BSE StAR MF reaches new highs; processes 29.90 lakh transactions in a single day on April 11, 2022

Outshines former highest single-day record of 26.65 lakh transactions

Continuing its stellar performance, India's largest regulated Exchange-based online Mutual Funds Distribution platform created an all-new record.

With all mutual funds and distributors channelising their transactions through online platforms, BSE StAR MF has registered 29.90 lakh transactions on 11th April 2022 outdoing its previous single-day record of 26.65 lakh transactions (on 10th January 2022) a remarkable growth by 12 per cent.

BSE StAR MF, also set its highest monthly record of 1.97 crore transaction in Mar 2022 as against its previous best of 1.87 crore transactions in January 2022.

In FY 21-22 BSE StAR MF has processed 18.47 crore transactions as compared to 9.38 crore during FY 20-21.

Commenting on this, Smt. Snehal Dixit, Business Head-Mutual Funds BSE StAR MF said, “Reaching new heights by adding many more transactions is possible since mutual fund has become a product of the masses, due to simplicity and diversification of different asset classes it is occupying mindshare of investors of all ages. Distribution is spreading due to digitisation, area and the scope for distributors which is increasing with new investors entering the MF market. There would be interesting times ahead for BSE StAR MF platform which is poised to grow with opportunities. We wish distributors and all participants a great journey ahead."