The SaaRthi App is a comprehensive tool designed to offer insights into the fundamental concepts of Securities Market, KYC Process, trading procedures, mutual funds, recent market trends, and the process of investor grievances redressal.
Recent Developments: The Securities and Exchange Board of India (SEBI) has recently launched the SaaRthi mobile app, aiming to equip investors with comprehensive knowledge about the securities market.
This topic, the "SaaRthi App", holds significant importance from a current affairs standpoint.
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The SaaRthi App is a SEBI initiative designed to empower investors with extensive knowledge about the securities market.
The App is available in both Hindi and English languages.
The App can be downloaded from the Play Store for Android users and the App Store for iOS users.
The app features valuable information on the types of schemes, investment methods, usage of riskometer, and more.
Why SaaRthi App?
With the recent increase in individual investors in the market, and the growing trend of mobile-based trading, this App serves as a reliable source for accessing relevant information.
An SBI report suggests a significant rise in retail investor's participation in Indian stock markets in recent years. There has been an increase of 142 lakh individual investors in the market in FY21, with 122.5 lakh new accounts at CDSL and 19.7 lakh in NSDL.
According to NSE data, the share of individual investors in the total turnover on the stock exchange has increased from 39% to 45% in March 2020.
The Securities Market is a network where securities are bought, sold, and transferred among investors.
Securities are financial instruments that are issued to raise funds.
The primary purpose of the securities markets is to enable the flow of capital from those who have it to those who need it.
They facilitate the transfer of resources from those with surplus resources to those who have a productive need for them.
Securities markets provide channels for the allocation of savings to investments, thereby decoupling these two activities.
The securities market has two interdependent and inseparable segments, the primary market, and the secondary market.
What is the Primary Market?
The Primary Market facilitates the procurement of long-term funds by companies through the fresh issue of shares and debentures.
What is the Secondary Market?
The Secondary Market, also known as the stock exchange, facilitates trading in already-issued securities, enabling investors to exit from an investment.
The Securities and Exchange Board of India (SEBI) was established as a non-statutory body on April 12, 1988, through a resolution of the Government of India. It handles all matters related to the development and regulation of the securities market and investor protection.
SEBI was given statutory status and powers through an Ordinance promulgated on January 30, 1992, and was established as a statutory body on February 21, 1992.
SEBI's primary objective is to protect the interests of investors and to promote the development of and regulate the securities market.
It regulates stock exchanges and the securities industry to promote their orderly functioning.
It protects the rights and interests of investors, particularly individual investors, and guides and educates them.
It prevents trading malpractices and maintains a balance between self-regulation by the securities industry and its statutory regulation.
It regulates and develops a code of conduct and fair practices by intermediaries like brokers, merchant bankers, etc., with a view to making them competitive and professional.
Saarthi, an investor awareness application, is developed and maintained by Securities Exchange and Board of India (SEBI) to create awareness about the securities market among existing and prospective investors.
Is SEBI a statutory body?
SEBI was given statutory status and powers through an Ordinance promulgated on January 30, 1992. It was established as a statutory body on February 21, 1992.
How to download Saarthi app?
Saarthi App is available for downloading on both Play Store and App Store.