What happens to your investments if Stock Broker or Mutual Fund House SHUTS DOWN?

Worried about your investments if your stock broker shuts down? In this video, I'm going to explain what happens in such a situation and provide you with practical tips on how to protect your investments. Attention all investors - don't miss out on this important information!

What Happens If Stockbroker Shuts Down?
What Happens When an AMC or Fund House Closes?

This is what will be addressed in this video, what happens to our investments if your stock broker or AMC or Fund House closes.

Is stock investing safe?
Is mutual fund investing really safe?

In summary
All stocks and shares are safe in electronic form at their depositories. The broker cannot touch them.
Stocks and shares reside in electronic form at the Central Depository Services (India) Limited (CDSL) and the National Securities Depository Limited (NSDL).
Mutual fund units reside at asset management companies (AMCs).
If your AMC shuts down, don’t worry. Mergers might boost the fund’s performance, so stay invested and observe its growth. If you feel it is underperforming, you can always sell your units.
Brokers are intermediaries; they cannot operate your trading account without your consent. In addition, they cannot use funds from your account for their purposes.
If a broker shuts down, you need to apply for compensation for your trading account with the Investor Protection Fund set up by SEBI
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