Choice Mutual Fund launches large and mid cap fund; NFO closes on November 3

SENSEX 73,348.74

 -504.16

NIFTY 22,685.85

 -203.10

CRUDEOIL 9,428.00

+ 117.00

GOLD 145,950.00

 -569.00

SILVER 208,915.00

 -2,570.00

SENSEX 73,348.74

 -504.16

NIFTY 22,685.85

 -203.10

NIFTY 22,685.85

 -203.10

CRUDEOIL 9,428.00

+ 117.00

CRUDEOIL 9,428.00

+ 117.00

GOLD 145,950.00

 -569.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

The scheme combines large and mid cap exposure, with the fund manager selecting stocks within the prescribed allocation limits.

By PTI

Updated - October 21, 2026 at 02:53 PM. | New Delhi

Choice Mutual Fund has launched its actively managed Choice Large & Mid Cap Fund, with the NFO open until November 3. | Photo Credit: iStockphoto

Choice Mutual Fund has entered the actively managed equity segment with the launch of its large & mid cap fund, offering investors exposure to both categories through a single scheme.

The New Fund Offer (NFO) opened on October 20 and will conclude on November 3, with units priced at Rs 10 each, according to a statement.

The scheme will invest at least 35 per cent each in large cap stock and mid cap stocks, with up to 30 per cent available for small cap stocks and other permitted instruments.

The scheme is benchmarked against the Nifty Large Midcap 250 Total Return Index. It offers daily and weekly SIPs starting at Rs 250 and carries a very high risk rating.

First actively managed equity scheme

"Our equity schemes so far have been index funds, and with the Choice Large & Mid Cap Fund we now offer an actively managed equity scheme. The mandate is simple to explain: at least 35 per cent each in large and mid cap companies, with the fund manager selecting stocks within it," said Ajay Kejriwal, CEO at Choice Mutual Fund.

Published on October 21, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers