NBP Government Securities Savings Fund

Investors earned 15.7% p.a profit in February 2024*

NBP Government Securities Savings Fund

Investors earned 15.7% p.a profit in February 2024*

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
  • 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 date July 10, 2014
Category Open End Income Fund
Risk Profile/Risk Erosion Medium/Principal at Medium risk
Fund Size Rs 5,101 million as at 29th February 2024
Dealing Time Click here to view
Minimum Investment Growth units – Rs.10,000/-
Income units – Rs.100,000/-
Management fees 1.5% of Net Income (min: 0.2% p.a., max: 1.0% p.a.) w.e.f. 12-Jul-19. 0.33% p.a. of average net assets during the month.
Load
Load with Life Insurance: Amount upto Rs.5 million: 3%, Amount over and above Rs.5 million and up to Rs.25 million: 1%, Amount exceeding Rs.25 million, load will be charged on Rs.5 million: 3%
Load under Health Takaful Plan: Amount upto Rs. 4 million: 3%, Amount over and above Rs.4 million and up to Rs.25 million: 1%, Amount exceeding Rs.25 million, load will be charged on Rs. 4 million: 3%
Others: 1% (Nil if greater than 25 million)
Fund Stability Rating “AA- (f)” by PACRA
Benchmark 6-Month PKRV
Fund Manager Salman Ahmed, CFA
Asset Manager Rating AM1 by PACRA (Very High Quality)

* Benchmark return during February 2024 was 21.3% p.a. Since inception return from 10-Jul-14 till 29-Feb-24 was 11.0% p.a. vs. benchmark return of 10.4% p.a. Last one year return till 29-Feb-24 was 22.2% p.a vs benchmark return of 21.9% p.a. Returns for fiscal year 2023, 2022, 2021, 2020 and 2019 were 17.1% , 10.3% , 5.3% , 21.2% , 7.8% respectively vs benchmark returns of 18.1% , 10.7% , 7.3% , 12.1% .; 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 19, 2024)

NBP GOVERNMENT SECURITIES SAVINGS FUND

Offer Price: 11.2171 / Redemption: 11.0918