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17 Mar 2026, 04:10 PM
Change in mutual fund settlement cycle due to settlement holiday on account of Gudhi Padwa on March 19, 2026
March 19, 2026, will be a settlement holiday on account of Gudhi Padwa. Refer to the changes below:
- Purchase and redemption orders placed in liquid and debt schemes after the cut-off time on March 18, 2026, will be processed on March 20, 2026.
- Allotment and redemptions due on March 19, 2026, will be settled on March 20, 2026.
- For Equity schemes, orders will be processed on March 20, 2026.
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 executed before cut-off time | Transaction for all settlement type | ||||
| 18-Mar-26 | 18-Mar-26 | 20-Mar-26 | Depending on the Payout TAT of the scheme | ||
| 19-Mar-26 | 19-Mar-26 | 20-Mar-26 | |||
| Debt | |||||
| Transaction Date | Subscription | Redemption | |||
| Nav Applicability | Unit Allotment | Payout date | |||
| Transaction executed before cut-off time | Transaction for all settlement type | ||||
| 18-Mar-26 | 18-Mar-26 | 20-Mar-26 | Depending on the Payout TAT of the scheme | ||
| 19-Mar-26 | 20-Mar-26 | 23-Mar-26 | |||
| Liquid (L0) | |||||
| Transaction Date | Subscription | Redemption | |||
| Nav Applicability | Unit Allotment | Payout date | |||
| Transaction executed before cut-off time | Transaction for all settlement type | ||||
| 18-Mar-26 | 17-Mar-26 | 18-Mar-26 | NA | ||
| 19-Mar-26 | 19-Mar-26 | 20-Mar-26 | |||
| Liquid (T1) | |||||
| Transaction Date | Subscription | Redemption | |||
| Nav Applicability | Unit Allotment | Payout date | |||
| Transaction executed before cut-off time | Transaction for all settlement type | ||||
| 18-Mar-26 | 19-Mar-26 | 20-Mar-26 | Depending on the Payout TAT of the scheme | ||
| 19-Mar-26 | 23-Mar-26 | 24-Mar-26 | |||
For more details, you can refer to this BSE circular.