With early signs of recovery in the equity markets, mutual funds are increasingly launching passive investment products aimed at benefiting from the resurgence of key indices. SBI Mutual Fund is set to introduce two new exchange-traded funds: the Nifty200 Value 30 ETF and the Nifty Smallcap 250 ETF.
These funds will be open for subscription starting May 7. The SBI Nifty200 Value 30 ETF is designed to mimic the performance of 30 companies selected from the Nifty 200, focusing on value metrics such as the earnings-to-price ratio, book value-to-price ratio, sales-to-price ratio, and dividend yield.
DP Singh, Joint CEO of SBI Funds Management, emphasized that the launch of these ETFs expands the equity passive suite offered by the fund house and enhances the range of solutions available to investors and distributors. He highlighted the importance of addressing distinct portfolio needs through fundamentally screened stocks that give access to the long-term growth potential of the small-cap segment.
In addition, Groww Mutual Fund has launched an ETF focused on the Nifty Private Bank index, which aims to provide investors with a transparent and rules-based approach to gaining exposure to India’s private banking sector. Over the last decade, the share of private banks in total deposits has increased from 21% to 38%, reflecting strong competitive positioning within the industry.
The NFO for the Nifty Private Bank index opened on Wednesday and includes 10 private sector banks, which are selected based on liquidity, market capitalization, and other eligibility criteria, following a free-float market capitalization weighting methodology.
Published on May 6, 2026.
