March 17, 2026
RA Jainee
📌 Fund Snapshot & Key Details
Particulars Details
Fund House SBI Mutual Fund
Scheme Type Open-ended
Category Equity: Mid Cap (ETF)
Benchmark NIFTY Midcap 150 TRI
NFO Opens 16 March 2026
NFO Closes 24 March 2026
Plan / Option Growth
Minimum Investment (Rs.) 5000
Exit Load 0
Lock-in Period NA
Riskometer Very High
Registrar Computer Age Management Services Ltd. (CAMS)
⚖️ Sahifund NFO Review
SBI Nifty Midcap 150 ETF – Growth
PLUS
• Diversified exposure to 150 midcap companies
• Higher growth potential vs large caps
• Low-cost ETF structure
• No stock selection risk
• Transparent passive strategy
MINUS
• High volatility in midcap segment
• No alpha generation (passive fund)
• Elevated valuation risk (P/E > 32)
• Deep drawdowns possible in corrections
• Entry timing is critical
Sahifund View
A high-growth passive midcap ETF suitable for long-term investors, but requires disciplined and staggered investment due to volatility.
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⏱️ Last Updated: 18 March 2026, 10.00 AM
📊 Sahifund Interpretation of the Benchmark
NIFTY Midcap 150 TRI
Index Returns (%)
Metric QTD YTD 1 Year 5 Years Since Inception
Price Return -1.93 -1.93 23.08 19.90 15.88
Total Return -1.77 -1.77 23.87 20.77 17.23
Statistics
Parameter 1 Year 5 Years Since Inception
Std. Deviation 15.54 16.57 20.83
Beta (NIFTY 50) 1.09 0.97 0.84
Correlation (NIFTY 50) 0.84 0.80 0.84
Fundamentals
P/E P/B Dividend Yield
32.56 4.42 0.82
Benchmark Portfolio Characteristics
Parameter Details
Methodology Free Float Market Capitalization
No. of Constituents 150
Launch Date 01 April 2016
Base Date 01 April 2005
Base Value 1000
Calculation Frequency Real-Time
Index Rebalancing Semi-Annually
Sahifund Insight:
The benchmark shows strong long-term returns but elevated valuation and volatility indicate uneven near-term performance.
🧠 Investment Strategy – Explained Simply
The scheme seeks to replicate the performance of the NIFTY Midcap 150 TRI by investing in the same stocks in identical proportions.
• Passive strategy
• No active stock selection
• Returns mirror index performance
👤 Sahifund Interpretation of Fund Managers & Their Performance
Fund Manager Details
Parameter Details
Fund Manager Viral Chhadva
Qualification MFM (Finance), CFA
Experience India Infoline Ltd., ICICI Securities
Sahifund Assessment:
Since this is a passive ETF, the fund manager’s role is limited to tracking accuracy, cost efficiency and replication of the index.
🎯 Suitable for Which Investors?
Suitable if you
• Want midcap exposure
• Prefer passive investing
• Have long-term horizon
• Can handle volatility
Avoid if you
• Are risk-averse
• Prefer stable returns
• Have short-term horizon
• Want active management
❓ Should You Invest in This NFO?
Yes — but staggered.
The ETF offers diversified midcap exposure, but due to high valuations and volatility, SIP or phased investment is recommended over lump sum.
Final Word:
A strong long-term midcap ETF, but success depends on entry timing and investment discipline.
⚠️ Disclaimer
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.
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