I have been investing in debt and equity funds for last 3+ years through Scripbox. I believe, This is the right time to review their debt-funds return as it is expected to give better short-term return. But their debt-funds average performance is poor. The debt-funds performance during the financial years, 2015-16 = 0.10%, 2016-17 = 6.17%, 2017-18=2.24%, and 2018-19=1.77%. It is/was lower than RD :(. I don't recommend scripbox for short term investment. I will review on their long term equity funds after 2 years.
Their proprietary AI/ML models are not giving satisfactory results, 20 months after investment their tax saving funds could see just 3% growth and that is also notional, not sure what will happen at maturity.
Don't even think if investing your money with these frauds it's been more than two months since I placed the request for withdrawing my money from AnyTimeCash policy. They didn't returned the money and now they stop replying to me also regarding this. I don't know what is stopping them to give my own money back to me.
Sending papers to office address does not work, as address does not have contact number ; Courier does not acccept the Toll free number ; Was just on the phoen with the courier -- poor guy unable to deliver inside or at the gate or at the reception , just bcz no direct phone number for office ;
