Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 61/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)8.91%
- Expense ratio (20%)0.58%
- AUM (15%)₹1,292 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Equity · Large & MidCap
₹15.38
AUM: ₹1,291 Cr
NAV updated about 16 hours ago
Plan
Direct
Option
Idcw
Risk
High
Expense Ratio
0.58%
Exit Load
Nil
Fund Manager
Mehul Dama
Inception
Aug 2022
Benchmark
Nifty Alpha Low Volatility 30 Total Return Index
Sharpe Ratio
-0.62
Std Dev (1Y)
13.13%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-6.03%
3m
-2.75%
6m
+4.06%
1y
-1.66%
3y
+8.91%
5y
—
10y
—
since inception
+11.37%
TopFund's Take on Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option
Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option sits in the middle of the pack for Large & MidCap funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 61/100.
Cost: At 0.58%, the expense ratio is meaningfully cheaper — about 34% below the Large & MidCap category average of 0.88% (based on 286 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.62 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 13.13% is fairly typical for Large & MidCap funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option
The current NAV (Net Asset Value) of Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is ₹15.38. NAV is updated every business day after market close by AMFI.
1Y: -1.66% · 3Y CAGR: 8.91%
The expense ratio of Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is 0.58% per annum. This is the annual fee charged by the fund to manage your investment.
Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is managed by Mehul Dama at Nippon India Mutual Fund.
Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - IDCW Option is ₹1,292 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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