Mumbai: HDFC Mutual fund failed to show SEBI and Trustee approval certificate to the investors of its top selling schemes . As per section 28 Of Mutual fund regulation HDFC AMC design the scheme and take approval from trustee and later send to SEBI for approval. To protect the interest of investors Under section 11 Of SEBI act 1992 SEBI give approval to mutual fund scheme . In many SEBI document SEBI confirmed that it approve the mutual fund scheme . In the SEBI scores complaint reply HDFC mutual fund is taking money from investors but not sharing trustee and SEBI approval copy with investors. It is cheating with investors and collecting money in the name of SEBI approval . HDFC did not PRINTED in any catalog or Brochure in bold letter that this scheme in not approved by SEBI and Trustee. HDFC AMC is making huge money in the name of approval from investors in the name of various charges and its share value is rising. HDFC mutual fund is unregulated ...