Description

Groww Mutual Fund launches GROWW NIFTY METAL ETF NFO from December 03, 2025 to December 17, 2025 on BSE StAR MF Platform with allotment on December 24, 2025.

Summary

Groww Mutual Fund is launching GROWW NIFTY METAL ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO period runs from December 03, 2025 to December 17, 2025, with a tentative allotment date of December 24, 2025. Both regular and direct plan variants will be available under the equity category.

Key Points

  • NFO offers GROWW NIFTY METAL ETF and GROWW NIFTY METAL ETF - DIRECT PLAN
  • Both schemes categorized under EQUITY
  • Tentative allotment date: December 24, 2025
  • NFO extended till midnight on December 17, 2025 for lumpsum purchases
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • 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 19, 2025
  • Cheques and OTM payments accepted subject to receipt of clear funds by deadline

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clients initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 19, 2025
  • Transactions with client-initiated payment will remain pending till 3:00 PM on the last day of NFO funds payout to AMC or T+5, whichever is earlier
  • Members must process cheques and OTM payments ensuring clear funds reach ICCL account by the December 19, 2025 deadline

Important Dates

  • NFO Start Date: December 03, 2025
  • NFO End Date: December 17, 2025 (extended till midnight for lumpsum purchases)
  • Clear Funds Deadline: December 19, 2025 by 6:00 PM
  • Tentative Allotment Date: December 24, 2025

Impact Assessment

This is a routine NFO launch with minimal market impact. It provides investment opportunity in metal sector through ETF route via Groww Mutual Fund. The operational guidelines are standard for NFO processing on BSE StAR MF Platform. Members need to follow prescribed timelines for fund collection and payment to ensure successful allotment for their clients.

Impact Justification

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