Description

NSE announces non-business days for specific mutual fund schemes from AXIS and DSP AMCs in February 2026, during which subscriptions, redemptions, switches, SIPs, STPs, and SWPs will not be allowed.

Summary

NSE has notified members about non-business days for certain mutual fund schemes on the NSE MF Invest Platform for February 2026. During these specified dates, all transactions including subscriptions, redemptions, switches, SIPs, STPs, and SWPs will not be permitted for the affected schemes from AXIS Mutual Fund and DSP Mutual Fund.

Key Points

  • Non-business days announced for specific AXIS and DSP mutual fund schemes
  • All transaction types (subscriptions, redemptions, switches, SIPs, STPs, SWPs) will be suspended on designated dates
  • AXIS Global Innovation Fund of Fund schemes: Non-business day on February 16, 2026
  • AXIS Greater China Equity Fund of Fund schemes: Non-business day on February 17, 2026
  • DSP Value Fund schemes: Non-business day on February 2, 2026
  • DSP Global Innovation Overseas Equity Omni FOF schemes: Non-business day on February 16, 2026
  • DSP Multi Asset Allocation Fund schemes: Non-business day on February 16, 2026
  • Affects both Direct and Regular plans across Growth, IDCW Payout, and IDCW Reinvestment options

Regulatory Changes

No regulatory changes. This is a routine operational notification based on communication received from Asset Management Companies (AMCs).

Compliance Requirements

  • Members of NSE MF Invest Platform must note the non-business days for affected schemes
  • No transactions should be processed for the listed schemes on their respective non-business days
  • Members should inform investors about the non-availability of services on these dates

Important Dates

  • February 2, 2026: Non-business day for DSP Value Fund schemes
  • February 16, 2026: Non-business day for AXIS Global Innovation Fund of Fund schemes, DSP Global Innovation Overseas Equity Omni FOF schemes, and DSP Multi Asset Allocation Fund schemes
  • February 17, 2026: Non-business day for AXIS Greater China Equity Fund of Fund schemes

Impact Assessment

Minimal market impact. This notification affects only investors of specific mutual fund schemes who wish to transact on the designated non-business days. Investors can plan their transactions around these dates. The impact is limited to operational convenience and does not affect the underlying fund performance or valuation.

Impact Justification

Routine operational notice affecting specific mutual fund schemes on designated non-business days. Limited impact restricted to investors of specific AXIS and DSP fund schemes on particular dates in February 2026.