Description
BSE announces non-business days for select mutual fund schemes across Invesco, DSP, Kotak, and Nippon India fund houses on the BSE StAR MF Platform during March 2026, primarily for overseas and debt funds.
Summary
BSE has notified non-business days for select mutual fund schemes from Invesco, DSP, Kotak, and Nippon India on the BSE StAR MF Platform during March 2026. These closures are primarily for overseas equity funds of funds and debt schemes, corresponding to holidays in the respective underlying markets.
Key Points
- Invesco India funds (Pan European, Global Equity Income, Global Consumer Trends, EQQQ Nasdaq-100 ETFs FoF) will be closed on March 19, 2026.
- DSP Value Fund will be closed on March 17, 2026.
- All DSP Debt Schemes (including DSP Liquidity Fund, Overnight Fund) and most DSP overseas FoFs will be closed on March 19, 2026; DSP Gold ETF FoF, Multi Asset Allocation Fund, Silver ETF FoF, and Equity Savings Fund remain open on that date.
- Kotak international/overseas funds (Global Emerging Market, US Specific Equity, Global Innovation, International REIT) will be closed on March 3, March 6, March 26, and March 31, 2026.
- Nippon India Japan Equity Fund will be closed on March 20, 2026.
Regulatory Changes
No regulatory changes. This is a standard operational notification under existing mutual fund transaction guidelines for BSE StAR MF Platform.
Compliance Requirements
- Distributors and investors must note that purchase, redemption, and switch transactions for the listed schemes will not be processed on the specified non-business days.
- Transactions submitted on non-business days will typically be processed on the next applicable business day, subject to each fund house’s terms.
Important Dates
| Date | Fund House | Affected Schemes |
|---|---|---|
| 2026-03-03 | Kotak | Global Emerging Market, US Specific Equity, Global Innovation, International REIT FoFs |
| 2026-03-06 | Kotak | International REIT Overseas Equity Omni FOF |
| 2026-03-17 | DSP | DSP Value Fund |
| 2026-03-19 | Invesco | Pan European, Global Equity Income, Global Consumer Trends, EQQQ Nasdaq-100 ETF FoFs |
| 2026-03-19 | DSP | All DSP Debt Schemes and overseas FoFs (except Gold ETF FoF, Multi Asset Allocation, Silver ETF FoF, Equity Savings Fund) |
| 2026-03-20 | Nippon | Nippon India Japan Equity Fund |
| 2026-03-26 | Kotak | Global Emerging Market, US Specific Equity, Global Innovation, International REIT FoFs |
| 2026-03-31 | Kotak | Global Emerging Market, US Specific Equity, Global Innovation, International REIT FoFs |
Impact Assessment
Impact is limited and routine. Investors and distributors in the affected overseas and debt mutual fund schemes should plan transactions accordingly to avoid processing delays. The closures align with international market holidays and are a normal feature of funds-of-funds investing in global markets. No structural or regulatory market impact is anticipated.
Impact Justification
Routine operational notice informing investors of non-business days for specific mutual fund schemes; affects transaction processing on those dates but has no broader market or regulatory significance.