The Indian Clearing Corporation Limited (ICCL) on March 26, 2024, issued the notification regarding the Clarification for transactions acceptance of April 01, 2024 (Annual Bank Closure Day) on the BSE StAR MF Platform
The following has been stated namely: -
• April 01, 2024, will be a non-business day for Debt and Liquid Funds on account of Annual Bank Closure Day.
• Subscription orders executed in Debt, Liquid Mutual Fund schemes and L1 and L0 categories of schemes shall be accepted on April 01, 2024, and will be reported to the respective Registrars on the next business day.
• The orders shall be available in the Provisional Order Report with the order date as April 01, 2024, and in the Order Status Report, as April 02, 2024.
• Further subscription orders for Equity category of schemes shall be accepted on April 01, 2024, and will be reported to the respective Registrars on transaction day post successful funds receipt/matching, and all such orders shall be available in the Provisional Order Report as well as Order the status Report of April 01, 2024
• The details of the NAV applicability for unit allotment/redemption pay-out for all schemes for transaction date April 01, 2024, are provided in the attached Annexure.
[Notification No. 20240326-56]
