Description
GROWW Mutual Fund launches GROWW NIFTY PSE ETF FOF - NFO with SIP facility on BSE StAR MF Platform from January 23 to February 06, 2026.
Summary
GROWW Mutual Fund is launching GROWW NIFTY PSE ETF FOF - NFO with SIP facility on BSE StAR MF Platform. The NFO period runs from January 23, 2026, to February 06, 2026, offering six scheme variants (Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options). The tentative allotment date is February 13, 2026.
Key Points
- NFO offering period: January 23, 2026, to February 06, 2026
- Six scheme variants available: Regular Plan (Growth, IDCW Payout, IDCW Reinvestment) and Direct Plan (Growth, IDCW Payout, IDCW Reinvestment)
- All schemes categorized as EQUITY with unique ISINs assigned
- Tentative allotment date: February 13, 2026
- NFO extended till midnight on February 06, 2026, for lumpsum purchases only
- Clear funds must be available in ICCL Account by 6:00 PM on February 10, 2026
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Cheques and OTM payments acceptable subject to receipt of clear funds by February 10, 2026
- SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
Scheme Details
| Sr.No. | Scheme Name | Scheme Category | ISIN | Tentative Allotment Date |
|---|---|---|---|---|
| 1 | GROWW NIFTY PSE ETF FOF - REGULAR PLAN - GROWTH | EQUITY | INF666M01NU5 | 13-Feb-26 |
| 2 | GROWW NIFTY PSE ETF FOF - REGULAR PLAN - IDCW PAYOUT | EQUITY | INF666M01NV3 | 13-Feb-26 |
| 3 | GROWW NIFTY PSE ETF FOF - REGULAR PLAN - IDCW REINVESTMENT | EQUITY | INF666M01NW1 | 13-Feb-26 |
| 4 | GROWW NIFTY PSE ETF FOF - DIRECT PLAN - GROWTH | EQUITY | INF666M01NR1 | 13-Feb-26 |
| 5 | GROWW NIFTY PSE ETF FOF - DIRECT PLAN - IDCW PAYOUT | EQUITY | INF666M01NS9 | 13-Feb-26 |
| 6 | GROWW NIFTY PSE ETF FOF - DIRECT PLAN - IDCW REINVESTMENT | EQUITY | INF666M01NT7 | 13-Feb-26 |
Compliance Requirements
- Members must ensure transactions have client-initiated funds by 9:00 AM on T+1 day to avoid cancellation
- Transactions with initiated payment remain pending until 3:00 PM on last day of NFO fund payout to AMC or T+5, whichever is earlier
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Clear funds must be available in ICCL Account by 6:00 PM on February 10, 2026, for allotment eligibility
- SIP/XSIP registrations must be authenticated by clients before 3:00 PM on NFO closure date (February 06, 2026)
- Switch transactions subject to receipt of funds on or before allotment date; funds received after allotment date will not be considered
Important Dates
- NFO Start Date: January 23, 2026
- NFO End Date: February 06, 2026 (extended till midnight for lumpsum purchases)
- 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
- Transaction Cancellation Trigger: 9:00 AM on T+1 day (for transactions without client-initiated funds)
Impact Assessment
This circular has minimal market impact as it is a routine NFO launch announcement. It affects only BSE StAR MF Platform participants who wish to invest in the GROWW NIFTY PSE ETF FOF scheme. The scheme focuses on Public Sector Enterprises through an ETF Fund of Fund structure. Members and investors need to be aware of the strict fund transfer deadlines and SIP authentication requirements to ensure successful participation in the NFO.
Impact Justification
Routine NFO launch announcement for mutual fund with standard procedures and timelines; affects only mutual fund participants on BSE StAR MF platform