Toll Free: 0800-20002

NBP Government Securities Liquid Fund

Investors earned 14.2% p.a profit in April 2020*

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).
  • 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. 2,758 million as at 30th April 2020
Dealing Time (Mon-Thurs) 9:00AM to 5:00PM
(Friday) 9:00AM to 5:30PM
(Saturday) 9:00 AM to 1:00 PM
Risk Profile Exceptionally Low
Management fees 3% of Net Income (Min 0.4% p.a., Max 1.00% p.a.)
Load Front End Load: NIL
Back End Load: NIL
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)

* Benchmark return during April 2020 was 9.8% p.a. Since inception return from 15-May-09 till 30-Apr-20 was 8.9% p.a. vs. benchmark return of 8.8% p.a. Last one year return till 30-Apr-20 was 12.9% p.a vs benchmark return of 12.2%p.a. Returns for fiscal year 2019, 2018, 2017, 2016 and 2015 were 8.5% , 5.3% , 7.6% , 5.7% , 8.3% respectively vs benchmark returns of 8.7% , 5.4% , 5.3% , 6.0% , 8.7% .; 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 (Jul 10, 2020)


Offer Price: 10.2232 / Redemption: 10.2232