UTI Core Equity Fund

1)When you visit their office there is no clarity among 2 different employees on any question

2)My father-in-law who is 93 years of age submitted one folio for around redemption 23 September 2022 to Borivali West office of UTI

3)Since there was no response from them for more than 15 days he visited their office around 10th Octover 2022. When they merily said that his signature does not match hence this was not redeemed. A person of 93 years of age could have been informed over the phone is it not? Absolutely inhuman animals they are(using a mild word "animals" here than using worst words I am aware of)

4)Then their person said my wife who is joint holder can also sign and he can sign again and submit

5)Today its 20th October 2022 and redemption has not happened

6)Myself who is his son-in-law used his credential registered on UTI MF with password creation and did redemption in 2 minutes.

7)But to do so we had to call UTI MF customer care number and these animals were of lower category who did not want to entertain anyone else sitting besides the main policy holder who is 93 years of age and he said he has to call from his registered number he only has to read out the folio number. A person who can't read due to his age how could he do so without the help of any their party?

I my self Sudhir Umesh Prabhudesai stopped my investments with UTI due to this quality of service and diverted all my funds to HDFC/ICICI/Future generali/SBI/Canara robecco etc etc fund and my investment has crossed 3 cr in these companies and with UTI its mere 1.5 lacs.

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Takes very long to update KYC and had to use social media and escalate issue to very high levels. Issue was resolved after a lot of creative ways to get UTI MF to respond.

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I had taken ELSS fund with UTI, SBI, Nippon(Reliance), Axis and others, Except UTI all others redeemed and returned the money automatically to my given bank account. Among all of them I got least return with UTI and instead of auto redeem they merged the fund with their new open ended fund and its very difficult to get clear instructions on how to redeem, they use multiple buzz words which common investor wont understand and pointing fingers here and there. If you dont want to face same issue that I face, Please avoid avoid investing in UTI mutual fund.

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I started SIP with this fud house, the money got deducted on 1st of the month that was Monday, the purchase updates are not given to me till 6th of the month, Customer service support person asked me to wait till 4th and said it takes 2 days so please wait. Today is 6th, the support person is still clueless.

The person keeps telling me that it is subject to the realization of fund. whereas the debit is clearly made. They asked me to write an email. Support staff us good for nothing, I regret to chose this fund house whereas there are much better service offering mutual fund houses and funds offering comparable returns.

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I entered into some schemes like US64, rajalakshmi 1992, Senior citizens SCUP. when I was young and started earning. sidelined my hard earnings to invest for my future.

all these ended in same fate, money gone. dissappeared due to the mismanagement of funds and the trust kept in this ROGUE COMPANY.

Rajalaksmi scheme was for female newborn children, which gave assurance to get funds at her 21 yrs of age and could be used for higher education. ONE fine day scrapped and given an option to convert in US64, which again met the same DEATH. in between as a plan for oldage, certain amount was invested in senior Citizens SCUP1993, which was scrapped in 2008. but MAGNANIMOUSLY GIVEN AN OPTION TO REINVEST IN ANOTHER COMPANY AS A REGULAR CUSTOMER. At the age where no company was prepared to take an health cover. I am 62 now and cant see any amounts getting recovered. SUCH IS THIS ROGUE COMPANY SHOULD BE HAVING NAME AS "UNTRUST OF INDIA".

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I invested in UTI Nifty index fund through SIP. This fund diversifies your money in the top 50 companies of the country. The Fund manager of this fund is very smart and he has fetched a nice return throughout his work life in this fund. The direct plan of this fund is very cost effective and I recommend you to invest in direct plan, for young people invest in direct growth plan. The fund has zero exit load. In this fund you can invest as low as 500 rs. The fund has very nice asset allocation.

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Unit Trust of India not good company. They employees very fraud. They invest my money other source without information. Very loss of my money. Don't go and investment money. Better to go for Fixed deposits in govt.banks.

Don't trust any mutual funds companies/this type fraud companies. Totally they depend our money to their employees. Their employees depend targests and incentives.

Please don't go and don't invest money. Totally market down, don't believe.

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Sales people are very dominating at mutual fund industries , they behave like dictators and play all dirty games

SEBI has to seriously look into this issue, service provider employees are treated like salves and humiliated like Anything

Shame on the whole system and idiotic people who don't have manners and standard

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Uti mututal fund -top 100 equity fund.

Service wise awesome service payment diabursal ontime .anytime you can close .even then you will be in profit .just amazing service with profit.i really like this company bcz of customer service profit online service and ontime disbursal just like amazijg far bwtter than any life insurance

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I would like to give genuine review about uti.

• I've invested in UTI MF since 2010 in five different scheme

  
  




• My invested money is increased only 3%

  
  




• It seems either fund managers are incapable of sensing market or they are not passing the profit to the end investors. For e.g if market goes down for 100 points your loss will be 10000 but if market goes 200 points up your gain would be 3000-3500.

  
  




• They changes schemes at any time without informing you

  
  




• They transfer your money to any scheme without prior notice

  
  




• I had invested in in UTI Blue chip equity fund which was doing well but they transferred my investment in other scheme at 52 week highest NAV.

