Archive · 20 Nov 2025
Canara HSBC Life Insurance Launches NextGen Consumption Fund
Canara HSBC Life Insurance has created a new investment fund called the NextGen Consumption Fund.
This fund is designed to invest in companies that make products or services that young people in India like to buy.
The fund will be available for people to invest in for a short period in late November 2025.
The fund's goal is to help people make money by investing in companies that are doing well because of changes in how young people spend their money.
Canara HSBC Life Insurance introduces NextGen Consumption Fund
Fund targets India's evolving consumption landscape driven by millennials and Gen Z
Open for subscription from November 18 to November 24, 2025
Initial NAV set at Rs 10 per unit
Fund focuses on companies catering to new-age consumption and digital behaviour
- Who
- Canara HSBC Life Insurance Company Limited
- What
- Launched the NextGen Consumption Fund
- When
- November 18 to November 24, 2025
- Where
- India
- Why
- To capture India’s fast-evolving consumption landscape shaped by millennials and Gen Z
- Fund Name
- NextGen Consumption Fund
- Available Under
- Wealth Edge and SecureInvest plans
- Subscription Period
- November 18 to November 24, 2025
- Initial NAV
- Rs 10 per unit
- Investment Focus
- Companies aligned with new-age consumption and digital behaviour