The Rise of ESG Funds in India

Reflecting on the World Environment Day that just went by, let us delve into the remarkable growth of Environmental, Social, and Governance (ESG) funds in India, a testament to the increasing focus on sustainable investing. These funds not only seek financial returns but also prioritize investments in companies that demonstrate environmental responsibility, social consciousness, and strong governance practices.

ESG funds have gained significant momentum as investors recognize the importance of aligning their investments with ethical and sustainable principles. The surge in ESG fund offerings by asset management companies in India reflects the growing concern for climate change, sustainable development, and a desire to support companies making positive contributions to society and the environment.

Investors are now realizing that financial growth can be achieved hand in hand with environmental and social responsibility. ESG funds offer an avenue to contribute to positive change while seeking potential financial returns. This paradigm shift in investor mindset has attracted a diverse range of investors, including institutions, high-net-worth individuals, and retail investors, all united in their commitment to both financial prosperity and a sustainable future.

The data offers an overview of various ESG funds in India and their performance since inception. The ESG funds have displayed a range of performance outcomes across different time horizons. Aditya Birla Sun Life ESG Fund and ICICI Prudential ESG Fund had positive returns over the past year, while Axis ESG Equity Fund, Quantum India ESG Equity Fund, and SBI Magnum Equity ESG Fund delivered positive returns over 3-year and 5-year periods. It is important to note that while some funds have shorter track records, others like SBI Magnum Equity ESG Fund have a long history since their launch in 1991, providing investors with a more extensive performance track record.

The data also provides the insights into their current valuation (Net Asset Values). Investors can analyze these values and compare them to their historical performance to make informed investment decisions. Such insights help you to understand how the funds have been performing since their inception and guide you to choose the fund that is right for you.

To navigate the complex landscape of the mutual fund industry and stay informed about emerging trends like the growth of ESG funds, MFI360 Research offers an invaluable solution. With reliable research, data-driven reports, and in-depth insights, MFI360 Research empowers investors to make informed decisions aligned with their sustainability goals. Stay ahead of the curve and explore the world of mutual funds with MFI360 Research. Visit https://bit.ly/MFI360Research today!