Description
BSE announces the listing and trading commencement of Groww BSE Power ETF units effective August 7, 2025.
Summary
BSE announces the listing of Groww BSE Power ETF units, an open-ended scheme tracking the BSE Power Index – TRI, effective August 7, 2025. The ETF will trade in B Group with 6,875,558 units listed at Rs. 10 face value and issue price.
Key Points
- ETF tracks BSE Power Index – TRI
- 6,875,558 units listed with scrip code 544473
- Face value and issue price: Rs. 10 per unit
- Trading symbol: GROWWPOWER
- Market lot: 1 unit
- ISIN: INF666M01LM6
- Allotment date: August 5, 2025
- Market makers: Kanjalochana Finserve Pvt Ltd and East India Securities
Regulatory Changes
No regulatory changes announced. Standard SEBI guidelines for mutual fund units apply.
Compliance Requirements
- Units must be traded only in dematerialized form as per SEBI guidelines dated February 16, 2000
- Trading members must ensure compliance with standard ETF trading procedures
- Trades will be executed in unit market lots (minimum 1 unit)
Important Dates
- August 5, 2025: Allotment date
- August 7, 2025: Trading commencement date
Impact Assessment
The listing provides investors with a new investment avenue to gain exposure to the power sector through BSE Power Index tracking. The ETF structure offers liquidity and ease of trading for retail and institutional investors interested in power sector investments. Limited immediate market impact expected given the sector-specific nature of the fund.
Impact Justification
New ETF listing provides investment opportunity in power sector but limited immediate market impact