Choice Nifty Next 50 Index Fund
Page methodology reviewed by Kshitij Jain, Principal Officer, NYVO Investment Advisor (INA000022172) · Data updated
NAV
₹10.48
as of 27 Oct 2026
Choice Nifty Next 50 Index Fund is an open-ended Index Funds scheme from Choice Mutual Fund managing ₹20 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹10.48 as of 27 Oct 2026. The expense ratio is 0.91% a year. Managed by Rochan Pattnayak. This page is factual data only – it carries no rating and no recommendation.
What the fund data says
Choice Nifty Next 50 Index Fund is a Direct-plan, growth-option Index Funds scheme managed by Choice Mutual Fund. It reported ₹20 crore in assets as of 30 Sept 2026. The scheme began on 7 Apr 2026. The named fund manager is Rochan Pattnayak.
The dated asset mix was 99.8% equity, 0.0% debt, 0.2% cash and 0.0% other as of 31 Aug 2026. Within the reported equity size split, exposure was 86.8% large-cap, 13.1% mid-cap, 0.0% small-cap and 0.1% other as of 31 Aug 2026. The portfolio reported 52 holdings, with the ten largest accounting for 33.8% as of 31 Aug 2026.
The Direct-plan expense ratio was 0.91% a year as of 31 Aug 2026. Its displayed SEBI Riskometer level was Very High Risk. These are historical, date-specific observations. They are not a rating, forecast or recommendation. Category comparisons use the category median over the same available period, while overlapping rolling windows are not independent probabilities.
Key facts
₹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 27 Oct 2026Benchmark: Nifty Next 50 TR INR
Choice Nifty Next 50 Index Fund
₹102
+2% on ₹100
Index Funds average
₹102
+2% on ₹100
Returns vs category
| Window | Fund | Category median | Gap |
|---|---|---|---|
| 3 months | -7.07% | -6.06% | -1.01 |
| 6 months | -3.26% | -4.56% | +1.30 |
Category median across 17 funds, as of 27 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
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
-9.8% below peak
Where the money actually is
Equity
99.8%
Cash
0.2%
Whole-portfolio split, as of 31 Aug 2026. The size split below covers only the equity slice of this.
What it owns
52 positions · top 10 = 33.8%
Market-cap mix (equity sleeve)
Large 86.8%Mid 13.1%Other 0.1%
as of 31 Aug 2026
Holdings by sector
Financial Services(1 in top 10)19.8%
- Cholamandalam Investment and Finance Co Ltd3.16%
Consumer Cyclical(3 in top 10)16.3%
- TVS Motor Co Ltd4.01%
- Tata Motors Ltd3.87%
- Samvardhana Motherson International Ltd2.97%
Industrials(2 in top 10)12.5%
- Hindustan Aeronautics Ltd Ordinary Shares3.58%
- Cummins India Ltd2.71%
Utilities(1 in top 10)11.9%
- Adani Power Ltd3.23%
- Basic Materials10.9%
- Consumer Defensive10.2%
Healthcare(2 in top 10)8.8%
- Divi's Laboratories Ltd4.73%
- Torrent Pharmaceuticals Ltd2.92%
Energy(1 in top 10)4.6%
- Bharat Petroleum Corp Ltd2.58%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026.
Money in, money out
- Net flow, 3 months
- +₹2 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Choice Nifty Next 50 Index Fund?
- ₹10.48 per unit as of 27 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Choice Nifty Next 50 Index Fund?
- 0.91% a year for the Direct plan, as of 31 Aug 2026.
- How large is Choice Nifty Next 50 Index Fund?
- ₹20 crore under management as of 30 Sept 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 0.5 years.
Analyse this fund in your real portfolio
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Where this fund sits
Fund house
Choice Mutual Fund funds →
Browse this AMC’s published funds, categories, assets and dated NAV links.
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
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Check its overlap →
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Other Index Funds funds
- UTI Nifty 50 Index Fund₹28,064 crore
- HDFC Nifty 50 Index Fund₹22,246 crore
- ICICI Prudential Nifty 50 Index Fund₹16,311 crore
- Baroda BNP Paribas Nifty200 Momentum 30 Index Fund₹21 crore
- PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund₹21 crore
- SBI Nifty G-sec Jul 2031 Index Fund₹20 crore
- Zerodha BSE SENSEX Index Fund₹19 crore
- Choice Nifty 50 Index Fund₹15 crore
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.