SBI Nifty100 Low Volatility 30 Index Fund vs UTI BSE Low Volatility Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Nifty100 Low Volatility 30 Index Fund is a mutual fund and UTI BSE Low Volatility Index Fund is an Index fund. In the year to 30-10-2026, SBI Nifty100 Low Volatility 30 Index Fund (Direct) returned −8.0% and UTI BSE Low Volatility Index Fund (Direct) returned −12.1%. SBI Nifty100 Low Volatility 30 Index Fund charges 0.52% a year and UTI BSE Low Volatility Index Fund 0.66% (Direct plans). Their portfolios overlap 58.8%: they hold 18 of the same securities.
SBI Nifty100 Low Volatility 30 Index Fund
- 1 year return
- −8.0%
- Expense ratio
- 0.52%
- NAV
- ₹9.66
UTI BSE Low Volatility Index Fund
Index
- 1 year return
- −12.1%
- Expense ratio
- 0.66%
- NAV
- ₹15.09
Which is better, SBI Nifty100 Low Volatility 30 Index or UTI BSE Low Volatility Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Nifty100 Low Volatility 30 Index returned more over 1 year: −8.0% against −12.1%.
- SBI Nifty100 Low Volatility 30 Index costs less: 0.52% a year against 0.66% (Direct plans).
- SBI Nifty100 Low Volatility 30 Index fell less in its worst fall since 31-07-2025: −14.3% against −15.8%.
- SBI Nifty100 Low Volatility 30 Index holds more in large companies: 96.8% of the fund in large caps against 64.7%.
- UTI BSE Low Volatility Index is the larger fund: ₹418 Cr against ₹52 Cr.
- Their portfolios overlap 58.8%: 18 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 | SBI Nifty100 Low Volatility 30 Index Fund | UTI BSE Low Volatility Index Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | UTI Mutual Fund |
| Category | Not available | Index |
| AUM | ₹52 Cr (30-09-2026) | ₹418 Cr (30-09-2026) |
| NAV | ₹9.66 (Direct) | ₹15.09 (Direct) |
| Expense ratio (Direct) | 0.52% | 0.66% |
| Expense ratio (Regular) | 0.92% | 1.10% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE Low Volatility TRI |
| Launch date | Not available | 03-03-2022 |
| Minimum investment | Not available | Direct Plan-Growth-Rs.1000, Regular Plan-Growth-Rs.1000 |
| 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 |
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility 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 |
|---|---|---|---|---|---|---|---|
| SBI Nifty100 Low Volatility 30 Index Fund (Direct) | +1.27% | −7.39% | −2.68% | −7.95% | -- | -- | -- |
| UTI BSE Low Volatility Index Fund (Direct) | −0.83% | −9.57% | −7.22% | −12.14% | +6.33% | -- | -- |
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility Index: Year-wise Returns
| Year | SBI Nifty100 Low Volatility 30SBI Nifty100 Low Volatility 30 Index | UTI BSE Low VolatilityUTI BSE Low Volatility Index |
|---|---|---|
| 2026to date | −9.45% | −13.28% |
| 2025 | -- | +8.17% |
| 2024 | -- | +10.74% |
| 2023 | -- | +29.96% |
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility Index: Rolling Returns
Every holding period of both funds, against Nifty100 Low Volatility 30 TRI, the benchmark of SBI Nifty100 Low Volatility 30 Index Fund
Rolling returns
Every 1-year holding period, 61 of them, one for each trading day from 31-07-2026 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.
SBI Nifty100 Low Volatility 30 Index Fund (Direct)
UTI BSE Low Volatility Index Fund (Direct)
Nifty100 Low Volatility 30 TRI
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Nifty100 Low Volatility 30 Index | 73.8 | 19.7 | 6.6 | 0.0 | 0.0 | 0.0 | 0.0 | −3.0% | −4.3% | −10.9% | 6.1% | 0% |
| UTI BSE Low Volatility Index | 83.6 | 16.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −6.1% | −6.9% | −14.1% | 2.1% | 0% |
| Nifty100 Low Volatility 30 TRI | 65.6 | 21.3 | 13.1 | 0.0 | 0.0 | 0.0 | 0.0 | −2.5% | −3.8% | −10.4% | 6.6% | -- |
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 Nifty100 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 31-07-2025. Past returns do not promise future returns.
