Description
GROWW Mutual Fund launches GROWW MULTI ASSET ALLOCATION FUND NFO with SIP facility from September 10-24, 2025 on BSE StAR MF Platform.
Summary
GROWW Mutual Fund will launch GROWW MULTI ASSET ALLOCATION FUND as New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from September 10, 2025 to September 24, 2025. The fund offers 6 scheme variants across Regular and Direct plans with Growth and IDCW options.
Key Points
- NFO period: September 10-24, 2025
- 6 scheme variants available under GROWW MULTI ASSET ALLOCATION FUND
- All schemes categorized as EQUITY funds
- Tentative allotment date: October 1, 2025
- Extended trading till midnight on September 24, 2025 for lumpsum purchases only
- SIP/XSIP registrations must be authenticated before 3:00 PM on NFO closure date
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Clear funds must be available in ICCL Account by 6:00 PM on September 25, 2025
- Transactions without client fund initiation by 9:00 AM on T+1 will be cancelled
- Cheques & OTM payments acceptable subject to clear funds receipt by deadline
- Switch transactions must receive funds on or before allotment date
- Pending transactions will remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
Important Dates
- NFO Start: September 10, 2025
- NFO End: September 24, 2025 (extended till midnight for lumpsum)
- SIP Authentication Deadline: 3:00 PM on September 24, 2025
- Clear Funds Deadline: 6:00 PM on September 25, 2025
- Tentative Allotment: October 1, 2025
Impact Assessment
Low market impact as this is a routine mutual fund product launch. Provides additional investment options for investors seeking multi-asset allocation exposure through GROWW Mutual Fund on BSE platform.
Impact Justification
Routine mutual fund NFO launch with standard procedures