Choice Mutual Fund, a subsidiary of Choice International Limited, has unveiled two new investment products: the Choice Nifty 50 Index Fund and the Choice Nifty Next 50 Index Fund. These funds are designed to assist investors in building a disciplined long-term equity exposure. The New Fund Offer (NFO) for both schemes will commence on 19th March 2026 and conclude on 2nd April 2026.
The launch aligns with Choice Mutual Fund‘s commitment to promoting structured household investing through a straightforward framework that balances growth and risk management. Ajay Kejriwal, CEO of Choice Mutual Fund, emphasised the company’s focus on creating simple, transparent, and disciplined investment solutions that allow investors to engage in India’s long-term growth narrative. He noted that the introduction of the Nifty 50 and Nifty Next 50 Index Funds provides investors with core equity exposure and a structured framework for long-term wealth creation.
The Choice Nifty 50 Index Fund offers exposure to India’s top 50 blue-chip companies, representing some of the country’s largest and most liquid listed firms. This fund is positioned as a disciplined, SIP-led investment option, enabling investors to participate in the growth of leading Indian companies while benefiting from sectoral diversification. The Nifty 50 accounts for nearly 44% of the free-float market capitalisation of stocks listed on the National Stock Exchange, making it a fundamental building block for equity portfolios.
Meanwhile, the Choice Nifty Next 50 Index Fund provides exposure to the next tier of emerging large-cap companies with the potential to become future market leaders. Together with the Nifty 50 Index Fund, it allows investors to gain diversified exposure to India’s top 100 companies, offering a balanced approach to long-term equity participation.
Manish Jain, Deputy CEO of Choice Mutual Fund, highlighted the broader investment philosophy, stating that many households invest across multiple schemes without a clear framework, often resulting in broken SIPs or withdrawals from long-term investments. The firm’s investment philosophy integrates core market exposure through the Nifty 50 and growth potential through the Nifty Next 50, enabling investors to construct a more resilient and goal-oriented portfolio.
These index funds aim to help households adopt a structured and disciplined investment approach. As India’s financial markets deepen and retail participation grows, Choice Mutual Fund continues to focus on transparent, rule-based investment solutions that simplify long-term investing.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).