Description

Scheduled non-business days in February 2026 for international and domestic mutual fund schemes across Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon mutual funds on BSE StAR MF platform.

Summary

BSE has notified non-business days for certain mutual fund schemes on the BSE StAR MF platform during February 2026. The circular lists specific dates when international and select domestic fund schemes from Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon mutual funds will not process transactions due to holidays in their respective underlying markets.

Key Points

  • Multiple fund houses have declared non-business days for February 2026
  • Primarily affects Fund of Funds (FoF) investing in international markets (US, China, Europe, ASEAN, Emerging Markets)
  • February 16, 2026 is a common non-business day for US-focused funds across multiple AMCs
  • February 17-20, 2026 affects Greater China, ASEAN, and Emerging Market funds
  • Nippon India Japan Equity Fund has non-business day on February 11, 2026
  • Edelweiss debt and liquid schemes also impacted on February 19, 2026

Affected Fund Houses and Schemes

Franklin:

  • February 16: Franklin U.S. Opportunities Equity Active Fund of Funds

Edelweiss:

  • 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: 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: 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: Invesco Pan European Equity FoF, Invesco Global Equity Income FoF, Invesco Global Consumer Trends FoF, Invesco EQQQ Nasdaq-100 ETF FoF

Nippon:

  • February 11: Nippon India Japan Equity Fund

Regulatory Changes

No regulatory changes introduced. This is a routine operational notification.

Compliance Requirements

  • Investors should note that no subscriptions, redemptions, or switches will be processed for the listed schemes on their respective non-business days
  • AMCs must ensure investors are informed about transaction processing limitations on these dates
  • BSE StAR MF platform will not accept orders for these schemes on designated non-business days

Important Dates

  • February 11, 2026: Nippon India Japan Equity Fund
  • February 16, 2026: US and global equity funds (Franklin, Edelweiss, Axis, Kotak, Invesco)
  • February 17-18, 2026: Greater China, ASEAN, European funds (Edelweiss, Axis, Kotak, Invesco)
  • February 19, 2026: Greater China, Emerging Markets, Debt/Liquid schemes (Edelweiss, Axis, Kotak, Invesco)
  • February 20, 2026: Greater China funds (Edelweiss)

Impact Assessment

Market Impact: Minimal. This is a scheduled operational closure affecting specific international fund categories only.

Operational Impact: Investors in the listed schemes will be unable to transact on specified dates. No impact on NAV calculation or portfolio management.

Investor Impact: Limited to investors in international Fund of Funds and select schemes. Investors should plan transactions accordingly, especially for systematic investment plans (SIPs) or redemptions scheduled on these dates.

Platform Impact: BSE StAR MF platform will block transactions for listed schemes on respective non-business days to align with underlying market holidays.

Impact Justification

Routine operational circular notifying scheduled non-business days for specific mutual fund schemes; affects transaction processing for limited fund categories only