SBI Mutual Fund launches SBI NIFTY 1D Rate Liquid ETF Growth

NFO period: 04^th August - 07^th August, 2025

Highlights of the NFO:

• Scheme type - An open-ended Exchange Traded Fund replicating/tracking NIFTY 1D Rate Index. A relatively low interest rate risk and relatively low credit risk.


• Investment objective - The investment objective of the scheme is to generate returns, before expenses, that correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme would be achieved.


• Product suitability - This product is suitable for investors who are seeking short Term income solution. Investment in securities covered by NIFTY 1D Rate index.


• Minimum Application Amount - Rs. 5000 and in multiples of Re. 1 thereafter.


• Plan/ Options available - Currently, there are no plans under the Scheme. The scheme offers only Growth Option.


• Fund Managers - Mr. Jignesh Shah


• Benchmark - NIFTY 1D Rate Index