Description

GROWW Mutual Fund launching GROWW NIFTY CAPITAL MARKETS ETF FOF - NFO with SIP facility from November 14, 2025 to November 28, 2025 on BSE StAR MF Platform.

Summary

GROWW Mutual Fund is launching GROWW NIFTY CAPITAL MARKETS ETF FOF - NFO (New Fund Offer) with SIP (Systematic Investment Plan) facility on BSE StAR MF Platform. The NFO period runs from November 14, 2025 to November 28, 2025, with tentative allotment scheduled for December 05, 2025. Six scheme variants are being offered covering Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.

Key Points

  • NFO period: November 14, 2025 to November 28, 2025
  • Six scheme variants offered: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
  • All schemes categorized under EQUITY with separate ISINs (INF666M01MJ0, INF666M01MK8, INF666M01ML6, INF666M01MG6, INF666M01MH4, INF666M01MI2)
  • Tentative allotment date: December 05, 2025
  • Clear funds must be available in ICCL Account by 6:00 PM on December 02, 2025
  • NFO extended till midnight on November 28, 2025 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled
  • Cheques and OTM payments acceptable during NFO period subject to clear funds by December 02, 2025
  • Switch transactions accepted during NFO period only if funds received on or before allotment date

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch announcement following existing mutual fund operational procedures on BSE StAR MF Platform.

Compliance Requirements

  • Members must ensure clients initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Transactions with initiated payment remain pending until 3:00 PM on last day of NFO funds payout to AMC or T+5, whichever is earlier
  • SIP/XSIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (November 28, 2025)
  • Clear funds must be available in ICCL Account by 6:00 PM on December 02, 2025 for allotment eligibility
  • For switch transactions, funds must be received under NFO scheme on or before allotment date (December 05, 2025) for allotment consideration

Important Dates

  • November 14, 2025: NFO opening date with SIP facility
  • November 28, 2025: NFO closure date (3:00 PM for SIP/XSIP authentication; extended till midnight for lumpsum purchases)
  • December 02, 2025: Deadline for clear funds in ICCL Account (by 6:00 PM)
  • December 05, 2025: Tentative allotment date
  • T+1 day: Deadline for client fund initiation at 9:00 AM (post-transaction)
  • T+5 or last NFO payout day: Pending transaction expiry deadline at 3:00 PM

Impact Assessment

Market Impact: Minimal. This is a standard NFO launch for a fund-of-funds investing in Nifty Capital Markets ETF. Impact limited to mutual fund distribution ecosystem.

Operational Impact: Low to medium for BSE StAR MF Platform members and distributors who need to process NFO transactions, manage client fund initiation timelines, and ensure compliance with payment and authentication deadlines.

Investor Impact: Provides new investment avenue for investors seeking exposure to Nifty Capital Markets index through ETF FOF structure with both lumpsum and SIP options across Regular and Direct plan variants.

Impact Justification

Routine NFO launch announcement for mutual fund schemes; impacts only mutual fund distribution members and investors interested in this specific fund offering.