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SEBI unveils Saa₹thi 2.0 mobile app for investors

Hyderabad: SEBI, the Securities and Exchange Board of India, introduced the Saa₹thi 2.0 mobile app designed specifically for investors to manage their personal finances more effectively.

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4 Jun 2024 8:28 AM GMT

Launched at SEBI Bhavan in Mumbai, the app offers a user-friendly interface and a wide range of tools aimed at simplifying complex financial concepts.

One of the standout features of Saa₹thi 2.0 is its collection of educative videos, which assist investors in understanding and planning their financial strategies.

The app covers various important topics, including KYC procedures, share trading, mutual funds, ETFs, and mechanisms for addressing investor grievances.

The Whole Time Member, SEBI, Ananth Narayan G, speaking on the occasion said “In today’s era, where social media sometimesprovides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information. The Saa₹thiapp serves this purpose by empowering investors with reliable and essential insights into the securities market. This tool can be especially useful for young investors who are at the beginning of their financial journey.

He further stated that, “The content within the app is dynamic, allowing us to keep pace with the rapidly evolving market conditions. We actively seek public suggestions to further refine and enhance the Saa₹thi app, ensuring it continues to serve our investors.”

With an aim of reaching a broad audience, the Saa₹thi 2.0 app is available for download on both the Google Play Store and the iOS App Store.

This move ensures accessibility to users across different platforms, facilitating greater engagement and participation in financial planning and investment activities.

SEBI Securities and Exchange Board of India Mumbai KYC procedures share trading mutual funds ETFs mechanisms 
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