By bno – Chennai Office India has overtaken China to become the largest emerging market in the MSCI All Country World Investable Market Index (ACWI IMI), marking a significant shift in the global investment landscape. As of the end of August, India’s weight in the index reached 2.35%, edging ahead of China at 2.24%, and placing India just behind France, which holds a marginal 0.03% lead. This development highlights India’s growing importance in global capital markets, despite passive inflows from exchange-traded funds (ETFs) that track the index remaining relatively modest, with assets under $…