Choice International Ltd., sponsor of Choice Mutual Fund, on Thursday announced the launch of two new passive investment products, the Choice Nifty 50 Index Fund and the Choice Nifty Next 50 Index Fund, aimed at helping investors build disciplined, long-term equity exposure. 

The New Fund Offer (NFO) for both schemes will open on March 19, 2026, and close on April 2, 2026. 

The launch is aligned with the fund house’s strategy of promoting structured household investing through simple, rule-based products that balance growth with risk management. 

“At Choice Mutual Fund, our focus is on creating simple, transparent and disciplined investment solutions that allow investors to participate in India’s long-term growth story,” said Ajay Kejriwal, CEO of Choice Mutual Fund. “The launch of the Nifty 50 and Nifty Next 50 Index Funds provides investors with core equity exposure within a structured framework for long-term wealth creation.” 

Core market exposure 

The Choice Nifty 50 Index Fund will track the Nifty 50, offering exposure to India’s top 50 blue-chip companies across sectors. The index accounts for nearly 44% of the free-float market capitalisation of stocks listed on the National Stock Exchange, making it a key building block for equity portfolios. 

The fund is positioned as a systematic investment plan (SIP)-friendly option for investors seeking stable, long-term participation in India’s leading companies. 

Growth-oriented allocation 

The Choice Nifty Next 50 Index Fund will track the Nifty Next 50, providing exposure to the next tier of large-cap companies with the potential to emerge as future market leaders. 

Together, the two funds offer investors diversified exposure to India’s top 100 companies, combining stability with growth potential. 

Structured investing approach 

Highlighting the broader investment philosophy, Manish Jain, Deputy CEO of Choice Mutual Fund, said many retail investors often invest across multiple schemes without a clear framework, leading to fragmented portfolios and premature withdrawals. 

“Our approach integrates core market exposure through the Nifty 50 with growth potential via the Nifty Next 50, enabling investors to build more resilient and goal-oriented portfolios,” he said. 

The fund house said the new offerings are designed to encourage disciplined investing as India’s capital markets deepen and retail participation continues to rise, with a focus on transparent, low-cost, and rule-based investment solutions.