Active Index Portfolio follows a multi factor index strategy designed to deliver capital appreciation over the long term by investing in equities based on low volatility and high alpha factors through the Nifty Alpha Low Volatility 30 Index. The investment philosophy combines two complementary factors where alpha generates superior returns while the low volatility factor helps maintain stability and reduce drawdowns. Stock identification uses quantitative parameters such as high Jensen alpha based on CAPM and low standard deviation of daily price returns using previous one year stock price data with companies required to have a minimum one year pricing history. Portfolio construction mirrors the underlying index and allocation is based on the relative weights of stocks in the Nifty Alpha Low Volatility 30 Index. The strategy follows a rule based disciplined process with no human intervention and uses quant based stock selection to identify quality stocks. The portfolio remains diversified across sectors and limits concentration with individual stock weight capped at around five percent and periodic rebalancing conducted semi annually while fundamentals are reassessed in line with the index methodology. The strategy aligns closely with the broader market universe similar to NSE 200 exposure. Sector agnostic and combination of large cap mid cap and small cap.