The Factor LabDeveloped by Neel
All indices
Alpha + Low VolatilityParent: Nifty 100

Nifty Alpha Low-Volatility 30

Total Return Index · Available history 01-04-2005 to 28-10-2026 · 5,351 observations

Compare with Nifty 100Backtest Hero?

Launch date: 10-07-2017. 56.9% of this index's trading days are NSE's pre-launch backtest (marked BT, shaded on the charts). Backtests can benefit from hindsight; post-launch index returns are still not fund returns. Source: Curated catalog launch_date (not independently reverified).

BT = Backtested history by NSE— = not enough history

Nifty Alpha Low-Volatility 30 and Nifty 100 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
17.5%BT
Nifty 100: 13.4%
Annualized volatility
17.2%BT
Nifty 100: 20.6%
Max drawdown
-57.3%BT
Nifty 100: -61.1%
Sharpe
0.76BT
Nifty 100: 0.49
Sortino
1.05BT
Nifty 100: 0.69
Median rolling 5Y CAGR
17.9%BT
Nifty 100: 13.3%

Drawdown and recovery

Full history of Nifty Alpha Low-Volatility 30, 01-04-2005 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-20.0%
High on 27-09-2024
Gain needed to recover
25.0%
From the latest close back to the high
Time below high
2y 1m
Since the last high
Worst decline
-57.3%
07-01-2008 to 09-03-2009; recovered 01-10-2010 (2y 9m after the high)BT
Longest time below a high
2y 9m
07-01-2008 to 01-10-2010BT
Time spent below a high
86.5%
4 declines of 20% or more

Outcomes by holding period

Every rolling window in the full history, ending on each trading day. Windows overlap, so this describes the past rather than predicting the future.

BT = Backtested history by NSE— = not enough history

Held forLost moneyMedian CAGRWorst CAGRBest CAGRWindows
1 year18.0%18.2%-51.9%102.3%5,094
3 years1.5%16.8%-5.5%40.8%4,580
5 years0.0%17.9%4.2%28.4%4,106
7 years0.0%17.7%11.0%28.3%3,606
10 years0.0%18.1%12.2%24.8%2,862

Lost money: share of windows with a negative annualized return.

Versus Nifty 100

On the shared dates 01-04-2005 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
92.7%
Average of 159 months Nifty 100 rose
Downside capture
72.5%
Average of 99 months Nifty 100 fell; lower is better
Months ahead
58.9%
Beat Nifty 100 in this share of 258 months
Longest stretch behind
3y 10m
Relative wealth below its high, 23-03-2020 to 05-02-2024

Now 10.4% behind its best point relative to Nifty 100, for 2y 1m. Relative wealth was below an earlier peak on 95.5% of shared trading days.

Backtest Hero? · vs its own history

28-10-2021 – 28-10-2026 · 5 years. Compared with 1,807 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty 100: +2.0 pp.
Open full analysis
CAGR
8.8%
Historical percentile 5.9median 20.4%
Volatility
13.4%
Historical percentile 42.9median 14.9%
Max drawdown
-24.7%
Historical percentile 48.8median -16.8%
Sharpe
0.34
Historical percentile 13.8median 1.01

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 3,272 vs 1,521 in Nifty 100. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 01-04-2005; the first plotted rolling-return observation is 04-04-2008, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-09-2005.

Calendar-year returns

Nifty Alpha Low-Volatility 30 vs Nifty 100; the difference is in percentage points (pp). Incomplete historical years are labeled (partial); the ongoing year is labeled (YTD). Hover a year for its actual dates.
YearNifty Alpha Low-Volatility 30Nifty 100Difference
2026 (YTD)-7.9%-10.6%
+2.6 pp
2025+0.3%+10.2%
-9.9 pp
2024+17.8%+13.0%
+4.9 pp
2023+39.0%+21.2%
+17.8 pp
2022-3.1%+4.9%
-8.0 pp
2021+30.9%+26.4%
+4.5 pp
2020+15.7%+16.1%
-0.4 pp
2019+5.3%+11.8%
-6.6 pp
2018+3.9%+2.6%
+1.4 pp
2017+44.7%+32.9%
+11.8 pp
2016+9.1%+5.0%
+4.1 pp
2015+14.4%-1.3%
+15.6 pp
2014+48.7%+34.9%
+13.8 pp
2013+16.4%+7.9%
+8.5 pp
2012+34.9%+32.5%
+2.4 pp
2011-12.2%-24.9%
+12.8 pp
2010+30.6%+19.3%
+11.3 pp
2009+62.4%+84.9%
-22.5 pp
2008-49.6%-53.1%
+3.5 pp
2007+61.7%+59.5%
+2.2 pp
2006+38.4%+40.2%
-1.8 pp
2005 (partial)+52.2%+38.1%
+14.0 pp