MD Nasir is a famous entrepreneur and CEO of Baap of Chart. He has been a trader who has guided several new traders in the market. Here we will discuss, Is Baap of Chart is Fraud? Why does Sebi bar him? Also, know some other interesting things about him like his net worth and wealth. His business assures a good return from trading. This article will share details about how MD reached where he is today. So if you want to know more, keep reading with us.
Who is MD Nasir? Baap of Chart Founder Biography
MD Nasir is a famous entrepreneur, who has built his business by the name, of Bapp of Charts. He started from a poor background where he did not have enough money to fulfill his dreams. He has always been a passionate individual who loves exploring new things in his life. MD Nasir is one of the biggest influencers in the stock market and finance category in India. He has a huge fan following because of his skills and predictions. Now he is going viral on social media because of getting strict action by SEBI. As per the news, SEBI bars him due to several rules.
MD Nasir Biography:
Name: MD Nasir
Profession: Influencer, YouTuber
Known For: Baap of Chart Owner
Net Worth Of MD Nasir
Md. Nasir is said to be having a net worth of Rs. 41.6 Crores. This is an estimated net worth that is close to the real net worth. He is one of the richest influencers in the finance niche. He went into te headlines after the SEBI bars due to the recent strict rules for Finfluencers on the Internet. We don’t have details about his exact net worth yet. We will update you as soon as we get to know more about it. Stay tuned for more information.
MD Nasir Success Story
Nasir started his business when he was doing a job in a company. He was born and brought up in Jharkhand. Nasir’s father was a rickshaw puller and conditions were poor at that time. He started trading on an individual basis but did not have enough guidance. He learned it himself and started implementing it every day. After some time, he decided to teach people about trading. Nasir founded Bapp Of Charts, with an idea to teach trading to new people. The platform says that they can assure returns to learning traders on their platform. After some time, the company was said to be facing a loss of Rs. 3 Crores. Let us have a look at the current situation of the company.
Why Sebi Bar Baap Of Charts?
Baap Of Charts is said to lose around Rs. 3 Crores. The loss is said to be incurred in the period of 2.5 years which was from January 2021 to July 2023. It is being said that the money earned from new traders for teaching them was Rs 17 Crores from which, Nasir decided to trade Rs. 3 Crores. he had a loss of Rs. 25lakhs from his Angel one account and Rs. 2.64 Crores from Zerodha account. Sebi has asked the company to return the money as they were not properly registered firms to teach trading to anyone.