1 year ago

What are ESG Funds? An Investor's Guide

What are ESG Funds? An Investor's Guide
What are ESG funds and why should investors invest in them? An explainer · livemint.com

ESG funds are like special investment pots that only invest in companies that are good for the planet, treat people well, and are run responsibly.

These funds aim to invest in companies that do not have the same goal as investors, and that is to increase profit.

Some people believe in these funds because they think it's good to support ethical companies.

But others think that the main goal of investing is to make money.

There are different ESG funds in India, like ABSL, Axis, ICICI Prudential, Kotak, Quant, SBI, and WhiteOak Capital.

Key facts

ESG Funds Focus
Environment, Social, and Governance
Investment Goal
Support Ethical Companies
ABSL ESG AUM
₹652.99 crore
Axis ESG AUM
₹1,272 crore
ICICI Prudential ESG AUM
₹1,5488 crore
SBI ESG AUM
₹5,830 crore
WhiteOak Capital ESG AUM
₹67 crore

Sources

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