Different brand cameras implement the low ISO setting differently. You need to know how your specific model camera is handling that function internally to know what possible benefit or loss may apply.
One option is that the camera does nothing at all except produce a different camera JPEG. For example if you were to put the camera is full Manual and use the same exposure (shutter and f/stop) for both ISO 64 and ISO 32 you'd get a darker JPEG at ISO 32 and that's the only thing the camera would change. The two raw files exposed the same would be identical. If you allow the camera's meter to alter exposure as you change ISO then the camera will increase exposure in response to a reduction in ISO. With a camera that works this way you could for example use the low ISO setting (assume 32) or leave the camera at base ISO (assume 64) but apply a +1 exposure compensation and again get two totally identical raw files. The internal processing of the raw files is identical while the processing of the JPEGs is different. With a camera that works this way the low ISO setting is utterly valueless unless you want the camera JPEG. For someone like me who never wants the camera JPEG I have no use for the low ISO setting, if I want to increase exposure I'll increase exposure.
Some other brand cameras however can apply amplification or scaling to the sensor signal above the base level when you use the intermediary low ISO settings. With this brand camera if you then do as noted above and use the same exposure for both the low ISO (assume 50) and base ISO (assume 64) the low ISO raw file will in fact receive applied gain that the base ISO file doesn't get. This one needs a visual:
Photographic Dynamic Range versus ISO Setting That's a link to Photons to Photos Dynamic Range graph for a Fuji X-T5. Base ISO is 125 and the representative circle on the graph is solid. Note the three open circles that represent the low ISO options of 100, 80, and 64. Using the ISO 100 and ISO 80 values applies gain to the sensor signal beyond the base ISO level and that affects the raw files. The full stop lower ISO 64 and base ISO 125 receive the same signal gain and so produce identical raw files with the same exposure. Again if you want the camera JPEGs the low ISO settings can be useful. For someone who only wants raw files, while the first implementation I described is neutral -- I can use low ISO or increase exposure and get the same raw file, this one isn't neutral, you get different raw files if you lower the ISO versus just increase exposure at base ISO. Looking at that graph you see the intermediary ISO values of 100 and 80 are producing less dynamic range than the base ISO -- that's because you're gain clipping the raw files. In the first implementation I described that doesn't happen since internally the camera doesn't alter the raw file processing but in this implementation it does.