Choice Nifty Next 50 Index Fund - Direct (G)
Index FundNAV
11.62(0.09%)Fund Size (CR)
₹18.46Expense Ratio
1.17Scheme Type
Passive FundValue Research
-
Min. investment
₹1,000Minimum Additional Investment
₹100Minimum SIP Investment
₹250Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
16.12%
Basic Details
Scheme Manager
Rochan Pattnayak
Bench Mark
Nifty Next 50 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | July 31, 2026 | 10145.38 | 1.45% | - | 1.03% | 321/1283 |
| 1 Month | July 7, 2026 | 10361.28 | 3.61% | - | 1.86% | 166/1271 |
| 3 Month | May 7, 2026 | 10392.34 | 3.92% | - | 2.69% | 280/1241 |
| 6 Month | - | - | - | - | - | -/- |
| 1 Year | - | - | - | - | - | -/- |
| 3 Year | - | - | - | - | - | -/- |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | April 7, 2026 | 11612.30 | 16.12% | 16.12% | 8.16% | 143/1283 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | May 4, 2026 | 40,000 | 41736.16 | 4.34% | 4.34% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Risk Ratios
1.24%
Standard Deviation
1.02%
Beta
3.94%
Sharpe Ratio
0.17%
Treynor's Ratio
-2.12%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Adani Power | 3.78% | 31171 | 0.70 | Equity | Power Generation & Distribution |
| Tata Motors | 3.59% | 15690 | 0.66 | Equity | Automobile |
| Divi's Lab. | 3.40% | 955 | 0.63 | Equity | Pharmaceuticals |
| Hind.Aeronautics | 3.38% | 1425 | 0.62 | Equity | Aerospace & Defence |
| TVS Motor Co. | 3.31% | 1765 | 0.61 | Equity | Automobile |
| Cholaman.Inv.&Fn | 3.15% | 3250 | 0.58 | Equity | Finance |
| Cummins India | 3.11% | 1015 | 0.57 | Equity | Capital Goods-Non Electrical Equipment |
| Avenue Super. | 2.87% | 1211 | 0.53 | Equity | Retail |
| Varun Beverages | 2.82% | 10271 | 0.52 | Equity | FMCG |
| Samvardh. Mothe. | 2.66% | 33188 | 0.49 | Equity | Auto Ancillaries |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Choice Nifty Next 50 Index Fund - Direct (G) | 18.46 | 3.61% | 3.92% | - | - | - | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3611.38 | 1.74% | 4.48% | 24.73% | 37.82% | 30.45% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3611.38 | 1.74% | 4.48% | 24.73% | 37.82% | 30.45% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4487.09 | 3.62% | 6.89% | 17.69% | 33.48% | 25.76% | |
| SBI BSE PSU Bank Index Fund - Direct (G) | 348.33 | 5.93% | 2.34% | -1.17% | 26.15% | - | |
| SBI BSE PSU Bank Index Fund - Direct (IDCW) | 348.33 | 5.93% | 2.34% | -1.17% | 26.15% | - |
List of Schemes under Choice Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| Choice Overnight Fund | Debt | Low | 0% | 0 | ₹25.00 |
| Choice Nifty 50 Index Fund | Other | Very High | 0% | 0 | ₹17.93 |
| Choice Nifty Next 50 Index Fund | Other | Very High | 0% | 0 | ₹18.46 |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
March 19, 2026
Total AUM (Cr)
₹18.46
Choice Nifty Next 50 Index Fund - Direct (G) is an Index Fund-oriented fund from the renowned AMC, Choice Mutual Fund. Launched in March 19, 2026, this fund is managed by Rochan Pattnayak. With assets under management (AUM) worth ₹18.46 (Cr), as of August 10, 2026, Choice Nifty Next 50 Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 16.12% since its launch.
The current NAV of Choice Nifty Next 50 Index Fund - Direct (G) is ₹11.62, as on August 10, 2026. The fund's benchmark index is Nifty Next 50 TRI. You can invest in Choice Nifty Next 50 Index Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹250 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.47% in Equity, 0.36% in Debt and 0.17% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 11.38% in Power, 11.26% in Finance, 6.72% in Electrical Equipments, 6.47% in Banks, 6.26% in Pharmaceuticals & Biotech
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors