BSE StAR MF clocks 37.85L transactions in March; registers 111% growth in FY2018-19
Mumbai, April 01, 2019: Continuing its stellar performance, BSE StAR MF, India’s largest Mutual Funds Distributor platform, has processed 37.85 lakh transactions in March 2019. The previous best was 34.45 lakh transactions in January 2019. With this, BSE has not only crossed highest-ever transactions in a month but has also clocked over 1 crore transactions for the quarter, January to March 2019.
In FY2018-19, BSE StAR MF crossed 3.59 crore transactions witnessing 111% growth as compared to 1.70 crore transactions in FY2017-18. The platform also registered 15,000 new independent financial advisors in FY2018-19, taking the total number of distributors to over 23,000 on the platform.
Overall, the superior support system and distribution reach of BSE StAR MF is enabling the platform to grow exponentially with over 23,000 registered distributors in India.
