I just noted 2 fraudulent switch transactions from my existing icici mutual fund folio to their new NFO flexiCap fund. I have never made these transactions and i was never even made aware of these until the switch happened and i received a mail by camsonline. What’s even more suspicious is that both these transactions were made on 12th July 2021, which was the last date for subscribing to the NFO. This looks like their older malpractices in switching mentioned in Switching Scam: Sebi, Amfi Step In . I have already launched a complaint with icici prudential amc. I might have to also go through sebi scores portal to escalate the complaint. I am now facing an exit load on their nfo, market risk and higher tax implication loss on my existing folio due to STCG.
I wanted suggestions on how to resolve this situation and if others have faced similar issues?