Choice Mutual Fund has launched a new fund offer called the Choice Nifty 50 Index Fund for investors who want to invest in large and well-established companies.
This fund gives investors an opportunity to invest in the top 50 companies of the country at the same time and at a low cost.
The investment window for this fund is open until April 2, 2026.
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What is the Choice Nifty 50 Index Fund?
This is an open-ended index scheme that tracks the Nifty 50, which is the benchmark index of the National Stock Exchange (NSE).
This means the fund will invest in the same 50 companies and in the same proportion as the Nifty 50 index.
It follows a passive investment strategy, where the fund manager does not personally choose stocks. Instead, the fund simply copies the index.
Choice Nifty 50 Index Fund NFO Details
NFO Opening Date: March 19, 2026
NFO Closing Date: April 2, 2026
Allotment Date: April 9, 2026
Minimum Investment: Rs 1,000 lump sum and Rs 500 through SIP
Exit Load: Zero
Fund Manager: Rochan Patnaik
Why Choose an Index Fund?
The main purpose of this NFO from Choice Mutual Fund is to offer simplicity and transparency to investors.
Unlike actively managed funds, index funds usually have much lower expense ratios, which makes them cost-effective.
Since the fund tracks the Nifty 50, it gives exposure to major blue-chip companies such as Reliance, HDFC Bank, and TCS, which can add stability to the investment portfolio.
Risk and Return
As this is an equity fund, it falls under the Very High Risk category according to SEBI’s Risk-O-Meter.
However, equity funds have historically been a strong wealth creation option for long-term investors.
This fund uses the Nifty 50 Total Returns Index (TRI) as its benchmark, which means it tracks not only stock price growth but also dividends earned from the companies.
Who Should Invest?
New Investors: People entering the stock market who want a simple and hassle-free option
Cost-Conscious Investors: Those looking for funds with low fees
Long-Term Investors: Those who want to invest in the country’s top companies for the next 7 to 10 years