What is the new ASB and ASB2 investment limit for individuals?

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The maximum individual investment limit for Amanah Saham Bumiputera (ASB) and ASB2 has been increased to RM300,000.

This adjustment signifies a substantial rise from the previous RM200,000 cap. The announcement was made by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz during the tabling of Budget 2023.
Increased Investment Ceiling

The revised limit means individual investors can now hold up to RM300,000 in ASB and ASB2 units. This represents an increase of RM100,000 from the prior maximum holding.
Budget 2023 Announcement

This policy change was formally disclosed by the Finance Minister as part of the broader Budget 2023 initiatives. The budget's theme was stated as "Keluarga Malaysia, Makmur Bersama."
Financial Support for Investment

In conjunction with the increased limit, Bank Simpanan Nasional (BSN) will offer financing facilities. These loans aim to assist Bumiputera individuals from the B40 income group to invest in ASB, with loan rates set at 1.5 per cent for a RM100,000 fund.

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What is the new ASB and ASB2 investment limit for individuals?

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