NFO Alert: SBI Mutual Fund launches SBI NIFTY200 Momentum 30 Index Fund; view subscription dates, minimum investment amounts and other key details
SBI Mutual Fund is the largest mutual fund house in the country, launching the SBI NIFTY200 Momentum 30 Index Fund by Assets Under Management (AUM) (AUM). The new fund product (NFO) provides an opportunity to invest 30′ high momentum from its parent Nifty200 index, which includes large and medium-cap stocks, selected based on their “normalized momentum” score.
The release released by the company said that the normalized momentum score for each company is adjusted based on its 6-month and 12-month price returns.
It added that using the stock’s normalized momentum score and free-flowing market cap to determine stock weights, no stock is more than 5% of its weight or five times its free-flowing 200 index based on.
SBI NIFTY200 Momentum 30 Index Fund: Subscription Date
The program opens its subscription today, June 23, 2025, and will be closed on July 3, 2025.
SBI NIFTY200 Momentum 30 Index Fund: Minimum Investment
The minimum investment for the scheme is Rs 5,000, in multiples of RE. 1 After that, an additional rupees were purchased. 1,000, multiple. After that 1. Investing can also be done through daily, weekly, monthly, quarterly, semi-annual and annual SIP (System Investment Plan).
SBI NIFTY200 Momentum 30 Index Fund: Fund Allocation Breakup
The program will invest primarily 95%, investing up to 100% of its assets in stocks including the Nifty 200 Momentum 30 Index, which can be used for up to government securities such as G-SEC, SDLS and fiscal bills, including the third-tier reserves and units of liquid mutual funds.
The investment goal of the program is to provide returns corresponding to the total securities return represented by the underlying index, but follow the tracking error. However, there is no guarantee or guarantee that the investment objectives of the program will be achieved.
At the launch of SBI Funds Management at the time of NAND KISHORE, NAND KISHORE, SBI Funds Management said: “The Nifty200 Momentum 30 index is designed to reflect the performance of the top 30 highmomentum stocks in the NIFTY200 Universe, which is a method of selecting recent price performance and the latest price adjusted return.”
He added that the SBI NIFTY200 Momentum 30 Index Fund provides investors with opportunities to access momentum-driven strategies that can improve return potential in a diversified portfolio.
The new fund will be managed by Viral Chhadva, who has been in touch with the foundation since December 2020.
