Description
Groww Nifty Next 50 ETF will be available for transactions on NSE MF Invest Platform from August 06, 2025 to August 20, 2025.
Summary
NSE announces the launch of Groww Nifty Next 50 ETF New Fund Offer (NFO) on the NSE MF Invest Platform. The ETF will be available for transactions from August 06, 2025, to August 20, 2025, till 11:59 pm, with allotment scheduled for August 28, 2025.
Key Points
- Two variants available: Regular Growth (ISIN: INF666M01LZ8) and Direct Growth (ISIN: INF666M01LZ8)
- Both variants categorized under Equity
- NFO period: August 06, 2025 to August 20, 2025 (till 11:59 pm)
- Allotment date: August 28, 2025
- Clear funds must be received in designated Clearing Corporation account by NFO closing date
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before NFO closing date
- Standard NSE MF Invest Platform transaction procedures apply
Important Dates
- NFO Start Date: August 06, 2025
- NFO End Date: August 20, 2025 (till 11:59 pm)
- Allotment Date: August 28, 2025
Impact Assessment
Minimal market impact as this is a routine ETF launch. The offering provides investors with exposure to Nifty Next 50 index through Groww Mutual Fund’s ETF structure. Impact limited to participants interested in this specific index exposure.
Impact Justification
Routine ETF launch notification with limited market impact