Description

SBI Nifty Midcap150 ETF NFO will be available on NSE MF Invest Platform from March 16 to March 24, 2026. Members must ensure clear funds are received by March 30, 2026.

Summary

NSE has informed all members about the launch of the SBI Nifty Midcap150 ETF NFO by SBI Mutual Fund on the NSE MF Invest Platform. The NFO subscription window is open from March 16, 2026 to March 24, 2026 (till 11:59 PM). Both Direct and Regular Growth plans are available under the scheme.

Key Points

  • SBI Nifty Midcap150 ETF NFO is available on NSE MF Invest Platform from March 16 to March 24, 2026
  • Two plans offered: Direct Growth Plan (ISIN: INF200KB1AK8) and Regular Growth Plan (ISIN: INF200KB1AK8)
  • Both plans fall under the Equity category
  • Allotment date for both plans is March 30, 2026
  • Clear funds must be received in the designated Clearing Corporation account by March 30, 2026 at 11:30 AM

Regulatory Changes

No regulatory changes. This is a standard NFO launch circular for informational purposes to NSE members.

Compliance Requirements

  • Members must ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before March 30, 2026 by 11:30 AM.
  • Members facilitating transactions in this NFO must adhere to the specified subscription window (March 16–24, 2026).

Important Dates

  • March 16, 2026: NFO subscription opens on NSE MF Invest Platform
  • March 24, 2026 (11:59 PM): NFO subscription closes
  • March 30, 2026 (11:30 AM): Deadline for clear funds to be received in Clearing Corporation account
  • March 30, 2026: Allotment date for both Direct and Regular Growth plans

Impact Assessment

This circular has medium impact for NSE members participating in mutual fund distribution via the NSE MF Invest Platform. The launch of SBI Nifty Midcap150 ETF provides investors exposure to the Nifty Midcap 150 index through an ETF structure. Members need to operationally ensure timely fund transfers to facilitate client subscriptions within the NFO window. No broader market or systemic impact is anticipated.

Impact Justification

Routine NFO launch announcement for a new ETF on NSE MF Invest Platform. Relevant to members transacting in mutual funds but not a market-wide regulatory change.