Mr. Saharat Chatsuwan, Managing Director of TISCO Asset Management, stated that in 2026, the Stock Exchange of Thailand (SET) Index bounced back to trade near the 1,500-point level once again. This is due to increased clarity in domestic politics, giving investors a clearer direction regarding Thailand’s political landscape and confidence that a new government will be formed within the second quarter this year.
The economic team is expected to expedite short-term economic stimulus measures and announce policies to promote foreign direct investment. As a result, the SET Index has briefly risen above 1,500 points.
In the worst-case scenario, where Thailand needs to hold a new election due to issues with the ballot, the establishment of a new government will be delayed. This could result in a decline in the Thai stock market as a reaction to the news.
If such an event occurs, it presents an opportunity to gradually accumulate stocks, as there will ultimately be a government formed, which is expected to be more stable than the current one, and economic stimulus policies will continue moving forward. Meanwhile, Thai stocks continue to provide a good dividend yield consistently.
“At this period, domestic politics are clear, and we expect an influx of foreign investment into the Thai stock market, especially in large-cap stocks with high dividend yields. Investors and clients are recommended to gradually invest in funds with a policy to invest in large-cap stocks with attractive dividend yields. This will increase the chances of generating good returns from both capital gains and dividends,” said Mr. Saharat.
Mr. Saharat further stated, according to data from Morningstar Thailand as of 9 February 2026, two Thai equity funds managed by TISCO Asset Management – TISCO High Dividend Equity Fund Class A (TISCOHD-A) and TISCO Dividend Select Equity Thailand ESG Fund (Class A) (TDSThaiESG – A) – delivered the highest returns in the industry.
Regarding funds’ past performances, TISCOHD-A delivered YTD 6.91%; 3 months 11.23%; 6 months 10.36%; 1 year 25.02%; 3 years 8.28% per annum; 5 years 8.23% per annum; 7 years 7.60% per annum; and 10 years 8.83% per annum. Meanwhile, TDSThaiESG – A delivered YTD 12.22%; 3 months 14.33%; 6 months 9.55%; 1 year 23.78%. As for TDSThaiESG – D, it delivered YTD 12.22%; 3 months 14.33%; 6 months 9.55%; 1 year 23.78%; and since inception, 11.82% per annum.
