Description
Groww Mutual Fund's Nifty PSE ETF Fund of Fund NFO will be available for subscription on NSE MF Invest Platform from January 23, 2026 to February 06, 2026.
Summary
Groww Mutual Fund is launching the Groww Nifty PSE ETF Fund of Fund (FOF) New Fund Offer (NFO) on the NSE MF Invest Platform. The NFO will be open for subscription from January 23, 2026 to February 06, 2026 till 11:59 PM. The scheme offers six plan options across Direct and Regular categories with Growth and IDCW (Income Distribution cum Capital Withdrawal) variants.
Key Points
- NFO subscription period: January 23, 2026 to February 06, 2026 (11:59 PM)
- Allotment date: February 13, 2026 for all schemes
- Six scheme variants available: Direct and Regular plans with Growth, IDCW Payout, and IDCW Reinvestment options
- Category: Equity schemes
- Payment deadline: Clear funds must be received by February 10, 2026 at 07:00 PM in the designated Clearing Corporation account
Scheme Details
| Scheme Name | ISIN | Category | Allotment Date |
|---|---|---|---|
| Groww Nifty PSE ETF FOF - Direct Growth | INF666M01NR1 | Equity | 13.02.2026 |
| Groww Nifty PSE ETF FOF - Direct IDCW Payout | INF666M01NS9 | Equity | 13.02.2026 |
| Groww Nifty PSE ETF FOF - Direct IDCW Reinvestment | INF666M01NT7 | Equity | 13.02.2026 |
| Groww Nifty PSE ETF FOF - Regular Growth | INF666M01NU5 | Equity | 13.02.2026 |
| Groww Nifty PSE ETF FOF - Regular IDCW Payout | INF666M01NV3 | Equity | 13.02.2026 |
| Groww Nifty PSE ETF FOF - Regular IDCW Reinvestment | INF666M01NW1 | Equity | 13.02.2026 |
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Exchange members must ensure clear funds are received through any payment mode in the designated Clearing Corporation account on or before February 10, 2026 at 07:00 PM
- Transactions can be processed on the NSE MF Invest Platform during the NFO period
Important Dates
- NFO Opening Date: January 23, 2026
- NFO Closing Date: February 06, 2026 (11:59 PM)
- Payment Deadline: February 10, 2026 (07:00 PM)
- Allotment Date: February 13, 2026
Impact Assessment
This is a routine NFO launch with limited market impact. The circular provides operational information for exchange members to facilitate investor subscriptions to the new Groww Nifty PSE ETF Fund of Fund schemes. The launch expands investment options for investors seeking exposure to public sector enterprises through an ETF fund of fund structure. No impact on existing securities or trading operations.
Impact Justification
Routine NFO launch notification for a new mutual fund scheme with no regulatory changes or market-wide impact.