Description

BSE announces non-business days in September 2025 for various mutual fund schemes from multiple fund houses affecting trading on StAR MF Platform.

Summary

BSE has announced non-business days for various mutual fund schemes from multiple fund houses on the BSE StAR MF Platform for September 2025. The circular affects schemes from Axis, Franklin, Kotak, Edelweiss, ICICI, Nippon, Bandhan, DSP, Invesco, and Tata fund houses on specific dates including September 1, 4, 5, and 26, 2025.

Key Points

  • Multiple fund houses have declared non-business days for their schemes in September 2025
  • September 1, 2025: Most affected date with schemes from Axis, Franklin, Kotak, Edelweiss, ICICI, Nippon, Bandhan, DSP, and Invesco
  • September 5, 2025: Second major impact date affecting multiple fund houses
  • International and overseas equity funds are primarily affected
  • Some debt and liquid schemes also have non-business days

Regulatory Changes

No regulatory changes announced. This is an operational announcement regarding fund trading schedules.

Compliance Requirements

  • Fund houses must ensure proper communication of non-business days to investors
  • BSE StAR MF Platform will not process transactions for affected schemes on specified dates
  • Investors should plan their investment and redemption activities accordingly

Important Dates

  • September 1, 2025: Non-business day for majority of affected schemes including international equity funds
  • September 4, 2025: Non-business day for Kotak NASDAQ 100 FOF
  • September 5, 2025: Non-business day for various schemes including debt and liquid funds
  • September 26, 2025: Non-business day for Kotak International REIT FOF

Impact Assessment

Market Impact: Medium - affects trading and operations of multiple mutual fund schemes but limited to specific dates

Operational Impact: Investors holding or planning to invest in the mentioned schemes need to adjust their transaction timing. The impact is primarily on international and overseas equity funds, with some debt and liquid schemes also affected. Fund houses and distributors need to ensure proper communication to avoid transaction failures on non-business days.

Impact Justification

Affects multiple mutual fund schemes trading on BSE platform during specific dates in September 2025