Description

BSE announces non-business days for select mutual fund schemes including NIPPON, ICICI, BANDHAN, and INVESCO funds on December 24 and 31, 2025.

Summary

BSE has notified non-business days for certain mutual fund schemes on the BSE StAR MF Platform for December 2025. The affected schemes include international equity and treasury bond funds from NIPPON, ICICI Prudential, BANDHAN, and INVESCO. Transactions for these schemes will not be processed on December 24 and December 31, 2025.

Key Points

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

Regulatory Changes

No regulatory changes. This is a routine operational notice.

Compliance Requirements

  • Market participants should note that transactions in the specified mutual fund schemes will not be processed on the mentioned non-business days
  • Investors planning transactions in these schemes should plan accordingly around these dates

Important Dates

  • December 24, 2025: Non-business day for ICICI Prudential Global Stable Equity Fund and BANDHAN schemes
  • December 31, 2025: Non-business day for NIPPON, ICICI Prudential Global Advantage Fund, BANDHAN schemes, and INVESCO scheme

Impact Assessment

Minimal impact limited to investors of the specified international mutual fund schemes. The non-business days coincide with international market holidays (Christmas Eve and New Year’s Eve), which is standard practice for funds investing in foreign markets. Investors should plan their transactions before or after these dates to avoid processing delays.

Impact Justification

Informational notice about non-business days for specific mutual fund schemes; affects only select international fund transactions on specific dates