Avendus India ESG Fund is India’s first ESG fund. It is a Category III Alternate Investment Fund (AIF) focused on providing investors the opportunities for long term risk adjusted returns by investing in companies that practice sound Environmental Social and Governance (ESG) policies. The fund is a core equity product that integrates ESG rankings alongside a robust financial analysis using our proprietary fundamental criteria. Avendus has an exclusive tie-up with Institutional Investor Advisory Services (IiAS), an independent ranking advisor, who has put in place a framework covering ESG principles. The fund’s advisory board includes world renowned experts from the field of corporate governance, sustainability and macroeconomic policy making.
1. Dr Rakesh Mohan – Ex Deputy Governor of the Reserve Bank of India (2002 -2009)
2. Mr Amit Tandon – Founder and Managing Director of Institutional Investor Advisory Services India Limited
3. Melissa Brown – Board Director of Sustainalytics , a global leader in ESG and corporate governance research and ratings
The fund’s long only strategy seeks to invest in a portfolio of around 15-20 high conviction stocks based on pre-determined ESG and proprietary fundamental criteria. By integrating ESG factors alongside mainstream company analysis, we aim to identify risks and opportunities that may not have been fully priced in by markets and which may enhance stock selection.
