SaaRthi App by SEBI

SEBI has initiated a "Saarthi" mobile app that provides investors with knowledge about the securities market. The SaaRthi App aims to raise investor awareness of basic concepts such as securities market, KYC process, transactions and settlements, investment trusts, recent market trends, and investor complaint mechanisms.

The mobile app is another SEBI initiative to educate investors about the securities market, SEBI Chairman Shri Ajay Tyagi said at the time of the app's launch. With more private investors entering the market these days and, more importantly, the majority of transactions are mobile-based, this app helps with easy access to relevant information, Shri Ajay Tyagi Tyagi added. He also added that in the future the app will be popular with investors, especially young investors.

Features of the SaaRthi App

The SaaRthi App is a SEBI initiative with views to provide investors with knowledge about the securities market. The app is available to both Android and Apple users and is available in Hindi and English.

The app contains information about system types, investment opportunities, risk gauge usage, and more. With the recent increase in private investors entering the market and, more importantly, the majority of mobile-based transactions, this app helps to easily access relevant information.

About the Stock Market

The market where securities are issued, purchased by investors, and transferred between investors is called the stock market. Security is a financial product issued to raise funds. The main function of the securities market is to enable the flow of capital from those who have it to those who need it. The securities market helps transfer resources from those who have undeveloped resources to those who need them productively. The securities market provides a channel for matching savings and investment, thereby separating these two activities.

The securities market has two interdependent and inseparable segments -

• Primary Market
• Secondary Market

About SEBI

1. The Securities and Exchange Board of India was established on April 12, 1988, by a resolution of the Government of India as a non-statutory body to address and advise on all issues related to the securities market and the protection of investors.
2. SEBI was given legal status and authority by the regulations passed on January 30, 1992. SEBI was established on February 21, 1992, as a legal entity under public law. The ordinance was replaced by Parliamentary Act on April 4, 1992.
3. The overall purpose of SEBI is to promote the development, and regulation of the securities market, protect the interests of investors, especially individual investors, and provide advice and information.
4. It regulates stock exchanges and securities for proper functioning.
5. It protects the rights and interests of investors, prevents trade abuse, and balances the securities industry's self-regulation with its legal regulations.
6. It regulates and develops codes of conduct and fair practices for intermediaries such as brokers and merchant banks to make them competitive and professional.

What does the SaaRthi App mean?

Recently, SEBI has released the SaaRthi Application, an investor education mobile app. "R" stands for "₹". The purpose is to make investors sensitive to the basic concepts of the securities market. The app also describes the KYC process, transactions and settlements, investment trusts (MFs), recent market trends, investor complaint relief mechanisms, and more.

Importantly, the majority of transactions are mobile-based. According to NSE (National Stock Exchange) data - India's largest financial market, the share of private investors increased from 39% in 2020 to 45% in 2021.

FAQs on SaaRthi App

Q.1. What is a SaaRthi App?

The SaaRthi App provides a description of investment trusts, how they work, how they are traded and settled, the Know Your Customer (KYC) process, market development, and more. The application is available in Hindi and English, to both Android and Apple users, and also includes a complaint mechanism. In the future, the app will also be available in Japanese.

Q.2. Why was the SaaRthi App launched?

There has been a massive influx of investors lately in the market. People prefer trading on their smartphones. The SaaRthi App was launched to assist these individual investors and new entrants.

Q.3. What is the security market for the SaaRthi App?

The securities market for the SaaRthi App is the market where securities are bought and sold. Collateral is just a guarantee. If the parties do not repay, the collateral will expire. Simply put, securities are financial or investment instruments that can be traded to raise capital in the public and private markets.

Q.4. Is SEBI a legal entity under public law that created the SaaRthi App?

SEBI, the approver of the SaaRthi App, was established on 21st February 1992 as a statutory body and has been given legal status and authority by a rule passed on January 30, 1992.

Q.5. How can you download the SaaRthi App?

SaaRthi App can be easily downloaded on Android through Playstore and on iOS through App Store.