Mutual funds contribute to environment sustainability on behalf of ESG investors

ICICI Prudential Mutua Fund and Kotak Mahindra AMC have decided to take the cause of ESG further on behalf of their investors. ICICI Prudential Mutual Fund has contributed to plant over 50,000 saplings, equivalent to the number of investors that opted for investing into ICICI Prudential ESG Fund during the New Fund Offer period. Kotak Mahindra AMC, on 12th January, 2021, became a signatory to Climate Action 100+. In April 2018, KMAMC became the first domestic asset management company to sign up with the PRI (Principles for Responsible Investment) which is supported by the United Nations.

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