Beware of schemes with abnormal returns: SEBI
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The market regulator, Securities Exchange Board of India (SEBI) has cautioned the youth against falling for any scheme promising abnormal returns, reported a national news agency on Monday.
"Instead of going through allurement, investors are advised to go through terms and conditions of the scheme carefully before investing," said Surya Kant Sharma, SEBI DGM, while delivering his keynote address at a seminar. He stressed on proper investment and protection of investors from frauds.
Sharma advised to keep details of schemes and agents for future reference, cautioning them against fraudulent investment operation to avert any financial loss.
The official also explained various government programmes, including Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Sukanya Samridhi Scheme. He asked participants of the seminar to opt for Atal Pension Scheme. #casansaar(Source - SEBI, IndiaInfoline)
"Instead of going through allurement, investors are advised to go through terms and conditions of the scheme carefully before investing," said Surya Kant Sharma, SEBI DGM, while delivering his keynote address at a seminar. He stressed on proper investment and protection of investors from frauds.
Sharma advised to keep details of schemes and agents for future reference, cautioning them against fraudulent investment operation to avert any financial loss.
The official also explained various government programmes, including Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Sukanya Samridhi Scheme. He asked participants of the seminar to opt for Atal Pension Scheme. #casansaar(Source - SEBI, IndiaInfoline)
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