Nippon India BSE Sensex Next 30 Index Fund vs UTI Nifty Alpha Low-Volatility 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India BSE Sensex Next 30 Index Fund is a mutual fund and UTI Nifty Alpha Low-Volatility 30 Index Fund is an Index fund. In the year to 30-10-2026, Nippon India BSE Sensex Next 30 Index Fund (Direct) returned −2.4% and UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) returned −7.4%. Nippon India BSE Sensex Next 30 Index Fund charges 0.43% a year and UTI Nifty Alpha Low-Volatility 30 Index Fund 0.79% (Direct plans). Their portfolios overlap 39.1%: they hold 12 of the same securities.
Nippon India BSE Sensex Next 30 Index Fund
- 1 year return
- −2.4%
- Expense ratio
- 0.43%
- NAV
- ₹10.24
UTI Nifty Alpha Low-Volatility 30 Index Fund
Index
- 1 year return
- −7.4%
- Expense ratio
- 0.79%
- NAV
- ₹9.12
Which is better, Nippon India BSE Sensex Next 30 Index or UTI Nifty Alpha Low-Volatility 30 Index? 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 Index returned more over 1 year: −2.4% against −7.4%.
- Nippon India BSE Sensex Next 30 Index costs less: 0.43% a year against 0.79% (Direct plans).
- Nippon India BSE Sensex Next 30 Index fell less in its worst fall since 12-06-2025: −12.1% against −13.4%.
- Nippon India BSE Sensex Next 30 Index is the larger fund: ₹87 Cr against ₹63 Cr.
- Their portfolios overlap 39.1%: 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 | Nippon India BSE Sensex Next 30 Index Fund | UTI Nifty Alpha Low-Volatility 30 Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Not available | Index |
| AUM | ₹87 Cr (30-09-2026) | ₹63 Cr (30-09-2026) |
| NAV | ₹10.24 (Direct) | ₹9.12 (Direct) |
| Expense ratio (Direct) | 0.43% | 0.79% |
| Expense ratio (Regular) | 0.75% | 1.21% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Alpha Low -Volatility 30 TRI |
| Launch date | Not available | 28-11-2024 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Not available | Nil |
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: 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 |
|---|---|---|---|---|---|---|---|
| Nippon India BSE Sensex Next 30 Index Fund (Direct) | −2.20% | −7.35% | −5.02% | −2.35% | -- | -- | -- |
| UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) | −1.08% | −8.71% | −2.57% | −7.39% | -- | -- | -- |
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Year-wise Returns
| Year | Nippon India BSE Sensex NextNippon India BSE Sensex Next 30 Index | UTI Nifty Alpha Low-VolatilityUTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| 2026to date | −2.93% | −7.59% |
| 2025 | -- | −0.23% |
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Rolling Returns
Every holding period of both funds, against BSE SENSEX NEXT 30 TRI, the benchmark of Nippon India BSE Sensex Next 30 Index Fund
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.
Nippon India BSE Sensex Next 30 Index Fund (Direct)
UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct)
BSE SENSEX NEXT 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India BSE Sensex Next 30 Index | 10.5 | 10.5 | 45.3 | 31.6 | 2.1 | 0.0 | 0.0 | 7.6% | 8.3% | −4.0% | 16.6% | 0% |
| UTI Nifty Alpha Low-Volatility 30 Index | 58.9 | 31.6 | 9.5 | 0.0 | 0.0 | 0.0 | 0.0 | −0.7% | −0.9% | −10.3% | 7.4% | 0% |
| BSE SENSEX NEXT 30 TRI | 9.5 | 9.5 | 45.3 | 30.5 | 5.3 | 0.0 | 0.0 | 8.0% | 8.7% | −3.6% | 17.1% | -- |
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 BSE SENSEX NEXT 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.
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: 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 12-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India BSE Sensex Next 30 IndexNippon India BSE Sensex Next 30 Index Fund (Direct) | ₹1,70,000 | ₹1,67,360 | −₹2,640 | −2.1% |
| UTI Nifty Alpha Low-Volatility 30 IndexUTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) | ₹1,70,000 | ₹1,61,659 | −₹8,341 | −6.6% |
Nippon India BSE Sensex Next 30 IndexNippon India BSE Sensex Next 30 Index Fund (Direct)
UTI Nifty Alpha Low-Volatility 30 IndexUTI Nifty Alpha Low-Volatility 30 Index Fund (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.
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India BSE Sensex Next 30 Index Fund (Direct) | UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.35% | −7.39% |
| Standard deviation | 14.40% | 13.31% |
| Sharpe ratio | -0.53 | -0.95 |
| Sortino ratio | -0.69 | -1.25 |
| Maximum drawdown | −12.1% (23-10-2026) | −13.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.42% | −0.73% |
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 | Nippon India BSE Sensex Next 30 Index Fund (Direct) | UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.77% | −5.86% |
| Standard deviation | 13.31% | 12.73% |
| Sharpe ratio | -0.19 | -0.90 |
| Sortino ratio | -0.25 | -1.20 |
| Maximum drawdown | −12.1% (23-10-2026) | −16.6% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.45% | −0.59% |
From daily NAVs, 12-06-2025 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.
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.
