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BSE StAR MF reaches new highs, processes 26.65 lakh transactions in a single-day

Jan 10th, 2022 7:27 pm | By | Category: LATEST NEWS

Ashishkumar Chauhan

Mumbai, January 10, 2022: BSE StAR MF, India’s largest regulated Exchange-based online Mutual Funds Distribution platform, has created an all-new record.

With all mutual funds and distributors channelising their transactions through online platforms and despite the outbreak of Covid-19, BSE StAR MF has processed 26.65 lakh transactions on 10th January 2022 outdoing its previous best single-day record of 26.52 lakh transactions (on 8th November 2021).

In Dec’21, BSE StAR MF set a record processing 1.73 Cr transaction worth Rs. 39.144 Cr.

The former highest monthly transactions 1.68 Cr was achieved in Nov’21.

Commenting on this, Smt. Snehal Dixit, Business Head-Mutual Funds BSE StAR MF said, “It is indeed great to see that more and more investors are investing in mutual funds through BSE StAR MF platform. It’s a win-win situation for the investors and mutual fund distributors. With immense strength, last 12 years BSE StAR MF platform has been able to consistently perform better as transactions are growing multifold. Consistency in service and in-house technology is the core strength of the Platform.”

Overall, the platform achieved 137% of the transaction within 9 months which is 12.82 Cr. during FY 21-22(Apr – Dec) as compared to 9.38 Cr. transactions during FY 20-21

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