MSCI India Selection Index

The MSCI India Selection Index is a free float-adjusted market capitalization-weighted index designed to represent the performance of companies that are selected from the MSCI India Index (“Parent Index”) based on Environmental, Social and Governance (ESG) criteria

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Index code	145848
Index type	Equity
Benchmark administrator	MSCI LIMITED
Div Yld (%)	1.27
P/E	24.62
P/E Fwd	20.15
P/BV	3.23

Number of constituents	51
Index Market Cap	$449.70 B
Largest constituent Market Cap	$70.56 B
Smallest constituent Market Cap	$1.50 B
Average constituent Market Cap	$8.81 B
Median constituent Market Cap	$4.37 B
Does this benchmark pursue ESG objectives?	Yes

Data as of Oct. 30, 2026

		Annualized std dev (%)²	Sharpe ratio^2,3	Maximum drawdown
MSCI India Selection Index	22.89	17.60	16.42	18.66	-0.06	-0.19	0.33	67.13	2008-01-14 - 2009-03-05
MSCI ACWI IMI Index	2.62	12.02	14.99	14.96	1.36	0.44	0.67	58.59	2007-10-31 - 2009-03-09

Ticker	Provider	Name	Product type	Index name	Currency
ZID CN	BMO	BMO MSCI India Selection Equity Index ETF	ETF	MSCI India Selection Index	CAD

ESG metrics

Summary

MSCI India Selection Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

100.0% coverage

MSCI ACWI IMI Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

94.3% coverage

MSCI India Selection Index	Score	Coverage
ESG Score	6.3	100.0%
UN Global Compact Violations % (*)	0.0%	100.0%
Red Flag ESG Controversies % (*)	0.0%	100.0%

MSCI ACWI IMI Index	Score	Coverage
ESG Score	6.7	89.8%
UN Global Compact Violations % (*)	0.1%	100.0%
Red Flag ESG Controversies % (*)	0.1%	100.0%

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

Data available as of Oct. 2026. The information was updated as part of the regular monthly update cycle. Data available as of Oct. 2026. The information was updated as part of the regular monthly update cycle.

MSCI ESG and climate ratings, research and data are produced by MSCI Solutions LLC, a subsidiary of MSCI Inc. MSCI Sustainability Indexes, Analytics, Real Assets, and Private Capital Solutions are products of MSCI Inc. that utilize information from MSCI Solutions LLC. MSCI Indexes are administered by MSCI Limited and MSCI Deutschland GmbH.

Consolidated environmental rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

MSCI India Selection Index	Score	Coverage
Environmental Pillar Score	5.5	100.0%
Aggregated Climate VaR %	-44.4%	--
Policy Risk Climate VaR %	-16.7%	100.0%
Technology Opportunities Climate VaR %	0.6%	70.6%
Physical Risk Climate VaR %	-12.4%	100.0%
Fossil Fuel-Based Sector Exposure (NACE) %	27.3%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	614.5	100.0%
Reported Emissions %	97.8%	--
Estimated Emissions %	2.2%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	2203.3	100.0%
High Climate Impact Sector Exposure %	64.6%	100.0%
Fossil Fuel Reserves % (*)	17.8%	100.0%
Green Revenue	2.8	100.0%
Green Capex %	0.5%	31.4%
Green Bonds % (**)	--	--

MSCI ACWI IMI Index	Score	Coverage
Environmental Pillar Score	5.7	89.8%
Aggregated Climate VaR %	-17.1%	--
Policy Risk Climate VaR %	-13.9%	96.3%
Technology Opportunities Climate VaR %	1.3%	63.8%
Physical Risk Climate VaR %	-4.7%	96.5%
Fossil Fuel-Based Sector Exposure (NACE) %	7.4%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	331.4	97.8%
Reported Emissions %	92.5%	--
Estimated Emissions %	7.4%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	1039.8	97.4%
High Climate Impact Sector Exposure %	62.9%	100.0%
Fossil Fuel Reserves % (*)	5.6%	99.1%
Green Revenue	9.3	99.9%
Green Capex %	0.4%	12.9%
Green Bonds % (**)	--	--

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

(**) The universe of self-labelled green bonds is sourced from Refinitiv and Climate Bonds Initiative. Bonds included in the MSCI Fixed Income Indexes that are not identified as selflabelled green bonds based on data from Refinitiv and Climate Bonds Initiative are deemed non-compliant with the green bond criteria as defined by the MSCI ESG Research Green Bond Assessment methodology. Such bonds are counted towards the Coverage %.

