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Investor Charter

 

Investor Charter: Relevance

  • GS 2: citizens charters, transparency & accountability and institutional and other measures.

 

Investor Charter: Context

  • SEBI (Securities Exchanges Board of India) has unveiled investor charter, and laid down certain dos and don’ts of investing in Indian securities market.

 

Investor Charter: Key points

  • Investor Charter was first proposed in Union Budget 2021-22 to protect investors from misselling of financial products.
  • This charter includes the rights and responsibilities of investors, and dos and don’ts of investing in the securities market.
  • The charter has been published to protect the interests of investors by enabling them to understand the risks involved and invest in a fair, transparent, secure market, and to get services in a timely and efficient manner.
  • It will also ensure that SEBI-registered intermediaries/ regulated entities adhere to their investor charters, including the grievance redressal mechanism.

 

Investor’s rights

  • Get fair and equitable
  • Expect redressal of investor grievances filed in SCORES (Sebi Complaints Redress System) in a timebound manner.
  • Get quality services from SEBI-recognised market infrastructure institutions and SEBI-registered intermediaries/ regulated entities/ asset management companies.

Indian Polity

Investor’s responsibilities

  • Deal with SEBI-recognised market infrastructure institutions and SEBI-registered intermediaries/ regulated entities only.
  • Update their contact details such as address, mobile number, email id, nomination and other KYC details in case of any changes.
  • Ensure grievances are taken up by concerned entities within a stipulated period of time.
  • Ensure that their accounts are operated only for their own benefit.

 

Do’s for investors

  • Read and understand documents carefully before investing.
  • Know about investor grievance-redressal mechanism.
  • Know the risks involved before investing.
  • Keep track of account statements and bring to notice of concerned stock exchange/ intermediary/ AMC any discrepancy that may be noted.
  • Know about various fees, charges, margins, premiums, etc., involved in the transactions.
  • Preserve relevant transaction-related documents.

 

Indian Polity

Don’ts for investors

  • Don’t make payments in cash while making any investment in the securities market, beyond the prescribed limit.
  • Don’t share critical information such as account details and passwords with anyone.

 

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FAQs

Who released investor charter in india?

SEBI (Securities Exchanges Board of India)

When was SEBI established?

SEBI was established in 1992 through Securities and Exchange Board of India Act, 1992.