Under the Stockbrokers insurance policy, the limit of indemnity or the maximum amount payable in the event of a claim is
Stockbroker
Rs.5,00,000 per registered stockbroker and
Rs.1,00,00,000 for all registered members / stockbrokers for the entire policy period
Joint Stock companies
Rs.10,000 per shareholder
Rs.10,00,000 for the entire policy period
Mutual Funds
Rs.20,000 per certificate holder
Rs.20,00,000 limit for the entire policy period
Avdhoot Investment
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