The Indian Clearing Corporation Ltd (ICCL) on May 17, 2024, notified regarding the clarification for transactions acceptance of May 23, 2024 (Buddha Purnima) on the BSE StAR MF Platform.
The following shall be stated namely: -
• It states that May 23, 2024, shall be a non-business day for Debt and Liquid Funds on account of Buddha Purnima.
• It states that the subscription orders in all the Debt, Liquid Mutual Fund schemes and L1 and L0 category of schemes shall be accepted on May 23, 2024, and will be reported to the respective Registrars on the next business day.
• It states that the Redemption’s/Switch’s/STP’s orders in all categories of the scheme shall be accepted and reported to the respective Registrars on May 23, 2024.
• It states that the funds received for Liquid (L0) and Liquid T1-based schemes till 12:30 PM, and for Debt schemes till 2:00 PM on May 23, 2024, shall be transferred to the AMCs on May 24, 2024.
[Notice no. - 20240517-8]
