Description

Groww Mutual Fund launches GROWW NIFTY CAPITAL MARKETS ETF - NFO from November 14, 2025 to November 28, 2025 on BSE StAR MF Platform with allotment on December 05, 2025.

Summary

Groww Mutual Fund is launching GROWW NIFTY CAPITAL MARKETS ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO period runs from November 14, 2025 to November 28, 2025, with both regular and direct plan options available. The tentative allotment date is December 05, 2025. Clear funds must be available in the ICCL Account by 6:00 PM on December 02, 2025.

Key Points

  • Two scheme variants available: GROWW NIFTY CAPITAL MARKETS ETF (Regular) and GROWW NIFTY CAPITAL MARKETS ETF - DIRECT PLAN
  • Both schemes categorized as EQUITY schemes
  • NFO extended till midnight on November 28, 2025 for lumpsum purchases
  • Transactions where clients have not initiated funds till 9:00 AM on T+1 day will be cancelled and CC with N flag reported to RTA/AMC
  • Transactions with initiated payments remain pending till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt

Regulatory Changes

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

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on December 02, 2025 for unit allotment
  • For cheque and OTM payments, clear funds must be received in ICCL account by 6:00 PM on December 02, 2025
  • Members to report cancelled transactions with CC and N flag to RTA/AMC

Important Dates

  • NFO Start Date: November 14, 2025
  • NFO End Date: November 28, 2025 (extended till midnight for lumpsum purchases)
  • Funds Deadline: December 02, 2025 by 6:00 PM (clear funds in ICCL Account)
  • Tentative Allotment Date: December 05, 2025

Impact Assessment

This is a routine NFO launch with limited market impact. It provides BSE members and investors with access to a new equity ETF tracking the Nifty Capital Markets index. The impact is confined to mutual fund distribution operations on the BSE StAR MF Platform. Standard transaction and settlement procedures apply with specified timelines for fund initiation and clearance.

Impact Justification

Routine NFO launch announcement for mutual fund scheme with standard operational details for BSE members