Description

BSE StAR MF platform will observe a non-business day on Sunday, February 1, 2026, as all Mutual Funds observe 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 Funds across the industry are observing a non-business/non-transaction day on this date for all schemes.

Key Points

  • Non-business day declared for all Mutual Fund schemes on BSE StAR MF platform
  • Applies to Sunday, February 1, 2026 (Union Budget presentation day)
  • All Mutual Funds industry-wide are observing non-transaction day
  • Covers all mutual fund schemes without exception

Regulatory Changes

No permanent regulatory changes. This is a one-time operational holiday announcement in line with industry-wide practice during Union Budget presentations.

Compliance Requirements

  • Exchange members should note that no mutual fund transactions will be processed on February 1, 2026
  • All mutual fund operations on BSE StAR MF platform will remain closed for the day
  • Members should inform clients about the non-business day for mutual fund transactions

Important Dates

  • February 1, 2026 (Sunday): Non-business day for Mutual Fund schemes on BSE StAR MF platform
  • Notice Date: January 28, 2026

Impact Assessment

Market Impact: Limited, as this is a single-day closure coinciding with a Sunday. The closure aligns with industry-wide practice and the Union Budget presentation schedule.

Operational Impact: Investors and distributors will not be able to place mutual fund orders, redemptions, or switches on the BSE StAR MF platform on February 1, 2026. Transactions will resume on the next business day.

Investor Impact: Minimal disruption expected as the closure falls on a Sunday and is communicated in advance. Investors planning transactions should complete them before or after this date.

Impact Justification

Affects all mutual fund transactions on BSE platform for one day during Union Budget presentation. Standard annual occurrence with limited operational impact.