Kotak NIFTY Alpha Low Volatility 30 Index Fund vs Nippon India BSE Sensex Next 30 ETF
Direct Plan, Growth option · Data as on 30-10-2026
Kotak NIFTY Alpha Low Volatility 30 Index Fund is an Index fund and Nippon India BSE Sensex Next 30 ETF is a mutual fund. Kotak NIFTY Alpha Low Volatility 30 Index Fund charges 1.00% a year and Nippon India BSE Sensex Next 30 ETF 0.20% (Direct plans). Their portfolios overlap 39.2%: they hold 12 of the same securities.
Kotak NIFTY Alpha Low Volatility 30 Index Fund
Index
- Expense ratio
- 1.00%
- NAV
- ₹9.54
Nippon India BSE Sensex Next 30 ETF
- Expense ratio
- 0.20%
- NAV
- ₹39.64
Which is better, Kotak NIFTY Alpha Low Volatility 30 Index 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 costs less: 0.20% a year against 1.00% (Direct plans).
- Nippon India BSE Sensex Next 30 ETF fell less in its worst fall since 22-06-2026: −12.0% against −12.4%.
- Kotak NIFTY Alpha Low Volatility 30 Index is the larger fund: ₹7 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 | Kotak NIFTY Alpha Low Volatility 30 Index Fund | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹7 Cr (30-09-2026) | ₹7 Cr (30-09-2026) |
| NAV | ₹9.54 (Direct) | ₹39.64 (Direct) |
| Expense ratio (Direct) | 1.00% | 0.20% |
| Expense ratio (Regular) | 1.58% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Alpha Low -Volatility 30 TRI | Not available |
| Launch date | 17-06-2026 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen | Not available |
| Exit load | NIL | Not available |
Kotak NIFTY Alpha Low Volatility 30 Index 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 |
|---|---|---|---|---|---|---|---|
| Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | −1.06% | −8.63% | -- | -- | -- | -- | -- |
| Nippon India BSE Sensex Next 30 ETF (Direct) | −2.20% | −7.31% | −4.94% | −2.13% | -- | -- | -- |
Kotak NIFTY Alpha Low Volatility 30 Index vs Nippon India BSE Sensex Next 30 ETF: Year-wise Returns
| Year | Kotak NIFTY Alpha Low Volatility 30 IndexKotak NIFTY Alpha Low Volatility 30 Index | Nippon India BSE Sensex Next 30 ETFNippon India BSE Sensex Next 30 ETF |
|---|---|---|
| 2026to date | -- | −2.74% |
Kotak NIFTY Alpha Low Volatility 30 Index 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 Kotak NIFTY Alpha Low Volatility 30 Index Fund
Kotak NIFTY Alpha Low Volatility 30 Index 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 | Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | Nippon India BSE Sensex Next 30 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −13.59% | +2.98% |
| Standard deviation | 10.46% | 13.40% |
| Sharpe ratio | -1.80 | -0.17 |
| Sortino ratio | -2.21 | -0.23 |
| Maximum drawdown | −12.4% (23-10-2026) | −12.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.50% | −0.25% |
From daily NAVs, 22-06-2026 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.
Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct)
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 |
|---|---|---|---|---|---|---|
| Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | −12.4% | 03-08-2026 | 23-10-2026 | Not yet | -- | −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 | −12.3% | 03-08-2026 | 23-10-2026 | Not yet | -- | −10.1% |
From daily values since 22-06-2026, the first day every fund has.
Kotak NIFTY Alpha Low Volatility 30 Index vs Nippon India BSE Sensex Next 30 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak NIFTY Alpha Low Volatility 30 Index Fund, September 2026; Nippon India BSE Sensex Next 30 ETF, September 2026
Holdings in common
- Overlap
- 39.2%
- Held by both
- 12
- Only in Kotak NIFTY Alpha Low Volatility 30 Index
- 18
- Only in Nippon India BSE Sensex Next 30 ETF
- 18
| Security | % of Kotak NIFTY Alpha Low Volatility 30 Index | % 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 | 3.54% | 3.05% |
| Coal India Limited | 3.05% | 4.08% |
| Eicher Motors Ltd. | 3.04% | 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 Kotak NIFTY Alpha Low Volatility 30 Index Fund
| 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 | Kotak NIFTY Alpha Low Volatility 30 Index | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Equity | 100.1% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.2% |
Market cap of stocks
| Market cap | Kotak NIFTY Alpha Low Volatility 30 Index | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Large Cap | 84.3% | 86.9% |
| Mid Cap | 15.8% | 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 | Kotak NIFTY Alpha Low Volatility 30 Index | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Automobiles | 12.8% | 17.4% |
| Pharmaceuticals and Biotechnology | 14.4% | 0.0% |
| Finance | 0.0% | 11.1% |
| Pharmaceuticals & Biotechnology | 0.0% | 10.8% |
| Banks | 10.5% | 0.0% |
| Food Products | 6.6% | 6.0% |
| Agricultural Food and other Product | 6.5% | 0.0% |
| Cement and Cement Products | 6.4% | 0.0% |
| 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.
Kotak NIFTY Alpha Low Volatility 30 Index vs Nippon India BSE Sensex Next 30 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak NIFTY Alpha Low Volatility 30 Index Fund | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 0.20% |
| Base expense ratio (Direct) | 0.20% | 0.13% |
| Total expense ratio (Regular) | 1.58% | Not available |
| Base expense ratio (Regular) | 0.69% | 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.
Kotak NIFTY Alpha Low Volatility 30 Index Fund vs Nippon India BSE Sensex Next 30 ETF: Frequently Asked Questions
What is the difference between Kotak NIFTY Alpha Low Volatility 30 Index Fund and Nippon India BSE Sensex Next 30 ETF?
Kotak NIFTY Alpha Low Volatility 30 Index Fund is an Index fund, Nippon India BSE Sensex Next 30 ETF is a mutual fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 39.2%. Kotak NIFTY Alpha Low Volatility 30 Index Fund charges 1.00% a year and Nippon India BSE Sensex Next 30 ETF 0.20%.
Which has the lower expense ratio, Kotak NIFTY Alpha Low Volatility 30 Index Fund or Nippon India BSE Sensex Next 30 ETF?
Nippon India BSE Sensex Next 30 ETF charges less: 0.20% a year against 1.00%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak NIFTY Alpha Low Volatility 30 Index Fund 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 Kotak NIFTY Alpha Low Volatility 30 Index Fund 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.