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Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is an index scheme managed by Nippon India Mutual Fund. Three-year compounded annual return is 11.79%, placing it in the 66th percentile of Index peers. It has ranked in the top half of its category for 1 of the last 2 reported years. The total expense ratio is 0.35% on assets of ₹1,329Cr. The fund is currently managed by Jitendra Tolani, appointed within the last year.
Lower is better.
This scheme classifies as Large-Growth on the 3x3 equity style box, with 87% of its portfolio classified as of 2026-04-30.
| Holding | Sector |
|---|
Point-in-time CAGRs cherry-pick a single start date. The chart below shows the distribution of every possible rolling start over the fund's history, so you see the range of investor outcomes — not just one date's number.
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| State Bank of India | Financial Services | 4.67% |
| Nestle India Limited | Consumer Defensive | 4.29% |
| ICICI Bank Limited | Financial Services | 4.23% |
| SBI Life Insurance Company Limited | Financial Services | 4.01% |
| Titan Company Limited | Consumer Cyclical | 3.97% |
| HDFC Bank Limited | Financial Services | 3.87% |
| Eicher Motors Limited | Consumer Cyclical | 3.86% |
| Britannia Industries Limited | Consumer Defensive | 3.82% |
| Maruti Suzuki India Limited | Consumer Cyclical | 3.61% |
| Reliance Industries Limited | Energy | 3.57% |
| The Federal Bank Limited | Financial Services | 3.50% |
| Bharti Airtel Limited | Communication Services | 3.49% |
| Bajaj Finance Limited | Financial Services | 3.43% |
| Apollo Hospitals Enterprise Limited | Healthcare | 3.38% |
| Tata Consumer Products Limited | Consumer Defensive | 3.37% |
| Asian Paints Limited | Basic Materials | 3.34% |
| Sun Pharmaceutical Industries Limited | Healthcare | 3.33% |
| TVS Motor Company Limited | Consumer Cyclical | 3.21% |
| Torrent Pharmaceuticals Limited | Healthcare | 3.18% |
| Pidilite Industries Limited | Basic Materials | 3.11% |
| Dr. Reddy's Laboratories Limited | Healthcare | 3.06% |
| Max Financial Services Limited | Financial Services | 3.04% |
| Marico Limited | Consumer Defensive | 2.98% |
| UltraTech Cement Limited | Basic Materials | 2.87% |
| Kotak Mahindra Bank Limited | Financial Services | 2.79% |
| Sector | Holdings | Weight |
|---|---|---|
| Banks | 5 | 19.06% |
| Automobiles | 3 | 10.68% |
| Insurance | 3 | 9.79% |
| Pharmaceuticals & Biotechnology | 3 | 9.57% |
| Food Products | 2 | 8.11% |
| Cement & Cement Products | 3 | 7.96% |
| Finance | 3 | 7.57% |
| Consumer Durables | 2 | 7.31% |
| Agricultural Food & other Products | 2 | 6.35% |
| Petroleum Products | 1 | 3.57% |
| Telecom - Services | 1 | 3.49% |
| Healthcare Services | 1 | 3.38% |
| Chemicals & Petrochemicals | 1 | 3.11% |
Active bets vs the average Index fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
How crowded into the same stocks is this fund vs the largest fund in its category?
Category leader = highest-AUM scheme in the same SEBI category. A high overlap-of-weight number means the fund is concentrated into the same names as the leader (crowded); a low one means it's genuinely differentiated.
Each cell is one year. Q1 = top quartile within the AMFI category for that period. Cell label is the last two digits of the year.
Top-10 weight 39.9% means the portfolio is broad — even the top names don't dominate. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Index.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.