About Nifty Alpha Quality Value Low-Volatility 30 The Nifty Alpha Quality Value Low-Volatility 30 Index is designed to reflect the performance of a portfolio of 30 stocks selected from the Nifty 100 and Nifty Midcap 50 based on a combination of Alpha, Quality, Value, and Low-Volatility factors. The index aims to provide investors with exposure to multiple factors through a single product, countering the cyclicality of single-factor index strategies. The weight of each stock is derived from its Alpha, Quality, Value, and Low-Volatility factor scores, with individual stock weight capped at 5%. The index can be used for various purposes such as benchmarking, creation of index funds, ETFs, and structured products.