24 Aug 2026, 04:22 PM

Change in mutual fund settlement cycle due to settlement holiday on account of Id-E-Milad on August 26, 2026

August 26, 2026, will be a settlement holiday on account of Id-E-Milad. Refer to the changes below:

Purchase and redemption orders placed in liquid and debt schemes after the cut-off time on 25th August 2026 will be processed on 27th August 2026.
Allotment and redemptions due on 26th August 2026 will be settled on 27th August 2026.
For Equity schemes, orders will be processed on 26th August 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
25-Aug-26	25-Aug-26	27-Aug-26	Depending on the Payout TAT of the scheme
26-Aug-26	26-Aug-26	27-Aug-26

Debt
Transaction Date	Subscription		Redemption
	Nav Applicability	Unit Allotment	Payout date
	Transaction executed before cut-off time	Transaction for all settlement type
25-Aug-26	25-Aug-26	27-Aug-26	Depending on the Payout TAT of the scheme
26-Aug-26	27-Aug-26	28-Aug-26

Liquid (L0)
Transaction Date	Subscription		Redemption
	Nav Applicability	Unit Allotment	Payout date
	Transaction executed before cut-off time	Transaction for all settlement type
25-Aug-26	24-Aug-26	25-Aug-26	Depending on the payout TAT of the scheme
26-Aug-26	26-Aug-26	27-Aug-26

Liquid (T1)
Transaction Date	Subscription		Redemption
	Nav Applicability	Unit Allotment	Payout date
	Transaction executed before cut-off time	Transaction for all settlement type
25-Aug-26	26-Aug-26	27-Aug-26	Depending on the Payout TAT of the scheme
26-Aug-26	27-Aug-26	28-Aug-26

For more details, you can refer to this BSE circular.

Bulletin