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News SBI Mutual Fund launches SBI Nifty Midcap 150 ETF
Mar 16, 2026
Mutual Fund
SBI Mutual Fund launches SBI Nifty Midcap 150 ETF
NFO period: 16th Mar - 24th Mar, 2026
Highlights of the NFO:
- Scheme type - An open-ended Exchange Traded Fund replicating/ tracking Nifty Midcap 150 Index
- Investment objective - The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate long term capital appreciation. Investment in securities covered by Nifty Midcap 150 Index
- Minimum Application Amount - Rs. 5,000/- and in multiples of Re. 1/- thereafter
- Plan/ Options available - The Scheme does not offer any Plans / Options for investment.
- Fund Managers - Mr. Viral Chhadva
- Benchmark - Nifty Midcap 150 TR Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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