UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                   FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                         MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number        811-08238
                                   ---------------------------------------------

                   Morgan Stanley India Investment Fund, Inc.
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               (Exact name of registrant as specified in charter)
                                                               
 1221 Avenue of the Americas, New York, New York                10020
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     (Address of principal executive offices)                 (Zip code)

                                Amy Doberman Esq

                                Managing Director

                     Morgan Stanley Investment Advisors Inc.

                           1221 Avenue of the Americas

                            New York, New York 10020
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                     (Name and address of agent for service)

Registrant's telephone number, including area code: 800-869-6397
                                                   -----------------------------

Date of fiscal year end:    12/31
                        --------------------

Date of reporting period:     7/1/04 - 6/30/05
                         ------------------------




******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-08238                                                      
Reporting Period: 07/01/2004 - 06/30/2005                                       
Morgan Stanley Dean Witter India Investment Fund                                
                                                                                
                                                                                
                                                                                






========================= INDIA INVESTMENT FUND, INC. ==========================


ABB LTD. (ASEA BROWN BOVERI LTD)                                                

Ticker:                      Security ID:  INE117A01014                         
Meeting Date: MAY 24, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 7 Per Share      For       For        Management 
3     Reappoint D. Paliwal as Director          For       For        Management 
4     Reappoint N.S. Raghavan as Director       For       For        Management 
5     Approve S.R. Batliboi & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
6     Approve Transfer of Register of Members,  For       For        Management 
      Documents and Certificates to Share                                       
      Registrars                                                                


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ALOK INDUSTRIES LTD                                                             

Ticker:                      Security ID:  INE270A01011                         
Meeting Date: NOV 19, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of Shares for Private    For       For        Management 
      Placement                                                                 


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ALOK INDUSTRIES LTD                                                             

Ticker:                      Security ID:  INE270A01011                         
Meeting Date: SEP 30, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 1.00 Per Share   For       For        Management 
3     Reappoint A.G. Rajani as Director         For       For        Management 
4     Reappoint K.R. Modi as Director           For       For        Management 
5     Appoint Deloitte Haskins & SE as Auditors For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
6     Approve Reappointment and Remuneration of For       For        Management 
      C. Bubna, Executive Director                                              
7     Approve Increase in Borrowing Powers to   For       Against    Management 
      INR 30 Billion                                                            
8     Approve Pledging of Assets for Debt       For       Against    Management 


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AMTEK AUTO LTD                                                                  

Ticker:                      Security ID:  INE130C01021                         
Meeting Date: MAR 24, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of 4.8 Million Shares    For       For        Management 
      for Private Placement                                                     


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AMTEK AUTO LTD                                                                  

Ticker:                      Security ID:  INE130C01013                         
Meeting Date: SEP 10, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of Equity or             For       Against    Management 
      Equity-linked Securities without                                          
      Preemptive Rights up to an Aggregate                                      
      Amount of USD 60 Million                                                  
2     Approve 5-for-1 Stock Split               For       For        Management 
3     Approve Increase in Authorized Capital to For       For        Management 
      INR 700 Million                                                           
4     Amend Memorandum of Association Re:       For       For        Management 
      Increase Authorized Capital                                               
5     Amend Articles of Association Re:         For       For        Management 
      Increase in Authorized Capital                                            
6     Approve Increase in Limit on Foreign      For       For        Management 
      Shareholdings                                                             


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APOLLO TYRES LTD.                                                               

Ticker:                      Security ID:  INE438A01014                         
Meeting Date: JUL 19, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 4.5 Per Share    For       For        Management 
3     Reappoint N.N. Kampani as Director        For       For        Management 
4     Reappoint S.S. Shroff as Director         For       For        Management 
5     Approve Fraser & Ross as Auditors and     For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
6     Appoint J.M. Francois as Director         For       For        Management 
7     Appoint H.F. Richert as Director          For       For        Management 
8     Approve Appointment and Remuneration of   For       For        Management 
      S. Sarkar, Chairman and Managing Director                                 
9     Approve Appointment and Remuneration of   For       For        Management 
      N. Kanwar, Executive Director                                             
10    Approve Appointment and Remuneration of   For       For        Management 
      U.S. Oberoi, Executive Director                                           
11    Amend Articles of Association Re: Grant   For       Against    Management 
      of Affirmative Rights to Michelin Group                                   
12    Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    


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ASSOCIATED CEMENT COS., LTD.                                                    

Ticker:                      Security ID:  INE012A01025                         
Meeting Date: FEB 23, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Sale of Mancherial Cement Works   For       For        Management 


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ASSOCIATED CEMENT COS., LTD.                                                    

Ticker:                      Security ID:  INE012A01025                         
Meeting Date: JUL 9, 2004    Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 4 Per Share      For       For        Management 
3     Reappoint O.P. Dubey as Director          For       For        Management 
4     Reappoint S.M. Palia as Director          For       For        Management 
5     Reappoint C.S. Shroff as Director         For       For        Management 
6     Reappoint N. Chandra as Director          For       For        Management 
7     Reappoint R.K. Vashishtha as Director     For       For        Management 
8     Approve Remuneration of Executive         For       For        Management 
      Directors                                                                 
9     Amend Articles of Association             For       For        Management 
10    Approve Stock Option Plan                 For       For        Management 
11    Approve A.F. Ferguson & Co. and K.S.      For       For        Management 
      Aiyar & Co. as Joint Auditors and                                         
      Authorize Board to Fix Their Remuneration                                 


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AVENTIS PHARMA (FORMERLY HOECHST MARION ROUSSEL LTD.)                           

