First Trust India Nifty 50 Equal Weight ETFFirst Trust India Nifty 50 Equal Weight ETFFirst Trust India Nifty 50 Equal Weight ETF

First Trust India Nifty 50 Equal Weight ETF

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Key stats


Assets under management (AUM)
‪288.45 M‬USD
Fund flows (1Y)
‪136.06 M‬USD
Dividend yield (indicated)
0.21%
Discount/Premium to NAV
1.8%

About First Trust India Nifty 50 Equal Weight ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.80%
Inception date
Feb 14, 2012
Index tracked
NIFTY 50 Equal Weight Index
Management style
Passive
NFTY provides equal-weighted exposure to the components of a widely followed index for Indian equity securities. The Nifty 50 Index holds a concentrated portfolio of 50 blue-chip companies trading on Indias National Stock Exchange which covers approximately 66% of the Indian companies by market capitalization. The index uses size and liquidity screens in constructing its portfolio. Selected securities are then weighted equally and rebalanced quarterly. Prior to April 18, 2018, the fund was called First Trust Taiwan AlphaDex fund and traded under the ticker FTW.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 23, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Consumer Durables
Consumer Non-Durables
Technology Services
Stocks99.92%
Finance21.87%
Consumer Durables13.80%
Consumer Non-Durables10.56%
Technology Services10.37%
Non-Energy Minerals9.19%
Health Technology8.33%
Energy Minerals7.80%
Utilities4.02%
Communications2.23%
Commercial Services2.22%
Process Industries2.07%
Health Services2.05%
Industrial Services1.90%
Transportation1.80%
Distribution Services1.73%
Bonds, Cash & Other0.08%
Cash0.08%
Stock breakdown by region
100%
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows