NASDAQ:NFTY

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

$57.06
+0.22 (+0.39%)
(As of 04/23/2024 ET)
Today's Range
$56.59
$57.09
50-Day Range
$55.50
$58.15
52-Week Range
$43.20
$58.25
Volume
13,700 shs
Average Volume
30,817 shs
Market Capitalization
$199.71 million
Assets Under Management
$197.16 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

Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
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
$197.16 million
Average Daily Volume
$27,950.10
Discount/Premium
0.51%

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
22,100 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%0.63%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

  • NTPC Ltd
    Holding Weight: 2.19%
  • Divi's Laboratories Ltd
    Holding Weight: 2.16%
  • Mahindra & Mahindra Ltd
    Holding Weight: 2.16%
  • Shriram Finance Ltd
    Holding Weight: 2.15%
  • Tata Steel Ltd
    Holding Weight: 2.13%
  • HDFC Bank Ltd
    Holding Weight: 2.09%
  • Bajaj Finserv Ltd
    Holding Weight: 2.08%
  • JSW Steel Ltd
    Holding Weight: 2.08%
  • Bajaj Finance Ltd
    Holding Weight: 2.07%
  • Adani Ports & Special Economic Zone Ltd
    Holding Weight: 2.06%

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 at the beginning of the year. Since then, NFTY shares have increased by 5.5% and is now trading at $57.06.
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 decline in short interest during the month of March. As of March 31st, there was short interest totaling 200 shares, a decline of 99.4% from the March 15th total of 32,900 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 0.0 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. Stockholders of record on Friday, March 22nd will be given a dividend of $0.0785 per share on Thursday, March 28th. This represents a $0.31 annualized dividend 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 $197.16 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 a number of institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (6.19%), Marmo Financial Group LLC (2.48%), Purus Wealth Management LLC (1.01%), Clarus Wealth Advisors (0.19%) and Trilogy Capital Inc. (0.16%).

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 4/24/2024 by MarketBeat.com Staff

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