Ticker:                      Security ID:  INE058A01010                         
Meeting Date: JUN 22, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 16 Per Share     For       For        Management 
3     Elect S.R. Gupte as Director              For       For        Management 
4     Approve S.R. Batliboi & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
5     Authorize Board to Appoint Branch         For       For        Management 
      Auditors                                                                  
6     Appoint A. Peychaud as Director           For       For        Management 
7     Appoint J. Perez as Director              For       For        Management 
8     Approve Sitting Fees for Nonexecutive     For       For        Management 
      Directors                                                                 


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BALLARPUR INDUSTRIES LIMITED                                                    

Ticker:                      Security ID:  INE294A01011                         
Meeting Date: DEC 15, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends on Preference Shares    For       For        Management 
3     Approve Dividends of INR 2.5 Per Share    For       For        Management 
4     Reappoint R.R. Vederah as Director        For       For        Management 
5     Reappoint R.S. Tarneja as Director        For       For        Management 
6     Reappoint K.K. Nayyar as Director         For       For        Management 
7     Approve K.K. Mankeshwar & Co. as Auditors For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
8     Approve Reappointment and Remuneration of For       For        Management 
      G. Thapar, Managing Director                                              
9     Approve Remuneration of L.M. Thapar,      For       For        Management 
      Executive Director                                                        
10    Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    
11    Approve Increase in Limit on Foreign      For       For        Management 
      Shareholdings                                                             
12    Authorize Board to Appoint Auditors and   For       For        Management 
      to Fix Their Remuneration                                                 


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BALLARPUR INDUSTRIES LIMITED                                                    

Ticker:                      Security ID:  US0585883020                         
Meeting Date: DEC 15, 2004   Meeting Type: Annual                               
Record Date:  NOV 3, 2004                                                       

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     TO RECEIVE, CONSIDER AND ADOPT THE        For       For        Management 
      AUDITED PROFIT & LOSS ACCOUNT FOR THE                                     
      YEAR ENDED JUNE 30, 2004, BALANCE SHEET                                   
      AS ON THAT DATE AND THE DIRECTORS  AND                                    
      AUDITORS  REPORTS THEREON.                                                
2     TO NOTE AND CONFIRM THE INTERIM DIVIDEND  For       For        Management 
      PAID ON 10.5%, 11% AND 12% PREFERENCE                                     
      SHARES.                                                                   
3     TO DECLARE DIVIDEND ON THE EQUITY SHARES  For       For        Management 
      OF THE COMPANY.                                                           
4     TO APPOINT A DIRECTOR IN PLACE OF MR. R R For       For        Management 
      VEDERAH WHO RETIRES BY ROTATION AND IS                                    
      ELIGIBLE FOR RE-APPOINTMENT.                                              
5     TO APPOINT A DIRECTOR IN PLACE OF DR. RAM For       For        Management 
      S. TARNEJA WHO RETIRES BY ROTATION AND IS                                 
      ELIGIBLE FOR RE-APPOINTMENT                                               
6     TO APPOINT A DIRECTOR IN PLACE OF VICE    For       For        Management 
      ADMIRAL (RETD.) K K NAYYAR WHO RETIRES BY                                 
      ROTATION AND IS ELIGIBLE FOR                                              
      RE-APPOINTMENT.                                                           
7     Ratify Auditors                           For       For        Management 
8     SPECIAL RESOLUTION: TO CONSIDER AND       For       For        Management 
      THOUGHT FIT, TO PASS THE FOLLOWING                                        
      RESOLUTION WITH OR WITHOUT                                                
      MODIFICATION(S) AS AN ORDINARY                                            
      RESOLUTION: RE-APPOINTMENT OF MR. GAUTAM                                  
      THAPAR AS VICE CHAIRMAN AND MANAGING                                      
      DIRECTOR OF THE COMPANY FOR A PERIOD OF 5                                 
      YEARS                                                                     


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BHARAT HEAVY ELECTRICALS LTD.                                                   

Ticker:                      Security ID:  INE257A01018                         
Meeting Date: SEP 28, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 6 Per Share      For       For        Management 
3     Reappoint H.W. Bhatnagar as Director      For       For        Management 
4     Reappoint C. Srinivasan as Director       For       For        Management 
5     Reappoint S. Upasani as Director          For       For        Management 
6     Approve J.C. Bhalla & Co. as Auditors and For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
7     Appoint R. Rai as Director                For       For        Management 
8     Appoint S.K. Jain as Director             For       For        Management 
9     Appoint A.H. Jung as Director             For       For        Management 
10    Appoint S.S. Supe as Director             For       For        Management 
11    Appoint R. Pant as Director               For       For        Management 
12    Appoint V. Nayyar as Director             For       For        Management 
13    Appoint A.K. Puri as Director             For       For        Management 
14    Appoint N. Chaturvedi as Director         For       For        Management 
15    Appoint D.R.S. Chaudhary as Director      For       For        Management 
16    Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    


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BHARAT PETROLEUM CORPORATION LTD.                                               

Ticker:                      Security ID:  INE029A01011                         
Meeting Date: AUG 30, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 11.50 Per Share  For       For        Management 
3     Reappoint A. Sinha as Director            For       For        Management 
4     Reappoint S. Radhakrishnan as Director    For       For        Management 
5     Reappoint M. Rohatgi as Director          For       For        Management 
6     Authorize Board to Fix Remuneration of    For       For        Management 
      Auditors                                                                  
7     Appoint A.K. Srivastava as Director       For       For        Management 
8     Appoint V.D. Gupta as Director            For       For        Management 
9     Appoint P.C. Sen as Director              For       For        Management 
10    Appoint A.H. Kalro as Director            For       For        Management 


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CIPLA LIMITED                                                                   

Ticker:                      Security ID:  INE059A01026                         
Meeting Date: SEP 7, 2004    Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 3 Per Share      For       For        Management 
3     Reappoint R. Shroff as Director           For       For        Management 
4     Reappoint H.R. Manchanda as Director      For       For        Management 
5     Approve R.S. Bharucha & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              


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CONTAINER CORP. OF INDIA                                                        

Ticker:                      Security ID:  INE111A01017                         
Meeting Date: SEP 20, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 12.50 Per Share  For       For        Management 
3     Reappoint A.K. Kohli as Director          For       For        Management 
4     Reappoint R.K. Narang as Director         For       For        Management 
5     Reappoint P.S. Sarma as Director          For       For        Management 
6     Appoint S.N. Dhawan & Co. as Auditors and For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
7     Appoint P. Bhatnagar as Director          For       For        Management 
8     Appoint A.N. Pai as Director              For       For        Management 


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CUMMINS INDIA LTD (FRM.KIRLOSKAR CUMMINS LTD.)                                  

