Description

GROWW Mutual Fund launches GROWW NIFTY SMALLCAP 250 ETF NFO from October 10-24, 2025, on BSE StAR MF Platform with allotment on October 31, 2025.

Summary

GROWW Mutual Fund is launching GROWW NIFTY SMALLCAP 250 ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO period runs from October 10, 2025, to October 24, 2025, with both regular and direct plan options available. Tentative allotment is scheduled for October 31, 2025.

Key Points

  • GROWW NIFTY SMALLCAP 250 ETF NFO offered in both regular and direct plan variants
  • NFO period: October 10, 2025, to October 24, 2025
  • Extended trading available until midnight on October 24, 2025, for lumpsum purchases only
  • Tentative allotment date: October 31, 2025
  • Scheme category: Equity
  • Clear funds must be available in ICCL Account by 6:00 PM on October 28, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Cheques and OTM payments accepted subject to clear funds receipt by October 28, 2025, 6:00 PM

Regulatory Changes

No regulatory changes announced. This is a standard NFO launch notification.

Compliance Requirements

For Members:

  • Ensure client funds are initiated by 9:00 AM on T+1 day to avoid cancellation and CC with N flag reporting to RTA/AMC
  • Pending transactions (where payment initiated) will remain in system until 3:00 PM on the last NFO pay-out date or T+5, whichever is earlier
  • Ensure clear funds availability in ICCL Account by 6:00 PM on October 28, 2025, for allotment
  • Process cheque and OTM payments ensuring clear fund receipt by the deadline

Important Dates

  • NFO Start Date: October 10, 2025
  • NFO End Date: October 24, 2025 (extended until midnight for lumpsum purchases)
  • Clear Funds Deadline: October 28, 2025, by 6:00 PM
  • Tentative Allotment Date: October 31, 2025
  • Fund Initiation Cutoff: 9:00 AM on T+1 day for each transaction

Impact Assessment

Market Impact: Low - This is a routine NFO launch for a smallcap index ETF, representing normal mutual fund platform operations.

Operational Impact: Low to Medium for participating members - Members need to ensure compliance with payment timelines and fund availability requirements. Standard NFO processing procedures apply with specific attention to the October 28, 2025, clear funds deadline for allotment eligibility.

Investor Impact: Low - Provides new investment option in Nifty Smallcap 250 index through ETF structure with both regular and direct plan options available.

Impact Justification

Routine NFO launch announcement for mutual fund platform with standard operational procedures; impacts only mutual fund platform participants