Description

BSE StAR MF platform will observe non-business days for specific Nippon India and ICICI Prudential international equity schemes in January 2026.

Summary

BSE has announced non-business days for certain international equity mutual fund schemes on the BSE StAR MF platform in January 2026. The affected schemes include Nippon India Japan Equity Fund, Nippon India US Equity Opportunities Fund, and ICICI Prudential Global Advantage Fund. Transactions for these schemes will not be processed on their respective non-business days.

Key Points

  • Nippon India Japan Equity Fund: Non-business day on January 12, 2026
  • Nippon India US Equity Opportunities Fund: Non-business day on January 19, 2026
  • ICICI Prudential Global Advantage Fund: Non-business day on January 12, 2026
  • Applies only to BSE StAR MF platform transactions
  • Investors should plan transactions accordingly to avoid processing delays

Regulatory Changes

No regulatory changes. This is a routine operational schedule update.

Compliance Requirements

  • Fund houses and distributors must inform investors about non-business days
  • Transaction requests received on non-business days will be processed on the next business day
  • BSE StAR MF platform participants should update their systems accordingly

Important Dates

  • January 12, 2026: Non-business day for Nippon India Japan Equity Fund and ICICI Prudential Global Advantage Fund
  • January 19, 2026: Non-business day for Nippon India US Equity Opportunities Fund

Impact Assessment

Minimal market impact as this is a routine operational matter affecting only specific international equity mutual fund schemes. Investors planning transactions in these schemes should be aware of the non-business days to avoid delays. The impact is limited to a small subset of mutual fund schemes and does not affect broader market operations or other investment products on the BSE platform.

Impact Justification

Routine operational notification affecting only specific international mutual fund schemes on designated days. Limited impact to investors as alternative transaction days are available.