Ticker:                      Security ID:  INE298A01020                         
Meeting Date: JUL 29, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Final Dividend of INR 2 Per Share For       For        Management 
3     Reappoint R. Bakshi as Director           For       For        Management 
4     Reappoint N. Munjee as Director           For       For        Management 
5     Reappoint S.M. Chapman as Director        For       For        Management 
6     Approve Price Waterhouse as Auditors and  For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
7     Appoint J. Wall as Director               For       For        Management 
8     Appoint A.J. Talaulicar as Joint Managing For       For        Management 
      Director                                                                  
9     Approve Remuneration of A.J. Talaulicar,  For       For        Management 
      Managing Director                                                         
10    Appoint V. Dasari as Joint Managing       For       For        Management 
      Director                                                                  
11    Approve Remuneration of V. Dasari, Joint  For       For        Management 
      Managing Director                                                         


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DABUR INDIA LTD.                                                                

Ticker:                      Security ID:  INE016A01026                         
Meeting Date: JUL 6, 2004    Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       Did Not    Management 
      Reports                                             Vote                  
2     Approve Dividends of INR 2 Per Share      For       Did Not    Management 
                                                          Vote                  
3     Reappoint A. Bahl as Director             For       Did Not    Management 
                                                          Vote                  
4     Reappoint P.N. Vijay as Director          For       Did Not    Management 
                                                          Vote                  
5     Reappoint A. Burman as Director           For       Did Not    Management 
                                                          Vote                  
6     Reappoint P. Burman as Director           For       Did Not    Management 
                                                          Vote                  
7     Approve G. Basu & Co. as Auditors and     For       Did Not    Management 
      Authorize Board to Fix Their Remuneration           Vote                  
8     Approve Bansal & Company as Branch        For       Did Not    Management 
      Auditors and Authorize Board to Fix Their           Vote                  
      Remuneration                                                              
9     Approve Waring & Partners as Branch       For       Did Not    Management 
      Auditors and Authorize Board to Fix Their           Vote                  
      Remuneration                                                              
10    Approve Transfer of Certificates,         For       Did Not    Management 
      Documents, and List of Shareholders to              Vote                  
      the Registrar and Share Transfer Agent of                                 
      the Company                                                               


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DREDGING CORPORATION OF INDIA LTD                                               

Ticker:                      Security ID:  INE506A01018                         
Meeting Date: SEP 24, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 12.00 Per Share  For       For        Management 
3     Reappoint A.K. Dhar as Director           For       For        Management 
4     Reappoint C.V. Dikshith as Director       For       For        Management 
5     Reappoint S. Kathiroli as Director        For       For        Management 
6     Authorize Board to Fix Remuneration of    For       For        Management 
      Auditors                                                                  


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GAMMON INDIA LTD                                                                

Ticker:                      Security ID:  INE259B01020                         
Meeting Date: JUN 28, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 0.5 Per Share    For       For        Management 
3     Reappoint P. Gammon as Director           For       For        Management 
4     Reappoint W.P. Harriman as Director       For       For        Management 
5     Reappoint R.A. Bhansali as Director       For       For        Management 
6     Approve Natvarlal Vepari & Co. as         For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
7     Appoint K. Shroff as Director             For       For        Management 
8     Approve Appointment and Remuneration of   For       For        Management 
      H. Parikh, Executive Director                                             
9     Approve Remuneration of A. Rajan,         For       For        Management 
      Managing Director                                                         
10    Approve Remuneration of R.A. Bhansali,    For       For        Management 
      Executive Director                                                        
11    Approve Transfer of Register of Members,  For       For        Management 
      Documents and Certificates to Share                                       
      Registrars                                                                
12    Approve Corporate Guarantees              For       Against    Management 


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GLAXOSMITHKLINE PHARMACEUTICALS LTD. (FRMRLY. GLAXO LTD)                        

Ticker:                      Security ID:  INE159A01016                         
Meeting Date: APR 25, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Authorize Repurchase of Up to 25 Percent  For       For        Management 
      of Issued Share Capital                                                   


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GLAXOSMITHKLINE PHARMACEUTICALS LTD. (FRMRLY. GLAXO LTD)                        

Ticker:                      Security ID:  INE159A01016                         
Meeting Date: MAR 30, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 24 Per Share     For       For        Management 
3     Reappoint R.R. Bajaaj as Director         For       For        Management 
4     Reappoint A.S. Lakshmanan as Director     For       For        Management 
5     Reappoint V. Narayanan as Director        For       For        Management 
6     Approve Price Waterhouse & Co. as         For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
7     Approve Sitting Fees for Non-Executive    For       For        Management 
      Directors                                                                 


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GRASIM INDUSTRIES LTD.                                                          

Ticker:       GRSJY          Security ID:  INE047A01013                         
Meeting Date: JUL 17, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 14 Per Share     For       For        Management 
3     Reappoint K.M. Birla as Director          For       For        Management 
4     Reappoint M.L. Apte as Director           For       For        Management 
5     Reappoint C. Shroff as Director           For       For        Management 
6     Appoint Y.P. Gupta as Director            For       For        Management 
7A    Approve G.P. Kapadia & Co. and Lodha &    For       For        Management 
      Co. as Joint Auditors and Authorize Board                                 
      to Fix Their Remuneration                                                 
7B    Approve Lodha & Co. as Branch Auditors    For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
7C    Approve Vidyarthi & Sons as Branch        For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
8     Approve Reappointment and Remuneration of For       For        Management 
      S.K. Jain, Executive Director                                             
9     Approve Commission Remuneration of        For       For        Management 
      Directors                                                                 


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GUJARAT AMBUJA CEMENTS LTD.                                                     

