NE NEWS SERVICE
MUMBAI, FEB 1
Continuing its stellar performance, BSE StAR MF, India’s largest Mutual Funds Distributor platform, has processed above 54.43 lakh transactions in January 2020 amounting to Rs.16,235 Cr. The previous best was 49.60 lakh transactions in December 2019. Overall, the platform has surpassed 4.47 crore transactions in the current financial year from April 2019 to January 2020.
The platform has also registered 2.98 lakh new SIPs amounting to Rs 83.74 crore till January 31, 2020, current StAR MF SIP book size is 35.68 lakhs amounting Rs 1,025.85 crore.
BSE StAR MF app (StAR MF Mobility) has processed over 2.26 lakh transactions since its launch, amounting to Rs 2,181.50 crore.