Nifty100 Low Volatility 30 index funds and ETFs
8 index funds and ETFs track the Nifty100 Low Volatility 30, as each fund house reported for Sep 2026. Closest to the index over the year: Kotak Nifty 100 Low Volatility 30 ETF. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.
Index funds on the Nifty100 Low Volatility 30
Closest to the index first, then the lowest expense ratio. Over the year to the month's end.The Nifty100 Low Volatility 30
Kotak Nifty 100 Low Volatility 30 Index FundKotak Mahindra Mutual FundTracking difference−0.33%After fee−0.02%Tracking error0.12%Expense ratio0.37%Fund size, ₹ Cr103
HDFC Nifty100 Low Volatility 30 Index FundHDFC Mutual FundTracking difference−0.43%After fee0.00%Tracking error0.06%Expense ratio0.49%Fund size, ₹ Cr199
SBI Nifty100 Low Volatility 30 Index FundSBI Mutual FundTracking difference−0.47%After fee−0.05%Tracking error0.05%Expense ratio0.48%Fund size, ₹ Cr52
Bandhan Nifty100 Low Volatility 30 Index FundBandhan Mutual FundTracking difference−0.48%After fee−0.09%Tracking error0.09%Expense ratio0.45%Fund size, ₹ Cr1,428
ETFs on the Nifty100 Low Volatility 30
Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.
- Kotak Nifty 100 Low Volatility 30 ETFKotak Mahindra Mutual FundTracking difference−0.03%After fee+0.09%Tracking error0.07%Expense ratio0.19%Fund size, ₹ Cr285Premium or discount−0.10%
- HDFC Nifty100 Low Volatility 30 ETFHDFC Mutual FundTracking difference−0.35%After fee−0.05%Tracking error0.04%Expense ratio0.30%Fund size, ₹ Cr12Premium or discount+0.12%
Mirae Asset Nifty 100 Low Volatility 30 ETFMirae Asset Mutual FundTracking difference−0.39%After fee−0.03%Tracking error0.07%Expense ratio0.44%Fund size, ₹ Cr41Premium or discount+0.01%
ICICI Prudential Nifty 100 Low Volatility 30 ETFICICI Prudential Mutual FundTracking difference−0.52%After fee−0.08%Tracking error0.16%Expense ratio0.48%Fund size, ₹ Cr3,114Premium or discount−0.11%
About Nifty100 Low Volatility 30 index funds and ETFs
Nifty100 Low Volatility 30 index funds and ETFs are funds that hold the 30 least volatile stocks of the Nifty 100, so their return follows the index less costs. Index funds are bought from the fund house at NAV; ETFs trade on the exchange.
The index they track
The Nifty100 Low Volatility 30 picks the 30 Nifty 100 stocks with the lowest volatility, measured as the standard deviation of daily price returns over the last year: how widely a stock's daily moves spread. Eligible stocks have a year of listing and trade in futures and options. NSE Indices maintains it. Its base date is 1 Apr 2005 at 1000, and it launched on 8 Jul 2016.
Weights and review
Weights are set from each stock's volatility. A stock whose 6-month average turnover (the value traded) is below that of the lowest-turnover Nifty 50 stock is capped at 3%, so passive funds can buy the index in full. The index is rebuilt four times a year on data to the last trading day of Feb, May, Aug and Nov, and a current member stays if it ranks within the top 60.
Four reviews a year
Each review means a round of trades for every fund on the index, four a year against two for the Nifty 100 itself. The index bears no cost for those trades; a fund does, and that cost sits in its tracking difference beside the expense ratio.
Tracking difference and tracking error
Tracking difference is the fund's one-year return less the index's, so the figure nearest zero is closest to the index. The after fee figure adds the year's average expense ratio back. Tracking error is how much the fund's daily returns differed from the index's, stated as a yearly figure.
Expense ratio and fund size
The expense ratio is the yearly charge as a share of money invested, taken from NAV daily, so shown returns are already after it. Index funds have direct and regular plans; the ETF table adds premium or discount, the median, across the month's trading days, of each day's close against its NAV. Fund size is assets under management at month-end. Each table puts the fund closest to the index first, then the lowest expense ratio.