NIFTY Alpha Low-Volatility 30 PE Ratio
Valuation Percentile
NIFTY Alpha Low-Volatility 30's PB is cheaper than 95% of the last 5 years.
The NIFTY Alpha Low-Volatility 30 PE ratio is 23.97 as of 1 October 2026, about 21% below its 5-year median of 30.50, which places it in significantly undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 30.21 | -20.66% |
| 7 Years | 30.92 | -22.48% |
| 5 Years | 30.50 | -21.41% |
| 3 Years | 29.37 | -18.39% |
| 1 Year | 30.71 | -21.95% |
Historical PE Ratio
Series start. P/E is published from 13 Jul 2017. Index values go back to 1 Apr 2005.
Earnings
Index earnings are the profits behind the index level: the closing value divided by the P/E ratio, in index points. The line moves in steps because it changes only when trailing four-quarter profits are updated or the constituents change. Compare it with price to see whether a move came from earnings or from a change in what investors pay for them.
NIFTY Alpha Low-Volatility 30 earnings grew +19.06% a year over the last 5 years, while the index moved +7.17% a year and its P/E went from 40.5 to 24.0.
Earnings growth is annualised from the last trading day at or before the start of each window to 1 Oct 2026. Price growth uses the index level over the same two dates, excluding dividends. EPS is undefined on days with no published P/E, so those days are skipped. Past growth, not a forecast.
Ways to invest in NIFTY Alpha Low-Volatility 30
1 ETF and 5 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (1)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| ICICI Prudential Nifty Alpha Low- Volatility 30 ETF | ALPL30IETF | 26.01 | - | - | -4.11% |
Index funds (5)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| Nippon India Nifty Alpha Low Volatility 30 Index Fund | Nippon Life India Asset Management Limited | 15.061 Oct 2026 | 2022 |
| Edelweiss Nifty Alpha Low Volatility 30 Index Fund | Edelweiss Asset Management Limited | 9.41 Oct 2026 | 2024 |
| UTI Nifty Alpha Low-Volatility 30 Index Fund | UTI Asset Mgmt. Co. Ltd. | 9.111 Oct 2026 | 2024 |
| Bandhan Nifty Alpha Low Volatility 30 Index Fund | Bandhan AMC Limited | 9.561 Oct 2026 | 2025 |
| Kotak Nifty Alpha Low Volatility 30 Index Fund | Kotak Mahindra Asset Management Company Limited. | 9.531 Oct 2026 | 2026 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2017 returned a median of +6.95% (best +63.80%, worst -25.04%).
Today's PE of 23.97 sits in band 1 of 5 of this index's history (PE below 24.5). From this band, 5-year forward returns had a median of +21.01% a year and were positive in 100% of windows (88 windows since 2017).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the NIFTY Alpha Low-Volatility 30. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the NIFTY Alpha Low-Volatility 30
The NIFTY Alpha Low-Volatility 30 contains 30 constituents. Its largest sectors by weight are Healthcare (18.3%) and Financial Services (16.2%).
Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.
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Frequently Asked Questions
What is the current NIFTY Alpha Low-Volatility 30 PE ratio?
As of 1 October 2026, the NIFTY Alpha Low-Volatility 30 PE ratio is 23.97. That is about 21% below its 5-year median of 30.50 and about 22% below its 1-year median of 30.71.
Is the NIFTY Alpha Low-Volatility 30 undervalued right now?
On a historical basis it screens as significantly undervalued. Its current PE of 23.97 sits below every median window: 1-year (30.71), 3-year (29.37), 5-year (30.50), 7-year (30.92) and full-history (30.21).
What is a normal PE ratio for the NIFTY Alpha Low-Volatility 30?
Over the past five years its median PE has been 30.50, and over the past three years 29.37. Today's 23.97 is toward the lower end of that historical range.
How many stocks are in the NIFTY Alpha Low-Volatility 30?
The NIFTY Alpha Low-Volatility 30 contains 30 stocks. By number of companies, its largest sectors are Financial Services (5 stocks), Healthcare (5 stocks) and Automobile and Auto Components (4 stocks).
What returns has the NIFTY Alpha Low-Volatility 30 delivered?
As of September 2026, the NIFTY Alpha Low-Volatility 30 total return (with dividends reinvested) is -1.91% over the past year and +8.57% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.
How volatile is the NIFTY Alpha Low-Volatility 30?
Over the year to September 2026, the NIFTY Alpha Low-Volatility 30 had an annualized volatility (standard deviation of daily returns) of 13.21%. Its beta versus the Nifty 50 is 0.90, meaning it has moved less than the broad market.
What is a typical one-year return for the NIFTY Alpha Low-Volatility 30?
Across every one-year holding window since 2017, the NIFTY Alpha Low-Volatility 30 total return has a median of +6.95%, with the best window at +63.80% and the worst at -25.04%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
What have 5-year returns been from PE levels like today's?
The NIFTY Alpha Low-Volatility 30 currently trades at a PE of 23.97, in band 1 of 5 of its own PE history. Across 88 overlapping 5-year windows since 2017 that began in this band, the median forward return was +21.01% a year, positive in 100% of windows. A past distribution, not a prediction.
How fast have NIFTY Alpha Low-Volatility 30 earnings grown?
NIFTY Alpha Low-Volatility 30 earnings, measured as the index level divided by its P/E, grew +19.06% a year over the last 5 years, while the index itself moved +7.17% a year and its P/E fell from 40.55 to 23.97. Past growth, not a forecast.
Last updated: 1 October 2026.