FULL FORM OF IPF

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            IPF stand for Investor Protection Fund. NSE has established an Investor Protection Fund with the objective of compensating investors in case of defaulters asset not being sufficient to fulfill the admitted claims of the investors,for investors education and awareness. The investors protection fund is administered by registered trust created for the purpose. The investor protection fund trust is managed by trustee,consisting of public representative,board members and senior officials of the exchange. 
           The stock exchanges have beented to fix legitimate compensation limits in consultation with investor protection fund/ customer protection fund trust. It is also provided that the amount of compensation available against a single claim of an investor arising out of default by a member broker of a stock exchange shall not be less than Rs one lakh in case of major stock exchange like BSE and NSE and Rs 50,000/ in case of other stock exchange.

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FULL FORM OF NSCCL

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