MFIs/MFDs/RIAs/RFDs are hereby informed that GROWW Mutual Fund will be offering GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - NFO along with SIP facility with effect from July 24, 2024, to August 07, 2024, on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No.
|
Scheme Name
|
Scheme Category
|
ISIN
|
Tentative Allotment date
|
|
1
|
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - REGULAR PLAN - IDCW REINVESTMENT
|
FOF
|
INF666M01IK6
|
14-Aug-2024
|
|
2
|
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - REGULAR PLAN - IDCW PAYOUT
|
FOF
|
INF666M01IJ8
|
14-Aug-2024
|
|
3
|
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - REGULAR PLAN - GROWTH
|
FOF
|
INF666M01II0
|
14-Aug-2024
|
|
4
|
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - DIRECT PLAN - IDCW REINVESTMENT
|
FOF
|
INF666M01IN0
|
14-Aug-2024
|
|
5
|
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - DIRECT PLAN - IDCW PAYOUT
|
FOF
|
INF666M01IM2
|
14-Aug-2024
|
|
6
|
GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - DIRECT PLAN - GROWTH
|
FOF
|
INF666M01IL4
|
14-Aug-2024
|
MFIs/MFDs/RIAs/RFDs are also hereby informed that, transactions for which the client has not initiated the funds till 9:00 AM on T + 1 day (Including transactions executed during extended period of NFO) will be cancelled and CC with N flag will be reported to the RTA/AMC. The transactions for which the client has initiated the payment will remain pending in the system till 3:00 PM on the last day of making funds pay-out to the AMC for the said NFO or T + 5 whichever is earlier.
Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on August 14, 2024, hence the clear funds have to be available in ICCL Account by 6:00pm on August 13, 2024.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on August 13, 2024, to avail the allotment of units under GROWW NIFTY EV & NEW AGE AUTOMOTIVE ETF FOF - NFO.
Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme on or before the allotment date. If funds for switch out scheme received after the NFO allotment date, then same will not be considered for allotment at AMC/RTA end.
The said NFO will be extended till midnight on August 07, 2024, only for lumpsum purchase on BSE StAR MF Platform. SIP/XSIP/ISIP registrations authentication needs to be done by clients before 3.00pm on NFO closure date.
Ketan Jantre Zeeta Eustace
Head - Trading Operations Additional General Manager – Mutual Funds |