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Friday, August 6, 2010

How to find whether your Investors Complaints are received by Mutual Fund - AMFI website link

Disclosure of investor complaints with respect to Mutual Funds
SEBI has received feedback from investors and Investors’ Associations to improve transparency in the ‘grievance redressal mechanism’. Based on the same, transparency in ‘grievance redressal’ is identified as a key area to augment investor protection. It is envisaged that transparency will also improve the general functioning of the market by providing investors the wherewithal to make an informed choice.

Accordingly, it has been decided that Mutual Funds shall henceforth disclose on

the details of investor complaints received by them from all sources. The said details should be vetted and signed off by the Trustees of the concerned Mutual Fund.

The format for the aforesaid disclosure is given as Annexure to this Circular Cir / IMD / DF / 2 / 2010 dated 13th May 2010.

AMFI Website Link to view Details of Investors Complaints received by Mutual Fund


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