Money Guru: What Is ESG Scheme Of Mutual Funds, Benefits, How To Invest? Decoded
Zee Business Video Team | Updated: January 23, 2023 08:15 PM IST
ESG funds are mutual funds that invest in companies with strong environmental, social, and governance (ESG) practices. Fund managers are focusing on ESG related companies. ESG funds are expected to give good returns with low volatility. Cost of capital is cheaper for ESG compliant companies. ESG companies are expected to have better profitability in the long term: Rachit Chawla, CEO, Finway.