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Mutual fund investors cannot buy or sell on Budget

 Investors will not able to buy and redeem mutual fund units on February 28 even as stock markets remain open on Saturday when Finance Minister Arun Jaitley will present the much-awaited Union Budget.

"It will be a non-business day for mutual funds on the Budget day. An investor cannot buy and sell MF products on a non-business day," an industry source said.

Generally, Saturdays and Sundays are non-business days for mutual funds (courtesy by PTI)