INVESTIGATING THE PERFORMANCE OF ESG- THEMED MUTUAL FUNDS IN INDIA

Authors

  • Dr S Jayadev Professor and Head, Department of Commerce, NSS College, Nilamel
  • Anupama R Assistant Professor, PG and Research Department of Commerce, The Cochin College, Kochi

Keywords:

ESG, benchmark index, regression, beta, fund

Abstract

Investors are increasingly considering environmental, social, and governance (ESG) factors as essential components in their decision-making process. ESG funds play a crucial role in sustainability financing by directing investment toward companies and projects that meet certain environmental, social and governance criterion. The study makes a comparison of ESG funds with the benchmark index (NIFTY 100 ESG index) which is an indicator of the performance of the funds. The comparison revealed how the select ESG themed funds respond to changes in the NIFTY 100 ESG index, with the Quantum ESG Fund being the most responsive and the Axis ESG Integration Strategy Fund being the least.

References

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Published

2025-02-28

Issue

Vol. 56 No. 02 (2024): Indian Journal of Accounting

Section

Articles

License

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