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NBP Government Securities Savings Fund

(Formerly; NAFA Government Securities Savings Fund)
Investors earned 9.1% p.a profit in January 2020*

Investment Objective

NBP Government Securities Savings Fund (NGSSF) has the objective of providing competitive return from portfolio of low credit risk by investing primarily in Government Securities.

About the Fund

NGSSF is an open-ended income fund that provides you with competitive returns over the short to medium term with no lock-in period, making it a great investment option to invest your short-medium term savings.

NGSSF invests at least 70% of your money in Government Securities, such as PIB’s and T-Bills, which has no credit risk. The Fund with no lock in period provides you with both high liquidity and low risk and is an attractive solution for your investment needs.

Benefits at a Glance

  • Better profits compared to other saving options
  • Low credit risk as investment done in government securities
  • Invest your savings to meet your medium-long term goals smartly.
  • 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
  • Avail up to 20% tax savings on your investment subject to conditions as per section 62 of Income Tax Ordinance 2001
  • Free accidental insurance coverage of up to Rs. 10 lacs (Terms & Conditions Apply).
  • No Back End Load

Choose this fund if you want to

  • Invest for the short to medium term
  • Invest in Government Securities with no credit risk
  • Profit from a regular income stream
  • Keep your money liquid
Fund Facts
Launch dateJuly 10, 2014
CategoryOpen End Income Fund
Risk ProfileLow
Fund SizeRs 583 million as at 31st January 2020
Dealing Time(Mon-Thurs) 9:00AM to 5:00PM
(Friday) 9:00AM to 5:30PM
(Saturday) 9:00AM to 1:00PM
Minimum InvestmentGrowth units – Rs.10,000/-
Income units – Rs.100,000/-
Management fees1.5% of Net Income (Min 0.2% p.a., Max 1.0% p.a.)
LoadFront End Load (Individual): 1% without life insurance, 3% with life insurance
Nil on investment above Rs. 26 million
Front End Load (Other):1% (Nil on investment above Rs. 16 million)
Back End load: Nil
Fund Stability Rating“AA- (f)” by PACRA
Benchmark6-Month PKRV
Fund ManagerMuhammad Ali Bhabha, CFA, FRM
Asset Manager RatingAM1 by PACRA (Very High Quality)

* Benchmark return during January 2020 was 13.3% p.a. Since inception return from 10-Jul-14 till 31-Jan-20 was 8.8% p.a. vs. benchmark return of 8.1% p.a. Last one year return till 31-Jan-20 was 13.8% p.a vs benchmark return of 12.6%p.a. Returns for fiscal year 2019, 2018, 2017 and 2016 were 7.8% , 5.0% , 5.8% , 6.5% respectively vs benchmark returns of 9.9% , 6.2% , 5.9% , 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 Document to understand investment policies and the risks involved.

FUND PRICES-NAV (Apr 03, 2020)


Offer Price: 10.5408 / Redemption: 10.4230