Investor Protection Fund (IPF) of Depositories
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.... of the depository IPF including utilization and investment policy of IPF and quantum of funds to be transferred to IPF. The Expert Committee on Clearing Corporations also deliberated the issue with regard to quantum of funds to be transferred by the Depositories to their IPF. 2. SEBI (Depositories and Participants) (Amendment) Regulations, 2012 require every depository to establish and maintai....
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.... etc. aimed at enhancing securities market literacy and promoting retail participation in securities market. ii. To aid, assist, subsidise, support, promote and foster research activities for promotion/ development of the securities market. iii. To utilize the fund for supporting initiatives of Depository Participants for promotion of investor education and investor awareness pro....
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....e / an expert in the field of investor education / a representative from the registered investor associations recognized by SEBI and Managing Director of the Depository. ii. The Depository shall provide the secretariat for the IPF Trust. iii. The Depository shall ensure that the funds in the IPF are kept in a separate account designated for this purpose and that the IPF is immune....
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....Protection Fund) of the Depository or any other such fund / reserve of the Depository shall be transferred to IPF. v. Any other sums as may be prescribed by SEBI from time to time. Investments of Fund 8. Funds of the Trust shall be invested in instruments such as Central Government securities, fixed deposits of scheduled banks and any such instruments which are allowed as per the in....
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