Description
Choice Nifty Next 50 Index Fund of Choice Mutual Fund reopens for ongoing subscriptions, redemptions, and SIP/STP/SWP transactions on NSE MF Invest Platform effective April 09, 2026.
Summary
NSE has informed all members that the Choice Nifty Next 50 Index Fund by Choice Mutual Fund will be available for ongoing transactions on the NSE MF Invest Platform starting April 09, 2026. Both the Regular Plan and Direct Plan (Growth options) are being reopened for subscriptions, redemptions, and systematic transaction facilities.
Key Points
- Choice Nifty Next 50 Index Fund reopened for ongoing subscriptions and redemptions effective April 09, 2026
- SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan) facilities are available
- Two plans available: Regular Plan - Growth (ISIN: INF2KCX01053) and Direct Plan - Growth (ISIN: INF2KCX01046)
- Both schemes fall under the Equity category
- Available on NSE MF Invest Platform
Regulatory Changes
No regulatory changes. This is an operational notification regarding the availability of a mutual fund scheme on the NSE MF Invest Platform.
Compliance Requirements
Members of NSE are informed of the availability and may facilitate client transactions in these schemes through the NSE MF Invest Platform. No specific compliance action is required beyond awareness of the scheme availability.
Important Dates
- Effective Date: April 09, 2026 — Choice Nifty Next 50 Index Fund available for ongoing transactions on NSE MF Invest Platform
Impact Assessment
Limited market impact. This circular is a routine operational update enabling investors to transact in Choice Nifty Next 50 Index Fund through the NSE MF Invest Platform. It expands the fund options available to investors on the platform but does not affect broader market operations or trading rules. Relevant primarily to distributors and investors interested in passive equity index funds tracking the Nifty Next 50 index.
Impact Justification
Routine operational circular notifying members of a mutual fund scheme reopening for transactions; limited market-wide impact, relevant only to investors in Choice Nifty Next 50 Index Fund.