August 18, 2026
mayank
Choice Nifty Next 50 Index Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 11.61 |
| NAV IDCW (Rs.) | — |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 12 |
| Benchmark | NIFTY Next 50 TRI |
| AUM Rs. | 19 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.22% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 16.17% |
Suitable For Which Investors?
Large-cap funds are suitable for investors:
1. Seeking exposure in large-cap stocks for moderately high returns
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index
Fund’s Investment Strategy:
The scheme seeks to generate returns that are commensurate with the performance of the Nifty Next 50 index (TRI). subject to tracking error.
Fund Manager:
1) Rochan Pattnayak
Education: Mr. Pattnayak has done MBA
Experience: Prior to joining Choice Mutual Fund, he was associated with Quant Mutual Fund, Edelweiss Asset Management, Indus Equity Advisors and Wolverine Equities & Markets UK.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Choice Nifty Next 50 Index Fund
| Fund House | Choice Mutual Fund |
| Launch Date | 07-Apr-26 |
| Return Since Launch | 16.17% |
| Benchmark | NIFTY Next 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 19 Cr |
| (As on 31-Jul-2026) | |
| Base Expense Ratio | 0.22% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 24.00% |
Choice Nifty Next 50 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Choice Nifty Next 50 Index Dir | — | -0.02 | 3.84 | 7.99 | — | — | — | — | — | — |
| BSE 100 TRI | — | 0.18 | 1.72 | 6.05 | — | — | — | — | — | — |
| Equity: Large Cap | — | -0.05 | 1.9 | 6.25 | — | — | — | — | — | — |
| Rank within category | — | 54 | 14 | 27 | — | — | — | — | — | — |
| Number of funds in category | 111 | 117 | 116 | 115 | 112 | 104 | 81 | 63 | 50 | 42 |
Peer Comparison of Choice Nifty Next 50 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Choice Nifty Next 50 Index Dir | Unrated | — | — | — | 0.22 | 19 | 16.17 | — | 4M | 24.00 |
| ICICI Pru Nifty Next 50 Index Dir | 4 out of 5 stars | 12.63 | 19.11 | 14.04 | 0.26 | 9,935 | 14.48 | — | 13Y 7M | 27.00 |
| UTI Nifty Next 50 Index Dir | 4 out of 5 stars | 12.88 | 19.34 | 14.17 | 0.31 | 7,360 | 13.38 | — | 8Y 1M | 25.00 |
| HDFC NIFTY Next 50 Index Dir | 4 out of 5 stars | 12.75 | 19.06 | — | 0.25 | 2,659 | 12.67 | — | 4Y 9M | 26.53 |
| DSP Nifty 50 Equal Weight Index Dir | 5 out of 5 stars | 8.25 | 14.24 | 3.54 | 0.35 | 2,609 | 12.41 | — | 8Y 9M | 27.00 |
Choice Nifty Next 50 Index Fund Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks | 32.75% |
| Top 5 Stocks | 18.53% |
| Top 3 Sectors | 52.56% |
| Portfolio P/B Ratio | 3.37 |
| Portfolio P/E Ratio | 20.28 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,55,060 | 4,07,604 |
| Large (%) | 86.75 | 93.05 |
| Mid (%) | 13.25 | 7.67 |
| Small (%) | — | 4.38 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://choicemf.com/mutual-funds OR https://choicemf.com/investor-login
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