Performance Evaluation of Select ESG Mutual Fund Schemes in India

Authors

  • Manoj Kumar Dash Assistant Professor School of Commerce and Management ARKA JAIN University Jamshedpur

DOI:

https://doi.org/10.33516/maj.v59i12.83-89

Keywords:

No Keywords.

Abstract

This paper evaluates the impact of Environmental, Social, and Governance (ESG) investment on mutual fund industry. The performance of select ESG Mutual Fund schemes from 2021 to 2023 has been measured using Sharpe Ratio, Treynor Ratio, and Jenson’s alpha. It is pertinent to note that the analysis of Jensen’s Alpha is positive for all ESG Mutual Fund schemes evaluated under the study.

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Published

2025-02-25

How to Cite

Dash, M. K. (2025). Performance Evaluation of Select ESG Mutual Fund Schemes in India. The Management Accountant Journal, 59(12), 83–89. https://doi.org/10.33516/maj.v59i12.83-89

Issue

Volume 59, Issue 12, December 2024

Section

ESG Investment
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Europe PMC

References

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N. Ahmad, A. Mobarek, N.N. Roni, A.W.K. Tan (2021) Revisiting the impact of ESG on financial performance of FTSE350 UK firms: Static and dynamic panel data analysis Cogent Business & Management, 8 (2021), p. 1