Invesco India ESG Equity Fund The fund opens for subscription today 26th February 2021 and will close on 12th March 2021.

From an investment point of view, its important to evaluate where the company faces the risk on account of ESG parameters.Invesco Mutual Fund announces the launch of its new fund Invesco India ESG Equity Fund, an open ended equity scheme investing in companies following Environmental, Social and Governance ESG theme.


PTI | New Delhi | Updated: 26-02-2021 16:09 IST | Created: 26-02-2021 15:58 IST
Invesco India ESG Equity Fund The fund opens for subscription today  26th February 2021 and will close on 12th March 2021.
Representative image. Image Credit: Wikimedia
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In today’s socially conscious society, we expect companies to care about environment, society and have high standards of governance. And as consumers, we exercise our voice through the products & services we consume. Investors globally consider ESG factors to evaluate where the company has risks because of environment, social and governance issues. For companies today, the risks which stem from environment, social and governance are real. Ignoring ESG values can have a serious impact on the company’s operations, profits and shareholder value. From an investment point of view, it's important to evaluate where the company faces the risk on account of ESG parameters.

Invesco Mutual Fund announces the launch of its new fund Invesco India ESG Equity Fund, (an open ended equity scheme investing in companies following Environmental, Social and Governance (ESG) theme). The fund aims to generate capital appreciation by investing 80% - 100% of the net assets in equity and equity instruments of companies, which are selected based on Environmental, Social and Governance (ESG) criteria, as defined by its proprietary investment framework. The fund will adopt a bottom-up approach to select stocks. While the fund will invest the majority of its assets in large cap companies; it will also offer limited exposure of up to 35% to mid and small cap companies1. The fund is benchmarked to the NIFTY 100 Enhanced ESG Index and will be managed by Mr. Taher Badshah, who has over 26 years of experience and Amit Nigam, who has over 20 years of experience in the Indian equity markets. Note - 1The above strategy is based on current views and is subject to change from time to time. Speaking at the launch, Mr. Saurabh Nanavati, Chief Executive Officer, Invesco Mutual Fund said, “As a firm, we have been demonstrating our commitment globally to responsible investing by actively encouraging ESG inclusive practices across every area of business. Globally, there is a big difference between being ESG “Aware” and ESG “Inclusive”. Our ESG inclusive practices are at the core of our equity investment process, which differentiates us. “It is important to analyze a company through the ESG lens. Governments and society are penalizing irresponsible companies. On the other hand, companies with strong ESG proposition are creating value through increased top-line growth, lower costs of production, better financing terms, government support & subsidies, motivated employees and enhanced returns on capital invested, which in turn help investors in long term wealth creation.” “First time investors can embark on their investment journey with this new fund and embrace responsible investing from day one” Invesco as a firm has been demonstrating its commitment to responsible investing by actively encouraging ESG inclusive practices across every area of the business for more than 30 years. Globally Managing more than US$ 34 bn (over INR 2.5 lac crs) across 44 ESG funds and segregated mandates globally (as on 31st December 2020). It is Lead investor in Climate Action 100+ and ESG Advocacy through industry associations and participation in policy efforts. It’s ESG inclusive investment approach with strict adherence to tightly defined ESG scores distinguishes itself from others. Leveraging on its dedicated global team of ESG experts to develop industry-leading ESG practices&proprietary framework to score companies on ESG will enable to filter the stock universe to identify ESG aligned opportunities and eliminate companies that don’t meet the thresholds. The new fund offer opens today February 26, 2021 and will close for subscription on March 12, 2021. Suitable for investors who are seeking* -Capital appreciation overlong term -Investments predominantly in equity and equity related instruments of companies following ESG theme *Investors should consult their financial advisers if in doubt about whether the product is suitable for them Note: The product labelling assigned during the NFO is based on internal assessment of the Scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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