Ref.No.: KCPL / UTIMF /CON FOR/SPL Dated:06.07.2010.
Mr. Niranjan Panda,
A-503, Saheta Appts,
Plot No.-30, Sector-4,
New Delhi – 110075.
Unit: UTI Mutual Fund.
Subject: Non receipt of dividend warrants after 2007-2008.
Scheme: UTI Master Growth Unit Scheme/MEPUS.
Folio number: 50933577392 (Old membership no. 9340057290, Certificate numbers N00340838/839)/
50928020653 (Old Investor ID 250340826).
This is with reference to your complaint letter posted at consumer court forum website on 05.07.2010 on the captioned subject.
We are in receipt of your complaint letter regarding the non receipt of the dividends declared after 2007 in the captioned schemes. In this connection we wish to inform you that the Master Growth Unit Scheme is renamed as Top 100 Fund and the new folio number created after the scheme has been migrated to Karvy as registrars is 50933577392. A dividend has been declared for the record date 14.07.2009 after 2007 and the dividend for Rs.400/- was issued vide warrant bearing number 433892131 and MICR number 283827 dated 21.07.2009 and dispatched to you. Due to non encashment of the same, the warrant was unclaimed as per our records. We have received the letter of undertaking to issue the duplicate warrant against the same. We are in the process of issuing the fresh warrant against the same. Kindly bear with us till such time.
Regarding the investment made in MEPUS with investor Id 250340826, the new folio number alloted after migration of the scheme to Karvy as registrars is 50928020653. Two dividends have been declared by UTI AMC after 2007 under MEPUS scheme for the record dates 06.04.2009 & 03.03.2010.
The dividend declared for the record date 06.04.2009 has been issued through warrant bearing number 1501742470 and MICR number 81616 dated 13.04.2009 for Rs.606.75/- and the same was paid on 29.04.2009 as per the records. Hence we request you to reconcile the same in your records with the information provided and please confirm the receipt of the same.
The dividend declared for the record date 03.03.2010 has been issued through warrant bearing number 1502196755 and MICR number 77980 dated 10.03.2010 for Rs.606.75/- and sent to you. As per the records the warrant has not been returned undelivered to us till date. Since you are claiming the same has not been received by you, we request you to provide us with the letter of undertaking (LOU) as per the format attached and send back to us. On receipt of the same, we shall verify the paid/unpaid status and issue the duplicate warrant if the warrant found unpaid or inform you accordingly.
Regarding the investment made in the name of your child Ms. Rajshree Panda in the year 1994 in CGGF scheme, we wish to inform you that CGGF scheme is now renamed as Childrens Career Balanced Plan (CCP) and requesting you to provide the membership number/old certificate number or the Investor ID to further locate the investment details since we could not trace any folio number in the name of Rajshree Panda in CCP scheme.
We sincerely regret for the inconvenience caused to you in this regard.
For further assistance please get in touch with the nearest Karvy Investor Service centre or email us at email@example.com with the above reference number for correspondence.
We thank you for choosing to invest in UTI Mutual fund and look forward to a long standing association.
We assure you the best of our services.
For Karvy Computershare Private Limited
Registrar & Transfer Agent for - UTI Mutual Fund