Description

BSE announces listing of SBI Nifty Midcap 150 Momentum 50 ETF units (Scrip Code 544722) under Group B effective March 6, 2026, with 1,453,000 units at an issue price of Rs. 60.78 per unit.

Summary

BSE has notified trading members that units of SBI Nifty Midcap 150 Momentum 50 ETF, an open-ended scheme tracking the Nifty Midcap 150 Momentum 50 Index, will be listed and admitted to dealings on the Exchange effective Friday, March 6, 2026, under Group B. The ETF is managed by SBI Funds Management Limited.

Key Points

  • Scrip Code: 544722 | Scrip ID / Abbreviated Name: SBIMIDMOM
  • ISIN: INF200KB1AJ0
  • Number of Units Listed: 1,453,000
  • Face Value: Rs. 10.00 per unit
  • Issue Price: Rs. 60.78 per unit
  • Date of Allotment: March 2, 2026
  • Market Lot: 1 unit
  • Group: B
  • Trading is permitted only in dematerialized form as per SEBI guidelines dated February 16, 2000
  • Eight market makers designated including SBICAP Securities Ltd, Parwati Capital Market Pvt. Ltd., East India Securities Ltd., and others

Regulatory Changes

No new regulatory changes introduced. The listing adheres to existing SEBI guidelines (dated February 16, 2000) requiring mutual fund units to be traded only in dematerialized form.

Compliance Requirements

  • Trading members must trade this scrip exclusively in dematerialized form
  • Trades must be executed in unit market lot (i.e., one unit)
  • Members requiring clarification may contact Mr. Parag Jain (Manager) at BSE: 022-2272-8685 or mf.listing@bseindia.com, or the AMC Compliance Officer Vinaya Datar at SBI Funds Management Limited

Important Dates

  • Date of Allotment: March 2, 2026
  • Listing / Trading Effective Date: March 6, 2026 (Friday)
  • Notice Date: March 5, 2026

Impact Assessment

This is a standard ETF listing notice with moderate market impact. Investors seeking exposure to midcap momentum stocks now have a new listed vehicle on BSE. The presence of eight market makers should support adequate liquidity. No disruption to existing trading operations is expected. The low face value (Rs. 10) relative to the issue price (Rs. 60.78) reflects NAV-based pricing typical of ETFs.

Impact Justification

Routine ETF listing notice relevant to investors interested in midcap momentum exposure; affects trading members and market makers but involves no regulatory changes or compliance obligations beyond standard demat trading rules.