Indian stocks and weighting in MSCI EM index on the rise, shows data

Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.

India’s weighting and the number of domestically listed stocks in the widely tracked MSCI Emerging Market (EM) index have seen a considerable increase in just 13 months. In October 2020, India’s weighting was around 8.1 per cent, and 87 stocks were part of the index. By the end of November 2021, the weighting increased to 12.3 per cent and the number of stocks jumped to 106.

This has helped channelise a significant amount of foreign flows into the country. Over $400 billion in assets under management (AUM) are said to be benchmarked to the MSCI EM index. As a result, a