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BSE StAR MF sets a record for second time in a month; processes 30.11 lakh transactions

Apr 18th, 2022 7:27 pm | By | Category: LATEST NEWS


(THE NEWSMAN OF INDIA.COM)
Mumbai, April 18, 2022: Continuing its stellar performance, India’s largest regulated Exchange-based online Mutual Funds Distribution platform, BSE StAR MF, created an all-new record for the second time this month.

With all mutual funds and distributors channelising their transactions through online platforms, BSE StAR MF has registered 30.11 lakh transactions on 18th April 2022 outdoing its previous single-day record of 29.90 lakh transactions (on 11th April 2022).

BSE StAR MF, also set its highest monthly record of 1.97 Cr transaction in Mar’22 as against its previous best of 1.87 Cr transactions in Jan’22.

In FY 21-22 BSE StAR MF has processed 18.47 Cr transactions as compared to 9.38 Cr during FY 20-21.

Commenting on this, Smt. Snehal Dixit, Business Head-Mutual Funds BSE StAR MF said, “Every transaction counts! And this adds value consistently to the journey of BSE StAR MF. The growth in transaction has only been possible because of the increasing participation of investors thereby strengthening mutual fund distribution. We look forward to a robust journey together.”

During the financial year 2021-22, BSE StAR MF has put up 97% growth to reach 18.47 Cr transactions and Rs 81,350 Cr as net equity inflow for mutual funds.

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