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility 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 31-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Nifty100 Low Volatility 30 IndexSBI Nifty100 Low Volatility 30 Index Fund (Direct) | ₹1,60,000 | ₹1,52,755 | −₹7,245 | −6.5% |
| UTI BSE Low Volatility IndexUTI BSE Low Volatility Index Fund (Direct) | ₹1,60,000 | ₹1,46,266 | −₹13,734 | −12.1% |
SBI Nifty100 Low Volatility 30 IndexSBI Nifty100 Low Volatility 30 Index Fund (Direct)
UTI BSE Low Volatility IndexUTI BSE Low Volatility 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.
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Nifty100 Low Volatility 30 Index Fund (Direct) | UTI BSE Low Volatility Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.95% | −12.14% |
| Standard deviation | 12.35% | 11.81% |
| Sharpe ratio | -1.07 | -1.47 |
| Sortino ratio | -1.40 | -1.86 |
| Maximum drawdown | −14.3% (31-03-2026) | −15.8% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.03% |
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 | SBI Nifty100 Low Volatility 30 Index Fund (Direct) | UTI BSE Low Volatility Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.38% | +10.12% |
| Standard deviation | 11.72% | 10.97% |
| Sharpe ratio | -0.74 | 0.38 |
| Sortino ratio | -0.99 | 0.53 |
| Maximum drawdown | −14.3% (31-03-2026) | −18.6% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.48% | −0.56% |
From daily NAVs, 31-07-2025 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.
SBI Nifty100 Low Volatility 30 Index Fund (Direct)
UTI BSE Low Volatility Index Fund (Direct)
Nifty100 Low Volatility 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Nifty100 Low Volatility 30 Index Fund (Direct) | −14.3% | 07-01-2026 | 31-03-2026 | Not yet | -- | −10.5% |
| UTI BSE Low Volatility Index Fund (Direct) | −15.8% | 06-01-2026 | 23-10-2026 | Not yet | -- | −14.3% |
| Nifty100 Low Volatility 30 TRI | −14.2% | 07-01-2026 | 30-03-2026 | Not yet | -- | −10.1% |
From daily values since 31-07-2025, 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.
SBI Nifty100 Low Volatility 30 Index Fund (Direct)
UTI BSE Low Volatility Index Fund (Direct)
Nifty100 Low Volatility 30 TRI
Against Nifty100 Low Volatility 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Nifty100 Low Volatility 30 Index Fund (Direct) | 98% | 101% | 0.04% |
| UTI BSE Low Volatility Index Fund (Direct) | 68% | 98% | 3.72% |
From month-end values since 31-07-2025. 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.
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility Index: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty100 Low Volatility 30 Index Fund, September 2026; UTI BSE Low Volatility Index Fund, September 2026
Holdings in common
- Overlap
- 58.8%
- Held by both
- 18
- Only in SBI Nifty100 Low Volatility 30 Index
- 12
- Only in UTI BSE Low Volatility Index
- 12
| Security | % of SBI Nifty100 Low Volatility 30 Index | % of UTI BSE Low Volatility Index |
|---|---|---|
| Apollo Hospitals Enterprise Ltd. | 3.81% | 3.48% |
| ITC Ltd. | 3.50% | 3.47% |
| Sun Pharmaceutical Industries Ltd. | 3.82% | 3.45% |
| NTPC Ltd. | 3.79% | 3.42% |
| Bharti Airtel Ltd. | 3.65% | 3.42% |
| SBI Life Insurance Co. Ltd. | 3.62% | 3.41% |
| HDFC Bank Ltd. | 3.39% | 3.38% |
| ICICI Bank Ltd. | 3.84% | 3.36% |
| Kotak Mahindra Bank Ltd. | 3.63% | 3.34% |
| Power Grid Corporation of India Ltd. | 3.39% | 3.25% |
| Tata Power Company Ltd. | 3.42% | 3.22% |
| Cipla Ltd. | 3.42% | 3.17% |
| HDFC Life Insurance Company Ltd. | 3.27% | 3.12% |
| Britannia Industries Ltd. | 3.68% | 3.11% |
