On Apr. 28, 2025, Thai SEC, Thai GVT, Thai SET, and the Association of Investment Management Companies announced readiness to support investments in ESGX funds.
From May 13, 2025, investors can switch LTF units to ESGX funds under approved tax incentives and check all LTF holdings centrally via the Thai SET website.
Thai GVT provides tax deductions for both new investments in Thai ESGX funds and switching of existing LTF units to Thai ESGX during May-Jun. 2025 transition window.
From May 2, 2025, investors can subscribe to 37 Thai ESGX funds or request to switch LTF units from May 13 to Jun. 30, 2025, with AMCs and distributors ready to assist.
On Apr. 24, Thai SEC issued update on Thai ESGX fund applications.
Thai SEC said it is reviewing 37 Thai ESGX fund applications from 19 fund houses.
Follows Thai SEC Apr. 2025 issued suite of notices re sustainability funds, #250401.
Also follows Thai GVT Dec. 2024 revised rules on ESG fund tax exemptions, #235635.
ESGX Fund Highlights
Thai ESGX funds are expected to be available for sales, LTF switching starting on May 2, 2025; investors can access LTF information via FundConnext starting early May.
Thai ESGX funds must allocate at least 80% of their net asset value to Thai-issued sustainable assets, including at least 65% in sustainability-related stocks annually.
Tax Incentives
For general investments, investors are eligible for tax deduction of up to 30% of taxable income, capped at THB 300k, with minimum holding period of five years.
For existing LTF holders as of Mar. 11, 2025, switching entirely to Thai ESGX funds, tax deduction of up to THB 500k is available, spread over the years 2025 to 2029.
Apr. 28, 2025 Fund Switching
On Apr. 28, 2025, Thai SEC, Thai GVT, Thai SET, and the Association of Investment Management Companies announced readiness to support investments in ESGX funds.
From May 13, 2025, investors can switch LTF units to ESGX funds under approved tax incentives and check all LTF holdings centrally via the Thai SET website.
Thai GVT provides tax deductions for both new investments in Thai ESGX funds and switching of existing LTF units to Thai ESGX during May-Jun. 2025 transition window.
From May 2, 2025, investors can subscribe to 37 Thai ESGX funds or request to switch LTF units from May 13 to Jun. 30, 2025, with AMCs and distributors ready to assist.
