SBI Mutual Fund Launches SBI Nifty Midcap150 Momentum 50 ETF; NFO Open till February 24, 2026

SBI Mutual Fund has launched a new passive fund offering, the SBI Nifty Midcap150 Momentum 50 ETF. The scheme is an open-ended Exchange Traded Fund (ETF) that aims to replicate or track the Nifty Midcap 150 Momentum 50 Index.

The New Fund Offer (NFO) opened today and will remain open until February 24, 2026. This launch adds another index-based product to SBI Mutual Fund’s ETF lineup, focusing on momentum-driven midcap stocks.

What The New ETF Tracks

The SBI Nifty Midcap150 Momentum 50 ETF is designed to follow the Nifty Midcap 150 Momentum 50 Index. This index selects 50 stocks from the broader Nifty Midcap 150 universe based on momentum characteristics.

Momentum strategies typically aim to capture stocks that have shown strong recent performance, based on the idea that trends may continue for a period of time. However, momentum-based portfolios can also be more volatile, especially in midcap segments.

Investment Objective of SBI Nifty Midcap150 Momentum 50 ETF

The investment objective of the scheme is to generate returns that closely match the total returns of the underlying index, subject to tracking error.

As with most ETFs, the performance will depend on how efficiently the fund tracks the index, along with market movements in the midcap space.

Asset Allocation and Fund Strategy

The fund will primarily invest 95% to 100% of its assets in stocks that form part of the Nifty Midcap 150 Momentum 50 Index.

Up to 5% of the portfolio may be allocated to government securities such as G-Secs, SDLs, treasury bills, triparty repo, and units of liquid mutual funds. This small allocation is typically used for liquidity and operational purposes.

Minimum Investment and SIP Options

During the NFO period, the minimum application amount is ₹5,000, and additional investments can be made in multiples of ₹1.

After the NFO, additional purchases can be made starting from ₹1,000, and in multiples of ₹1 thereafter.

Investors can also invest through daily, weekly, or monthly SIPs. They can also choose to make a semi-annual or annual SIP in the fund. 

Fund Manager Details

The fund manager for the SBI Nifty Midcap150 Momentum 50 ETF is Viral Chhadva, who has been associated with SBI Mutual Fund since December 2020.

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Conclusion

The SBI Nifty Midcap150 Momentum 50 ETF offers investors a new way to gain exposure to momentum-focused midcap stocks through a transparent, index-based approach. While the strategy may suit investors looking for factor-driven diversification, it is important to remember that midcap momentum investing can come with higher volatility, especially during market corrections.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.