Description
NSE informs members that Choice Mutual Fund has revised the allotment date for Choice Nifty Next 50 Index Fund NFO from April 10, 2026 to April 7, 2026 on the NSE MF Invest Platform.
Summary
NSE has informed all members that Choice Mutual Fund has communicated a revision to the allotment date for the Choice Nifty Next 50 Index Fund NFO on the NSE MF Invest Platform. The allotment date has been preponed from April 10, 2026 to April 7, 2026.
Key Points
- Allotment date for Choice Nifty Next 50 Index Fund NFO has been revised from April 10, 2026 to April 7, 2026.
- SIP/XSIP registration authentication must be completed by clients before 11:59 PM on the NFO closure date.
- Clear funds via any payment mode must be received in the designated Clearing Corporation account on or before April 7, 2026 by 2:00 PM.
- Circular issued by NSE’s NMF TM Segment under Download Ref No: NSE/NMFTM/73612 and Circular Ref. No: 1312/2026.
Regulatory Changes
No regulatory changes. This is an administrative update from Choice Mutual Fund communicated through NSE regarding a revised NFO allotment date.
Compliance Requirements
- Members must ensure that clear funds through any payment mode are received in the designated Clearing Corporation account on or before April 7, 2026 by 2:00 PM.
- Clients must complete SIP/XSIP registration authentication before 11:59 PM on the NFO closure date.
Important Dates
| Event | Previous Date | Revised Date |
|---|---|---|
| Allotment Date | April 10, 2026 | April 7, 2026 |
| Fund receipt deadline | — | April 7, 2026, 2:00 PM |
| SIP/XSIP auth deadline | — | NFO closure date, 11:59 PM |
Impact Assessment
This update has a limited and narrow impact, affecting only members and investors participating in the Choice Nifty Next 50 Index Fund NFO via the NSE MF Invest Platform. The preponing of the allotment date by three days requires members to expedite fund settlement and ensure timely receipt of clear funds. No broader market or systemic impact is anticipated.
Impact Justification
Routine administrative update revising the NFO allotment date for a single mutual fund scheme; affects only investors and members participating in Choice Nifty Next 50 Index Fund NFO on NSE MF Invest Platform.