Description

BSE announces 15 trading holidays for the BSEStAR MF Segment during calendar year 2026, including major festivals and national celebrations.

Summary

BSE has announced the trading holiday calendar for the BSEStAR Mutual Fund Segment for the year 2026. The Exchange will observe 15 trading holidays during weekdays, plus 4 additional holidays falling on weekends. This advance notification enables Mutual Fund Intermediaries (MFIs), Mutual Fund Distributors (MFDs), Registered Investment Advisors (RIAs), and Registered Fund Distributors (RFDs) to plan their operations accordingly.

Key Points

  • 15 trading holidays scheduled on weekdays during 2026 for BSEStAR MF Segment
  • 4 additional holidays fall on Saturday/Sunday (Mahashivratri, Id-Ul-Fitr, Independence Day, Diwali Laxmi Pujan)
  • BSE reserves the right to alter or change any holidays with advance notice via separate circular
  • Notice issued to MFIs, MFDs, RIAs, and RFDs for operational planning
  • Covers major national, religious, and cultural festivals

Regulatory Changes

No regulatory changes. This is an annual informational circular announcing the holiday schedule for the upcoming calendar year.

Compliance Requirements

  • MFIs, MFDs, RIAs, and RFDs must note the holiday schedule for operational planning
  • No trading activities on BSEStAR MF platform on declared holidays
  • Market participants should monitor for any subsequent circulars announcing changes to the holiday schedule

Important Dates

Weekday Trading Holidays in 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 adjust transaction processing, settlement schedules, and client communication around these holidays. The advance notice allows adequate planning time.

Market Impact: Low - These are scheduled closures with no trading on BSEStAR MF platform. No unexpected disruptions anticipated.

Planning Requirement: MFIs, MFDs, RIAs, and RFDs should incorporate these dates into their 2026 operational calendars and inform clients about service availability on these dates. The concentration of several holidays in March-April, May-June, and October-November periods requires particular attention for transaction planning.

Impact Justification

Informational circular providing advance notice of trading holidays for proper planning by MFIs, MFDs, RIAs, and RFDs. Medium impact due to operational planning requirements but low severity as these are scheduled closures.