Krungthai Asset Management (KTAM) aims to increase its assets under management (AUM) to 1.1 trillion baht by the end of 2026, supported by product innovation, digital investment solutions, and closer collaboration with parent bank Krungthai Bank (KTB).
Chief executive Chavinda Hanratanakool said KTAM oversees 1.06 trillion baht in AUM, up 4.8% from the end of 2025, maintaining its position as Thailand's third-largest asset management company.
Of the total, 826 billion baht is in mutual funds, representing a 12.4% market share, 173 billion baht is in provident funds with a 10.5% market share, and the remaining 63.7 billion baht is in private funds.
The company's "One Krungthai" strategy integrates mutual funds, provident funds, wealth management and investment services across the KTB system to reach a broader customer base, Ms Chavinda said.
TOKENISED FUND
A milestone in KTAM's innovation roadmap is the upcoming launch of Thailand's first tokenised mutual fund, developed in partnership with KTB.
Built on blockchain technology, the fund allows investors to purchase fractional units with investments starting from as little as 1 baht, lowering barriers to entry and expanding access to capital markets across all income segments.
Unlike crypto-based exchange-traded products, the tokenised mutual fund is backed by Securities and Exchange Commission-approved investment assets, including both domestic and international mutual funds. The platform is designed to support 24/7 transactions, instant ownership transfers and T+0 settlement through blockchain-enabled automatic settlement technology, compared with the traditional T+2 or T+3 settlement cycle.
KTAM believes the innovation will enhance liquidity, improve transaction efficiency, and reshape how investors access mutual fund products in Thailand, she said.
The company also plans to launch at least 10 new funds this year, averaging one new product per month to capture emerging investment opportunities. Offerings include dollar-denominated funds through foreign currency deposit accounts, targeting investors seeking exposure to higher US interest rates and global investment opportunities.
Meanwhile, KTAM is developing an instant redemption service for money market funds that will eventually be expanded to other fund categories, enhancing investor convenience, said Ms Chavinda.
POSITIVE OUTLOOK
Despite ongoing global volatility and geopolitical uncertainties, KTAM maintains its constructive view on Thai equities, arguing the market has likely passed its cyclical bottom and entered a recovery phase.
The firm backed the Thailand Future Fund (TFFIF), a government initiative aimed at deepening Thailand's capital market, noting state-owned enterprises with strong future cash flows could utilise the TFFIF structure to mobilise funding for major infrastructure projects without increasing public debt burdens.
The asset manager maintains its year-end Stock Exchange of Thailand index target of 1,650 points, citing improving domestic economic conditions, recovering market liquidity, and the potential return of foreign investment flows.
With a growing product pipeline, blockchain-driven investment innovations, and continued collaboration with KTB, KTAM is positioning itself to capture the next wave of growth, she noted.
