Choice Mutual Fund Launches New Index Funds to Promote Disciplined Investing
Choice International Limited (BSE: 531358, NSE: CHOICEIN), a financial services company, announced the launch of two new investment products: Choice Nifty 50 Index Fund and Choice Nifty Next 50 Index Fund. The New Fund Offer (NFO) for both schemes will open on March 19, 2026, and close on April 2, 2026.According to Ajay Kejriwal, CEO of Choice Mutual Fund, the launch aims to provide investors with a simple and transparent framework for long-term wealth creation and disciplined equity exposure.
The Choice Nifty 50 Index Fund offers exposure to India's top 50 blue-chip companies, representing approximately 44% of the free-float market capitalization on the National Stock Exchange. The Choice Nifty Next 50 Index Fund provides exposure to the next tier of emerging large-cap companies. Together, these funds offer diversified exposure to India's top 100 companies.
Manish Jain, Deputy CEO of Choice Mutual Fund, stated that these funds address the issue of fragmented investments among households, encouraging a more resilient and goal-oriented portfolio.
Choice Mutual Fund is sponsored by Choice International Limited, a diversified financial services group. The fund focuses on building simple, transparent, and disciplined investment solutions and provides accessible, technology-led investment options.
About Choice International
Headquartered in Mumbai, Choice Group is a decade-old conglomerate offering services across finance, engineering, and consulting. The Group holds memberships and regulatory registrations with key financial authorities, including SEBI and RBI. Choice ranks among the top 20 brokers in the country, serving over 1.4 million clients via 211 branch offices and a network of over 63,000 business associates.
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