NFTY - ETF AI Analysis
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First Trust India NIFTY 50 Equal Weight ETF (NFTY)
Rating:63Neutral
Price Target:―
Positive Factors
Balanced Top Holdings
The ETF uses an equal-weight approach, so no single stock dominates the portfolio, helping spread company-specific risk.
Exposure to Leading Indian Companies
The fund holds many well-known Indian firms in finance, technology, and consumer sectors, giving investors access to major players in India’s market.
Decent Asset Base
The ETF has a meaningful amount of assets under management, which can support trading liquidity for everyday investors.
Negative Factors
Recent Weak Performance
The ETF’s returns over the year to date and recent months have been negative, showing weak short-term momentum.
Several Lagging Top Holdings
A number of the largest positions, including major technology names, have delivered weak performance so far this year, which has weighed on the fund.
High Expense Ratio
The fund charges a relatively high fee, which can reduce the net returns investors keep over time.
NFTY vs. SPDR S&P 500 ETF (SPY)
AUM116.82M
RegionAsia-Pacific
Expense Ratio0.80%
Beta0.51
IssuerFirst Trust
Inception DateFeb 14, 2012
Dividend Yield1.9%
Asset ClassEquity
Index TrackedNIFTY 50 Equal Weight Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume26,573
30 Day Avg. Volume27,778
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
60.88Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NFTY Summary
NFTY is an exchange-traded fund that follows the NIFTY 50 Equal Weight Index, which includes 50 of India’s largest and most established companies, all held in roughly equal amounts. This means no single stock dominates the fund. It owns well-known Indian names like ICICI Bank and Tata Consultancy Services. Investors might consider NFTY to get simple, broad exposure to India’s fast-growing economy in one investment, with built-in diversification across many sectors. A key risk is that it is heavily tied to the Indian stock market, so its value can rise or fall sharply with that market.
How much will it cost me?The expense ratio for the First Trust India NIFTY 50 Equal Weight ETF (NFTY) is 0.8%, meaning you’ll pay $8 per year for every $1,000 invested. This is higher than average because the fund uses an equal-weight strategy, which requires more active management compared to passively managed ETFs that track market-cap weighted indices.
What would affect this ETF?The NFTY ETF could benefit from India's strong economic growth and increasing consumer demand, which supports sectors like financials, consumer cyclical, and technology. However, potential risks include regulatory changes in India, global economic uncertainty, and fluctuations in energy or material prices that could impact key holdings like Reliance Industries. Investors should also consider how changes in interest rates or geopolitical tensions in the Asia-Pacific region might affect the ETF's performance.
NFTY Top 10 Holdings
NFTY is riding India’s growth story with a balanced mix of sectors rather than one star dominating the stage. Auto player Bajaj Auto and consumer favorite Titan have been rising, giving the fund a solid boost, while Nestle India adds steady, defensive strength. On the flip side, big IT names like TCS and HCL Technologies have been lagging, acting as a bit of a brake on returns, with Tech Mahindra showing mixed signals. With all holdings based in India and equally weighted, the ETF avoids single-stock concentration but leans into India’s large-cap corporate core.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Zomato Ltd. | 2.41% | $2.90M | ₹3.07T | 1.02% | ― | |
| Bajaj Auto Limited | 2.32% | $2.79M | ₹3.27T | 36.28% | 64 Neutral | |
| HCL Technologies Limited | 2.31% | $2.78M | ₹3.69T | -10.87% | 73 Outperform | |
| Titan Company Limited | 2.28% | $2.74M | ₹4.51T | 42.65% | 69 Neutral | |
| Bajaj Finserv Limited | 2.19% | $2.63M | ₹3.25T | 0.77% | 65 Neutral | |
| Mahindra & Mahindra Ltd. | 2.15% | $2.58M | ₹4.28T | 0.56% | 68 Neutral | |
| Tech Mahindra Limited | 2.14% | $2.57M | ₹1.60T | 9.12% | 55 Neutral | |
| Shriram Finance Limited | 2.14% | $2.57M | ₹2.64T | 78.86% | 67 Neutral | |
| Bajaj Finance Limited | 2.14% | $2.57M | ₹6.77T | 20.43% | 64 Neutral | |
| Tata Consultancy Services Limited | 2.13% | $2.56M | ₹8.54T | -23.14% | 80 Outperform |
NFTY Technical Analysis
Negative
―
Price Trends
53.97
Positive
53.60
Positive
55.08
Negative
Market Momentum
0.12
Positive
47.67
Neutral
24.19
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NFTY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 54.54, equal to the 50-day MA of 53.97, and equal to the 200-day MA of 55.08, indicating a neutral trend. The MACD of 0.12 indicates Positive momentum. The RSI at 47.67 is Neutral, neither overbought nor oversold. The STOCH value of 24.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NFTY.
NFTY Peer Comparison
Comparison Results
Performance Comparison
NFTY
First Trust India NIFTY 50 Equal Weight ETF
54.12
-3.18
-5.55%
SMIN
iShares MSCI India Small Cap ETF
―
―
―
INDY
iShares India 50 ETF
―
―
―
GIND
Goldman Sachs India Equity ETF
―
―
―
IMVP
Invesco India Etf
―
―
―
INDH
WisdomTree India Hedged Equity Fund
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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