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28 Mar 2019, 10:30 AM
Change in mutual fund settlement due to settlement holiday on 01 April, 2019
April 01, 2019, Monday is a settlement holiday on account of Annual Bank Closing.
As a result, debt and liquid scheme orders will be processed on 2nd April. Equity scheme orders will be processed on 1st April itself. Funds for Equity, Debt & Liquid scheme orders will be debited on 1st April itself.
All redemption orders where settlement was due on 1st April will now be settled on 2nd April instead.