Net inflows into sustainable funds plummet 98% in June quarter - News Summed Up

Net inflows into sustainable funds plummet 98% in June quarter


In comparison, such funds witnessed net inflows of ₹1,200 crore in the March quarter and ₹3,750 crore in the December quarter of 2020. “The coronavirus pandemic has led to a marked increase in investor interest and fund launches for sustainable funds globally. The first half of 2021 witnessed three sustainable fund launches, including two feeders into global sustainable funds. India has so far 11 sustainable funds and the market is quite concentrated. The top five sustainable funds account for 86.5% of the overall sustainable assets.


Source: Mint July 19, 2021 09:22 UTC



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