Description

BSE announces non-business days in February 2026 for various international mutual fund schemes from Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon.

Summary

BSE has notified the non-business days scheduled for February 2026 for certain mutual fund schemes trading on the BSE StAR MF Platform. The notification covers international fund-of-funds and overseas equity schemes from six asset management companies: Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon. These non-business days are primarily due to holidays in the underlying international markets where these funds invest.

Key Points

  • Non-business days announced for February 2026 for select mutual fund schemes
  • Affects international fund-of-funds and overseas equity schemes on BSE StAR MF Platform
  • Six AMCs covered: Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon
  • Most non-business days fall between February 16-20, 2026
  • Different schemes have different non-business days based on their underlying markets

Affected Asset Management Companies and Schemes

Franklin Templeton (February 16)

  • Franklin U.S. Opportunities Equity Active Fund of Funds

Edelweiss (February 16-20)

  • February 16: US Value Fund, Greater China Fund, Emerging Markets Opportunities Fund, US Technology Fund, MSCI World Healthcare Fund
  • February 17-18: Greater China Fund, Asean Fund, Emerging Markets Opportunities Fund
  • February 19: Debt schemes, Liquid schemes, Greater China Fund, Emerging Markets Opportunities Fund
  • February 20: Greater China Fund

Axis (February 16-19)

  • February 16: Axis Global Innovation Fund of Fund, Axis Global Equity Alpha Fund of Fund
  • February 17-19: Axis Greater China Equity Fund of Fund

Kotak (February 16-19)

  • February 16-19: Kotak Global Emerging Market Overseas Equity Omni FOF, Kotak Global Innovation Overseas Equity Omni FOF, Kotak International REIT Overseas Equity Omni FOF

Invesco (February 16-19)

  • February 16-19: Invesco Pan European Equity Fund of Fund, Invesco Global Equity Income Fund of Fund, Invesco Global Consumer Trends Fund of Fund, Invesco EQQQ Nasdaq-100 ETF Fund of Fund

Nippon (February 11)

  • Nippon India Japan Equity Fund

Compliance Requirements

  • Market participants and investors should note these non-business days for the specified schemes
  • No transactions (purchase, redemption, switch) will be processed on these dates for the affected schemes
  • AMCs and distributors must inform investors about these non-business days

Important Dates

  • February 11, 2026: Non-business day for Nippon India Japan Equity Fund
  • February 16, 2026: Non-business day for multiple schemes across Franklin, Edelweiss, Axis, Kotak, and Invesco
  • February 17-20, 2026: Non-business days for various China, ASEAN, REIT, and European market-focused schemes

Impact Assessment

The impact is minimal and routine in nature. These non-business days are standard practice for international fund-of-funds that track underlying markets with different holiday calendars. Investors in these specific schemes will not be able to transact on the specified dates, but this is a scheduled and anticipated operational matter. The notification ensures transparency and allows investors to plan their transactions accordingly.

Impact Justification

Routine notification about non-business days for specific international mutual fund schemes affecting only those fund investors