SBI Mutual Fund launches SBI Nifty Midcap 150 ETF

NFO period: 16^th Mar - 24^th 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