BSE StAR MF processes over 5 lakh orders
Mumbai: BSE StAR MF distribution platform, the largest distribution framework for Indian Mutual Fund, today received over 5 lakh orders, a record high for a day. The total value of these orders is over Rs 700 crores.
BSE StAR MF added 2.65 lacs new SIP in July 2018, nearly 26% of total added to MF industry.
History created!! Over 5 lakh transactions in a single day on BSE StAR MF, India’s largest online Mutual Fund platform. pic.twitter.com/fD8FMkE1is
— BSE India (@BSEIndia) August 10, 2018
BSE StAR MF has experienced a growth of over 540 % in last 2 years for the same period. The BSE StAR MF exchange infrastructure is predominately catering to retail category of mutual funds industry i.e. 26 % in terms of transactions and over 40 % in terms of value of transactions.