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.