BSE StAR MF today crossed turnover of Rs 282 crore on a single day, exchange said in a statement here.
Commenting on the development, Ashishkumar Chauhan, MD & CEO, BSE said, "We have reached this milestone and we believe BSE StAR MF has the potential to completely change the distribution framework of Indian MF industry by reducing the cost and increasing the predictability of processes. Due to the same, almost the entire MF industry has supported the BSE StAR MF platform."