MSCI India review may add LIC and Meesho, says JM Financial
In short
JM Financial expects the November 2026 MSCI India Standard Index review could add LIC and Meesho. It also expects Oracle Financial Services Software and Siemens Energy India may be removed.
The estimate points to about $1.4 billion in passive inflows if the changes happen. MSCI has not made the final decision yet, based on the available reporting.
What the reporting says
JM Financial expects the November 2026 MSCI India Standard Index review could add LIC and Meesho and remove Oracle Financial Services Software and Siemens Energy India. The note says the changes may bring about $1.4 billion in net passive inflows. Final MSCI decisions were not stated in the available reporting and remain pending.
Why it matters
A JM Financial note says the November 2026 MSCI India Standard Index review could include LIC and Meesho and exclude Oracle Financial Services Software and Siemens Energy India. The note estimates net passive inflows of about $1.4 billion if those changes occur. The final index decision is still pending, so the market impact remains uncertain until MSCI announces its review outcome.