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OTHER•INDEX FUND

Choice Nifty Next 50 Index Fund

3 Year return

0.00%
NAV on May 25, 2026
10.8501
1D Returns
+0.04%
Launched on March 2026(0 years)

Investment Details

₹500
Minimum SIP Amount
₹1000
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹100
Gain
0%₹0
Total Value ₹0

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹11.51 Cr.
Expense Ratio
0.5% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
0
Crisil
0
Morning Star
0

Tax Implications

Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year

Choice Mutual Fund Manager

RP

Rochan Pattnayak

Fund Manager since Mar 2026

Fund House Details

Choice Mutual Fund

Choice Mutual Fund

Asset management company

AUM
₹69.43 Cr.
No. of Schemes
2
Setup Date
2008

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Motilal Oswal Nifty Midcap 150 Index Fund22.9037%
0
Aditya Birla Sun Life Nifty Midcap 150 Index Fund22.7636%
0
Nippon India Nifty Midcap 150 Index Fund22.6454%
0

Schemes by Choice Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return
0%
Expense Ratio
0.5%
Fund Manager
Rochan Pattnayak
Fund Size
₹11.51 Cr.
Risk Profile
Very High

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Choice Nifty Next 50 Index Fund on May 25, 2026, is ₹10.8501
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Choice Nifty Next 50 Index Fund, is ₹11.51 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Choice Nifty Next 50 Index Fund is 0.5%
The Choice Nifty Next 50 Index Fund was launched on March 19, 2026. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Choice Nifty Next 50 Index Fund is ₹500.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹0 in 3Y at 0% returns
SIP Date1st of every month

Your next SIP Payment will be on 25 June 2026

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