First Trust India NIFTY 50 Equal Weight ETF
$51.46+1.09 (+2.16%)
- 0.80%
- $98M
- −11.3%
- 2.04%
- 0M sh
- $50.46
- low $49.25high $60.70
The ETF.net NFTY Grade
B
Score 62 out of 100
- 7 of 19
Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D25 out of 100Rank 14 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 3 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 10 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A100 out of 100Rank 1 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 7 of 19
Our read on NFTY
BMost India funds are a bet on a few megacaps. NFTY splits the NIFTY 50 evenly, so the fiftieth name carries the same weight as the first. Large caps only, rules-based, running since 2012.
NFTY seeks to track, before fees and expenses, the price and yield of the NIFTY 50 Equal Weight Index. It normally invests at least 90% of net assets in common stocks comprising that Index.
Why people hold it
- Equal weight is the whole point: about 50 NIFTY large caps, each given the same slice, so one or two Indian giants don't set the tone.ftportfolios.com
- Tight mandate: normally at least 90% of net assets sit in the common stocks of its index. No stock-picking side quests.ftportfolios.com
- Listed since 2012, so this is a long-running vehicle rather than a fresh idea chasing an India headline.
- The portfolio stays glued to what the documents promise: a passive, index-tracking slice of India's largest listed companies.
Worth knowing
- Costs 0.80% a year, above the India-ETF median of 0.75% and far above cap-weighted options like FLIN at 0.19%.
- Equal weight cuts both ways: when India's biggest names lead, this fund holds less of them than cap-weighted rivals such as INDA or INDY.
- It trades lightly next to the largest India ETFs, so spreads and order type matter more here than in a household-name fund.
NFTY Holdings
- Stocks
- 52
- 21%
- TRENT.NS
Sectors
- Financials24.1%
- Consumer Discretionary15.9%
- Materials12.0%
- Health Care9.8%
- Industrials8.1%
- Technology8.1%
- Energy8.0%
- Consumer Staples7.9%
- Utilities4.0%
- Communication2.0%
Geography
- India100.00%
Developed 0% · Emerging 100%
NFTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
NFTY$8,875
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NFTY |
|---|---|
| Year to date | −13.1% |
| 1 month | −5.0% |
| 3 months | −6.4% |
| 1 year | −11.3% |
| 3 years | +2.4% |
| 5 years | +2.3% |
| 10 years | +6.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NFTY |
|---|---|---|
| 2026 YTD | −13.1% | |
| 2025 | +5.5% | |
| 2024 | +5.2% | |
| 2023 | +24.0% | |
| 2022 | −3.4% | |
| 2021 | +26.8% | |
| 2020 | +10.0% |
NFTY in the news
NFTY Dividends
- 2.04%
- $1.03
- $0.31 per share
- Quarterly
Distribution history
NFTY Risk
- 13.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.06
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.63
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NFTY Cost
0.80%
NFTY0.80%
- The middle half of India funds
- Median 0.75%
14 of the 19 India funds charge less.
Other funds in India
- BGINDGoldman Sachs India Equity ETFExpense ratio 0.75%1 year return −9.3%
- BNDIAGlobal X - India Active ETFExpense ratio 0.75%1 year return −11.6%
- CINDZVanEck India Select ETFExpense ratio 0.75%1 year return —
- CINDEMatthews India Active ETF INDEExpense ratio 0.79%1 year return −2.9%
- CINCOColumbia India Consumer ETFExpense ratio 0.75%1 year return −12.2%