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.
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.
| Fund Facts | |
|---|---|
| Launch date | November 21, 2009 |
| Category | Open End Income Fund |
| Risk Profile/Risk Erosion | Moderate/Principal at Moderate risk |
| Fund Size | Rs. 5,287 million as at 30th June 2021 |
| Dealing Time | Click here to view |
| Minimum Investment | Growth units – Rs.1,000/- Income units – Rs.100,000/- |
| Management fees | 1% of Net Income (Min 0.15% p.a., Max 1.0% p.a.) 0.18% 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.50 million: 1%, Amount exceeding Rs.50 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.50 million: 1%, Amount exceeding Rs.50 million, load will be charged on Rs. 4 million: 3% | |
| Others: 1% (Nil if greater than 50 million) | |
| Fund Stability Rating | “AA- (f)” by PARCA |
| Benchmark | 6-Month KIBOR |
| Fund Manager | Salman Ahmed, CFA |
| Asset Manager Rating | AM1 by PARCA (Very High Quality) |
* Benchmark return during June 2021 was 7.7% p.a. Since inception return from 21-Nov-09 till 30-Jun-21 was 8.8% p.a. vs. benchmark return of 7.7% p.a. Last one year return till 30-Jun-21 was 7.2% p.a vs benchmark return of 7.4%p.a. Returns for fiscal year 2021, 2020, 2019, 2018 and 2017 were 7.2% , 12.9% , 9.1% , 5.4% , 8.1% respectively vs benchmark returns of 7.4% , 12.2% , 10.2% , 6.3% , 5.8% .; 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.
Offer Price: 10.4953 / Redemption: 10.3780