MUTUAL FUNDS
Choice Mutual Fund files offer document for Nifty Next 50 Index Fund
Mar-05-2026
Choice Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Choice Nifty Next 50 Index Fund’. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme offers Growth Option only for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Next 50 Total Return Index. The minimum application amount is Rs 1000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate returns that are commensurate with the performance of the Nifty Next 50 Index (TRI).

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