Analysis on performance of mutual funds towards the achievement of sustainable development goals

The research paper explored the overall effect of sustainable
investments on Mutual fund’s and to analyse the financial outcome
it could deliver. An analytical sampling of 64 Mutual Funds were
taken and the ratings given by Morningstar in April 2022 are taken.
A cross-sectional regression analysis is done with the data. The
outcome indicated Mutual Fund portfolio with high social aspect of
sustainable investments found to be good enough to perform. The
result could be beneficial for investor, business, and stakeholder at
large. The sustainable investments are on the trajectory of resilience
and ESG scores has proven to be a lens which can aid business
leader to come up with greater number of business which could be
resilient. This research focussed on mutual funds by analysing the
ESG scores on the cash flow. In this study explanatory research is
done as it delivers added information about the observed object
and its relation with the environment. The focus is to find out
whether ESG reporting have negative impact on the Mutual Fund’s
f
inancial outcomes and to study the impact of sustainability score
in Mutual Fund’s volatility. Suggestion of certain measures which
could help to improve Mutual Fund’s performance through ESG
score is inevitable and is done through this research