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First Trust India NIFTY 50 Equal Weight (NFTY)Overvalued or undervalued?
Look-through valuation · Style & factor · Expense ratio 0.80 % · ISIN US33737J8027
Price history (since 2012)
Monthly close since 2012. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Trent Limited TRENT | 2.2 % | −57.0 % | 63 |
| BSE Limited BSE | 2.1 % | −46.8 % | 74 |
| HDFC Life Insurance Company Limited HDFCLIFE | 2.1 % | −85.7 % | 49 |
| InterGlobe Aviation Limited INDIGO | 2.1 % | +30.2 % | 47 |
| Axis Bank Limited AXISBANK | 2.1 % | −43.8 % | 37 |
| Bharti Airtel Limited BHARTIARTL | 2.1 % | +4.9 % | 58 |
| Infosys Limited INFY | 2.1 % | +54.3 % | 83 |
| ICICI Bank Limited ICICIBANK | 2.0 % | −54.0 % | 57 |
| Tata Consultancy Services Limited TCS | 2.0 % | +29.9 % | 76 |
| SBI Life Insurance Company Limited SBILIFE | 2.0 % | −87.6 % | 44 |
| Adani Ports and Special Economic Zone Limited ADANIPORTS | 2.0 % | −40.5 % | 50 |
| Reliance Industries Limited RELIANCE | 2.0 % | −26.3 % | 50 |
| Tata Consumer Products Limited TATAGLOBAL | 2.0 % | n/a | n/a |
| Asian Paints Limited ASIANPAINT | 2.0 % | −36.9 % | 72 |
| ITC Limited ITC | 2.0 % | +8.5 % | 81 |
| Bajaj Finserv Limited BAJAJFINSV | 2.0 % | −53.8 % | 38 |
| JSW Steel Limited JSWSTEEL | 2.0 % | −6.9 % | 52 |
| Nestle India Limited NESTLEIND | 2.0 % | n/a | n/a |
| Bharat Electronics Limited BEL | 2.0 % | n/a | n/a |
| NTPC Limited NTPC | 2.0 % | +39.9 % | 42 |
| Tata Motors Limited TATAMOTORS | 2.0 % | n/a | n/a |
| Zomato Limited ZOMATO | 2.0 % | n/a | n/a |
| Adani Enterprises Limited ADANIENT | 2.0 % | −67.3 % | 20 |
| Hindustan Unilever Limited HINDUNILVR | 2.0 % | −59.1 % | 80 |
| State Bank of India SBIN | 2.0 % | −22.9 % | 53 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 47 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about NFTY
Is NFTY overvalued?
What is the fair value of NFTY?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of NFTY?
What is the expense ratio of NFTY?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust India NIFTY 50 Equal Weight ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.