NFTY
First Trust India Nifty 50 Equal Weight ETF
📎 Investment Objective
The First Trust India Nifty 50 Equal Weight ETF (NFTY) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nifty 50 Equal Weight Index.
Overview
ETF tracking First Trust India Nifty 50 Equal Weight ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust India Nifty 50 Equal Weight ETF (NFTY) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nifty 50 Equal Weight Index.
🎯 Investment Strategy
The fund invests in a portfolio of equity securities that seeks to track the Nifty 50 Equal Weight Index, which is designed to provide exposure to the 50 largest companies traded on the National Stock Exchange of India, with each company weighted equally.
✨ Key Features
- Provides exposure to the 50 largest companies in India through an equal-weighted index approach
- Diversified across sectors and industries to reduce single-stock risk
- Passively managed to track the performance of the underlying index
- Relatively low expense ratio compared to actively managed India-focused funds
⚠️ Primary Risks
- Exposure to the Indian equity market, which may be more volatile and less liquid than developed markets
- Concentration risk as the fund is focused on the 50 largest Indian companies
- Currency risk as the fund's returns are affected by the exchange rate between the U.S. dollar and the Indian rupee
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the Indian equity market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with investing in emerging markets.