Choice Mutual Fund launches passive index funds. Choice Mutual Fund has opened a New Fund Offer for two passive index funds tracking India's top companies. The Choice Nifty 50 Index Fund provides exposure to India's largest 50 blue-chip companies, representing 44 percent of NSE's free-float market capitalization. The Choice Nifty Next 50 Index Fund targets emerging large-cap firms positioned as future market leaders. Together, both funds grant investors access to India's top 100 listed companies. The NFO closes on April 2, 2026. Both schemes carry a Very High risk rating on SEBI's riskometer. Choice Mutual Fund leadership emphasizes that these funds offer transparent equity exposure aligned with India's long-term growth trajectory.
