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Siddartha Mutual Fund.....highly unprofessional

Moderators: बिमलमान, Dilbert.

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Member
Registered: Sep 2013
Posts: 5
yes i agree on it.
Member
Registered: Aug 2013
Posts: 840
thanks katakjee
Member
Registered: Jul 2013
Posts: 95
Good job....I am also wid u
Member
Registered: Aug 2013
Posts: 840
thanks
Member
Registered: Jun 2013
Posts: 166
i support
Member
Registered: Aug 2013
Posts: 840
i think we should involve media also in this.......yadi sathi bhai haru ma kasaile media bata kasailai chincha bhane tini haru lai pani liyera janu parcha.......Monday fix garda kasto rahla?
Member
Registered: Jul 2013
Posts: 287
I agree with all of you...let's small investors gather together.
« Last edit by learn2invest on Wed Sep 11, 2013 10:00 pm. »
Member
Registered: Aug 2013
Posts: 840
yes together we can and we will make a difference
Member
Registered: Jun 2013
Posts: 85
If we all the small investors gathered at a common point and ask sebon to protect us from the big fish( mutal fund and the big investor ) they might take some action or make any rules in our side that will be best for us . So guys lets make an effort coz we can do ...
Member
Registered: Aug 2013
Posts: 840
There is no such regulation....but we want sebon to make regulation on this to protect small investors like us from these big mutual fund companies and today again siddartha mutual fund sold some share what i got to know.......if they wouldn't have sold it.....it would have reached Rs. 220 till now
Member
Registered: Jun 2013
Posts: 78
Anyone knows... Is there any regulation by which Siddhartha should not do this or we are discussing here just ethical?
Member
Registered: Aug 2013
Posts: 840
and this is real serious issue we all shouldn't take it lightly......bez at some point of time every investor will be effected......
Member
Registered: Aug 2013
Posts: 840
ok great then we all should make a group of as many people as we can.....and fix a date to go for the protest my frens
Member
Registered: Jul 2013
Posts: 287
I will join for protest too.
Member
Registered: Jul 2013
Posts: 35
185 ma mega ko slip kineko tara yo mutual fund le ta dubaune bhayo.
Yesto tal le ta sana kisan ra RMDC ko pani price badna paudaina hola. yo share haru list hunu bhanda pahile nai kehi ta garnu par6 sameer jee ra aru sathi haru. Julus nai janu pare ma pani tayar chu hai sathiharu
Member
Registered: Aug 2013
Posts: 840
yes and these mutual funds get our share of share's which ultimately we would have got if there would be no mutual fund.....in my views if they want to sell off these shares immediately then they should complete in ipo's like general public. THEY SHOULDN'T GET ANY PREFERENCE/
Member
Registered: Jun 2013
Posts: 85
Sebon should take some action regarding these kinds of factors . Previously also mutal fund were selling the ipos share just after listing . This situation won't arise if they've hold the share for some time duration. So the rules must be that the mutal fund should hold the share at least one year ...if this continue there won't be any charm of ipos.
Member
Registered: Jul 2013
Posts: 364
NRB ra Seboan ko ramro neeyat dekhenna .. aaja nepse 540 - 550 vanda mathi badna nadina .. yini haru ko nai chalkhel cha .. they just manupulate the market and make investors suffer :-(( tesmathi "self declared VIRGIN" Mutual fund ko bare ta k vanne .. market bigarne and investors lai return zero ..
Member
Registered: Aug 2013
Posts: 840
My Friends, bez i complained about siddartha Mutual fund in sebon.....i think that's why they didn't sold any share today......they should be aware that small investors like us are fully aware of the situation and if they take any actions which will make our investment in danger then we will retaliate and make them pay for their deeds.
Member
Registered: Jul 2013
Posts: 287
Siddhartha Mutual Fund, you should be the MARKET MAKER not MARKET DESTROYER. Don't let small investors like us to REMIND you.
Member
Registered: Jul 2013
Posts: 30
I tried selling 32 x 4 Mega Shares yesterday but could not be successful. Upon checking, this broker 56 was selling in 1000s presumably acting for Siddhartha Mutual fund.

They should be aware that they were guaranteed so much shares from the IPO to take care of the market, not to drive it down.

No wonder, small investors like myself have to suffer due to their irresponsible act.

Siddhartha Mutual Fund, grow up! And get your acts together!
Member
Registered: Aug 2013
Posts: 840
yes and if they continue to do so what we can do is that we can support those people who have filed complain against the unethical deeds done by siddartha mutual fund.........that matter of NCM mutual fund tender was in media as well but siddartha mutual fund ppl used source force to hide the news and get away with the tender
Member
Registered: Jun 2013
Posts: 56
SEBON need to act fast to control such kind of unethical and illegal act by Siddhartha Mutual fund. Other wise hole MF industries will be destroyed.
Member
Registered: Jun 2013
Posts: 144
Really a childish and immature act by Siddhartha Mutual Fund. Really they are unprofessional. As my friends say the are not 'market maker' they are proving to be 'market destroyer'. This act will surely has long term effect on them only. Now people wont have believe on Mutual fund, new mutual fund companies cant issue their units in the market, even they issue also people wont buy it. I think even siddhartha next fund will be effected from this.

Really they are not understanding the sentiments of general investors. They will suffer for sure in coming days. Not only they due to this kind of premature act whole mutual fund industries will suffer.

SIGS-1 price will be surely be below Rs.10 once their confidence is over in the market. No matter how much NAV is.
Member
Registered: Aug 2013
Posts: 840
I also came across one news about complain being filed against siddartha mutual fund and NIDC capital market in sebon and akhtiyar durupyog anusandhan bibhag for illegally getting share tender of NCM Mutual Fund. And the case is pretty strong.

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