BSE StAR MF outperforms the industry in net equity inflow in June 2021

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BSE StAR MF outperforms the industry in net equity inflow in June 2021. BSE StAR MF, India’s largest Mutual Funds Distributor platform has outshone the industry net equity inflow by contributing Rs. 6,072 Cr as compared to industry’s Net Equity Inflow of Rs. 5,988 Cr in June’21.

With all mutual funds and distributors channelising their transactions through online platforms, BSE StAR MF is constantly transforming itself into a unique end-to-end-value based platform.

BSE StAR MF also set a record of highest monthly transaction of 1.29 cr in June’21 compared to its previous best of 1.14 cr in May’21.

The platform also achieved its highest ever SIPs of 7.83 lakh registered in a month in Jun 2021 as compared to previous highest of 6.88 lakh in May’21.

Overall, the platform achieved 38% of the transaction within 3 months which is 3.54 Cr. during FY 21-22 (April – June) as compared to 9.38 Cr. transactions during FY 20-21. 

BSE StAR MF Key Highlights:

Turnover:

  • For June’21 it was Rs. 36,232 Cr. compared to Rs. 31,288 Cr. On May’21 an increase by 16% 
  • For June’21 it was Rs. 36,232 Cr. compared to Rs. 22,667 Cr. on June’20, a significant growth of 60% 
  • Turnover for Q1 FY 21-22 was Rs. 1,01,418 Cr as compared to Rs. 85,420 Cr for Q1 FY 20-21, increase by 19% 

Net Equity Inflow:

  • For June’21 it was Rs. 6,072 Cr compared to Rs. 5,147 Cr for May’21, an increase by 18% 
  • For June’21 it was Rs 6,072 Cr compared to Rs. 1,882 Cr for June’20.
  • Net Equity inflow during Q1 FY 21-22 is Rs. 16,676 Cr compared to Rs. 9,181 Cr for Q1 FY 20-21 an increase of 82% 

Transactions:

  • For June’21 it was 1.29 Cr an increase by 13 % as compared to 1.14 Cr for May’21
  • For June’21 it was 1.29 Cr as compared to 63.15 lakh for Jun’20 an incredible growth of 104% 
  • Transactions during Q1 FY 21-22 was 3.54 Cr as compared to 1.86 Cr during Q1 FY 20-21, tremendous growth by 91% 

New SIP Registrations :

·         For June’21 the platform registered 7.83 lakh new SIPs amounting to Rs. 186 Cr.

·         For May’21 the platform registered 6.88 lakh new SIPs amounting to Rs. 164.47 Cr.

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