On Monday, the capital market regulator Sebi launched a mobile app called ‘Saa₹thi 2.0’ for investors. This app includes several tools that simplify complex financial concepts, making them easy to understand.
According to Sebi, the updated ‘Saa₹thi’ app offers a very user-friendly interface along with its educational features.
Features of ‘Saa₹thi 2.0’
The app includes various financial calculators and modules that inform users about the KYC process, mutual funds, ETFs, buying and selling shares on stock exchanges, investor grievance redressal systems, and online dispute resolution (ODR) platforms.
Additionally, the app is designed to help investors with personal finance planning, offering a series of instructional videos.
Benefits for Young Investors
At the launch event, Anant Narayan G, a Whole Time Member of SEBI, highlighted the importance of having a reliable source of investment information.
He stated, “In today’s times, social media sometimes provides biased or misleading information. There is a vital need for an unbiased, objective, and reliable source of investment information.
The Sarathi app serves this purpose by empowering investors with reliable and necessary information in the securities market.
It can be especially useful for young investors who are about to start their financial journey.”
Available on Android and iOS App Stores
Ananth Narayan also mentioned that the app’s content is dynamic, allowing it to keep up with rapidly evolving market conditions.
Sebi welcomes public suggestions to further enhance and improve the Saa₹thi app.
The ‘Saa₹thi’ app is available for download on both Google Play Store and iOS App Store.
