NBP Income Plan – I

NBP Income Plan – I

Investment Objective of the Plan:

To provide income enhancement and preservation of capital by investing in bank deposits and Income Funds Managed by NBP Fund Management Limited.

Key Benefits

  • Withdraw anytime without Penalty or Profit Reduction (Taxes Apply)
  • Optional Life & Accidental Insurance/Takaful Coverage of up to Rs. 50 Lacs which doubles your payout Amount (Terms & Conditions apply)

Choose this Plan if you want to

  • Attractive Returns as compared to peers & other investment avenues
Fund Facts
Launch date 10th January 2023
Category Open End Fund of Fund Scheme
Risk Profile Medium / Principal at medium risk
Dealing Days & Cut Off Time (Monday-Friday) 09:00 A.M. to 05:30 P.M
Benchmark The benchmark of NBP Income Plan – I shall be 6 Month KIBOR
Management Fees On amount invested in NBP Funds, no additional Fee, cash in bank account up to 1% p.a.
0.01% p.a. of average net assets
Pricing Mechanism Forward Pricing
Front End Load 0% to 3%
Asset Management Rating AM1 by PACRA (Very High Quality)

Category: Open End Fund of Fund Scheme; Risk profile /Risk of Principal Erosion: Medium/Principal at medium risk. The plan is managed under NBP Income Fund of Fund. Risk Disclaimer: All Investments in mutual Fund are subject to market risks. The investors are advised in their own interest to carefully read the contents of the Offering Document, in particular the Investment Policies mentioned in clause 2, Risk Factors mentioned in clause 2.8, taxation policies mentioned in clause 7 and warnings in clause 9 before making any investment decision. NBP Fund Management Limited or any of its sales representative cannot guarantee preservation / protection of capital and / or expected returns / profit on investments. The use of the name and logo of National Bank of Pakistan does not mean that it is responsible for the liabilities/ obligations of the Company (NBP Fund Management Limited) or any investment scheme managed by it.