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

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪244.06 M‬USD
Fund flows (1Y)
‪112.12 M‬USD
Dividend yield (indicated)
1.65%
Discount/Premium to NAV
−0.6%
Shares outstanding
‪4.45 M‬
Expense ratio
0.80%

About First Trust India Nifty 50 Equal Weight ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Feb 14, 2012
Structure
Open-Ended Fund
Index tracked
NIFTY 50 Equal Weight Index
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
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
Geography
India
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 February 7, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Consumer Durables
Consumer Non-Durables
Non-Energy Minerals
Stocks99.90%
Finance22.88%
Consumer Durables14.74%
Consumer Non-Durables10.21%
Non-Energy Minerals10.05%
Technology Services9.79%
Energy Minerals7.87%
Health Technology5.70%
Utilities3.68%
Communications2.09%
Process Industries2.01%
Distribution Services1.94%
Health Services1.87%
Electronic Technology1.87%
Transportation1.84%
Industrial Services1.83%
Retail Trade1.54%
Bonds, Cash & Other0.10%
Cash0.10%
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