{"id":111281,"date":"2026-06-09T14:03:42","date_gmt":"2026-06-09T08:33:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=111281"},"modified":"2026-06-09T14:03:43","modified_gmt":"2026-06-09T08:33:43","slug":"no-indian-firms-msci-emerging-markets-top-10","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/","title":{"rendered":"No Indian Firms in MSCI Emerging Markets Top 10 for First Time in 26 Years: How the AI Boom Pushed India Out and What It Means for Indian Investors"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>India MSCI Emerging Markets weight: 10.87% (6-year low). HDFC Bank 11th, RIL 12th. TSMC alone: 14.20%. SK Hynix +194%, Samsung +147% from peaks. FII outflows 2026: Rs 2,76,178 crore.<\/em><\/p>\n<p>The <strong>MSCI Emerging Markets<\/strong> benchmark has delivered a landmark signal on India&#8217;s relative standing in global capital markets: for the first time since at least 2000, no Indian company features among the top 10 constituents of the MSCI Emerging Markets Index by weight, marking a 26-year first that reflects a structural reshaping of the emerging market investment landscape by the global artificial intelligence boom. India&#8217;s two largest MSCI EM stocks, HDFC Bank and Reliance Industries, have slipped to 11th and 12th positions, pushed out by a tidal wave of capital flooding into AI and semiconductor stocks from Taiwan and South Korea that has made the MSCI Emerging Markets Index more concentrated and more technology-heavy than at any time in its history.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=india-msci-em-top10-exit\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#What_Is_the_MSCI_Emerging_Markets_Index_and_Why_Does_It_Matter\" title=\"What Is the MSCI Emerging Markets Index and Why Does It Matter?\">What Is the MSCI Emerging Markets Index and Why Does It Matter?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#How_India_Lost_Its_Spot_in_MSCI_Emerging_Markets_Top_10\" title=\"How India Lost Its Spot in MSCI Emerging Markets Top 10\">How India Lost Its Spot in MSCI Emerging Markets Top 10<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#The_AI_Boom_Created_an_Unprecedented_Concentration_in_MSCI_EM\" title=\"The AI Boom Created an Unprecedented Concentration in MSCI EM\">The AI Boom Created an Unprecedented Concentration in MSCI EM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#HDFC_Bank_and_RIL_Fell_Sharply_While_AI_Stocks_Surged\" title=\"HDFC Bank and RIL Fell Sharply While AI Stocks Surged\">HDFC Bank and RIL Fell Sharply While AI Stocks Surged<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Indias_Overall_MSCI_EM_Weight_Hits_a_6-Year_Low\" title=\"India&#8217;s Overall MSCI EM Weight Hits a 6-Year Low\">India&#8217;s Overall MSCI EM Weight Hits a 6-Year Low<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#FII_Outflows_Have_Compounded_the_Weight_Loss\" title=\"FII Outflows Have Compounded the Weight Loss\">FII Outflows Have Compounded the Weight Loss<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#What_the_MSCI_Emerging_Markets_Exit_from_Top_10_Means_for_Indian_Investors\" title=\"What the MSCI Emerging Markets Exit from Top 10 Means for Indian Investors\">What the MSCI Emerging Markets Exit from Top 10 Means for Indian Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Can_India_Return_to_the_MSCI_Emerging_Markets_Top_10\" title=\"Can India Return to the MSCI Emerging Markets Top 10?\">Can India Return to the MSCI Emerging Markets Top 10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#What_does_it_mean_that_no_Indian_company_is_in_MSCI_Emerging_Markets_top_10\" title=\"What does it mean that no Indian company is in MSCI Emerging Markets top 10?\">What does it mean that no Indian company is in MSCI Emerging Markets top 10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Why_did_India_fall_out_of_MSCI_Emerging_Markets_top_10\" title=\"Why did India fall out of MSCI Emerging Markets top 10?\">Why did India fall out of MSCI Emerging Markets top 10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#What_is_Indias_current_weight_in_MSCI_Emerging_Markets\" title=\"What is India&#8217;s current weight in MSCI Emerging Markets?\">What is India&#8217;s current weight in MSCI Emerging Markets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Which_stocks_now_dominate_the_MSCI_Emerging_Markets_top_10\" title=\"Which stocks now dominate the MSCI Emerging Markets top 10?\">Which stocks now dominate the MSCI Emerging Markets top 10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#How_does_MSCI_Emerging_Markets_top_10_exit_impact_FII_flows_to_India\" title=\"How does MSCI Emerging Markets top 10 exit impact FII flows to India?\">How does MSCI Emerging Markets top 10 exit impact FII flows to India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#Can_India_return_to_the_MSCI_Emerging_Markets_top_10\" title=\"Can India return to the MSCI Emerging Markets top 10?\">Can India return to the MSCI Emerging Markets top 10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#What_is_the_MSCI_Emerging_Markets_Index\" title=\"What is the MSCI Emerging Markets Index?\">What is the MSCI Emerging Markets Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/no-indian-firms-msci-emerging-markets-top-10\/#How_has_the_MSCI_Emerging_Markets_Index_performed_in_2026\" title=\"How has the MSCI Emerging Markets Index performed in 2026?\">How has the MSCI Emerging Markets Index performed in 2026?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_MSCI_Emerging_Markets_Index_and_Why_Does_It_Matter\"><\/span><strong>What Is the MSCI Emerging Markets Index and Why Does It Matter?