16 Aug 2018, 11:47 AM

Change in mutual fund settlement due to settlement holiday on August 17, 2018

August 17, 2018, Friday is a settlement holiday on account of Paris New Year. As a result, debt and liquid scheme orders will be processed on 20th August. Equity scheme orders will be processed on 17th August itself. Funds for Equity, Debt & Liquid scheme orders will be debited on 17th August. All redemption orders where settlement was due on 17th August will now be settled on 20th August instead.