India largest Mutual Funds Distributors BSE StAR MF telegram group user has crossed 6000 members. BSE StAR MF telegram group has redefined the service standards of Mutual Funds Distributors in India. The robustness and seamlessness of BSE StAR MF along with swiftness of distributors, query resolution through real time interaction through BSE StAR MF user’s telegram group has created an ideal ecosystem for all stakeholders in India Mutual Funds Industry.
BSE StAR MF has also crossed 14,000 direct IFA/Mutual Funds Distributors Registration, creating over all distribution network of over 2, 00,000 in over 3000 cities and towns of India. BSE has once again exhibited that with scalability the service standards have improved. This is a true “Jio” / “Jan-dhan” moment for Indian Mutual Funds disruption.
In August 2018 BSE StAR MF processed nearly 29 lakh orders and added 1.94 lakh New SIPs. More than 37 % of new financial transactions in the Mutual Funds Industry is contributed by BSE StAR MF. There are over 1.65 crore Investors registered on BSE StAR MF platform and overall 4 crores registered investors on BSE platform.
