BSE StAR MF processed over 3.6 lakh orders on a single day

Mumbai, February 13, 2018: India’s largest mutual funds distribution infrastructure has processed a record 3.6 lakh transactions on a single day on 12thFebruary 2018, 750 crore worth of transactions.

BSE StAR MF added 1.6 lacs new SIP in January 2018. Total of 1540 members participated. The platform has processed over 1 lakh transactions on 8 occasions in the month of February 2018.

BSE StAR MF has experienced a overall growth of over 565 % and in terms of SIPs registered on BSE StAR MF has experienced a growth of over 800 % in last 2 years for the same period. The BSE StAR MF exchange infrastructure is predominately catering to retail category of mutual funds industry i.e. 99.73% in terms of transactions and over 76% in terms of value of transactions.

BSE StAR MF now has more than 200,000 IFAs, brokers, broker branches and associates on its network in over 3000 cities and towns across India. Almost all the top distribu