Majority of the AMCs to pay nominal charges for using BSE StAR MF platform
Feb 28 2018
News Category: Others
According to media reports, 26 Asset Management Companies (AMCs) in mutual fund industry has agreed to pay a nominal service charge per transaction done through BSE StAR MF platform. According to BSE, the additional resources available on the platform will provide better services to AMCs and investors in bringing further automation to the investment process. Currently, the platform has more than 2 lakh Independent Financial Advisors (IFAs), brokers, broker branches and associates on its network in over 3,000 cities and towns across India.