Description
GROWW Mutual Fund launches GROWW NIFTY PSE ETF FOF NFO with SIP facility from January 23, 2026 to February 06, 2026 on BSE StAR MF Platform.
Summary
GROWW Mutual Fund is launching GROWW NIFTY PSE ETF FOF (Fund of Fund) as a New Fund Offering (NFO) with Systematic Investment Plan (SIP) facility on the BSE StAR MF Platform. The NFO period runs from January 23, 2026 to February 06, 2026, offering six plan variants across Regular and Direct categories with different dividend options. The tentative allotment date is February 13, 2026.
Key Points
- GROWW NIFTY PSE ETF FOF NFO launches with 6 scheme variants (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options)
- NFO period: January 23, 2026 to February 06, 2026
- All schemes categorized as EQUITY with unique ISINs assigned
- Tentative allotment date: February 13, 2026
- Extended trading hours available till midnight on February 06, 2026 for lumpsum purchases only
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Cheques and OTM payments accepted subject to clear funds receipt
- Switch transactions accepted during NFO period with specific fund receipt requirements
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch notification.
Compliance Requirements
For BSE Members:
- Clear funds must be available in ICCL Account by 6:00 PM on February 10, 2026
- Transactions without client fund initiation by 9:00 AM on T+1 day will be cancelled and reported to RTA/AMC with CC and N flag
- Pending transactions remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
- SIP/XSIP registration authentication must be completed by clients before 3:00 PM on February 06, 2026
Payment Terms:
- Cheques and OTM payments acceptable during NFO period only if clear funds received in ICCL account by 6:00 PM on February 10, 2026
- For switch transactions: funds must be received on or before allotment date for NFO allotment consideration
Important Dates
- NFO Start Date: January 23, 2026
- NFO End Date: February 06, 2026
- NFO Extended Period (Lumpsum only): Till midnight on February 06, 2026
- SIP/XSIP Authentication Deadline: 3:00 PM on February 06, 2026
- Clear Funds Deadline: 6:00 PM on February 10, 2026
- Tentative Allotment Date: February 13, 2026
Impact Assessment
Market Impact: Low - This is a routine mutual fund NFO launch affecting only BSE StAR MF Platform participants.
Operational Impact: Low to Medium for BSE members dealing with mutual funds. Members need to ensure:
- Proper fund collection timelines from clients
- SIP authentication processes are completed within deadlines
- Clear fund availability in ICCL accounts by the specified deadline
- Awareness of extended trading hours for lumpsum transactions
Investor Impact: Provides new investment opportunity in Public Sector Enterprises through ETF Fund of Fund structure with multiple plan options catering to different investor preferences (growth vs dividend, regular vs direct plans).
Scheme Details
| Sr.No. | Scheme Name | Scheme Category | ISIN |
|---|---|---|---|
| 1 | GROWW NIFTY PSE ETF FOF - REGULAR PLAN - GROWTH | EQUITY | INF666M01NU5 |
| 2 | GROWW NIFTY PSE ETF FOF - REGULAR PLAN - IDCW PAYOUT | EQUITY | INF666M01NV3 |
| 3 | GROWW NIFTY PSE ETF FOF - REGULAR PLAN - IDCW REINVESTMENT | EQUITY | INF666M01NW1 |
| 4 | GROWW NIFTY PSE ETF FOF - DIRECT PLAN - GROWTH | EQUITY | INF666M01NR1 |
| 5 | GROWW NIFTY PSE ETF FOF - DIRECT PLAN - IDCW PAYOUT | EQUITY | INF666M01NS9 |
| 6 | GROWW NIFTY PSE ETF FOF - DIRECT PLAN - IDCW REINVESTMENT | EQUITY | INF666M01NT7 |
Impact Justification
Routine NFO launch notice for mutual fund scheme with standard operational details for BSE members