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The MSCI Emerging Markets Index is one of the most widely tracked benchmarks in global investing, capturing large and mid-cap companies across emerging economies including India, China, Taiwan, South Korea, and Brazil. The index covers approximately 85% of the free float-adjusted market capitalisation in each country, has 1,205 constituents valued at $12.80 trillion, and serves as the benchmark for passive funds managing more than $700 billion globally. Every percentage point of weight in the MSCI Emerging Markets index represents approximately $7 billion in automatic passive capital, making weight changes a direct driver of FII flows into and out of a country&#8217;s equity market. India&#8217;s fall to a 6-year low of 10.87% weight means fewer dollars flowing in automatically from global passive funds.<\/p>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">MSCI EM Rank<\/th>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">Company<\/th>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">Country<\/th>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">Weight (%)<\/th>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">1-Year Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">1<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Taiwan Semiconductor (TSMC)<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Taiwan<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">14.20%+<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">+48% from peak<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">2<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Samsung Electronics<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">South Korea<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">7.78%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">+147% from peak<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">3<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">SK Hynix<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">South Korea<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">6.60%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">+194% from peak<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">4<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Tencent Holdings<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">China<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~5-6%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Positive YTD<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">5<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Alibaba Group<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">China<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~3-4%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Positive YTD<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">6<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Xiaomi Corp<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">China<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~1.2%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Strong YTD<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">7<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">PDD Holdings<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">China<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~1%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Positive<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">8<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">MediaTek<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Taiwan<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~1%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">AI-driven gains<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">9<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Hon Hai Precision<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Taiwan<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~1%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">AI supply chain<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">10<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">China Construction Bank<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">China<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~0.9%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Stable<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">11<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">HDFC Bank<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">India<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~0.8%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">-26% from peak<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">12<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Reliance Industries<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">India<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~0.8%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">-20% from peak<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">3 Stocks Building Serious Momentum Right Now<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> identify high-conviction stock opportunities, <em>investors pay attention.