| Reliance Industries Ltd. | 3.47% | 3.10% |
| Nestle India Ltd. | 3.53% | 3.09% |
| Hindustan Unilever Ltd. | 3.37% | 3.05% |
| Pidilite Industries Ltd. | 2.97% | 3.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.8% means 58.8% 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 SBI Nifty100 Low Volatility 30 Index Fund
| Security | % of fund |
|---|---|
| Torrent Pharmaceuticals Ltd. | 3.32% |
| Dr. Reddy's Laboratories Ltd. | 3.23% |
| Maruti Suzuki India Ltd. | 3.17% |
| Ultratech Cement Ltd. | 3.16% |
| Bajaj Auto Ltd. | 3.13% |
Largest holdings only in UTI BSE Low Volatility Index Fund
| Security | % of fund |
|---|---|
| EQ - CASTROL INDIA LTD. | 4.94% |
| REIT- MINDSPACE BUSINESS PARKS | 4.47% |
| EQ - MARICO LTD | 3.65% |
| EQ - ABBOTT INDIA LTD. | 3.62% |
| EQ - LUPIN LTD. | 3.23% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Nifty100 Low Volatility 30 Index | UTI BSE Low Volatility Index |
|---|---|---|
| Equity | 100.0% | 95.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 4.8% |
Market cap of stocks
| Market cap | SBI Nifty100 Low Volatility 30 Index | UTI BSE Low Volatility Index |
|---|---|---|
| Large Cap | 96.8% | 64.7% |
| Mid Cap | 3.2% | 22.7% |
| Small Cap | 0.0% | 7.8% |
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 | SBI Nifty100 Low Volatility 30 Index | UTI BSE Low Volatility Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 13.8% | 16.7% |
| Banks | 13.9% | 10.1% |
| Power | 10.6% | 9.9% |
| Cement & Cement Products | 3.2% | 8.8% |
| Petroleum Products | 3.5% | 8.0% |
| Food Products | 7.2% | 6.2% |
| Insurance | 6.9% | 6.5% |
| Diversified FMCG | 6.9% | 6.5% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty100 Low Volatility 30 Index vs UTI BSE Low Volatility Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty100 Low Volatility 30 Index Fund | UTI BSE Low Volatility Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.52% | 0.66% |
| Base expense ratio (Direct) | 0.33% | 0.40% |
| Total expense ratio (Regular) | 0.92% | 1.10% |
| Base expense ratio (Regular) | 0.67% | 0.79% |
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.
SBI Nifty100 Low Volatility 30 Index Fund vs UTI BSE Low Volatility Index Fund: Frequently Asked Questions
What is the difference between SBI Nifty100 Low Volatility 30 Index Fund and UTI BSE Low Volatility Index Fund?
SBI Nifty100 Low Volatility 30 Index Fund is a mutual fund, UTI BSE Low Volatility Index Fund is an Index fund, run by SBI Mutual Fund and UTI Mutual Fund. Their portfolios overlap 58.8%. SBI Nifty100 Low Volatility 30 Index Fund charges 0.52% a year and UTI BSE Low Volatility Index Fund 0.66%.
Which has given higher returns, SBI Nifty100 Low Volatility 30 Index Fund or UTI BSE Low Volatility Index Fund?
Over 1 year: SBI Nifty100 Low Volatility 30 Index Fund −7.95%, UTI BSE Low Volatility Index Fund −12.14%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Nifty100 Low Volatility 30 Index Fund or UTI BSE Low Volatility Index Fund?
SBI Nifty100 Low Volatility 30 Index Fund charges less: 0.52% a year against 0.66%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Nifty100 Low Volatility 30 Index Fund and UTI BSE Low Volatility Index Fund overlap?
58.8%. They hold 18 of the same securities, the largest shared ones being APOLLOHOSP, ITC, SUNPHARMA. From each fund's latest monthly portfolio.
Can I invest in both SBI Nifty100 Low Volatility 30 Index Fund and UTI BSE Low Volatility Index Fund?
Yes. 58.8% of each fund's money sits in the same holdings, so a large part 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.