Description
Groww Nifty Midcap 150 Index Fund will be reopened for ongoing subscriptions, redemptions, SIP, STP, and SWP facility on NSE MF Invest Platform effective November 17, 2025.
Summary
The National Stock Exchange of India has announced that the Groww Nifty Midcap 150 Index Fund of Groww Mutual Fund will be reopened for ongoing subscriptions and redemptions on the NSE MF Invest Platform effective November 17, 2025. The fund will support SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities.
Key Points
- Groww Nifty Midcap 150 Index Fund reopening for ongoing transactions
- Available on NSE MF Invest Platform from November 17, 2025
- Six scheme variants available: Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All schemes categorized under Equity
- Facilities available: Subscriptions, Redemptions, SIP, STP, and SWP
Scheme Details
The following six variants of the Groww Nifty Midcap 150 Index Fund will be available:
- Direct Growth (ISIN: INF666M01MP7)
- Direct IDCW Payout (ISIN: INF666M01MQ5)
- Direct IDCW Reinvestment (ISIN: INF666M01MR3)
- Regular Growth (ISIN: INF666M01MS1)
- Regular IDCW Payout (ISIN: INF666M01MT9)
- Regular IDCW Reinvestment (ISIN: INF666M01MU7)
All schemes fall under the Equity category.
Regulatory Changes
No regulatory changes. This is an operational update regarding scheme availability.
Compliance Requirements
No specific compliance requirements for members. This is an informational circular notifying members of the fund’s availability for transactions.
Important Dates
- Circular Date: November 14, 2025
- Effective Date: November 17, 2025 - Fund reopens for ongoing transactions
Impact Assessment
This circular has minimal market impact as it pertains to the operational availability of a specific mutual fund scheme. The reopening provides investment opportunities for retail and institutional investors interested in midcap index fund exposure through the NSE MF Invest Platform. The availability of SIP, STP, and SWP facilities enhances investment flexibility for participants.
Impact Justification
Routine circular announcing the reopening of a mutual fund scheme for transactions. Limited impact to general market participants, primarily relevant to investors interested in this specific fund.