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NBP Sarmaya Izafa Fund – NSIF aims to generate income by investing in debt and money market securities and to generate capital appreciation by investing in equity and equity-related securities.
Not sure where to invest in the stock market? Let our experienced Fund Managers handle it. NBP Sarmaya Izafa Fund is an open-end asset allocation fund which dynamically invests in both low risk fixed income securities and high return stocks.
When the stock market is on the rise, our Fund Managers put a greater proportion of your investment in high potential stocks for capital appreciation. On the other hand, they shift your investments to low risk fixed income securities when the stock market is expected to decline. Hence, the fund has a moderate risk profile offering upside potential of the Stock Market while minimizing the downside risk – making it an all-round investment solution for your medium to long-term savings.
|Launch date||August 20, 2010|
|Fund Size||Rs. 1,498 million as at 31st January 2020|
|Category||Open End – Asset Allocation Fund|
|Dealing Time||(Mon-Thurs) 9:00AM to 4:30PM |
(Friday) 9:00AM to 5:00PM
|Management fees||1.5% per annum|
|Benchmark||Daily weighted return of KSE-30 Total Return Index & 6-month KIBOR based on Fund’s actual allocation.|
|Load||Front End Load (Individual): 3%|
On investment above Rs. 101 million: Nil
Front End Load (Other): 3%
On investment above Rs. 50 million: Nil
Back End Load: Nil
|Minimum Investment||Growth units – Rs.10,000/-|
Income units – Rs.100,000/-
|Listing||Pakistan Stock Exchange|
|Asset Manager Rating||AM1 by PARCA (Very High Quality)|
|Fund Manager||Taha Khan Javed, CFA|
* Ending January 31, 2020. Since inception return from 20-Aug-10 till 31-Jan-20 was 14.7% p.a. vs. benchmark return of 10.2% p.a. Last one year return till 31-Jan-20 was 8.3% p.a vs benchmark return of 13.7%p.a. Returns for fiscal year 2019, 2018, 2017, 2016 and 2015 were -8.7% , -6.8% , 29.9% , 7.6% , 24.6% respectively vs benchmark returns of -3.9% , -2.8% , 14.2% , 6.2% , 9.6% .; Notes: 1) The calculation of performance does not include cost of front end load. 2) Taxes apply. Further, tax credit also available as per section 62 of the Income Tax Ordinance, 2001; Disclaimer: All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Documents to understand the investment policies and the risks involved
Offer Price: 14.5663 / Redemption: 14.0887