The UTI INDIA NIFTY 50 INDEX ETF is now open for subscription

Subscription closes on 6 November 2026 at 11:30 am. For investors funding via FSM Auto-Sweep, orders are to be placed by 6 November 2026 at 9:30 am

FSM Global
FSM Global19 Oct 2026 123 Views
The UTI INDIA NIFTY 50 INDEX ETF is now open for subscription

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

Index   

Nifty 50 Index

Dividend Distribution

N/A

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.

Top 10 Largest Constituents (As of 17 Aug 2026)

No

Stock Name

Weighting (%)

1

HDFC Bank Ltd.

10.03 %

2

ICICI Bank Ltd.

9.11 %

3

Reliance Industries Ltd.

        7.99 %

4

Bharti Airtel Ltd.

5.38 %

5

Larsen and Toubro Ltd.

4.30 %

6

State Bank of India

3.94 %

7

Infosys Ltd.

3.59 %

8

Axis Bank Ltd.

3.17 %

9

Mahindra & Mahindra Ltd.

2.72 %

10

Bajaj Finance Ltd.

2.62 %

Manager / Trustee

Manager: UTI International (Singapore) Private Limited

Trustee: DBS Trustee Limited

Fees and Charges Payable by the Sub-Fund

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.

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.

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

Listing Date

12 November 2026

Board Lot Size

1 share

SGX Trading Name & Stock Code

USD Share Class

Primary Currency: UTI India Nifty 50 USD (NIU)

Secondary Currency: UTI India Nifty 50 SGD (NIF)

Traded Currency

USD Share Class

Primary Currency: United States dollars (US$)

Secondary Currency: Singapore dollars (S$)

Application Information

IOP Open Date

19 October 2026, 9:00 am

IOP Application using Cash Close Date

6 November 2026 at 11:30 am

IOP Application using Auto-Sweep Close Date

6 November 2026 at 9:30 am

Minimum Application Size

1,000 units and in multiples of 1,000 units

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.

 

Click Here to Go to the Prospectus

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).

All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

Please read our full disclaimers on the website at ( https://fsm.global/sg/policies/328125/investment-account-terms-&-conditions).

iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.