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I am a distributor of mutual funds in Nashik.UTI MF’s Index Select Fund announced a 110% dividend on 11 January 2008. I had personally submitted four applications of Rs one lakh for four clients. UTI took one month to clear the cheque and all four clients have still not received the dividend. For the past month and a half, I have been following up with UTI MF’s office at Nashik and Mumbai but...
