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News19 March 2026

Choice Mutual Fund launches Choice Nifty Next 50 Index Fund

NFO period: 19th Mar - 02nd Apr, 2026

Highlights of the NFO:

  • Scheme type - An open-ended scheme replicating/tracking Nifty Next 50 Total Return Index
  • Investment 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
  • Product suitability - This product is suitable for investors who are seeking to generate returns that are commensurate with the performance of the Nifty Next 50 Index (TRI), subject to tracking errors.
  • Minimum Application Amount - Rs.1000/- and in multiples of Re.1/- thereafter
  • Plan/ Options available - Regular plan & Direct plan having only Growth Option.
  • Fund Managers - Mr. Rochan Pattnayak
  • Benchmark - Nifty Next 50 TRI
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

This is a summary of a public announcement, shared for information. It is not a recommendation, and 2i WealthPlus Financial Services may not distribute every scheme mentioned. Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns. 2i WealthPlus Financial Services acts solely as an AMFI-registered Mutual Fund Distributor (ARN: 266652) and earns trailing commissions paid by Asset Management Companies (AMCs) for mutual fund scheme distribution. In compliance with SEBI guidelines, we do not provide SEBI-registered investment advisory or portfolio management services.