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has now shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends &amp; growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <a style=\"color: #3b7fff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\">Top Stock Picks<\/a> on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_India_Lost_Its_Spot_in_MSCI_Emerging_Markets_Top_10\"><\/span><strong>How India Lost Its Spot in MSCI Emerging Markets Top 10<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The exit of Indian companies from the MSCI Emerging Markets top 10 is the result of a simultaneous double squeeze: Indian large-caps have fallen sharply from their 2024 peaks, while AI-driven stocks have surged to unprecedented weights in the benchmark.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_AI_Boom_Created_an_Unprecedented_Concentration_in_MSCI_EM\"><\/span><strong>The AI Boom Created an Unprecedented Concentration in MSCI EM<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>TSMC now commands over 14.2% of the MSCI Emerging Markets Index, a level that Acadian Asset Management has flagged as the highest single-stock concentration in the benchmark&#8217;s 30-year history, surpassing even the peak concentration of Chinese mega-caps post-pandemic. Samsung Electronics holds 7.78% and SK Hynix 6.60%, meaning just three semiconductor companies account for nearly 29% of the entire MSCI Emerging Markets index. These stocks have surged 48%, 147%, and 194% respectively from their recent peaks, driven by insatiable demand for AI chips, HBM memory, and advanced node foundry capacity. Three companies, Samsung, SK Hynix, and US-based Micron, now control 90% of global DRAM output, giving them pricing power and earnings visibility that the market is willing to pay steep multiples for. Taiwan, South Korea, and China together now represent roughly 70% of the MSCI Emerging Markets benchmark, leaving just 30% for the remaining emerging markets including India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"HDFC_Bank_and_RIL_Fell_Sharply_While_AI_Stocks_Surged\"><\/span><strong>HDFC Bank and RIL Fell Sharply While AI Stocks Surged<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s two largest MSCI Emerging Markets constituents have been going in the opposite direction. HDFC Bank, India&#8217;s biggest private sector lender and formerly among the top 10 of the MSCI EM benchmark, is down approximately 26% from its peak amid NIM recovery delays, FII selling, and governance concerns. Reliance Industries has fallen approximately 20% from its highs. Both stocks held 7th and 8th positions in the MSCI Emerging Markets Index as recently as March 2026 but have now slipped to 11th and 12th, each carrying a sub-1% weight of approximately 0.8%. The asymmetry between the AI-linked gains abroad and India&#8217;s domestic correction is the core explanation for why no Indian firm features in the MSCI Emerging Markets top 10 for the first time in 26 years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Indias_Overall_MSCI_EM_Weight_Hits_a_6-Year_Low\"><\/span><strong>India&#8217;s Overall MSCI EM Weight Hits a 6-Year Low<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India&#8217;s weight in the MSCI Emerging Markets Index has declined to 10.87%, a fresh 6-year low that represents nearly half the record level the country approached in 2024, when India briefly became the largest country component of the MSCI EM Investable Market Index (IMI), surpassing China. As recently as late 2024, market participants celebrated India&#8217;s ascent in the MSCI Emerging Markets hierarchy. The sharp reversal over just 18 months shows how quickly capital allocation in global indices can shift when an AI-driven secular theme reshapes the relative attractiveness of entire country markets.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FII_Outflows_Have_Compounded_the_Weight_Loss\"><\/span><strong>FII Outflows Have Compounded the Weight Loss<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The MSCI Emerging Markets weight decline and FII outflows from India are feeding each other in a negative cycle. FIIs have sold Indian equities worth Rs 2,76,178 crore in 2026 alone, on top of Rs 1,66,286 crore of outflows in 2025. As Indian stocks fall, their MSCI EM weight declines, triggering further automatic passive selling as funds rebalance. This dynamic is particularly acute for HDFC Bank, where FII holding has already fallen from 49.2% in December 2024 to 44.05% by Q4 FY26. Abhilash Pagaria of Nuvama notes that India&#8217;s weight decline is &#8220;largely due to the relative outperformance of Taiwan, South Korea and China, which are benefiting from strong AI and technology-led rallies.&#8221;<\/p>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">Metric<\/th>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">Current (June 2026)<\/th>\n<th style=\"border: 1px solid #000000; padding: 8px 10px; text-align: left; background: #000000; color: #ffffff;\">Context<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">India MSCI EM Weight<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">10.87%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">6-year low; was ~20% in 2024<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">TSMC vs India Weight<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">TSMC ~14.2% &gt; India<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">TSMC surpassed India in Feb 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">India&#8217;s Top 2 in MSCI EM<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">HDFC Bank (11th), RIL (12th)<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Both sub-1% weight<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">MSCI EM Index