Description
Groww Nifty Metal ETF New Fund Offer (NFO) available for transaction on NSE MF Invest Platform from December 03, 2025 to December 17, 2025.
Summary
National Stock Exchange of India has announced the launch of Groww Nifty Metal ETF New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be available for transactions from December 03, 2025 to December 17, 2025 until 11:59 PM. The scheme offers both Direct Growth and Regular Growth options under the Equity category.
Key Points
- NFO subscription period: December 03, 2025 to December 17, 2025 (11:59 PM)
- Two scheme options available: Direct Growth (ISIN: INF666M01NI0) and Regular Growth (ISIN: INF666M01NI0)
- Both schemes categorized as Equity
- Allotment date scheduled for December 24, 2025
- Fund house: Groww Mutual Fund
- Platform: NSE MF Invest
Regulatory Changes
No regulatory changes introduced. This is a new product launch notification.
Compliance Requirements
- Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before December 19, 2025 at 07:00 PM
- Standard NFO transaction compliance applicable for all participating members
Important Dates
- NFO Opening Date: December 03, 2025
- NFO Closing Date: December 17, 2025 (11:59 PM)
- Payment Deadline: December 19, 2025 (07:00 PM)
- Allotment Date: December 24, 2025
Impact Assessment
This circular has minimal market-wide impact as it pertains to the launch of a new ETF product. The impact is primarily operational for:
- Mutual Fund Distributors: Need to make the NFO available to clients during the subscription period
- NSE Members: Must ensure payment processing compliance for NFO subscriptions
- Investors: Provides new investment opportunity for exposure to Nifty Metal index
The circular is informational in nature and represents a routine product launch rather than a significant market or regulatory development.
Impact Justification
Routine NFO launch notification for a new ETF product with limited market-wide impact, relevant primarily for mutual fund distributors and investors interested in metal sector exposure