New Delhi: SBI Mutual Fund, India's largest asset management company, on Wednesday announced the launch of two exchange traded funds (ETFs) - SBI Nifty200 Value 30 ETF and SBI Nifty Smallcap 250 ETF.
The New Fund Offer (NFO) for both schemes will open on May 7, 2026, and close on May 18, 2026.
The SBI Nifty Smallcap 250 ETF is an open-ended ETF replicating/tracking the Nifty Smallcap 250 Index, which comprises 250 companies ranked from 251 to 500 within the Nifty 500 universe.
The index measures the performance of small-cap companies and currently accounts for approximately 5.20 per cent of the free-float market capitalisation, according to NSE.
The SBI Nifty200 Value 30 ETF is an open-ended ETF tracking the Nifty200 Value 30 Index, which captures the performance of 30 companies selected from the Nifty 200 based on value parameters such as earnings-to-price (E/P) ratio, book value-to-price ratio, sales-to-price ratio (S/P) and dividend yield.
Both schemes aim to provide returns that closely correspond to the total returns of their respective underlying indices, subject to tracking error, with no assurance of achieving the objective.
Nand Kishore, MD and CEO, SBI Funds Management Limited, said passive investing is gaining importance alongside active strategies and the new ETFs expand investor access to diversified market segments.
D P Singh, Joint CEO, said the launches broaden the fund house's passive equity suite, offering exposure to value-oriented stocks as well as the long-term growth potential of small caps.
The SBI Nifty200 Value 30 ETF and SBI Nifty Smallcap 250 ETF will each invest 95 per cent to 100 per cent of assets in index constituents, with up to 5 per cent in government securities, treasury bills, triparty repo and liquid mutual fund units.
The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter.
Viral Chhadva will manage both ETFs.