Description
GROWW BSE POWER ETF FOF will reopen for ongoing subscription, redemption, and systematic facilities on BSE StAR MF Platform from August 8, 2025.
Summary
GROWW BSE POWER ETF FOF will reopen for ongoing subscription and redemption transactions along with SIP, STP & SWP facility on BSE StAR MF Platform effective August 8, 2025. Six plan variants covering regular/direct plans with growth and IDCW options are included.
Key Points
- Reopening date: August 8, 2025
- Available facilities: Subscription, redemption, SIP, STP, and SWP
- Six scheme variants available covering regular and direct plans
- All plans focus on equity category with power sector ETF exposure
- Reference to previous notice 20250717-48
Regulatory Changes
No regulatory changes mentioned.
Compliance Requirements
Members should note the availability of these schemes for client transactions on the BSE StAR MF Platform.
Important Dates
- August 8, 2025: Effective date for reopening of ongoing transactions
Impact Assessment
Minimal market impact as this is a routine reopening of mutual fund schemes for ongoing transactions. Provides investment opportunities in power sector through ETF fund-of-funds structure for retail and institutional investors.
Impact Justification
Routine reopening of mutual fund scheme for transactions with limited market impact