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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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Overview
Analysis Holdings News Ideas Discussions Technicals Seasonals Options

NFTY chart


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Key stats


Assets under management (AUM)
‪231.68 M‬ USD
Fund flows (1Y)
‪34.08 M‬ USD
Dividend yield (indicated)
1.41%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪4.00 M‬
Expense ratio
0.80%

About First Trust India Nifty 50 Equal Weight ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Home page
ftportfolios.com
Inception date
Feb 14, 2012
Structure
Open-Ended Fund
Index tracked
NIFTY 50 Equal Weight Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
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

NFTY analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Consumer Durables
Stock breakdown by region
100%
Top 10 holdings

NFTY news



Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

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