Description
GROWW Mutual Fund launches GROWW NIFTY CAPITAL MARKETS ETF FOF - NFO with SIP facility on BSE StAR MF Platform from November 14, 2025 to November 28, 2025.
Summary
GROWW Mutual Fund is launching GROWW NIFTY CAPITAL MARKETS ETF FOF - NFO with SIP facility on BSE StAR MF Platform. The NFO period runs from November 14, 2025 to November 28, 2025, offering six plan variants across Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. The tentative allotment date is December 05, 2025.
Key Points
- Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
- All schemes categorized under EQUITY with unique ISINs assigned
- 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 receipt by December 02, 2025
- Switches accepted during NFO period subject to funds receipt on or before allotment date
Regulatory Changes
No regulatory changes introduced. This is a new product launch announcement.
Compliance Requirements
- Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction cancellation
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Clear funds must be available in ICCL Account by 6:00 PM on December 02, 2025 for unit allotment
- SIP/XSIP registrations authentication must be completed by clients before 3:00 PM on NFO closure date (November 28, 2025)
- Pending transactions will remain in system till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
Important Dates
- NFO Start Date: November 14, 2025
- NFO Closure Date: November 28, 2025
- Extended Period for Lumpsum: Till midnight on November 28, 2025
- SIP/XSIP Authentication Deadline: 3:00 PM on November 28, 2025
- Clear Funds Deadline: 6:00 PM on December 02, 2025
- Tentative Allotment Date: December 05, 2025
Impact Assessment
Market Impact: Low - This is a routine NFO launch that expands investment options for mutual fund investors interested in Nifty Capital Markets exposure through an ETF Fund of Funds structure.
Operational Impact: Medium for BSE StAR MF Platform members who need to ensure compliance with payment timelines and client authentication requirements. The specific fund receipt deadlines and cancellation procedures require operational attention.
Investor Impact: Provides new investment opportunity in capital markets sector through passive ETF FOF strategy with multiple plan options catering to different investor preferences (Regular/Direct, Growth/IDCW).
Scheme Details
| Sr. No. | Scheme Name | ISIN | Plan Type | Option |
|---|---|---|---|---|
| 1 | GROWW NIFTY CAPITAL MARKETS ETF FOF | INF666M01MJ0 | Regular | Growth |
| 2 | GROWW NIFTY CAPITAL MARKETS ETF FOF | INF666M01MK8 | Regular | IDCW Payout |
| 3 | GROWW NIFTY CAPITAL MARKETS ETF FOF | INF666M01ML6 | Regular | IDCW Reinvestment |
| 4 | GROWW NIFTY CAPITAL MARKETS ETF FOF | INF666M01MG6 | Direct | Growth |
| 5 | GROWW NIFTY CAPITAL MARKETS ETF FOF | INF666M01MH4 | Direct | IDCW Payout |
| 6 | GROWW NIFTY CAPITAL MARKETS ETF FOF | INF666M01MI2 | Direct | IDCW Reinvestment |
Impact Justification
Routine NFO launch announcement for mutual fund scheme with standard operational details, primarily informational for market participants interested in mutual fund investments.