Vayupak Fund champions governance to best benchmarksListen to this articleThe Vayupak Fund 1 delivered a return of 6.09% last year, outperforming the Stock Exchange of Thailand (SET) index, which fell by 10%. According to Krungthai Asset Management (KTAM), which manages the state-controlled Vayupak Fund, fewer negative factors are expected this year than last year. Established by the Finance Ministry in 2024, the Vayupak Fund 1 has total assets of 490 billion baht. "As a result, stocks in the Vayupak Fund 1 are less volatile than the SET index, which means the fund's portfolio suffers less downside impact," she said. Despite unfavourable market conditions last year, Vayupak Fund 1 outperformed all benchmarks set by its board, he said.

Source: Bangkok Post January 15, 2026 22:17 UTC