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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. 1,340 million as at 31st October 2020|
|Category||Open End – Asset Allocation Fund|
|Dealing Time||Click here to view|
|Risk Profile/Risk Erosion||Medium/Principal at Medium risk|
|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||Load with Life Insurance:
Amount Up to Rs. 5 million: 3%
Amount over and above Rs. 5 million: 1% (Nil if greater than 50 million)
|Load without Life Insurance:
1% (Nil if greater than 50 million)
|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 October 31, 2020. Since inception return from 20-Aug-10 till 31-Oct-20 was 13.4% p.a. vs. benchmark return of 9.2% p.a. Last one year return till 31-Oct-20 was 15.0% p.a vs benchmark return of 14.4%p.a. Returns for fiscal year 2020, 2019, 2018, 2017 and 2016 were 8.2% , -8.7% , -6.8% , 29.9% , 7.6% respectively vs benchmark returns of 10.8% , -3.9% , -2.8% , 14.2% , 6.2% .; 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: 16.8675 / Redemption: 16.3144