Description

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

Summary

BSE has notified non-business days for February 2026 affecting certain international and overseas equity mutual fund schemes on the BSE StAR MF Platform. The notification covers schemes from Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon mutual funds, with closures ranging from February 11 to February 20, 2026, depending on the fund house and specific scheme.

Key Points

  • Multiple fund houses have declared non-business days for their international schemes in February 2026
  • Franklin U.S. Opportunities Equity Active Fund of Funds: February 16, 2026
  • Edelweiss international schemes: Multiple dates from February 16-20, 2026 depending on scheme
  • Axis international fund of funds: February 16-19, 2026 for various schemes
  • Kotak overseas equity funds: February 16-19, 2026
  • Invesco global fund of funds: February 16-19, 2026
  • Nippon India Japan Equity Fund: February 11, 2026
  • Closures primarily affect fund of funds investing in US, China, ASEAN, emerging markets, European, and other international markets

Regulatory Changes

No regulatory changes introduced. This is an operational notification regarding trading calendar holidays.

Compliance Requirements

  • Investors should note that transactions for the affected mutual fund schemes will not be processed on the specified non-business days
  • Market participants and intermediaries should plan their investment activities accordingly
  • Alternative transaction dates should be used for purchases, redemptions, or switches involving these schemes

Important Dates

  • February 11, 2026: Nippon India Japan Equity Fund closed
  • February 16, 2026: Franklin, Edelweiss (US Value, Greater China, Emerging Markets, US Technology, MSCI World Healthcare), Axis (Global Innovation, Global Equity Alpha), Kotak (Global Emerging Market, Global Innovation, International REIT), and Invesco (Pan European, Global Equity Income, Global Consumer Trends, EQQQ Nasdaq-100) schemes closed
  • February 17, 2026: Edelweiss (Greater China, ASEAN, Emerging Markets), Axis (Greater China), Kotak (International REIT), and Invesco (all four schemes) closed
  • February 18, 2026: Edelweiss (Greater China, ASEAN, Emerging Markets), Axis (Greater China), Kotak (International REIT), and Invesco (all four schemes) closed
  • February 19, 2026: Edelweiss (Debt, Liquid, Greater China, Emerging Markets), Axis (Greater China), Kotak (International REIT), and Invesco (all four schemes) closed
  • February 20, 2026: Edelweiss (Greater China Fund) closed

Impact Assessment

Market Impact: Minimal. This affects only specific international mutual fund schemes and their transaction processing on designated days.

Operational Impact: Investors planning to transact in these schemes during the specified dates must adjust their investment timelines. The closures are due to holidays in the underlying international markets where these funds invest (e.g., US Presidents’ Day, Chinese New Year).

Investor Impact: Limited to investors of the specific schemes mentioned. No impact on domestic equity or debt mutual funds not listed in the circular.

Impact Justification

Routine operational notice about specific non-business days for select international mutual fund schemes; affects only transactions on specific dates in February 2026