mumbai, Aug. 23 -- Minuscule direct spending from the market regulator's swelling corpus meant for investor education and protection has triggered calls for a sharp shift in strategy, particularly targeting first-time investors and countering misinformation from financial influencers. The Securities and Exchange Board of India's (Sebi) Investor Protection and Education Fund (IPEF) saw its corpus jump nearly 43% in FY25, from Rs.533 crore in FY24 to Rs.761 crore. Yet, direct deployment remained stagnant at Rs.2.7 crore. This growing gulf between the fund's size and spending has renewed calls for Sebi to shift from event-led awareness drives to outcome-focused deployment. A Sebi official, however, pointed out that the regulator also spends mo...