Description

SBI Nifty Midcap 150 Momentum 50 ETF units are listed on BSE effective March 6, 2026, under Group B with scrip code 544722. The ETF tracks the Nifty Midcap 150 Momentum 50 Index.

Summary

BSE has announced the listing of units of SBI Nifty Midcap 150 Momentum 50 ETF, an open-ended scheme managed by SBI Funds Management Limited, effective Friday, March 6, 2026. The ETF replicates/tracks the Nifty Midcap 150 Momentum 50 Index and is admitted to dealings under the ‘B’ Group on the Exchange.

Key Points

  • Scrip Code: 544722 | Scrip ID / Abbreviated Name on BOLT: SBIMIDMOM
  • ISIN: INF200KB1AJ0
  • Total Units Listed: 14,53,000 units
  • Face Value: Rs. 10.00 per unit
  • Issue Price: Rs. 60.78 per unit
  • Date of Allotment: February 28, 2026
  • Market Lot: 1 unit
  • Group: B
  • Trading is permitted only in dematerialized form as per SEBI guidelines dated February 16, 2000
  • Trades will be executed in unit market lot (one unit)
  • Eight market makers appointed: Parwati Capital Market Pvt. Ltd., East India Securities Ltd., Kanjalochana Finserv Private Limited, Vaibhav Stock & Derivatives Broking Private Limited, Irage Broking Services LLP, Junomoneta Finsol Private Limited, SBICAP Securities Ltd., and Pashupati Capital Services Pvt. Ltd.

Regulatory Changes

No new regulatory changes introduced. Trading in units is governed by existing SEBI guidelines dated February 16, 2000, which mandate that mutual fund units be traded only in dematerialized form.

Compliance Requirements

  • Trading members must ensure all trades in SBIMIDMOM are conducted in dematerialized form only.
  • Trades must be executed in the unit market lot of one unit.
  • Members requiring clarifications may contact:
    • At the AMC: Vinaya Datar, Chief Compliance Officer & Company Secretary, SBI Funds Management Limited, Mumbai 400051
    • At the Exchange: Mr. Parag Jain, Manager — Tel: 022-2272-8685 | mf.listing@bseindia.com
    • BSE Contact: Hardik Bhuta, Associate Vice President

Important Dates

  • Date of Allotment: February 28, 2026
  • Listing / Trading Effective Date: Friday, March 6, 2026
  • Circular Date: March 5, 2026

Impact Assessment

The listing introduces a new ETF instrument on BSE that provides investors exposure to mid-cap momentum stocks via the Nifty Midcap 150 Momentum 50 Index. With 14.53 lakh units listed at an issue price of Rs. 60.78, the initial market cap is approximately Rs. 8.83 crore. The appointment of eight market makers ensures adequate liquidity support at launch. Impact is moderate for market participants interested in mid-cap momentum strategies; no adverse impact on existing trading members.

Impact Justification

Routine ETF listing circular with moderate market impact as it opens a new instrument for trading; no regulatory changes or compliance obligations imposed on existing members beyond awareness.