SBI MF introduces Nifty Midcap 150 Momentum 50 ETF FOF
SBI Mutual Fund (MF) has launched SBI Nifty Midcap 150 Momentum 50 ETF FOF, an open-ended fund of fund scheme investing in SBI Nifty Midcap 150 Momentum 50 ETF. The NFO opens for subscription on July 27, 2026 and closes on August 05, 2026. The Entry Load is not applicable for the scheme. The Exit Load: For exit on or before 15 days from the date of allotment: 1% and Nil -For exit after 15 days from the date of allotment. The minimum subscription amount is Rs 5000 and in multiples of Re. 1/- thereafter.
The performance of the scheme will be benchmarked against the Nifty Midcap 150 Momentum 50 TRI and its fund manager is Viral Chhadva.
The investment objective of the scheme is to provide returns that closely correspond to returns provided by SBI Nifty Midcap 150 Momentum 50 ETF.
