The Choice Nifty 50 Index Fund New Fund Offer (NFO) closes today, April 2, 2026. The scheme is launched by Choice Mutual Fund under Choice Asset Management Private Limited.
It is an open-ended index fund designed to track the Nifty 50 Index. The fund follows a passive investment strategy aimed at replicating benchmark performance.
The scheme aims to mirror the performance of the Nifty 50 Total Returns Index (TRI) before expenses. It invests in constituent stocks in the same proportion as their index weightage.
The strategy follows a buy-and-hold approach instead of active stock selection. This reduces fund manager bias and typically results in lower expense ratios.
The fund provides exposure to 50 large-cap companies listed on the National Stock Exchange. These companies are selected based on free-float market capitalisation and liquidity criteria. The index represents approximately 44% of the total free-float market capitalisation of listed stocks. It covers 13 sectors, offering diversified exposure.
Key sectors include:
This diversification allows investors to gain broad market exposure through a single investment vehicle. The portfolio reflects the core structure of the Indian equity market.
The NFO opened on March 19, 2026, and closes on April 2, 2026. Units are offered at a face value of ₹10 during the NFO period.
The minimum investment for a lump sum is ₹1,000, while SIP investments start at ₹500. The fund structure allows flexibility for different investor categories.
The scheme is classified as “Very High Risk” under the Risk-o-meter, reflecting inherent equity market volatility. It may also experience tracking error due to expenses and cash holdings, leading to minor deviations from benchmark returns.
The fund is managed by Rochan Pattnayak. Portfolio rebalancing is carried out periodically, typically in March and September, to align with index changes and maintain tracking accuracy.
Read More: Upcoming Mutual Fund NFOs In April 2026.
The Choice Nifty 50 Index Fund NFO concludes on April 2, 2026, marking the end of its subscription window. The scheme offers passive exposure to the Nifty 50 Index through a low-cost structure.
It follows a rules-based investment strategy with defined allocation parameters. The fund remains aligned with benchmark performance, subject to tracking variations and market conditions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 2, 2026, 11:27 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
