# Thai ESG Mutual Funds Witness a 400% Surge in Assets, Reaching 32 Billion Baht

- Link: https://www.thailand-business-news.com/banking/188778-thai-esg-mutual-funds-witness-a-400-surge-in-assets-reaching-32-billion-baht
- Published: 2025-01-17T07:30:00+07:00
- Author: Bui Dung

Thai ESG mutual funds saw a significant increase in interest from investors in 2024,
with net assets under management for the category rising by almost 400% to 32 billion
baht.

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 * Thai ESG mutual funds saw a substantial 400% increase in net assets under management
   in 2024, driven by more attractive investment conditions and tax benefits.
 * Bond funds were the most popular type of Thai ESG funds, with significantly higher
   returns compared to other types of funds.
 * Investors interested in Thai ESG funds should carefully study the information
   and investment conditions to ensure alignment with their financial goals and 
   risk tolerance.

Thai ESG mutual funds saw a substantial 400% increase in net assets under management
in 2024, driven by more attractive investment conditions and tax benefits. This 
surge highlights growing investor confidence in sustainable financial products, 
as well as heightened awareness of environmental, social, and governance criteria.
Analysts attribute this growth to supportive government policies, including incentives
for green investments, and a broader shift towards ethical investing among both 
institutional and retail investors. Additionally, the rise in corporate transparency
and reporting on ESG metrics has further bolstered trust and participation in these
funds, setting the stage for continued expansion in the coming years.

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This growth was driven by changes in investment conditions, making the funds more
attractive. Bond funds were the most popular, accounting for 51% of the total value,
with an average return of 4.59%. Equity funds, while totaling 35% of the total value,
had a lower average return of 0.85%. Kasikorn Asset Management (K-Asset) led the
market with a net asset value of 8.2 billion baht.