NBP Financial Sector Income Fund

Investors earned 20.5% p.a profit in May 2024*

NBP Financial Sector Income Fund

Investors earned 20.5% p.a profit in May 2024*

Investment Objective

NBP Financial Sector Income Fund (NFSIF) aims to provide income enhancement and preservation of capital by investing in prime quality Financial Sector TFCs/Sukuks, Bank deposits and short-term Money Market instruments.

About the Fund

NFSIF is a unique investment solution that provides better profits compared to standard saving options by investing primarily in Financial Sector Debt instruments, and bank deposits.

The Financial Sector represents industries such as Banks, other Financial Institutions, Insurance Companies etc. Investing in such industries not only has low risk because they are heavily regulated but also offer attractive profit rates on instruments issued by them. By investing a minimum of 70% of its assets in such financial sector instrument with no lock-in period, NFSIF is a great investment solution for investors.

Benefits at a Glance

  • Better profits compared to other saving options
  • No Lock-in period, withdraw investment at any point without any penalty
  • Professional management of your savings by expert Fund Managers with a proven track record
  • Optional Life and Accidental Insurance Coverage of up to Rs. 50 lacs (Terms & Conditions Apply).
  • No Back End Load

Choose this fund if you want to

  • Invest in Financial Sector fixed income securities
  • Attractive returns compared to other saving schemes
  • Keep your investment liquid, Withdrawl at any time without penalty.
Fund Facts
Launch date October 28, 2011
Category Open End Income Fund
Fund Size 58,891 Million as of May 31st, 2024
Risk Profile/Risk Erosion Medium/Principal at Medium risk
Stability Rating ‘A+(f)’ by PACRA
Management fees 5.2% of net income (Min 0.50% p.a – Max 1.50% p.a.) w.e.f March 25, 2024
1.11% p.a. of average net assets during the month
Benchmark 6-Month KIBOR
Dealing Time Click here to view
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%.
Minimum Investment Growth units – Rs.10,000/-
Income units – Rs.100,000/-
Listing Pakistan Stock Exchange
Fund Manager Salman Ahmed, CFA
Asset Manager Rating AM1 by PARCA (Very High Quality)

* Benchmark return during May 2024 was 21.4% p.a. Since inception return from 28-Oct-11 till 31-May-24 was 10.9% p.a. vs. benchmark return of 10.4% p.a. Last one year return till 31-May-24 was 23.2% p.a vs benchmark return of 22.0% p.a. Returns for fiscal year 2023, 2022, 2021, 2020 and 2019 were 18.4% , 10.7% , 7.8% , 13.5% , 9.3% respectively vs benchmark returns of 18.3% , 10.8% , 7.4% , 12.2% , 10.2% .; 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


FUND PRICES-NAV (Jun 14, 2024)


Offer Price: 11.0625 / Redemption: 10.9389