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BSE launches StAR MF platform for distributors

The platform will be open for transactions from 9am to 3pm from Monday to Friday

March 11, 2014 3:43 IST | India Infoline News Service
The Bombay Stock Exchange (BSE) on 6th March has launched a mutual fund transaction platform called BSE StAR MF.
This platform allows independent financial advisers or mutual fund distributors to directly buy and sell fund units on the stock exchange. They can even register systematic investment plans (SIPs) for their clients on this platform.
The platform launched in December 2009 was only open to BSE brokers earlier.
Earlier, a mutual fund distributor had to become sub-broker with any broker to use StAR MF platform.
Investors will have the convenience of viewing their fund investments along with their other equity investments in a single demat account.
The platform will be open for transactions from 9am to 3pm from Monday to Friday.

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