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Education Plan

Rs. 50,000 invested per month in NAFA Islamic Surmaya Izafa Plan grew to around 1.0 Crore in 10 years***

Education Plan

Rs. 50,000 invested per month in NAFA Islamic Surmaya Izafa Plan grew to around 1.0 Crore in 10 years***

Education Plan

Higher education of children is the top most priority for parents, which lays a solid foundation to their bright and secure future. Islam puts considerable emphasis on its followers to acquire education. However, the goal of providing your children with higher education comes at a hefty price due to rising costs. Early financial planning is crucial to turn your children’s dreams into reality.

Don’t know where to start? Education Plan is your perfect solution to fulfill financial commitments for your children’s higher education.

Why choose Education Plan?

  • Helps plan your financial commitments the way you want with easy saving options
  • Allows you to save from your income regularly
  • Grows your savings by investing them smartly as per your chosen strategy
  • Ensures financial security of your loved ones in unforeseen circumstances through built in life and accidental Takaful Coverage of up tp Rs. 50 Lacs (Terms & Conditions Apply)
  • Withdraw your investment at any time without penalty
  • Under the supervision of Shariah Supervisory Board including Dr. Imran Ashraf Usmani, Mufti Muhammad Naveed Alam & Mufti Ehsan Waquar

Kiya Ap Nay Socha Hay?

Today is perfect, but what about tomorrow?

COST OF EDUCATION TODAY VS TOMORROW ( At 7% Inflation P.A. )
Cost of Education Per Month Per Year Cost of Degree (4 Years)
Today Rs. 1 Lacs Rs. 12 Lacs Rs. 48 Lacs
After 10 Years Rs. 2 Lacs Rs. 24 Lacs Rs. 96 Lacs
After 15 Years Rs. 3 Lacs Rs. 36 Lacs Rs. 1.4 Crore
After 20 Years Rs. 4 Lacs Rs. 48 Lacs Rs. 1.9 Crore

Cost includes tuition, accommodation, books and etc.

Saving is just not enough!

Investing in the right place allows your savings to grow to combat increasing costs & meet your goals

Key Facts
Nature of Plan Open-end Shariah Compliant Savings Plan
Initial Investment Rs. 100,000
Regular Investment Minimum of Rs. 5,000
Investment Frequency Monthly, Quarterly, Bi-annual or Annual
Front End Load 3%
Plan Tenure Options Based on your needs
Early Withdrawal Any time without any penalty

Built-in Takaful Feature (Terms & Conditions apply)
Takaful Coverage Life and accidental death coverage
Sum Covered Net investment value or a maximum of Rs. 5 million
Applicable Premium Rates & Coverage 0.015% per month.
Eligibility for Takaful Min age of 18 years or max age of 65 years
Minimum Investment Value for Eligibility Rs. 80,000
Takaful Operator Jubilee Family Takaful

INVESTMENT STRATEGIES
Saving Plans Stock Market Exposure Risk Profile Last 10 Year Performance of underlying funds*
Value of Initial Investment of Rs. 10 Lacs** Value of Initial Investment of Rs. 10 Lacs & monthly Investment of Rs. 50,000***
NBP Islamic Surmaya Tahaffuz Plan (NISTP) Formerly; NAFA Islamic Surmaya Tahaffuz Plan 0% Moderate 20.9 Lacs 1.09 Crore
NBP Islamic Surmaya Munafa Plan (NISMP) Up to 27% Medium 25.1 Lacs 1.17 Crore
NBP Islamic Mutawazan Surmaya Plan (NIMSP) Formerly; NAFA Islamic Mutawazan Surmaya Plan Up to 45% Medium 28.1 Lacs 1.22 Crore
NBP Islamic Surmaya Izafa Plan (NISIP) Formerly; NAFA Islamic Surmaya Izafa Plan Up to 90% High 36.0 Lacs 1.36 Crore

**Benchmark performance of Rs. 10 Lacs invested for 10 Years: NISTP 16.5 Lacs, NISMP 18.8 Lacs, NIMSP 20.5 Lacs, NISIP 24.8 Lacs.
***Benchmark performance of Rs. 10 Lacs invested & Rs. 50,000 invested per month for 10 Years: NISTP 92 Lacs, NISMP 97 Lacs, NIMSP 1.01 Crore, NISIP 1.10 Crore.

Risk profile/ Risk of principal erosion: (NISTP) Moderate/Principal at Moderate Risk. (NISMP) and (NIMSP) Medium/Principal at Medium Risk. (NISIP) High/Principal at High Risk; *Perfromance of underlying funds based on the strategy plans is as follows NISTP: 100% NRFSF, NISMP:70% NRFSF and NISIF 30%, NIMSP:50% NRFSF and 50% NISIF, NISIP: 100% NISIF. NRFSF: NBP RIBA FREE SAVINGS FUND. Fund Rating: A+ (f) by PACRA. Fund Category: Open-end – Shari’ah Compliant Income. Risk profile/ Risk of principal erosion: Moderate/Principal at Moderate Risk. NISIF: NBP ISLAMIC SARMAYA IZAFA FUND. Fund Category: Open-end – Shari’ah Compliant Asset Allocation. Risk profile/ Risk of principal erosion: High/Principal at High Risk.; Note: Performance shown is of the underlying funds as on September 30, 2021, based on dividend reinvestment gross of withholding Taxes, excluding cost of front end load. The performance reported is net of Management Fee and all other expenses. Taxes apply as per current income tax law; 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 investment policies and the risks involved. The underlying scheme holds certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and Financial Statements. The reported returns may include provisioning and reversal of provisioning against some debt securities. NBP Funds will play a facilitating role by assisting the insured or the nominee in claim processing. NBP Funds or any of its sales representative cannot guarantee preservation / protection of capital and / or expected returns / profit on investments.