Description
Groww Mutual Fund launches Nifty Chemicals ETF NFO on NSE MF Invest Platform, available for subscription from December 26, 2025 to January 09, 2026.
Summary
Groww Mutual Fund is launching the Groww Nifty Chemicals ETF New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be available for subscription from December 26, 2025 to January 09, 2026 until 11:59 PM. Both Direct and Regular plans will be offered under the same ISIN, with allotment scheduled for January 16, 2026.
Key Points
- NFO subscription period: December 26, 2025 to January 09, 2026 (until 11:59 PM)
- Two plan options available: Direct Plan and Regular Plan
- Both plans share the same ISIN: INF666M01NP5
- Category: Equity ETF
- Allotment date: January 16, 2026
- Fund house: Groww Mutual Fund
- Platform: NSE MF Invest Platform
Regulatory Changes
No regulatory changes are introduced in this circular.
Compliance Requirements
Members are required to ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before January 13, 2026 at 07:00 PM.
Important Dates
- December 24, 2025: Circular issued
- December 26, 2025: NFO subscription opens
- January 09, 2026 (11:59 PM): NFO subscription closes
- January 13, 2026 (07:00 PM): Deadline for clear funds in Clearing Corporation account
- January 16, 2026: Allotment date
Impact Assessment
This circular has minimal market impact as it is a routine announcement of a new ETF product launch. It provides investment opportunity for investors seeking exposure to the chemicals sector through a passive index-tracking instrument. The launch expands the product offerings on NSE MF Invest Platform but does not affect existing market operations or require changes to trading/settlement processes. Members need to ensure timely fund settlement for NFO subscriptions processed through their platform.
Impact Justification
Informational circular announcing a new ETF offering with no regulatory changes or compliance impact on existing market participants