Meezan Funds Online
Financial Calculators

Fund of Funds

Meezan Strategic Allocation Fund

Investment Objective

The objective of Meezan Strategic Allocation Fund (MSAF) is to earn potentially high returns through investment as per respective Allocation Plans by investing in Shariah Compliant Fixed Income / Money Market and Equity based Collective Investment Schemes

Investment Strategy

The Allocation Plan(s) under this fund shall primarily invest in Shariah Compliant Islamic Equity and Islamic Index Funds managed by Al Meezan and also other Asset Management Companies subject to prior approval of the Shariah Advisor. Whereas for taking exposure to Fixed Income/Money Market, the plans shall invest in Islamic Money Market and Islamic Fixed Income Funds managed by Al Meezan or other Asset Management Companies as well as in Cash at Bank Accounts of Islamic Banks and licensed Islamic Banking windows of conventional banks (excluding TDRs) as approved by the Shariah Advisor.

Benefits at a Glance

  • Strategy reflective of investor’s risk appetite as market conditions change
  • Professional Management of your savings by experienced fund managers with a proven track record
  • Under the supervision of a reputable Shariah Advisor; Dr. Muhammad Imran Ashraf Usmani

Choose this Fund If You Are Seeking

  • Active Allocation between Equity and Money Market
  • Risk Controlled Strategy

Fund Facts

Fund Type

Open End

Fund Category

Fund of Funds

Launch Date

19th Oct, 2016 (MSAP I)
21-Dec-16 (MSAP II)
16-Feb-17 (MSAP III)
20-Apr-17 (MSAP IV)
10-Aug-17 (MSAP V)

Fund Size

0.41 Bn

as on May 31st, 2026

Benchmark

Combination of KMI-30 Index, 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, and 90% three (3) months PKISRV rates + 10% three (3) 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 on the basis of actual proportion held by the CIS.

Plan Spacific

Medium to High

Unit Types

Growth

Management Fee

1%

if investment is made in CIS of other AMCs or Cash/ near cash instruments

Actual Rate of Management Fee

1%

Management fee of 1% on investments in Cash/ near cash instruments

Front End Load

3%

Back End / Contingent Load

Contingent Load of 3%

if redeemed within one year of close of Initial Subscription Period. Nil after one year

Trustee

CDC

Central Depository Company

Listing

PSX

Pakistan Stock Exchange

Fund Manager

Asif Imtiaz

CFA

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
MSAP-I1 50.05% 48.52% 3.30% -6.25% 26.96% 7.93% -17.10% -12.80% 8.90% - -
Benchmark 33.80% 44.10% 3.60% -7.23% 30.07% 5.99% -16.00% -7.10% 8.10% - -
MSAP-II2 49.59% 49.26% 3.37% -6.61% 26.29% 6.51% -15.90% -12.80% -1.20% - -
Benchmark 31.63% 43.70% 3.51% -7.28% 29.94% 5.37% -16.10% -7.20% -2.80% - -
MSAP-III3 47.14% 48.55% 3.26% -7.41% 27.13% 6.73% -16.10% -13.10% -3.30% - -
Benchmark 32.87% 44.25% 3.66% -7.29% 29.92% 5.41% -16.10% -7.00% -5.00% - -
MSAP-IV4 45.51% 48.28% 2.87% -6.78% 27.49% 6.89% -16.10% -11.90% -3.00% - -
Benchmark 32.88% 44.12% 3.60% -7.29% 30.08% 5.45% -16.10% -6.40% -6.50% - -
MSAP-V5 44.11% 46.72% 2.65% -7.52% 28.25% 6.47% -15.90% -2.50% - - -
Benchmark 32.07% 42.10% 3.72% -7.26% 29.80% 5.91% -16.10% 2.70% - - -
* 1 - 254 days of Operations, 2 - 191 days of Operations, 3 - 134 days of operation, 4 - 71 days of Operations, 5 - 323 days of operation.