ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF is an ETF fund and Nippon India BSE Sensex Next 30 ETF is a mutual fund. In the year to 30-10-2026, ICICI Prudential Nifty Alpha Low- Volatility 30 ETF returned −7.2% and Nippon India BSE Sensex Next 30 ETF (Direct) returned −2.1%. ICICI Prudential Nifty Alpha Low- Volatility 30 ETF charges 0.57% a year and Nippon India BSE Sensex Next 30 ETF 0.20%. Their portfolios overlap 39.2%: they hold 12 of the same securities.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
ETF
- 1 year return
- −7.2%
- Expense ratio
- 0.57%
- NAV
- ₹25.84
Nippon India BSE Sensex Next 30 ETF
- 1 year return
- −2.1%
- Expense ratio
- 0.20%
- NAV
- ₹39.64
Which is better, ICICI Prudential Nifty Alpha Low- Volatility 30 ETF or Nippon India BSE Sensex Next 30 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India BSE Sensex Next 30 ETF returned more over 1 year: −2.1% against −7.2%.
- Nippon India BSE Sensex Next 30 ETF costs less: 0.20% a year against 0.57%.
- Nippon India BSE Sensex Next 30 ETF fell less in its worst fall since 12-06-2025: −12.0% against −13.4%.
- ICICI Prudential Nifty Alpha Low- Volatility 30 ETF is the larger fund: ₹1,470 Cr against ₹7 Cr.
- Their portfolios overlap 39.2%: 12 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹1,470 Cr (30-09-2026) | ₹7 Cr (30-09-2026) |
| NAV | ₹25.84 | ₹39.64 (Direct) |
| Expense ratio (Direct) | Not available | 0.20% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Not available |
| Benchmark | Nifty Alpha Low -Volatility 30 TRI | Not available |
| Launch date | 12-08-2020 | Not available |
| Minimum investment | During Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its mul | Not available |
| Lock in | None | Not available |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | Not available |
| Exit load | Nil There will be no exit load for units sold through the secondary market on the stock exchanges where the Scheme will be listed. | Not available |
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | −1.07% | −8.66% | −2.50% | −7.22% | +8.92% | +8.35% | -- |
| Nippon India BSE Sensex Next 30 ETF (Direct) | −2.20% | −7.31% | −4.94% | −2.13% | -- | -- | -- |
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Year-wise Returns
| Year | ICICI Prudential Nifty Alpha Low- VolatilityICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex NextNippon India BSE Sensex Next 30 ETF |
|---|---|---|
| 2026to date | −7.45% | −2.74% |
| 2025 | −0.25% | -- |
| 2024 | +17.01% | -- |
| 2023 | +38.20% | -- |
| 2022 | −3.59% | -- |
| 2021 | +30.22% | -- |
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Rolling Returns
Every holding period of both funds, against NIFTY Alpha Low-Volatility 30 TRI, the benchmark of ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Rolling returns
Every 1-year holding period, 95 of them, one for each trading day from 12-06-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Nippon India BSE Sensex Next 30 ETF (Direct)
NIFTY Alpha Low-Volatility 30 TRI
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | 57.9 | 32.6 | 9.5 | 0.0 | 0.0 | 0.0 | 0.0 | −0.5% | −0.7% | −10.1% | 7.6% | 0% |
| Nippon India BSE Sensex Next 30 ETF | 9.5 | 9.5 | 46.3 | 29.5 | 5.3 | 0.0 | 0.0 | 7.8% | 8.5% | −3.8% | 16.9% | 100% |
| NIFTY Alpha Low-Volatility 30 TRI | 50.5 | 37.9 | 11.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1% | −0.2% | −9.6% | 8.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY Alpha Low-Volatility 30 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 12-06-2025. Past returns do not promise future returns.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETFICICI Prudential Nifty Alpha Low- Volatility 30 ETF | ₹1,70,000 | ₹1,61,949 | −₹8,051 | −6.4% |
| Nippon India BSE Sensex Next 30 ETFNippon India BSE Sensex Next 30 ETF (Direct) | ₹1,70,000 | ₹1,67,695 | −₹2,305 | −1.8% |
ICICI Prudential Nifty Alpha Low- Volatility 30 ETFICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Nippon India BSE Sensex Next 30 ETFNippon India BSE Sensex Next 30 ETF (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −7.22% | −2.13% |
| Standard deviation | 13.45% | 14.52% |
| Sharpe ratio | -0.93 | -0.51 |
| Sortino ratio | -1.22 | -0.66 |
| Maximum drawdown | −13.4% (31-03-2026) | −12.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.56% | −0.19% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +13.48% | +2.98% |
| Standard deviation | 13.41% | 13.40% |
| Sharpe ratio | 0.61 | -0.17 |
| Sortino ratio | 0.84 | -0.23 |
| Maximum drawdown | −25.0% (28-02-2025) | −12.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.64% | −0.25% |
