India, July 23 -- SBI Mutual Fund has launched a new Open Ended Growth scheme named "SBI Nifty Midcap 150 Momentum 50 ETF FOF" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jul 27 to Aug 05, 2026.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.
The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Viral Chhadva, while the performance of the scheme will be benchmarked against Nifty Midcap150 Momentum 50 Total Return.
The invest...