BSE StAR MF achieves a new milestone, 1.73 crore transactions processed in the month of December 2021 with turnover of Rs. 39,144 crore

Surpasses its all-time highest monthly record of 1.68 crore transactions in November 2021.

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.

In December 2021, BSE StAR MF set a record processing 1.73 crore transaction worth Rs. 39.144 crore.

The former highest monthly transactions 1.68 Cr was achieved in November 2021.

On November 8, 2021,  BSE StAR MF has processed 26.52 lakh transactions outdoing its previous best single-day record of 24.08 lakh transactions (September 13, 2021).

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

Some of the Key Highlights are:

Turnover:

• For December 2021 it was Rs. 39,144 crore compared to Rs. 37,328 crore on November 21, a growth of 5 per cent.
• For December 2021 it was Rs.39,144 crore compared to Rs. 34,287 crore on December 20, a growth of 14 per cent.
• Turnover for Q3FY22 was Rs. 1,19,780 crore as compared to Rs. 80,540 crore for Q3FY21, increase by 49 per cent.

Net Equity Inflow:

• For December 2021 it was Rs. 6,610 crore compared to Rs. 6,557 crore for November 2021, a growth of 1 per cent.
• For December 2021 it was Rs. 6,610 crore compared to Rs. 973 Cr forDecember 2020..
• Net Equity inflow during Q3FY22 is Rs. 21,081 crore compared to Rs. 2,376 crore for Q3FY21

Transactions:

• For December 2021 it was 1.73 crore as compared to 1.68 crore for November 2021 an increase by 3 per cent.
• For December 2021 it was 1.73 crore as compared to 92.77 lakh for December 2020 an incredible growth of 87 per cent. 
• Transactions during Q3FY22 was 5.07 crore as compared to 2.44 crore during Q3FY21, tremendous growth by 106 per cent.

New SIP Registrations:

• For December 2021 the platform registered 9.01 lakh new SIPs amounting to Rs. 206.37 crore.
• For November 2021 the platform registered 9.06 lakh new SIPs amounting to Rs. 207.91 crore. 

MFD’s:

• Distributor network has seen multi-fold increase to 71,382 (as on December 2021).

BSE StAR MF App (StAR MF Mobility) has processed over 45.13 lakh transactions since its launch, amounting to Rs. 18,069 Cr as on Nov 2021. The app was launched to help Mutual Fund Distributors register clients on real-time basis and execute paperless transactions. Because of the superior support system and distribution reach of BSE StAR MF, the platform has grown exponentially with network of over 71,382 distributors in India.