Description
Groww Mutual Fund launching GROWW NIFTY CAPITAL MARKETS ETF NFO from November 14-28, 2025 on BSE StAR MF Platform with allotment on December 5, 2025.
Summary
Groww Mutual Fund is launching a New Fund Offer (NFO) for GROWW NIFTY CAPITAL MARKETS ETF on the BSE StAR MF Platform. The NFO will be open from November 14, 2025 to November 28, 2025, with tentative allotment scheduled for December 5, 2025. Both regular and direct plan options will be available.
Key Points
- Two scheme variants available: GROWW NIFTY CAPITAL MARKETS ETF and GROWW NIFTY CAPITAL MARKETS ETF - DIRECT PLAN (both equity category)
- NFO period: November 14, 2025 to November 28, 2025
- Extended trading hours: NFO extended till midnight on November 28, 2025 for lumpsum purchases
- Tentative allotment date: December 5, 2025
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled with CC and N flag reported to RTA/AMC
- Payment-initiated transactions remain pending until 3:00 PM on last NFO payment date or T+5, whichever is earlier
- Cheques and OTM payments accepted during NFO period subject to fund clearance requirements
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch notification.
Compliance Requirements
- Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 2, 2025
- Clients must initiate funds by 9:00 AM on T+1 day to avoid cancellation
- For cheque and OTM payments, clear funds must be received in ICCL account by 6:00 PM on December 2, 2025 to avail unit allotment
- Members must report cancelled transactions (CC with N flag) to RTA/AMC for unfunded client transactions
Important Dates
- November 14, 2025: NFO opening date
- November 28, 2025: NFO closing date (extended till midnight for lumpsum purchases)
- December 2, 2025, 6:00 PM: Deadline for clear funds in ICCL Account
- December 5, 2025: Tentative allotment date
- T+1 day, 9:00 AM: Deadline for client fund initiation to avoid cancellation
- T+5 or last NFO payment date, 3:00 PM: Pending transaction deadline (whichever is earlier)
Impact Assessment
Market Impact: Low - This is a routine NFO launch that provides investors with a new ETF investment option tracking the Nifty Capital Markets index.
Operational Impact: Low to Medium for BSE StAR MF platform members who will need to process NFO transactions according to specified timelines and payment requirements. Standard NFO procedures apply with clear cutoff times for fund settlement and allotment.
Impact Justification
Routine NFO launch notification for a new ETF scheme with standard procedural details for BSE StAR MF platform members