Nippon India Nifty Alpha Low Volatility 30 Index Fund vs SBI Quant Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Nifty Alpha Low Volatility 30 Index Fund is a mutual fund and SBI Quant Fund is a Thematic fund. In the year to 30-10-2026, Nippon India Nifty Alpha Low Volatility 30 Index Fund (Direct) returned −7.2% and SBI Quant Fund (Direct) returned −9.5%. Nippon India Nifty Alpha Low Volatility 30 Index Fund charges 0.56% a year and SBI Quant Fund 1.60% (Direct plans). Their portfolios overlap 29.8%: they hold 10 of the same securities.
Nippon India Nifty Alpha Low Volatility 30 Index Fund
- 1 year return
- −7.2%
- Expense ratio
- 0.56%
- NAV
- ₹15.07
Which is better, Nippon India Nifty Alpha Low Volatility 30 Index or SBI Quant? 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 Nifty Alpha Low Volatility 30 Index returned more over 1 year: −7.2% against −9.5%.
- Nippon India Nifty Alpha Low Volatility 30 Index costs less: 0.56% a year against 1.60% (Direct plans).
- Nippon India Nifty Alpha Low Volatility 30 Index fell less in its worst fall since 31-12-2024: −14.6% against −17.8%.
- Nippon India Nifty Alpha Low Volatility 30 Index holds more in large companies: 84.3% of the fund in large caps against 62.1%.
- SBI Quant is the larger fund: ₹2,600 Cr against ₹1,169 Cr.
- Their portfolios overlap 29.8%: 10 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 Nifty Alpha Low Volatility 30 Index Fund | SBI Quant Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | SBI Mutual Fund |
| Category | Not available | Thematic |
| AUM | ₹1,169 Cr (30-09-2026) | ₹2,600 Cr (30-09-2026) |
| NAV | ₹15.07 (Direct) | ₹9.00 (Direct) |
| Expense ratio (Direct) | 0.56% | 1.60% |
| Expense ratio (Regular) | 1.04% | 2.62% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE 200 TRI |
| Launch date | Not available | 26-12-2024 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Sukanya Ghosh |
| Exit load | Not available | Exit load of 0.5%, if redeemed within 30 days. |
Nippon India Nifty Alpha Low Volatility 30 Index vs SBI Quant: 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 Nifty Alpha Low Volatility 30 Index Fund (Direct) | −1.07% | −8.66% | −2.47% | −7.23% | +8.85% | -- | -- |
| SBI Quant Fund (Direct) | −1.32% | −9.94% | −9.22% | −9.50% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Nippon India Nifty Alpha Low Volatility 30 Index vs SBI Quant: Year-wise Returns
| Year | Nippon India Nifty Alpha Low Volatility 30 IndexNippon India Nifty Alpha Low Volatility 30 Index | SBI QuantSBI Quant |
|---|---|---|
| 2026to date | −7.39% | −14.54% |
| 2025 | −0.37% | +5.48% |
| 2024 | +16.95% | -- |
| 2023 | +38.08% | -- |
Nippon India Nifty Alpha Low Volatility 30 Index vs SBI Quant: Rolling Returns
Every holding period of both funds, against NIFTY Alpha Low-Volatility 30 TRI, the benchmark of Nippon India Nifty Alpha Low Volatility 30 Index Fund
Rolling returns
Every 1-year holding period, 204 of them, one for each trading day from 31-12-2025 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 Nifty Alpha Low Volatility 30 Index Fund (Direct)
SBI Quant Fund (Direct)
NIFTY Alpha Low-Volatility 30 TRI
to
Jan 2026Mar 2025
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Mar 2026May 2025
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May 2026Jun 2025
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Jun 2026Aug 2025
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Aug 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 Nifty Alpha Low Volatility 30 Index | 48.5 | 35.8 | 11.3 | 4.4 | 0.0 | 0.0 | 0.0 | 0.7% | 0.3% | −10.1% | 13.9% | 0% |
| SBI Quant | 24.2 | 29.0 | 25.1 | 12.1 | 9.2 | 0.5 | 0.0 | 4.7% | 4.6% | −10.7% | 21.2% | 78% |
| NIFTY Alpha Low-Volatility 30 TRI | 41.7 | 40.7 | 11.8 | 5.9 | 0.0 | 0.0 | 0.0 | 1.4% | 1.0% | −9.6% | 14.7% | -- |
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 31-12-2024. Past returns do not promise future returns.
