The New Fund Offer (NFO) of the scheme will close for subscription on December 4.
According to the press release KMAMC is the first asset management company to sign the United Nation's Principles for Responsible Investment (UNPRI). Kotak ESG Opportunities Fund will be managed by Harsha Upadhyaya. The scheme will invest in companies based on financial parameters and non-financial factors such as Environmental, Social and Governance as a part of its research process to identify material risks and growth opportunities.
To assess ESG performance of an investee company, Kotak ESG Opportunities Fund will look at policies, practices and disclosures of each ESG pillar. That is, for environmental performance, it will be energy efficiency measures, waste management including e-waste management, carbon & greenhouse gas (GHG) emission footprint, and renewable energy use; for social performance it will be employee working conditions, welfare & training, and health & safety standards; and for assessing governance performance, in addition to corporate governance practices and disclosures as required under the Companies Act, 2013 and SEBI’s (LODR) 2015, it will be whistle-blower and anti-corruption policy, no child labour policy, anti-sexual harassment policy, diversity and inclusivity policies and practices etc.
Read More News on
- Sebi serves fresh show cause notice to Kotak Mutual Fund
- Time to increase allocation to mid/small cap funds, says Pankaj Tibrewal of Kotak Mutual Fund
- Kotak Mutual Fund launches Kotak Pioneer Fund
- Kotak Mutual Fund’s Nilesh Shah appointed as new Amfi chairman
- Rise in gold prices will aid recovery in rural areas: Pankaj Tibrewal, Kotak Mutual Fund
- Kotak Mutual Fund launches Kotak Focused Equity Fund
2 Comments on this Story
Swaroop kumar Dey8 days ago
Thanks too all of you... invest INDIAN RAILWAY. comming shoon decari train. run CALCUTTA to Delhi. via cuttuck . 2. 1st it runs all over bengal. ð ®ð ³
i need only two decary train. one out side bengal and another all over india. only 6 bogi enough.ð ®ð ³
physical handicapt employeeâ ï¸ and â ï¸ may be recuipt . (Award winers all kind physycal handicapt candidate or employee rastapti. prodhan mantri. and rajparekh dinesty and rajparakh democratis may be 1st choice decarry train)
â ¿ð »
ATM machine also be install decarry train. where money lend and dishburshment both work made. andalso salary our rail way stuff.( for operating smoothly GPS tarck. and wi fi guard)ð ¬ð §ð ®ð ´ð ¸ð ¨
Paresh 10 days ago
Congratulations n Appreciate the steps towards ESG Thanks