Bombay Stock Exchange’s (BSE) mutual fund distribution platform StAR MF has processed a record 1.6 crore transactions worth Rs 42,927 crore in October. It surpassed its all-time highest monthly record of 1.52 crore transactions achieved in September. Overall, the platform achieved 9.4 crore transactions in the first seven months (April-October) of the current financial year as compared to 9.38 crore transactions in the entire 2020-21.
Besides, the platform registered 9.16 lakh new systematic investment plans (SIPs) amounting to Rs 208.55 crore in October.
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).
