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UTI Nifty India New Age Consumption Index Fund NFO

Growth

EquityIndex Fund
Very High RiskPrincipal investment will be at very high risk

UTI Nifty India New Age Consumption Index Fund Key Offer Details

Opening date
22 Oct 2026
Closing date
05 Nov 2026
Scheme type
Open-Ended
NAV
₹10
Min. invst.
₹1,000
Min. SIP
₹1,000

About UTI Nifty India New Age Consumption Index Fund

Index funds invests in stocks that emulate a market index like NSE Nifty, BSE Sensex, etc. They invest in the same securities which are present in underlying index. These funds aim to offer returns comparable to the index they track.

UTI Nifty India New Age Consumption Index Fund Scheme Info

Plan
Direct
Lock in
None
Exit Load
0%
NIL
Base Exp. Ratio
0%
Benchmark
Nifty India New Age Consumption - TRI

UTI Nifty India New Age Consumption Index Fund Scheme Objective

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.

AMC Profile of UTI Nifty India New Age Consumption Index Fund

UTI AMC commenced operations from February 1, 2003. It has been promoted by four sponsors, namely, SBI, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank and each of them hold 25% of the paid up capital of UTI AMC.

Total AUM
₹ 2,59,868.56 Cr
No. of schemes
71

UTI Nifty India New Age Consumption Index Fund Manager Profile

UTI Nifty India New Age Consumption Index Fund Peers

UTI Nifty India New Age Consumption Index Fund Peers & Comparison

Comparing 4 mutual funds from 
EquityIndex Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
UTI Nifty 50 Index Fund-11.42%6.11%11.14%
HDFC Nifty 50 Index Fund-11.50%6.05%11.24%
ICICI Pru Nifty 50 Index Fund(IDCW Payout)-11.45%6.05%11.11%
SBI Nifty Index Fund(IDCW-Payout)-11.48%6.06%10.87%

Frequently asked questions

  1. UTI Nifty India New Age Consumption Index Fund is an open-ended Index Fund scheme launched by UTI Asset Management Company Private Limited, investing primarily in Equity. It is benchmarked against Nifty India New Age Consumption - TRI and offered in Direct and Regular plans with Growth and IDCW options.

  2. The NFO of UTI Nifty India New Age Consumption Index Fund opens for subscription on 21 Oct 2026.

  3. The NFO of UTI Nifty India New Age Consumption Index Fund closes for subscription on 05 Nov 2026. Applications must be submitted before this date for allotment at the NFO offer price.

  4. The minimum lumpsum investment in UTI Nifty India New Age Consumption Index Fund is ₹1,000.

  5. The minimum SIP amount for UTI Nifty India New Age Consumption Index Fund is ₹500 per SIP installment.

  1. UTI Nifty India New Age Consumption Index Fund is managed by Sharwan Kumar Goyal, Ayush Jain, Lokesh Kulthia, who has 10 years of fund management experience and also manages 23 other schemes at UTI Asset Management Company Private Limited.

  2. UTI Nifty India New Age Consumption Index Fund is a new scheme with no performance track record yet, so it should be evaluated on Sharwan Kumar Goyal, Ayush Jain, Lokesh Kulthia's experience, UTI Asset Management Company Private Limited's record on similar schemes, the fund's Equity strategy, and fit with an investor's existing portfolio — not past returns.

  3. UTI Nifty India New Age Consumption Index Fund is categorized as a Index Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).

  4. UTI Nifty India New Age Consumption Index Fund has no lock-in period and an exit load of 0% if redeemed within any holding period of investment.