Mutual fund houses seem to be fascinated by the concept of ESG, short for environment, social and governance. After ESG schemes from Quantum Mutual Fund and SBI Mutual Fund, it is the turn of Kotak Mutual Fund and ICICI Prudential Mutual Fund. Both the fund houses have filed documents with Sebi for their ESG products. Do these funds offer anything special?
Simply put, ESG investing includes building a portfolio of companies that meet high environmental, social and governance standards. ..
