Mutual Fund Redemption Delay Complaint - English

To,
Grievance Cell / Compliance Officer
{{amc_name}} Asset Management Company
{{amc_address}}

Subject: Mutual Fund Redemption Amount Not Received - Folio {{folio_number}}

Dear Sir/Madam,

I, {{your_name}} (PAN: {{pan_number}}), am a unit holder in {{scheme_name}} (Folio: {{folio_number}}).

Redemption Details:
- Redemption Date: {{redemption_date}}
- Units Redeemed: {{units_redeemed}}
- NAV Applied: ₹{{nav}}
- Expected Amount: ₹{{expected_amount}}
- Registered Bank Account: {{bank_name}} ending {{account_last_4}}
- Settlement Due Date (T+3): {{settlement_due_date}}

As of today ({{days_passed}} days since redemption), the redemption amount of ₹{{expected_amount}} has NOT been credited to my registered bank account.

SEBI regulations mandate mutual fund redemption proceeds to be credited within T+3 business days. The delay beyond this period is a regulatory violation.

I request:
1. Immediate credit of ₹{{expected_amount}} to my registered bank account
2. Interest compensation for the delay period at applicable rate
3. Written explanation for the delay

Previous complaint to AMC: {{complaint_ref}} on {{complaint_date}} — unresolved.

If not resolved within 7 days, I will escalate to SEBI SCORES portal.

Regards,
{{your_name}}
{{your_phone}}
{{your_email}}
Date: {{date}}