06 May 2020, 11:32 AM

Change in mutual fund settlement due to settlement holiday on 7th May 2020

7th May 2020, is a settlement holiday on account of Buddha Purnima. Hence, debt & liquid scheme orders will be processed on 8th May, the allotment and redemption for these orders will be settled on 11th May. Funds for these orders will be debited on 7th May. All redemptions due on 7th May will be settled on 8th May instead