Friday, 20 January 2012

Re: [www.keralites.net] MUTUAL FUND-please help

 


From: Sabu m k <mk_sabu71@yahoo.com>
To: Keralites@yahoogroups.com
Sent: Thursday, 19 January 2012 12:58 PM
Subject: Re: [www.keralites.net] MUTUAL FUND-please help
 
Dear Mr.Rassana
You are completely wrong and I think ignorant about mutual fund & ULIP investment markets. All equity based mutual funds are investing/trading in share market and is subject market risk. Probelm now market is down so the unit value is going down.

Also for Mutual funds IRDA have no role and need to go to SEBI if any complaint and in case of insurance companies can go to IRDA. Also there is no relation with the banks in this case.

But from the first mail, came to know that is ULIP and can very well know about the scheme if the policy document and prospects read.

rgds/sabu  
--- On Wed, 1/18/12, mohammed rassana <mrassana@yahoo.co.in> wrote:

From: mohammed rassana <mrassana@yahoo.co.in>
Subject: Re: [www.keralites.net] MUTUAL FUND-please help
To: "Keralites@yahoogroups.com" <Keralites@yahoogroups.com>
Date: Wednesday, January 18, 2012, 2:37 AM

 
dear sir,
 
 all the banks rules are as like as the same. they must give their rules and regulations.
 
 if you pay remaining full amount [ you must pay the remaing balance amount ]to relience  and may get back full amount.
 
 try with your concern agent also.
 
 in my case also  the same with icici bank. i paid two instalment 50000+50000= 100000 one lake
 i cannot pay the third instalment . now they forced  me to pay the third instalment  to get full up to date amount, otherwise they  pay me back only the balance amount  with deduction of their rules. 
 
what can i do? i said ok then you pay me  the balance  as per your rules and regulations . 
 
but stll they didnot pay yet. first this is our mistake. all the banks and bank agent s are theifs.
first they said some thing, afetr that they completely return to side of the bank.
 
if we put our deposite in normal sanvings bank account, instead of this type of  investment with relienc or like icici bank we can get ful amount with up to date interest.
 
totally we are mislead by the bank staffs  and  agent. this should be erased from the banking law
 
 this must  taken to the irda with a group of people who they are affected  like this.
 
 how we can do it?. please consult with the lawyer.
 
thanks
 regards
 em. rassana
From: jamal kk <jamalkk2000@yahoo.com>
To: Keralites <Keralites@yahoogroups.com>
Sent: Wednesday, 18 January 2012 1:35 AM
Subject: [www.keralites.net] MUTUAL FUND-please help

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[www.keralites.net] 13 Useful Tips to avoid Investment Fraud

 

Fun & Info @ Keralites.net1)     Always ensure to use your own pen while filling application form and/or cheques. The era of frauds using invisible ink of agents has just begun and ensures to put lines in the blank areas both in the cheques and application, not leaving space for anyone to fill the blank columns.  In case the application is filled by the agent, read all the writings carefully and ensure that, the data filled is correct and matches with your records.



2)      Always ensure to write application number, your name, mobile phone no., fund/scheme name at the back of the cheque. If you're giving renewal premium cheque, write your policy/folio number also.
3)      Check for renewal date and payment frequency carefully in your policy document. It has come to notice that many agents had taken the cheque from customers for yearly mode or half-yearly mode & has submitted the documents on monthly mode.  If possible use online premium payment.
4)     Deal with only certified financial planner, AMFI certified distributor or IRDA certified insurance agent. Do not deal with sub-brokers as they're not fully trained and do not have complete knowledge about the products they are selling on behalf of the main agent.  
5)     Always check the identity card of the person to whom you're dealing with. Check the company name and date of validity of the card. Generally, IRDA license is valid for 3 years and AMFI license is valid for 5 years from the date of issuance / renewal.
6)     Do not blindly trust anyone even if you know him / her from several years. Always ask for official brochure of the product you're dealing with and see everything written there.  Read all fine prints carefully and ensure that, whatever your agent explained to you related to the products are correctly matching with official offer documents or the policy proposal form.
7)     Ask for official illustration of the insurance product or fact sheet of mutual fund before investing.  In most of the cases the investment returns and other benefits explained in the illustration is based on some assumptions. In 90% cases the agent will try to convince you that, the return worked out in the illustration should be guaranteed and you are going to receive all the benefits at the maturity of the investment. This investment mistakes had happed to so many investors those who have invested in ULIP policies issued by insurance companies and badly burned their fingers.  Lakhs of people are victims of this scam ( I can confidently use the word scam here, because the poor investors are cheated by the agents and insurance companies showing unimaginable returns and other benefits otherwise we can call this as day light robbery).  Mostly all insurance products are long term in nature.   After 10-20 years, if happened something wrong also, who is going to complain and you will not be able to trace your agent also.
8)     Understand the product fully before investing  to ensure that the investment you are making is match with your risk  appetite and return expectations
9)       Insist your adviser to show the comparison with other competitive products. You may like some feature of other product which your advisor does not like.
10)    Note down the your agent / distributor full contact details before submitting application forms like full name, ARN No. or IRDA license no., branch address & phone no., residential address & phone no. mobile phone & landline, email address etc.
11)  Always put the date where ever you sign.
12)  When you get your policy bond / statement of account/ investment certificate, check all the details like your name, contact details, nominee name and other relevant details. Go through all the documents. Pay attention to the charges portion carefully. Insurance companies normally give photocopy of your filled application form along with your signed official illustration with policy bond. If you're not satisfying with the terms and conditions, you can return the original policy bond with 15-days free look-up period and get your money back.
13) When ever you sign on  a document having multiple pages, ensure to sign in all pages.

