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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 |
|---|---|---|---|
| Zomato Limited ZOMATO | 2.5 % | n/a | n/a |
| Bajaj Auto Limited BAJAJ-AUTO | 2.4 % | −61.6 % | 63 |
| Titan Company Limited TITAN | 2.3 % | n/a | n/a |
| HCL Technologies Limited HCLTECH | 2.3 % | +30.6 % | 74 |
| Tata Consultancy Services Limited TCS | 2.2 % | +49.7 % | 76 |
| Bajaj Finserv Limited BAJAJFINSV | 2.2 % | −60.0 % | 39 |
| Tech Mahindra Limited TECHM | 2.2 % | n/a | n/a |
| Shriram Finance Limited SHRIRAMFIN | 2.1 % | −47.0 % | 55 |
| Nestle India Limited NESTLEIND | 2.1 % | n/a | n/a |
| Grasim Industries Limited GRASIM | 2.1 % | −62.4 % | 30 |
| Infosys Limited INFY | 2.1 % | +73.2 % | 83 |
| Mahindra & Mahindra Limited M&M | 2.1 % | n/a | n/a |
| JSW Steel Limited JSWSTEEL | 2.1 % | −12.9 % | 52 |
| Sun Pharmaceutical Industries Limited SUNPHARMA | 2.1 % | −7.0 % | 65 |
| ICICI Bank Limited ICICIBANK | 2.1 % | −41.6 % | 57 |
| Wipro Limited WIPRO | 2.1 % | +78.8 % | 69 |
| Eicher Motors Limited EICHERMOT | 2.1 % | −58.6 % | 69 |
| HINDALCO INDUSTRIES LTD. HINDALCO | 2.0 % | n/a | n/a |
| Apollo Hospitals Enterprise Limited APOLLOHOSP | 2.0 % | −39.8 % | 58 |
| State Bank of India SBIN | 2.0 % | −3.4 % | 52 |
| Maruti Suzuki India Limited MARUTI | 2.0 % | −35.9 % | 58 |
| JIO Financial Services Ltd JIOFIN | 2.0 % | −27.6 % | 61 |
| InterGlobe Aviation Limited INDIGO | 2.0 % | +23.4 % | 49 |
| Bharat Electronics Limited BEL | 2.0 % | n/a | n/a |
| UltraTech Cement Limited ULTRACEMCO | 2.0 % | −58.2 % | 55 |
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 +65.2 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF +56.4 % below FV
- 3 FXI iShares China Large-Cap ETF +52.9 % below FV
- 4 KWEB KraneShares CSI China Internet ETF +44.4 % below FV
- 5 FLCH Franklin FTSE China ETF +38.3 % below FV
- 6 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +29.9 % below FV
- 7 MCHI iShares MSCI China ETF +28.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF +18.6 % below FV
- 9 TAN Invesco Solar ETF +17.9 % below FV
- 10 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +8.4 % 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: Sep 4, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.