Description
Groww Nifty Midcap 150 Index Fund NFO will be available for transactions on NSE MF Invest Platform from October 28, 2025 to November 11, 2025.
Summary
National Stock Exchange of India has announced the launch of Groww Nifty Midcap 150 Index Fund NFO by Groww Mutual Fund on the NSE MF Invest Platform. The NFO will be available for transactions from October 28, 2025 to November 11, 2025 until 11:59pm. Six scheme variants are being offered including Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options.
Key Points
- NFO transaction period: October 28, 2025 to November 11, 2025 (until 11:59pm)
- Six scheme variants available: Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized as Equity funds
- Allotment date for all schemes: November 18, 2025
- Unique ISIN codes assigned to each scheme variant
- Clear funds must be received in designated Clearing Corporation account by November 13, 2025 (until 07:00pm)
Scheme Details
| Scheme Name | ISIN | Category | Allotment Date |
|---|---|---|---|
| Groww Nifty Midcap 150 Index Fund Direct Growth | INF666M01MP7 | Equity | November 18, 2025 |
| Groww Nifty Midcap 150 Index Fund Direct IDCW Payout | INF666M01MQ5 | Equity | November 18, 2025 |
| Groww Nifty Midcap 150 Index Fund Direct IDCW Reinvestment | INF666M01MR3 | Equity | November 18, 2025 |
| Groww Nifty Midcap 150 Index Fund Regular Growth | INF666M01MS1 | Equity | November 18, 2025 |
| Groww Nifty Midcap 150 Index Fund Regular IDCW Payout | INF666M01MT9 | Equity | November 18, 2025 |
| Groww Nifty Midcap 150 Index Fund Regular IDCW Reinvestment | INF666M01MU7 | Equity | November 18, 2025 |
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Exchange members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account
- Payment deadline: November 13, 2025 until 07:00pm
- Members should facilitate NFO transactions on NSE MF Invest Platform during the specified period
Important Dates
- October 27, 2025: Circular issued
- October 28, 2025: NFO transaction period begins
- November 11, 2025: NFO subscription closes (11:59pm)
- November 13, 2025: Payment deadline for clear funds (07:00pm)
- November 18, 2025: Allotment date for all scheme variants
Impact Assessment
This is a routine NFO launch with limited market-wide impact. The launch provides investors with a new passive investment option tracking the Nifty Midcap 150 Index through Groww Mutual Fund. The availability of multiple plan options (Direct/Regular) and payout structures (Growth/IDCW) caters to different investor preferences. Members and distributors should update their systems to accommodate the new scheme codes and facilitate smooth transactions during the NFO period.
Contact Information
- Toll Free Number: 1800 2100 940
- Email: support@nseinvest.com
Impact Justification
Routine NFO launch announcement for a new mutual fund scheme with standard operational timelines. Limited market-wide impact, relevant primarily for mutual fund investors and distributors.