Description
BSE announces non-business days in September 2025 for various mutual fund schemes across multiple fund houses on the StAR MF platform.
Summary
BSE has announced non-business days for various mutual fund schemes across multiple fund houses on the BSE StAR MF Platform for September 2025. This affects schemes from AXIS, Franklin, Kotak, Edelweiss, ICICI, Nippon, Bandhan, DSP, Invesco, and Tata fund houses.
Key Points
- Multiple fund houses have declared non-business days for September 2025
- Primary dates affected are September 1, 4, 5, and 26, 2025
- Includes both equity and debt fund schemes
- Affects international funds, FOFs, and domestic schemes
- Investors cannot transact on these specific non-business days for affected schemes
Regulatory Changes
No regulatory changes - this is an operational announcement regarding fund availability.
Compliance Requirements
- Fund houses must ensure proper communication to investors about non-business days
- BSE StAR MF platform will not process transactions for affected schemes on specified dates
- Investors need to plan transactions accordingly
Important Dates
- September 1, 2025: Non-business day for AXIS, Franklin, Edelweiss, ICICI, Nippon, Bandhan, DSP, and Invesco schemes
- September 4, 2025: Non-business day for Kotak NASDAQ 100 FOF
- September 5, 2025: Non-business day for multiple schemes across Kotak, Edelweiss, ICICI, Bandhan, DSP, Invesco, and Tata
- September 26, 2025: Non-business day for Kotak International REIT FOF
Impact Assessment
Market Impact: Medium - affects transaction processing for multiple popular mutual fund schemes
Operational Impact: Investors holding or planning to invest in affected schemes need to plan transactions around these non-business days. Systematic Investment Plans (SIPs) and redemption requests may be processed on the next business day for affected schemes.
Impact Justification
Operational notice affecting multiple mutual fund schemes with specific non-business days that investors need to be aware of for transaction planning