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Net inflows into sustainable funds plummet 98% in June quarter
Net inflows into sustainable funds plummet 98% in June quarter
Source: Mint Jul 20, 2021
Indian funds based on environmental, social, and governance (ESG) investing philosophy garnered a mere ₹26 crore during the June quarter as incremental flows into existing funds remained muted, according to a report by Morningstar India.
In comparison, such funds witnessed net inflows of ₹1,200 crore in the March quarter and ₹3,750 crore in the December quarter of 2020.
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