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Do ESG funds justify the hype?

Do ESG funds justify the hype?

March 09, 2022 / 09:42 AM IST
Do ESG funds justify the hype?

The latest fad in the mutual fund industry are the Environment, Social responsibility, and corporate Governance (ESG) funds. The theme has picked up in the US and European countries and has had some success in India in terms of assets under management (AUM). Over the last two years, Rs 12,300 crore was collected by ESG funds in India. A total of 10 funds from various asset management companies (AMCs) are active in this space, with SBI Magnum Equity ESG Fund managing Rs 4,533 crore. Before talking about the...

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