Tax rates are for FY 2023-24; *Benefits eligible for annual taxable income (as per Income Tax Ordinance 2001) other than gross salary are assumed at 45% of annual gross salary. **Voluntary Pension Schemes (VPS) / Pension Funds: Investment amount eligible for tax credit is up to 20% of taxable income. Pre-mature withdrawal from Pension Fund is subject to tax. Lump sum withdrawal in excess of 50% at or after retirement age will be subject to tax; Taxation: Please refer to the Income Tax Ordinance 2001, Section 63,and Clause 23 A of Part 1 of Second Schedule to understand the Tax Law fully and the terms and conditions that apply. ***As per Income Tax Ordinance 2001, VPS participants can redeem 50% of contribution Tax Free after the retirement or 25 years of first contribution, the remaining 50% will be taxed at average rate of last 3 Years Tax return. Disclaimer: All investments in Mutual Funds and Pension Funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Documents of the Funds to understand the investment policies and risk involved. NBP Funds or any of its sales representative cannot guarantee preservation / protection of capital and / or expected returns / profit on investments. The use of the name and logo of National Bank of Pakistan does not mean that it is responsible for the liabilities/ obligations of the Company (NBP Fund Management Limited) or any investment scheme managed by it.