MSCI India Selection Index	Score	Coverage
Social Pillar Score	4.8	100.0%
Controversial Weapons %	0.0%	100.0%
Tobacco Involvement - Highly Restrictive %	0.0%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.0%	100.0%
Social Violations (Count)	0.0	100.0%
Social Violations (% of Constituents)	0.0%	100.0%
Lack of Due Diligence Policy (ILO) %	26.6%	100.0%
Gender Pay Gap	11.3	98.0%
Female:Male Board Diversity Ratio	32.6	100.0%
Total Recordable Injury Rate	0.2	78.4%
Bribery and Corruption Controversies (Sum)	1.0	100.0%

MSCI ACWI IMI Index	Score	Coverage
Social Pillar Score	4.9	89.8%
Controversial Weapons %	0.4%	99.9%
Tobacco Involvement - Highly Restrictive %	0.7%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.6%	99.9%
Social Violations (Count)	11.0	100.0%
Social Violations (% of Constituents)	0.1%	100.0%
Lack of Due Diligence Policy (ILO) %	22.7%	97.5%
Gender Pay Gap	14.0	83.8%
Female:Male Board Diversity Ratio	55.8	96.7%
Total Recordable Injury Rate	4.0	69.1%
Bribery and Corruption Controversies (Sum)	103.0	100.0%

MSCI India Selection Index	Score	Coverage
Governance Pillar Score	5.2	100.0%
Board Independence	56.8	100.0%
Board Gender Diversity	22.3	100.0%

MSCI ACWI IMI Index	Score	Coverage
Governance Pillar Score	5.8	89.8%
Board Independence	79.0	98.6%
Board Gender Diversity	33.8	98.6%

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MSCI India Selection Index

Score

Coverage

ESG Score

6.3

100.0%

UN Global Compact Violations % (*)

0.0%

100.0%

Red Flag ESG Controversies % (*)

0.0%

100.0%

MSCI ACWI IMI Index

Score

Coverage

ESG Score

6.7

89.8%

UN Global Compact Violations % (*)

0.1%

100.0%

Red Flag ESG Controversies % (*)

0.1%

100.0%

MSCI India Selection Index

Score

Coverage

Environmental Pillar Score

5.5

100.0%

Aggregated Climate VaR %

-44.4%

Policy Risk Climate VaR %

-16.7%

100.0%

Technology Opportunities Climate VaR %

0.6%

70.6%

Physical Risk Climate VaR %

-12.4%

100.0%

Fossil Fuel-Based Sector Exposure (NACE) %

27.3%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

614.5

100.0%

Reported Emissions %

97.8%

Estimated Emissions %

2.2%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

2203.3

100.0%

High Climate Impact Sector Exposure %

64.6%

100.0%

Fossil Fuel Reserves % (*)

17.8%

100.0%

Green Revenue

2.8

100.0%

Green Capex %

0.5%

31.4%

Green Bonds % (**)

MSCI ACWI IMI Index

Score

Coverage

Environmental Pillar Score

5.7

89.8%

Aggregated Climate VaR %

-17.1%

Policy Risk Climate VaR %

-13.9%

96.3%

Technology Opportunities Climate VaR %

1.3%

63.8%

Physical Risk Climate VaR %

-4.7%

96.5%

Fossil Fuel-Based Sector Exposure (NACE) %

7.4%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

331.4

97.8%

Reported Emissions %

92.5%

Estimated Emissions %

7.4%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

1039.8

97.4%

High Climate Impact Sector Exposure %

62.9%

100.0%

Fossil Fuel Reserves % (*)

5.6%

99.1%

Green Revenue

9.3

99.9%

Green Capex %

0.4%

12.9%

Green Bonds % (**)

RELIANCE INDUSTRIES	15.69%
INFOSYS	8.45%
AXIS BANK	6.56%
KOTAK MAHINDRA BANK	5.91%
MAHINDRA & MAHINDRA	5.79%
ETERNAL	3.84%
HINDUSTAN UNILEVER	3.08%
HCL TECHNOLOGIES	2.95%
HINDALCO INDUSTRIES	2.68%
ULTRATECH CEMENT	2.67%

		Annualized std dev (%)²			Sharpe ratio^2,3			Maximum drawdown
Index	Turnover(%)¹	3 YR	5 YR	10 YR	3 YR	5 YR	10 YR	%	Period YYYY-MM-DD
MSCI India Selection Index	22.89	17.60	16.42	18.66	-0.06	-0.19	0.33	67.13	2008-01-14 - 2009-03-05
MSCI ACWI IMI Index	2.62	12.02	14.99	14.96	1.36	0.44	0.67	58.59	2007-10-31 - 2009-03-09

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ESG metrics

Summary

MSCI India Selection Index

MSCI ACWI IMI Index

Consolidated environmental rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

Consolidated social rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

Consolidated governance rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

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ESG metrics

Summary

MSCI India Selection Index

MSCI ACWI IMI Index

Consolidated environmental rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

Consolidated social rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

Consolidated governance rating distribution

MSCI India Selection Index

MSCI ACWI IMI Index

Index risk and return characteristics

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