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First Trust India NIFTY 50 Equal Weight ETF

NFTY·NASDAQ
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Key Stats

Assets Under Management
146.73MUSD
Fund Flow (1Y)
-78.21MUSD
Dividend Yield
1.91%
Discount / Premium to NAV
-1.01%
Shares Outstanding
2.70M
Expense Ratio
0.80%

About First Trust India NIFTY 50 Equal Weight ETF

Issuer
First Trust Advisors L.P.
Brand
First Trust
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 India's 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

Analysis

Sector

Financial Services

21.86%

Consumer Cyclical

16.42%

Basic Materials

12.33%

Technology

10.09%

Healthcare

9.43%

Industrials

8.24%

Energy

7.96%

Consumer Defensive

7.87%

Utilities

3.83%

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Asset

Holdings

Symbol

Ratio

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Hindalco Industries Limited

2.20%
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Trent Limited

2.18%
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Titan Company Limited

2.17%
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Adani Enterprises Ltd

2.14%
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Axis Bank Limited

2.11%

Symbol

Ratio

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Larsen & Toubro Ltd.

2.11%
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Shriram Finance Limited

2.10%
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Maruti Suzuki India Limited

2.08%
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Tata Consultancy Services Limited

2.06%
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Oil and Natural Gas Corporation Limited

2.05%

Top 10 Weight 21.2%

52 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

FAQ

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