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UTI Nifty India New Age Consumption Index Fund NFO

9 days left   UTI Mutual Fund · Index Fund · Equity

UTI Nifty India New Age Consumption Index Fund is a new scheme from UTI Mutual Fund, in the Index Fund · Equity category. Its new fund offer runs from 22 Oct 2026 to 5 Nov 2026. The minimum investment is ₹1,000. Units are offered at ₹10 each during the offer.

The offer, as AMFI records it

Fund houseUTI Mutual Fund
CategoryIndex Fund · Equity
Scheme typeOpen Ended
NFO opens22 Oct 2026
NFO closes5 Nov 2026
Offer price₹10 per unit
Minimum investmentRs.1000 and in multiples on Rs.1
Exit loadEntry Load Nil and Exit Load Nil
Scheme information document (AMFI) ↗
Fund house: www.utimf.com

Investment objective

he 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

Quoted from the scheme's own document. An objective is what the scheme intends to do, not what it will achieve.

Reading a new fund offer

A new scheme is sold at a fixed price during its offer — here ₹10 a unit — and at its daily NAV afterwards. That fixed price is not a discount: it buys a proportionally smaller share of the same portfolio. What a new scheme genuinely lacks is a record of its own, so there is no return, no drawdown and no expense history to read yet; the objective above and the scheme information document are what exist.

Once this scheme is running you will find its NAV and performance in the Fund Explorer, and you can replay a hypothetical SIP in it with What your SIP actually did.

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