Soon after becoming world’s fifth-largest economy, India has also become the fifth-biggest equity market. The Indian share market held firm in 2022 when Covid pandemic and the Ukraine war pulled down most Global equity markets and it’s share in global market cap reached an all-time high of 3.5 percent, rebounding from 2.05 percent in May 2020.
India’s strong economic growth is an encouraging sign for overseas investors as well as local mutual funds.