25 May 2021, 07:07 PM

Settlement holiday for Debt & Liquid Mutual funds

26th May 2021 is a settlement holiday on account of Buddha Purnima for Debt & liquid schemes. Orders placed after 1:30 PM on 25th May 2021 will be processed on 27th May 2021. Funds for these orders will be debited on 27th May 2021. Allotments and redemptions due on 26th May 2021 will be settled on 27th May 2021. Equity orders will be processed on 26th May 2021. Please refer to the table below to understand the settlement procedure for each category.
Equity
Transaction Date Subscription Redemption
Nav Applicability Unit Allotment Payout date
Transaction for all settlement type & Fund confirmation uploaded/received before the cut-off Transaction for all settlement type
25-May-21 25-May-21 27-May-21 Depending on Payout TAT of the scheme
26-May-21 26-May-21 27-May-21
Debt
Transaction Date Subscription Redemption
Nav Applicability Unit Allotment Payout date
Transaction for all settlement type & Fund confirmation uploaded/received before the cut-off Transaction for all settlement type
25-May-21 25-May-21 27-May-21 Depending on the Payout TAT of the scheme
26-May-21 27-May-21 28-May-21
Liquid
Transaction Date Subscription Redemption
Nav Applicability Unit Allotment Payout date
Transaction for all settlement type & Fund confirmation uploaded/received before the cut-off Transaction for all settlement type
25-May-21 24-May-21 25-May-21 NA
26-May-21 26-May-21 27-May-21
  For more details, you can refer to this BSE Circular.