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Domestic mutual funds join the ESG bandwagon, but it's still early days

Currently, ESG funds have AUM of around Rs 10,500 crore

Topics
Mutual Funds | ESG funds | Indian stock markets

Chirag Madia 



Companies, company, firms, investment, investors, growth, funds, tax, profit, loss, decision, board
On an average ESG funds have given returns of around 58.5 per cent in the past year compared to the Sensex’s 55.4 per cent

Environmental, social, and governance (ESG) investing is in vogue globally. India also is making slow but steady progress on this front. Since October 2020, domestic MFs have launched six ESG-oriented schemes. Such schemes recorded inflows of over Rs 3,700 crore during the second half of 2020-21.

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First Published: Sun, May 09 2021. 20:35 IST

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