Choice Nifty Next 50 Index Fund Direct Growth

Choice Nifty Next 50 Index Fund Direct Growth

1M
6M
All
NAV: 09 Oct '26
₹10.60
Min. for SIP
₹500
Fund size (AUM)
₹19.69 Cr
Expense ratio
0.72%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,233
-5.11%
6 months₹30,000₹28,547
-4.84%

Holdings (52)

NameSectorInstrumentsAssets
Divi's Laboratories LtdHealthcareEquity4.83%
TVS Motor Company LtdConsumer DiscretionaryEquity3.95%
Hindustan Aeronautics LtdIndustrialsEquity3.62%
Tata Motors LtdIndustrialsEquity3.61%
Adani Power LtdEnergy & UtilitiesEquity3.47%
Samvardhana Motherson International LtdConsumer DiscretionaryEquity2.95%
Torrent Pharmaceuticals LtdHealthcareEquity2.89%
Cholamandalam Investment & Finance Company LtdFinancialEquity2.88%
Vedanta Aluminium Metal LtdMaterialsEquity2.86%
Cummins India LtdIndustrialsEquity2.63%
Avenue Supermarts LtdConsumer StaplesEquity2.51%
Bharat Petroleum Corporation LtdEnergy & UtilitiesEquity2.49%
Tata Power Company LtdEnergy & UtilitiesEquity2.47%
Varun Beverages LtdConsumer StaplesEquity2.42%
CG Power & Industrial Solutions LtdIndustrialsEquity2.40%
Britannia Industries LtdConsumer StaplesEquity2.33%
Indian Oil Corporation LtdEnergy & UtilitiesEquity2.06%
Solar Industries India LtdMaterialsEquity1.96%
Power Finance Corporation LtdFinancialEquity1.94%
HDFC Asset Management Company LtdFinancialEquity1.91%
Bajaj Holdings & Investment LtdFinancialEquity1.91%
GAIL (India) LtdEnergy & UtilitiesEquity1.88%
Vedanta LtdMaterialsEquity1.87%
Pidilite Industries LtdMaterialsEquity1.86%
DLF LtdReal EstateEquity1.77%
Polycab India LtdIndustrialsEquity1.76%
Adani Transmission LtdEnergy & UtilitiesEquity1.76%
Wipro LtdTechnologyEquity1.76%
Adani Green Energy LtdEnergy & UtilitiesEquity1.75%
Bank Of BarodaFinancialEquity1.75%
Jindal Steel & Power LtdMaterialsEquity1.72%
Bosch LtdConsumer DiscretionaryEquity1.67%
Canara BankFinancialEquity1.64%
Hitachi Energy India LtdIndustrialsEquity1.60%
Punjab National BankFinancialEquity1.59%
LTIMindtree LtdTechnologyEquity1.54%
Vodafone Idea LtdTechnologyEquity1.46%
ABB India LtdIndustrialsEquity1.46%
Godrej Consumer Products LtdConsumer StaplesEquity1.40%
Siemens LtdDiversifiedEquity1.35%
Union Bank of IndiaFinancialEquity1.35%
Muthoot Finance LtdFinancialEquity1.20%
Zydus Lifesciences LtdHealthcareEquity1.18%
Hyundai Motor India Ltd.Consumer DiscretionaryEquity1.18%
Siemens Energy India LtdEnergy & UtilitiesEquity1.16%
Hindustan Zinc LtdMaterialsEquity1.11%
Ambuja Cements LtdMaterialsEquity0.95%
TATA CAPITAL LIMITED EQFinancialEquity0.74%
Indian Railway Finance Corporation LtdFinancialEquity0.73%
Mazagon Dock Shipbuilders LtdIndustrialsEquity0.66%
RepoUnspecifiedRepo0.07%
Net PayablesUnspecifiedNet Payables-0.01%
See All

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹100
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name1M3M6MAll
Fund returns-6.4%-4.4%+2.9%+6.0%
Category average (Equity Large Cap)---4.8%-1.6%+172.3%
Rank (Equity Large Cap)--2223--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Compare similar funds

Fund management

RP
Rochan Pattnayak
Mar 2026 - Present
View details

Education
Mr. Pattnayak has done MBA
Experience
Prior to joining Choice Mutual Fund, he was associated with Quant Mutual Fund, Edelweiss Asset Management, Indus Equity Advisors and Wolverine Equities & Markets UK.

KS
Khushi Sancheti
Aug 2026 - Present
View details

Education
Chartered Accountant
Experience
Prior to joining the Choice AMC, she was an Industrial Trainee - Finance, Societe Generale and S. K. Patodia & Associates.

DU
Diksha Upadhyay
Aug 2026 - Present
View details

Education
Bachelor of Financial Markets
Experience
Prior to joining Choice AMC, she was associated with Mirae Asset Capital Markets (India) Pvt Ltd, Fort Capital and BP Wealth Pvt Ltd

About Choice Nifty Next 50 Index Fund Direct Growth

Choice Nifty Next 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Choice Mutual Fund. This scheme was made available to investors on 01 Aug 2025. Rochan Pattnayak is the Current Fund Manager of Choice Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹183 Cr and the Latest NAV as of 09 Oct 2026 is ₹10.60. The Choice Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The scheme seeks to generate returns that are commensurate with the performance of the Nifty Next 50 index (TRI). subject to tracking error.
Fund benchmarkNIFTY Next 50 Total Return Index

Fund house

Rank (total assets)--
Total AUM₹183.48 Cr
Date of Incorporation01 Aug 2025
Phone69419999 - 943
E-mail--
Launch Date01 Aug 2025
AddressSunil Patodia Tower, Plot No. 156-158 J.B. Nagar, Andheri (East), Mumbai City - Maharashtra, India Mumbai 400099
Custodian--
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,