Is people money safe ? Mutual fund shi he, par kiske liye

People invest trusting app and there money is never invested

Acording to a complain raised by a user agains grow app which has ads all over internet to be a good platform for investing but user has raised concern that

He was having SIP and his money was being deducted to be invested in Mutual fund When he tried to sell his Mutual fund he realised that his money was never invested If it is true then all his profits for the months and years is gone and his own money is at risk He could have invested it on some safer place

But If popular plateform like this can't be trusted then what can be ??

Investing is must in today's age

To maintain a high living style people are spending at a rate which is higher than they are really earning. Covid has told this generation that nothing is cetain in life and you might need money on any phase of your life. Recently it has been oberserved that people have started investing their money specially in mutual fund and stock.When people invest 10 rupees today they expected more than 10 rupees tommorow but what if you don't even get back your 10 rupees too. SEBI has rules in place but for some people rules are not rules really and just a formality that always has a loophole. They bend the rule with loopwhole to make money but in that process common man is loosing their money

Is their anything you can do

If you have an account where you are buying stock or mutul fund then keep an eye on CSDL or NSDL mails that mention your portfolio, I know people do ignore it but now time has come to take charge of your money and be active about it. Their is a rule in place but still I will advise you to invest your money and not keep it idle for month in your broker's account.