From daily NAVs, 13-08-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Nippon India BSE Sensex Next 30 ETF (Direct)
NIFTY Alpha Low-Volatility 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | −13.4% | 23-02-2026 | 31-03-2026 | 03-08-2026 | 4 months | −10.2% |
| Nippon India BSE Sensex Next 30 ETF (Direct) | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
| NIFTY Alpha Low-Volatility 30 TRI | −13.4% | 23-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −10.1% |
From daily values since 12-06-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Nippon India BSE Sensex Next 30 ETF (Direct)
NIFTY Alpha Low-Volatility 30 TRI
Against NIFTY Alpha Low-Volatility 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | 98% | 101% | 0.14% |
| Nippon India BSE Sensex Next 30 ETF (Direct) | 95% | 68% | 6.99% |
From month-end values since 12-06-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty Alpha Low- Volatility 30 ETF, September 2026; Nippon India BSE Sensex Next 30 ETF, September 2026
Holdings in common
- Overlap
- 39.2%
- Held by both
- 12
- Only in ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
- 18
- Only in Nippon India BSE Sensex Next 30 ETF
- 18
| Security | % of ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | % of Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Bajaj Auto Ltd. | 4.01% | 4.61% |
| Hindalco Industries Ltd. | 3.81% | 5.42% |
| Nestle India Ltd. | 3.72% | 3.74% |
| JSW Steel Ltd. | 3.62% | 4.78% |
| Grasim Industries Ltd. | 3.61% | 4.59% |
| Apollo Hospitals Enterprise Ltd. | 3.93% | 3.32% |
| TVS Motor Company Ltd. | 3.23% | 3.82% |
| SBI Life Insurance Company Ltd. | 3.53% | 3.05% |
| Coal India Ltd. | 3.05% | 4.08% |
| Eicher Motors Ltd. | 3.03% | 3.92% |
| Tata Consumer Products Ltd. | 2.49% | 2.45% |
| Britannia Industries Ltd. | 2.91% | 2.27% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.2% means 39.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
| Security | % of fund |
|---|---|
| Torrent Pharmaceuticals Ltd. | 4.73% |
| NTPC Ltd. | 4.11% |
| Marico Ltd. | 3.99% |
| ICICI Bank Ltd. | 3.78% |
| Sun Pharmaceutical Industries Ltd. | 3.61% |
Largest holdings only in Nippon India BSE Sensex Next 30 ETF
| Security | % of fund |
|---|---|
| Shriram Finance Limited | 5.46% |
| Divi's Laboratories Limited | 4.73% |
| Adani Enterprises Limited | 3.92% |
| Oil & Natural Gas Corporation Limited | 3.51% |
| Hindustan Aeronautics Limited | 3.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Equity | 100.0% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.2% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Large Cap | 84.3% | 86.9% |
| Mid Cap | 15.7% | 12.9% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Automobiles | 12.8% | 17.4% |
| Pharmaceuticals & Biotechnology | 14.4% | 10.8% |
| Finance | 0.0% | 11.1% |
| Banks | 10.5% | 0.0% |
| Food Products | 6.6% | 6.0% |
| Agricultural Food & Other Products | 6.5% | 0.0% |
| Cement & Cement Products | 6.4% | 4.6% |
| Healthcare Services | 3.9% | 6.1% |
| Non - Ferrous Metals | 3.8% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.20% |
| Base expense ratio (Direct) | 0.00% | 0.13% |
| Base expense ratio (Regular) | 0.36% | 0.00% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF vs Nippon India BSE Sensex Next 30 ETF: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty Alpha Low- Volatility 30 ETF and Nippon India BSE Sensex Next 30 ETF?
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF is an ETF fund, Nippon India BSE Sensex Next 30 ETF is a mutual fund, run by ICICI Prudential Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 39.2%. ICICI Prudential Nifty Alpha Low- Volatility 30 ETF charges 0.57% a year and Nippon India BSE Sensex Next 30 ETF 0.20%.
Which has given higher returns, ICICI Prudential Nifty Alpha Low- Volatility 30 ETF or Nippon India BSE Sensex Next 30 ETF?
Over 1 year: ICICI Prudential Nifty Alpha Low- Volatility 30 ETF −7.22%, Nippon India BSE Sensex Next 30 ETF −2.13%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty Alpha Low- Volatility 30 ETF or Nippon India BSE Sensex Next 30 ETF?
Nippon India BSE Sensex Next 30 ETF charges less: 0.20% a year against 0.57%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty Alpha Low- Volatility 30 ETF and Nippon India BSE Sensex Next 30 ETF overlap?
39.2%. They hold 12 of the same securities, the largest shared ones being BAJAJ-AUTO, HINDALCO, NESTLEIND. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty Alpha Low- Volatility 30 ETF and Nippon India BSE Sensex Next 30 ETF?
Yes. 39.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.