Income Funds

Meezan Islamic Income Fund

Meezan Sehl Account Plan

Investment Objective

The investment objective of the Plan is to meet liquidity needs of investors by providing investors with a 24/7 access to their invested funds through investment in Shariah Compliant Fixed Income and money market instruments.

Key Benefits

  • Attractive Halal returns as compared to other investment avenues
  • Low Risk Product; suitable for investors looking for short to medium term investment horizon
  • No Front-End Load
  • 30 years track record of managing your investments
Note: Low Risk means Risk of Principal Erosion is Low.
Low Risk

Benefits at a Glance

  • Digital convenience of participation through telcos
  • 24/7 and instant transactions
  • Safe and flexible for micro investors

Choose this Fund If You Are Seeking

  • Round-the-Clock Access to Your Funds
  • A Shariah-Compliant Low-Risk Option
  • An Easy and Paperless Investment Journey
  • A Safe Place to Park Surplus Cash
  • Cost-Efficient Saving
  • Micro-Investment Flexibility

Fund Facts

Fund Type

Open End

Fund Category

Income

Launch Date

19th June, 2023

Fund Size

0.23 Bn

as on May 31st, 2026

Benchmark

6 Months

75% six (6) months PKISRV rates + 25% six (6) months average of the highest rates on saving account of three (3) AA rated scheduled Islamic Banks or Islamic windows of Conventional Banks as selected by MUFAP.

Risk Profile

Low

Unit Types

Growth

Management Fee

Up to 1.5%

Actual Rate of Management Fee

1.5%

of net assets

Front End Load

Nil

Back End Load

Nil

Trustee

CDC

Central Depository Company of Pakistan Limited

Listing

PSX

Pakistan Stock Exchange

Fund Manager

Faizan Saleem

Asset Manager Rating

AM1

Initial / Subsequent Investment

Rs. 1,000 / Rs. 500

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FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16
MSHP 20.21% 8.72% - - - - - - -
Benchmark 10.10% 7.08% - - - - - - -