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What protection is available from Investor Protection Fund?

April 26, 2017fund investor

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What protection is available from Investor Protection Fund?

1 Answer

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The exchanges maintain an Investor Protection Fund to make good investor claims, which may arise out of non settlement of obligations by the trading member, who has been declared a defaulter, in respect of trades executed on the Exchange. The maximum amount of claim payable from the fund is Rs. 10 lakh in the case of NSE and BSE.