First Trust India NIFTY 50 Equal Weight ETF
NFTY
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Feb 28, 2012
- CIK
- 0001510337
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that seeks investment results tracking the NIFTY 50 Equal Weight Index, which measures the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India, with each constituent equally weighted at approximately 2% and rebalanced semi-annually. The fund normally invests at least 90% of its net assets in securities comprising the index or depository receipts representing such securities, providing investors exposure to large-cap Indian equities across diversified sectors including financials, consumer staples, industrials, and materials; it holds positions in companies such as Shriram Finance Ltd, Hindalco Industries Ltd, Titan Company Ltd, Larsen & Toubro Ltd, and Nestle India Ltd, among others. NFTY, launched on February 14, 2012, is managed by First Trust Advisors L.P., a privately-held investment adviser founded in 1991 and headquartered at 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187; the firm oversees approximately $299 billion in assets under management as of September 30, 2025, across exchange-traded funds, unit investment trusts, and other products, with First Trust Portfolios L.P. serving as distributor. Geographically, the fund focuses exclusively on the Indian equity market, classified under India Equity by Morningstar, with total net assets of approximately $189 million USD and an expense ratio of 0.80-0.81%. In recent developments, the underlying NIFTY 50 Equal Weight Index underwent rebalancing effective September 30, 2024, as part of NSE Indices' semi-annual adjustments impacting related benchmarks like NIFTY 50; additionally, First Trust Advisors announced distributions for NFTY on December 11, 2025, including an ex-dividend payment of $0.7608 per share on December 13, 2024, alongside ongoing institutional interest evidenced by purchases from firms like Castlekeep Investment Advisors and Raymond James. The fund previously transitioned its benchmark index to the NIFTY 50 Equal Weight Index on April 17, 2018, from the NASDAQ AlphaDEX Taiwan Index, reflecting a strategic shift to India-focused exposure.