BSE StAR MF Processed Record of 2.67 Crore Transactions in March 2023
Annual transactions rose 43% to 26.45 Cr valued at Rs. 4.35 lakh Cr in FY22-23
Mumbai, March 31, 2023: The BSE StAR MF platform posted 2.67 Cr transactions in March 2023, setting a record for number of monthly transactions processed.
Some of the Key Highlights are:
· Annual transactions rose 43% to 26.45 Cr valued at Rs. 4.35 lakh Cr in FY23
· Quarterly transactions rose 37% in Q4 FY 23 at 7.73 Cr vs 5.65 Cr for Q4 FY 22
· Monthly transactions rose 36% on Mar’23 to 2.67 Cr vs 1.96 Cr for Mar’22
· StAR MF’s total active SIP book size stands at 1.96 Cr as on 31st March 2023
BSE StAR MF is India's largest regulated Exchange-based online Mutual Funds Distribution platform with all Asset management Companies (AMCs) and majority Mutual Fund Distributors/RIAs preferring online transactions.
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
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