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SEBI launches ‘Saa₹thi’ mobile app for investor education

The Securities and Exchange Board of India (SEBI) on January 19, 2022, launched Saa ₹thi, a mobile app on investor education. The app will create awareness among investors about basic concepts of the securities market, KYC (Know Your Customer) process, mutual funds, trading and settlement, recent market developments and investor grievance redressal mechanism, among others.

Launching the App, Ajay Tyagi, Chairman, SEBI said, “This mobile App is yet another initiative of SEBI to empower investors with knowledge about the securities market. With the recent surge in individual investors entering the market, and more importantly a large proportion of trading being mobile phone-based, this App will help in accessing relevant information easily. I am sure that in the times to come this App will be popular among the investors especially the youth.”

The App is available in Hindi and English. The Android and iOS versions of the App can be downloaded from the Play Store and App Store respectively.

Meanwhile, to enhance its efforts to protect the interest, promote transparency in markets and increase awareness, trust and confidence among investors, SEBI had published the “Investors’ Charter” for securities markets last year.

Since then, separate investor charters have been developed by SEBI in consultation with the concerned entities regarding investor-related activities of various intermediaries. These separate investor charters have been developed for stock exchanges, depositories, SEBI-registered intermediaries and regulated entities including stockbrokers, asset management companies, depository participants, investment advisors, registrars and transfer agents, research analysts, merchant bankers etc.

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