Nippon India Nifty Alpha Low Volatility 30 Index vs SBI Quant: 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 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Nifty Alpha Low Volatility 30 IndexNippon India Nifty Alpha Low Volatility 30 Index Fund (Direct) | ₹2,30,000 | ₹2,19,974 | −₹10,026 | −4.4% |
| SBI QuantSBI Quant Fund (Direct) | ₹2,30,000 | ₹2,12,688 | −₹17,312 | −7.7% |
Nippon India Nifty Alpha Low Volatility 30 IndexNippon India Nifty Alpha Low Volatility 30 Index Fund (Direct)
SBI QuantSBI Quant 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 Nifty Alpha Low Volatility 30 Index vs SBI Quant: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Nifty Alpha Low Volatility 30 Index Fund (Direct) | SBI Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.23% | −9.50% |
| Standard deviation | 13.30% | 15.12% |
| Sharpe ratio | -0.94 | -0.98 |
| Sortino ratio | -1.23 | -1.27 |
| Maximum drawdown | −13.4% (31-03-2026) | −17.8% (08-10-2026) |
| Beta | 1.00 | 1.01 |
| Alpha | −0.58% | −1.06% |
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 Nifty Alpha Low Volatility 30 Index Fund (Direct) | SBI Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.58% | −5.51% |
| Standard deviation | 12.14% | 14.65% |
| Sharpe ratio | 0.36 | -0.76 |
| Sortino ratio | 0.50 | -1.00 |
| Maximum drawdown | −24.9% (28-02-2025) | −17.8% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.68% | −5.28% |
From daily NAVs, 22-08-2022 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 Nifty Alpha Low Volatility 30 Index Fund (Direct)
SBI Quant Fund (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 |
|---|---|---|---|---|---|---|
| Nippon India Nifty Alpha Low Volatility 30 Index Fund (Direct) | −14.6% | 02-01-2025 | 28-02-2025 | 23-02-2026 | 12 months | −10.2% |
| SBI Quant Fund (Direct) | −17.8% | 11-02-2026 | 08-10-2026 | Not yet | -- | −16.8% |
| NIFTY Alpha Low-Volatility 30 TRI | −14.6% | 02-01-2025 | 28-02-2025 | 06-01-2026 | 10 months | −10.1% |
From daily values since 31-12-2024, 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 Nifty Alpha Low Volatility 30 Index Fund (Direct)
SBI Quant Fund (Direct)
NIFTY Alpha Low-Volatility 30 TRI
Against NIFTY Alpha Low-Volatility 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Nifty Alpha Low Volatility 30 Index Fund (Direct) | 98% | 101% | 0.19% |
| SBI Quant Fund (Direct) | 92% | 101% | 7.54% |
From month-end values since 31-12-2024. 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 Nifty Alpha Low Volatility 30 Index vs SBI Quant: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Nifty Alpha Low Volatility 30 Index Fund, September 2026; SBI Quant Fund, September 2026
Holdings in common
- Overlap
- 29.8%
- Held by both
- 10
- Only in Nippon India Nifty Alpha Low Volatility 30 Index
- 20
- Only in SBI Quant
- 19
| Security | % of Nippon India Nifty Alpha Low Volatility 30 Index | % of SBI Quant |
|---|---|---|
| Bajaj Auto Limited | 4.01% | 5.53% |
| Marico Limited | 3.99% | 4.61% |
| ICICI Bank Limited | 3.78% | 9.77% |
| Nestle India Limited | 3.72% | 5.39% |
| The Federal Bank Limited | 3.54% | 3.33% |
| Pidilite Industries Limited | 3.06% | 3.32% |
| Titan Company Limited | 3.26% | 2.86% |
| Asian Paints Limited | 2.72% | 5.59% |
| Eicher Motors Limited | 3.03% | 2.28% |
