Description
Groww Nifty PSU Bank Index Fund will be reopened for ongoing subscriptions, redemptions, and SIP/STP/SWP facility on NSE MF Invest Platform from March 27, 2026.
Summary
NSE has informed its members that the Groww Nifty PSU Bank Index Fund of Groww Mutual Fund will be reopened for ongoing subscriptions and redemptions, along with SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facility on the NSE MF Invest Platform, effective March 27, 2026.
Key Points
- Groww Nifty PSU Bank Index Fund reopens for ongoing transactions on NSE MF Invest Platform from March 27, 2026
- Both Direct and Regular plan variants are included across Growth, IDCW Payout, and IDCW Reinvestment options
- SIP, STP, and SWP facilities will also be available
- All six scheme variants fall under the Equity category
Regulatory Changes
No regulatory changes. This is an operational notification regarding the availability of a mutual fund scheme for transactions on the NSE MF Invest Platform.
Compliance Requirements
No specific compliance requirements for members beyond being aware of the availability of these schemes for client transactions on the NSE MF Invest Platform from the effective date.
Important Dates
- March 27, 2026: Effective date for reopening of Groww Nifty PSU Bank Index Fund for ongoing subscriptions, redemptions, SIP, STP, and SWP on NSE MF Invest Platform
Impact Assessment
Minimal market impact. This is a routine operational update enabling investors to transact in six variants of the Groww Nifty PSU Bank Index Fund through the NSE MF Invest Platform. The schemes are:
| Sr. No | Scheme Name | ISIN | Category |
|---|---|---|---|
| 1 | Groww Nifty PSU Bank Index Fund - Direct - Growth | INF666M01OH0 | Equity |
| 2 | Groww Nifty PSU Bank Index Fund - Direct - IDCW Payout | INF666M01OI8 | Equity |
| 3 | Groww Nifty PSU Bank Index Fund - Direct - IDCW Reinvestment | INF666M01OJ6 | Equity |
| 4 | Groww Nifty PSU Bank Index Fund - Regular - Growth | INF666M01OK4 | Equity |
| 5 | Groww Nifty PSU Bank Index Fund - Regular - IDCW Payout | INF666M01OL2 | Equity |
| 6 | Groww Nifty PSU Bank Index Fund - Regular - IDCW Reinvestment | INF666M01OM0 | Equity |
Impact Justification
Routine operational announcement for reopening of a mutual fund scheme for ongoing transactions; limited to members using NSE MF Invest Platform with no broader market or compliance implications.