Description
Groww Nifty Next 50 Index Fund reopened for subscriptions, redemptions, and systematic transactions effective August 26, 2025.
Summary
The Groww Nifty Next 50 Index Fund of Groww Mutual Fund will be reopened for ongoing subscriptions and redemptions along with SIP, STP, and SWP facilities on NSE MF Invest Platform effective August 26, 2025.
Key Points
- Fund reopening for ongoing transactions after temporary closure
- Six variants available: Direct and Regular options with Growth, IDCW Payout, and IDCW Reinvestment
- All systematic investment facilities (SIP, STP, SWP) will be available
- Covers equity category index fund tracking Nifty Next 50 index
Regulatory Changes
No regulatory changes. This is an operational notification regarding fund availability.
Compliance Requirements
Members can facilitate transactions in the specified fund variants through NSE MF Invest Platform from the effective date.
Important Dates
- Effective Date: August 26, 2025 - Fund reopens for ongoing transactions
Impact Assessment
Minimal market impact as this is a routine operational matter affecting one specific index fund’s transaction availability. Provides investors access to Nifty Next 50 index exposure through Groww Mutual Fund.
Impact Justification
Routine reopening of mutual fund for transactions with limited market impact