Trade First Trust India NIFTY 50 Equal Weight ETF - NFTY CFD

Trading Conditions

• Type: CFD
• Spread: 0.93
• Long position overnight funding adjustment: -0.02149%
• Short position overnight funding adjustment: -0.00074%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 52.21
• Open: 51.25
• 1-Year Change: -4.54%
• Day's Range: 51.25 - 51.85

What is First Trust India NIFTY 50 Equal Weight ETF (NFTY)?

First Trust India NIFTY 50 Equal Weight ETF is an exchange-traded fund designed to provide investment results that correspond to the performance of the NIFTY 50 Equal Weight Index. This index represents an equal-weighted portfolio of 50 leading Indian companies across various sectors, offering diversified exposure to the Indian equity market. The fund aims to reflect the performance of the underlying index by holding the constituent stocks in equal proportions, differing from traditional market capitalization-weighted indices. This approach allows for a more balanced representation of companies, potentially reducing concentration risk associated with larger firms. The ETF is managed by a financial services firm specializing in exchange-traded products and provides investors with a means to access the Indian market through a single investment vehicle. It is utilized by investors seeking broad exposure to Indian equities with an emphasis on equal weighting among the top companies in the region.

First Trust India NIFTY 50 Equal Weight ETF Stock Price Today: Live Overview

The price today is shaped by the First Trust India NIFTY 50 Equal Weight ETF's market movements, currently trading at $52.85. It has seen fluctuations between $51.08 and $51.98, resulting in a daily change percentage of -1.3216%.

FAQ: First Trust India NIFTY 50 Equal Weight ETF (NFTY)

What is the current price of NFTY stock?

First Trust India NIFTY 50 Equal Weight ETF is priced at $52.85.

Does NFTY pay dividends?

This ETF does not pay dividends.

Does NFTY have a formal corporate presence or regional headquarters in the UAE?

The ETF does not have an official presence or office in the UAE and operates via international exchanges.

What is NFTY best known for?

The ETF is most famous for providing equal-weight exposure to the NIFTY 50 index of Indian equities.

What assets are typically shown together with NFTY?

Commonly shown alongside NFTY: iShares ESG MSCI USA Leaders ETF, JPMorgan Ultra-Short Municipal Income ETF, iShares MSCI South Africa ETF