♦ India has become the sixth largest market in the MSCI All Country World Investable Market Index (ACWI IMI), surpassing China and narrowly behind France. The global index tracks capital market performance across the world. 

♦ The index includes large- and mid-cap stocks and is a more inclusive version of the widely tracked MSCI ACWI Index.

♦ India’s weight in the MSCI ACWI IMI stood at 2.35 percent in August, 11 basis points higher than China’s 2.24 percent. India trails France marginally, by just three basis points. 

♦ China's weight has fallen by half since peaking in early 2021, while India’s weight has more than doubled during this period.

Top 10 countries in the MSCI ACWI Index:

1. USA: 63.23%, Japan: 5.73%, UK: 3.51%, Canada: 2.83%, France: 2.38%, India: 2.35%, China: 2.24%, Switzerland: 2.14%, Taiwan: 2%, Germany: 1.9%.