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

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.