| Reliance Industries Limited | 2.82% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.8% means 29.8% 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 Nifty Alpha Low Volatility 30 Index Fund
| Security | % of fund |
|---|---|
| Torrent Pharmaceuticals Limited | 4.73% |
| NTPC Limited | 4.11% |
| Apollo Hospitals Enterprise Limited | 3.93% |
| Hindalco Industries Limited | 3.81% |
| JSW Steel Limited | 3.62% |
Largest holdings only in SBI Quant Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Ltd. | 6.40% |
| Shriram Finance Ltd. | 5.79% |
| Tech Mahindra Ltd. | 5.52% |
| AU Small Finance Bank Ltd. | 5.31% |
| Hero MotoCorp Ltd. | 5.30% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Nifty Alpha Low Volatility 30 Index | SBI Quant |
|---|---|---|
| Equity | 100.0% | 97.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 2.4% |
Market cap of stocks
| Market cap | Nippon India Nifty Alpha Low Volatility 30 Index | SBI Quant |
|---|---|---|
| Large Cap | 84.3% | 62.1% |
| Mid Cap | 15.8% | 35.5% |
| 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 Nifty Alpha Low Volatility 30 Index | SBI Quant |
|---|---|---|
| Banks | 10.5% | 20.3% |
| Finance | 0.0% | 18.5% |
| Pharmaceuticals & Biotechnology | 14.4% | 2.8% |
| IT - Software | 0.0% | 13.4% |
| Automobiles | 12.8% | 13.1% |
| Consumer Durables | 6.0% | 8.4% |
| Food Products | 6.6% | 5.4% |
| Agricultural Food & other Products | 6.5% | 4.6% |
| Cement & Cement Products | 6.4% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Nifty Alpha Low Volatility 30 Index vs SBI Quant: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Nifty Alpha Low Volatility 30 Index Fund | SBI Quant Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.56% | 1.60% |
| Base expense ratio (Direct) | 0.30% | 0.82% |
| Total expense ratio (Regular) | 1.04% | 2.62% |
| Base expense ratio (Regular) | 0.71% | 1.70% |
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.
More comparisons
Each fund against the others of its category
Nippon India Nifty Alpha Low Volatility 30 Index Fund vs SBI Quant Fund: Frequently Asked Questions
What is the difference between Nippon India Nifty Alpha Low Volatility 30 Index Fund and SBI Quant Fund?
Nippon India Nifty Alpha Low Volatility 30 Index Fund is a mutual fund, SBI Quant Fund is a Thematic fund, run by Nippon India Mutual Fund and SBI Mutual Fund. Their portfolios overlap 29.8%. Nippon India Nifty Alpha Low Volatility 30 Index Fund charges 0.56% a year and SBI Quant Fund 1.60%.
Which has given higher returns, Nippon India Nifty Alpha Low Volatility 30 Index Fund or SBI Quant Fund?
Over 1 year: Nippon India Nifty Alpha Low Volatility 30 Index Fund −7.23%, SBI Quant Fund −9.50%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Nifty Alpha Low Volatility 30 Index Fund or SBI Quant Fund?
Nippon India Nifty Alpha Low Volatility 30 Index Fund charges less: 0.56% a year against 1.60%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Nifty Alpha Low Volatility 30 Index Fund and SBI Quant Fund overlap?
29.8%. They hold 10 of the same securities, the largest shared ones being BAJAJ-AUTO, MARICO, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both Nippon India Nifty Alpha Low Volatility 30 Index Fund and SBI Quant Fund?
Yes. 29.8% 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.