Certificate Course in the Legal Rights of Investors: Shares, Mutual Funds, Insurance and Fraud Protection

Millions of Indian families now hold shares, mutual funds, insurance policies, bank deposits and pension accounts, but very few know what the law gives them when something goes wrong. Dividends lie unclaimed for years and move to a government fund; a nominee claims a parent’s shares as his own; a broker shuts down; a bank sells a ten-year insurance plan as a deposit; a WhatsApp group and a fake trading app empty a savings account. Each problem has a legal answer: a right, a forum, a time limit and a set of documents. This course teaches those answers in plain language for ordinary investors and their families. It is about rights, protections and remedies. It does not give investment advice, recommend any share, fund or policy, or predict returns.

What you will learn

• Which regulator handles what (SEBI, RBI, IRDAI, PFRDA) and the complaint ladder from the entity to the regulator, ombudsman and courts
• How demat and trading accounts work and the safeguards that protect you: nomination under SEBI’s 2026 rules, DDPI, two-factor login, voluntary account freezing, @valid UPI handles and SEBI Check
• What happens if a broker defaults, and how the stock exchange Investor Protection Fund works
• Mutual fund rights: scheme documents, the riskometer, exit loads, direct plans, and the difference between a distributor and a SEBI-registered investment adviser
• IPO applications through ASBA and UPI, T+3 listing, and compensation for ASBA failures
• How to file and escalate on SEBI SCORES 2.0 and use Online Dispute Resolution on the SMART ODR portal
• How to reclaim unclaimed dividends and shares from the IEPF with the revised Form IEPF-5, transmission after a death (nominee versus legal heir, Shakti Yezdani 2023), insurance free-look and Ombudsman rights, and DICGC deposit cover
• How to spot and respond to investment frauds (fake apps, tips groups, finfluencers, Ponzi schemes under the BUDS Act 2019), with checklists and model complaint formats

Who this course is for

Retail investors and their families in India: first-time investors, people managing an elderly parent’s investments or sorting them out after a death, policyholders who suspect mis-selling, anyone approached by a tips group or a scheme promising unusual returns, and students who want a practical grasp of investor protection. No legal or financial background is needed.

How the course works

6 modules and 18 self-paced text lessons with worked examples from Indian cities, each ending with key takeaways. Each module ends with a 5-question quiz. The final module gives you three action checklists and seven model complaint formats you can adapt.

How the certificate works

• Final test of 30 multiple-choice questions, mostly practical scenarios
• 45 minutes, pass mark 60%, retry allowed
• Certificate with a unique ID, verifiable online at lexfolio.in/verify-certificate/
• This is a certificate of completion issued by Lexfolio, not a degree, diploma or professional qualification, and not a licence to give investment advice

This course is for education and general information, not legal or investment advice for a specific case. Law and regulatory position as on 31 October 2026. Regulators revise circulars and limits often; check the regulator’s website before acting.

Access: after payment, open My account > Courses and start learning. Lifetime access.