SBI Mutual Fund just rolled out the SBI BSE India Defence ETF FOF, giving investors a way to back India's growing defense sector.
The NFO runs from November 16 to 30, 2026, and mainly invests in the SBI BSE India Defence ETF, which tracks stocks representing the defense theme.
Minimum ₹5,000 for NFO subscriptions
You can start with ₹5,000 during the NFO and add more in ₹1,000 chunks.
Managed by Viral Chhadva, the fund also puts a small part into safe options like government securities.
SBI MF's MD & CEO Debasish Mishra says this launch is all about supporting self-reliance and tapping into policy focus for defense, but like any investment, there are no guarantees on returns.
If you exit within 15 days, there's a 1% fee.