BSE StAR MF records a new high with 1.96 crore transactions in March 2022 and 18.47 crore transaction in FY 21-22

During the financial year 2021-22, BSE StAR MF grows 97 per cent to reach 18.47 crore transactions and Rs 81,350 crore net equity inflow for mutual funds

BSE StAR MF, India's largest regulated Exchange-based online Mutual Funds Distribution platform has scaled new highs by recording 1.96 crore monthly transactions, the highest ever on the platform.

The highest monthly recorded transactions was 1.87 crore in January 2022. BSE StAR MF has helped AMCs, members and their clients in smooth, automated, paperless transactions.

In spite of a tumultuous fiscal, BSE StAR MF processed over 18.47 cr. transactions amounting to Rs. 4,54,023 cr in financial year 2021-22, which is 97% growth as compared to 9.38 cr in FY 2020-21. The platform achieved net inflows of Rs. 81,350 cr in FY21-22. Mobile apps added 37.51 lakh transactions with a value of Rs. 9,314 cr in FY21-22.

In the past quarter, Jan to March 2022, BSE StAR MF added 33.14 lakh new SIPs.

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 Q4FY22 was Rs. 1,22,135 crore as compared to Rs. 91,696 crore  for Q4FY21, an excellent increase by 33 per cent.

Net Equity Inflow:

• For March 2022 it was Rs. 6,860 crore compared to Rs. 7,302 crore for Feb 2022
• For March 2022 it was Rs. 6,860 crore compared to Rs. 4,233 crore 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 FY21 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 22 was 1.96 crore an increase of 8 per cent as compared to 1.82 crore for February 2022.
• For March 22 was 1.96 crore has significantly increased by 79 per cent as compared to 1.10 crore for March 2021.

SIP Book Size:

• StAR MF’s total active SIP book size stands at 1.20 crore as on date.
• Platform has registered 2.72 crore SIPs as on date.
• For March 2022 the platform registered 10.89 lakh new SIPs amounting to Rs 250 crore.
• For February 22 the platform registered 9.07 lakh new SIPs amounting to Rs 209 crore.

MFDs: 

• Distributor network has seen multi-fold increase to 72,254 (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 crore as on 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 72,254 distributors in India