Ticker:                      Security ID:  INE079A01016                         
Meeting Date: MAY 26, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve 5-for-1 Stock Split               For       For        Management 
2     Authorize Capitalization of Reserves for  For       For        Management 
      Bonus Issue                                                               


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HCL TECHNOLOGIES LTD                                                            

Ticker:                      Security ID:  INE860A01027                         
Meeting Date: DEC 17, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Reappoint S. Nadar as Director            For       For        Management 
3     Reappoint S. Raman as Director            For       For        Management 
4     Reappoint R. Abrams as Director           For       For        Management 
5     Approve Price Waterhouse as Auditors and  For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
6     Approve Final Dividend of INR 8 Per Share For       For        Management 
7     Approve Reappointment and Remuneration of For       For        Management 
      S. Nadar, Managing Director                                               
8     Approve Remuneration of Non-executive     For       For        Management 
      Directors                                                                 
9     Approve Stock Option Plan Grants          For       Against    Management 
10    Approve Stock Option Plan Grants for      For       Against    Management 
      Subsidiaries                                                              


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HCL TECHNOLOGIES LTD                                                            

Ticker:                      Security ID:  INE860A01027                         
Meeting Date: DEC 21, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of 19.4 Million Shares   For       Did Not    Management 
      to Deutsche Bank AG                                 Vote                  


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HDFC BANK LIMITED                                                               

Ticker:                      Security ID:  INE040A01018                         
Meeting Date: JUN 17, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 4.5 Per Share    For       For        Management 
3     Reappoint V. Jain as Director             For       For        Management 
4     Reappoint A. Pande as Director            For       For        Management 
5     Approve Vacancy on the Board of Directors For       For        Management 
      Resulting from Retirement of A. Ahuja                                     
6     Approve P.C. Hansotia & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
7     Appoint A. Samanta as Director            For       For        Management 
8     Approve Sitting Fees for Directors        For       For        Management 
9     Approve Employee Stock Option Scheme      For       For        Management 


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HDFC BANK LIMITED                                                               

Ticker:                      Security ID:  INE040A01018                         
Meeting Date: NOV 30, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of Equity or             For       For        Management 
      Equity-Linked Securities without                                          
      Preemptive Rights                                                         


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HERO HONDA MOTORS LTD.                                                          

Ticker:                      Security ID:  INE158A01026                         
Meeting Date: AUG 17, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Final Dividends of INR 10 Per     For       For        Management 
      Share and Confirm Interim Dividends of                                    
      INR 10 Per Share                                                          
3     Reappoint S. Toshida as Director          For       For        Management 
4     Reappoint S. Munjal as Director           For       For        Management 
5     Approve Retirement of O.P. Gupta          For       For        Management 
6     Approve Retirement of M.P. Wadhawan       For       For        Management 
7     Approve A.F. Ferguson & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
8     Approve Transfer of Certificates,         For       For        Management 
      Documents, and List of Shareholders to                                    
      the Registrars and Share Transfer Agents                                  
      of the Company                                                            
9     Amend Articles Re: Editorial Changes      For       For        Management 


--------------------------------------------------------------------------------

HINDALCO INDUSTRIES LTD                                                         

Ticker:                      Security ID:  INE038A01012                         
Meeting Date: JUL 31, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 16.5 Per Share   For       For        Management 
3     Reappoint K.M. Birla as Director          For       For        Management 
4     Reappoint A.K. Agarwala as Director       For       For        Management 
5     Reappoint E.B. Desai as Director          For       For        Management 
6     Approve Singhi & Company as Auditors and  For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
7     Approve Lodha & Co. as Branch Auditors    For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
8     Approve Remuneration of A.K. Agarwala,    For       For        Management 
      Executive Director                                                        
9     Approve Appointment and Remuneration of   For       For        Management 
      D. Bhattacharya, Managing Director                                        
10    Approve Commission Remuneration of        For       For        Management 
      Directors                                                                 


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HINDALCO INDUSTRIES LTD                                                         

Ticker:                      Security ID:  INE038A01012                         
Meeting Date: NOV 16, 2004   Meeting Type: Court                                
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Scheme of Arrangement             For       For        Management 


--------------------------------------------------------------------------------

HINDUSTAN LEVER LTD.                                                            

Ticker:                      Security ID:  INE030A01027                         
Meeting Date: DEC 24, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Spin-Off of Soap Manufacturing    For       Against    Management 
      Division                                                                  
2     Approve Spin-Off of Functionalized        For       Against    Management 
      Biopolymers Division                                                      


--------------------------------------------------------------------------------

HINDUSTAN LEVER LTD.                                                            

Ticker:                      Security ID:  INE030A01027                         
Meeting Date: JUN 24, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 5 Per Share      For       For        Management 
3     Elect Directors                           For       For        Management 
4     Approve Lovelock & Lewes as Auditors and  For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
5     Amend Articles of Association Re: Size of For       For        Management 
      Board of Directors                                                        
6     Approve Commission Remuneration of        For       For        Management 
      Nonexecutive Directors                                                    
7     Issue Shares in Connection with an        For       For        Management 
      Acquisition                                                               
8     Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    
9     Appoint H. Manwani as Director            For       For        Management 


--------------------------------------------------------------------------------

HINDUSTAN LEVER LTD.                                                            

Ticker:                      Security ID:  INE030A01027                         
Meeting Date: MAY 12, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Sale of Tea Plantation in Assam   For       For        Management 
2     Approve Sale of Tea Plantation in Tamil   For       For        Management 
      Nadu                                                                      


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HOTEL LEELA VENTURE LTD                                                         

Ticker:                      Security ID:  INE102A01016                         
Meeting Date: FEB 26, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of 10.5 Million Shares   For       For        Management 
      Towards Private Placement                                                 
2     Authorize Issuance of Bonds/Debentures up For       Against    Management 
      to $60 Million                                                            
3     Approve Increase in Authorized Capital to For       For        Management 
      INR 1.8 Billion and Amend Capital Clause                                  
      in the Memorandum of Association                                          
4     Approve Increase in Borrowing Powers to   For       Against    Management 
      INR 15 Billion                                                            
5a    Amend Articles of Association RE:         For       For        Management 
      Investment by India Development Fund                                      
5b    Amend Articles of Association RE: Waiving For       For        Management 
      Rights to Receive Dividends                                               


