Description

BSE StAR MF platform will observe a non-business day for all Mutual Fund schemes on Sunday, February 1, 2026, due to Union Budget presentation.

Summary

BSE has announced that the BSE StAR MF platform will observe a non-business day for all Mutual Fund schemes on Sunday, February 1, 2026, coinciding with the presentation of the Union Budget. This follows the mutual fund industry’s practice of observing a non-transaction day on Union Budget Day.

Key Points

  • All Mutual Funds are observing a Non-Business/Non-Transaction Day on Union Budget Day
  • The non-business day applies to all mutual fund schemes
  • BSE StAR MF platform will not conduct any mutual fund transactions on this day
  • This is aligned with industry-wide practice for Union Budget presentation days
  • Notice issued on January 28, 2026

Regulatory Changes

No regulatory changes introduced. This is an operational announcement for a scheduled non-business day.

Compliance Requirements

  • Members should note that no mutual fund transactions will be processed on February 1, 2026
  • Members should inform their clients about the non-business day in advance
  • No subscription, redemption, or switch transactions will be accepted on this day

Important Dates

  • January 28, 2026: Notice date
  • February 1, 2026: Non-business day for all Mutual Fund schemes on BSE StAR MF platform (Union Budget Day)

Impact Assessment

Operational Impact: Investors will not be able to execute any mutual fund transactions (subscriptions, redemptions, switches) on the BSE StAR MF platform on February 1, 2026. This is a planned closure with advance notice, allowing investors and intermediaries to plan accordingly.

Market Impact: Limited market disruption as this is a single-day closure aligned with industry practice. Investors can execute transactions on January 31, 2026 (Friday) or resume on February 2, 2026 (Monday).

Investor Impact: Investors planning mutual fund transactions around this date should complete them before February 1 or plan for February 2 onwards.

Impact Justification

Scheduled non-business day affects all mutual fund transactions on BSE platform for one day only, aligned with industry-wide practice during Union Budget presentation