Description

Groww Money Market Fund NFO will be available for transactions on NSE MF Invest Platform from November 10, 2025 to November 17, 2025.

Summary

National Stock Exchange of India announces the launch of Groww Money Market Fund NFO by Groww Mutual Fund on the NSE MF Invest Platform. The NFO will be open for subscriptions from November 10, 2025 to November 17, 2025 until 11:59 pm, with allotment scheduled for November 24, 2025. Six scheme options are available across Direct and Regular plans with Growth and IDCW (Payout/Reinvestment) variants.

Key Points

  • NFO subscription period: November 10, 2025 to November 17, 2025 (till 11:59 pm)
  • Six scheme variants offered: Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options
  • All schemes categorized as Debt funds under Money Market category
  • Allotment date for all schemes: November 24, 2025
  • Clear funds must be received in designated Clearing Corporation account by November 19, 2025 (till 07:00 pm)
  • ISINs assigned: INF666M01MW3, INF666M01MZ6, INF666M01MX1, INF666M01NA7, INF666M01MY9, INF666M01NB5

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure clear funds are received through any payment mode in the designated Clearing Corporation account on or before November 19, 2025 till 07:00 pm
  • Members to facilitate transactions for clients during the NFO period on NSE MF Invest Platform

Important Dates

  • NFO Opening Date: November 10, 2025
  • NFO Closing Date: November 17, 2025 (11:59 pm)
  • Payment Deadline: November 19, 2025 (07:00 pm)
  • Allotment Date: November 24, 2025

Impact Assessment

Low market impact. This is a routine NFO launch for a money market fund, which is a low-risk debt instrument. The circular is informational in nature, primarily relevant to NSE members, mutual fund distributors, and investors seeking to invest in money market instruments. No impact on stock trading or broader market operations. The six-scheme structure provides flexibility for different investor preferences regarding plan type (Direct/Regular) and income distribution (Growth/IDCW).

Impact Justification

Routine NFO launch notification for a money market fund with limited market-wide impact, relevant primarily to mutual fund distributors and investors interested in this specific offering