At the end of August 2022, India moved to the second spot in the MSCI emerging market (EM) index with a weight of 14.483% replacing Taiwan according to the data from Bloomberg. India now trails China, which accounts for over a third of the weight in the benchmark index. The MSCI EM index is widely tracked by global fund managers for fund allocation.
ET Intelligence Group: The latest improvement in India’s weight in the MSCI Emerging Market index is expected to prompt active as well as passive investors to increase allocation to the fastest-growing economy in the world. This may support the performance of Indian benchmark indices in the near term amid rising volatility in the global market.
At the end of August 2022, India moved to the second spot in the MSCI emerging market (EM) index
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