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Tue, December 10, 2024

I am 35 and want a corpus of Rs 10 cr by 60. Where to invest for renewable and ESG-related investments?


Published on 2024-12-10 16:41:33 - MSN
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  • Since sector funds are cyclical in nature, closely monitoring their performance becomes essential. This task is best handled by professional fund managers who have the expertise and resources to track and respond to market changes effectively.

The article discusses a 35-year-old individual's goal to amass a corpus of Rs 10 crore by the age of 60 through investments focused on renewable energy and Environmental, Social, and Governance (ESG) criteria. It highlights the growing interest in sustainable investments due to increasing awareness about climate change and ethical business practices. The article suggests several investment avenues for achieving this goal, including:

  • Equity Mutual Funds: Investing in funds that focus on companies with strong ESG ratings, like those from SBI, Axis, and ICICI Prudential.
  • Green Bonds: These are debt instruments issued to raise capital for climate and environmental projects, offering a fixed income with a focus on sustainability.
  • Renewable Energy Companies: Direct investment in companies involved in solar, wind, hydro, and other renewable energy sources.
  • Sustainable ETFs: Exchange Traded Funds that track indices composed of companies meeting ESG criteria.
  • Venture Capital: Investing in startups or funds that finance green technology and sustainable business models.

    The article also emphasizes the importance of diversification, regular portfolio review, and possibly consulting with a financial advisor to tailor investments according to personal risk tolerance and financial goals. It notes that while ESG investments might offer lower returns in the short term, they could provide long-term benefits in terms of sustainability and ethical impact.

    Read the Full MSN Article at:
    [ https://www.msn.com/en-in/money/economy/i-am-35-and-want-a-corpus-of-rs-10-cr-by-60-where-to-invest-for-renewable-and-esg-related-investments/ar-AA1vwcaz ]
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