Mumbai, Aug 10 (UNI) BSE StaR MF on Monday announced the launch of Corp Direct- a direct investment portal for corporates, which will further simplify and provide end-to-end value-based services to the AMCs, distributors, investors, and MF industry participants.
The StAR MF Corp Direct Portal is loaded with salient features and was currently live for Corporates. It would soon be available for other non-individuals (HUF, Partnership Firms, Societies, etc.)
The key features of StAR MF Corp Direct are End to End Digital Web Module,Corporate Parent-Child Entity Concept, All AMCs and Schemes available under single platform, SMS & Email Confirmation and approval process, Multiple Transactions at single click, Availability of Multiple Payment Options, Quick Onboarding for Corporates who are already transacting (in any of the AMC/RTA platform) ,Customized Connectivity Feature (based on Corporate Requirement) and Value added Services such as Corporate Dashboard View, Transaction basket, Pre-filled transaction form, etc.
Commenting on this new launch, Business Head-Mutual Funds, BSE Ganesh Ram said, 'Earlier this year, the market regulator allowed exchanges to process mutual fund investments directly from Investors, which has reiterated and created a level-playing field. Taking this opportunity, BSE has developed StAR MF Corp Direct portal, which will go a long way in improving the existing experience of corporates. Now, corporates can seamlessly transact (both in Direct & Regular mode) with all AMCs and Schemes, at one go using Corp Direct instead of switching between multiple platforms which is cumbersome.
'Corp Direct will simplify the MF Investment process and significantly reduce time and increase efficiency for corporates', he added.
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