Media Release
BSE StAR Mutual Fund Processes Record Order in single day
Mumbai: Tuesday, March 28, 2016: Today BSE’s mutual fund distribution platform BSE StAR MF has processed more than 81,000 orders worth Rs. 270 crore - a record high for a day.
On 23rd March 2016 BSE's Mutual funds platform -"BSE StAR MF" received mutual funds orders worth Rs. 1048 crores, a milestone unmatched by any similar online platform.
BSE StAR MF has already processed over 32.65 lac orders, amounting to over Rs. 43,000 crs in the current financial year (i.e. 1st April '15 till 28th March ’16).
BSE StAR MF is the only MF platform in the Industry with multiple modes of funds and mutual fund unit settlement, both in demat as well as in non-demat mode. It is also the only platform with switch facility in demat as well as in non-demat mode.
BSE, in the very recent past had also introduced a host of new features on ease of transactions pertaining to:
ü Enabling all modes of payment collections including cheque collection facility.
ü SMS / Email based order authentication
ü Multiple modes of BSE StAR MF platform accessibility
ü A unique overnight investments framework designed to work even while the investor sleeps.
ü 2 minute SIP creation facility
ü Completely digital and REAL Time Investors registration onto BSE StAR MF platform?
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Contact:
Yatin Padia / Deepika Shetty
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