NBP Islamic Regular Income Fund

NBP Islamic Regular Income Fund

Investment Objective

The objective of the Fund is to provide regular payments to investors by investing in Shariah Compliant Debt, Money Market & Equity investment avenues.

About the Fund

NBP Islamic Regular Income Fund (NIRIF) is a Shariah Compliant Asset Allocation Fund that caters the needs of those investors who require a regular stream of income to meet monthly expenses while also growing their investments, through the payment of regular dividend.

The Fund dynamically invests in Shariah Compliant low risk Fixed Income securities and high return stocks. Making use of our experienced and dedicated research team to capitalize on market conditions, the fund offers upside potential of Shariah Compliant stocks while minimizing the downside risk, while providing you with a regular income/dividend stream. With a moderate risk profile and no penalty on withdrawal, NARPF is the perfect solution for your financial goals.

Benefits At a Glance

  • Perfect moderate risk investment solution to help grow your medium to long-term savings
  • Under the supervision of Shariah Supervisory Board including Dr. Imran Ashraf Usmani, Mufti Muhammad Naveed Alam & Mufti Ehsan Waquar.
  • Dynamic allocations making it an all-round investment solution
  • Professional management of your savings by expert Fund Managers with a proven track record
  • Large investment pool of Funds offers the benefit of diversification.
  • No- Lock in period-withdraw your investment at any point without penalty
  • Avail up to 20% tax savings on your investment subject to conditions as per section 62 of Income Tax Ordinance 2001.
  • Optional Life and Accidental Takaful Coverage of up to Rs. 50 lacs (Terms & Conditions Apply).

Choose this fund if you want to

  • Invest medium to long term saving in moderate risk solution
  • Enjoy Shariah Complaint return.
  • Let professional Fund Managers take care of your investment in the stock market
  • Don’t want to worry about timing your investments in the stock market
Fund Facts
Launch date October 31, 2018
Fund Size Rs. 127 million as at 30th September 2021
Category Open End – Shariah Compliant Asset Allocation Fund
Dealing Time Click here to view
Risk Profile/Risk Erosion High/Principal at High risk
Management Fees 1.5% per annum (w.e.f 26-July-21)
Benchmark Daily weighted return of KMI-30 Index & 6-month average deposit rates of three A rated Islamic Banks/ Islamic Windows of conventional banks as selected by MUFAF, based on Fund’s actual allocation.
Load 3% (Nil if amount greater than Rs. 50 million)
Minimum Investment Growth Units – Rs.10,000/-
Income Units – Rs.100,000/-
Listing Pakistan Stock Exchange
Asset Management Rating AM1 by PACRA (Very High Quality)
Fund Manager Asim Wahab Khan, CFA

Disclaimer: All investments in mutual funds are subject to market risks.Past performance is not necessarily indicative of future results. Please read the Offering Documents to understand the investment policies and the risk involved.

FUND PRICES-NAV (Sep 30, 2022)


Offer Price: 8.7183 / Redemption: 8.4324