Description

BSE announces non-business days for various mutual fund schemes including Axis, Franklin, Kotak, Edelweiss, DSP, and Invesco funds during August 2025.

Summary

BSE has announced non-business days for various mutual fund schemes on the BSE StAR MF Platform during August 2025. The circular covers multiple fund houses including Axis, Franklin, Kotak, Edelweiss, DSP, and Invesco with specific dates when their schemes will be closed for business.

Key Points

  • Multiple fund houses have declared non-business days for August 2025
  • Axis schemes (NASDAQ 100 FOF and US Treasury Dynamic Bond ETF FOF) will be closed on August 25
  • Franklin India Feeder - Templeton European Opportunities Fund closed on August 25
  • Kotak schemes have multiple closure dates: August 4, 14, 15, 25, 26, and 27
  • Edelweiss all schemes closed on August 15 and 27
  • DSP schemes have various closure dates throughout August
  • Invesco EQQQ Nasdaq-100 ETF FOF closed on August 1

Regulatory Changes

No regulatory changes announced. This is an operational notification regarding fund availability.

Compliance Requirements

  • Fund houses must ensure investors are informed about non-business days
  • No transactions will be processed for affected schemes on specified dates
  • Alternative arrangements may be needed for investor services during closure periods

Important Dates

  • August 1, 2025: DSP Global Innovation FOF, Invesco EQQQ Nasdaq-100 ETF FOF closed
  • August 4, 2025: Kotak Global Emerging FOF, DSP Value Fund closed
  • August 14-15, 2025: Kotak NASDAQ 100 FOF, All Edelweiss schemes, All DSP schemes closed
  • August 25-27, 2025: Multiple schemes across Axis, Franklin, Kotak, DSP closed

Impact Assessment

Medium impact on mutual fund investors as multiple popular schemes including international and sectoral funds will be unavailable for transactions on specific dates. Investors planning investments or redemptions in these schemes need to plan around these closure dates. Particularly affects investors in international funds and FOF schemes.

Impact Justification

Operational circular affecting multiple mutual fund schemes with specific non-business days that could impact investor transactions