Description
BSE has declared April 29, 2026 as a Non-Business Day for Nippon India Japan Equity Fund due to market closures in Japan. All transactions including Subscription, Redemption, Switch, SIP, STP, and SWP will not be permitted on the BSE StAR MF Platform on that date.
Summary
BSE has notified members that Nippon India Japan Equity Fund will observe a Non-Business Day on April 29, 2026, due to market closures in Japan. All transaction types on the BSE StAR MF Platform will be suspended for this scheme on that date.
Key Points
- Nippon India Japan Equity Fund declared a Non-Business Day on April 29, 2026
- The declaration is due to market closures in Japan on that date
- Affects all transaction types: Subscription, Redemption, Switch, SIP, STP, and SWP
- Transactions will not be permitted through the BSE StAR MF Platform for this scheme on the said date
Regulatory Changes
No regulatory changes. This is a one-time operational notice for a specific scheme.
Compliance Requirements
- Members and investors must refrain from placing any transactions (Subscription, Redemption, Switch, SIP, STP, SWP) in Nippon India Japan Equity Fund via the BSE StAR MF Platform on April 29, 2026
Important Dates
- April 29, 2026: Non-Business Day for Nippon India Japan Equity Fund — no transactions permitted
Impact Assessment
Impact is limited to investors in Nippon India Japan Equity Fund who intend to transact on April 29, 2026. They should plan transactions either before or after the non-business day. No broader market or systemic impact is expected.
Impact Justification
Routine administrative notice affecting a single mutual fund scheme for one day due to overseas market closure. No systemic risk or broad market impact.