Listen to this article
SEBI has upgraded its personal financing mobile app for investors ‘Saa₹thi2.0’.
The updated app includes financial calculators through which investors can calculate future value of investments, SIP returns, regular income and so on.
The app also comprises modules that introduce and explain KYC procedures, mutual funds, ETFs, buying and selling shares on stock exchanges and investor grievances redressal mechanism.
Additionally, the app features a range of videos designed to assist investors in their personal finance planning.
In a press release, Ananth Narayan G, Whole Time Member, SEBI said, “In today’s era, where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information. The Saa₹thi app 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 also added, “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.”
