NSE conducts 1,550 IAPs in 2015; benefits 1 lakh investors

New Delhi: To spread financial literacy in India, leading bourse National Stock Exchange(NSE) has organised about 1,550 investor awareness programmes this year, benefiting more than one lakh people. In comparison, 1,138 such programmes were organised in the past year.

According to an estimate, more than one lakh people participated in investor awareness programmes (IAPs) held in 2015, a jump of 25 percent from the 80,000 participation recorded in the preceding year.

"The number of awareness programmes has seen a substantial jump in this year from 1,138 in 2014 to about 1,550," NSE said in a statement. Such IAPs covered almost all states and union territories in the country. "During these IAPs, investors were advised on the steps they should take, to ensure that their interests are protected.

They were given guidance on how to trade cautiously, not to get misled by market rumours and invest according to a plan," the exchange said. "Investors were also educated on the precautions they should take before, during and after trading," it added. Different grievance handling mechanisms were also discussed with investors, so that they can get their complaints resolved at an early stage.

It is believed that such awareness programmes will help investors to strategise their investments in relatively well researched, small ticket and low cost products like ETFs (Exchange Traded Funds) that are ideally suited for long term retail investors.