NE NEWS SERVICE
MUMBAI, DECEMBER 14
BSE StAR MF, which was launched in 2009, has now clocked 10.19 cr transactions worth Rs. 5,25,714 crore. The platform has been consistently outperforming with good number of orders, new registrations and SIPs. BSE StAR MF has managed to achieve 26 per cent of Equity net inflow to mutual funds for the current fiscal period. More than 42% of new financial transactions in the mutual funds industry is contributed by BSE StAR MF with over
55,000 distributors already registered on the platform.
The platform has already set up a new transactional benchmark of processing 46.76L transactions in the month of October 2019 and 8.56L as on August 13, 2019 and 7.62L as on June 10, 2019 transactions/day.
