Wedding Plan

Wedding Plan

Wedding Plan

Weddings are a grand tradition in Pakistan and a major milestone in your children’s life. The rising cost of living due to inflation has made “weddings” a big financial challenge for parents. This major milestone of life can be made memorable if planned carefully. Thus, early financial planning is crucial for meeting these expenses easily.

Don’t know where to start? Wedding Plan is your perfect solution to plan for the big day.

Why choose Wedding 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 optional life and accidental Takaful Coverage of up tp Rs. 50 Lacs (Terms & Conditions Apply)
  • Withdraw your investment at any time without penalty (Taxes apply)

Kiya Ap Nay Socha Hay?

Today is perfect, but what about tomorrow?

COST OF WEDDING TODAY VS TOMORROW ( At 7% Inflation P.A. )
Current Expenses After 10 Years After 15 Years After 20 Years
Rs. 10 Lac Rs. 19.75 Lacs Rs. 27.6 Lacs Rs. 38.7 Lacs
Rs. 20 Lac Rs. 39.3 Lacs Rs. 55.2 Lacs Rs. 77.4 Lacs
Rs. 30 Lac Rs. 59 Lacs Rs. 82.8 Lacs Rs. 1.2 Crore

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 Savings Plan
Initial Investment Rs. 100,000
Regular Investment Minimum of Rs. 1,000
Investment Frequency Monthly, Quarterly, Bi-annual or Annual
Front End Load 3%(as specified in the respective offering documents of the Underlying Funds)
Plan Tenure Options Based on your needs
Early Withdrawal Any time without any penalty (Taxes apply)

Optional 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 11 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 Tahaffuz Plan (NTP) 0% Moderate 25.0 Lacs 1.32 Crore
NBP Munafa Plan (NMP) Up to 30% Medium 34.4 Lacs 1.51 Crore
NBP Mutawazan Plan (NMTP) Up to 50% Medium 41.8 Lacs 1.66 Crore
NBP Izafa Plan (NIP) Up to 100% High 63.4 Lacs 2.04 Crore

**Benchmark performance of Rs. 10 Lacs invested for 11 Years: NSTP 22.5 Lacs, NSMP 24.9 Lacs, NMSP 26.4 Lacs, NSIP 29.2 Lacs.
***Benchmark performance of Rs. 10 Lacs invested & Rs. 50,000 invested per month for 11 Years: NTP 1.28 Crore, NMP 1.28 Crore, NMTP 1.28 Crore, NIP 1.27 Crore.

Risk profile/ Risk of principal erosion: (NTP) Moderate/Principal at Moderate Risk. (NMP) and (NMTP) Medium/Principal at Medium Risk. (NIP) High/Principal at High Risk; *Performance of underlying funds based on the strategy plans is as follows NTP: 100% NMAF, NMP:70% NMAF and NSF 30%, NMTP:50% NMAF and 50% NSF, NIP: 100% NSF. NMAF: NBP MAHANA AMDANI FUND. Fund Rating: AA-(f) by PACRA. Fund Category: Open-end – Income Fund. Risk profile/ Risk of principal erosion: Moderate/Principal at Moderate Risk. NSF: NBP STOCK FUND. Fund Category: Open-end – Equity Fund. Risk profile/ Risk of principal erosion: High/Principal at High Risk.; The above quoted returns contains impact of SWWF reversal during the financial year of 2022, this reversal of provision has contributed towards an unusual increase in NAV of NBP MAHANA AMDANI FUND and NBP STOCK FUND. This is one-off event and is not likely to be repeated in the future. 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. 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.