The Securities and Exchange Board of India, SEBI launched the Saarthi mobile application. The application provides information about security markets. It is highly useful for investors.
About the application
- The application provides explanation about mutual funds, its working, trading and settlement, KYC (Know Your Customer) processes, developments in the market, etc. Also, the application includes grievance redressal mechanism.
- The application uses both Hindi and English. It is available for both iOS and android users. In future, the app will be made available in local languages as well.
Why was the application launched?
Recently, the number of individual investors entering the market is increasing. The app was launched to help these individual investors. Also, the new investors are using smart phones to do trading. Thus, they are being assisted through mobile apps.