Dear sir,
My elder bro invest in reliance equity opportunities fund dividend plan in Feb 2007.
We have only hard copy of account statement. And agent was karvy stock broking
Please suggest how to redeem all unit.
Brother also invest in fidelity equity fund dividend option
And
Standard charted mutual fund G201 sccef growth
Please advise how redeem all
We also mail to karvy but no response from their end.pls suggest on this
Ans: Reliance Equity Opportunities Fund (Dividend Plan):
Contact Nippon India Mutual Fund: As previously mentioned, Nippon India manages this fund now. Follow the same instructions as before to contact their investor service department through their website https://mf.nipponindiaim.com/ or phone number.
Standard Chartered G201 SCCEF Growth:
Contact IDFC Mutual Fund: Standard Chartered Mutual Fund merged with IDFC Mutual Fund in 2020. IDFC renamed itself to Bandhan MF NOw. Visit their website https://www.idfclimited.com/our_businesses/idfc_mutual_fund.htm and look for the redemption options for the G201 SCCEF Growth scheme under investor services.
Fidelity Equity Fund (Dividend Option):
Contact HSBC Mutual Fund: Fidelity Mutual Fund transferred its business to Lnt and Lnt mf got merged with HSBC. Look for the investor service section on the HSBC Mutual Fund website (search for it online) to initiate the redemption process for the Fidelity Equity Fund.
Remember:
Provide as much information as possible when contacting the AMCs, including your brother's name, PAN (if available), folio number (if you can find it from old statements), and details about the investment.
The AMCs should be able to guide you through the redemption process, which likely involves a redemption request form. This can usually be done online or offline.
If you can't find the folio numbers, don't hesitate to ask the AMCs for assistance in retrieving them.
Additional Tips:
If you have any old account documents mentioning the AMCs or investment details, they can be helpful.
Consider having your brother contact the AMCs himself if possible, especially if he has any ID proofs associated with the accounts.
Be persistent and keep following up with the AMCs if you face any difficulties.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
