BSE share price jumps by more than 11 per cent intraday; BSE StAR MF achieves positive inflow for November

BSE StAR MF has achieved a positive net equity inflow of Rs 370 crore for the month of November 2020. On the contrary, the industry experienced an outflow of Rs 12,917 crore during the same month.

Since April 2020, BSE StAR MF has achieved a net equity inflow of around Rs 13,022 crore while the industry has posted a net equity inflow of Rs 1,771 crore from the beginning of FY21 till the end of November 2020.

BSE StAR MF is India's largest mutual funds distributor platform, which focusses on consistently transforming itself into a unique end-to-end value-based platform. It had previously reported a net equity inflow of Rs 1,033 crore in October 2020 when the industry reported an outflow of Rs 2,725 for the same month. In September 2020, its net equity inflow stood at Rs 1,488 crore while the industry outflow was reported at Rs 734 crore.

During the recent period of pandemic and subsequently imposed nationwide lockdowns, BSE StAR MF has helped AMCs, members as well as their clients in smooth paperless transactions.