Choice Mutual Fund launches two new fund offerings. Details here

New fund offers (NFOs) continue to see steady interest from investors looking for fresh opportunities in the market, especially in simple and low-cost products like index funds. Adding to this trend, Choice Mutual Fund has launched two new index schemes aimed at helping investors build long-term wealth in a structured manner. The NFO for both funds will open on March 19, 2026, and close on April 2, 2026.

The two new schemes, i.e., Choice Nifty 50 Index Fund and Choice Nifty Next 50 Index Fund, are designed to give investors exposure to India’s equity market without the complexity of actively managed funds.

The idea is to help investors stay disciplined, invest regularly, and benefit from India’s long-term growth story.

Ajay Kejriwal, CEO of Choice Mutual Fund, said the focus is on keeping things simple. He noted that the aim is to offer transparent and structured investment options that allow investors to participate in the country’s growth over time.

The Choice Nifty 50 Index Fund is positioned as the core part of an investor’s portfolio. It tracks the Nifty 50 index, which includes 50 of India’s largest and most established companies.

These companies represent a significant portion of the market and offer relatively stable exposure. The fund is suited for investors looking to invest regularly through SIPs and build a strong long-term base.

The second offering, the Choice Nifty Next 50 Index Fund, focusses on the next set of large companies that are not yet in the Nifty 50 but have strong growth potential.

These companies are often seen as future market leaders. By investing in this fund, investors can aim for higher growth while still staying within the large-cap space.

Together, the two funds give exposure to the top 100 companies in India. This creates a balance between stability and growth, which can be useful for long-term investors.

Manish Jain, Deputy CEO of Choice Mutual Fund, said many households invest without a clear structure, which often leads to inconsistent investing or early withdrawals. He added that combining the Nifty 50 and Nifty Next 50 can help investors build a more goal-based and steady portfolio.

The launch comes at a time when more retail investors are entering the market and looking for simple investment options. Index funds, which follow a rule-based approach, are becoming increasingly popular for their transparency and lower costs.

- Ends