NBP Income Opportunity Fund (NIOF) seeks maximum possible preservation of capital and a reasonable rate of return via investing primarily in Money Market and Debt securities having a good credit rating and liquidity.
NIOF is a short to medium term investment option with better profit than standard savings options and no lock-in period, perfect for investing your savings and meeting your goals.
NIOF provides you with both reasonable profits and low risk by having no direct exposure to stocks and investing primarily in Money Market and Debt securities such as Government Bonds and TFC’s, which have good credit ratings and liquidity.
| Fund Facts | |
|---|---|
| Launch date | April 21, 2006 |
| Category | Open End Income Fund |
| Risk Profile/Risk Erosion | Medium/Principal at Medium risk |
| Fund Size | 10,714 Million as of March 31, 2026 |
| Dealing Time | Click here to view |
| Minimum Investment | Growth units – Rs.10,000/- Income units – Rs.100,000/- |
| Management fees | Upto 1.50% per annum basis of the average daily net assets |
| Load | |
| Load with Life Insurance: Amount upto Rs.5 million: 0% to 3%, Amount over and above Rs.5 million: 0% to 1%. | |
| Load under Health Takaful Plan: Amount upto Rs. 4 million: 0% to 3%, Amount over and above Rs.4 million: 0% to 1%. | |
| Fund Stability Rating | “A+ (f)” by PARCA |
| Old Benchmark | 6-Month KIBOR |
| New Benchmark | 75% six (6) months KIBOR + 25% six (6) months average of the highest rates on savings accounts of three (3) AA rated scheduled Banks as selected by MUFAP (w.e.f January 01, 2025) |
| Fund Manager | Salman Ahmed, CFA |
| Asset Manager Rating | AM1 by PARCA (Very High Quality) |
* Benchmark return during March 2026 was 10.5% p.a. Since inception return from 21-Apr-06 till 31-Mar-26 was 10.1% p.a. vs. benchmark return of 11.3% p.a. Last one year return till 31-Mar-26 was 15.5% p.a vs benchmark return of 10.6% p.a. Returns for fiscal year 2025, 2024, 2023, 2022, and 2021 were 18.1% , 21.4% , 15.9% , 9.9% , 7.8% respectively vs benchmark returns of 13.8% , 21.9% , 18.3% , 10.8% , 7.4% .; Disclaimer: All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Document to understand investment policies and the risks involved. The scheme holds certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and Financial Statements. The reported returns may include provisioning and reversal of provisioning against some debt securities.
Offer Price: 12.4051 / Redemption: 12.2641