Choice Nifty 50 Index Fund
This is the Direct plan of Choice Nifty 50 Index Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Index Funds peers to rank yet
Volatility 11.6% vs 12.3% category avg
0.7% expense vs 0.5% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Trails the Index Funds average on 1M/3M/6M
- High expense ratio (0.68%) vs the Index Funds average of 0.50%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Index Funds)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.62% | -3.92% | -1.70% |
| 3M abs | -6.95% | -3.17% | -3.78% |
| 6M abs | -4.53% | +5.93% | -10.46% |
| 1Y CAGR | — | -0.08% | — |
| 3Y CAGR | — | +9.25% | — |
| 5Y CAGR | — | +8.29% | — |
Category average across peers in Index Funds (376 of 381 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
5 monthly installments of ₹10,000 into Choice Nifty 50 Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio down: 0.76% → 0.68%02 Oct 2026
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.83%
- Cash & Equivalents0.17%
AMC Profile
Choice Mutual Fund is the asset management arm of Choice International, a listed financial services group with broking, distribution and advisory businesses. It is one of the industry's newer entrants.
Fund Managers
RPRochan PattnayakStart date not disclosed
Mr. Rochan Pattnayak has over 15 years of work experience in the financial services industry. Please find below brief details of his experience: 1. 2020 -2024: Head of Institutional Research – Choice Equity Broking. 2. 2019 -2020 : Fund Manager – Quant Capital Finance & Investments Private Limited 3. 2017 -2019 : Sr. Investment Analyst - Edelweiss Asset Management 4. 2011 -2016 : Research Analyst – Indus Equity Advisors 5. 2008 -2010 : Trading Analyst – Wolverine Equities & Markets UK
KSKhushi SanchetiStart date not disclosed
Dealer
Over 4 years
Chartered Accountant
Dealer – Choice AMC Private Limited Industrial Trainee – Finance, Societe Generale (2024–2025), Article Assistant - S. K. Patodia & Associates (2022–2024)
DUDiksha UpadhyayManaging since 24 Aug 2026
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Choice in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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MediaNews4U · 15 Jun 2026
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Choice Overnight Fund - Regular Plan: Overview, Performance, Portfolio | Mutual Fund
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Cafemutual · 12 May 2026
Choice International Hosts Investor Awareness Event Hyderabad
Passionate In Marketing · 11 May 2026
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
From the blog
Frequently asked questions
What is the NAV of Choice Nifty 50 Index Fund?
As of 05 Oct 2026, the NAV of Choice Nifty 50 Index Fund is ₹9.76 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Choice Nifty 50 Index Fund delivered?
Choice Nifty 50 Index Fund has returned -4.53% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Choice Nifty 50 Index Fund?
Choice Nifty 50 Index Fund charges an expense ratio of 0.68% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Choice Nifty 50 Index Fund?
Choice Nifty 50 Index Fund's largest holdings are HDFC Bank Ltd. (9.8%), ICICI Bank Ltd. (9.4%), Reliance Industries Ltd. (7.8%), Bharti Airtel Ltd. (5.0%) and Larsen & Toubro Ltd. (4.3%). Holdings are disclosed monthly and change over time.
How risky is Choice Nifty 50 Index Fund?
Choice Nifty 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.6% and its worst peak-to-trough fall in our sample was -9.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
Who manages Choice Nifty 50 Index Fund?
Choice Nifty 50 Index Fund is managed by Rochan Pattnayak, Khushi Sancheti and Diksha Upadhyay at Choice.
How is Choice Nifty 50 Index Fund taxed?
Choice Nifty 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.