MUTUAL FUNDS
UTI MF introduces Nifty India New Age Consumption Index Fund
Oct-22-2026

UTI Mutual Fund has launched UTI Nifty India New Age Consumption Index Fund, an open-ended scheme replicating/tracking Nifty India New Age Consumption Total Return Index (TRI). The NFO opens for subscription on October 22, 2026 and closes on November 05, 2026. The Entry Load is not applicable and Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000/- and in multiples of Rs 1/- thereafter.

The performance of the scheme will be benchmarked to Nifty India New Age Consumption TRI and its fund managers are Sharwan Kumar, Ayush Jain and Lokesh Kulthia. 

The investment objective of the Scheme is to provide returns that, before expenses, correspond to the total return of the securities as represented by the underlying index, subject to tracking error.

  RELATED NEWS >>