Change in names of four ESG funds
ESG mutual funds invest in the stocks of companies that are environmentally and socially responsible and follow corporate governance.
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ESG mutual funds invest in the stocks of companies that are environmentally and socially responsible and follow corporate governance.
The Securities and Exchange Board of India (SEBI) Circular No. SEBI/HO/IMD/IMD-I –PoD1/P/CIR/2023/125 has introduced a new category of Mutual Fund schemes for Environmental, Social, and Governance ...
Capital markets regulator to introduce separate sub-category for ESG investments under the thematic category of equity schemes
Presently, mutual funds are permitted to launch only one ESG scheme under the thematic category for equity schemes.
Under the current regulatory requirements, mutual funds are permitted to launch only one scheme with ESG investing under the thematic category for equity schemes.