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NFTY ETF Profile


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