﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Choice Nifty Next 50 Index Fund</Fund_Name><Option_Names_Regular__Direct>The fund offers Direct and Regular Plan Offers. Each Plan offers Growth Option only</Option_Names_Regular__Direct><Fund_Type>An open-ended scheme replicating/tracking Nifty Next 50 Total Return Index</Fund_Type><Riskometer_At_the_time_of_Launch>Very High Risk. Investors understand that their principal will be at Very High Risk.</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Very High Risk. Investors understand that their principal will be at Very High Risk.</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Others - Index Funds</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>Not Applicable</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Next 50 Index  (TRI), subject to tracking errors. However, there is no assurance or guarantee that this objective will be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Equity Securities covered by Nifty Next 50 Total Return Index -  95 - 100%
Money market instruments / debt securities, Instruments and/or units of Overnight/liquid schemes of domestic Mutual Funds,  Cash and Cash Equivalents - 0-5%</Stated_Asset_Allocation><Face_Value>Rs. 10/- per unit</Face_Value><NFO_Open_Date>19 Mar 2026</NFO_Open_Date><NFO_Close_date>02 Apr 2026</NFO_Close_date><Allotment_Date>10 Apr 2026</Allotment_Date><Reopen_Date>TO BE CONFIRMED</Reopen_Date><Maturity_Date_For_closedend_funds>Not Applicable</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>The performance of the scheme will be benchmarked to Nifty Next 50 Total Return Index.</Benchmark_Tier_1><Benchmark_Tier_2>Not Applicable</Benchmark_Tier_2><Fund_Manager_Name>FM1 -1 Mr. Rochan Pattnayak, FM -2 Ms. Khushi Sancheti, FM -3 Ms. Diksha Upadhyay</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>FM -1 - Primary, FM -2 Comanage, FM -3 Dealer and Co-Fund Manager</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>FM -1 Mr. Rochan Pattnayak (Since Inception), FM -2 Ms. Khushi Sancheti (August 24, 2026), FM -3 Ms.Diksha Upadhyay(August 24, 2026)</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 1.12, Direct 0.72</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>Nil</Exit_Load_if_applicable><Custodian>SBI-SG Global Securities Services Pvt. Ltd.</Custodian><Auditor>M/s Chokshi &amp;amp; Chokshi LLP</Auditor><Registrar>Computer Age Management Services Ltd.</Registrar><RTA_Code_To_be_phased_out /><Listing_Details>Not Applicable</Listing_Details><ISINs>Choice Nifty Next 50 Index Fund - Direct Plan Growth -  INF2KCX01046 , Choice Nifty Next 50 Index Fund - Regular Plan Growth - INF2KCX01053</ISINs><AMFI_Codes_To_be_phased_out>Choice Nifty Next 50 Index Fund - Direct Plan Growth -  154304 , Choice Nifty Next 50 Index Fund - Regular Plan Growth - 154303</AMFI_Codes_To_be_phased_out><SEBI_Codes>CHMF/O/O/EIN/26/03/0003</SEBI_Codes><Minimum_Application_Amount>Initial investment (including switch-ins) - Rs. 1000/-</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>Re. 1/- thereafter</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>Additional Purchases (including switch-ins) - Rs. 100/-</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>Re. 1/- thereafter</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>Any amount</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>There is no minimum amount / units for Redemption / switch-out.</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>Not Applicable</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>Not Applicable</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>Not Applicable</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>In case of , Initial investment (including switch-ins) - Rs. 1000/-
In case of , Additional Purchases (including switch-ins) - Rs. 100/-</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>Not Appliable</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>Re. 1/- thereafter</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>Not Applicable</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>Not Applicable</Max_Switch_Amount><Max_Switch_Units_if_applicable>Not Applicable</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>Not Applicable</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>Not Applicable</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>For SIP - Daily , Weekly, Fortnightly, Monthly, Quarterly, Semi Annually &amp;amp; Annually
For SWP - Monthly , Quarterly, Semi Annually &amp;amp; Annually
For STP - Daily , Weekly, Fortnightly, Monthly, Quarterly</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>For SIP - Daily - Rs.250/-  , Weekly - Rs.250/- , Fortnightly - Rs.500/- , Monthly - Rs.500/- , Quarterly - Rs.1,000/- , Semi Annually - Rs.5,000/-  &amp;amp; Annually - Rs.5,000/- 
For SWP - Monthly - Rs.1,000/- , Quarterly - Rs.3,000/- , Semi Annually - Rs.6,000/-  &amp;amp; Annually - Rs.6,000/-  
For STP - Daily - Rs.250/-  , Weekly - Rs.500/- , Fortnightly - Rs.500/- , Monthly - Rs.1000/- , Quarterly - Rs.3,000/- 
</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>In multiples of Re.1/-</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>For SIP - Daily - 30 installments , Weekly - 12 installments, Fortnightly - 12 installments, Monthly - 12 installments, Quarterly - 4 installments, Semi Annually  - 4 installments &amp;amp; Annually  - 4 installments
For SWP - Minimum installments 2 for all frequencies
For STP - Daily - 30 installments , Weekly - 12 installments, Fortnightly - 12 installments, Monthly - 12 installments, Quarterly - 4 installments</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>For SIP - Daily - All business days , Weekly - Any Day from Monday to Friday , Fortnightly - 1st &amp;amp; 16th of the month, Monthly - Any date, Quarterly - Any Date, Semi Annually Any date &amp;amp; Annually -Any date. 
For SWP - Any date 
For STP - For SIP - Daily - All business days , Weekly - Any Day from Monday to Friday , Fortnightly - 1st &amp;amp; 16th of the month, Monthly - Any date, Quarterly - Any Date</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>Not Applicable</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>