--------------------------------------------------------------------------------

HOUSING DEVELOPMENT FINANCE CORP. LTD.                                          

Ticker:                      Security ID:  INE001A01028                         
Meeting Date: JUL 19, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 13.5 Per Share   For       For        Management 
3     Reappoint K. Mahindra as Director         For       For        Management 
4     Reappoint D.M. Sukthankar as Director     For       For        Management 
5     Reappoint N.M. Munjee as Director         For       For        Management 
6     Reappoint D.M. Satwalekar as Director     For       For        Management 
7     Approve S.B. Billimoria & Company as      For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
8     Approve Pannell Kerr Forster as Branch    For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
9     Approve Commission Remuneration of        For       For        Management 
      Directors                                                                 
10    Approve Increase in Borrowing Powers up   For       For        Management 
      to INR 50 Billion                                                         
11    Approve Issuance of Equity or             For       Against    Management 
      Equity-Linked Securities without                                          
      Preemptive Rights                                                         


--------------------------------------------------------------------------------

I-FLEX SOLUTIONS LTD                                                            

Ticker:                      Security ID:  INE881D01027                         
Meeting Date: AUG 19, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 3.5 Per Share    For       For        Management 
3     Reappoint J.P. Kennedy II as Director     For       For        Management 
4     Approve S.R. Batliboi & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
5     Appoint T. Vakil as Director              For       For        Management 
6     Approve Issuance of Warrants to IBM       For       For        Management 
      Global Services India Private Ltd. for                                    
      Private Placement                                                         


--------------------------------------------------------------------------------

INDIAN OIL CORPORATION                                                          

Ticker:                      Security ID:  INE242A01010                         
Meeting Date: SEP 8, 2004    Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Final Dividend of INR 16 Per      For       For        Management 
      Share                                                                     
3     Reappoint R.S. Sharma as Director         For       For        Management 
4     Reappoint P. Sugavanam as Director        For       For        Management 
5     Reappoint Vineet Nayyar as Director       For       For        Management 
6     Reappoint S.K. Barua as Director          For       For        Management 
7     Reappoint A.M. Uplenchwar as Director     For       For        Management 


--------------------------------------------------------------------------------

INDUSTRIAL DEVELOPMENT BANK OF INDIA                                            

Ticker:                      Security ID:  INE008A01015                         
Meeting Date: FEB 23, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements               For       For        Management 
2     Accept Directors' Report                  For       For        Management 
3     Accept Auditors' Report                   For       For        Management 
4     Approve Dividends of INR 1.5 Per Share    For       For        Management 
5     Approve Scheme of Amalgamation with IDBI  For       For        Management 
      Bank Ltd                                                                  
6     Amend Memorandum of Association RE:       For       For        Management 
      Corporate Purpose                                                         
7     Approve Employee Stock Option Plan        For       Against    Management 


--------------------------------------------------------------------------------

INDUSTRIAL DEVELOPMENT BANK OF INDIA                                            

Ticker:                      Security ID:  INE008A01015                         
Meeting Date: FEB 28, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Amend Memorandum of Association RE:       For       For        Management 
      Corporate Purpose                                                         


--------------------------------------------------------------------------------

INFOSYS TECHNOLOGIES LTD                                                        

Ticker:                      Security ID:  INE009A01021                         
Meeting Date: DEC 18, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of 16 Million American   For       For        Management 
      Depository Shares                                                         


--------------------------------------------------------------------------------

INFOSYS TECHNOLOGIES LTD                                                        

Ticker:                      Security ID:  INE009A01021                         
Meeting Date: JUN 11, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 6.5 Per Share    For       For        Management 
3     Reappoint N.R.N. Murthy as Director       For       For        Management 
4     Reappoint N.M. Nilekani as Director       For       For        Management 
5     Reappoint K. Dinesh as Director           For       For        Management 
6     Reappoint C. Smadja as Director           For       For        Management 
7     Approve Vacancy on the Board of Directors For       For        Management 
      Resulting from Retirement of P. Yeo                                       
8     Approve BSR & Co. as Auditors and         For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
9     Approve Reappointment and Remuneration of For       For        Management 
      T.V.M. Pai, Executive Director                                            
10    Approve Reappointment and Remuneration of For       For        Management 
      S. Batni, Executive Director                                              
11    Approve Transfer of Register of Members,  For       For        Management 
      Documents and Certificates to Share                                       
      Registrars                                                                


--------------------------------------------------------------------------------

ITC LTD.                                                                        

Ticker:                      Security ID:  INE154A01017                         
Meeting Date: DEC 15, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Amend Memorandum of Association Re:       For       For        Management 
      Change in Corporate Purpose                                               
2     Amend Corporate Purpose                   For       For        Management 


--------------------------------------------------------------------------------

ITC LTD.                                                                        

Ticker:                      Security ID:  INE154A01017                         
Meeting Date: NOV 19, 2004   Meeting Type: Court                                
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Scheme of Amalgamation with Ansal For       For        Management 
      Hotels Ltd.                                                               


--------------------------------------------------------------------------------

MAHANAGAR TELEPHONE NIGAM LTD                                                   

Ticker:       MHTNY          Security ID:  INE153A01019                         
Meeting Date: SEP 29, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 4.50 Per Share   For       For        Management 
3a    Reappoint J. Shettigar as Director        For       For        Management 
3b    Reappoint A.S. Vyas as Director           For       For        Management 
3c    Reappoint A.C. Padhi as Director          For       For        Management 
4     Appoint V.K. Verma & Co. as Auditors and  For       For        Management 
      Authorize Board to Fix Their Remuneration                                 


