NASDAQ:NFTY

First Trust India NIFTY 50 Equal Weight ETF (NFTY) Price, Holdings, & News

$57.37
+0.24 (+0.42%)
(As of 02:01 PM ET)
Today's Range
$57.15
$57.62
50-Day Range
$55.50
$58.15
52-Week Range
$43.69
$58.25
Volume
9,058 shs
Average Volume
30,653 shs
Market Capitalization
$200.80 million
Assets Under Management
$210.46 million
Dividend Yield
0.16%
Net Expense Ratio
0.80%
NFTY stock logo

About First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.

NFTY Stock Price History

NFTY ETF News Headlines

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust India NIFTY 50 Equal Weight ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:NFTY
Inception Date
2/14/2012
Fund Manager
Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
Web
N/A

Fund Focus

Asset Class
Equity
Benchmark
NIFTY 50 Equal Weight Index
Category
Size and Style
Focus
Large Cap
Development Level
Emerging Markets
Region
Asia-Pacific
Number of Holdings
50

Fund Statistics

Assets Under Management
$209.94 million
Average Daily Volume
$27,997.00
Discount/Premium
-0.15%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
N/A
Short Interest
43,000 shs

Miscellaneous

Beta
0.72
Creation Unit
50,000
Creation Fee
$2,500.00
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First Trust India NIFTY 50 Equal Weight ETF Expenses

TypeNFTYLarge Cap ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.80%0.57%0.54%0.48%0.51%
Other Expenses0.00%0.29%0.54%0.34%0.58%
Total Expense0.80%0.64%0.70%0.58%0.70%
Fee Waiver0.00%-0.19%-0.55%-0.22%-0.57%
Net Expense0.80%0.61%0.60%0.54%0.58%

First Trust India NIFTY 50 Equal Weight ETF (NFTY) Holdings & Exposure

Top 10 NFTY Holdings

  • Hindalco Industries Ltd
    Holding Weight: 2.29%
  • Eicher Motors Ltd
    Holding Weight: 2.24%
  • Divi's Laboratories Ltd
    Holding Weight: 2.19%
  • Mahindra & Mahindra Ltd
    Holding Weight: 2.16%
  • Tata Steel Ltd
    Holding Weight: 2.15%
  • Bajaj Finance Ltd
    Holding Weight: 2.14%
  • NTPC Ltd
    Holding Weight: 2.14%
  • Bharti Airtel Ltd
    Holding Weight: 2.13%
  • JSW Steel Ltd
    Holding Weight: 2.11%
  • Oil & Natural Gas Corp Ltd
    Holding Weight: 2.09%

NFTY Sector Exposure

NFTY Industry Exposure


NFTY ETF - Frequently Asked Questions

How have NFTY shares performed in 2024?

First Trust India NIFTY 50 Equal Weight ETF's stock was trading at $54.06 on January 1st, 2024. Since then, NFTY stock has increased by 5.7% and is now trading at $57.15.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust India NIFTY 50 Equal Weight ETF?

First Trust India NIFTY 50 Equal Weight ETF saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 43,000 shares, an increase of 94.6% from the March 31st total of 22,100 shares. Based on an average daily volume of 29,500 shares, the days-to-cover ratio is currently 1.5 days.
View First Trust India NIFTY 50 Equal Weight ETF's Short Interest
.

How often does First Trust India NIFTY 50 Equal Weight ETF pay dividends? What is the dividend yield for First Trust India NIFTY 50 Equal Weight ETF?

First Trust India NIFTY 50 Equal Weight ETF declared a quarterly dividend on Wednesday, March 20th. Investors of record on Friday, March 22nd will be paid a dividend of $0.0785 per share on Thursday, March 28th. This represents a $0.31 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for NFTY
.

What does NFTY invest in?

First Trust India NIFTY 50 Equal Weight ETF is a equity fund issued by First Trust. NFTY focuses on large cap investments and follows the NIFTY 50 Equal Weight Index. The fund's investments total to approximately $210.46 million assets under management.

What is the management fee for First Trust India NIFTY 50 Equal Weight ETF?

First Trust India NIFTY 50 Equal Weight ETF's management fee is 0.80% and has no other recorded expenses or fee waivers. The net expense ratio for NFTY is 0.80%.

What other stocks do shareholders of First Trust India NIFTY 50 Equal Weight ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust India NIFTY 50 Equal Weight ETF investors own include Champions Oncology (CSBR), Salesforce (CRM), Ceridian HCM (CDAY), B&G Foods (BGS), Advanced Micro Devices (AMD), Align Technology (ALGN), AmTrust Financial Services (AFSI), Autodesk (ADSK) and Adobe (ADBE).

Who are First Trust India NIFTY 50 Equal Weight ETF's major shareholders?

First Trust India NIFTY 50 Equal Weight ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (6.19%), Marmo Financial Group LLC (2.48%), Cambridge Investment Research Advisors Inc. (1.16%), Benjamin F. Edwards & Company Inc. (1.14%), Purus Wealth Management LLC (1.01%) and Cottonwood Capital Advisors LLC (0.41%).

How do I buy shares of First Trust India NIFTY 50 Equal Weight ETF?

Shares of NFTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NFTY) was last updated on 5/2/2024 by MarketBeat.com Staff

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