Description

BSE StAR MF platform will observe a non-business day on Sunday, February 1, 2026, as all Mutual Funds observe a non-transaction day on Union Budget presentation day.

Summary

BSE has announced that the BSE StAR MF platform will observe a non-business day on Sunday, February 1, 2026, coinciding with the presentation of the Union Budget. All Mutual Fund schemes will observe a non-transaction day on this date, and consequently, no mutual fund transactions will be processed on the exchange platform.

Key Points

  • All Mutual Funds are observing a non-business/non-transaction day on Union Budget Day
  • BSE StAR MF platform will be closed for mutual fund transactions on February 1, 2026
  • This applies to all mutual fund schemes
  • The closure coincides with the presentation of the Union Budget on Sunday, February 1, 2026

Regulatory Changes

No regulatory changes. This is an operational notice regarding a scheduled non-business day.

Compliance Requirements

  • Members should be aware that no mutual fund transactions can be processed on February 1, 2026
  • Investors should plan their mutual fund transactions accordingly, avoiding this date
  • Members must inform their clients about the non-business day for mutual fund schemes

Important Dates

  • February 1, 2026 (Sunday): Non-business day for all Mutual Fund schemes on BSE StAR MF platform due to Union Budget presentation

Impact Assessment

The impact is limited to mutual fund investors who need to be aware that transactions cannot be processed on February 1, 2026. Since this falls on a Sunday and coincides with the Union Budget presentation, the operational impact is minimal. Investors planning systematic investments or redemptions should account for this non-business day. The notice serves primarily as an advance notification to ensure smooth operations and avoid confusion among market participants.

Impact Justification

Operational notice affecting mutual fund transactions for one day only. Medium impact due to investor awareness requirement but low severity as it's a scheduled non-business day.