Invested through	Triodos Microfinance Fund Triodos Fair Share Fund Triodos Multi Impact Fund Triodos Impact Strategy Fund - Defensive Triodos Impact Strategy Fund - Balanced Triodos Impact Strategy Fund - Offensive Triodos Impact Strategy Fund - Dynamic
Asset Classes	Private equity
Impact strategy	Financial Inclusion
Aligned with SDGs

Utkarsh is predominantly active in India’s states of Uttar Pradesh and Bihar, which have one of the largest concentrations of economically underprivileged populations in the world. Together, they have a population of 300 million with an average per capita GDP of less than USD 1,000 – which is around half of the all India average.

Utkarsh’s aim is to provide this underprivileged population access to a broad suite of affordable financial services, enabling them to become more resilient and to pursue avenues of life they were unable to choose.

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Impact Equities and Bonds

The SDGs mentioned in the company sections are linked to the (main) transition theme that the company contributes to, not directly to its products or services. Refer to the Sustainability Annex in the prospectus for more information.

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