ESG Framework is an approach to investment where environmental, social & governance (ESG) factors, in combination with financial considerations; guide the selection of portfolio and management of investments.
It will be a Thematic ESG Fund, with large cap bias and benchmarking itself with Nifty ESG Index, the company said in a release.
**************** BSE's India INX launches segregated nominee account structure *
BSE-promoted India International Exchange (India INX) has announced the launch of the segregated nominee account structure with a view to further facilitate ease of market access for foreign investors in the International Financial Service Centre (IFSC) at Gujarat's Gift City.
Through this mechanism, foreign investors can become end-clients of eligible segregated nominee account providers for trading on the India INX products.
India INX's operating guidelines for the segregated nominee accounts structure adheres to the broad framework provided by the Sebi through its circular in May.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)