Without telecom, internet, IT and power MFs could not have survived the last 18 months: S Naren

“I believe that if we are going to invest only in companies which are just focussed on making money and not ESG, the money will disappear. Whereas if we invest in companies focussed on ESG and aiming for net zero and renewables, then we will get much better shareholder returns,” says S Naren, CIO, ICICI Prudential AMC.

Why are we seeing such a massive rerating in Tata Group of Companies?
We are in the ESG era. At the end of the day, we have to look for companies which are strong on ESG or where ESG is improving.