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16 Aug 2022, 09:00 AM
Non-Business day for Debt and Liquid Funds on 16th August 2022 on account of Parsi New Year
August 16, 2022, will be a non-business day for Debt and Liquid Funds on account of Parsi New Year. Refer to the changes below:
- Purchase and redemption Orders placed in liquid and debt schemes after 2 pm on 12th August 2022 will be processed on 17th August 2022.
- Allotment and redemptions due on 16th August will be settled on 17th August 2022.
- For Equity schemes, orders will be processed on 16th August 2022.
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 | Transaction for all settlement type | |||||
| 12-Aug-22 | 12-Aug-22 | 17-Aug-22 | Depending on Payout TAT of the scheme | |||
| 16-Aug-22 | 16-Aug-22 | 17-Aug-22 | ||||
| Debt | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | Payout date | ||||
| Transaction for all settlement type | Transaction for all settlement type | |||||
| 12-Aug-22 | 12-Aug-22 | 17-Aug-22 | Depending on the Payout TAT of the scheme | |||
| 16-Aug-22 | 17-Aug-22 | 18-Aug-22 | ||||
| Liquid (L0) | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | Payout date | ||||
| Transaction for all settlement type | Transaction for all settlement type | |||||
| 12-Aug-22 | 11-Aug-22 | 12-Aug-22 | NA | |||
| 16-Aug-22 | 16-Aug-22 | 17-Aug-22 | ||||
| Liquid (T1) | ||||||
| Transaction Date | Subscription | Redemption | ||||
| Nav Applicability | Unit Allotment | |||||
| Transaction for all settlement type | Transaction for all settlement type | Payout date | ||||
| 12-Aug-22 | 16-Aug-22 | 17-Aug-22 | Depending on Payout TAT of the scheme | |||
| 16-Aug-22 | 17-Aug-22 | 18-Aug-22 | ||||
For more details, you can refer to this BSE Circular.