BSE's MF platform gets record 1.34 lakh orders today
Leading stock exchange BSE's mutual fund platform today processed a record 1.34 lakh orders in a single day.
Prior to this, the MF platform had hit the one lakh level on September 12, 2016.
"BSE StAR MF today received 1,34,271 orders from 522 members -- a record high," a BSE spokesperson said.
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The 1.34 lakh orders placed amounted to Rs 270 crore in value terms.
Currently, the BSE mutual fund platform has a total of 2,860 registered members.
BSE StAR MF was launched in December 2009 and is the largest mutual fund distributor platform in the country today.
The platform is a web-based transaction processing, fully automated online MF collection and settlement system.
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First Published: Feb 10 2017 | 5:42 PM IST