Description

NSE admits units of SBI Nifty Midcap 150 Momentum 50 ETF (symbol: SBIMIDMOM) for trading on the Capital Market segment effective March 06, 2026. The ETF has 1,453,000 units with ISIN INF200KB1AJ0 at an issue price of Rs. 60.78.

Summary

NSE has admitted units of SBI Nifty Midcap 150 Momentum 50 ETF, managed by SBI Funds Management Limited, for dealings on the Capital Market segment effective March 06, 2026. The ETF trades under the symbol SBIMIDMOM with ISIN INF200KB1AJ0.

Key Points

  • ETF symbol: SBIMIDMOM
  • ISIN: INF200KB1AJ0
  • Total units listed: 1,453,000
  • Face value per unit: Rs. 10/-
  • Issue price: Rs. 60.78/-
  • Market lot: 1 unit
  • Date of allotment: March 02, 2026
  • Series: EQ
  • Eight market makers designated to provide liquidity

Regulatory Changes

No new regulatory changes introduced. Listing is in pursuance of Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • All NSE members must use the designated security code (SBIMIDMOM) for trading.
  • Trading must be conducted in the specified lot size of 1 unit.
  • Market makers (Parwati Capital Market Private Limited, East India Securities, Kanjalochana Finserve Private Limited, Vaibhav Stock & Derivatives Broking Private Limited, iRage Broking Services, Junomoneta Finsol Private Limited, Sbicap Securities Limited, Pashupati Capital Services Pvt. Ltd.) are obligated to provide liquidity per their respective TM codes.

Important Dates

  • March 02, 2026: Date of allotment of ETF units
  • March 06, 2026: Effective date for trading on NSE Capital Market segment

Impact Assessment

This listing provides NSE investors access to a new midcap momentum ETF from SBI Mutual Fund, tracking the Nifty Midcap 150 Momentum 50 Index. With a market lot of 1 unit and eight market makers assigned, liquidity is expected to be reasonable. The issue price of Rs. 60.78 per unit makes it accessible to retail investors. Impact is moderate, relevant primarily to investors seeking midcap momentum exposure through a passive ETF structure.

Impact Justification

Routine ETF listing circular with specific trading details; relevant to investors interested in midcap momentum ETFs but limited broad market impact.