Details as of: 1 November 2026
- Open until 5 Nov 2026 (opened 22 Oct 2026)
- Offer price: ₹10 per unit
- Minimum investment: ₹1,000
- Exit load: NIL
- Benchmark: Nifty India New Age Consumption – TRI
- At least 95% must be in Securities covered by Nifty India New Age Consumption Index
The UTI Nifty India New Age Consumption Index Fund NFO is open until 5 November 2026. It opened for subscription on 22 October 2026. The scheme offers units at an offer price of ₹10. Investors can participate with a minimum investment of ₹1,000.
UTI Nifty India New Age Consumption Index Fund NFO: key details
| Fund house | UTI Mutual Fund |
| Category | Index Funds – Other |
| Opens | 22 October 2026 |
| Closes | 5 November 2026 |
| Offer price | ₹10 per unit |
| Minimum investment | ₹1,000, then ₹1,000 in multiples of ₹1 |
| SIP | Daily from ₹500 (6 instalments); Monthly from ₹500 (6 instalments); Weekly from ₹500 (6 instalments); Quarterly from ₹1,500 (4 instalments) |
| Exit load | NIL |
| Benchmark | Nifty India New Age Consumption – TRI |
| Fund managers | Sharwan Kumar Goyal, Ayush Jain, Lokesh Kulthia |
| Plans | Regular and Direct plans, with Growth option |
What the scheme says it will invest in
The scheme states its objective as follows.
The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking error.However, there is no assurance that the investment objective of the scheme will be achieved.
| Where the money goes | Minimum | Maximum |
|---|---|---|
| Securities covered by Nifty India New Age Consumption Index | 95% | 100% |
| Money Market Instruments, including Tri-Party Repo on G-Sec or T-bills, cash & cash equivalents or Liquid category of MF | 0% | 5% |
The scheme plans to invest at least 95% of its assets in securities covered by the Nifty India New Age Consumption Index. It will allocate the remaining 0% to 5% to money market instruments, including cash and cash equivalents. The largest minimum allocation is 95% in index securities.
How it compares with existing funds
| Measure | Value |
|---|---|
| Funds in the category | 227 |
| Average 1-year return (184 funds) | −5.07% |
| Average 3-year return, a year (66 funds) | 12.02% |
| Highest 1-year return: ICICI Pru NASDAQ 100 Index Fund | 21.44% |
| Average expense ratio of Direct plans (214 funds) | 0.54% (range 0.16%–2.41%) |
| Fund | NFO period | Assets (₹ crore) | NAV now (Direct Growth) | Change on offer price |
|---|---|---|---|---|
| Quant Nifty Midcap 150 Index Fund | 12 October 2026 – 26 October 2026 | – | ₹9.96 (30 October 2026) | −0.44% |
| Quant Nifty 100 Index Fund | 12 October 2026 – 26 October 2026 | – | ₹10.12 (30 October 2026) | 1.21% |
| Kotak Nifty 500 Index Fund | 5 October 2026 – 19 October 2026 | – | ₹10.15 (29 October 2026) | 1.50% |
| Aditya Birla Sun Life BSE Total Market Index Fund | 30 September 2026 – 14 October 2026 | – | ₹10.08 (30 October 2026) | 0.80% |
| Motilal Oswal Nifty REITs & Realty Index Fund | 25 September 2026 – 9 October 2026 | – | ₹9.77 (30 October 2026) | −2.34% |
| Invesco India Nifty Chemical Index Fund | 15 September 2026 – 29 September 2026 | – | ₹9.37 (30 October 2026) | −6.29% |
| Invesco India Nifty India Defence Index Fund | 15 September 2026 – 29 September 2026 | – | ₹9.36 (30 October 2026) | −6.37% |
| HDFC BSE REITS and Commercial Real Estate Index Fund | 15 September 2026 – 17 September 2026 | 32 | ₹9.45 (30 October 2026) | −5.54% |
Existing funds in the category show an average 1-year return of −5.07% across 184 funds. The average expense ratio for 214 funds is 0.54%. Among earlier NFOs, the HDFC BSE REITS and Commercial Real Estate Index Fund holds assets of ₹32 crore, with a current NAV of ₹9.45.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Sharwan Kumar Goyal | Fund Manager | 10 Years |
| Ayush Jain | Assistant Fund Manager | 4 Years |
| Lokesh Kulthia | Assistant Fund Manager | 4 Years |
UTI Nifty India New Age Consumption Index Fund NFO: FAQs
When does the UTI Nifty India New Age Consumption Index Fund NFO open and close?
The NFO opens on 22 Oct 2026 and closes on 5 Nov 2026.
What is the minimum investment in the UTI Nifty India New Age Consumption Index Fund NFO?
The minimum investment is ₹1,000. Further amounts are ₹1,000 in multiples of ₹1. SIPs: Daily from ₹500 (6 instalments); Monthly from ₹500 (6 instalments); Weekly from ₹500 (6 instalments); Quarterly from ₹1,500 (4 instalments).
What is the exit load of the UTI Nifty India New Age Consumption Index Fund?
The scheme states its exit load as: NIL
Who manages the UTI Nifty India New Age Consumption Index Fund?
The fund is managed by Sharwan Kumar Goyal, Ayush Jain, Lokesh Kulthia.
Which plans does the UTI Nifty India New Age Consumption Index Fund have?
Regular and Direct plans, with Growth option.
What does the NFO offer price mean?
The offer price is the price per unit at which units are allotted during the NFO, here ₹10. It is not a measure of value, and the fund has no track record to judge until it has run for some time.
What is the benchmark of the UTI Nifty India New Age Consumption Index Fund?
The scheme’s benchmark is the Nifty India New Age Consumption – TRI.
Scheme terms from the offer documents; fund data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.