Toll Free: 0800-20002

NAFA Islamic Principal Protected Fund – I

Halal Munafa - Mehfoz Surmaya (Fund Closed)

NAFA Islamic Principal Protected Fund – I

Halal Munafa - Mehfoz Surmaya (Fund Closed)

Investment Objective

NAFA Islamic Principal Protected Fund-I (NIPPF – I) aims to earn a potentially high return through dynamic asset allocation between Shariah compliant Equities and Money Market investment avenues while providing principal protection.

About the Plan

NAFA Islamic Principal Protected Fund – I is a Shariah-compliant Principal Protected Fund, which aims to grow the value of your investments over the long term in approved Shariah Compliant Equity and Money Market instruments while preserving your capital at the initial Maturity of two years and beyond. This product is the perfect investment solution for investors who want to seek capital appreciation that adheres to Shariah principles along with principal protection.

The Fund dynamically allocates between the Equity Component and Money Market Component based on proven strategies of our experienced Fund Managers. A greater proportion of assets is allocated to equity in the case where the Stock Market is rising, while allocation to the Money Market Component will generally increase if the equity markets decline. Thus your money investment receives both upside potentials with downside protection.

Key Benefits

  • Preservation of Capital at the maturity of the plan
  • Professional management of your savings by expert Fund Managers with a proven track record
  • Tax savings as per the Income Tax Ordinance, 2001.
  • No-Lock in period-withdraw your investment at any point without penalty
  • Under the supervision of Shariah Advisory board including Dr. Imran Ashraf Usmani, Mufti Muhammad Naveed Alam & Mufti Ehsan Waquar.
  • Free accidental takaful coverage of up to Rs. 10 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

Fund Facts
Launch date March 5th , 2014
Category Open Ended Shariah Compliant Capital Protected Fund
Risk Profile Low
Minimum Investment PKR Rs.10,000/-
Benchmark Daily weighted return of KMI-30 index & Islamic Bank Deposits based on Fund’s ctual allocation.
Maturity The initial Maturity of the Fund is two (2) years from the commencement of the Life of the Fund. However, the duration of the Fund is perpetual.
Capital Preservation At the Initial Maturity Date and thereafter.
Management Fees Equity component: 2% p.a. 
Others: 12% of net income (min 0.5% p.a., max 1.0% p.a.)
Structuring Fee – Upfront 3% – One time in the perpetual life of the Fund
Early Exit Fee NIL
Fund Manager Sajjad Anwar, CFA
Asset Manager Rating AM1 by PACRA (Very High Quality)


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. Capital protection only applies to unit holders who hold their investments until initial maturity of two years.