Flow of the presentation: * Reason of the dispute * Role & concepts of
SEBI
IRDA
ULIP
Mutual Fund * Difference between Mutual funds & ULIP * Complete story * Effects of dispute * news updates * opinion
Presented by: Roll no.
Supriya Sawant 17
Kena Shah 28
Komal Shah 29
Niriksha Shah 32
Mitesh Sheth 41
Aniket Vanjre 55
Naveen Varma 58
Securities & Exchange Board of India
SEBI & Its Objectives: * SEBI is the regulatory authority in India established under section 3 of SEBI act 1992. SEBI act 1992 provides for establishment of Securities & Exchange Board of India (SEBI) with statutory powers for a) protecting the interest of investors in securities. b) promoting the development of securities market and, c) regulating the securities market.
Why do we need a regulatory body for Investor protection in India? * India is an ` informationally ' weak market * Boosting capital market demands restoring the confidence of lay investors who have been beaten down by repeated scams * Progressively softening interest rates and an underperforming economy have eroded investment options, and require enhanced investing skills.
Functions of SEBI :
A) Review of the market operations, organizational structure and administrative control of the exchange - All stock exchanges are required to be Body Corporates - The exchange provides a fair, equitable and growing market to investors. - The exchange’s organisation, systems and practices are in accordance with the Securities Contracts (Regulation) Act (SC(R) Act), 1956
B) Registration And Regulation Of Mutual Funds, Venture Capital Funds & Collective Investment Schemes * AMFI-Self Regulatory Organization-'promoting and protecting the interest of mutual funds and their unit-holders, increasing public awareness of mutual funds, and serving the