Description

BSE announces non-business days in December 2025 for specific mutual fund schemes from Nippon, ICICI Prudential, Bandhan, and Invesco on the BSE StAR MF platform.

Summary

BSE has notified non-business days for certain mutual fund schemes on the BSE StAR MF platform during December 2025. The affected schemes are primarily international/overseas investment funds from Nippon India, ICICI Prudential, Bandhan, and Invesco. These schemes will not accept transactions on the specified dates due to holidays in their underlying markets.

Key Points

  • Multiple mutual fund schemes will observe non-business days on December 24 and December 31, 2025
  • Affected fund houses: Nippon India, ICICI Prudential, Bandhan, and Invesco
  • All affected schemes are international/overseas investment funds (Japan, Global, US markets)
  • Transactions for these specific schemes will not be processed on the designated non-business days
  • This is a routine operational update for the BSE StAR MF platform

Affected Mutual Fund Schemes

Nippon India:

  • Nippon India Japan Equity Fund - December 31, 2025

ICICI Prudential:

  • ICICI Prudential Global Stable Equity Fund - December 24, 2025
  • ICICI Prudential Global Advantage Fund - December 31, 2025

Bandhan:

  • Bandhan US Equity Fund of Fund - December 24 and December 31, 2025
  • Bandhan US Treasury Bond 0-1 year Fund of Fund - December 24 and December 31, 2025

Invesco:

  • Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund - December 31, 2025

Important Dates

  • December 24, 2025: Non-business day for ICICI Prudential Global Stable Equity Fund, Bandhan US Equity Fund of Fund, and Bandhan US Treasury Bond 0-1 year Fund of Fund
  • December 31, 2025: Non-business day for Nippon India Japan Equity Fund, ICICI Prudential Global Advantage Fund, Bandhan US Equity Fund of Fund, Bandhan US Treasury Bond 0-1 year Fund of Fund, and Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund

Compliance Requirements

  • Investors should note that purchase, redemption, and switch transactions for the listed schemes will not be accepted on the specified non-business days
  • Fund houses and distributors should ensure investors are informed about these non-business days
  • The BSE StAR MF platform will not process transactions for these schemes on the designated dates

Impact Assessment

Market Impact: Minimal - affects only specific international mutual fund schemes

Operational Impact: Low - routine holiday observance aligned with underlying international market closures (Christmas Eve and New Year’s Eve)

Investor Impact: Limited - investors planning transactions in these specific schemes should plan around the non-business days; other mutual fund schemes remain unaffected and will operate normally

Impact Justification

Routine operational notice about specific non-business days for select mutual fund schemes. Affects only specific international and overseas investment funds on designated dates. Limited operational impact.