An Open-ended Equity Scheme invest in equity and equity related Securities based on ESG(Environmental, Social and Governance) crieteria.
Environmental factors include the contribution a company or government makes to climate change through greenhouse gas emissions, along with waste management and energy efficiency.
Social include human rights, labor standards in the supply chain, any exposure to illegal child labor, and more routine issues such as adherence to workplace health.
Governance refers to a set of rules or principles defining rights, responsibilities and expectations between different stakeholders in the governance of corporations. A well-defined corporate governance system can be used to balance or align interests between stakeholders and can work as a tool to support a company’s long-term strategy.
Source:-Robeco.Com
Lets Talk About the NFO Detials.
NFO Issue Open From:-04-Dec-2020
NFO Closing on:-18-Dec-2020
Min.Investment:-500/-
Fund Manager:-Satyabrata Mohanty
Exit Load:-1% if redeem within 90 days.
Benchmark:-NIFTY 100 ESG INDEX
Risk:-High
Invesment Objective:-The Scheme Seeks to generate Long term capital appreciation by investing predominantly in equity and equity related Securities based on ESG crieteria.
Performance of Listed ESG Funds:-
1.ICICI ESG FUND
Launch in Oct 2020 And give Returns. 7.39%till now
2.Axis ESG Fund
1 Month:-11.58%
Max.:-27.20%
3.Quantum ESG FUND
1 Month:-9.78%
1 Year:-18.92%
Max.:-18.02%>
Suitable for:-
- Investor want to invest for 5-7 years.
- High Risk Capability
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