Family: | First Trust |
Name: | First Trust India NIFTY 50 Equal Weight ETF |
Inception Date: | 18-Apr-2018 |
Termination Date: | |
Investment Objective: | The First Trust India NIFTY 50 Equal Weight ETF (the "Fund"), formerly First Trust Taiwan AlphaDEX Fund, seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NIFTY 50 Equal Weight Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The NIFTY 50 Equal Weight Index is an equally weighted index that consists of the same companies as the NIFTY 50 Index, an index that tracks the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India. The NIFTY 50 Equal Weight Index gives equal exposure to all 50 constituents. The same weight, or importance, is given to each stock in the index, allowing for the performance of smaller companies to contribute as much as the larger companies within the index. |
Prospectus | |
Top 10 Holdings | ||
Wipro Limited | WPRO | 2.4890% |
Tech Mahindra Ltd. | TECHM | 2.4105% |
HCL Technologies Limited | HCLT | 2.3451% |
Bharat Electronics Ltd. | BHE | 2.3309% |
State Bank of India | SBIN | 2.3238% |
Infosys Limited | INFO | 2.2633% |
HDFC Bank Limited | HDFCB | 2.2561% |
Tata Consultancy Services Limited | TCS | 2.2498% |
JSW Steel Limited | JSTL | 2.2097% |
Larsen & Toubro Ltd. | LT | 2.1964% |
Top 10 Holdings Weight: | 23.1% |
Number of Holdings: | 52 |
Shares Outstanding: | 4,850,002 |
Total Net Assets: | 288,526,600 |
NAV: | 59.17 |
Net Expense Ratio: | 0.80% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Emerging Market Funds |
Country: | India |
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Market Cap: | Large Cap |
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Is Currency Hedged: | No |
US or Ex-US: | International |