Monday, July 15, 2024

SEBI Launches Saa₹thi 2.0 Mobile App for Personal Finance

Share post:

The Securities and Exchange Board of India (SEBI) has launched an updated version of its mobile app, ‘Saa₹thi 2.0’, aimed at helping investors with their personal finance. This app includes a variety of tools designed to make understanding complex financial concepts easier.

Key Features of Saa₹thi 2.0

The ‘Saa₹thi 2.0’ app offers a user-friendly interface and comprehensive tools that simplify complex financial topics. The app includes financial calculators and educational modules covering key areas such as KYC procedures, mutual funds, ETFs, and buying and selling shares on stock exchanges. It also provides information on investor grievance redressal mechanisms and the Online Dispute Resolution (ODR) platform.

Additionally, the app features a range of videos to help investors with personal finance planning. These resources are intended to provide reliable and essential insights into the securities market, which can be especially beneficial for young investors starting their financial journey.

SEBI Launches Saa₹thi 2.0 Mobile App for Personal Finance, SEBI Building in image.

SEBI’s Commitment to Investor

Ananth Narayan G, Whole Time Member of SEBI, highlighted the importance of unbiased and objective investment information in today’s era of social media, where misinformation can be common. “The Saa₹thi app serves this purpose by empowering investors with trustworthy insights into the securities market,” he said during the launch event.

He also mentioned that the content within the app is dynamic and will be updated to keep pace with the rapidly evolving market conditions. SEBI is actively seeking public suggestions to further refine and enhance the Saa₹thi app to ensure it continues to serve investors effectively.

New App Accessibility

The ‘Saa₹thi’ app is available for download on both the Google Play Store and the iOS App Store, making it accessible to a wide range of users.

With the launch of Saa₹thi 2.0, SEBI aims to provide a reliable and user-friendly resource for investors to manage their personal finances more effectively. This initiative underscores SEBI’s commitment to investor education and empowerment, ensuring that individuals have access to accurate and helpful financial information. The app’s dynamic content and comprehensive tools are designed to meet the needs of investors in an ever-changing financial landscape.

Related articles