SEBI proposes to introduce 5 new categories under ESG mutual funds

SEBI proposes to introduce 5 new categories under ESG mutual funds

Representational image of Securities and Exchange Board of India (SEBI) headquarters in Mumbai | Photo Credit: Reuters Capital markets regulator SEBI has proposed allowing mutual funds to introduce five new categories under ESG (environmental, social and governance) scheme. The five new categories should be exclusions, integration, best-in-class and positive screening, impact investing and sustainable objectives. […]

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