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NBP Islamic Stock Fund (NISF) aims to provide investors with long term capital growth from an actively managed portfolio of Shariah Compliant listed equities.
NBP Islamic Stock Fund, as an open-ended Shariah Compliant Equity Fund, offers the perfect opportunity to invest and tap into the long-term high profits offered by the Pakistani stock market in a Shariah-compliant manner.
The Fund is professionally managed by dedicated Fund Managers who, backed by the experienced research team of NBP Funds, identify and invest your savings actively in equities of high potential sectors and shares inline with the investment policy approved by the Shariah Supervisory Board.
You can invest your long-term savings in this Fund to capitalize on the high returns of the Stock Market without worrying about constantly managing your investments. Moreover, large pool of investment reduces the overall risk through diversification.
|Launch date||January 9, 2015|
|Category||Open End Shariah Compliant Equity Fund|
|Fund Size||Rs. 4,750 million as at 30th April 2020|
|Management Fees||1.5% per annum|
|Dealing Time|| (Mon-Thurs) 9:00AM to 4:30 PM
(Friday) 9:00AM to 5:00 PM
|Load||Front End Load (Individual): 3%, On investment above Rs. 101 million = Nil
Front End Load (Other):3% On investment above Rs. 50 million = Nil
Back End Load: Nil
|Minimum Investment|| Growth Units – Rs.10,000/-
Income Units – Rs.100,000/-
|Listing||Pakistan Stock Exchange|
|Fund Manager||Sajjad Anwar, CFA|
|Asset Management Rating||AM1 by PACRA (Very High Quality)|
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 the investment policies and the risks involved.
Offer Price: 10.0461 / Redemption: 9.7167