Description

BSE announces non-business days in November 2025 for various mutual fund schemes including international and sectoral funds from AXIS, Franklin, Kotak, Edelweiss, Nippon, and ICICI Prudential.

Summary

BSE has announced non-business days for November 2025 affecting certain mutual fund schemes available on the BSE StAR MF Platform. The circular lists specific dates when various international and sectoral mutual fund schemes from six fund houses (AXIS, Franklin, Kotak, Edelweiss, Nippon, and ICICI Prudential) will not be available for transactions.

Key Points

  • Multiple non-business days scheduled throughout November 2025 for specific mutual fund schemes
  • Affects primarily international funds (US, Japan, China, Global) and REIT funds of funds
  • Six mutual fund houses impacted: AXIS, Franklin, Kotak, Edelweiss, Nippon, and ICICI Prudential
  • Most common non-business date is November 27, 2025 (affecting 5 schemes)
  • November 11, 2025 affects 4 schemes across multiple fund houses
  • Early November dates (Nov 3, 4, 5) affect Japan, REIT, and NASDAQ funds

Regulatory Changes

No regulatory changes. This is a routine operational announcement.

Compliance Requirements

  • Investors should note that transactions in the listed mutual fund schemes will not be processed on the specified non-business days
  • Fund houses and distributors must inform investors about the non-business days for affected schemes
  • BSE StAR MF Platform will not accept orders for these schemes on the designated dates

Important Dates

November 3, 2025:

  • Nippon India Japan Equity Fund
  • ICICI Prudential Global Advantage Fund

November 4, 2025:

  • Kotak International REIT FOF
  • Kotak NASDAQ 100 FOF

November 5, 2025:

  • Kotak NASDAQ 100 FOF

November 11, 2025:

  • Kotak International REIT FOF
  • Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
  • ICICI Prudential US Bluechip Equity Fund
  • ICICI Prudential Global Advantage Fund
  • ICICI Prudential NASDAQ 100 Index Fund
  • ICICI Prudential Passive Multi-Asset Fund of Funds

November 27, 2025:

  • Axis Greater China Equity Fund of Fund
  • Axis Global Innovation Fund of Fund
  • Franklin India Feeder - Franklin US Opportunities Fund
  • Kotak International REIT FOF
  • Edelweiss US Value, US Technology & MSCI World Healthcare Fund

Impact Assessment

Market Impact: Minimal. This is a scheduled operational matter affecting specific mutual fund schemes.

Investor Impact: Low. Investors in the affected schemes will not be able to place purchase, redemption, or switch orders on the specified non-business days. Planning transactions around these dates will avoid any inconvenience.

Operational Impact: The non-business days primarily align with holidays in the underlying international markets (US Thanksgiving on November 27, Japanese holidays in early November, Veterans Day on November 11), which is standard practice for international funds that cannot operate when their target markets are closed.

Impact Justification

Routine operational circular announcing scheduled non-business days for specific mutual fund schemes. Impacts only investors in listed international and sectoral funds with limited trading disruption.