mutual funds distributor forum BSE StAR MF Equity schemes recorded a net inflow of Rs 6,396 crore in September, the BSE said on Friday.

“BSE Star MF contributed net equity flow 74 per cent which is Rs 6,396 crore as against the net equity inflow of the industry at Rs 8,677 crore in September.

The platform recorded its highest monthly transaction of 1.52 crore in September and achieved its highest New Systematic Investment Plan (SIP) of 9.71 lakh in a month amounting to Rs 222 crore.

Net equity inflows stood at Rs 7,614 crore in August. In September 2020, this amount was Rs 1,488 crore.

The platform has processed over 34.79 lakh transactions since its launch, which stands at Rs 15,835 crore as of September 2021.

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