Description

Groww Mutual Fund launching GROWW NIFTY PSE ETF - NFO on BSE StAR MF Platform from January 22, 2026 to February 05, 2026 with allotment on February 12, 2026.

Summary

Groww Mutual Fund is launching the GROWW NIFTY PSE ETF - NFO (New Fund Offer) on the BSE StAR MF Platform. The NFO will be available from January 22, 2026 to February 05, 2026, with a tentative allotment date of February 12, 2026. Both regular and direct plan options are available under the equity scheme category.

Key Points

  • GROWW NIFTY PSE ETF and GROWW NIFTY PSE ETF - DIRECT PLAN will be offered under the equity scheme category
  • NFO period: January 22, 2026 to February 05, 2026 (extended till midnight on February 05, 2026 for lumpsum purchases)
  • Tentative allotment date: February 12, 2026
  • Transactions without client-initiated funds by 9:00 AM on T+1 day will be cancelled and reported to RTA/AMC with CC with N flag
  • Transactions with initiated payments remain pending until 3:00 PM on the last day of funds payout to AMC or T+5, whichever is earlier
  • Cheques and OTM payments are acceptable during NFO period

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on February 09, 2026
  • Clients must initiate funds by 9:00 AM on T+1 day to avoid transaction cancellation
  • Cheques and OTM payments must result in clear funds in ICCL account by 6:00 PM on February 09, 2026 to avail allotment

Important Dates

  • January 22, 2026: NFO opening date
  • February 05, 2026: NFO closing date (extended till midnight for lumpsum purchases)
  • February 09, 2026: Deadline for clear funds in ICCL Account (by 6:00 PM)
  • February 12, 2026: Tentative allotment date

Impact Assessment

This circular has minimal market impact as it is a routine announcement for a new mutual fund ETF offering. It provides operational information for BSE members participating in the mutual fund segment. The NFO expands investment options for investors seeking exposure to the NIFTY PSE index through Groww Mutual Fund’s ETF product.

Impact Justification

Routine announcement of a new ETF fund offer from Groww Mutual Fund. Informational for members participating in mutual fund trading on BSE platform.