Now Reading: Choice Mutual Fund launches first actively managed equity fund
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Choice Mutual Fund launches first actively managed equity fund
The Story in Brief
Choice Mutual Fund has launched the Choice Large & Mid Cap Fund, its first actively managed equity scheme. The open-ended fund will invest at least 35 per cent each in large-cap and mid-cap stocks, with up to 30 per cent in small caps or other permitted assets. The NFO opened on 20 October 2026 and closes on 3 November 2026, with a unit price of Rs 10.
The fund will pick stocks using Choice AMC’s GVOTE framework, which evaluates companies on growth, value, operating earnings, trajectory and excellence. Fund manager Rochan Pattnaik brings over 20 years of experience in investment management. The minimum lumpsum investment is Rs 1,000, and SIPs can start from Rs 250 daily, weekly or monthly. Exit load is 1 per cent if redeemed within 365 days, no charge after that.
Indian Opinion Analysis
Choice Mutual Fund’s first actively managed equity fund opens a new option for retail investors who want a single SIP covering both large and mid-cap stocks. The fund’s GVOTE stock-selection framework gives it a process-driven edge, but the ‘Very High’ risk grade means gains could come with sharp volatility. Investors have until 3 November 2026 to decide, and those exiting within 365 days face a 1 per cent exit load. The ₹250 SIP entry is low enough to attract first-time investors, though the fund’s performance will only be measurable months after its close.
Source: businesstoday.in
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