SEBI Launches Saathi 2.0 Personal Finance App for Investors
SEBI, the Securities and Exchange Board of India, has launched “Saathi 2.0,” a mobile app designed to provide comprehensive tools for simplifying complex financial concepts and empowering investors with reliable information. The app features modules on various financial aspects like KYC procedures, mutual funds, ETFs, buying and selling shares, investor grievances redressal, and an Online Dispute Resolution platform. It also offers educational videos to assist investors in their personal finance planning.
The updated Saathi app introduces a user-friendly interface along with comprehensive tools aimed at simplifying complex financial concepts. It includes financial calculators and modules that introduce and explain various aspects of personal finance, such as KYC procedures, mutual funds, ETFs, and more.
Ananth Narayan G, Whole Time Member of SEBI, highlighted the importance of providing unbiased and objective investment information, especially in an era where social media can sometimes be misleading. The Saathi app aims to empower investors with reliable insights into the securities market, catering especially to young investors who are embarking on their financial journey.
The content within the Saathi app is dynamic, allowing it to adapt to rapidly evolving market conditions. SEBI actively seeks public suggestions to further refine and enhance the app, ensuring it continues to serve investors effectively.
The Saathi app is available for download on both Google Play Store and the iOS App Store, making it accessible to a wide range of investors. Its user-friendly interface and comprehensive tools make it a valuable resource for anyone looking to enhance their understanding of personal finance and navigate the securities market more effectively.
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