Nifty Alpha Low-Volatility 30: relative strength and momentum
Factor. Compared with Nifty 500 TRI.
As of 2026-10-23, Nifty Alpha Low-Volatility 30 has an ArthaNiti relative-strength score of 42 out of 100 (neutral) against Nifty 500 TRI, in the Falling behind phase (losing ground, and faster); the score moved -28 points in four weeks. Returns use ETF NAV.
1 week−2.3%
1 month−6.1%
3 months−10.0%
6 months−4.9%
1 year−7.2%
3 years, a year+8.5%
5 years, a year+8.0%
Volatility, 1 year13.2%
Worst fall, 1 year−13.4%
Above 200-day averageNo
What is inside Nifty Alpha Low-Volatility 30: holdings and weights
Nifty Alpha Low-Volatility 30 holds 30 stocks; the top 10 make up 39% of the index. 20% of its stocks trade above their 200-day average.
- 6 of 30 stocks (20%) are above their 200-day average — weak participation.
- Top 10 stocks are 39% of the index; half the weight sits in 14 stocks.
- Biggest 1-month driver: ICICI Bank Ltd. (+4.1%).
- Largest group: Healthcare — 5 stocks, about 18% of the weight.
| Stock | Industry | Weight | 3 months | Momentum score |
|---|---|---|---|---|
| TORNTPHARM Torrent Pharmaceuticals Ltd. | Healthcare | 4.73% | −10.7% | 69 |
| NTPC NTPC Ltd. | Power | 4.11% | −14.5% | 24 |
| BAJAJ-AUTO Bajaj Auto Ltd. | Automobile and Auto Components | 4.01% | −10.7% | 62 |
| MARICO Marico Ltd. | Fast Moving Consumer Goods | 3.99% | −10.2% | 60 |
| APOLLOHOSP Apollo Hospitals Enterprise Ltd. | Healthcare | 3.93% | −12.8% | 54 |
| HINDALCO Hindalco Industries Ltd. | Metals & Mining | 3.81% | −9.0% | 53 |
| ICICIBANK ICICI Bank Ltd. | Financial Services | 3.78% | −2.8% | 66 |
| NESTLEIND Nestle India Ltd. | Fast Moving Consumer Goods | 3.72% | −18.9% | 43 |
| JSWSTEEL JSW Steel Ltd. | Metals & Mining | 3.62% | −4.9% | 58 |
| GRASIM Grasim Industries Ltd. | Construction Materials | 3.61% | −7.0% | 65 |
ETFs that track Nifty Alpha Low-Volatility 30
| ETF | NSE symbol | Expense ratio | Tracking diff, 1 yr | AUM |
|---|---|---|---|---|
| ICICI Prudential Nifty Alpha Low - Volatility 30 ETF | ALPL30IETF | 0.57% | -0.58% | ₹1,470 Cr |
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