News From Press Sustainable mutual funds see outflows in FY22 as new launches dry up

Sustainable mutual funds see outflows in FY22 as new launches dry up

Source: FE Apr 23, 2022

Sustainable mutual funds or schemes based on the theme of environment, social and corporate governance (ESG) saw outflows of ₹315 crore during financial year 2021-22 compared with inflows of ₹4,884 crore in the previous year, according to Morningstar India.

Driven by increased investor interest in ESG issues, sustainable funds have gained a lot of traction in India over the last one year.

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1 Comment

DEBRAJ SENGUPTA · 2 years ago `

As the name suggests Sustainable theme ( ESG) has caught the fancy of lot many investors especially Millennials when many such schemes were launched in last couple of years. As initial euphoria of investing in new theme/story dies down alongwith market correction people are fast loosing interest. Many of first time investor with Go-to-Marker attitude failed to understand that Sustainable is not only for the scheme but also for sustainability of Investor behaviour was necessary for successful investing into these schemes.

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