ESG funds ✅The asset size of ESG funds has ballooned nearly five times to Rs 12,300 crore over the last couple of years. ✅Environment, social responsibility, and corporate governance have of late emerged as key themes for investors in India. ✅The demand and growth for ESG funds in Asia, especially in India, has been overwhelming, it is 32%. ● What are ESG Funds? ✅They are used synonymously with sustainable and socially responsible investing. ✅While selecting a stock for investment, an ESG fund shortlists companies that score high on environment, social responsibility, and corporate governance, and then looks at financial factors. ✅With the overall increase in awareness, and with regulations moving in this direction, investors are re-evaluating traditional approaches and considering the impact of their decisions on the planet. ✅The key difference between the ESG funds and other funds is 'conscience ' i.e the ESG fund focuses on companies with environment-friendly practices, ethi...
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