The Investment Objective of the Plan is to provide Investors with a competitive rate of return
Investment Strategy
The allocation plans under this fund shall primarily invest in Islamic Fixed Income instruments as per their respective authorized investible avenues, and as approved by the Shariah Advisor. The allocation plans under this fund shall be subject to such exposure limits as are specified in the Rules, the Regulations and directives issued by SECP from time to time.
Key Benefits
Attractive Halal returns as compared to other investment avenues
No Front-End Load
Track record of 30 years of managing your investments
Fund Facts
Fund Type
Open End
Fund Category
Income
Launch Date
26th Apr, 2024
Fund Size
1.84 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
Moderate
Unit Types
Growth and Income
Management Fee
1.50%
Actual Rate of Management Fee
1.50%
Front End Load
Nil
Bank 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. 200,000
Fund Performance
FY25
FY24*
FY23
FY22
FY21
FY20
FY19
FY18
FY17
FY16
MSSP
12.75%
18.86%
-
-
-
-
-
-
-
-
Benchmark
10.37%
11.04%
-
-
-
-
-
-
-
-
* 65 Days of Operations
Open your ‘Investment Account’ wherever you are, whenever you want!