Description
Groww Nifty Midcap 150 ETF NFO will be available for transactions on NSE MF Invest Platform from October 28, 2025 to November 11, 2025.
Summary
NSE announces the launch of Groww Nifty Midcap 150 ETF New Fund Offering (NFO) on the NSE MF Invest Platform. The NFO will be open for subscriptions from October 28, 2025 to November 11, 2025 until 11:59 PM, with allotment scheduled for November 18, 2025.
Key Points
- Two plan options available: Direct Plan and Regular Plan (both under ISIN INF666M01MV5)
- NFO subscription period: October 28, 2025 to November 11, 2025 (till 11:59 PM)
- Category: Equity ETF
- Allotment date: November 18, 2025
- Fund house: Groww Mutual Fund
- Underlying index: Nifty Midcap 150
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 on or before November 13, 2025 till 07:00 PM
- Members should facilitate transactions for clients during the NFO period on NSE MF Invest Platform
Important Dates
- NFO Start Date: October 28, 2025
- NFO End Date: November 11, 2025 (11:59 PM)
- Fund Settlement Deadline: November 13, 2025 (07:00 PM)
- Allotment Date: November 18, 2025
Impact Assessment
This is a routine product launch with minimal market impact. The circular provides operational information for NSE members to facilitate client investments in the new ETF during the NFO period. Impact is limited to members and investors interested in midcap equity exposure through ETF structure.
Impact Justification
Routine NFO launch announcement for a new ETF product on the mutual fund platform with limited market-wide impact