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15 May 2022, 10:00 AM
Non-Business day for Debt and Liquid Funds on 16th May 2022 on account of Buddha Purnima
May 16 2022, will be a non-business day for Debt and Liquid Funds on account of Buddha Purnima. Refer to the changes below:- Orders placed in liquid and debt schemes after 1:30 PM on 13th May 2022 will be processed on 17th May 2022. The amount for these orders will be debited on 17th May 2022.
- Allotment and redemptions due on 16th May will be settled on 17th May 2022.
- Redemption orders for equity schemes shall be processed on 16th May 2022.
- Redemption orders placed in debt scheme after 1:30 PM on 13th May will be processed on 17th May 2022.
- For Equity schemes, orders will be processed on 16th May 2022 and the amount will be debited on the same day.
| Equity | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | Payout date | ||||
| Transaction for all settlement type & Fund confirmation uploaded/received before 2.32 pm | Transaction for all settlement type | |||||
| 13-May-22 | 13-May-22 | 17-May-22 | Depending on Payout TAT of the scheme | |||
| 16-May-22 | 16-May-22 | 17-May-22 | ||||
| Debt | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | Payout date | ||||
| Transaction for all settlement type & Fund confirmation uploaded/received before 2.32 pm | Transaction for all settlement type | |||||
| 13-May-22 | 13-May-22 | 17-May-22 | Depending on the Payout TAT of the scheme | |||
| 16-May-22 | 17-May-22 | 18-May-22 | ||||
| Liquid (L0) | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | Payout date | ||||
| Transaction executed before 1.00pm & Fund confirmation uploaded/received before 1.05 pm | Transaction for all settlement type | |||||
| 13-May-22 | 12-May-22 | 13-May-22 | NA | |||
| 16-May-22 | 16-May-22 | 17-May-22 | ||||
| Liquid (T1) | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | |||||
| Transaction executed between 1.00pm to 2.30pm & Fund confirmation uploaded/received before 2.30pm | Transaction for all settlement type | Payout date | ||||
| 13-May-22 | 16-May-22 | 17-May-22 | Depending on Payout TAT of the scheme | |||
| 16-May-22 | 17-May-22 | 18-May-22 | ||||
For more details, you can refer to this BSE Circular.