This document discusses SMART investment, which refers to online or internet-based investing that allows direct order placement without brokers or intermediaries. It provides examples of areas where SMART investing is popular in India, such as mutual funds, insurance, and stock trading. The document also outlines the benefits of SMART investing for both investors and the economy, such as lower costs, greater returns, and increased GDP. It concludes by noting recent trends that indicate growing SMART investment in India, including new online investment portals and reforms to KYC procedures.