First Trust India NIFTY 50 Equal Weight ETF
$52.51−0.36 (−0.68%)
- Expense ratio
- 0.80%
- Fund size
- $104M
- 1Y return
- −8.0%
- Yield · Last 12 months
- 1.94%
- Holdings
- 50
- Volume · 30D
- 0M sh
- NAV per share
- $53.18
- 52W range
The ETF.net NFTY Grade
Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 25Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 62Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 100Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 68Category rank
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
- 50
- 23%
- Indian Rupee
Sectors
- Financials23.3%
- Technology12.4%
- Energy11.6%
- Industrials11.4%
- Consumer Discr.10.5%
- Communication7.7%
- Materials6.2%
- Health Care5.9%
- Utilities5.5%
- Cons. Staples5.5%
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.
Returns run to the Sep 22, 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 | −8.8% |
| 1 month | −2.6% |
| 3 months | −2.9% |
| 1 year | −8.0% |
| 3 years | +4.1% |
| 5 years | +3.3% |
| 10 years | +6.6% |
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 | −8.8% | |
| 2025 | +5.5% | |
| 2024 | +5.2% | |
| 2023 | +24.0% | |
| 2022 | −3.4% | |
| 2021 | +26.8% | |
| 2020 | +10.0% |
NFTY in the news
ETF.net Research hasn’t filed on NFTY yet — coverage lands here as it’s written.
NFTY Dividends
- 1.94%
- $1.03
- $0.31 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Mar 26, 2026 | Mar 31, 2026 | $0.31 |
| Dec 12, 2025 | Dec 31, 2025 | $0.72 |
| Dec 13, 2024 | Dec 31, 2024 | $0.76 |
| Jun 27, 2024 | Jun 28, 2024 | $0.06 |
| Mar 21, 2024 | Mar 28, 2024 | $0.08 |
| Jun 27, 2023 | Jun 30, 2023 | $0.02 |
| Mar 24, 2023 | Mar 31, 2023 | $0.05 |
| Dec 23, 2022 | Dec 30, 2022 | $1.05 |
| Sep 23, 2022 | Sep 30, 2022 | $0.22 |
| Mar 25, 2022 | Mar 31, 2022 | $1.30 |
| Dec 23, 2021 | Dec 31, 2021 | $0.50 |
| Sep 23, 2021 | Sep 30, 2021 | $0.08 |
NFTY Risk
- 13.3%
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.
- 0.16
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.
- −21.5%
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
- The middle half of India funds
- Median 0.75%
14 of the 19 India funds charge less.