FLIN vs NFTY

FLINAFranklin FTSE India ETF

NFTYBFirst Trust India NIFTY 50 Equal Weight ETF

In short

FLIN Franklin's India fund runs the whole large- and mid-cap market at 0.19% a year, a fraction of what most India ETFs charge. Same country, same index-tracking job, cheaper meter running.

NFTY Most 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.

Stated mandate

FLIN The fund seeks to track, before fees and expenses, the performance of the FTSE India RIC Capped Index.

NFTY 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

• FLIN Charges 0.19% a year, well under the typical India ETF fee and under every other top-scoring fund in the group, including INDA, INDY and SMIN.
• Tracks the FTSE India RIC Capped Index with very little slippage, one of the tightest index-following records among India funds.
• Roughly 240 Indian stocks in one ticker, plus a billion-dollar-plus asset base and steady daily trading, so spreads stay manageable for ordinary orders.
• Live since 2018, giving it a multi-year track record through India's boom and its drawdowns rather than a fresh-off-the-line prospectus.

• NFTY 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

• FLIN One country, one currency. Indian politics, rates and a moving rupee land directly in the price, with no other market to cushion the swing.
• The RIC Capped index trims oversized positions to meet US fund diversification rules, so returns can drift from an uncapped India benchmark.
• Distributions come annually or semiannually, and Indian large caps are not a high-payout market. This is a growth-exposure tool, not an income stream.

• NFTY 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.

Full FLIN profile⁠

Full NFTY profile⁠