February 4, 2023

There are 9 ESG-focused mutual fund schemes in India to date with collective belongings underneath administration value Rs 11,122 crore. Whereas they focus totally on large-cap firms, ESG funds maintain midcap and smallcap shares too

November 13, 2022 / 07:21 AM IST

Though investing in environmental, social, and governance (ESG) pleasant firms is fashionable overseas, the Indian mutual funds trade is slowly focussing on filtering out investments that meet these requirements. To make certain, ESG centered funds are nonetheless few in India. And whereas it gained recognition final yr on account of novelty, they haven’t been capable of make a lot of a distinction to date, by way of returns. But, conscientious buyers and establishments that consider in investing in ‘clear’ firms are hopeful that over time, ESG funds would turn out to be extra acceptable and their numbers develop. However the place do ESG funds put money into the primary place? There are 9 mutual fund schemes predominantly investing within the ESG centered theme and held an belongings underneath administration of Rs 11,122 crore. Whereas most of their portfolio holdings are dominated by large-cap shares, they held notable publicity within the midcap and small-cap firms too. Listed below are the highest mid-cap and small-cap held by the 9 ESG centered funds. Information as of October 2022. Supply: ACEMF.

Bosch Number of ESG funds that held the stock: 4 Current value: Rs 15 crore Number of other active equity schemes held the stock: 60

Bosch
Variety of ESG funds that held the inventory: 4
Present worth: Rs 15 crore
Variety of different lively fairness schemes that held the inventory: 60

Sona BLW Precision Forgings Number of ESG funds that held the stock: 4 Current value: Rs 120 crore Number of other active equity schemes held the stock: 96

Sona BLW Precision Forgings
Variety of ESG funds that held the inventory: 4
Present worth: Rs 120 crore
Variety of different lively fairness schemes that held the inventory: 96

ABB India Number of ESG funds that held the stock: 3 Current value: Rs 160 crore Number of other active equity schemes held the stock: 104

ABB India
Variety of ESG funds that held the inventory: 3
Present worth: Rs 160 crore
Variety of different lively fairness schemes that held the inventory: 104

L&T Technology Services Number of ESG funds that held the stock: 3 Current value: Rs 85 crore Number of other active equity schemes held the stock: 47

L&T Know-how Companies
Variety of ESG funds that held the inventory: 3
Present worth: Rs 85 crore
Variety of different lively fairness schemes that held the inventory: 47

Schaeffler India Number of ESG funds that held the stock: 3 Current value: Rs 60 crore Number of other active equity schemes held the stock: 80

Schaeffler India
Variety of ESG funds that held the inventory: 3
Present worth: Rs 60 crore
Variety of different lively fairness schemes that held the inventory: 80

Syngene International Number of ESG funds that held the stock: 3 Current value: Rs 23 crore Number of other active equity schemes held the stock: 32

Syngene Worldwide
Variety of ESG funds that held the inventory: 3
Present worth: Rs 23 crore
Variety of different lively fairness schemes that held the inventory: 32

TVS Motor Company Number of ESG funds that held the stock: 3 Current value: Rs 151 crore Number of other active equity schemes held the stock: 98

TVS Motor Firm
Variety of ESG funds that held the inventory: 3
Present worth: Rs 151 crore
Variety of different lively fairness schemes that held the inventory: 98

V-Mart Retail Number of ESG funds that held the stock: 3 Current value: Rs 33 crore Number of other active equity schemes held the stock: 39

V-Mart Retail
Variety of ESG funds that held the inventory: 3
Present worth: Rs 33 crore
Variety of different lively fairness schemes that held the inventory: 39

Abbott India Number of ESG funds that held the stock: 2 Current value: Rs 27 crore Number of other active equity schemes held the stock: 60

Abbott India
Variety of ESG funds that held the inventory: 2
Present worth: Rs 27 crore
Variety of different lively fairness schemes that held the inventory: 60

Bata India Number of ESG funds that held the stock: 2 Current value: Rs 38 crore Number of other active equity schemes held the stock: 75

Bata India
Variety of ESG funds that held the inventory: 2
Present worth: Rs 38 crore
Variety of different lively fairness schemes that held the inventory: 75

Crompton Greaves Consumer Electricals Number of ESG funds that held the stock: 2 Current value: Rs 22 crore Number of other active equity schemes held the stock: 123

Crompton Greaves Client Electricals
Variety of ESG funds that held the inventory: 2
Present worth: Rs 22 crore
Variety of different lively fairness schemes that held the inventory: 123

Dhuraivel Gunasekaran

See also  Personal Finance: Why chasing FIIs may not be prudent for retail investors