Description
BSE announces non-business days in March 2026 for select mutual fund schemes from Invesco, DSP, Kotak, and Nippon on the BSE StAR MF Platform, affecting transaction processing on specified dates.
Summary
BSE has notified non-business days in March 2026 for select mutual fund schemes across four AMCs — Invesco, DSP, Kotak, and Nippon India — on the BSE StAR MF Platform. On these dates, the affected schemes will not process transactions. Investors and distributors must plan purchases, redemptions, and switches accordingly.
Key Points
- Invesco India schemes (Pan European Equity FoF, Global Equity Income FoF, Global Consumer Trends FoF, EQQQ Nasdaq-100 ETF FoF) will observe a non-business day on March 19, 2026.
- DSP Value Fund will observe a non-business day on March 17, 2026.
- All DSP Debt Schemes (including DSP Liquidity Fund, DSP Overnight Fund) and several DSP overseas/FOF schemes will observe a non-business day on March 19, 2026; however, DSP Gold ETF FOF, DSP Multi Asset Allocation Fund, DSP Silver ETF FOF, and DSP Equity Savings Fund will remain open for business.
- Kotak overseas/FOF schemes (Global Emerging Market, US Specific Equity Passive, Global Innovation, International REIT) will observe non-business days on March 3, March 6, March 26, and March 31, 2026 (specific schemes vary by date).
- Nippon India Japan Equity Fund will observe a non-business day on March 20, 2026.
Regulatory Changes
No regulatory changes. This is a standard operational notice issued periodically by BSE to inform market participants of AMC-declared non-business days.
Compliance Requirements
- Distributors and investors transacting through BSE StAR MF Platform must avoid submitting transactions for the affected schemes on the listed non-business dates.
- Transactions submitted on non-business days will not be processed; investors should plan ahead to avoid missed NAV dates or settlement delays.
Important Dates
| Date | Affected Schemes |
|---|---|
| March 3, 2026 | Kotak Global Emerging Market FoF, Kotak US Specific Equity Passive FoF, Kotak Global Innovation FoF, Kotak International REIT FoF |
| March 6, 2026 | Kotak International REIT Overseas Equity Omni FoF |
| March 17, 2026 | DSP Value Fund |
| March 19, 2026 | All Invesco India FoF schemes listed; All DSP Debt Schemes and select DSP overseas FoF schemes |
| March 20, 2026 | Nippon India Japan Equity Fund |
| March 26, 2026 | Kotak Global Emerging Market FoF, Kotak US Specific Equity Passive FoF, Kotak Global Innovation FoF, Kotak International REIT FoF |
| March 31, 2026 | Kotak Global Emerging Market FoF, Kotak US Specific Equity Passive FoF, Kotak Global Innovation FoF, Kotak International REIT FoF |
Impact Assessment
Impact is limited and operational in nature. The affected schemes are primarily international fund-of-funds and debt schemes that track overseas markets or are linked to foreign market holidays. Retail and institutional investors using BSE StAR MF for these schemes should be aware of the blackout dates to avoid transaction failures. No broad market impact is expected.
Impact Justification
Routine operational circular notifying investors of non-business days for specific mutual fund schemes; no regulatory change, no broad market impact, affects only transaction processing on select dates for limited fund categories.