Income Funds

Meezan Government Securities Plan – I (MGSP-I) managed under
Meezan Government Securities Fund

Investment Objective

The Investment Objective of the plan is to generate a competitive return with moderate risk, by investing primarily in Shariah Compliant Government Securities and placements/deposits with Islamic Banks and licensed Islamic Banking Windows of Conventional Banks.

Investment Policy

• The Investment Plan will be actively allocated between authorized investable avenues.
• The Asset Management Company may, from time to time, change the allocations in the authorized investable avenues based on the Fund Manager’s outlook for the asset classes.

Benefits at a Glance

  • Competitive Halal Returns
  • Good avenue for medium term investors
  • Stability through Shariah-compliant government investments

Choose this Fund If You Are Seeking

  • Want to avoid volatility of the stock market
  • Want to seek exposure to Islamic Sovereign Instruments

Fund Facts

Fund Type

Open End

Fund Category

Income

Launch Date

3rd July, 2026

Benchmark

90% six months PKISRV rates + 10% six (6) months average of the highest rates on savings account of three (3) AA rated Scheduled Islamic Banks or Islamic Windows of Conventional Banks as selected by MUFAP

Risk Profile

Moderate

Unit Types

Growth and Income

Management Fee

Up to 1.5%

of net assets

Actual Rate of Management Fee

The actual rate of management fee on the basis of Net Assets shall be disclosed in the FMR & in the Financial Statements.

Front End Load

Up to 1%

Back End Load

Nil

Trustee

CDC

Central Depository Company Pakistan Limited

Listing

PSX

Pakistan Stock Exchange

Fund Manager

Faizan Saleem

Asset Manager Rating

AM1

by VIS & PACRA

Initial / Subsequent Investment

Rs. 5,000 / Rs. 1,000

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Fund Performance

FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15
MSF 12.00% 21.89% 15.37% 8.27% 7.65% 11.17% 7.02% 2.57% 6.57% 5.12% 6.81%
Benchmark 13.16% 18.95% 6.06% 3.34% 3.71% 7.93% 7.15% 4.96% 4.65% 4.49% 6.24%