Valuing<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">$12.80 trillion<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">1,205 constituents<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Passive AUM vs benchmark<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">$700 billion+<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Every 1% weight = ~$7bn inflows<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">FII Outflows from India 2026<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Rs 2,76,178 crore<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Plus Rs 1,66,286 Cr in 2025<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">MSCI EM return (Jan-May 2026)<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">25.61%<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">India lagged significantly<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">Top 3 AI stocks in MSCI EM<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">~29% of index<\/td>\n<td style=\"border: 1px solid #000000; padding: 8px 10px; background: #FFFFFF; color: #000000;\">TSMC + Samsung + SK Hynix<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track India&#8217;s Top MSCI EM Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_MSCI_Emerging_Markets_Exit_from_Top_10_Means_for_Indian_Investors\"><\/span><strong>What the MSCI Emerging Markets Exit from Top 10 Means for Indian Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The implications of India&#8217;s exit from the MSCI Emerging Markets top 10 are significant for domestic investors who rely on FII flows to support valuations:<\/p>\n<p>Every 1% of MSCI Emerging Markets weight represents approximately $7 billion in passive automatic inflows. India&#8217;s slide from approximately 20% weight at its 2024 peak to 10.87% today implies that roughly $63 billion in automatic passive capital has shifted away from Indian markets in proportion. While this is a gradual reallocation, not a single event, it means headwinds for Indian stocks at the aggregate level remain structural, not just cyclical.<\/p>\n<p>For Indian equity investors, the MSCI Emerging Markets composition shift reinforces why sectors with global AI linkages, such as semiconductor design, chip packaging, and advanced electronics manufacturing, have been attracting premium valuations globally while India&#8217;s banking and consumer sectors face a de-rating. The concentration risk in MSCI EM also means that any slowdown in AI capex from US hyperscalers could rapidly reverse the current trend, making India&#8217;s relative weight recovery possible.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Can_India_Return_to_the_MSCI_Emerging_Markets_Top_10\"><\/span><strong>Can India Return to the MSCI Emerging Markets Top 10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India&#8217;s return to the MSCI Emerging Markets top 10 requires either a recovery in Indian large-caps or a moderation in the AI-linked stocks that have displaced them, or both.<\/p>\n<p>On the Indian side, HDFC Bank&#8217;s NIM recovery above 3.8% and a resolution of its governance concerns would be the most powerful single catalyst. Reliance Industries&#8217;s new energy and retail businesses need to begin contributing meaningfully to earnings. A resumption of FII inflows after the West Asia conflict stabilises and global risk appetite recovers could also trigger re-weighting. Nifty&#8217;s FY27 earnings growth forecast of 16-17%, if delivered, would improve India&#8217;s relative earnings trajectory versus MSCI EM. MOFSL observes that while valuation corrections in India have been driven by price declines, AI-market re-ratings have been driven by earnings upgrades, a distinction investors should track carefully.<\/p>\n<p>On the global side, any softening of US hyperscaler AI capex guidance in H2 2026 would immediately hit TSMC, Samsung, and SK Hynix earnings estimates, compressing their MSCI EM weights and creating room for Indian stocks to recover their positions. Given that the top 10 constituents now represent roughly 35% of the entire MSCI Emerging Markets benchmark, concentration risk is at a 30-year high, and a rotation away from AI winners could be swift.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India&#8217;s absence from the MSCI Emerging Markets top 10 for the first time in 26 years is a structural milestone driven by the extraordinary concentration of AI-driven capital in semiconductor stocks from Taiwan and South Korea. HDFC Bank and Reliance Industries, which held 7th and 8th positions just three months ago, now sit at 11th and 12th with sub-1% weights. India&#8217;s overall MSCI Emerging Markets weight has hit a 6-year low of 10.87%, compounded by Rs 4.4 lakh crore in combined FII outflows over 2025 and 2026. The path back into the MSCI Emerging Markets top 10 runs through HDFC Bank&#8217;s NIM recovery, Reliance&#8217;s earnings acceleration, and a possible rotation away from AI-linked equities. Investors should track these metrics closely and consult a SEBI-registered financial advisor before making any allocation decisions.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track India&#8217;s top MSCI stocks live and access global market research on Univest.