--------------------------------------------------------------------------------

MAHINDRA & MAHINDRA                                                             

Ticker:                      Security ID:  INE101A01018                         
Meeting Date: JUL 28, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 9 Per Share      For       For        Management 
3     Reappoint R.K. Pitamber as Director       For       For        Management 
4     Reappoint A.S. Ganguly as Director        For       For        Management 
5     Reappoint R.K. Kulkami as Director        For       For        Management 
6     Reappoint A. Puri as Director             For       For        Management 
7     Reappoint A.E. Durante as Director        For       For        Management 
8     Approve A.F. Ferguson & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
9     Approve Issuance of Shares Pursuant to    For       Against    Management 
      the Employee Stock Option Trust                                           


--------------------------------------------------------------------------------

MARICO INDUSTRIES LTD.                                                          

Ticker:                      Security ID:  INE196A01018                         
Meeting Date: APR 6, 2005    Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Change Company Name to Marico Limited     For       For        Management 


--------------------------------------------------------------------------------

MATRIX LABORATORIES (FRMLY. HERREN DRUGS & PHARMA. LTD)                         

Ticker:                      Security ID:  INE604D01015                         
Meeting Date: DEC 16, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 11 Per Share     For       For        Management 
3     Reappoint N. Prasad as Director           For       For        Management 
4     Reappoint C. Satyanarayana as Director    For       For        Management 
5     Approve Deloitte Haskins & Sells as       For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
6     Appoint P. Bhatia as Director             For       For        Management 
7     Appoint F.E. Cohen as Director            For       For        Management 
8     Appoint S. Iswaran as Director            For       For        Management 
9     Appoint M. Wooldridge as Director         For       For        Management 
10    Approve Remuneration of N. Prasad,        For       For        Management 
      Executive Director                                                        
11    Approve Remuneration of C. Satyanarayana, For       For        Management 
      Executive Director                                                        
12    Approve Commission Remuneration of        For       For        Management 
      Non-Executive Directors                                                   
13    Approve Increase in Authorized Capital to For       For        Management 
      INR 400 Million                                                           
14    Approve 5-For-1 Stock Split               For       For        Management 
15    Authorize Capitalization of Reserves for  For       For        Management 
      Bonus Issue                                                               
16    Approve Employee Stock Option Plan 2004   For       Against    Management 


--------------------------------------------------------------------------------

MATRIX LABORATORIES (FRMLY. HERREN DRUGS & PHARMA. LTD)                         

Ticker:                      Security ID:  INE604D01015                         
Meeting Date: JUL 23, 2004   Meeting Type: Court                                
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Scheme of Arrangement             For       For        Management 


--------------------------------------------------------------------------------

MATRIX LABORATORIES (FRMLY. HERREN DRUGS & PHARMA. LTD)                         

Ticker:                      Security ID:  INE604D01015                         
Meeting Date: NOV 30, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Amend Memorandum of Association Re:       For       For        Management 
      Change in Corporate Purpose                                               
2     Issue Shares in Connection with an        For       For        Management 
      Acquisition                                                               


--------------------------------------------------------------------------------

MOTOR INDUSTRIES CO. LTD.                                                       

Ticker:                      Security ID:  INE323A01026                         
Meeting Date: JUN 15, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 10 Per Share     For       For        Management 
3     Reappoint H. Zimmerer, J.J. Irani, and B. For       Against    Management 
      Bohr as Directors                                                         
4     Approve Price Waterhouse & Co. as         For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
5     Approve Commission Remuneration of        For       For        Management 
      Directors                                                                 


--------------------------------------------------------------------------------

MPHASIS BFL LTD.                                                                

Ticker:                      Security ID:  INE356A01018                         
Meeting Date: JUL 30, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 1.50 Per Share   For       For        Management 
3     Reappoint J. Tas as Director              For       For        Management 
4     Reappoint R. Bhasin as Director           For       For        Management 
5     Approve Bharat S. Raut & Co. as Auditors  For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
6     Appoint N.H. Mirza as Director            For       For        Management 
7     Appoint D.S. Brar as Director             For       For        Management 
8     Approve Commission Remuneration of        For       For        Management 
      Non-executive Directors                                                   


--------------------------------------------------------------------------------

NATIONAL THERMAL POWER CORP.                                                    

Ticker:                      Security ID:  INE733E01010                         
Meeting Date: MAY 23, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Amend Articles of Association Re: Change  For       For        Management 
      in Corporate Purpose                                                      


--------------------------------------------------------------------------------

OIL & NATURAL GAS CORPORATION LTD.                                              

Ticker:                      Security ID:  INE213A01011                         
Meeting Date: SEP 29, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 24 Per Share     For       For        Management 
3     Reappoint U. Sundararajan as Director     For       For        Management 
4     Reappoint R.V. Shah as Director           For       For        Management 
5     Reappoint M.M. Chitale as Director        For       For        Management 
6     Reappoint Y.B. Sinha as Director          For       For        Management 
7     Reappoint A.K. Balyan as Director         For       For        Management 
8     Authorize Board to Fix Remuneration of    For       For        Management 
      Auditors                                                                  
9     Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    
10    Amend Articles of Association             For       Against    Management 
11    Approve Transfer of Register of Members,  For       For        Management 
      Documents and Certificates to Share                                       
      Registrars                                                                


--------------------------------------------------------------------------------

PUNJAB NATIONAL BANK                                                            

Ticker:                      Security ID:  INE160A01014                         
Meeting Date: JUL 3, 2004    Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    


--------------------------------------------------------------------------------

PUNJAB NATIONAL BANK                                                            

Ticker:                      Security ID:  INE160A01014                         
Meeting Date: OCT 11, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of up to 50 Million      For       For        Management 
      Shares without Preemptive Rights                                          


