SEBI launches ‘Saarthi 2.0’, here investors will get answers to every question
Mumbai: Again a strong step has been taken for the convenience of common investors. Capital market regulator SEBI has launched ‘Saarthi 2.0’, a mobile app on personal finance for investors. Generally financial terms are very complex. In this app, measures have been taken to explain such concepts in an easy way.
What has SEBI said?
The updated ‘Sarthi’ app has been made easier for users, Securities and Exchange Board of India (SEBI) said in the statement. It contains a wide range of measures aimed at simplifying complex financial concepts.
These features will be available in the app
Financial ‘calculator’ has been included in this updated app of SEBI. It offers KYC procedures, analysis of mutual funds, ETFs, buying and selling of shares in share markets, investor grievance redressal mechanism and online dispute resolution (ODR) platform. Additionally, there are a number of videos available on the app designed to assist investors in their personal finance planning.
Investors need reliable sources
Ananth Narayan, whole time member of SEBI. Speaking on the occasion, he said, in today’s times, where social media sometimes provides biased or misleading information, there is a need for an unbiased and reliable source of investment information. He said, Saa₹thi App (Saa₹thi 2.0) empowers investors with reliable and essential information about the securities market. This app can be especially useful for young investors who are just starting their financial journey.
How to download
“There are systems in place within the app that allow us to keep pace with rapidly evolving market conditions at the content level,” Narayan said. He seeks public suggestions to further improve the Sarathi app. If you also want to download Saarthi App, then you can download it from Google Play Store for Android phones and from iOS App Store for iPhone people.
