India ESG funds AUM expands 4 times to Rs11,800 cr in two years1 min read 21 Aug 2021, 05:21 PM IST
The Nifty ESG Index has outperformed benchmark Nifty (in the past one year), signifying rising attractiveness of ESG- themed funds. This bodes well for launches of ESG-theme-based funds in the country that boost AUMs under such funds
MUMBAI: Rising awareness among investors has led to a whopping surge in assets under management (AUM) of domestic sustainable or environment social and governance (ESG) funds. Over the past couple of years, not only has the value of AUM risen, but also the number of ESG funds in India, said Edelweiss Securities.
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