Description

BSE announces non-business days for various mutual fund schemes on the StAR MF platform during January 2026, affecting offshore and international equity funds.

Summary

BSE has notified non-business days for various mutual fund schemes on the BSE StAR MF platform for January 2026. The circular lists specific dates when transactions will not be processed for international and offshore equity funds managed by Nippon, ICICI Prudential, Franklin, Bandhan, DSP, Axis, Edelweiss, and Invesco fund houses.

Key Points

  • Multiple AMCs have declared non-business days for their international/offshore schemes in January 2026
  • Non-business days primarily fall on January 1-2, 2026 (New Year holidays in international markets)
  • Additional non-business days on January 19 and 26, 2026 for select schemes
  • Affected schemes primarily include US equity funds, global equity funds, NASDAQ funds, and other offshore investments
  • Edelweiss has declared January 26, 2026 as a non-business day for all schemes
  • DSP has declared January 26, 2026 as closure for all DSP schemes

Important Dates

  • January 1, 2026: Non-business day for most international equity schemes across Nippon, ICICI, Franklin, Bandhan, DSP, Axis, Edelweiss, and Invesco
  • January 2, 2026: Non-business day for select schemes (Nippon Japan, ICICI Global Advantage, DSP Global Innovation, Invesco NASDAQ)
  • January 19, 2026: Non-business day for Franklin US Opportunities, DSP schemes, Axis schemes, Edelweiss US schemes, and Invesco schemes
  • January 26, 2026: All DSP schemes closed; all Edelweiss schemes closed

Affected Mutual Fund Schemes

Nippon India

  • US Equity Opportunities Fund, Japan Equity Fund, Taiwan Equity Fund

ICICI Prudential

  • US Bluechip Equity Fund, Global Stable Equity Fund, Global Advantage Fund, NASDAQ 100 Index Fund, Passive Multi-Asset FoF, Strategic Metal and Energy Equity FoF

Franklin Templeton

  • US Opportunities Equity Active Fund of Funds

Bandhan

  • US Equity Fund of Fund, US Treasury Bond 0-1 year FoF

DSP

  • Natural Resources and New Energy Fund, World Gold Mining FoF, Global Clean Energy FoF, World Mining FoF, US Specific Equity FoF, Healthcare Fund, Value Fund, Global Innovation FoF, Multi Asset Allocation Fund, US Specific Debt Passive FoF

Axis

  • Global Equity Alpha FoF, Greater China Equity FoF, Global Innovation FoF, NASDAQ 100 FoF, US Treasury Dynamic Bond ETF FoF

Edelweiss

  • All offshore schemes, MSCI World Healthcare Fund, US Value Fund, US Technology Fund

Invesco

  • Pan European Equity FoF, Global Equity Income FoF, Global Consumer Trends FoF, EQQQ Nasdaq-100 ETF FoF

Impact Assessment

This is a routine operational circular with minimal market impact. Investors holding units in the mentioned international/offshore mutual fund schemes will not be able to place purchase, redemption, or switch transactions on the specified non-business days. The closure aligns with holiday schedules in international markets where the underlying assets are traded. No impact on domestic equity trading or regular mutual fund schemes.

Impact Justification

Routine operational circular informing about non-business days for specific mutual fund schemes. Affects only investors of listed international/offshore funds with no impact on equity trading or broader market operations.