India's ESG assets worth $1.5 bn as of June, form 2% of APAC AUM

Country trails most other Asia-Pacific regions, as per Morgan Stanley report. But activity in ESG is rising, according to Morningstar. Sustainability funds up 80 per cent YoY in 2020-21

India's ESG assets under management (AUM) stood at about $1.5 billion and accounted for only 2 per cent of Asia-Pacific ESG funds AUM as of June 2021 (versus 10 per cent share of overall APAC AUM).

The number of sustainability funds in India accounts for only 2 per cent of the Asia-Pacific total and trails most of the other Asia-Pacific regions in 2021 year to date, according to a report by Morgan Stanley. That said, interest and activity in ESG is increasing, according to Morningstar data. Sustainability funds recorded an 80 per cent year-on-year jump in net flows in 2020-21.