BSE StAR MF contributed Net Equity Inflow of 49 per cent to the Mutual Fund industry in FY 2021-22

BSE StAR MF processed over 1.96 crore transactions amounting to Rs. 42,976 crore in the month of March, 2022.

Continuing its stellar performance, India's largest regulated Exchange-based online Mutual Funds Distribution platform is moving consistently towards transforming itself into a unique end-to-end-value based platform.

BSE StAR MF contributed Rs. 81,350 crore as Net Equity Inflow during FY 2021-22, which is 49% of the Mutual Fund (MF) Industry’s Net Equity Inflow of Rs. 1,64,404 crore.

BSE StAR MF processed over 1.96 crore transactions amounting to Rs. 42,976 crores in the month of March, 2022. Inspite of the nationwide pandemic and lockdown BSE StAR MF has helped AMCs, members and their clients in smooth paperless transactions.

Overall, the platform achieved 18.47 crore transactions in the financial year 2021-2022.

Some of the Key Highlights are:

Turnover:

• Annual Turnover during FY 21-22 was Rs. 4,54,023 crore.
• For March 2022 was Rs. 42,976 crore, compared to Rs. 41,339 crore on February 2022, an increase of 4 per cent
• For March 2022 was Rs. 42,976 crore, compared to Rs. 31,556 crore on Mar 2021, an incredible growth of 36 per cent
• For Q4 FY21-22 was Rs. 1,22,135 crore as compared to Rs. 91,696 crore for Q4 FY20-21, an excellent increase by 33 per cent

Net Equity Inflow:

• For Mar 2022 it was Rs. 6,860 crore compared to Rs. 7,302 crore  for February 2022.
• For Mar 2022 it was Rs. 6,860 crore compared to Rs. 4,233 crrore for March 2021, an incredible growth of 62 per cent.
• During Q4 of FY 21-22 is Rs. 22,068 crore compared to Rs. 8,079 crore for Q4 FY20-21 an increase of 173 per cent.

Transactions:

• Annual Transactions increased rapidly by 97 per cent from 18.47 crore in FY 21-22 as compared to 9.38 crore in FY 20-21.
• For March 2022 was 1.96 crore an increase of 8 per cent as compared to 1.82 crore for February 2022.
• For March 2022 was 1.96 crore has significantly increased by 79 per cent as compared to 1.10 crore for March 2021.
• For Q4 FY21-22 was 5.65 crore as compared to 2.95 crore for Q4 FY20-21, an excellent increase by 92 per cent.

SIP Book Size:

• StAR MF’s total active SIP book size stands at 1.20 crore as on March 31, 2022
• Platform has registered 2.72 crore SIPs as on March 31, 2022
• For Mar 2022 the platform registered 10.89 lakh new SIPs amounting to Rs 250 crore.
• For Feb 2022 the platform registered 9.07 lakh new SIPs amounting to Rs. 209 crore.

MFD’s: 

• Distributor network has seen multi-fold increase to 72,252 (as on March 2022). 

BSE StAR MF App (StAR MF Mobility) has processed over 56.79 lakh transactions since its launch, amounting to Rs. 20,321 croe till March 2022. 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 72,252 distributors in India