Description

BSE notifies non-business days in December 2025 for specific mutual fund schemes including international equity and bond funds from Nippon, ICICI Prudential, Bandhan, and Invesco.

Summary

BSE has issued an update regarding non-business days for certain mutual fund schemes on the BSE StAR MF Platform during December 2025. The circular specifies closure dates for international equity and bond fund schemes from four asset management companies - Nippon India, ICICI Prudential, Bandhan, and Invesco - on December 24th and 31st, 2025.

Key Points

  • Non-business days declared for select mutual fund schemes in December 2025
  • Affects international/global equity and bond fund schemes only
  • Four AMCs covered: Nippon India, ICICI Prudential, Bandhan, and Invesco
  • Closure dates: December 24, 2025 and December 31, 2025
  • Applicable only to BSE StAR MF Platform transactions

Affected Schemes and Dates

Nippon India (December 31, 2025)

  • Nippon India Japan Equity Fund

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

Invesco (December 31, 2025)

  • Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund

Important Dates

  • December 24, 2025: Non-business day for ICICI Prudential Global Stable Equity Fund and Bandhan US-focused schemes
  • December 31, 2025: Non-business day for Nippon, ICICI Global Advantage, Bandhan US-focused schemes, and Invesco Nasdaq-100 FoF

Impact Assessment

Minimal market impact as this is a routine operational update. Investors in the listed schemes will not be able to place subscription or redemption orders on the specified non-business days through the BSE StAR MF Platform. The closures align with international market holidays (Christmas Eve and New Year’s Eve) in the underlying markets where these funds invest (Japan, US, and global markets). Investors should plan their transactions accordingly to avoid the non-business days.

Impact Justification

Routine notification of non-business days for specific mutual fund schemes; affects only subscription/redemption processing on specified dates for limited international fund schemes.