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NBP Islamic Stock Fund

(Formerly NAFA Islamic Stock Fund)
Benefit from the long term growth of the stock market in an islamic way

Investment Objective

NBP Islamic Stock Fund (NISF) aims to provide investors with long term capital growth from an actively managed portfolio of Shariah Compliant listed equities.

About the Fund

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.

Benefits At a Glance

  • Perfect long-term investment avenue to grow your savings by tapping into the high return of the Stock Market
  • Professional Management of your savings by experienced Fund Managers with a proven track record
  • Under the supervision of Shariah Supervisory Board including Dr. Imran Ashraf Usmani, Mufti Muhammad Naveed Alam & Mufti Ehsan Waquar.
  • Large investment pool of the fund offers the benefit of diversification.
  • No- Lock-in period, withdraw investment at any point without any penalty
  • Optional Life and Accidental Takaful 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

  • Grow your long-term saving in a Shariah compliant way
  • Tap into the long-term high profits of the stock market
  • Don’t want to worry about managing your stock market investments
  • Let professional Fund Managers take care of your savings
Fund Facts
Launch date January 9, 2015
Category Open End Shariah Compliant Equity Fund
Risk Profile High
Fund Size Rs 3,627 million as at 31st July 2019
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
Benchmark KMI-30 Index
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.

FUND PRICES-NAV (Oct 22, 2019)

NBP ISLAMIC STOCK FUND (FORMERLY: NAFA ISLAMIC STOCK FUND)

Offer Price: 9.2602 / Redemption: 8.9566