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Choice Nifty Next 50 Index Fund

Choice Mutual FundDirectOpen-endedIndex FundsRiskometer: Very High Risk

NAV

11.51

as of 21 Aug 2026

Choice Nifty Next 50 Index Fund is an open-ended Index Funds scheme from Choice Mutual Fund managing ₹18 crore (as of 31 May 2026). Its Direct-plan NAV is ₹11.51 as of 21 Aug 2026. The expense ratio is 1.38% a year. Managed by Rochan Pattnayak. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
1.38% / yr
as of 30 Jun 2026
Fund size
₹18 crore
as of 31 May 2026
Exit load
None
SIP available
Yes
Launched
7 Apr 2026
ISIN
INF2KCX01046

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026Benchmark: Nifty Next 50 TR INR

May 2026Aug 2026
Growth of ₹100, Choice Nifty Next 50 Index Fund versus Index Funds average.

Choice Nifty Next 50 Index Fund

₹104

+4% on ₹100

Index Funds average

₹104

+4% on ₹100

Returns vs category

WindowFundCategory avgGap
3 months6.23%
6 months3.65%

No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Distance below its own peak

Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.

Right now

-0.7% below peak

May 2026Deepest: -4.2%Aug 2026

Where the money actually is

Equity

98.8%

Cash

1.2%

Whole-portfolio split, as of 31 May 2026. The size split below covers only the equity slice of this.

What it owns

55 positions · top 10 = 30.9%

Market-cap mix (equity sleeve)

Large 89.3%Mid 7.3%Other 3.4%

as of 31 May 2026

Holdings by sector

  • Financial Services(1 in top 10)19.9%
    • Cholamandalam Investment and Finance Co Ltd2.61%
  • Utilities(2 in top 10)14.0%
    • Adani Power Ltd4.00%
    • Tata Power Co Ltd2.80%
  • Consumer Cyclical(3 in top 10)13.4%
    • Tata Motors Ltd3.15%
    • TVS Motor Co Ltd3.13%
    • Samvardhana Motherson International Ltd2.56%
  • Industrials(2 in top 10)12.5%
    • Hindustan Aeronautics Ltd Ordinary Shares3.24%
    • Cummins India Ltd3.15%
  • Basic Materials11.8%
  • Consumer Defensive(1 in top 10)10.8%
    • Varun Beverages Ltd2.87%
  • Healthcare(1 in top 10)6.3%
    • Divi's Laboratories Ltd3.36%
  • Energy4.5%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 May 2026.

Quick answers

What is the NAV of Choice Nifty Next 50 Index Fund?
₹11.51 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Choice Nifty Next 50 Index Fund?
1.38% a year for the Direct plan, as of 30 Jun 2026.
How large is Choice Nifty Next 50 Index Fund?
₹18 crore under management as of 31 May 2026, in the Index Funds category.
How risky is Choice Nifty Next 50 Index Fund?
Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
Who manages Choice Nifty Next 50 Index Fund?
Rochan Pattnayak, managing this fund for 0.3 years.

Where this fund sits

Other Index Funds funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Next 50 TR INR) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.