TaxTMI 
TaxTMI 
Investor Protection Fund (IPF) of Depositories
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....estment 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 maintain an Investor Protection Fund (IPF). Pursuant to the a....
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....etail 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 programmes. iv. To utilize the fund in any other manner as may be prescribed/ perm....
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....ciations 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 from any liabilities of the Depository. Contribution to the IPF 7. The following contributions shall be made by ....
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....escribed 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 investment policy approved by the Board of the Depository. The investment policy shall be devised with an objective of capital protection along with highest deg....