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SBI Mutual Fund Unveils Midcap Momentum ETF to Capture High-Growth Opportunities
SBI Mutual Fund launches a momentum based midcap ETF, targeting investors seeking factor driven growth exposure.
SBI Mutual Fund has launched the Nifty Midcap150 Momentum 50 ETF under a new fund offer,aiming to tap into India’s dynamic midcap segment.The ETF tracks momentum driven stocks within the Nifty Midcap150 index,focusing on companies demonstrating sustained price strength.Market experts believe the launch reflects growing investor appetite for smart beta strategies that combine disciplined stock selection with the liquidity and transparency of exchange traded funds.