Description
GROWW Mutual Fund launches GROWW SMALL CAP FUND NFO with SIP facility on BSE StAR MF platform from January 08-22, 2026, with tentative allotment on January 30, 2026.
Summary
GROWW Mutual Fund will launch GROWW SMALL CAP FUND as a New Fund Offer (NFO) with SIP facility on BSE StAR MF Platform from January 08, 2026 to January 22, 2026. The fund offers six plan variants covering Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options. Tentative allotment date is January 30, 2026, requiring clear funds in ICCL Account by 6:00 PM on January 27, 2026.
Key Points
- NFO period: January 08-22, 2026 (extended till midnight on January 22 for lumpsum purchases only)
- Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
- All schemes fall under EQUITY category
- ISINs assigned: INF666M01NM2 through INF666M01NL4
- Tentative allotment date: January 30, 2026
- Clear funds must be available in ICCL Account by 6:00 PM on January 27, 2026
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
- Cheques and OTM payments accepted during NFO period subject to clear funds receipt by deadline
- Switches accepted during NFO period only if funds received on or before allotment date
Regulatory Changes
No regulatory changes. This is a routine NFO launch notification.
Compliance Requirements
For BSE Members:
- Transactions where clients have not initiated funds till 9:00 AM on T+1 day (including extended period transactions) will be cancelled
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Transactions with initiated client payments remain pending till 3:00 PM on last day of funds payout to AMC or T+5, whichever is earlier
- Ensure clear funds availability in ICCL Account by 6:00 PM on January 27, 2026
- Complete SIP/XSIP registration authentication before 3:00 PM on January 22, 2026
For Investors:
- Initiate fund payments by 9:00 AM on T+1 day to avoid transaction cancellation
- Ensure authentication of SIP/XSIP registrations before 3:00 PM on NFO closure date
- For switches, ensure funds are received before allotment date for NFO scheme consideration
Important Dates
- January 08, 2026: NFO opening date
- January 22, 2026: NFO closure date (3:00 PM for SIP/XSIP authentication; midnight for lumpsum purchases)
- January 27, 2026: Clear funds deadline in ICCL Account (6:00 PM)
- January 30, 2026: Tentative allotment date
Impact Assessment
Market Impact: Low - Routine mutual fund NFO launch with no direct impact on equity markets or trading operations.
Operational Impact: Low - Standard NFO processing procedures apply. BSE members facilitating mutual fund transactions need to follow established timelines for fund collection and payment processing.
Investor Impact: Low to Medium - Provides investment opportunity in small-cap equity segment through GROWW Mutual Fund. Investors interested in small-cap exposure have access to both regular and direct plan options with multiple IDCW variants.
Scheme Details
| Sr. No. | Scheme Name | Scheme Category | ISIN | Tentative Allotment Date |
|---|---|---|---|---|
| 1 | GROWW SMALL CAP FUND - REGULAR PLAN - GROWTH | EQUITY | INF666M01NM2 | 30-Jan-26 |
| 2 | GROWW SMALL CAP FUND - REGULAR PLAN - IDCW PAYOUT | EQUITY | INF666M01NN0 | 30-Jan-26 |
| 3 | GROWW SMALL CAP FUND - REGULAR PLAN - IDCW REINVESTMENT | EQUITY | INF666M01NO8 | 30-Jan-26 |
| 4 | GROWW SMALL CAP FUND - DIRECT PLAN - GROWTH | EQUITY | INF666M01NJ8 | 30-Jan-26 |
| 5 | GROWW SMALL CAP FUND - DIRECT PLAN - IDCW PAYOUT | EQUITY | INF666M01NK6 | 30-Jan-26 |
| 6 | GROWW SMALL CAP FUND - DIRECT PLAN - IDCW REINVESTMENT | EQUITY | INF666M01NL4 | 30-Jan-26 |
Impact Justification
Routine NFO launch notification affecting only mutual fund platform participants and investors interested in GROWW Small Cap Fund