Description

Groww Mutual Fund launches GROWW NIFTY CHEMICALS ETF NFO on BSE StAR MF Platform from December 26, 2025 to January 09, 2026 with tentative allotment on January 16, 2026.

Summary

Groww Mutual Fund is launching GROWW NIFTY CHEMICALS ETF as a New Fund Offer (NFO) on the BSE StAR MF Platform. The NFO period runs from December 26, 2025 to January 09, 2026, with tentative allotment scheduled for January 16, 2026. Both regular and direct plan variants of the equity scheme will be available for subscription.

Key Points

  • NFO period: December 26, 2025 to January 09, 2026
  • Scheme category: Equity ETF tracking NIFTY CHEMICALS index
  • Two plan variants available: Regular and Direct Plan
  • Tentative allotment date: January 16, 2026
  • Extended trading hours available till midnight on January 09, 2026 for lumpsum purchases
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Cancelled transactions will be reported to RTA/AMC with CC and N flag

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 January 13, 2026
  • Clients must initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Pending transactions (where client initiated payment) will remain in system till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
  • Cheques and OTM payments are acceptable during NFO period only if clear funds reach ICCL account by 6:00 PM on January 13, 2026

Important Dates

  • December 26, 2025: NFO opening date
  • January 09, 2026: NFO closing date (extended till midnight for lumpsum purchases)
  • January 13, 2026: Deadline for clear funds in ICCL Account by 6:00 PM
  • January 16, 2026: Tentative allotment date

Impact Assessment

This circular has minimal market impact as it announces a routine NFO launch. The impact is limited to BSE StAR MF Platform members and investors interested in sector-specific ETF exposure to the chemicals industry through the NIFTY CHEMICALS index. The availability of both regular and direct plan options provides flexibility for different investor segments. Standard operational procedures apply with clear timelines for fund settlements and transaction processing.

Impact Justification

Routine NFO launch announcement for a new ETF product on BSE mutual fund platform with standard procedures and timelines.