18 Feb 2019, 02:02 PM

Change in mutual fund settlement due to settlement holiday on 19th February 2019

February 19th, 2019, Tuesday is a settlement holiday on account of Chhatrapati Shivaji Maharaj Jayanti.

As a result, debt and liquid scheme orders will be processed on 20th February. Equity scheme orders will be processed on 19th February itself. Funds for Equity, Debt & Liquid scheme orders will be debited on 19th February itself.

All redemption orders where settlement was due on 19th February will now be settled on 20th February instead.