BSE would allow brokers to place orders through mobile phones in its mutual funds transaction platform in the next 15 days. The exchange hopes the facility would enhance the accessibility of traders to the BSE STAR MF. The exchange is also planning to extend the equity back-office software, Spark, to the brokers transacting in the STAR MF platform.
Post Office MIS vs Mutual Fund MIPs Post office Monthly Income Scheme has for long been a favourite with investors who want regular monthly income from their investments. They offer risk free 8.5% returns and are especially preferred by conservative investors, like retirees who need regular monthly income from their investments. However, top performing mutual fund monthly income plans (MIPs) have beaten Post Office Monthly Income Scheme (MIS), in terms of annualized returns over the last 5 years, by investing a small part of the corpus in equities which can give higher returns than fixed income investments. The value proposition of the mutual fund aggressive MIPs is that, the interest from debt investment is supplemented by an additional boost to equity returns. Please see the chart below for five year annualized returns from Post office MIS and top performing mutual fund MIPs, monthly d...