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><strong>Frequently Asked Questions (FAQs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_does_it_mean_that_no_Indian_company_is_in_MSCI_Emerging_Markets_top_10\"><\/span><strong>What does it mean that no Indian company is in MSCI Emerging Markets top 10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For the first time since at least 2000, no Indian company features among the top 10 constituents of the MSCI Emerging Markets Index by weight. HDFC Bank and Reliance Industries, which were in the top 10 until recently, have slipped to 11th and 12th positions. This matters because the index is a benchmark for passive funds managing over $700 billion, meaning a lower position reduces automatic inflows into Indian stocks from global passive capital.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_India_fall_out_of_MSCI_Emerging_Markets_top_10\"><\/span><strong>Why did India fall out of MSCI Emerging Markets top 10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> India fell out of MSCI Emerging Markets top 10 primarily due to the explosive rise of AI-linked semiconductor stocks, chiefly TSMC (up 48% from peak), Samsung Electronics (up 147%), and SK Hynix (up 194%). Meanwhile, India&#8217;s largest MSCI EM stocks, HDFC Bank and Reliance Industries, have fallen 26% and 20% respectively from their peaks. India&#8217;s overall MSCI EM weight has slipped to a 6-year low of 10.87%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Indias_current_weight_in_MSCI_Emerging_Markets\"><\/span><strong>What is India&#8217;s current weight in MSCI Emerging Markets?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> India&#8217;s weight in the MSCI Emerging Markets Index has slipped to approximately 10.87%, a fresh 6-year low. This is nearly half the record level India reached in 2024, when it briefly became the largest country component of the MSCI EM Investable Market Index (IMI), surpassing China. TSMC alone now commands over 14% weight in the MSCI EM Index, larger than all of India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_now_dominate_the_MSCI_Emerging_Markets_top_10\"><\/span><strong>Which stocks now dominate the MSCI Emerging Markets top 10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The MSCI Emerging Markets top 10 is now dominated by AI and semiconductor companies. TSMC leads with over 14% weight, followed by Samsung Electronics (7.78%), SK Hynix (6.60%), Tencent Holdings, Alibaba, Xiaomi, PDD Holdings, MediaTek, and Hon Hai Precision. Taiwan, South Korea, and China together account for roughly 70% of the MSCI EM Index.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MSCI_Emerging_Markets_top_10_exit_impact_FII_flows_to_India\"><\/span><strong>How does MSCI Emerging Markets top 10 exit impact FII flows to India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> India&#8217;s fall out of MSCI Emerging Markets top 10 reduces automatic passive capital inflows because fund managers benchmarked to the MSCI EM Index allocate less capital to India as its weight falls. FII outflows from India have already been severe, at Rs 2,76,178 crore in 2026 alone and Rs 1,66,286 crore in 2025. A lower MSCI EM weight can perpetuate this cycle as passive funds rebalance away from India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_India_return_to_the_MSCI_Emerging_Markets_top_10\"><\/span><strong>Can India return to the MSCI Emerging Markets top 10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> India can return to MSCI Emerging Markets top 10 if its large-cap stocks, chiefly HDFC Bank and Reliance Industries, recover and AI-linked stocks in Taiwan and Korea underperform. An NIM recovery at HDFC Bank, improved earnings visibility for Reliance, and a potential slowdown in global AI capex could narrow the gap. Nifty FY27 earnings growth of 16-17% would need to materialise to attract global capital back to Indian equities.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_MSCI_Emerging_Markets_Index\"><\/span><strong>What is the MSCI Emerging Markets Index?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The MSCI Emerging Markets Index captures large and mid-cap companies across emerging market economies including India, China, Taiwan, South Korea, and Brazil. It covers approximately 85% of the free float-adjusted market capitalisation in each country and has 1,205 constituents valued at $12.80 trillion. It is a benchmark for passive funds managing more than $700 billion and is also closely tracked by actively managed EM funds globally.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_the_MSCI_Emerging_Markets_Index_performed_in_2026\"><\/span><strong>How has the MSCI Emerging Markets Index performed in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The MSCI Emerging Markets Index has delivered strong returns driven by AI and semiconductor stocks. The index returned 25.61% in the first five months of 2026 and 33.57% in 2025. However, India has largely missed this rally, with the Nifty 50 significantly underperforming the MSCI EM benchmark over the same period due to FII selling and earnings growth concerns.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What does it mean that no Indian company is in MSCI Emerging Markets top 10?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For the first time since at least 2000, no Indian company features among the top 10 constituents of the MSCI Emerging Markets Index by weight. HDFC Bank and Reliance Industries, which were in the top 10 until recently, have slipped to 11th and 12th positions. This matters because the index is a benchmark for passive funds managing over $700 billion, meaning a lower position reduces automatic inflows into Indian stocks from global passive capital.\"}},{\"@type\":\"Question\",\"name\":\"Why did India fall out of MSCI Emerging Markets top 10?