Choice MF introduces Nifty 50 and Nifty Next 50 Index Funds

Choice Mutual Fund launched two index funds: Choice Nifty 50 and Choice Nifty Next 50. The NFO opens on March 19 and closes on April 2, covering the top 100 NSE companies.

By Anshul

Choice Mutual Fund has launched two new index funds, the Choice Nifty 50 Index Fund and the Choice Nifty Next 50 Index Fund, aimed at providing investors with structured long-term equity exposure.

The New Fund Offer (NFO) for both schemes opens on March 19 and closes on April 2.

The Choice Nifty 50 Index Fund offers investors exposure to India’s 50 largest and most liquid listed companies, while the Choice Nifty Next 50 Index Fund targets the next tier of emerging large-cap firms.

Together, the two funds cover the top 100 companies listed on the National Stock Exchange (NSE), offering diversified equity participation.

These offerings are positioned to encourage systematic investment habits such as regular SIPs (Systematic Investment Plans) and long-term portfolio building.

According to Choice Mutual Fund, the funds provide households with a simple framework for balancing growth potential and risk management.

Ajay Kejriwal, CEO of Choice Mutual Fund, said the launch reflects the firm’s focus on providing “simple, transparent and disciplined investment solutions that allow investors to participate in India’s long-term growth story.”

Manish Jain, Deputy CEO, added that many households invest across multiple schemes without a clear plan, which can lead to disrupted SIPs or premature withdrawals. He noted that the new funds are intended to help investors adopt a more structured, goal-oriented approach.

Choice Mutual Fund is sponsored by Choice International Limited, a diversified financial services group headquartered in Mumbai. The group offers services across capital markets, wealth management, and advisory domains and has a pan-India presence with over 211 branches and a network of more than 63,000 business associates.

Both index funds carry standard market risks, and investors are advised to read all scheme-related documents before investing.

Note To Readers

Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.