  
  




• Also I felt that UTI MF's fund managers are either less experienced with lack of market sense or they don't want to pass profit to end/retail investors. Inshort they are filling their pockets with investors money.

  
  

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UTI is best Mutual fund company.I have got very good return from logistics fund and banking fund almost 40%in a year.Also it have best and very fast service. The functional operation and service providing is very good. As there employees are always ready to solve queries and suggestions. The documentation and investment process they carries is very transparent that's why I liked. UTI is a very good platform to invest your hard earn money safely. This is my own exeperience.

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UTI is best Mutual fund company.

I have got very good return from transportation and logistics fund and banking fund almost 35% in a year.

Also it have best and very fast service.

I always get fast support from the customer care center as well as broker network is also good.

Even you can solve any query from their regional office.

Very very satisfied results.

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I have invested Rs.10000/- in UTI growth mutual fund in 2012. In the year 2017 that is after five  years of holding it the amount became only Rs.15272/-. The UTI mutual seems to be a very conservative place to invest. Even I put it in a bank fixed deposit, I could have get more appreciation of my fund in this period. So now I am trying to get my fund out from this mutual fund.

Their customer service is not also up to the mark. I have to made repeated request to get my statement through post or mail. I do not recommend this fund as good place for investment.

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Well UTI mutual fund doesn't need much introduction. The first mutual fund company to start in India. It's been a bumpy ride for this Asset management Company due to the controversies of US 64 and ARS bond but nonetheless no other AMC scheme's is performing well as compared to UTI.

Professional Fund managers with Vast experience in their field manages the schemes of UTI. To name a few schemes are doing pretty well in the market now are UTI midcap fund, UTI transportation and Logistic fund, MNC fund, Opportunities fund etc. The best thing is you can start investing with the minimum of Rs 500/- per month as Systematic Investment Plan(SIP). If you want to go lumpsum then you can start with Rs 5000/- or more. I have been investing in one of those schemes has yielded 25% returns annually in the past 3 years.

Hope they will forget their past and keep up the good work.

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Personally I am from punjab and I have lots of interest in share market but I dont know to deal with shares and like things. then my friend advice me to invest in mutual funds in UTI.

I started with 10000 rs. No doubt UTI provide very good service to the customer as every month I got a letter and some phone calls whta is my return as profit or like things. Also hats off to the smart workers of uti as every month I got a profit of nearly 1.5 to 1.7 % as my return from mutual funds.

So friends if want more and more money in less span of time then go UTI mutual funds

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Yes UTI is very trustful financial service provider. As we know UTI providing financial services in many ways like mutual funds, share investment, fund planning. In all those UTI dping well, I was invested about some rupees on year 2001 in mutual fund and received a good return on it, that's what I was interacted with them. The functional operation and service providing is very good. As there employees are always ready to solve queries and suggestions. The documentation and investment process they carries is very transparent thats why I liked it! The name of UTI is perfectly matched as we can trust them!

UTI is a very good platform to invest your hard earn money safely.

Thank you!

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I have been a active participant in share and mutual funds market, so I regularly keep an eye on both. In all mutual funds I give priority to UTI. This is on simple two pointers. Firstly, The SIP i.e I have a option of investing Rs 500 which no other popular or well known mutual fund gives me. and Second, due to the return on mutual fund I receive is higher than any other.

I have some funds which gave me over 15% and other one gave me even 18+% on my investment per year, which was so encouraging. I get regular updates on NAV and about proceedings along with the online facility to track them along with mobile app for the same purpose. There executives and agents are well behaved and got the information to help. I recommend UTI to all who wants a secure investment along with good returns. I am satisfied from them in every aspect.

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My dad invested 15 year plan. When it got matured they didn't have curtsy to send mail or at least one sms. I need to call and takes 15 mins to answer and they will tell need to visit nearest UTI office and give request for withdrawal, updating bank details etc. etc. NO ONLINE.and the lady at desk is also not co-operative.

Never ever invest in UTI. UTI is again doing what it does best, that is " to abandon its investors without any warning".

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My mom had invested some amount in 1995 that is Rs X on my name . I was 8 years old. The amount now in 2014 has become X+.6X that's it!

Their ULIP policy is not transparent and they cheat people.The problem is today when I am 26 years and I want to buy all units from UTI. they are asking me to submit address proof of the house where I stayed in 1995.( submitted my parents address proof though)I submitted by new address proof and account no. associated to that.

I got a sms saying your request no. 11017768995 could not be processes as you do not have old address proof. I wanna understand why do they want old address proof when I have submitted everything on my current address.They are finding new reasons to stop us from buying all units.

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Purely Cheating!

Markets going up after two years they are not giving me what I invested. They give dividend and lower the nav

which means they are giving returns out of our money. They are cheating innocent customers.

Not recommended to anyone.

Please don't buy it.

I bought at an avg price of 14

now after two years nav is 13.23

Annual dividend payout is not more than 9%

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