Description

BSE announces closure of Mutual Fund Segment on January 15, 2026 due to Municipal Corporation Elections in Maharashtra, modifying the previously announced 2026 trading holiday calendar.

Summary

BSE has declared a trading holiday for the Mutual Fund Segment on Thursday, January 15, 2026, due to Municipal Corporation Elections in Maharashtra. This is a partial modification to the previously announced trading holiday calendar for 2026 (notice 20251216-22 dated December 16, 2025). No trading will take place in the Mutual Fund Segment on this date.

Key Points

  • Trading holiday declared for Mutual Fund Segment only
  • Date: Thursday, January 15, 2026
  • Reason: Municipal Corporation Elections in Maharashtra
  • This is a modification to the previously published 2026 holiday calendar
  • No trading will occur in Mutual Fund Segment on this day
  • Other segments may operate normally (not specified in this notice)

Regulatory Changes

Partial modification to BSE notice number 20251216-22 dated December 16, 2025, which originally declared Trading Holidays for the Year 2026 in the Mutual Fund Segment. An additional holiday has been added to the calendar.

Compliance Requirements

  • Members must note the trading closure for January 15, 2026
  • Participants should adjust their trading and settlement schedules accordingly
  • No orders or transactions will be processed in the Mutual Fund Segment on this date
  • Members should inform their clients about the trading holiday

Important Dates

  • January 15, 2026: Trading holiday - BSE Mutual Fund Segment closed
  • Reference Notice Date: December 16, 2025 (original holiday calendar notice 20251216-22)

Impact Assessment

Market Impact: Limited to Mutual Fund Segment only. Single-day closure will affect mutual fund trading and settlement schedules but should not have significant long-term impact.

Operational Impact: Members and participants need to adjust their operational schedules, inform clients, and ensure no mutual fund transactions are scheduled for January 15, 2026. Settlement cycles for trades executed before this date should be planned accordingly.

Scope: This holiday applies only to the Mutual Fund Segment of BSE and does not affect equity, derivatives, or other trading segments unless separately notified.

Impact Justification

Medium importance as it affects only Mutual Fund Segment trading for a single day. Participants need to adjust their trading schedules but impact is limited in scope and duration.