Quant ESG Equity Fund NFO Review
Quant MF is planning to launch ESG Fund scheme which invests in Environment, Social and Governance criteria. ESG is gaining ground with increase in total assets under socially-responsibility investment. This ESG equity fund from Quant MF would open for subscription on October 15, 2020. Don’t get confused with the Quantum ESG India Fund, which is from Quantum MF whereas this NFO is from Quant Mutual Funds (Erstwhile Escorts MF). What is this ESG theme all about? Should you invest in the Quant ESG Equity Fund NFO? Would ESG funds create wealth in the medium to long term?
Also Read: Equitas Small Finance Bank IPO opens on October 20, 2020
What is ESG theme?
ESG represents factors viz. Environmental (such as impact of business on natural resources), Social (such as a business, having undesirable social of the scheme impact) and…