NBP Government Securities Liquid Fund

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)
Avail up to 20% tax savings on your investment subject to conditions as per section 62 of Income Tax Ordinance 2001

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. 2,062 million as at 31^st October 2020
Dealing Time	Click here to view
Risk Profile/Risk Erosion	Very Low/Principal at very low risk
Management fees	3% of Net Income (Min 0.4% p.a., Max 1.00% 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 25 million)
Load	Load without Life Insurance: 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	Muhammad Ali Bhabha, CFA, FRM
Asset Manager Rating	AM1 by PACRA (Very High Quality)

Value Added Services

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* Benchmark return during October 2020 was 6.6% p.a. Since inception return from 15-May-09 till 31-Oct-20 was 8.8% p.a. vs. benchmark return of 8.7% p.a. Last one year return till 31-Oct-20 was 10.1% p.a vs benchmark return of 9.7%p.a. Returns for fiscal year 2020, 2019, 2018, 2017 and 2016 were 12.5% , 8.5% , 5.3% , 7.6% , 5.7% respectively vs benchmark returns of 11.7% , 8.7% , 5.4% , 5.3% , 6.0% .; 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.