NBP Fund Management Limited
A Mutual Fund is a professionally managed pool of money from like-minded investors. It invests the money in a diversified portfolio of securities, through various schemes that address the needs of investors.
The securities a mutual fund invests in is based on the investment objective of a particular fund. Such objective is clearly laid down in the Offering Document for each fund.
The Fund adds value to the investment in two ways income earned and any capital appreciation realized through sale. This is shared by unit holders in proportion to the number of units they own.
Yes, we offer Shariah Compliant investment options across all our mutual fund categories.
There are many benefits of investing in Mutual Funds including:
Investment can be done in 5 easy steps:
For full details, please see our dedicated page.
Yes, all Funds managed by NBP Funds Money Market and Income Funds are assigned a credit stability rating by PARCA.
Please refer to each Fund’s specific product page to view their individual rating.
Open-ended Fund: Available for subscription throughout the year. Investors can conveniently buy and sell units of the Funds from the Asset Management Company (AMC) at the related prices commonly known as Net Asset Value (NAV).
Close-ended Fund: Open for subscription only during a specified period. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the Stock Exchanges where they are listed.
NBP Funds manages open-ended schemes categorized into following Investment Objectives:
All the above-mentioned Mutual Fund schemes can either be managed in conventional manner or in a Shariah compliant portfolio depending on Investor's preference.
The basic difference is in the manner in which investment in the units of a Fund is redeemed.
Capital gain arising from disposal/ redemption of securities (including Mutual Funds) shall be chargeable to tax at the rates specified in Division VII of Part 1 the First Schedule of Income Tax Ordinance, 2001.
|Rate of withholding of capital gain tax|
|Investor Category||Stock Fund*||Other Funds|
|Individual & AOP||10%||10%|
|Company (Other than Insurance & Banks)||10%||10%|
At present, Tax on dividends from Mutual Funds will be withheld @ 15% from investors other than Insurance Companies and Banks. Please refer First Schedule of the Income Tax Ordinance, 2001 for comprehensive understanding.
Yes. The following procedure will be followed:
NBP Funds uses a wide variety of market representative benchmarks to judge the performance of its Funds. For information on the specific benchmarks used for each fund, please see the individual fund’s product page.
Front end sales Load is variable across our product line. Please view individual product pages for fund specific Front-End Load information.
No, NBP Funds does not charge any Back-End Load on its products.