Groww BSE Hospitals ETF NFO Closes Today, February 25, 2026

The Groww BSE Hospitals ETF, launched by Groww Mutual Fund, is closing its New Fund Offer (NFO) subscription window today, February 25, 2026. The scheme was introduced earlier this month with the objective of tracking the BSE Hospitals Index.

The fund aims to mirror the index by investing in its constituent securities in the same proportion and weightage, subject to tracking error. The ETF is part of Groww Mutual Fund’s expanding passive product lineup in the healthcare segment.

Scheme Objective and Index Tracking Approach

The stated investment objective of the Groww BSE Hospitals ETF is to generate long‑term capital growth by investing in securities that form part of the BSE Hospitals Index. The fund will replicate the index’s composition with the aim of providing total returns before expenses that closely track the benchmark.

Tracking error may arise due to factors such as transaction costs, liquidity conditions, and execution efficiency. The scheme document clarifies that there is no guarantee that the investment objective will be achieved, consistent with standard ETF disclosures.

Fund Structure, Category, And Key Features

The scheme has been classified as an open‑ended exchange‑traded fund under the “Other ETFs” category. As an open‑ended structure, the ETF allows ongoing creation and redemption of units with authorised participants.

The NFO opened on February 11, 2026, marking its launch date as part of Groww Mutual Fund’s offerings. The earliest closure date and the final NFO closure date have both been set as February 25, 2026, indicating a single‑day window for final subscriptions.

Subscription Requirements and Cost Structure

The minimum subscription amount for investors has been set at ₹500. Additional investments can be made in multiples of ₹1 thereafter, offering accessibility for a wide range of participants.

The scheme carries no entry or exit load, making the cost structure straightforward for investors once the ETF is listed. The absence of loads aligns with the typical structure of exchange‑traded funds across the mutual fund industry.

Industry Context and Healthcare Exposure

The ETF provides exposure to the BSE Hospitals Index, which represents companies engaged in hospital operations and related healthcare services. Index‑linked products in the healthcare space allow investors to participate in the performance of the sector without engaging in individual stock selection.

The fund’s structure is designed to mirror the movements of the benchmark index in a transparent manner. The offering also broadens the range of sector‑specific passive investment products available to investors in the Indian market.

Read More: Apollo Hospitals PAT Rises 35% in Q3 FY26 Results.

Conclusion

The closure of the Groww BSE Hospitals ETF NFO today marks the final day for initial subscriptions into the scheme. The fund aims to provide investors with index‑linked returns by tracking the BSE Hospitals Index through an open‑ended ETF format.

With a minimum subscription threshold of ₹500 and no associated loads, the product maintains a simple and accessible structure. The ETF will proceed to listing and ongoing operations in line with the passive fund framework.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.