The Wealth Company Mutual Fund has launched a new ethical investment fund that goes beyond typical ethical investing principles. This innovative fund tracks the Nifty 500 Shariah TRI Index while incorporating additional restrictions based on Ahimsa (non-violence) principles.

Key Features of the New Ethical Fund

• Benchmark: Tracks the Nifty 500 Shariah TRI Index
• Unique Approach: Incorporates Ahimsa principles
• Exclusions: Avoids investments in meat, poultry, gambling, alcohol, tobacco, narcotics, leather, pesticides, and enterprises involving animal cruelty
• Financial Sector Allocation: 20% of assets under management

The fund distinguishes itself by excluding meat and poultry companies, even if they are part of the benchmark index, adhering strictly to Ahimsa principles.

Ethical Funds in India

Performance Comparison (20-Year CAGR)

The NIFTY 500 Shariah index, which serves as the benchmark for this new fund, has outperformed both the Nifty 500 and Nifty 50 indices over the past two decades.

Fund Objective

Madhu Lunawat, the founder of Wealth Company Mutual Fund, emphasized the fund's goal: "Our aim is to align wealth creation with values through sustainable and ethical practices."

This new offering from Wealth Company Mutual Fund provides investors with an opportunity to grow their wealth while adhering to strict ethical and sustainable investment principles. By combining the Shariah-compliant index with additional Ahimsa-based restrictions, the fund caters to investors seeking a more comprehensive approach to ethical investing.

The Wealth Company Mutual Fund has expanded its offerings with the launch of four new active funds, catering to a diverse range of investor needs and preferences. The newly introduced funds include a Flexi Cap Fund, an Arbitrage Fund, an Ethical Fund, and a Liquid Fund.

Ethical Fund: A Unique Offering

Among the new offerings, the Ethical Fund stands out for its adherence to Satvik principles of purity, compassion, and Ahimsa. This fund takes a conscientious approach to investing by excluding companies involved in sectors such as:

• Alcohol
• Tobacco
• Gambling
• Narcotics
• Leather
• Meat and poultry
• Pesticides
• Enterprises associated with animal cruelty

This ethical investment option is likely to appeal to values-driven investors, particularly those from the next generation who are increasingly seeking alignment between their investments and personal beliefs.

Investment Details

All four New Fund Offerings (NFOs) are now open for subscription, with investor-friendly entry points:

These accessible investment thresholds aim to encourage participation from a wide range of investors, from beginners to experienced market participants.

Strategic Approach

Madhu Lunawat, Founder, MD & CEO of The Wealth Company Mutual Fund, emphasized the strategic intent behind these new funds. The company aims to empower investors with strategies that align with their life and wealth goals. Lunawat stated that the funds utilize proprietary risk frameworks to target diverse investor segments, ranging from risk-averse retirees to values-seeking next-generation investors.

Diverse Investor Appeal

The launch of these four funds demonstrates The Wealth Company Mutual Fund's commitment to addressing various investor needs:

1. Flexi Cap Fund: Offers flexibility in investing across market capitalizations
2. Arbitrage Fund: Aims to capitalize on price differentials in the market
3. Ethical Fund: Caters to socially conscious investors
4. Liquid Fund: Provides a potentially lower-risk option for short-term investments

By offering this diverse range of funds, The Wealth Company Mutual Fund is positioning itself to attract a broad spectrum of investors, each with unique risk appetites, investment horizons, and personal values.

The introduction of these new funds, particularly the Ethical Fund, reflects a growing trend in the investment world towards socially responsible and values-based investing. As investors become more conscious of the impact of their financial decisions, such tailored offerings are likely to gain increasing prominence in the mutual fund landscape.