New Website for Mutual Funds by BSE

BSE Ltd and Morningstar India came up with collaboration , launched a exclusive website to help investors with relevant information and tools on mutual fund investment opportunities in india.BSE STAR MF(Mutual Fund) is the BSE's exchange traded mutual fund transaction platform and allows subscription and redemption in 29 Mutual funds in the industry. Lot of people have invested on Mutual funds and they don't have a centre place to get any info and growth and investment oppourtunities in mutual fund industry.These partner mutual funds on BSE StAR MF together account for around 92% of the industry's Assets Under Management (AUM). In this exchange traded mutual fund field,there is a need for a dedicated website for investors that would not only provide insights of Mutual funds to the common investor but it would also provide analytical tools used internationally, which will be useful for the investers to monitor mutual fund investments and future views etc..

The URL of the website is http://bseindia.morningstar.in

At the launch, BSE MD & CEO, Mr. Madhu Kannan, said, "We have been receiving good response to our Mutual Fund Platform - BSE StAR MF, which has a dominant market share in the exchange traded Mutual Fund space and hence felt the need to help various stakeholders that include our members, distributors and investors by giving them access to international quality research tools to improve the quality of their advisory decisions. We hope that this valuable facility empowered by Morningstar will be used extensively for more informed and smart investing."

Mr. Aditya Agarwal, MD of Morningstar India, said "We are delighted to be associated with BSE in this initiative of providing advisors and investors with high quality research and analytical tools on mutual funds. At Morningstar, we are always looking for ways to provide investors with information to help them make informed decisions, and the launch of this website is a step in this direction. The website would provide rich content to the users and would make available our proprietary data points, including our style box, star ratings and analyst ratings.”