It been a while since i have done something worthwhile. So now blog is now part of global movement for saving environment called ‘Blog Action Day”. The concept is fast picking pace, however the issues addressed by it is of more importance.
So how can Mutual Funds have a connection to saving the world. Well, to begin with, mutual funds are based on concept of pooling of resourses. So we can have Thematic Mutual Funds which invest in companies having high regards for CSR and Environment Protection in its product development policies and has a corporate philosophy for saving nature’s resoruces.
Such Mutual Funds can also invest in companies who are into the business of alternative fuels and alternative sources of energy. Suzlon(Get Quote), REpower, Areva.