MUTUAL FUNDS
SBI Mutual Fund files offer document for NIFTY 1D Rate Liquid ETF - Growth
Jun-19-2025
SBI Mutual Fund has filed offer document with SEBI to launch an open-ended exchange traded fund named ‘SBI NIFTY 1D Rate Liquid ETF - Growth ‘. The New Fund Offer price for units would be at Rs 1000 per unit during the NFO period. Entry load and Exit load will be nil. The Scheme offers only Growth Option for investment, and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty 1D Rate Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate returns, before expenses, that correspond to the returns of the NIFTY 1D Rate Index, subject to tracking error.

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