UTI India Nifty 50 Index ETF VCC

Initial Offering Period (IOP) from 19 Oct to 5 Nov 2026

Invest Now

Why India

7.0% GDP Growth Forecast

India's GDP grew by 7.8% YoY in Apr–Jun 2026, with the IMF projecting 7.0% growth for FY2026–27, reinforcing its position as one of the fastest-growing major economies.

17% of Global Growth

India is projected to contribute approximately 17% of global real GDP growth in 2026 on a purchasing power parity (PPP) basis, highlighting its role in the global economy.

US$4.1 Trillion Economy

India's nominal GDP is projected at approximately US$4.1 trillion in 2026, reflecting the scale of its economy.

Inflation Within RBI's Tolerance Band

India's CPI inflation stood at 5.54% in Sep 2026, within the RBI's 2–6% tolerance band while the fiscal deficit is budgeted to decline to 4.3% of GDP in FY2026–27.

Strong Domestic Consumption

India's economic growth is driven by domestic consumption (~57% of GDP), remains a key growth anchor.

About the Nifty 50

Nifty 50 captures the core of India’s economic engine

The Nifty 50 is the National Stock Exchange of India’s flagship benchmark index, tracking the country’s large-cap companies across a diversified range of sectors. This ETF provides exposure to the index through a feeder fund structure — the SGX-listed VCC invests into the domestic UTI Nifty 50 ETF, which holds the underlying constituent stocks.

50

Leading large-cap companies of India

~54%

Representation of the NSE free-float market cap

*As of 31 Mar 2026

15

Broad Sectors Represented (As per NSE Classification)

52.3%

Top 10 weight. The top 10 constituents heavily dominate the index

*As of 30 Sep 2026

12.3%

The Nifty 50 Index achieved an annualised total return of 12.3% in USD over 25 years, as of 30 September 2026. 

Past performance is not indicative of future returns.

Sector Constituents

SectorWeight (%)
Financial Services37.5
Consumer Goods & Services11.4
Oil, Gas & Consumable Fuels9.4
Information Technology7.5
Automobile and Auto Components6.7
Construction & Construction Materials6.5
Others (Power, Services, Capital Goods)6.3
Telecommunication5.1
Metals & Mining4.9
Healthcare4.7

*As of 30 Sep 2026

Why Invest in UTI India Nifty 50 Index ETF VCC

India’s 50 blue-chip leaders, wrapped in an efficient, diversified ETF

First Nifty 50 ETF on SGX

A Singapore-listed ETF tracking the Nifty 50 Index, and the first India Nifty 50 ETF to receive MAS approval.

Trade in USD & SGD

Listed on SGX with one USD share class and dual-currency trading in USD and SGD during Singapore market hours.

Backed by an Established Master Fund

Feeds into the domestic UTI Nifty 50 ETF, with US$7.7 billion AUM (as of 31 Jul 2026) and sub-5bps daily rolling tracking error.

Tax-Efficient Structure

Singapore-domiciled VCC feeder designed to benefit from the India–Singapore DTAA, exempted from Indian capital gains tax of 20% (STCG) / 12.5% (LTCG) on direct investment.

Events Lineup

Why India, Why Now: Accessing the Nifty 50 on SGX

20 Oct, Tue 2026 07:00 PM - 08:00 PM

Mr Jermyn Wong | CEO | UTI International Singapore

Phillip Investor Centre @ Raffles City Tower

Why India, Why Now: Accessing the Nifty 50 on SGX

20 Oct, Tue 2026 07:00 PM - 08:00 PM

Mr Jermyn Wong | CEO | UTI International Singapore

Zoom

How to Subscribe to the ETF During the IOP via POEMS 2.0

  1. Log in to your POEMS 2.0, then navigate to ‘Account Management’ > ‘Online Forms’ > ‘IPO Subscription – Irrevocable Form’ or click here.
  2. Select the IPO you wish to subscribe to.
  3. Review and accept the prospectus, terms, and conditions before subscribing to the financial product.
  4. Applications close at 5pm on 5 November 2026, Thursday.
  5. Ensure sufficient funds are available in your POEMS Account to complete the application process by 5pm on 5 November 2026, Thursday.
Prospectus
PHS
Subscription Period19 Oct 2026 to 5 Nov 2026
Listing Date12 Nov 2026
Subscription PriceUSD 1.00 per share
Minimum Quantity1,000 (in increments of 100 units)
Commission FeesZero Commission
Trading CurrencyUSD, SGD
AllotmentFull Allotment
ETF NameUTI India Nifty 50 Index ETF VCC
Reference BenchmarkNifty 50 Total Return Index
Issue PriceUSD 1.00 per share
Initial Offer Period (IOP)19 Oct 2026 to 5 Nov 2026
Listing Date12 Nov 2026
Base CurrencyUSD
Trading CurrencyUSD, SGD
SGX CodeNIU (USD) , NIF (SGD)
Trading Board Lot Size1 Share
Management FeeManagement fee: up to 0.43% p.a.; TER capped at 0.43% p.a.
Classification StatusExcluded Investment Product
Invest Now
  1. The subscription period for UTI India Nifty 50 Index ETF VCC is from 19 October 2026, Monday at 9am to 5 November 2026, Thursday at 5pm.
  2. The online subscription will close on 5 November 2026, Thursday at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline. 
  3. Eligible Accounts to subscribe for the ETF include Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and Share Financing (V) Accounts.  Cash Trading Accounts (T) are not eligible to participate in this subscription. 
  4. Only one application is allowed per Account. 
  5. Each ETF unit is priced at USD 1 and the minimum order quantity is 1,000 units, with an incremental order size of 100 units. 
  6. There are Zero Commission Fees.
  7. The total amount payable is denominated in USD. The settlement currency will also be in USD. 
  8. Sufficient funds (including transfer fee and GST) must be present in the Customer’s Account by 5 November 2026, Thursday at 5pm.
  9. Applications will be rejected if the Account does not have or reflect sufficient funds after 5pm on Thursday, 5 November 2026.
  10. ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 12 November 2026, Thursday.
  11. Customers will receive the full allotment of the ETF units they subscribe to.
  12. Customers can start trading the ETF units when the ETF is listed on SGX on 12 November 2026, Thursday at 9am. 
  13. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add to and/or delete any of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants. 
  14. In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained. 
  15. By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions. 
  1. Customers will receive S$12 cash credit for every US$5,000 subscription into UTI India Nifty 50 Index ETF VCC, provided that they hold their subscription from 12 November 2026, the listing date of the fund, to 11 December 2026 (the Minimum Holding Period).
  2. The Campaign Period is from 19 October 2026, Monday at 9am to 5 November 2026, Thursday at 5pm.
  3. The Cash Credit is capped at S$600 per POEMS account. 
  4. The Cash Credit will be provided to the first 300 eligible PSPL clients who invest in the ETF during the IOP.
  5. The Cash Credit will be credited to your Account within one month after the holding period. 
  6. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add to and/or delete any of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants. 
  7. In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained. 
  8. By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions. 

Disclaimer

This advertisement is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell any investment products mentioned herein. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs.
Investments are subject to investment risks including the possible loss of the principal amount invested. The value of any investments and the income from them may fall as well as rise. The risk of loss in leveraged trading can be substantial and you could lose in excess of your initial funds.
You may wish to obtain advice from a financial adviser before investing in any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in investment products. This advertisement has not been reviewed by the Monetary Authority of Singapore.


IMPORTANT INFORMATION

This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <www.phillipfunds.com> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

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

 

Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066 www.phillipfunds.com