Two of the largest surviving funds, Schroder International Selection Fund - BRIC and Templeton BRIC Fund, started in 2005.
Apple, maker of the iconic iPhone, has been sharpening its focus on the the world's largest democracy as it sees India "quickly becoming the fastest growing BRIC (Brazil, Russia, India and China) country".
India's successes have led to the country's becoming what political scientist and geopolitical expert Ian Bremmer recently referred to as "the last BRIC standing."
After increasing its exposure to US government securities for eight straight months, India has trimmed the holding of these instruments to USD 116.3 billion in July.
Every does not see the Fed hiking rates before the last quarter of this calendar.
Launching the Union Bank of India (UK), a subsidiary of the Union Bank of India, Jaitley on Friday said that since the new government came to power the economy has regained.
Micromax has become India's biggest smartphone vendor, replacing Korean electronics giant Samsung, research firm Canalys said today. In the recently concluded October-December 2014.
Globally, the European Central Bank (ECB) liquidity has resuted in investors taking a slightly more optimistic view, says Peter Hooper, managing director and chief economist, Deutsche Bank Securities
Trailing behind China in second place, India's Sensex finished up 29 percent in what has been a milestone year for the market that hit an-all time high in November.
Shivakumar also pointed out that global companies were increasingly shifting headquarters from the place of origin to the growing markets and the organisations were prioritising creative jobs and outsourcing the repetitive work.
Over the course of the past year, exchange-traded funds that tracked the BRIC nations (Brazil, Russia, India and China) have had roller coaster-type movements. Sometimes, that can provide occasions for opportunistic investment.
HSBC's composite emerging markets index of manufacturing and services purchasing managers' surveys slipped for the second month running to 51.4 in January. It stayed under the 2013 average of 51.7 and well below the score of 64.1 posted last January.
Many of these countries and others lumped together under separate acronyms have, at least until recently, enjoyed turbo-charged economic growth. But investment gains are not guaranteed and underperforming local stock markets have led fund managers to flee what had been fashionable groupings.
Clearly, the Philippines, South Korea and Thailand are now serious contenders for investor attention.
In its latest world outlook report, the IMF predicted emerging countries would average growth of 4.5 percent year-on-year in 2013, down from an estimate of 5.0 percent growth three months earlier. It also cut its outlook for emerging world growth in 2014, to 5.1 percent.
Have global investors been missing the emerging market right next door?
The UN's trade and development agency UNCTAD said in its annual survey of the global economy and the prospects for poorer nations that developing countries would grow 4.5 to 5 per cent in 2013 while the sputtering economies of the rich world would manage just one percent growth.
One way or another, the slowing growth story in countries like China, Brazil and India is turning out to be the Achilles heel of Europe's big corporations this reporting season - from banking to whisky to food and pharmaceuticals.
Emerging countries such as Brazil, Russia, India and China, often referred to as the BRICS, have dominated stock markets with stellar gains in the past decade, but their performance year-to-date has been miserable.
Economic sentiment survey, surveys around 11,000 global manufacturers and service providers, found that business optimism darkened in the first half of this year, dropping back to levels not seen in four years.
After a 14 percent decline in the MSCI emerging markets index this year, the index is trading on just 10 times forward earnings, below its 10-year average of 11 times and cheaper than the S&P 500 on 14 times, according to recent numbers from JPMorgan Asset Management.
Credit Suisse AMC's Robert Parker believes that emerging markets will have to wait till September to outperform, tough their downside risk has been reduced
Goldman Sachs says it has ended a recommendation to buy a basket of US stocks with the highest sales exposure to Brazil, Russia, India and China (BRIC) and instead prefers US firms with most exposure to the domestic market – just one more sign that sentiment towards emerging markets is fading fast.
Speaking to CNBC-TV18 on US market and emerging markets like India and China, Robert Doll of Nuveen Asset Management advises investors to be patient as the US economy will recover. He added that India and China were interesting bets.
According to Dilek Capanoglu, chief investment officer and manager, Global Emerging Markets (EMs) portfolio-Allianz Global, investors are turning a bit skeptical on BRIC (Brazil Russia India China) because of the recent underperformance of their markets.