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
- 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 Frequently asked questions
What is UTI Nifty India New Age Consumption Index Fund?
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.
What is the open date of UTI Nifty India New Age Consumption Index Fund NFO?
The NFO of UTI Nifty India New Age Consumption Index Fund opens for subscription on 21 Oct 2026.
What is the close date of UTI Nifty India New Age Consumption Index Fund NFO?
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.
What is the minimum lumpsum investment in UTI Nifty India New Age Consumption Index Fund?
The minimum lumpsum investment in UTI Nifty India New Age Consumption Index Fund is ₹1,000.
What is the minimum SIP amount for UTI Nifty India New Age Consumption Index Fund?
The minimum SIP amount for UTI Nifty India New Age Consumption Index Fund is ₹500 per SIP installment.
Who is the fund manager of UTI Nifty India New Age Consumption Index Fund?
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.
Is UTI Nifty India New Age Consumption Index Fund a good investment?
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.
What type of fund is UTI Nifty India New Age Consumption Index Fund?
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).
Is there a lock-in period or exit load for UTI Nifty India New Age Consumption Index Fund?
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.