Description
BSE notifies non-business days in February 2026 for various international and debt mutual fund schemes on the StAR MF platform.
Summary
BSE has announced non-business days for February 2026 affecting specific mutual fund schemes on the BSE StAR MF platform. The circular lists holiday schedules for international fund-of-funds and select debt/liquid schemes across six AMCs: Franklin, Edelweiss, Axis, Kotak, Invesco, and Nippon. These non-business days align with overseas market holidays where the underlying funds are invested.
Key Points
- Franklin U.S. Opportunities Equity Active FoF: Non-business day on February 16, 2026
- Edelweiss international schemes: Multiple non-business days between February 16-20, 2026
- Axis Global Innovation and Greater China FoFs: Non-business days between February 16-19, 2026
- Kotak Global and International REIT FoFs: Non-business days between February 16-19, 2026
- Invesco global FoFs: Non-business days between February 16-19, 2026
- Nippon India Japan Equity Fund: Non-business day on February 11, 2026
AMC-Wise Non-Business Days
Franklin Templeton
- 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 & Liquid schemes, Greater China Fund, Emerging Markets Opportunities Fund
- February 20: Greater China Fund
Axis
- February 16: Axis Global Innovation FoF, Axis Global Equity Alpha FoF
- February 17-19: Axis Greater China Equity FoF
Kotak
- February 16: Kotak Global Emerging Market FoF, Kotak Global Innovation FoF, Kotak International REIT FoF
- February 17-19: Kotak International REIT 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
Compliance Requirements
- Investors cannot place purchase, redemption, or switch transactions on the specified non-business days for affected schemes
- Distributors and investors should plan transactions accordingly to avoid processing delays
- AMCs must ensure proper communication of these non-business days to stakeholders
Important Dates
- February 11, 2026: Nippon India Japan Equity Fund non-business day
- February 16, 2026: Primary non-business day for most US and global equity funds
- February 17-20, 2026: Extended non-business days for Greater China, Asean, and REIT-focused funds
Impact Assessment
This is a routine operational circular with minimal market impact. The non-business days are linked to overseas market holidays where the underlying international funds are traded. Investors in these specific fund-of-funds schemes need to plan their transactions around these dates. The impact is limited to transaction processing timelines and does not affect fund performance or market operations broadly.
Impact Justification
Routine operational notice regarding non-business days for specific mutual fund schemes, primarily affecting fund-of-funds and international schemes with no direct market impact.