The Securities and Exchange Board of India (Sebi) unveiled its latest initiative on Monday, debuting the ‘Saa₹thi 2.0’ mobile application tailored to assist investors in navigating the intricacies of personal finance. This launch marks a significant step towards empowering investors with comprehensive tools designed to simplify complex financial concepts.

In a statement released by Sebi, the regulator highlighted that the updated ‘Saa₹thi’ app features a user-friendly interface equipped with a wide array of tools aimed at demystifying intricate financial processes. The app’s enhanced capabilities include financial calculators and modules dedicated to introducing and explaining essential financial concepts such as Know Your Customer (KYC) procedures, mutual funds, Exchange-Traded Funds (ETFs), buying and selling shares on stock exchanges, investor grievances redressal mechanisms, and the Online Dispute Resolution (ODR) platform.

The introduction of Saa₹thi 2.0 underscores Sebi’s commitment to fostering financial literacy and empowering investors with the knowledge and resources needed to make informed decisions in the capital markets. By providing easy access to essential financial information and tools, the app aims to bridge the gap between investors and the complexities of financial markets, ultimately promoting greater participation and confidence among retail investors.

The app’s user-friendly interface and comprehensive features are expected to resonate positively with investors, offering them a convenient platform to enhance their understanding of personal finance and navigate the intricacies of investment decision-making. Through Saa₹thi 2.0, investors can access a wealth of resources and guidance to manage their finances effectively and make informed investment choices tailored to their individual goals and risk profiles.

Sebi’s initiative to launch Saa₹thi 2.0 comes at a time when financial literacy and investor education are increasingly recognized as crucial pillars of a robust and inclusive financial ecosystem. By leveraging technology to deliver personalized financial education and tools, Sebi aims to empower investors across demographics and promote a culture of responsible investing and financial well-being.

As investors embrace the convenience and accessibility offered by Saa₹thi 2.0, Sebi anticipates a positive impact on investor awareness, engagement, and confidence in navigating the dynamic landscape of personal finance and capital markets. The launch of the app reaffirms Sebi’s proactive approach towards investor protection and empowerment, signaling a new era of digital innovation in the realm of financial education and outreach.