SBI Mutual Fund has launched a new Open Ended Growth scheme named "SBI Nifty200 Value 30 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 Sep 17 to Sep 17, 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 .
The investment objective of the scheme is to seek to provide returns that closely correspond to returns provided by SBI Nifty200 Value 30 ETF. However, there is no guarantee or assurance that the investment objective of the Scheme will be achieved.