MUTUAL FUNDS
SBI Mutual Fund files offer document for Nifty Midcap 150 Momentum 50 ETF FOF
Jun-25-2026
SBI Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘SBI Nifty Midcap 150 Momentum 50 ETF FOF’. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil. Exit load- For exit on or before 15 days from the date of allotment will be 1%; For exit after 15 days from the date of allotment will be Nil. The Scheme offers Growth option and Income Distribution cum Capital Withdrawal option for investment, and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against Nifty Midcap 150 Momentum 50 TRI. The minimum application amount during NFO will be Rs 5000 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to provide returns that closely correspond to returns provided by SBI Nifty Midcap 150 Momentum 50 ETF.

  RELATED NEWS >>