The Bombay Stock Exchange (BSE) on August 19, 2026, issued the Clarification for order settlement of August 26, 2026 (Id-E-Milad) on BSE StAR MF Platform.
It has informed market participants that August 26, 2026, is tentatively considered a banking holiday on account of Id-E-Milad. Subscription orders in Liquid, Debt and Equity schemes will continue to be accepted on the BSE StAR MF platform on that date. Subscription orders for Liquid, Overnight and Debt schemes received on August 26 will be reported to the respective RTA/AMC on the next working day, i.e. August 27, 2026, subject to receipt and confirmation of funds within the applicable cut-off time, with the applicable NAV determined accordingly. Subscription orders for Equity schemes will be reported to the respective AMC/Registrar after successful receipt and matching of funds. Redemption and switch orders for Equity, Liquid, Overnight and Debt schemes received on August 26 will be reported to the respective RTA/AMC on the same day. Redemption unit pay-in and pay-out will be processed on August 26, however, no redemption fund payout will be made on that date. Settlement of redemption funds will be carried out in accordance with the applicable scheme-category payout guidelines. Participants are advised to verify the relevant scheme category in the Scheme Master for determining the applicable processing and NAV/payment arrangements.
[Notification no. - 20260819-23]
