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UTI Mutual Fund
UTI Mutual Fund, established in 1964 as Unit Trust of India, holds a significant position in India's financial landscape. Initially, it pioneered the concept of mutual funds in the country, catering to the investment needs of millions. However, over time, it faced challenges stemming from market competition and regulatory changes. In the early 2000s, UTI underwent a restructuring process due to financial irregularities, leading to a significant overhaul of its operations and governance structure. Consumer complaints against UTI Mutual Fund have varied over the years, ranging from issues with fund performance to customer service grievances. Investors have expressed concerns about transparency, delayed redemptions, and unclear communication channels. Despite these challenges, UTI has made efforts to address consumer feedback, implementing measures to enhance transparency and streamline its customer service processes. Those encountering concerns related to UTI Mutual Fund can use our platform to file consumer complaints. With a commitment to providing exceptional customer service, the Vakilsearch team ensures prompt and effective assistance.
Did you know
UTI Mutual Fund, a well-known name, wasn't always independent. Established in 1964, it was initially owned by the Unit Trust of India, a government-sponsored entity. In 2003, UTI underwent a transformation, becoming a sponsor-less trust managed by a board of trustees. This shift towards a more independent structure reflects the evolution of the Indian mutual fund industry.
Loss amount between
₹1 - ₹1 lakh
1999
₹1499+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Loss amount between
₹1 Lakh– ₹25 Lakhs
3499
₹2999+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Loss amount between
₹25 Lakh – ₹1 Crore
4999
₹3999+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Loss amount between
Above 1 Crore
9999
₹7999+gst
What you’ll get
Legal consultation
Drafting legal notice
Email & Chat support
Not sure about the packages
If you're still not sure which plan to choose, don't worry. Our lawyers are here there to help. Just reach out to our lawyers today.
Here’s What You Need to Do About Resolving Complaints Online
1. Step 1: Contact customer service, reach out to using phone, email or website
2. Step 2: Communicate the issue, providing details such as booking information, travel dates, and any relevant evidence
3. Step 3: Look into the solution provided by the customer service team
4. Step 4: If you're not satisfied with the initial response we can help you escalate it to the next level.
How to Lodge a Consumer Complaint Against UTI Mutual Fund with Vakilsearch
With the assistance of Vakilsearch, you have the opportunity to request a refund, replacement, or compensation from UTI Mutual Fund . If you find yourself discontented with UTI Mutual Fund , take the step to submit a complaint.
Follow these steps to proceed:
1. Navigate to the ‘File a Consumer Complaint’ page
2. Select the company name as the subject of your complaint, and provide an in-depth account of the issues you've encountered
3. Fill in your personal details and outline the particulars of your grievances
4. Initiate a plea for a refund, replacement, or compensation in relation to the brand
How We Will help you File a Legal Consumer Complaint Against UTI Mutual Fund
1. Step 1: Contact Vakilsearch: Talk to our lawyers to know your legal rights and verify your complaint's legitimacy.
2. Step 2: Explain Your Situation: Describe your issues with this firm, ensuring you provide the necessary evidence and specifics.
3. Step 3: Draft and Send a Legal Notice: We'll draft and dispatch a legal notice on your behalf, and then await the brand's reply.
4. Step 4: Initiate Litigation: If the reply isn't satisfactory, we'll take the matter to consumer court, offering complete support.
Before Initiating a Complaint, Ensure You Complete the Following Procedures
1. First, try resolving the issue through the brand's customer service.
2. Keep a record of all communications, like emails and chats, with their support.
3. Collect and keep essential proofs, including bills, payment confirmations, and relevant photos.
Why Vakilsearch?
Vakilsearch has a track record of helping countless consumers find resolutions. By talking to our wide-ranging legal, social, and business connections, you can voice your concerns and get the solutions you seek.
Legal Network
We can send a legal notice or start a case in the consumer forum on your behalf. Our network is filled with skilled and verified lawyers ready to help.
Social Network
We can help amplify your issues by starting a social media campaign against UTI Mutual Fund, ensuring they take notice.
Business Network
With Vakilsearch, you can quickly get in touch with the right people at UTI Mutual Fund. We have a vast database of companies keen on resolving customer issues.
Not sure about the packages
If you're still not sure which plan to choose, don't worry. Our lawyers are here there to help. Just reach out to our lawyers today.
Understanding Consumer Rights
Industry-Specific Consumer Complaints
Consumer Complaint Procedures & Legal Aspects