Description
GROWW BSE POWER ETF Fund of Funds reopens for ongoing subscription, redemption, and systematic investment plans on BSE StAR MF Platform from August 8, 2025.
Summary
GROWW BSE POWER ETF Fund of Funds (FOF) will reopen for ongoing transactions on BSE StAR MF Platform effective August 8, 2025. The fund offers subscription, redemption, and systematic investment facilities across six different plan variants covering both regular and direct plans with growth and dividend options.
Key Points
- Fund reopens for ongoing transactions from August 8, 2025
- Available on BSE StAR MF Platform
- Offers subscription and redemption facilities
- Includes SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) options
- Six scheme variants available: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized under Equity category
- Unique ISIN numbers assigned to each variant
Regulatory Changes
No regulatory changes announced. This is a fund availability notification.
Compliance Requirements
Members of BSE StAR MF Platform can facilitate transactions in the specified GROWW BSE POWER ETF FOF schemes from the effective date.
Important Dates
- August 8, 2025: Effective date for ongoing transactions availability
Impact Assessment
Low impact announcement providing investment opportunity in power sector through ETF fund of funds structure. Enhances investment options available on BSE StAR MF Platform for retail and institutional investors interested in power sector exposure through diversified ETF portfolio approach.
Impact Justification
Routine mutual fund availability announcement with limited market-wide impact