MF Gyan
indexHigh riskLess than a year old

Choice Nifty Next 50 Index Fund - Direct Plan - Growth

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Choice Mutual Fund. It's been running since 9 Apr 2026.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹11.3359
▼ 0.23% today
As of 4 Sep 2026 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 500 other funds in Other Scheme - Index Funds

Same plan
Bumpiness (3Y)
14.56%median 13.31% (+1.25%)
Rank #297 of 501Less risky than 41% of peers
Worst-ever drop
-4.99%median -17.34% (+12.35%)
Rank #341 of 501Less risky than 32% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
14.6%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-4.99%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Choice Nifty Next 50 Index Fund - Direct Plan - Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch26.57%
Volatility — 1 year (annualised)14.56%
Volatility — 3 years (annualised)14.56%
Max drawdown — 1 year-4.99%
Max drawdown — 3 years-4.99%
Sharpe ratio — 1 year (rf=6%)1.21
Sharpe ratio — 3 years (rf=6%)1.21

Fund info

Fund house
Choice Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF2KCX01046
ISIN (Div re-invest)
—
Fund code
154304
First price on record
9 Apr 2026 · 103 daily prices

About Choice Nifty Next 50 Index Fund - Direct Plan - Growth

Choice Nifty Next 50 Index Fund - Direct Plan - Growth is a Other Scheme - Index Funds offered by Choice Mutual Fund under the Direct plan with the Growth option. It has approximately 1 year of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of Choice Nifty Next 50 Index Fund - Direct Plan - Growth is ₹11.3359 (as of 4 Sep 2026). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 14.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 5.0%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Choice Nifty Next 50 Index Fund - Direct Plan - Growth?+

The latest NAV of Choice Nifty Next 50 Index Fund - Direct Plan - Growth is ₹11.3359 as of 4 Sep 2026, down 0.23% from the previous day. NAV is updated once a business day after the market close.

What category does Choice Nifty Next 50 Index Fund - Direct Plan - Growth belong to?+

Choice Nifty Next 50 Index Fund - Direct Plan - Growth is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is Choice Nifty Next 50 Index Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 14.6%, Choice Nifty Next 50 Index Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Choice Nifty Next 50 Index Fund - Direct Plan - Growth a direct plan?+

Choice Nifty Next 50 Index Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Choice Nifty Next 50 Index Fund - Direct Plan - Growth?+

Choice Nifty Next 50 Index Fund - Direct Plan - Growth has NAV history available from 9 Apr 2026 — approximately 1 year of track record and 103 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.