Environmental, Social, and Governance (ESG) funds are gaining popularity nowadays among retail and corporate investors. As per a recent report, 78% of global investors are placing more emphasis on ESG topics than they used to around five years ago. One of the well-known funds in the ESG category is ICICI Prudential ESG Fund. This fund majorly invests in the equity securities of the companies ranking high under the ESG theme. The fund assesses companies based on non-financial parameters such as Environmental empathy, social responsibility, and corporate governance to encourage a sustainable investing approach. ICICI ESG Fund is suitable for those investors with a high-risk appetite, as 80% of its total assets go into equity and related instruments carrying a higher risk than debt funds. However, the fund provides the investors with benefits such as diversification across sectors and market capitalisation. ICICI Prudential ESG Fund can be a decent investment option not only for retail investors but for businesses looking for a sustainable investing theme to park their idle cash. It goes without saying that mutual funds investment can be time-consuming and knowledge-demanding, and for businesses that lack either or both of them, platforms like Shootih can be a helping hand. Shootih is India?s First Business Wealth Management Platform to make wealth management simpler for businesses. With Shootih, you can invest your business s idle cash in mutual funds and make decent returns. Not only that, Shootih helps them with Data-Driven investment recommendations tailored to their risk appetite and investment horizon. Curious to know more? You can learn more about Shootih with a free demo. To explore more about ICICI ESG Fund, click on the link below; https://shootih.com/mutual-funds/icici-prudential-esg-fund-regular-plan-growth/INF109KC1N75
Category: Financial Services
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