Bombay Stock Exchange’s (BSE) mutual fund distribution platform StAR MF has processed a record 30.11 lakh transactions on April 18, 2022. It surpassed its previous best single-day record of 29.9 lakh transactions which was registered on April 11. The growth in transaction has only been possible because of the increasing participation of investors, thereby strengthening mutual fund distribution.
In March, BSE StAR MF processed a record 1.97 crore transactions against its previous best of 1.87 crore transactions in January. In the entire FY 21-22, the mutual fund distribution platform processed 18.47 crore transactions as against 9.38 crore achieved in the preceding financial year.
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).
