Investor Protection Fund Trust

NSE has established an Investor Protection Fund with the objective of compensating investors in the event of defaulters' assets not being sufficient to meet the admitted claims of investors, promoting investor education, awareness and research. The Investor Protection Fund is administered by way of registered Trust created for the purpose. The Investor Protection Fund Trust is managed by Trustees comprising of Public representative, investor association representative, Board Members and Senior officials of the Exchange.

The Investor Protection Fund Trust, based on the recommendations of the Member Committee (formerly Member and Core Settlement Guarantee Fund Committee), compensates the investors to the extent of funds found insufficient in Defaulters' account to meet the admitted value of claim, subject to a maximum limit of ₹ 35 lakhs* per investor per defaulter/expelled member in respect of claims arising on expulsion/declaration of default of members.

*Maximum compensation limit has been increased from Rs. 25 Lakhs to Rs.35 Lakhs and the same shall be applicable for claims received against the Trading members who have been declared defaulter or have been expelled post August 13,2024.

• Justice (Retd.) Smt. Abhilasha Kumari, Trustee, Chairperson

• Shri. S Ravindran, Trustee

• Prof. (Dr.) Mamata Biswal, Trustee

• Shri. Ankit Sharma, Trustee

• Shri. Surinder Verma, Trustee

Committee of Public Interest Directors (PID) to review Investor Protection Fund:

• Justice (Retd.) Smt. Abhilasha Kumari

• Shri. S Ravindran

• Prof. (Dr) Smt. Mamata Biswal

IPFT Corpus

* As on October 31, 2024 (Unaudited and Provisional)

Download Status of Claims (.xlsx)