--------------------------------------------------------------------------------

PUNJAB TRACTORS                                                                 

Ticker:                      Security ID:  INE170A01013                         
Meeting Date: SEP 30, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 4.50 Per Share   For       For        Management 
3     Reappoint B.K. Batra as Director          For       For        Management 
4     Appoint S. Tandon & Associates as         For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
5     Appoint D. Peck as Director               For       For        Management 
6     Appoint S. Enderby as Director            For       For        Management 
7     Approve Reappointment and Remuneration of For       For        Management 
      Y. Mahajan, Managing Director                                             
8     Approve Appointment and Remuneration of   For       For        Management 
      A.M. Sawhney, Executive Director                                          
9     Approve Reappointment and Remuneration of For       For        Management 
      P. Sivaram, Executive Director                                            
10    Appoint Y.P. Gupta as Director            For       For        Management 
11    Appoint G.R. Summan as Director           For       For        Management 


--------------------------------------------------------------------------------

SHANTHA BIOTECHNICS                                                             

Ticker:                      Security ID:  INE696501126                         
Meeting Date: SEP 30, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       Did Not    Management 
      Reports                                             Vote                  
2     Approve Dividends                         For       Did Not    Management 
                                                          Vote                  
3     Reappoint S.M. Kota as Director           For       Did Not    Management 
                                                          Vote                  
4     Reappoint K.R. Reddy T. as Director       For       Did Not    Management 
                                                          Vote                  
5     Reappoint J.B. Reddy & Co. as Auditors    For       Did Not    Management 
      and Authorize Board to Fix Their                    Vote                  
      Remuneration                                                              
6     Approve Reappointment and Remuneration of For       Did Not    Management 
      K.I.V. Reddy, Managing Director                     Vote                  
7     Approve Reappointment and Remuneration of For       Did Not    Management 
      S.K. Ahmed, Executive Director                      Vote                  
8     Approve Increase in Borrowing Powers to   For       Did Not    Management 
      INR 1 Billion                                       Vote                  
9     Approve Pledging of Assets for Debt       For       Did Not    Management 
                                                          Vote                  


--------------------------------------------------------------------------------

SIEMENS (INDIA) LTD.                                                            

Ticker:                      Security ID:  INE003A01016                         
Meeting Date: APR 25, 2005   Meeting Type: Court                                
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Scheme of Amalgamation of Siemens For       For        Management 
      VDO Automotive Ltd with Siemens Ltd                                       


--------------------------------------------------------------------------------

SIEMENS (INDIA) LTD.                                                            

Ticker:                      Security ID:  INE003A01016                         
Meeting Date: JAN 27, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Interim Dividend Which Was Paid   For       For        Management 
      on Aug. 22, 2004                                                          
3     Approve Final Dividend                    For       For        Management 
4     Reelect D.C. Shroff as a Director         For       For        Management 
5     Reelect Y.H. Malegam as a Director        For       For        Management 
6     Reelect A.B. Nadkarni as a Director       For       For        Management 
7     Approve BSR & Co. as Auditors and         For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
8     Approve Appointment Remuneration of J.    For       For        Management 
      Schubert, as Managing Director                                            
9     Approve Re-imbursement of Children's      For       For        Management 
      Education Expenses to H. Gelis, Executive                                 
      Director                                                                  
10    Approve Payment of Commission to Non      For       For        Management 
      Executive Directors                                                       
11    Change Place of Keeping of Register &     For       For        Management 
      Index of Members                                                          


--------------------------------------------------------------------------------

STATE BANK OF INDIA                                                             

Ticker:       SBKIY          Security ID:  INE062A01012                         
Meeting Date: AUG 31, 2004   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Appoint A.G. Piramal, I.G. Patel, and     For       Did Not    Management 
      N.V. Rao as Directors                               Vote                  


--------------------------------------------------------------------------------

STATE BANK OF INDIA                                                             

Ticker:       SBKIY          Security ID:  INE062A01012                         
Meeting Date: JUL 9, 2004    Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   


--------------------------------------------------------------------------------

STATE BANK OF INDIA                                                             

Ticker:       SBKIY          Security ID:  INE062A01012                         
Meeting Date: JUN 30, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   


--------------------------------------------------------------------------------

STEEL AUTHORITY INDIA                                                           

Ticker:       SAUIY          Security ID:  INE114A01011                         
Meeting Date: SEP 28, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Reappoint S.K. Bhattacharyya as Director  For       For        Management 
3     Reappoint S.N. Mishra as Director         For       For        Management 
4     Reappoint S. Mishra as Director           For       For        Management 
5     Authorize Board to Fix Remuneration of    For       For        Management 
      Auditors                                                                  
6     Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    
7     Appoint U.P. Singh as Director            For       For        Management 
8     Appoint S.K. Roongta as Director          For       For        Management 
9     Appoint R.P. Singh as Director            For       For        Management 
10    Appoint G.C. Daga as Director             For       For        Management 
11    Appoint K.K. Khanna as Director           For       For        Management 


--------------------------------------------------------------------------------

SUN PHARMACEUTICAL INDUS. LTD.                                                  

Ticker:                      Security ID:  INE044A01028                         
Meeting Date: APR 4, 2005    Meeting Type: Court                                
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Merger with Phlox Pharmaceuticals For       For        Management 
      Ltd.                                                                      


--------------------------------------------------------------------------------

SUN PHARMACEUTICAL INDUS. LTD.                                                  

Ticker:                      Security ID:  INE044A01028                         
Meeting Date: DEC 30, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 3.25 Per Share   For       For        Management 
3     Reappoint S.M. Dadha as Director          For       For        Management 
4     Reappoint S.V. Valia as Director          For       For        Management 
5     Approve Deloitte Haskins & Sells as       For       For        Management 
      Auditors and Authorize Board to Fix Their                                 
      Remuneration                                                              
6     Approve Reclassification of Authorized    For       For        Management 
      Share Capital                                                             
7     Amend Articles of Association Re:         For       For        Management 
      Reclassification of Authorized Share                                      
      Capital                                                                   
8     Approve Voluntary Delisting of Company    For       For        Management 
      Shares                                                                    


--------------------------------------------------------------------------------

SUN PHARMACEUTICAL INDUS. LTD.                                                  

