18 Feb 2020, 04:08 PM

Change in mutual fund settlement due to settlement holiday on 19th February 2020

February 19th, 2020, Wednesday is a settlement holiday on account of Chhatrapati Shivaji Mahara 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 allotment orders where the settlement was due on 19th February will now be settled on 20th February instead.