The first Nifty 50 ETF listed in Singapore, and the first scheme authorized under the MAS Code on Collective Investment Schemes to feed directly into an India-domiciled fund
- Trades on SGX in US dollars (NIU) and Singapore dollars (NIF), during Singapore trading hours
- Feeds into UTI’s India-listed Nifty 50 ETF, with total expense ratio capped at 0.43% p.a.
SINGAPORE , Nov. 12, 2026 /PRNewswire/ — UTI International (Singapore) Private Limited ("UTI International"), the Singapore-based arm of UTI Asset Management Company Limited ("UTI AMC"), today listed the UTI India Nifty 50 Index ETF (the "Fund") on the Singapore Exchange ("SGX"), marked with a listing ceremony at SGX.
The Fund tracks the Nifty 50 Total Return Index, which covers 50 of the largest and most liquid companies listed on India’s National Stock Exchange ("NSE"). It is a feeder fund that invests substantially all of its assets in the UTI Nifty 50 ETF, listed in India and managed by UTI AMC, with about US$7.5 billion in assets as of 31 October 2026.
Praveen Jagwani, Global CEO, UTI International Limited, said: "India is now the world’s fifth-largest economy, yet it remains a small part of most global portfolios. This listing narrows that gap. Investors in Singapore and across the region can now own India’s 50 leading companies in a single trade, on their home exchange, in their own currency and time zone."
An economy that has doubled in size
India’s economy has roughly doubled over the past decade, driven largely by domestic consumption, alongside investment in infrastructure, manufacturing and digital services. Its equity market has grown in depth and scale over the same period. Over the 25 years to 31 October 2026, the Nifty 50 delivered an annualized return of 12.2% in US dollar terms, compared with 10.2% for the S&P 500.
India also offers a different mix from many global portfolios. The Nifty 50 is weighted towards financial services, consumer, energy and industrial companies, with a relatively modest technology weighting, and its returns have historically shown low correlation with major developed markets.
Valuations in context
Jermyn Wong, Chief Executive Officer, UTI International (Singapore), said: "After a period of consolidation, Indian equity valuations now sit below their 10-year averages, and the premium over other emerging markets has narrowed. India is not inexpensive in absolute terms, but relative to its own history, the starting point today is more measured than it has been for some time. For long-term investors, that context matters."
India’s 50 leading companies, in one Singapore trade
- On SGX, in Singapore hours: no Indian brokerage account needed; buy through any SGX broker
- In USD or SGD: NIU (US$ counter) and NIF (S$ counter), with a board lot of one share
- One trade, 50 companies: spanning financial services, energy, technology, autos, consumer goods and more
- Low cost: total expense ratio capped at 0.43% p.a.
- Efficient structure: a Singapore-domiciled feeder designed to offer cost- and tax-efficient access to Indian equities
- SRS-eligible: an Excluded Investment Product that can be bought with SRS monies, subject to operator terms
Ng Yao Loong, Head of Global Financial Markets, SGX Group, said: "Investors in Singapore want India equity exposure that is simple to access and liquid to trade. Through the VCC structure, this ETF gives them the Nifty 50 on SGX, in SGD or USD, backed by liquidity of the India-domiciled fund. It also broadens the India-linked products investors can access through SGX. We are pleased to work with UTI International on this listing."
The Prospectus and Product Highlights Sheet, along with more information on the fund, are available at www.utifunds.com.
About UTI Asset Management Company
UTI AMC is one of India’s oldest asset managers, with approximately US$170 billion in assets under management (as of Sep 2026). Established in 1964 as the Unit Trust of India, UTI AMC has over six decades of experience in Indian capital markets. It offers India-focused solutions across equities, fixed income, private equity, private debt and passive strategies, supported by more than 50 investment professionals. UTI AMC has a long-standing track record in index investing, having launched India’s first Nifty 50 Index Fund in 2000.
UTI International Limited, its international arm, has regulated entities in Singapore, Guernsey, the UK, Mauritius, Dubai, France and the United States. It manages 14 funds registered across 25 jurisdictions and serves a diverse institutional client base across Asia, Europe, the Middle East, and North America.
Listed on the NSE and Bombay Stock Exchange, UTI International Limited combines deep local expertise with global distribution capabilities to help investors participate in India’s long-term growth opportunity.
Important information
This advertisement has not been reviewed by the Monetary Authority of Singapore. The information provided is for informational purposes only and does not constitute a recommendation, offer or solicitation to purchase or sell units in the Fund. Investments in the Fund are subject to risk, including possible loss of the principal amount invested. Past performance mentioned herein is/are not necessarily indicative of future performance. Before deciding to invest, investors should read the prospectus and product highlight sheet, available from UTI Investments at https://utifunds.com. You may wish to seek advice from a financial adviser before investing in the investment product mentioned herein. In the event that you choose not to seek advice from a financial adviser, you should consider whether the investment product is suitable for you. Any views or opinions expressed are provided for general information only, and should not be relied upon as investment, tax or other professional advice.
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