
Introducing UTI INDIA NIFTY 50 INDEX ETF
The UTI INDIA NIFTY 50 INDEX ETF investment objective is to track, as closely as possible, before fees and expenses, the returns of the Nifty 50 Index (the “Index”), by investing in units of the UTI Nifty 50 Exchange Traded Fund (the “Nifty 50 ETF” or the “Underlying Fund”)
The Fund is a Feeder Fund and seeks to achieve its investment objective by investing all or substantially all of its Net Asset Value into the Underlying Fund via the primary market (i.e. through creation and redemption applications with the Underlying Fund) and/or the secondary market (i.e. through the NSE and BSE on which the Underlying Fund is listed) and/or through any permissible means available to the Fund under prevailing laws and regulations.
Key ETF Information
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Index |
Nifty 50 Index |
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Dividend Distribution |
N/A |
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Investment Objective |
The investment objective of the Underlying Fund is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The Underlying Fund will track the Index and will use a “passive” or indexing approach to endeavour to achieve Underlying Fund’s investment objective. The Underlying Fund Manager does not make any judgments about the investment merit of a particular stock or a particular industry segment nor will it attempt to apply any economic, financial or market analysis. |
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Top 10 Largest Constituents (As of 17 Aug 2026) |
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Manager / Trustee |
Manager: UTI International (Singapore) Private Limited Trustee: DBS Trustee Limited |
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Fees and Charges Payable by the Sub-Fund |
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Management Fee |
Up to 0.43% per annum of the Company Asset; Maximum: 0.43% per annum of the Company Asset. The Management Fee is retained by the Manager as the Manager does not pay any trailer fees with respect to the Fund. |
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Investment Management and Advisory Fees, Trustee Fee, Audit Fees, Custodian Fees and other fees and costs |
Up to 1.00% of the net assets of the Underlying Fund. The maximum total expense ratio permissible under Regulations 52(6)(c) of the SEBI (Mutual Funds) Regulations, 2026 is 1.00%. The actual expenses for the previous financial year ended 31 March 2025 is 0.05%. The expense ratios of the Underlying Fund would be updated at least three working/business days prior to the effective date of the change and investors may refer to https://www.utimf.com/downloads/fater-mfs for Total Expense Ratio (TER) details of the Underlying Fund. |
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Other Fees and Charges |
Other fees and charges, including inter alia Custodian, Registrar and Fund Administration fees may each amount to or exceed 0.10% per annum, depending on the proportion that each fee or charge bears to the Company Asset. |
ETF Listing and Trading Information
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Listing Date |
12 November 2026 |
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Board Lot Size |
1 share |
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SGX Trading Name & Stock Code |
USD Share Class Primary Currency: UTI India Nifty 50 USD (NIU) Secondary Currency: UTI India Nifty 50 SGD (NIF) |
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Traded Currency |
USD Share Class Primary Currency: United States dollars (US$) Secondary Currency: Singapore dollars (S$) |
Application Information
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IOP Open Date |
19 October 2026, 9:00 am |
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IOP Application using Cash Close Date |
6 November 2026 at 11:30 am |
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IOP Application using Auto-Sweep Close Date |
6 November 2026 at 9:30 am |
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Minimum Application Size |
1,000 units and in multiples of 1,000 units |
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Subscription Price |
USD 1.0000[1] per unit for USD Share Class |
How to Buy
1. Clients to fund their Multi-Currency Cash Account for the total subscription amount including the processing fees and GST of 9%.
2. Login to FSM Global and proceed to subscribe online:
· Select Live Trading > Stocks & ETFs > IPOs/Placements
· Indicate your quantity of shares and select the payment method
· Read and acknowledge the declaration
· Key in password and click submit
3. Upon the completion of the IOP subscription, clients will receive an acknowledgment email regarding the IOP subscription order.
4. Upon the completion of the allocation, we will notify clients of the final allocation results.
5. FSM Global will send clients a subscription confirmation email once the details are confirmed by our dealers.
6. The allotment for this issue will be in full, subject to receipt and clearance of subscription monies. There will be no balloting.
Other important notes:
· IOP subscription fee: 0.08% + GST on the subscription amount
· Only personal accounts can apply for the subscription
· Please note that after confirming your order placement (with the investment amount in Cash Account), your subscription / application cannot be cancelled.
Terms and Conditions:
1. This offering is open from 19 October 2026 to 6 November 2026. To be eligible, orders must be placed before 11:30am on 6 November 2026 for Cash Account subscription. To subscribe for the ETF IOP using monies in the Auto-Sweep Account, orders must be placed before 9:30am on 6 November 2026.
2. The subscription must meet the minimum investment amount as set out above.
3. CPFIS-OA, CPFIS-SA, SRS and RSP transactions are not eligible.
4. FSM Global reserves the right to amend the Terms and Conditions without prior notification. All matters and disputes will be subject to the final decision of the company.
If you have any questions, please contact our client service hotline at +65 6557 2853.
[1] The Issue Price of each Unit during the Initial Offer Period is US$1.0000 for USD Share Class (or such other amount as may be determined by Manager from time to time with the prior approval of the Trustee).

