The Securities and Exchange Board of India (SEBI) has launched a new mobile app called ‘SaaRsthi’ for personal finance investors.
This app is user-friendly and helps investors understand complex financial concepts in a simple way, according to SEBI’s release.
The app includes financial calculators and offers analytics on KYC processes, mutual funds, ETFs, buying and selling shares on stock exchanges, investor grievance redressal, and an online dispute resolution (ODR) platform.
Additionally, the app features a range of videos to assist investors in their personal finance planning.
During the launch, Shri Ananth Narayan G, Whole Time Member, 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 SaaRsthi 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 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 SaaRsthi app, ensuring it continues to serve our investors.”
The “SaaRsthi” app will be available for download on both the Google Play Store and the iOS App Store.
SEBI has implemented various measures to protect investors and help them understand investing complexities. One such initiative is the SCORES Complaints Redress System (SCORES). This web-based platform allows investors to file grievances against SEBI-regulated entities, including listed companies, registered intermediaries, and market infrastructure institutions.
