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MSCI Emerging Markets Index

Tue, 19 May 2026 00:00:00 +0000

The MSCI Emerging Markets Index is the global benchmark tracking equity market performance across 24+ emerging-market economies, with India consistently among the top three weights alongside China and Taiwan. The index is constructed by MSCI (Morgan Stanley Capital International), the dominant provider of global investment indices, and is the reference standard for emerging-market portfolio management worldwide.

For Indian capital markets, the MSCI Emerging Markets Index is important because:

Foreign portfolio investor flows: FPIs investing globally use MSCI EM as their reference allocation. India’s weight in MSCI EM directly translates to passive-fund inflows into Indian equities.
India-focused funds: International India-focused mutual funds typically benchmark against MSCI India (a sub-index) or MSCI EM India.
Indian fund-of-fund schemes: Indian-resident investors accessing global emerging markets via India-resident mutual funds may use MSCI EM as the benchmark.

Index methodology

Constituent universe

The index covers:

MSCI World Index

Tue, 19 May 2026 00:00:00 +0000

The MSCI World Index is the principal global developed-markets equity benchmark, tracking approximately 1,500 large and mid-cap stocks across 23 developed countries. The index is the standard reference for global developed-market portfolio management and serves as the benchmark for Indian Fund-of-Funds schemes that offer global developed-market exposure to Indian resident investors.

For Indian retail investors seeking global diversification, MSCI World provides:

Developed-market exposure: 23 countries including US, UK, Germany, Japan, Switzerland.
Currency diversification: Across USD, EUR, GBP, JPY, CHF.
Sectoral diversification: Beyond the home-country bias of Indian-only portfolios.

Index methodology

Country coverage

The index covers 23 developed countries:

MSCI Emerging Markets Index

Tue, 12 May 2026 00:00:00 +0000

The MSCI Emerging Markets Index (commonly abbreviated as MSCI EM) is a free-float adjusted market capitalisation-weighted equity index maintained by MSCI Inc. (previously Morgan Stanley Capital International), covering large- and mid-cap stocks across 24 emerging market (EM) countries. First launched in 1988, the MSCI EM is the most widely referenced benchmark for the emerging markets equity asset class globally, with over USD 1.7 trillion in assets benchmarked to it as of 2024. For Indian mutual fund investors, the MSCI EM Index is the benchmark used by fund-of-fund (FoF) schemes and overseas ETF feeder funds that invest in emerging markets equities.