Bombay Stock Exchange’s (BSE) newly-launched BSE StAR MF app has processed over 10,000 transactions in a month from May 15 - June 15, 2019, amounting to Rs 101 crore. The app was launched to help the IFAs (Independent Financial Advisors) to register clients on real-time basis and execute paperless transactions.
The self-explanatory and easy to transact app creates and uploads mandate for SIPs, generates the basket of multiple of orders, tracks and allows the distributor to analyse his business on the go.
BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).