Ticker:                      Security ID:  INE044A01028                         
Meeting Date: FEB 8, 2005    Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Deloitte Haskins & Sells as       For       For        Management 
      Statutory Auditors and Authorize Board to                                 
      Fix Their Remuneration                                                    


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SUN PHARMACEUTICAL INDUS. LTD.                                                  

Ticker:                      Security ID:  INE044A01028                         
Meeting Date: JUL 31, 2004   Meeting Type: Extraordinary Shareholders           
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Merger Agreement with Phlox       For       Against    Management 
      Pharmaceuticals Ltd.                                                      
2     Issue Shares in Connection with Merger    For       Against    Management 


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TATA IRON STEEL COMPANY                                                         

Ticker:                      Security ID:  INE081A01012                         
Meeting Date: JUL 22, 2004   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Approve Dividends of INR 10 Per Share     For       For        Management 
3     Reappoint K. Mahindra as Director         For       For        Management 
4     Reappoint N.N. Wadia as Director          For       For        Management 
5     Reappoint T. Mukherjee as Director        For       For        Management 
6     Reappoint A.N. Singh as Director          For       For        Management 
7     Approve Remuneration of B. Mutharaman,    For       For        Management 
      Managing Director                                                         
8     Approve Remuneration of T. Mukherjee,     For       For        Management 
      Deputy Managing Director                                                  
9     Approve Remuneration of A.N. Singh,       For       For        Management 
      Deputy Managing Director                                                  
10    Approve Increase in Authorized Capital to For       For        Management 
      INR 8.5 Billion                                                           
11    Amend Articles of Association Re:         For       For        Management 
      Increase in Authorized Capital                                            
12    Authorize Capitalization of Reserves for  For       For        Management 
      Bonus Issue                                                               
13    Approve A.F. Ferguson & Co. as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              
14    Approve Loke Lum & Partners as Auditors   For       For        Management 
      and Authorize Board to Fix Their                                          
      Remuneration                                                              


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TATA IRON STEEL COMPANY                                                         

Ticker:                      Security ID:  INE081A01012                         
Meeting Date: MAR 24, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Issuance of Equity or             For       For        Management 
      Equity-Linked Securities without                                          
      Preemptive Rights up to INR 50 Billion                                    
2     Approve Increase in Borrowing Powers to   For       For        Management 
      INR 105 Billion                                                           
3     Approve Pledging of Assets for Debt       For       For        Management 


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UTI BANK LTD                                                                    

Ticker:                      Security ID:  INE238A01026                         
Meeting Date: FEB 18, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Adopt New Articles of Association to      For       For        Management 
      Reflect Share Subscription Agreements                                     
2     Approve Issuance of up to 46.6 Million    For       For        Management 
      Global Depositary Shares without                                          
      Preemptive Rights                                                         
3     Approve Reappointment and Remuneration of For       For        Management 
      P.J. Nayak, Managing Director                                             
4     Approve Appointment and Remuneration of   For       For        Management 
      S. Chatterjee, Executive Director                                         


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UTI BANK LTD                                                                    

Ticker:                      Security ID:  INE238A01026                         
Meeting Date: JUN 1, 2005    Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Amend Corporate Purpose                   For       For        Management 


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UTI BANK LTD                                                                    

Ticker:                      Security ID:  INE238A01026                         
Meeting Date: JUN 10, 2005   Meeting Type: Annual                               
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Accept Financial Statements and Statutory For       For        Management 
      Reports                                                                   
2     Reappoint S. Singh as Director            For       For        Management 
3     Reappoint N.C. Singhal as Director        For       For        Management 
4     Approve Dividends of INR 2.8 Per Share    For       For        Management 
5     Approve BSR & Co. as Auditors and         For       For        Management 
      Authorize Board to Fix Their Remuneration                                 
6     Appoint R.H. Patil as Director            For       For        Management 
7     Appoint R. Bijapurkar as Director         For       For        Management 
8     Appoint R.B.L. Vaish as Director          For       For        Management 
9     Appoint S. Chatterjee as Director         For       For        Management 
10    Approve Remuneration of P.J. Nayak,       For       For        Management 
      Managing Director                                                         
11    Approve Remuneration of S. Chatterjee,    For       For        Management 
      Executive Director                                                        
12    Amend Corporate Purpose                   For       For        Management 
13    Amend Memorandum of Association RE:       For       For        Management 
      Corporate Purpose                                                         
14    Amend Employees Stock Option Plan         For       For        Management 


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WELSPUN INDIA LTD. (FORMERLY WELSPUN POLYESTERS INDIA)                          

Ticker:                      Security ID:  INE192B01023                         
Meeting Date: JAN 31, 2005   Meeting Type: Court                                
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1     Approve Scheme of Amalgamation Between    For       For        Management 
      Glofame Cotspin Industries Ltd. and                                       
      Welsplun India Ltd.                                                       


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WELSPUN INDIA LTD. (FORMERLY WELSPUN POLYESTERS INDIA)                          

Ticker:                      Security ID:  INE192B01023                         
Meeting Date: MAR 20, 2005   Meeting Type: Special                              
Record Date:                                                                    

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor    
1a    Approve Issuance of 9.1 Million Shares    For       For        Management 
      for Private Placement to Dunearn                                          
      Investments (Mauritius) Pte. Ltd                                          
1b    Approve Issuance of 1.7 Million Warrants  For       For        Management 
      for Private Placement to Dunearn                                          
      Investments (Mauritius) Pte. Ltd and Two                                  
      Million Warrants to Welspun Mercantile                                    
      Ltd, Welspun Wintex Ltd, and Welspun                                      
      Trading Ltd                                                               
2     Amend Articles of Association RE:         For       For        Management 
      Provisions Pertaining to Private                                          
      Placement Issuance                                                        

========== END NPX REPORT






                                   SIGNATURES

     Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant):   Morgan Stanley India Investment Fund, Inc.
             -------------------------------------------------------------------

By  (Signature and Title):
             
                                         /s/ Ronald E. Robison

                             Principal Executive Officer - Office of the Funds
                           -----------------------------------------------------



Date   August 25, 2005
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