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[www.keralites.net] FHM India's 'naked' covergirl found safe and well after going missing amid death

 

Veena Malik, who posed nude for the Indian version of FHM magazine, apparently vanished last week, causing her manager, Pratiek Mehta, to report her missing.
He became worried after she had told him she had received several death threats over the photos.
Fun & Info @ Keralites.net
Veena Malik claims she was wearing hotpants, which were removed by Photoshop on the cover of FHM India
The report led to speculation in the Indian media that she had gone back to Pakistan dressed in a burqa because her visa in India had expired.
The 33-year-old, who is in India filming a movie, has since emerged and her spokesperson said she was staying in a hotel in Mumbai.
'Touched base with Veena this morning, she is fine,' a spokesperson told the Daily Mirror.

Fun & Info @ Keralites.net 

The actress claims she was in the past approached to pose for nude pictures by other agencies, but always refused
Ms Malik claims the cover of the magazine was doctored to make her appear nude when she actually posed in clothes.
But she revealed today that since launching her lawsuit, she has been threatened in an attempt to get her to drop it.
The 33-year-old told the Mail Online: 'I feel completely cheated. They've added ten years to my age. 'They threatened to sue me if I don't keep quiet.'

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Malik appeared naked on the cover of the December issue of FHM India with just her arms and legs covering her modesty, sporting a tattoo of the initials 'ISI' on her arm, a reference to Pakistan's intelligence agency.
The image sparked outrage in her homeland.
She said: 'The image we shot was completely different to the one on the cover. I was wearing hot pants and they promised me they would cover my upper body with multiple tattoos.
'Instead, they removed the hot pants.'
She also claims the editor-in-chief Kabeer Sharma and the journalist who interviewed her refused to respond to her calls following the release of the issue, despite being in daily contact with them prior to the shoot.
FHM India is owned by Maxposure, separate to the UK-owned FHM, which is published by Bauer Media.
Since then, Malik says she has received a legal notice from FHM India which she claims was 'aggressive' in tone, and she says threatened her with character defamation if she did not retract her allegations.
Malik said: 'I did not sign any contract and refused to until I was given final approval of the images. I was never sent the pictures but I was assured they were the same shots taken on the shoot in November.
'I was cool with those pictures because I felt they were artistic and beautiful. They should have waited for my authorisation but they didn't.
'There was only one week between the shoot and publication - they were obviously in a rush to print them without my consent.'
Fun & Info @ Keralites.net
Veena said FHM India would contact her twenty times a day to convince her to pose for the magazine - and then refused to return her calls following publication
The 33-year-old also revealed she has already been approached by an international agency in the past to do nude images.
She said: 'I was approached in the past to do nude shots for money and I refused. So why would I accept to do that for FHM India for free?'
Sharma vehemently denies the pictures are doctored and that the model has been threatened, insisting Malik has given contradictory accounts of the shoot.
He said: 'It's important to note Ms Malik has been dragging the magazine's name through muck by making false and baseless allegations and we look at it very, very seriously. 
'I invite Ms Malik to furnish one shred of evidence, SMS or a witness to support her allegations which are as concocted as the ones she's been making all week.
'No one in FHM has had any conversation with Ms Malik directly or indirectly to make this 'imagined threat'.
'The one message that was sent to her was one that told her she could call the office landline if she wanted to have a conversation.
Fun & Info @ Keralites.net
Veena is hoping to reconcile with her father, who has disowned her since seeing the pictures
'Ms Malik was more than comfortable with the filming, it was only when the cover and the grenade shots were done was the videographer asked to stop filming to make the team more comfortable (not her). 
'She did not even once ask him to stop filming.'

 


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[www.keralites.net] A PRAYER

 

 

 

 

 

A  Prayer

 

Jesus, Let  this  day be a spring  of  joy and a fountain,

of  peace.

 

Take  away  my  burdens  , so that I  can praise ,

you  with an open heart...

 

Set  me  free  from my fear  so that I  can ,

serve you  with the  courage of  a  warrior.

 

Turn  my soul  into a vessel of love , so that others,

Can  drink  from it and be comforted.

And  at the end  of the day let me go to bed with,

the knowledge  that  your love will see me through,

the  night into  the dawn  of  each  new tomorrow.

Amen

 

May  Your  Cup  Overflow  With

God  Love  And  Peace

 

Good  Night  Everyone

Lucy



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