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NBP Mahana Amdani Fund

Mahana Amdani, Har Maheenay Kay Akhir Main Investors earned 7.6% p.a profit in July 2020*


Investment Objective

NBP Mahana Amdani Fund seeks to minimize risk, preserve capital and generate a reasonable return along with a high degree of liquidity from a portfolio primarily constituted of Bank Deposits and Money Market instruments.

About the Fund

Are you looking for ways to boost your monthly income? Whether you are retired or working, there has never been a better time to make more money through a second source of income. The increasing cost of living has turned meeting monthly expenses into a big challenge.

Therefore, NBP Funds presents to you “NBP Mahana Amdani Fund”, an Income Fund, which puts your hard-earned money to work and earn Mahana Amdani for you to meet your monthly expenses. The fund invests primarily in money market instruments, bank deposits, MTS and Government securities as well.

Benefits At a Glance

  • Better profits compared to other saving options.
  • Mahana amdani transferd to your bank account at month end.
  • Professional management of your savings by expert Fund Managers with a proven track record.
  • Withdraw your investment at any time without penalty or profit reduction.
  • Save upto 20% of your taxes subject to condition as per action 62 of income tax ordinance, 2001.
  • Avail Optional Life and Accidental Insurance Coverage of up to Rs. 50 Lacs (Terms & Conditions Apply).

Choose this fund if you want to

  • Earn Mahana Amdani / Regular income on your savings
  • Preserve your savings and keep them liquid
  • Be able to withdraw your investment any time without penalty or profit reduction
Fund Facts
Launch date November 21, 2009
Category Open End Income Fund
Risk Profile/Risk Erosion Low/Principal at low risk
Fund Size Rs. 3,986 million as at 31st July 2020
Dealing Time Click here to view
Minimum Investment Growth units – Rs.1,000/-
Income units – Rs.100,000/-
Management fees 6% of net income (min 0.5% p.a., max 1.50% p.a.)
Load Load with Life Insurance:
Amount Up to Rs. 5 million: 3%
Amount over and above Rs. 5 million: 1% (Nil if greater than 50 million)
Load without Life Insurance:
1% (Nil if greater than 50 million)
Fund Stability Rating “AA- (f)” by PARCA
Benchmark 6-Month KIBOR
Fund Manager Muhammad Ali Bhabha, CFA, FRM
Asset Manager Rating AM1 by PARCA (Very High Quality)

* Benchmark return during July 2020 was 6.8% p.a. Since inception return from 21-Nov-09 till 31-Jul-20 was 8.9% p.a. vs. benchmark return of 7.7% p.a. Last one year return till 31-Jul-20 was 12.5% p.a vs benchmark return of 11.7%p.a. Returns for fiscal year 2020, 2019, 2018, 2017 and 2016 were 12.9% , 9.1% , 5.4% , 8.1% , 6.3% respectively vs benchmark returns of 12.2% , 10.2% , 6.3% , 5.8% , 4.7% .; 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 (Sep 18, 2020)

NBP MAHANA AMDANI FUND

Offer Price: 10.4687 / Redemption: 10.3517