The assets of investment funds increased by 2.58% to 5.28 trillion baht.

The investment landscape remains volatile.

The mutual fund industry in Thailand recorded a net asset value of 5.28 trillion baht in the first quarter, which is an increase of 2.58% or 133 billion baht compared to the end of 2023, thanks to steady growth in equity funds and fixed-income funds. Equity funds amounted to 1.64 trillion baht, an increase of 42.5 billion baht or 2.67%, while the net asset value of real estate investment funds rose by 3.88% to 241 billion baht.

Infrastructure funds amounted to 365 billion baht, while mixed funds totaled 327 billion baht, and money market funds reached 265 billion baht. ESG funds reached 6.6 billion baht, and pension mutual funds stood at 431 billion baht.

The top 3 asset management companies by market share are Kasikorn Asset Management, SCB Asset Management, and BBL Asset Management, with a combined market share of over 50%.

SCBAM CEO Narongsak Plodmechai said the mutual fund industry is expanding this year in line with the country's GDP growth. "The investment landscape remains volatile this year due to many factors such as interest rate policy, geopolitical conflicts and domestic economic conditions," he said. "Investments in FIFs and fixed income funds remain attractive in such an environment."