Enjoy up to S$600 cashback for investing in the UTI India Nifty 50 Index ETF

Tap into India’s Growth Story with the UTI India Nifty 50 Index ETF

Gain exposure to 50 of India’s largest and most liquid blue-chip companies through the newly launched UTI India Nifty 50 Index ETF. Operating as a feeder fund, it tracks the benchmark Nifty 50 Index by investing in the underlying UTI Nifty 50 ETF. The fund features top constituents such as HDFC Bank, ICICI Bank, and Reliance Industries, offering a simple, passive investment approach to participate in India’s expanding economic landscape.

How to Subscribe

Click here for the full article regarding subscribing to the ETF!

As part of the launch of this ETF, from 19 October 2026 to 6 November 2026, get S$12 cashback for every S$5,000 subscribed, up to a maximum of S$600 cashback when you invest in the UTI India Nifty 50 Index ETF. Investors will receive cashback according to the total amount they invest during the IOP (Initial Offer Period).

Nett Investment Amount	Cashback Amount
S$0 – S$4,999	S$0 FSM Cash Account Credits
S$5,000 – S$9,999	S$12 FSM Cash Account Credits
S$10,000 – S$14,999	S$24 FSM Cash Account Credits
S$15,000 – S$19,999	S$36 FSM Cash Account Credits
S$20,000 – S$24,999	S$48 FSM Cash Account Credits
S$250,000 and above	S$600 FSM Cash Account Credits

1.      Subscriptions must be held until the end of the trading day on 30 November 2026 in order to be eligible for the promotion.

2.      Total investment amount is calculated based on the total subscription amount, less any sell/transfer-out transactions.

3.      For purposes of this promotion, 1 USD = S$1.28.

4.      SRS investments are not eligible for this promotion. 

Terms and Conditions Apply

Cashback Promotion Terms and Conditions

1.      The Cashback Promotion (the “Promotion”) is valid from 19 October 2026 to 6 November 2026 inclusive of both dates (the “Promotional Period”).

2.      To be eligible, all subscriptions must be made before the IOP subscription deadline closes on 6 November 2026.

IOP Application using Cash Close Date	6 November 2026, 11:30am
IOP Application using Auto-Sweep Close Date	6 November 2026, 09:30am

3.      To be eligible, all subscriptions must be held until the Singapore Exchange closes on 30 November 2026.

4.      Each FSM Account Holder will be eligible for S$12 worth of cashback, credited into his/her FSM Cash Account, for every S$5,000 invested (or equivalent in the fund’s respective currency).

5.      Each FSM Account Holder is eligible for up to S$600 worth of cashback.

6.      The FSM Account must be an Active and Confirmed account to be eligible to receive the reward.

7.      Promotional cashback will be calculated and given on a net transaction basis (total subscription less any sell/transfer-out transactions).

8.      This Promotion is valid on a single account basis only; two or more FSM Accounts cannot be combined to be eligible for this Promotion.

9.      Eligible FSM Account Holders will receive the cashback within 6 weeks after the Promotional Period.

10.  If the Cashback cannot be successfully credited to the eligible participant’s account on the crediting date (including, but not limited to, inactive, suspended, or restricted accounts, or incorrect account details), FSM Global may, at its sole discretion, issue a notification email granting a specified deadline to update or reactivate the account. If the participant fails to fulfill the necessary account requirements by the deadline stated in the email and/or if no response is received within the aforementioned deadline, the Cashback shall be automatically forfeited.

11.  FSM Global reserves the right to claw back any Cashback credited if:

-          transactions are found to involve artificial manipulation intended to qualify for the Promotion; or

-          the client’s account is found to have been used in a manner inconsistent with the intent of the Promotion; or

-          the client closes their account

12.  By participating in this Promotion, the participants agree that they have read, understood and agree to be bound by all Terms and Conditions stated herein. FSM reserves the right to amend the Terms and Conditions without prior notification.

13.  The decision of FSM on all matters relating to the Promotion shall be final and any appeal will not be entertained by FSM.

Disclaimer(s)

Investment products involve risk, including the possible loss of the principal amount invested. Past performance is not indicative of future performance and yields may not be guaranteed.

All materials and contents found in this advertisement are strictly for information purposes only and should not be considered as an offer or solicitation to deal in any capital market products. You should consider carefully if the investment products you are purchasing are suitable for your investment objective, 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 products.

While iFAST Financial Pte Ltd and/or any of its third-party providers has/have tried to provide accurate and timely information, there may be inadvertent omissions, inaccuracies, and typographical errors. Opinions expressed herein are subject to change without notice.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

If you have any questions, please contact our client service hotline at +65 6557 2853.