Caution to All Investors:
Ref: UTI India Fund 1986 ISINMU0217S00127
Managed by UTI International UK
If you Invest:
They will conclude the transaction way above their published NAV and there is no control on this.
You will not get the contract note easily and promptly.
You will never get your unit statement from them and even if you ask them to provide it, response will be very lethargic.
If you are fed up and want to sell the units:
They will conclude the transaction way BELOW their published NAV and there is no control on this.
They dont stand by the NAV they disclose.
They dont send you contract notes unless you follow up contineously with them.
You wont receive your redemption amount in 2-3 weeks.
Worst: You can not ask them questions, no one responds. They are not governed by SEBI or AMFI guidelines.