Description

GROWW Mutual Fund launches GROWW MULTI ASSET OMNI FOF NFO with SIP facility from December 03-17, 2025, offering 6 plan variants with tentative allotment on December 24, 2025.

Summary

GROWW Mutual Fund will launch GROWW MULTI ASSET OMNI FOF (Fund of Funds) as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from December 03, 2025, to December 17, 2025. The NFO offers 6 plan variants including Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. Tentative allotment date is December 24, 2025, with clear funds required in ICCL Account by 6:00 PM on December 19, 2025.

Key Points

  • NFO period: December 03-17, 2025 (extended till midnight on December 17 for lumpsum purchases only)
  • 6 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 (INF666M01NF6, INF666M01NG4, INF666M01NH2, INF666M01NC3, INF666M01ND1, INF666M01NE9)
  • Tentative allotment date: December 24, 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
  • Pending transactions remain in system till 3:00 PM on last day of AMC payout or T+5, whichever is earlier
  • Cheques and OTM payments accepted during NFO period subject to clear funds receipt
  • Switches accepted during NFO period subject to fund receipt on or before allotment date
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date

Regulatory Changes

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

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on December 19, 2025
  • Client must initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • SIP/XSIP registrations must be authenticated by clients before 3:00 PM on December 17, 2025
  • For switches, funds must be received under NFO scheme on or before December 24, 2025 (allotment date) for unit allotment consideration
  • Transactions without timely fund initiation will be cancelled and reported to RTA/AMC with CC and N flag

Important Dates

  • December 03, 2025: NFO opening date
  • December 17, 2025: NFO closure date (3:00 PM for SIP/XSIP authentication; extended till midnight for lumpsum purchases)
  • December 19, 2025: Clear funds deadline in ICCL Account (by 6:00 PM)
  • December 24, 2025: Tentative allotment date
  • T+1 day: Deadline for client fund initiation (by 9:00 AM)
  • T+5 or last AMC payout day: Pending transaction retention deadline (whichever is earlier, till 3:00 PM)

Impact Assessment

Market Impact: Low - This is a routine mutual fund NFO launch with no broader market implications. It expands investment options for BSE StAR MF Platform users interested in multi-asset fund-of-funds strategies.

Operational Impact: Medium for participating members - Members need to ensure proper fund management, client communication regarding payment timelines, and adherence to specific cutoff times for different transaction types (lumpsum vs SIP). The extended timeline for lumpsum purchases and strict SIP authentication deadline require operational coordination.

Investor Impact: Low to Medium - Provides new investment opportunity in multi-asset allocation through fund-of-funds structure with both regular and direct plan options. Investors must be aware of strict payment timelines and authentication requirements for SIP registrations to ensure successful allotment.

Impact Justification

Routine NFO launch announcement for mutual fund platform with standard operational procedures and specific timeline for GROWW fund offering