How An Index Can Be Saatvik And Funds Ethical


Know The Value-Based Investing: The Wealth Company Mutual Fund welcomes the launch of the BSE Saatvik 100 Index, describing it as a significant milestone in the evolution of value-based and ethical investing in India. The fund excludes businesses associated with alcohol, tobacco, gambling, vulgar entertainment, narcotic substances, leather, meat and poultry, pesticides, insecticides and animal cruelty.


Madhu Lunawat, Founder, MD & CEO, The Wealth Company Mutual Fund,

FinTech BizNews Service

Mumbai, 19 June 2026: The Wealth Company Mutual Fund  has welcomed the launch of the BSE Saatvik 100 Index, describing it as a significant milestone in the evolution of valuebased and ethical investing in India. 

A detailed review of the BSE Saatvik 100 Index methodology and constituent profile indicates a strong alignment between the index framework and the investment philosophy that has guided The Wealth Company Ethical Fund since its launch. 

The Wealth Company Ethical Fund was conceived as a ‘Good Karma’ Investing strategy rooted in the timeless principles of Ahimsa and Saatvik living. The fund follows a rigorous ethical framework that excludes businesses associated with alcohol, tobacco, gambling, vulgar entertainment, narcotic substances, leather, meat and poultry, pesticides, insecticides and animal cruelty. These exclusions were embedded into the fund’s philosophy from inception and form the foundation of its investment approach. 

The launch of the BSE Saatvik 100 Index by BSE Index Services validates the growing relevance of value-based investing in India and creates a formal benchmark that closely reflects the principles already being followed by The Wealth Company Ethical Fund. 

The sector composition of the BSE Saatvik 100 Index, led by financial services, technology, telecom, industrials and other sectors aligned with ethical investing principles, is broadly consistent with the fund’s investment universe and philosophy. The presence of high-quality financial services companies within the index is particularly noteworthy, as The Wealth Company Ethical Fund had consciously incorporated flexibility to participate in select financial services businesses despite the limitations of traditional Shariah benchmarks. 

Since its launch, the fund has sought to go beyond conventional faith-based screening by applying a more comprehensive ethical lens that combines financial prudence, governance standards and Satvik principles. The introduction of the BSE Saatvik 100 Index therefore represents a natural evolution for the ethical investing ecosystem in India. 

Commenting on the development, Ms. Madhu Lunawat, Founder, MD & CEO, The Wealth Company Mutual Fund, said: “The launch of the BSE Saatvik 100 Index is a landmark moment for ethical investing in India. When we launched The Wealth Company Ethical Fund, our vision was to create an investment product rooted in the principles of Ahimsa, responsibility and conscious wealth creation. We deliberately adopted exclusions that went beyond traditional market benchmarks because we believed investors should be able to grow wealth without compromising on their values. The framework of the BSE Saatvik 100 Index strongly resonates with the philosophy that has guided our fund from day one.”

The Wealth Company Mutual Fund believes the launch of the BSE Saatvik 100 Index will accelerate the adoption of ethical investing in India and create a robust ecosystem for investors seeking alignment between their financial goals and personal values.

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