I trusted Bajaj capital to open a Demat account as their representative visited my workplace for a request to open a Demat account.
I trusted the firm house as it has name of Bajaj(An industry name known for their uprightness)however I got myself proved wrong due to following facts.
- When their relationship manager visited me they told me that they will be usually advising about investing in mutual fund from time to time, but since last 2 years the relationship manager has not shown up neither sent any reply or message for queries put by me.
2.They advised me to sell or buy a mutual fund that did not serve my purpose and later realized that as I change scripts it benefits the fund manager or broker not me.
Also I had at times been investing in Shares through the just tradein account of the same company(that is renamed for some time now as just trade.in)
I find that contrary to my suggestion some shares are sold and without due intimation to me for which I have protested several times but to my dissatisfaction the things got repeatedly done even I found some of my favorite funds being sold without my knowledge(even I had issued strict instruction not to do so)
I had also wrote to the relationship manager besides telling them to settle the matter but the same is pending even now.
I don’t advice any body to take this fund manager at their face value as I did and suffered.