Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.59
• Std Deviation 14.86%
• Tracking Error 0.00%

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Alpha Low Volatility 30 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved

The Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth has an AUM of 1368.22 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.89%. The minimum investment in Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Apollo Hospitals Enterprise, HDFC Bank, ITC & ICICI Bank.

The major sectors where the fund is invested are Biotechnology & Drugs, Regional Banks, Insurance (Life) & Software & Programming.

Some of the similar funds are Tata Nifty 50 Index Fund Regular Plan, SBI Nifty Smallcap 250 Index Fund Regular Growth, Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth, DSP Nifty Top 10 Equal Weight Index Fund Regular Growth, Edelweiss Nifty Midcap150 Momentum 50 Index Fund Regular Growth. Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth has a sharpe ratio of 0.59 & a standard deviation of 14.86%.