SBI Nifty Midcap150 ETF NFO Opens on NSE MF Invest Platform

The National Stock Exchange (NSE) has announced the launch of the SBI Nifty Midcap150 ETF New Fund Offer (NFO) on its NSE MF Invest Platform, giving investors an opportunity to participate in a mid-cap focused exchange-traded fund.

According to an official circular issued by the exchange on March 14, 2026, the NFO will be available for transactions on the platform from March 16, 2026 until March 24, 2026. 

The offering, launched by SBI Mutual Fund, aims to track the Nifty Midcap150 Index, providing exposure to a diversified basket of mid-cap companies.

NFO Availability Window

As per the NSE circular, the SBI Nifty Midcap150 ETF NFO will remain open for subscription through the NSE MF Invest platform for nine days.

Members and distributors using the platform can transact in the scheme during the subscription window. The exchange has also instructed participants to ensure that clear funds are received in the designated clearing corporation account by March 30, 2026, before 11:30 AM. 

Scheme Details

The NFO includes two plan options under the ETF structure:

Both schemes aim to replicate the Nifty Midcap150 Index, which tracks the performance of 150 mid-cap companies listed on the NSE.

Mid-cap ETFs have gained traction among investors looking to capture higher growth potential compared to large-cap stocks, while maintaining diversification through an index-based approach.

Read more:IPO Rule Changes May Clear Path for PhonePe, NSE, Reliance Jio Listings.

Conclusion

The launch of the SBI Nifty Midcap150 ETF NFO expands investment opportunities on the NSE MF Invest platform, allowing investors to gain passive exposure to India’s mid-cap segment.

With the subscription window open until March 24, 2026, investors and distributors have a limited period to participate in the offering before allotment is scheduled on March 30, 2026.

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.