NE BUSINESS BUREAU
MUMBAI, APRIL 2
Continuing its stellar performance, BSE StAR MF, India’s largest and leading Mutual Funds Distributor platform created an all new record for the third consecutive month. BSE Star MF processed over 70.36 lakh transactions amounting to Rs. 24,714 crore, in March 2020 alone. Despite the nationwide pandemic and lockdown, BSE StAR MF has helped AMCs, members and their clients in smooth, automated, paperless transactions, witnessing a 23% hike in transactions as compared to the previous month.
The former highest monthly transaction number achieved was 57.33 lakh transactions in February 2020.
Overall, the platform achieved 5.75 crore transactions in the just-completed financial year 2019-20.
