Nifty500 Low Volatility 50 PE Ratio
Valuation Percentile
Nifty500 Low Volatility 50's PB is cheaper than 100% of the last year.
Not enough history for a 5Y percentile, showing 1Y instead.
The Nifty500 Low Volatility 50 PE ratio is 20.49 as of 1 October 2026, about 13% below its 1-year median of 23.49, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 1 Year | 23.49 | -12.79% |
Historical PE Ratio
Series start. P/E is published from 19 Dec 2024. 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.
Nifty500 Low Volatility 50 earnings grew +37.17% a year over the last 1 year, while the index moved -6.24% a year and its P/E went from 30.0 to 20.5.
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 Nifty500 Low Volatility 50
1 ETF and 2 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (1)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| Groww Nifty 500 Low Volatility 50 ETF | GROWWLOVOL | 10.12 | - | - | -4.57% |
Index funds (2)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| Nippon India Nifty 500 Low Volatility 50 Index Fund | Nippon Life India Asset Management Limited | 10.051 Oct 2026 | 2025 |
| Axis Nifty500 Low Volatility 50 Index Fund | Axis Asset Management Co. Ltd. | - | 2026 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty500 Low Volatility 50. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty500 Low Volatility 50
The Nifty500 Low Volatility 50 contains 50 constituents. Its largest sectors by weight are Healthcare (22.8%) and Financial Services (13.2%).
Recent changes
23 July 2026: Added NTPC Ltd.. Removed J.B. Chemicals & Pharmaceuticals Ltd..
Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.
How this index works
- Universe
- • The company must be domiciled in India and traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the Nifty indices • Convertible stock, bonds, warrants, rights, and preferred stock that provide a guaranteed fixed return,
- Selection
- Introduction Nifty500 Low Volatility 50 Index aims to track the performance of the top 50 stocks within Nifty 500 which are selected based on their low volatility scores. Low Volatility is calculated as the inverse of standard deviation based on the previous 1-year price returns (log normal).
- Rebalanced
- Quarterly
- Weight cap
- The month over month change in allocation to equity component (Nifty 50 TR, excluding arbitrage component) by asset allocation model at the time of rebalancing is capped at 10%
Summarised from NSE's official methodology document (PDF) for the Nifty500 Low Volatility 50; the PDF is authoritative.
Stay Updated
Get weekly market insights and valuation updates delivered to your inbox.
Similar Indices
Frequently Asked Questions
What is the current Nifty500 Low Volatility 50 PE ratio?
As of 1 October 2026, the Nifty500 Low Volatility 50 PE ratio is 20.49. That is about 13% below its 1-year median of 23.49.
Is the Nifty500 Low Volatility 50 undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 20.49 sits below every median window: 1-year (23.49).
What is a normal PE ratio for the Nifty500 Low Volatility 50?
Over the past one year its median PE has been 23.49, and over the past six months 22.62. Today's 20.49 is toward the lower end of that historical range.
How many stocks are in the Nifty500 Low Volatility 50?
The Nifty500 Low Volatility 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (10 stocks), Healthcare (8 stocks) and Fast Moving Consumer Goods (6 stocks).
What returns has the Nifty500 Low Volatility 50 delivered?
As of September 2026, the Nifty500 Low Volatility 50 total return (with dividends reinvested) is -3.52% over the past year and +11.51% 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 Nifty500 Low Volatility 50?
Over the year to September 2026, the Nifty500 Low Volatility 50 had an annualized volatility (standard deviation of daily returns) of 11.75%. Its beta versus the Nifty 50 is 0.79, meaning it has moved less than the broad market.
How fast have Nifty500 Low Volatility 50 earnings grown?
Nifty500 Low Volatility 50 earnings, measured as the index level divided by its P/E, grew +37.17% a year over the last 1 year, while the index itself moved -6.24% a year and its P/E fell from 29.97 to 20.49. Past growth, not a forecast.
How often is the Nifty500 Low Volatility 50 rebalanced?
The Nifty500 Low Volatility 50 is rebalanced quarterly. Details are in the official NSE methodology document.
Last updated: 1 October 2026.