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NFTY

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First Trust India Nifty 50 Equal Weight Etf

60.08
+0.11 (+0.18%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 59.97
Day's Range: 59.86 - 60.21
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When Written:
 
41.99
First Trust India NIFTY 50 Equal Weight ETF is an exchange-traded fund (ETF) that seeks to track the performance of the NIFTY 50 Equal Weight Index. The NIFTY 50 Equal Weight Index is composed of the 50 largest companies listed on the National Stock Exchange of India (NSE) and is equally weighted, meaning that each company has the same weight in the index.

The ETF provides investors with exposure to the Indian equity market and allows them to invest in a diversified portfolio of companies across various sectors. The ETF is managed by First Trust Advisors and was launched in June 2018.

The expense ratio of the ETF is 0.80%, which is relatively low compared to other India-focused ETFs. The ETF has total assets under management of $23.7 million and trades on the NASDAQ stock exchange under the ticker symbol "NFTY".

Investors should be aware that investing in the ETF involves risks, including the potential for loss of principal. The ETF is subject to the risks associated with investing in the Indian equity market, including political and economic risks, currency exchange rate risks, and regulatory risks.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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