CURRENT AFFAIRS : BANKING & FINANCE
SEBI introduced 6 new mutual fund strategies under ESG theme
- The Securities and Exchange Board of India (SEBI) has allowed asset management companies (AMCs) to launch funds under 6 new strategies under the Environmental, Social, and Governance (ESG) thematic category.
- Currently, regulatory requirements allow mutual funds to launch only one scheme with ESG investing under the thematic category for equity schemes.
