Description
BSE announces non-business days in March 2026 for select schemes of Invesco, DSP, Kotak, and Nippon India mutual funds on the BSE StAR MF platform.
Summary
BSE has notified non-business days in March 2026 for certain mutual fund schemes of Invesco, DSP, Kotak, and Nippon India on the BSE StAR MF platform. On these dates, the affected schemes will not process transactions.
Key Points
- Invesco schemes (4 funds) will observe a non-business day on March 19, 2026
- DSP Value Fund will observe a non-business day on March 17, 2026
- DSP Debt Schemes (multiple funds including DSP Liquidity Fund, DSP Overnight Fund, and several overseas FoFs) will observe a non-business day on March 19, 2026
- DSP Gold ETF FOF, DSP Multi Asset Allocation Fund, DSP Silver ETF FOF, and DSP Equity Savings Fund remain business days on March 19, 2026
- Kotak overseas/FOF schemes will observe non-business days on March 3, March 6, March 26, and March 31, 2026
- 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 for non-business day scheduling.
Compliance Requirements
- Distributors, advisors, and investors should note that transactions (purchases, redemptions, switches) in the affected schemes will not be processed on the respective non-business days.
- BSE StAR MF platform participants should update their systems accordingly to avoid failed or delayed transactions.
Important Dates
| Date | Fund House | Affected Schemes |
|---|---|---|
| March 3, 2026 | Kotak | Global Emerging Market FOF, US Specific Equity Passive FOF, Global Innovation FOF, International REIT FOF |
| March 6, 2026 | Kotak | International REIT Overseas Equity Omni FOF |
| March 17, 2026 | DSP | DSP Value Fund |
| March 19, 2026 | Invesco | Pan European Equity FoF, Global Equity Income FoF, Global Consumer Trends FoF, EQQQ Nasdaq-100 ETF FoF |
| March 19, 2026 | DSP | All DSP Debt Schemes, DSP Liquidity Fund, DSP Overnight Fund, and several overseas/global FoFs |
| March 20, 2026 | Nippon | Nippon India Japan Equity Fund |
| March 26, 2026 | Kotak | Global Emerging Market FOF, US Specific Equity Passive FOF, Global Innovation FOF, International REIT FOF |
| March 31, 2026 | Kotak | Global Emerging Market FOF, US Specific Equity Passive FOF, Global Innovation FOF, International REIT FOF |
Impact Assessment
Impact is limited to investors and intermediaries transacting in the specified schemes on the listed dates. These non-business days are typically aligned with holidays in the underlying markets (e.g., US, Europe, Japan) where the overseas fund-of-funds invest. No broad market or systemic impact is expected.
Impact Justification
Routine operational notice informing investors and intermediaries of specific non-business days for select mutual fund schemes; no regulatory change or broad market impact involved.