Description

BSE StAR MF platform will observe a non-business day for all Mutual Fund schemes on Sunday, February 1, 2026, coinciding with the 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, in line with all Mutual Funds observing a non-transaction day on Union Budget Day. No mutual fund transactions will be processed on this date.

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 all mutual fund schemes on February 1, 2026
  • The closure coincides with the presentation of the Union Budget on Sunday, February 1, 2026
  • This applies to all mutual fund schemes across the platform

Regulatory Changes

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

Compliance Requirements

  • Members should inform their clients about the non-business day for mutual fund transactions
  • No mutual fund purchase, redemption, or switch transactions will be processed on February 1, 2026
  • Members should plan their operations and client communications accordingly

Important Dates

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

Impact Assessment

Operational Impact: Mutual fund investors will not be able to transact on February 1, 2026. This is a one-day operational closure that aligns with industry practice during Union Budget presentation.

Market Impact: Limited impact as this is a scheduled non-business day with advance notice. Investors planning transactions should complete them before February 1 or schedule them for February 2, 2026 onwards.

Investor Impact: Investors should be aware that mutual fund NAV-based transactions will not be processed on this date, and they should plan their investment activities accordingly.

Impact Justification

Operational notice affecting mutual fund transactions for one day. Important for investors and intermediaries to plan accordingly, but limited to a single non-business day with advance notice.