First Trust India NIFTY 50 Equal Wtd ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
First Trust India NIFTY 50 Equal Weight ETF NFTY
Morningstar’s Analysis NFTY
Will NFTY outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the NFTY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of NFTY’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Adani Enterprises Ltd | 3.02 | 4M | Energy |
Adani Ports & Special Economic Zone Ltd | 2.54 | 3M | Industrials |
Tata Motors Passenger Vehicles Ltd | 2.36 | 3M | Consumer Cyclical |
Asian Paints Ltd | 2.33 | 3M | Basic Materials |
Trent Ltd | 2.31 | 3M | Consumer Cyclical |
Grasim Industries Ltd | 2.29 | 3M | Basic Materials |
Hindalco Industries Ltd | 2.25 | 3M | Basic Materials |
Nestle India Ltd | 2.19 | 3M | Consumer Defensive |
Larsen & Toubro Ltd | 2.17 | 3M | Industrials |
Apollo Hospitals Enterprise Ltd | 2.16 | 3M | Healthcare |