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22.04.2021 / 17:16

Investors rush to ESG funds as Covid drives focus on sustainability

₹103.78 crore in March following an outflow of ₹102.78 crore combined in January and February Investors rushed to park money into environmental, social and governance (ESG) focussed funds as the disruption caused by covid-19 pandemic drove focus to the importance of building sustainable and resilient business models.Data provided by Morningstar showed that India ESG funds received a net inflow of ₹103.78 crore in March following an outflow of ₹102.78 crore combined in January and February. In the previous quarter ending December, these funds received net inflow of ₹3748.96 crore.Kaustubh Belapurkar, Director – Manager Research, Morningstar India said, “The covid led crisis has only accelerated the demand for sustainable investing.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
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