NSE04 Aug 2026circularPrepared by Complied AI

Mutual Fund Service System Settlement Calendar for September 2026

Official title

MFSS- Settlement Calendar for September 2026

Official record

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What changed

NSE Clearing Limited has released the settlement calendar for the Mutual Fund Service System (MFSS) for September 2026. The circular details the schedules for subscription (Settlement Type 'S'), liquid subscription (Settlement Type 'K'), and redemption (Settlement Type 'U') orders. Participants are required to adhere to the specified pay-in and pay-out dates for funds and units as outlined in the respective annexures. Funds settlement for subscription and redemption orders is contingent upon the specific scheme category, which participants must verify via the scheme master. The calendar covers all trading days throughout September 2026.

Who is affected: All participants of the Mutual Fund Service System (MFSS).
Required action: Participants must verify the category of the scheme in the scheme master to determine the applicable funds settlement day.
Key dates: Commencement of September 2026 settlement schedule — 31 Aug 2026
Thresholds: Subscription order value of Rs. 2 lakhs or more for the DBTCR category.

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source: National Stock Exchange of India
Type: circular
Published by source: 04 Aug 2026
Document number: NCL/MFSS/ 75582
Issuing division: NSE Clearing Limited
Effective date: 31 Aug 2026
Coverage area: securities

Document text

Prepared for reading; wording retained from the source.

Verify official record

NSE Clearing Limited

SEGMENT: MUTUAL FUND SERVICE SYSTEM
Download Ref No: NCL/MFSS/ 75582	Date: August 05, 2026
Circular Ref. No: 0288/2026

All Participants,

Sub: MFSS - Settlement Calendar for September 2026

It is hereby notified that the Clearing Corporation will observe the settlement schedules for September 2026 as per the annexure given below:

The settlement schedule for MFSS Subscription (Settlement Type ‘S’) is placed in Annexure ‘A’.
The settlement schedule for MFSS Liquid Subscription (Settlement Type ‘K’) is placed in Annexure ‘B’.
The settlement schedule for MFSS Redemption (Settlement Type ‘U’) is placed in Annexure ‘C’.

Category codes for scheme category along with funds settlement day for subscription and redemption orders are given in Annexure ‘D’.

For and on behalf of NSE Clearing Limited

Onkar Phadnavis Vice President

Toll Free No	Email id
1800 266 0050	mfss_clearing@nsccl.co.in

Annexure 'A'

SETTLEMENT CALENDAR MFSS - SUBSCRIPTION (T+1)

Settlement Type	Settlement No.	Subscription order date	Payin / payout of Funds	Payin / payout of units
S	2026164	01-Sep-26	01-Sep-26	02-Sep-26
S	2026165	02-Sep-26	02-Sep-26	03-Sep-26
S	2026166	03-Sep-26	03-Sep-26	04-Sep-26
S	2026167	04-Sep-26	04-Sep-26	07-Sep-26
S	2026168	07-Sep-26	07-Sep-26	08-Sep-26
S	2026169	08-Sep-26	08-Sep-26	09-Sep-26
S	2026170	09-Sep-26	09-Sep-26	10-Sep-26
S	2026171	10-Sep-26	10-Sep-26	11-Sep-26
S	2026172	11-Sep-26	11-Sep-26	15-Sep-26
S	2026173	15-Sep-26	15-Sep-26	16-Sep-26
S	2026174	16-Sep-26	16-Sep-26	17-Sep-26
S	2026175	17-Sep-26	17-Sep-26	18-Sep-26
S	2026176	18-Sep-26	18-Sep-26	21-Sep-26
S	2026177	21-Sep-26	21-Sep-26	22-Sep-26
S	2026178	22-Sep-26	22-Sep-26	23-Sep-26
S	2026179	23-Sep-26	23-Sep-26	24-Sep-26
S	2026180	24-Sep-26	24-Sep-26	25-Sep-26
S	2026181	25-Sep-26	25-Sep-26	28-Sep-26
S	2026182	28-Sep-26	28-Sep-26	29-Sep-26
S	2026183	29-Sep-26	29-Sep-26	30-Sep-26
S	2026184	30-Sep-26	30-Sep-26	01-Oct-26

Note: Funds settlement for subscription orders will take place depending on the fund’s settlement day for the scheme category, viz. T Day where T is the transaction date. Participants are requested to check the category of scheme in scheme master.