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"India fell out of MSCI Emerging Markets top 10 primarily due to the explosive rise of AI-linked semiconductor stocks, chiefly TSMC (up 48% from peak), Samsung Electronics (up 147%), and SK Hynix (up 194%). Meanwhile, India's largest MSCI EM stocks, HDFC Bank and Reliance Industries, have fallen 26% and 20% respectively from their peaks. India's overall MSCI EM weight has slipped to a 6-year low of 10.87%.\"}},{\"@type\":\"Question\",\"name\":\"What is India's current weight in MSCI Emerging Markets?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"India's weight in the MSCI Emerging Markets Index has slipped to approximately 10.87%, a fresh 6-year low. This is nearly half the record level India reached in 2024, when it briefly became the largest country component of the MSCI EM Investable Market Index (IMI), surpassing China. TSMC alone now commands over 14% weight in the MSCI EM Index, larger than all of India.\"}},{\"@type\":\"Question\",\"name\":\"Which stocks now dominate the MSCI Emerging Markets top 10?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The MSCI Emerging Markets top 10 is now dominated by AI and semiconductor companies. TSMC leads with over 14% weight, followed by Samsung Electronics (7.78%), SK Hynix (6.60%), Tencent Holdings, Alibaba, Xiaomi, PDD Holdings, MediaTek, and Hon Hai Precision. Taiwan, South Korea, and China together account for roughly 70% of the MSCI EM Index.\"}},{\"@type\":\"Question\",\"name\":\"How does MSCI Emerging Markets top 10 exit impact FII flows to India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"India's fall out of MSCI Emerging Markets top 10 reduces automatic passive capital inflows because fund managers benchmarked to the MSCI EM Index allocate less capital to India as its weight falls. FII outflows from India have already been severe, at Rs 2,76,178 crore in 2026 alone and Rs 1,66,286 crore in 2025. A lower MSCI EM weight can perpetuate this cycle as passive funds rebalance away from India.\"}},{\"@type\":\"Question\",\"name\":\"Can India return to the MSCI Emerging Markets top 10?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"India can return to MSCI Emerging Markets top 10 if its large-cap stocks, chiefly HDFC Bank and Reliance Industries, recover and AI-linked stocks in Taiwan and Korea underperform. An NIM recovery at HDFC Bank, improved earnings visibility for Reliance, and a potential slowdown in global AI capex could narrow the gap. Nifty FY27 earnings growth of 16-17% would need to materialise to attract global capital back to Indian equities.\"}},{\"@type\":\"Question\",\"name\":\"What is the MSCI Emerging Markets Index?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The MSCI Emerging Markets Index captures large and mid-cap companies across emerging market economies including India, China, Taiwan, South Korea, and Brazil. It covers approximately 85% of the free float-adjusted market capitalisation in each country and has 1,205 constituents valued at $12.80 trillion. It is a benchmark for passive funds managing more than $700 billion and is also closely tracked by actively managed EM funds globally.\"}},{\"@type\":\"Question\",\"name\":\"How has the MSCI Emerging Markets Index performed in 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The MSCI Emerging Markets Index has delivered strong returns driven by AI and semiconductor stocks. The index returned 25.61% in the first five months of 2026 and 33.57% in 2025. However, India has largely missed this rally, with the Nifty 50 significantly underperforming the MSCI EM benchmark over the same period due to FII selling and earnings growth concerns.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>No Indian company in MSCI Emerging Markets top 10 for first time since 2000. HDFC Bank drops to 11th, RIL to 12th. India&#8217;s EM weight hits 6-year low of 10.87%. TSMC alone commands 14.2%. Full analysis and what it means for Indian investors.<\/p>\n","protected":false},"author":34,"featured_media":111297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4477],"class_list":["post-111281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-msci-emerging"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1780994036:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["83"],"rank_math_title":["No Indian Firms in MSCI Emerging Markets Top 10 for First Time in 26 Years"],"rank_math_description":["No Indian company features in MSCI Emerging Markets top 10 for the first time since 2000. HDFC Bank and RIL slip to 11th and 12th. India's weight hits 6-year low of 10.87%."],"rank_math_focus_keyword":["MSCI Emerging Markets"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"_thumbnail_id":["111297"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["16483"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/06\/No-Indian-Firms-in-MSCI-Emerging-Markets.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/111281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=111281"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/111281\/revisions"}],"predecessor-version":[{"id":111298,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/111281\/revisions\/111298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/111297"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=111281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=111281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=111281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}