Home Business Beware of fake social media entities claiming: Kotak Mutual Fund

Beware of fake social media entities claiming: Kotak Mutual Fund

Beware of fake social media entities claiming ownership of us: Kotak Mutual Fund

Kotak Mutual Fund warned its investors, business partners and general public about fake social media and Telegram groups and communities that guarantee huge returns on investment in its name, according to a press release.

According to the press note of Kotak Mahindra Asset Management Company Limited, “Alert! Please do not be misled by Fake Telegram and other social media entities claiming ownership of Kotak Mutual Fund.”

As per the note, the brand name, logo and identity of the spokesperson of Kotak Mutual Fund have been misused by several social media entities on Telegram and other social media platforms in the recent past.

“Kotak Mutual Fund has only one official Telegram handle (https://t.me/kotakmutualfund ), and it does not promise or mislead investors in any form or on any social platform for abnormal earnings or returns while investing in Mutual Funds. Mutual fund investments are subject to market risks, and investors should read all scheme related documents carefully before investing,” the note said.

“Also, we request users and investors to report those fraudulent groups on Telegram if they come across.” [email protected] or write us at [email protected],” added Kotak Mutual Fund.

featured video of the day

Retail inflation eases to 6.77% in October, lowest in 3 months

RELATED ARTICLES

crypto exchange bitfront shutdown

<!-- -->Bitfront said it has suspended new sign-ups and credit card payments until November 28. (Representative)Bitfront, a US crypto exchange backed by Japanese...

ICICI Bank says new digital-lending platform is first to digitize home loan process

<!-- -->TCS said that iLens digitizes the entire lending process for borrowers.New Delhi: ICICI Bank has launched a new digital-lending platform called 'iLens', developed...

India’s growth is going to slow down for a few years. why isn’t it such a bad thing

<!-- -->Demand could be hit by borrowing costs that have returned to pre-pandemic levels.India's annual economic growth is forecast to slow to around 6%...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recruitment for more than 130 posts in MP under National Health Mission

National Health Mission Jobs 2022: If you are looking for a government job then there is good news for...

US shows nuclear submarine equipped with super-destructive missiles in Indian Ocean, China or who on target? learn strength

Diago Garcia: The US Navy has once again surprised the world by announcing the deployment of a nuclear submarine equipped with its super-destructive missiles....

India Look To Level Series In Deciding ODI Against New Zealand | cricket news

The Indian cricket team would like to finish their limited overs cricket series in New Zealand on a high when they take on the...

Putin’s health in question! Appeared ‘uncomfortable’ during the meeting with the President of Kazakhstan

Vladimir Putin Health: Russian President Vladimir Putin is in headlines these days due to his 'poor' health. Every...

Recent Comments