Speaking at the inauguration of an ESG Centre for Research and Innovation at IIM Ahmedabad, Tyagi stressed on the need of in depth research on ESG norms with focus towards developing high quality, objective, content-specific rating matrices.The Sebi chief noted that Indian investors are showing increased interest in ESG compliant companies and investment products. Also, ESG funds are rapidly expanding in the Indian mutual fund industry.
Asset management companies (AMCs) have been launching equity schemes in the ESG space under thematic category. The AMCs are also launching exchange traded funds (ETFs) and ETF fund of funds in ESG space.
