Description
BSE announces 15 trading holidays for the Mutual Fund Segment during calendar year 2026, including Republic Day, Diwali, and other national and religious festivals.
Summary
BSE has announced the trading holiday schedule for the BSE StAR Mutual Fund Segment for calendar year 2026. The Exchange will observe 15 trading holidays on weekdays, with 4 additional holidays falling on weekends. MFIs, MFDs, RIAs, and RFDs should note these dates for operational planning. The Exchange reserves the right to alter or change any holidays with advance notice.
Key Points
- 15 trading holidays scheduled for BSE StAR MF Segment in 2026
- Holidays include national festivals (Republic Day, Independence Day, Gandhi Jayanti) and religious observances
- 4 additional holidays fall on weekends (Mahashivratri, Id-Ul-Fitr, Independence Day, Diwali Laxmi Pujan)
- Notice applicable to MFIs (Mutual Fund Intermediaries), MFDs (Mutual Fund Distributors), RIAs (Registered Investment Advisors), and RFDs (Research and Facilitation Distributors)
- Exchange may modify holiday schedule with advance circular
Regulatory Changes
No regulatory changes. This is a standard operational notice providing the annual trading holiday calendar.
Compliance Requirements
- Market participants must plan trading and settlement activities around the specified holidays
- MFIs, MFDs, RIAs, and RFDs should update their operational calendars accordingly
- Monitor for any subsequent circulars that may alter the holiday schedule
Important Dates
Weekday Trading Holidays 2026:
- January 26 (Monday) - Republic Day
- March 3 (Tuesday) - Holi
- March 26 (Thursday) - Shri Ram Navami
- March 31 (Tuesday) - Shri Mahavir Jayanti
- April 3 (Friday) - Good Friday
- April 14 (Tuesday) - Dr. Baba Saheb Ambedkar Jayanti
- May 1 (Friday) - Maharashtra Day
- May 28 (Thursday) - Bakri Id
- June 26 (Friday) - Muharram
- September 14 (Monday) - Ganesh Chaturthi
- October 2 (Friday) - Mahatma Gandhi Jayanti
- October 20 (Tuesday) - Dussehra
- November 10 (Tuesday) - Diwali Balipratipada
- November 24 (Tuesday) - Prakash Gurpurb Sri Guru Nanak Dev
- December 25 (Friday) - Christmas
Weekend Holidays:
- February 15 (Sunday) - Mahashivratri
- March 21 (Saturday) - Id-Ul-Fitr (Ramzan Id)
- August 15 (Saturday) - Independence Day
- November 8 (Sunday) - Diwali Laxmi Pujan
Impact Assessment
Operational Impact: Medium - Market participants need to plan trading, settlement, and operational activities around 15 weekday holidays spread throughout 2026.
Market Impact: Low - This is routine annual holiday scheduling with no unexpected closures.
Planning Requirements: All mutual fund intermediaries, distributors, and advisors must update their systems and client communication to reflect the holiday schedule for seamless operations in 2026.
Impact Justification
Standard annual holiday calendar notice affecting all mutual fund participants. Medium impact due to trading schedule planning requirements but low urgency as holidays are well in advance.