Nippon India BSE Sensex Next 30 Index Fund (Direct)
UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct)
BSE SENSEX NEXT 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India BSE Sensex Next 30 Index Fund (Direct) | −12.1% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.8% |
| UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) | −13.4% | 23-02-2026 | 31-03-2026 | 03-08-2026 | 4 months | −10.3% |
| BSE SENSEX NEXT 30 TRI | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
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.
Nippon India BSE Sensex Next 30 Index Fund (Direct)
UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct)
BSE SENSEX NEXT 30 TRI
Against BSE SENSEX NEXT 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India BSE Sensex Next 30 Index Fund (Direct) | 99% | 101% | 0.09% |
| UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) | 72% | 106% | 6.98% |
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.
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India BSE Sensex Next 30 Index Fund, September 2026; UTI Nifty Alpha Low-Volatility 30 Index Fund, September 2026
Holdings in common
- Overlap
- 39.1%
- Held by both
- 12
- Only in Nippon India BSE Sensex Next 30 Index
- 18
- Only in UTI Nifty Alpha Low-Volatility 30 Index
- 18
| Security | % of Nippon India BSE Sensex Next 30 Index | % of UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Bajaj Auto Limited | 4.62% | 4.00% |
| Hindalco Industries Limited | 5.43% | 3.79% |
| Nestle India Limited | 3.75% | 3.71% |
| JSW Steel Limited | 4.80% | 3.61% |
| Grasim Industries Limited | 4.60% | 3.60% |
| Apollo Hospitals Enterprise Limited | 3.33% | 3.91% |
| TVS Motor Company Limited | 3.82% | 3.22% |
| SBI Life Insurance Company Limited | 3.06% | 3.52% |
| Coal India Limited | 4.09% | 3.04% |
| Eicher Motors Limited | 3.93% | 3.02% |
| Tata Consumer Products Limited | 2.46% | 2.48% |
| Britannia Industries Limited | 2.27% | 2.90% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.1% means 39.1% 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 Nippon India BSE Sensex Next 30 Index Fund
| Security | % of fund |
|---|---|
| Shriram Finance Limited | 5.47% |
| Divi's Laboratories Limited | 4.74% |
| Adani Enterprises Limited | 3.93% |
| Oil & Natural Gas Corporation Limited | 3.52% |
| Hindustan Aeronautics Limited | 3.49% |
Largest holdings only in UTI Nifty Alpha Low-Volatility 30 Index Fund
| Security | % of fund |
|---|---|
| EQ - TORRENT PHARMACEUTICALS LTD. | 4.72% |
| EQ - NTPC LTD. | 4.10% |
| EQ - MARICO LTD | 3.97% |
| EQ - ICICI BANK LTD | 3.76% |
| EQ - SUN PHARMACEUTICALS INDUSTRIES | 3.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India BSE Sensex Next 30 Index | UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Equity | 100.1% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.3% |
Market cap of stocks
| Market cap | Nippon India BSE Sensex Next 30 Index | UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Large Cap | 87.1% | 84.0% |
| Mid Cap | 13.0% | 15.7% |
| 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 | Nippon India BSE Sensex Next 30 Index | UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Automobiles | 17.5% | 12.7% |
| Pharmaceuticals & Biotechnology | 10.8% | 14.3% |
| Finance | 11.2% | 0.0% |
| Banks | 0.0% | 10.4% |
| Food Products | 6.0% | 6.6% |
| Agricultural Food & other Products | 2.5% | 6.5% |
| Cement & Cement Products | 4.6% | 6.3% |
| Healthcare Services | 6.1% | 3.9% |
| Non - Ferrous Metals | 5.4% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India BSE Sensex Next 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India BSE Sensex Next 30 Index Fund | UTI Nifty Alpha Low-Volatility 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.43% | 0.79% |
| Base expense ratio (Direct) | 0.17% | 0.51% |
| Total expense ratio (Regular) | 0.75% | 1.21% |
| Base expense ratio (Regular) | 0.44% | 0.90% |
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.
Nippon India BSE Sensex Next 30 Index Fund vs UTI Nifty Alpha Low-Volatility 30 Index Fund: Frequently Asked Questions
What is the difference between Nippon India BSE Sensex Next 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund?
Nippon India BSE Sensex Next 30 Index Fund is a mutual fund, UTI Nifty Alpha Low-Volatility 30 Index Fund is an Index fund, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 39.1%. Nippon India BSE Sensex Next 30 Index Fund charges 0.43% a year and UTI Nifty Alpha Low-Volatility 30 Index Fund 0.79%.
Which has given higher returns, Nippon India BSE Sensex Next 30 Index Fund or UTI Nifty Alpha Low-Volatility 30 Index Fund?
Over 1 year: Nippon India BSE Sensex Next 30 Index Fund −2.35%, UTI Nifty Alpha Low-Volatility 30 Index Fund −7.39%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India BSE Sensex Next 30 Index Fund or UTI Nifty Alpha Low-Volatility 30 Index Fund?
Nippon India BSE Sensex Next 30 Index Fund charges less: 0.43% a year against 0.79%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India BSE Sensex Next 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund overlap?
39.1%. 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 Nippon India BSE Sensex Next 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund?
Yes. 39.1% 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.