Description

Groww Mutual Fund launches Nifty Smallcap 250 ETF NFO available for subscription on NSE MF Invest Platform from October 10-24, 2025.

Summary

The National Stock Exchange has announced the launch of Groww Nifty Smallcap 250 ETF New Fund Offer (NFO) by Groww Mutual Fund on the NSE MF Invest Platform. The NFO will be available for subscription from October 10, 2025 to October 24, 2025 until 11:59 PM. Two plan options are available: Direct Plan Growth and Regular Plan Growth, both under the equity category with allotment scheduled for October 31, 2025.

Key Points

  • NFO subscription period: October 10, 2025 to October 24, 2025 (until 11:59 PM)
  • Two schemes available: Direct Plan Growth and Regular Plan Growth
  • Both schemes share the same ISIN: INF666M01MO0
  • Category: Equity
  • Allotment date: October 31, 2025
  • Fund payment deadline: October 28, 2025 by 07:00 PM
  • Funds must be received in designated Clearing Corporation account

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account
  • Payment deadline: On or before October 28, 2025 till 07:00 PM
  • Members should facilitate transactions on NSE MF Invest Platform during the NFO period

Important Dates

  • October 09, 2025: Circular issue date
  • October 10, 2025: NFO opening date
  • October 24, 2025 (11:59 PM): NFO closing date
  • October 28, 2025 (07:00 PM): Fund payment deadline
  • October 31, 2025: Allotment date

Impact Assessment

This circular has minimal market-wide impact as it is a routine announcement of a new ETF product launch. The NFO provides investment opportunities in the Nifty Smallcap 250 index segment for investors seeking exposure to small-cap equity markets. The offering expands the product suite available on the NSE MF Invest Platform and provides both direct and regular plan options for different investor preferences. Members and distributors can facilitate client subscriptions during the 15-day offering period.

Impact Justification

Routine NFO launch notification for a new ETF product with limited market-wide impact, primarily informational for members interested in the offering