Description

October 10, 2025 will be a Non-Business Day for Nippon India Taiwan Equity Fund, affecting subscriptions, redemptions, switches, SIPs, STPs, and SWPs on NSE MF Invest platform.

Summary

National Stock Exchange of India has announced that October 10, 2025 will be treated as a Non-Business Day (NBD) for Nippon India Taiwan Equity Fund as per communication from Nippon Mutual Fund. All transactions including subscriptions, redemptions, switches, SIPs, STPs, and SWPs will not be allowed for the affected schemes on the NSE MF Invest platform.

Key Points

  • Non-Business Day declared for October 10, 2025
  • Applies specifically to Nippon India Taiwan Equity Fund
  • Six plan variants affected (Direct and Regular, Growth and IDCW options)
  • All transaction types suspended: Subscriptions, Redemptions, Switches, SIPs, STPs, and SWPs
  • Applies only to NSE MF Invest platform

Regulatory Changes

No regulatory changes. This is an operational announcement regarding a scheduled non-business day.

Compliance Requirements

Members must ensure that:

  • No transactions are processed for the listed Nippon India Taiwan Equity Fund schemes on October 10, 2025
  • Investors are informed about the non-business day
  • Transaction requests are handled accordingly on the NSE MF Invest platform

Important Dates

  • Effective Date: October 10, 2025 (Non-Business Day)
  • Circular Date: October 09, 2025

Affected Schemes

All six variants of Nippon India Taiwan Equity Fund:

  1. Direct IDCW Payout (ISIN: INF204KC1311)
  2. Direct Growth Plan (ISIN: INF204KC1303)
  3. IDCW Reinvestment (ISIN: INF204KC1295)
  4. Direct IDCW Reinvestment (ISIN: INF204KC1329)
  5. IDCW Payout (ISIN: INF204KC1287)
  6. Growth Plan (ISIN: INF204KC1279)

Impact Assessment

Minimal market impact. This is a single-day operational closure affecting only one mutual fund scheme (Nippon India Taiwan Equity Fund) likely due to a holiday in Taiwan markets. Investors planning transactions in this specific fund should note the non-business day and plan accordingly. Other mutual fund schemes and market operations remain unaffected.

Impact Justification

Administrative notification about a single non-business day for one specific mutual fund scheme with limited market-wide impact