India’s first clean economy index fund is here: Should you invest?

Motilal Oswal Asset Management Company has launched the BSE Clean Environment Index Fund, with its NFO closing on June 19. The 25-stock passive fund offers pure-play exposure to five decadal themes: renewables, EVs, water treatment, recycling, and waste management, distinguishing it from traditional ESG funds that screen on operational metrics. The article highlights significant infrastructure-driven opportunities, with India's water treatment market projected to grow from ~$9.6B in 2024 to ~$18.6B by 2033 and solid waste management from ~$7.8B in 2025 to ~$10.4B by 2030.