Key stats
About First Trust India Nifty 50 Equal Weight ETF
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Inception date
Feb 14, 2012
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Durables
Stocks99.98%
Finance24.42%
Consumer Durables14.50%
Non-Energy Minerals9.48%
Technology Services9.40%
Consumer Non-Durables8.22%
Energy Minerals5.98%
Health Technology5.69%
Transportation4.30%
Utilities3.72%
Electronic Technology2.41%
Distribution Services2.04%
Communications2.00%
Health Services1.99%
Retail Trade1.99%
Industrial Services1.96%
Process Industries1.88%
Bonds, Cash & Other0.02%
Cash0.02%
Stock breakdown by region
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
Frequently Asked Questions
NFTY invests in stocks. The fund's major sectors are Finance, with 24.42% stocks, and Consumer Durables, with 14.50% of the basket. The assets are mostly located in the Asia region.
NFTY top holdings are Bharat Electronics Limited and IndusInd Bank Ltd., occupying 2.41% and 2.29% of the portfolio correspondingly.
NFTY last dividends amounted to 0.76 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 91.96% increase.
NFTY assets under management is 234.16 M USD. It's fallen 1.55% over the last month.
NFTY fund flows account for 14.21 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NFTY pays dividends to its holders with the dividend yield of 1.41%. The last dividend (Dec 31, 2024) amounted to 0.76 USD. The dividends are paid quarterly.
NFTY shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Feb 14, 2012, and its management style is Passive.
NFTY expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
NFTY follows the NIFTY 50 Equal Weight Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NFTY invests in stocks.
NFTY price has risen by 0.57% over the last month, and its yearly performance shows a 0.31% increase. See more dynamics on NFTY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.49% over the last month, showed a 7.27% increase in three-month performance and has increased by 2.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.49% over the last month, showed a 7.27% increase in three-month performance and has increased by 2.31% in a year.
NFTY trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.