Best-in-class

    ESG & Governance

    Selecting the companies with the best ESG performance within each sector, so that every sector stays in the portfolio.

    A best-in-class fund may hold an oil company if it is the best-rated oil company. This keeps sector weights close to the benchmark while tilting towards leaders. The Nifty100 ESG Sector Leaders index and the Dow Jones Best-in-Class indices follow this approach. Results depend heavily on which ESG ratings are used.

    Related terms

    Positive screeningESG scoreRating divergence

    Learn the concept

    From the research

    Valuation

    A Comparative Financial Analysis of Three Listed Companies

    Three IT services leaders, five years of numbers: similar growth, very different margins and returns on capital, and their October 2026 valuations.

    Markets

    IPO Issue Price vs. Listing Price vs. Subsequent Performance

    Seven of India's most talked-about IPOs since 2021, tracked from issue price to listing to October 2026. Buying on listing day lost money in six of seven.

    Valuation

    Paytm: Valuing a Company With No Clean Comparable

    Paytm is part payments processor, part device business, part loan distributor. Why no single peer fits, and how to value it in parts and in reverse.