News From Press Why fund managers are wary of new ESG categories

Why fund managers are wary of new ESG categories

Source: Mint Aug 11, 2023

The market regulator, Securities and Exchange Board of India (Sebi), is fast opening up investment avenues. Last month, it issued a circular permitting mutual funds to launch six new categories under the ESG (environmental, social, and governance) theme. The move is aimed at streamlining ESG investing but fund managers have raised several concerns.

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