Two-factor strategy combining high alpha generation with low historical volatility to capture superior risk-adjusted returns.
| # | Symbol | Company Name | Industry / Sector | Series | ISIN Code | Institutional Holdings |
|---|---|---|---|---|---|---|
| 1 | APOLLOHOSP | Apollo Hospitals Enterprise Ltd. | Healthcare | EQ | INE437A01024 | View Fund Holdings ➔ |
| 2 | ASIANPAINT | Asian Paints Ltd. | Consumer Durables | EQ | INE021A01026 | View Fund Holdings ➔ |
| 3 | BAJAJ-AUTO | Bajaj Auto Ltd. | Automobile and Auto Components | EQ | INE917I01010 | View Fund Holdings ➔ |
| 4 | BHARTIARTL | Bharti Airtel Ltd. | Telecommunication | EQ | INE397D01024 | View Fund Holdings ➔ |
| 5 | BRITANNIA | Britannia Industries Ltd. | Fast Moving Consumer Goods | EQ | INE216A01030 | View Fund Holdings ➔ |
| 6 | COALINDIA | Coal India Ltd. | Oil Gas & Consumable Fuels | EQ | INE522F01014 | View Fund Holdings ➔ |
| 7 | CUMMINSIND | Cummins India Ltd. | Capital Goods | EQ | INE298A01020 | View Fund Holdings ➔ |
| 8 | EICHERMOT | Eicher Motors Ltd. | Automobile and Auto Components | EQ | INE066A01021 | View Fund Holdings ➔ |
| 9 | FEDERALBNK | Federal Bank Ltd. | Financial Services | EQ | INE171A01029 | View Fund Holdings ➔ |
| 10 | GRASIM | Grasim Industries Ltd. | Construction Materials | EQ | INE047A01021 | View Fund Holdings ➔ |
| 11 | HINDALCO | Hindalco Industries Ltd. | Metals & Mining | EQ | INE038A01020 | View Fund Holdings ➔ |
| 12 | ICICIBANK | ICICI Bank Ltd. | Financial Services | EQ | INE090A01021 | View Fund Holdings ➔ |
| 13 | JSWSTEEL | JSW Steel Ltd. | Metals & Mining | EQ | INE019A01038 | View Fund Holdings ➔ |
| 14 | LUPIN | Lupin Ltd. | Healthcare | EQ | INE326A01037 | View Fund Holdings ➔ |
| 15 | MARICO | Marico Ltd. | Fast Moving Consumer Goods | EQ | INE196A01026 | View Fund Holdings ➔ |
| 16 | MARUTI | Maruti Suzuki India Ltd. | Automobile and Auto Components | EQ | INE585B01010 | View Fund Holdings ➔ |
| 17 | MFSL | Max Financial Services Ltd. | Financial Services | EQ | INE180A01020 | View Fund Holdings ➔ |
| 18 | NTPC | NTPC Ltd. | Power | EQ | INE733E01010 | View Fund Holdings ➔ |
| 19 | NESTLEIND | Nestle India Ltd. | Fast Moving Consumer Goods | EQ | INE239A01024 | View Fund Holdings ➔ |
| 20 | PIDILITIND | Pidilite Industries Ltd. | Chemicals | EQ | INE318A01026 | View Fund Holdings ➔ |
| 21 | RELIANCE | Reliance Industries Ltd. | Oil Gas & Consumable Fuels | EQ | INE002A01018 | View Fund Holdings ➔ |
| 22 | SBILIFE | SBI Life Insurance Company Ltd. | Financial Services | EQ | INE123W01016 | View Fund Holdings ➔ |
| 23 | SBIN | State Bank of India | Financial Services | EQ | INE062A01020 | View Fund Holdings ➔ |
| 24 | SUNPHARMA | Sun Pharmaceutical Industries Ltd. | Healthcare | EQ | INE044A01036 | View Fund Holdings ➔ |
| 25 | TVSMOTOR | TVS Motor Company Ltd. | Automobile and Auto Components | EQ | INE494B01023 | View Fund Holdings ➔ |
| 26 | TATACONSUM | Tata Consumer Products Ltd. | Fast Moving Consumer Goods | EQ | INE192A01025 | View Fund Holdings ➔ |
| 27 | TITAN | Titan Company Ltd. | Consumer Durables | EQ | INE280A01028 | View Fund Holdings ➔ |
| 28 | TORNTPHARM | Torrent Pharmaceuticals Ltd. | Healthcare | EQ | INE685A01028 | View Fund Holdings ➔ |
| 29 | ULTRACEMCO | UltraTech Cement Ltd. | Construction Materials | EQ | INE481G01011 | View Fund Holdings ➔ |
| 30 | ZYDUSLIFE | Zydus Lifesciences Ltd. | Healthcare | EQ | INE010B01027 | View Fund Holdings ➔ |
Compare portfolio overlap, common stock weightings, and sector concentration between Nifty Alpha Low-Volatility 30 and any of the other 63 benchmarks (e.g. Nifty 50, Nifty 500, or BSE SENSEX).
Nifty Alpha Low-Volatility 30 is reconstituted semi-annually in March and September using average data over a six-month observation window. Stock weightings are calculated based on free-float market capitalization with regulatory single-stock concentration caps where applicable.
SEBI guidelines require all Indian active and passive mutual fund schemes to measure alpha against Total Return Indices (TRI). Unlike Price Return indices, TRI accounts for gross dividend reinvestment, providing an authentic benchmark for performance attribution.
Every stock in this constituent list is integrated with the Abundance Reverse Stock Holdings Engine. Click "View Fund Holdings ➔" to inspect which mutual funds, PMS managers, and schemes have built active positions in that equity.
As of 2026-09-22, the Nifty Alpha Low-Volatility 30 consists of exactly 30 listed equity constituents on the NSE. The portfolio is reconstituted semi-annually based on predefined methodology rules.
The current trailing Price-to-Earnings (P/E) ratio of Nifty Alpha Low-Volatility 30 is 26.13x (P/B: 4.16x, Dividend Yield: 0.91%). Historically, this places the index in the N/A valuation band.
You can view institutional mutual fund ownership and portfolio weights for every constituent by clicking the "View Fund Holdings ➔" link next to any stock symbol in the table below. This deep-links directly into our Reverse Stock Holdings Engine (/stocks-in-funds).
The Price Return (PR) version of Nifty Alpha Low-Volatility 30 measures only stock price changes. Under SEBI regulations, mutual funds benchmark against the Total Return Index (TRI) variant, which reinvests all gross dividend payouts back into the portfolio. Over a 5-to-10 year horizon, dividend reinvestment typically generates an additional 1.2% to 1.8% in annualised returns.