NBP Islamic Mahana Amdani Fund

NBP Islamic Mahana Amdani Fund

Committee bhool jaien aur NBP Islamic Mahana Amdani Fund
main invest karain!

NBP Funds presents to you “NBP Islamic Mahana Amdani Fund”, a Shariah Complaint Income Fund, which puts your hard-earned money to work and earn Mahana Amdani for you. The fund invests in highly liquid, low-risk Shariah-compliant fixed income securities such as bank deposits and Shariah compliant Debt instruments.

Benefits at a Glance

Mahana Payment transfered to your Bank Account at month end

ATM/DEBIT Card and Online Banking Facility**

Optional Life Takaful Coverage of up to Rs. 50 Lacs**

Save up to 20% of your Taxes***

Under Supervision of Shari’ah Advisory Board

Withdraw anytime without Penalty or Profit Reduction (taxes apply)

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    Risk Profile/Risk of principal erosion: Medium/ Principal at medium risk; Category: Shari’ah Compliant Income Fund; Fund Stability Rating: A(f) by PACRA; Fund size; Rs 1,376 Crore as on 30 September 2021; Since inception annualized return from Oct 6th 2018 to September 30 2021 is 9.1% p.a. vs benchmark return of 4.6% p.a. Last one year return ending 30 September 2021 was 7.0% p.a. vs benchmark 3.2% p.a. Return of NIMAF in fiscal year 2021 & 2020 was 6.5% & 11.3% respectively and benchmark was 3.6 & 6.3% respectively; *Benchmark: 6 month average deposit rate of three A rated Islamic Banks/Islamic Windows of Conventional Banks as selected by MUFAP; The above quoted returns contain impact of SWWF reversal during the financial year 2022, this reversal of provision has contributed towards an unusual increase in NAV of NBP ISLAMIC MAHANA AMDANI FUND. This is one-off event and is not likely to be repeated in the future. Note: Performance is net of management fee and all other expenses based on dividend reinvestment and gross of withholding taxes where applicable, Excluding cost of front end load. Taxes Apply; **Terms & Conditions apply; ***Subject to conditions as per section 62 of the Income Tax Ordinance, 2001; Disclaimer: All investments in mutual funds are subject to market risk. Past performance is not necessarily indicative of future results. Please read the Offering Documents to understand the 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.