NBP Government Securities Liquid Fund

Investors earned 13.9% p.a profit in July 2022*

NBP Government Securities Liquid Fund

Investors earned 13.9% p.a profit in July 2022*

Investment Objective

NBP Government Securities Liquid Fund (NGSLF) aims to generate an optimal return with minimum risk, to provide easy liquidity and a reasonable income to its unitholders by investing primarily in short-term Government Securities.

About the Fund

NBP Government Securities Liquid Fund (NGSLF) is an open-ended money market fund providing its investors regular profits as compared to other savings options. By investing exclusively in short term Government Securities and bank deposits, NGSLF provides an exceptionally low-risk profile as well as high liquidity, making it the perfect investment option for your short-term savings.

Benefits At a Glance

  • Better profits compared to other saving options.
  • Perfect investment avenue to invest your short term Savings
  • Low-interest rate risk with less than 90 days weighted average maturity
  • Professional Management of your savings
  • No- Lock-in period, withdraw investment at any point without any penalty
  • Optional Life and Accidental Insurance Coverage of up to Rs. 50 Lacs (Terms & Conditions Apply).
  • Transfer up to 50 Lacs in just 45 minutes to your bank account via Swift Pay (Terms & Conditions Apply)
  • Instantly transfer up to Rs. 2 Lacs to any bank account through E-Banking Services (Terms & Conditions Apply)

Choose this fund if you want to

  • Invest for the short term
  • Earn attractive & regular profit stream
  • Invest in short term Government Securities
  • Keep your investment liquid – No Lock In period
Fund Facts
Launch date May 15, 2009
Category Open End Money Market Fund
Fund Size Rs. 1,006 million as at 31st December 2021
Dealing Time Click here to view
Risk Profile/Risk Erosion Very Low/Principal at very low risk
Management fees 1% of Net Income (Min 0.2% p.a., Max 1.0% p.a.) w.e.f 27-Oct-20.
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 “AAA (f)” by PACRA
Benchmark 70% 3 Month PKRV & 30% average 3 Month deposit rates of three AA rated banks as selected by MUFAP
Minimum Subscription Growth Unit – Rs.10,000/-
Income Unit – Rs.100,000/-
Fund Manager Salman Ahmed, CFA
Asset Manager Rating AM1 by PACRA (Very High Quality)

* Benchmark return during July 2022 was 14.2% p.a. Since inception return from 15-May-09 till 31-Jul-22 was 8.9% p.a. vs. benchmark return of 8.7% p.a. Last one year return till 31-Jul-22 was 12.2% p.a vs benchmark return of 9.9% p.a. Returns for fiscal year 2022, 2021, 2020, 2019 and 2018 were 11.5% , 6.4% , 12.5% , 8.5% , 5.3% respectively vs benchmark returns of 9.3% , 6.7% , 11.7% , 8.7% , 5.4% .; 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 (Dec 02, 2022)

NBP GOVERNMENT SECURITIES LIQUID FUND

Offer Price: 10.3622 / Redemption: 10.2464