Description
Groww Mutual Fund launches 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 GROWW NIFTY CAPITAL MARKETS ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO will be available for subscription from November 14, 2025 to November 28, 2025, with both regular and direct plan options. The tentative allotment date is December 5, 2025. The NFO will be extended until midnight on November 28, 2025 for lumpsum purchases.
Key Points
- Two schemes offered: GROWW NIFTY CAPITAL MARKETS ETF and GROWW NIFTY CAPITAL MARKETS ETF - DIRECT PLAN, both under EQUITY category
- Tentative allotment date: December 5, 2025
- Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled with CC N flag reported to RTA/AMC
- Transactions with initiated payments remain pending until 3:00 PM on last NFO payout day or T+5, whichever is earlier
- Clear funds must be available in ICCL Account by 6:00 PM on December 2, 2025
- Cheques and OTM payments accepted during NFO period subject to clear funds receipt by deadline
- Extended trading hours until midnight on November 28, 2025 for lumpsum purchases
Regulatory Changes
No regulatory changes introduced. This is a standard product launch announcement.
Compliance Requirements
- Members must ensure client funds are initiated by 9:00 AM on T+1 day to avoid cancellation
- Clear funds must be available in ICCL Account by 6:00 PM on December 2, 2025 for unit allotment
- Members must report CC with N flag to RTA/AMC for cancelled transactions
- Cheque and OTM payment settlements must meet the December 2, 2025 deadline
Important Dates
- NFO Start Date: November 14, 2025
- NFO End Date: November 28, 2025 (extended until midnight for lumpsum purchases)
- Clear Funds Deadline: December 2, 2025 at 6:00 PM
- Tentative Allotment Date: December 5, 2025
- Payment Pending Deadline: 3:00 PM on last NFO payout day or T+5, whichever is earlier
- Transaction Cancellation Cutoff: 9:00 AM on T+1 day (for uninitiated funds)
Impact Assessment
Market Impact: Low - This is a routine mutual fund NFO launch with no broader market implications.
Operational Impact: Low to Medium - BSE StAR MF Platform members need to follow standard NFO procedures including fund collection timelines and cancellation protocols. The extended trading hours until midnight on the last day provides additional flexibility for lumpsum investments.
Investor Impact: Low - Provides new investment opportunity in NIFTY Capital Markets sector through ETF structure with both regular and direct plan options.
Impact Justification
Routine NFO launch announcement for mutual fund members. Standard operational information with no market-wide impact or regulatory changes.