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​Will your multi cap scheme become ESG fund? If so, what should you do?

​Will your multi cap scheme become ESG fund? If so, what should you do?
​Will your multi cap scheme become ESG fund? If so, what should you do?

Synopsis

Mutual fund advisors believe that even though ESG has been applauded globally, the theme cannot replace multi cap schemes. Since the theme is new to Indian markets, there are not many options to invest.

You might know that the fund houses are exploring various options to tackle the tricky issue of new Sebi investment mandate on multi cap mutual funds. One of the options the managers keep repeating is converting multi cap schemes to ESG schemes to escape the new norms. Sure, they also talk about other options like turning multi cap schemes to value funds, focused funds, large & mid cap schemes and so on. However, the ESG theme, a relatively
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The Economic Times