BSE StAR MF contributed Net Equity Inflow of 49% to the Mutual Fund industry in FY 2021-22.
Continuing its stellar performance, India’s largest regulated Exchange-based online Mutual Funds Distribution platform is moving consistently towards transforming itself into a unique end-to-end-value based platform.
BSE StAR MF contributed Rs. 81,350 crores as Net Equity Inflow during FY 2021-22, which is 49% of the Mutual Fund (MF) Industry’s Net Equity Inflow of Rs. 1,64,404 crores.
BSE StAR MF processed over 1.96 crore transactions amounting to Rs. 42,976 crores in the month of March, 2022. Inspite of the nationwide pandemic and lockdown BSE StAR MF has helped AMCs, members and their clients in smooth paperless transactions.
Overall, the platform achieved 18.47 crore transactions in the financial year 2021-2022.
Some of the Key Highlights are:
Turnover:
• Annual Turnover during FY 21-22 was Rs. 4,54,023 cr.
• For March ‘22 was Rs. 42,976 cr., compared to Rs. 41,339 cr. on February ‘22, an increase of 4%
• For March ‘22 was Rs. 42,976 cr., compared to Rs. 31,556 cr. on Mar ‘21, an incredible growth of 36%
• For Q4 FY 21-22 was Rs. 1,22,135 cr. as compared to Rs. 91,696 cr. for Q4 FY 20-21, an excellent increase by 33%
Net Equity Inflow:
• For Mar ’22 it was Rs. 6,860 cr. compared to Rs. 7,302 cr. for Feb ’22
• For Mar ’22 it was Rs. 6,860 cr. compared to Rs. 4,233 cr. for Mar ’21, an incredible growth of 62%
• During Q4 of FY 21-22 is Rs. 22,068 cr. compared to Rs. 8,079 cr. for Q4 FY 20-21 an increase of 173%
Transactions:
• Annual Transactions increased rapidly by 97% from 18.47 cr. in FY 21-22 as compared to 9.38 cr in FY 20-21.
• For March ‘22 was 1.96 cr. an increase of 8% as compared to 1.82 cr. for February ‘22.
• For March ‘22 was 1.96 cr. has significantly increased by 79% as compared to 1.10 cr. for March ’21.
• For Q4 FY 21-22 was 5.65 cr. as compared to 2.95 cr. for Q4 FY 20-21, an excellent increase by 92%
SIP Book Size:
• StAR MF’s total active SIP book size stands at 1.20 cr. as on 31st March, 2022
• Platform has registered 2.72 cr. SIPs as on 31st March, 2022
• For Mar’22 the platform registered 10.89 lakh new SIPs amounting to Rs 250 cr.
• For Feb’22 the platform registered 9.07 lakh new SIPs amounting to Rs. 209 cr.
MFD’s:
· Distributor network has seen multi-fold increase to 72,252 (as on March 2022).
BSE StAR MF App (StAR MF Mobility) has processed over 56.79 lakh transactions since its launch, amounting to Rs. 20,321 Cr till March 2022. The app was launched to help Mutual Fund Distributors register clients on real-time basis and execute paperless transactions. Because of the superior support system and distribution reach of BSE StAR MF, the platform has grown exponentially with network of over 72,252 distributors in India