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Created in 2016, the French SRI label was introduced in order to dissociate conventional mutual funds from those that promote extra-financial goals. By analyzing mutual funds investing in the Eurozone equity markets, this article aims to understand the financial impact of the extra-financial constraints required by the label. The results show that labelled mutual funds offer returns at least similar to the market and conventional counterparts. Hence, the French SRI label makes it possible to finance responsible issuers without incurring a significant financial cost. Classification JEL: G11, M14.