For a Thai ESG fund, it is a mutual fund created to receive additional tax benefits from all pension fund groups. Which originally consisted of the Long-Term Savings Promotion Common Fund (SSF), the Common Retirement Fund (RMF), the Provident Fund, the Teachers Welfare Fund, the State Pension Fund, the National Provident Fund and Retirement Life Insurance, which together can be invested up to a maximum of 500,000 baht.
Thai ESG Fund focuses on investing in Thai stocks. and Thai debt instruments that conduct business with environmental, social and corporate governance in mind in accordance with criteria set by the Office of the Securities and Exchange Commission, which stipulates that they can use tax deduction rights of 30% of their income, up to a maximum of 100,000 baht in that tax year.The amount is not specified. Minimum Purchase There is no need to purchase every year. Long-term investing must be for a minimum of 8 full years, or the equivalent of 10 calendar years, for example, purchasing a fund on December 20, 2023 that will mature in 2032, etc. All this will allow investors to use tax deductions of up to 600,000 baht per year
For those interested, you can request additional information every business day at Krungthai Asset Management, phone 0-2686-6100, press 9. Are you interested in opening an account through the KTAM Smart Trade app at https://bit.ly? /KTSTSignIn
Warning: Investors should understand the characteristics of the product. Conditions for Return Information about tax benefits is available in the Investment Guide. And the risks before deciding to invest, unless the investment does not meet the conditions determined by the Department of Revenue, you may have to return the tax benefits and lose additional money.
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