Description
BSE announces non-business days for various international and domestic mutual fund schemes on the StAR MF platform during January 2026.
Summary
BSE has announced non-business days for certain mutual fund schemes on the BSE StAR MF Platform for January 2026. The closure dates primarily affect international and fund-of-funds schemes from various asset management companies including Nippon India, ICICI Prudential, Franklin Templeton, Bandhan, DSP, Axis, Edelweiss, and Invesco. These non-business days correspond to public holidays in overseas markets (primarily US and Japan) and one domestic holiday on January 26, 2026.
Key Points
- Multiple AMCs have declared non-business days for their international and fund-of-funds schemes in January 2026
- Most closures occur on January 1-2, 2026 (New Year holidays in overseas markets)
- Additional closures on January 19, 2026 (Martin Luther King Jr. Day in the US)
- January 26, 2026 closure affects all DSP schemes and all Edelweiss schemes (Republic Day in India)
- Primarily impacts schemes investing in US equities, global markets, Japan, Taiwan, and other international assets
- No transactions will be processed for these schemes on their respective non-business days
Regulatory Changes
No regulatory changes. This is a routine operational notice.
Compliance Requirements
- Investors should note that purchase, redemption, and switch transactions will not be processed for the affected schemes on their respective non-business days
- AMCs and distributors must ensure investors are informed about these closures
- NAV calculations and transaction processing will resume on the next business day
Important Dates
January 1, 2026:
- 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: US Opportunities Equity Active FoF
- Bandhan: US Equity FoF, 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 and MSCI World Healthcare Fund
- Invesco: Pan European Equity FoF, Global Equity Income FoF, Global Consumer Trends FoF, EQQQ Nasdaq-100 ETF FoF
January 2, 2026:
- Nippon India: Japan Equity Fund
- ICICI Prudential: Global Advantage Fund
- DSP: Global Innovation Overseas Equity Omni FoF
- Invesco: EQQQ Nasdaq-100 ETF FoF
January 19, 2026:
- Franklin: US Opportunities Equity Active FoF
- DSP: World Gold Mining FoF, US Specific Equity FoF, Healthcare Fund, Value Fund, Global Innovation FoF, Multi Asset Allocation Fund
- Axis: Global Innovation FoF, Global Equity Alpha FoF
- Edelweiss: US Value Fund, US Technology Fund, MSCI World Healthcare Fund
- Invesco: Pan European Equity FoF, Global Equity Income FoF, Global Consumer Trends FoF, EQQQ Nasdaq-100 ETF FoF
January 26, 2026:
- DSP: All schemes closed
- Edelweiss: All schemes closed
Impact Assessment
Market Impact: Low - This is a routine operational matter affecting only specific mutual fund schemes on predetermined holiday dates.
Investor Impact: Low to Medium - Investors in affected international and fund-of-funds schemes will be unable to execute transactions on specified dates. However, these are predictable closures aligned with overseas market holidays and the Indian Republic Day.
Operational Impact: Investors planning to invest, redeem, or switch units in the affected schemes should plan their transactions around these non-business days. The impact is limited to the specific schemes listed and does not affect domestic equity, debt, or hybrid funds (except where specifically mentioned).
Impact Justification
Routine operational notice regarding holiday schedules for mutual fund schemes, primarily affecting international fund transactions on specific dates.