NFTYFirst Trust India NIFTY 50 Equal Weight ETF

Grow my money14y track recordRanked #1,566 of 2,960 in this goal

Seeks investment results that correspond generally to the price and yield of the NIFTY 50 Equal Weight Index.

By First Trust · Launched 2012

Annual Cost

0.80%

#4,189 of 5,562 · expensive

Fund Size

$134M

#2,668 of 5,562 · mid-size

Return (1Y)Goal

-5.2%

Track Record

14 years

#978 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,427-5.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Asia pacific

Cap

Large

Strategy

Index enhanced

Index tracked

NIFTY 50 Equal Weight Index

What it actually holds

By weight

Concentration

Top 10 holdings = 21.1% of fund✓ well diversified

Tata Steel Ltd

2.2%

JSW Steel Ltd

2.2%

Shriram Finance Ltd

2.1%

Axis Bank Ltd

2.1%

Bajaj Auto Ltd

2.1%

Oil & Natural Gas Corp Ltd

2.1%

Tata Motors Passenger Vehicles

2.1%

Mahindra & Mahindra Ltd

2.1%

Kotak Mahindra Bank Ltd

2.1%

NTPC Ltd

2.1%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Financial Services

20.9%

Consumer Cyclical

16.6%

Basic Materials

13.1%

Healthcare

9.9%

Technology

9.0%

Energy

8.5%

Industrials

8.5%

Consumer Defensive

8.1%

Other

5.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.7%Moderate

Year-on-year price swings

Max drawdown

-47.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.26Below average

Sortino (3Y)

0.37Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield of the NIFTY 50 Equal Weight Index.
Strategy: Invests primarily in securities that comprise the NIFTY 50 Equal Weight Index, attempting to replicate its performance. The Index includes the same 50 companies as the Benchmark Index but gives each an equal weight, rebalancing quarterly and reconstituting semi-annually.
Inception date: February 14, 2012
Fund family: First Trust