Annexure 'B'

SETTLEMENT CALENDAR LIQUID - SUBSCRIPTION(T day Units

Settlement Type	Settlement No.	Subscription order date	Payin/payout of Funds	Payin / payout of units
K	2026164	01-Sep-26	01-Sep-26	01-Sep-26
K	2026165	02-Sep-26	02-Sep-26	02-Sep-26
K	2026166	03-Sep-26	03-Sep-26	03-Sep-26
K	2026167	04-Sep-26	04-Sep-26	04-Sep-26
K	2026168	07-Sep-26	07-Sep-26	07-Sep-26
K	2026169	08-Sep-26	08-Sep-26	08-Sep-26
K	2026170	09-Sep-26	09-Sep-26	09-Sep-26
K	2026171	10-Sep-26	10-Sep-26	10-Sep-26
K	2026172	11-Sep-26	11-Sep-26	11-Sep-26
K	2026173	15-Sep-26	15-Sep-26	15-Sep-26
K	2026174	16-Sep-26	16-Sep-26	16-Sep-26
K	2026175	17-Sep-26	17-Sep-26	17-Sep-26
K	2026176	18-Sep-26	18-Sep-26	18-Sep-26
K	2026177	21-Sep-26	21-Sep-26	21-Sep-26
K	2026178	22-Sep-26	22-Sep-26	22-Sep-26
K	2026179	23-Sep-26	23-Sep-26	23-Sep-26
K	2026180	24-Sep-26	24-Sep-26	24-Sep-26
K	2026181	25-Sep-26	25-Sep-26	25-Sep-26
K	2026182	28-Sep-26	28-Sep-26	28-Sep-26
K	2026183	29-Sep-26	29-Sep-26	29-Sep-26
K	2026184	30-Sep-26	30-Sep-26	30-Sep-26

Annexure 'C'

SETTLEMENT CALENDAR MFSS - REDEMPTION

Settlement Type	Settlement No.	Redemption order date	Transfer of units
U	2026164	01-Sep-26	01-Sep-26
U	2026165	02-Sep-26	02-Sep-26
U	2026166	03-Sep-26	03-Sep-26
U	2026167	04-Sep-26	04-Sep-26
U	2026168	07-Sep-26	07-Sep-26
U	2026169	08-Sep-26	08-Sep-26
U	2026170	09-Sep-26	09-Sep-26
U	2026171	10-Sep-26	10-Sep-26
U	2026172	11-Sep-26	11-Sep-26
U	2026173	15-Sep-26	15-Sep-26
U	2026174	16-Sep-26	16-Sep-26
U	2026175	17-Sep-26	17-Sep-26
U	2026176	18-Sep-26	18-Sep-26
U	2026177	21-Sep-26	21-Sep-26
U	2026178	22-Sep-26	22-Sep-26
U	2026179	23-Sep-26	23-Sep-26
U	2026180	24-Sep-26	24-Sep-26
U	2026181	25-Sep-26	25-Sep-26
U	2026182	28-Sep-26	28-Sep-26
U	2026183	29-Sep-26	29-Sep-26
U	2026184	30-Sep-26	30-Sep-26

The funds settlement for the redemption orders shall be as per scheme category pay-out guideline. Funds settlement for redemption orders will take place depending on the funds settlement day for the scheme category, viz T+1, T+2, T+3, T+4, T+5, T+6, T+7, T+8 where T is the transaction date and 1, 2, 3, 4, 5, 6, 7 & 8 are the number of days after the transaction date in which the redemption order has been placed.
Participants are requested to check the category of scheme in scheme master.

Annexure 'D'

Scheme Category Codes

Category Code	Category Name	Funds settlement day for subscription order	Funds settlement day for redemption order
BALNC	Balance Fund	T Day	T+3
BLNC1	Balance Fund	T Day	T+1
BLNC3	Balance Fund	T Day	T+3
DBTCR	Subscription order value >= Rs. 2 lakhs	T Day	NA
DEBT1	Debts Fund	T Day	T+1
DEBT2	Debts Fund	T Day	T+2
DEBT3	Debts Fund	T Day	T+3
DEBTS	Debts Fund	T Day	T+3
DEBT4	Debts Fund	T Day	T+4
EQTY1	Equity Fund	T Day	T+1
EQTY2	Equity Fund	T Day	T+2
EQITY	Equity Fund	T Day	T+3
EQTY4	Equity Fund	T Day	T+4
EQTY5	Equity Fund	T Day	T+5
EQTY6	Equity Fund	T Day	T+6
FFOET	FFO Exchange Traded Fund	T Day	NA
FNDF1	Fund of Fund	T Day	T+1
FNDF3	Fund of Fund	T Day	T+3
FNDF4	Fund of Fund	T Day	T+4
FNDF5	Fund of Fund	T Day	T+5
FNDF7	Fund of Fund	T Day	T+7
FNDF8	Fund of Fund	T Day	T+8
FNDOF	Fund of Fund	T Day	T+3
HLIQD	Liquid Historical Fund	T Day	NA
LIQET	Liquid ETF	T Day	T+1
LIQID	Liquid Fund	T Day	T+1
NFOBL	New Fund offer-Balance	T Day	NA
NFODB	New Fund offer-Debt	T Day	NA
NFOEQ	New Fund offer-Equity	T Day	NA
NFOET	NFO Exchange Traded Fund	T Day	NA
NFOFF	NFO Fund of Fund	T Day	NA

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