Fund Radar: ESG funds: Hot or cold?

ESG (Environmental, Social and Governance) investing has gained traction in India in recent years, thanks to climate and social awareness, global investment trends and a multi-pronged government push. Currently, 11 ESG funds exist in India, while one was launched very recently, which excludes them from our analysis. Since ESG funds have been around for a while with net assets worth over Rs 10,000 crore, we wanted to put them through the paces to check their suitability for investing. ESG vs Large-cap funds ESG funds heavily tilt towards large-cap stocks and hav