FTSE adds Lenskart, Meesho, Groww to global indices; passive inflows incoming June 22
FTSE Russell will include six India consumer-linked names — Lenskart, Meesho, Tata Capital, Groww, LG Electronics India and ICICI Pru AMC — in its All-World and All-Cap indices effective June 22, unlocking passive ETF demand and broadening institutional ownership of recently-listed retail and fintech plays.
What happened
FTSE Russell will add Lenskart, Meesho, Tata Capital, LG Electronics India, Groww and ICICI Pru AMC to its All-World and All-Cap indices effective June 22,
Key facts
- 6 stocks
- June 22
Why this matters
Inclusion of recently-listed peers like Lenskart and Groww validates the IPO-to-index pipeline and strengthens the case for accelerating our own listing timeline to capture similar passive demand.