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%
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%
Show More
Asset
Holdings
Symbol
Ratio
Hindalco Industries Limited
2.20%
Trent Limited
2.18%
Titan Company Limited
2.17%
Adani Enterprises Ltd
2.14%
Axis Bank Limited
2.11%
Symbol
Ratio
Larsen & Toubro Ltd.
2.11%
Shriram Finance Limited
2.10%
Maruti Suzuki India Limited
2.08%
Tata Consultancy Services Limited
2.06%
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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