How much is the increase in the ASB and ASB2 investment limit?

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The maximum investment limit for Amanah Saham Bumiputera (ASB) and ASB2 has been increased by RM100,000 per individual.

The maximum individual investment limit for Amanah Saham Bumiputera (ASB) and ASB2 has been raised to RM300,000. This represents an increase of RM100,000 from the previous limit of RM200,000. This announcement was made by the Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz during the tabling of Budget 2023.
Increased Investment Ceiling Announced

The enhanced investment ceiling for ASB and ASB2 units, allowing individuals to hold up to RM300,000, was a key announcement within Budget 2023. This move aims to provide greater investment opportunities for Bumiputera investors. The previous maximum limit stood at RM200,000.
Financing Facility to Support Investment

In conjunction with the increased limit, Bank Simpanan Nasional (BSN) will offer an accessible financing fund. This fund is specifically designed to assist Bumiputera individuals within the B40 income group to invest in ASB. The financing will be available at a favourable rate of 1.5 per cent for a fund of RM100,000.
Budget 2023 Context

The announcement regarding the ASB and ASB2 investment limit increase was made by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz in the Dewan Rakyat. The budget, themed “Keluarga Malaysia, Makmur Bersama,” outlines various initiatives aimed at economic prosperity and inclusivity for Malaysian families.

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How much is the increase in the ASB and ASB2 investment limit?

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