Description
BSE announces non-business days for various mutual fund schemes in January 2026, affecting international equity and debt funds from multiple AMCs.
Summary
BSE has issued a circular detailing non-business days for certain mutual fund schemes on the BSE StAR MF Platform for January 2026. The circular affects international equity and debt fund schemes from eight asset management companies. These non-business days correspond to holidays in foreign markets where the underlying securities are traded.
Key Points
- Multiple international mutual fund schemes will be closed on specific dates in January 2026
- Affected AMCs: Nippon India, ICICI Prudential, Franklin Templeton, Bandhan, DSP, Axis, Edelweiss, and Invesco
- Primary affected dates: January 1, 2, 19, and 26, 2026
- Schemes affected include US equity funds, global equity funds, NASDAQ 100 index funds, Japan and Taiwan equity funds, and commodity funds
- Edelweiss will close all schemes on January 26, 2026
- DSP will close all schemes on January 26, 2026
Regulatory Changes
No regulatory changes. This is a routine operational notification.
Compliance Requirements
- Investors cannot place purchase or redemption orders for affected schemes on listed non-business days
- AMCs and distributors must inform investors about these non-business days
- BSE StAR MF platform will not process transactions for these schemes on specified dates
Important Dates
- January 1, 2026: Non-business day for US equity, global equity, and commodity funds across Nippon, ICICI, Franklin, Bandhan, DSP, Axis, Edelweiss, and Invesco schemes
- January 2, 2026: Non-business day for Nippon Japan Equity Fund, ICICI Global Advantage Fund, DSP Global Innovation Fund, and Invesco NASDAQ-100 ETF FoF
- January 19, 2026: Non-business day for Franklin US Opportunities Fund, DSP and Axis global equity schemes, Edelweiss US and healthcare funds, and Invesco global schemes
- January 26, 2026: All DSP schemes and all Edelweiss schemes closed
Impact Assessment
Investor Impact: Investors holding or planning to transact in international mutual fund schemes need to plan their transactions around these non-business days. Purchase and redemption requests cannot be placed on these dates.
Market Impact: Limited market impact as this is routine operational practice aligned with foreign market holidays. Affects only specific international fund categories.
Operational Impact: AMCs and distributors must ensure proper communication to investors and update their systems to block transactions on specified dates for affected schemes.
Impact Justification
Operational circular affecting mutual fund transactions on specific dates for international schemes. Important for investors but routine in nature.