BSE’s StAR MF platform sees record 29.9 lakh single-day transactions

BSE’s StAR MF platform sees record 29.9 lakh single-day transactions

BSE’s mutual fund distribution platform StAR MF processed a record 29.9 lakh transactions in a single day on Monday.

The platform has surpassed its previous best single-day record of 26.65 lakh transactions registered on January 10, the exchange said in a statement.

Snehal Dixit, Business Head-Mutual Funds BSE StAR MF, said that reaching new heights by adding many more transactions is possible since mutual fund has become a product of the masses.