Canara HSBC Life Insurance has introduced the NextGen Consumption Fund, an equity-oriented offering available under its Wealth Edge and SecureInvest plans.

The fund, priced at a NAV of ₹10 per unit, will remain open for subscription from November 18 to November 24.

The company said the fund is designed to track emerging consumption trends shaped by India’s younger population. It benchmarks the Nifty India New Age Consumption Index, which has delivered a 26.6% CAGR over five years, outperforming the Nifty 500 TRI and Nifty 50 TRI as of October 31, 2025.

According to the insurer, the new fund aims to capture opportunities linked to India’s long-term economic expansion and demographic profile. India’s median age of 28.8, rising disposable incomes, rapid urbanisation, and policy measures su

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