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Alfalah Islamic Stable Return Plan – II Fund

Secure your future with stable Halal returns
Return Type

0%

NAV

0.0

Offer Price

0

Redemption Price

0

Applicable date

-

Disclaimer
*One Month Annualized Return as of 30 June, 2024 based on NAV to NAV with dividend reinvestment, Benchmark return: 11.22% Fund Stability Rating: Not Rated. Fund Category: FIxed Rate / Return Scheme. For Funds’ categories, returns (including any unusual performance), ratings and other information, please read the latest Fund Manager Report. This publication is for informational purposes only and nothing herein should be construed as a solicitation, recommendation, or an offer to buy or sell any fund. All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the Offering Document to understand the investment policies and risks involved. All returns are calculated assuming reinvested dividends. Performance data does not include the cost incurred directly by an investor in the form of sales load etc.
Funds Rating:
NA

Characteristics

Cash Management
Cash Management

Ideal for cash management in a Shariah compliant manner

High Liquid
High Liquid

The fund invest in Cash and Near Cash Securities

High Quality Govt and Corporate Debt Securities
High Quality Govt and Corporate Debt Securities

Exposure to Government and high quality corporate debt securities

Low Risk
Low Risk

The fund is suitable for investors with Low Risk appetite

Seasoned Fund Managers
Seasoned Fund Managers

Managed by seasoned fund managers

Stable & Comparative Returns
Stable & Comparative Returns

The fund has a potential of securing stable & comparative returns

Steady Returns
Steady Returns

The fund has a potential of securing Steady Returns

Investment Objective

The investment objective of the Fund is to provide promised return to unit holders at maturity by investing in authorized investable avenues.

Fund Details

Category

FIxed Rate / Return Scheme.

Fund Type

Open Ended

Benchmark

Three (3) months average
deposit rates of three (3) AA rated Islamic
Banks or Islamic windows of Conventional
Banks as selected by MUFAP

Launch Date

March 20, 2024

Pricing

Forward Day

Sales Load

Upto 0%

Risk Profile

Low

Management Fee

Upto 1%

Minimum Initial Investment

PKR 500/-

Minimum Subseq. Investment

PKR 0/-

Trustee

-

Auditor

A.F Ferguson & Co. Pakistan

Listing

Pakistan Stock Exchange

Dealing Days

A.F Ferguson & Co. Pakistan

Cut-off Time

9:00 am - 4:00 pm

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