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Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

1,000.00

Incremental Inv

100.00

Open Date

Mar 19, 2026

Close Date

Apr 02, 2026

Nav Calculation

DAILY

Sub-category

Equity - Index

Risk Level

Very High

Fund Manager

Rochan Pattnayak

Repurchase/Redemption

Fund Objective

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Next 50 Index (TRI), subject to tracking errors. There is no assurance or guarantee that the investment objective of the Scheme will be achieved

Notes

The Choice Nifty Next 50 Index Fund is a passively managed scheme that primarily invests in equity shares of companies that form part of the Nifty Next 50 Index, as constituted from time to time. Since the scheme follows a passive investment approach, it does not involve active stock selection and instead holds securities in the same weightage as the Nifty Next 50 Index, irrespective of their individual investment attractiveness. As a passive index fund, the scheme seeks to replicate the performance of the Nifty Next 50 Index by maintaining an identical portfolio composition, with returns subject to tracking error.