ALL YOU WANTED TO KNOW ABOUT ESG FUNDS AND TOP 5 ESG FUNDS
What is ESG?
ESG has 3 factors namely Environmental,Social Responsibility and Corporate Governance.
Why ESG?
Global Warming, Climate Change, Melting Glaciers, Emission of harmful gases led to the evolution of responsible investing. Companies are now ranked on ESG score
Start of the ESG Theme
ESG or socially responsible investing began in 1960’s in US but ESG was developed in 2004.
Size of ESG Theme
Globally approx 25% or USD 40 trillion of assets have some kind of ESG theme in their investment process.
Top 5ESG Fundsin India
SBI Magnum Equity ESG Fund
AUM (in Rs crs) | 4,509No. of stocks in portfolio | 401 Year Returns | 5.67%3 Year Returns | 17.11%5 Year Returns | 12.44%
Axis ESG Equity Fund
AUM (in Rs crs) | 1,806No. of stocks in portfolio | 481 Year Returns | -5.62%3 Year Returns | NA5 Year Returns | NA
Kotak ESG Opportunities Fund
AUM (in Rs crs) | 1,452No. of stocks in portfolio | 421 Year Returns | -3.00%3 Year Returns | NA5 Year Returns | NA
ICICI Prudential ESG Fund
AUM (in Rs crs) | 1,412No. of stocks in portfolio | 491 Year Returns | -1.72%3 Year Returns | NA5 Year Returns | NA
Aditya Birla Sun Life ESG Fund
AUM (in Rs crs) | 1,004No. of stocks in portfolio | 401 Year Returns | -1.62%3 Year Returns | NA5 Year Returns | NA