Kotak Mahindra AMC to launch ESG fund, offer open between Nov 20-Dec 4

Kotak Mahindra Asset Management Company announced the launch of ‘Kotak ESG Opportunities Fund’, which will focus on Environmental, Social and Governance (ESG) factors and the Principles for Responsible Investing (PRI). The new fund offering (NFO) opens for subscription on November 20 and closes on December 4. 

The asset manager will use Sustainalytics ESG Risk Ratings – a leading global provider of ESG research, ratings and data - to support its Kotak ESG Opportunities Fund.

To assess ESG performance of an investee company, Kotak ESG Opportunities Fund will broadly look at policies, practices and disclosures of each ESG pillar. For environmental performance, it