NBP Savings Fund aims to earn a competitive rate of return while preserving capital to the extent possible by investing in liquid assets.
NBP Savings Fund (NBP-SF) is an open-ended income fund in which you earn profits over your idle cash savings. The fund offers attractive profits compared to other saving avenues and has no lock in period – you can withdraw your savings whenever you want without penalty or any profit reduction. Your savings in this fund are invested in Money Market instruments, Bank Deposits and other fixed income securities.
This makes NBP-SF a perfect saving solution for your short-term savings, allowing you to earn profit with immediate access to your savings at all times.
| Fund Facts | |
|---|---|
| Launch date | March 28, 2008 |
| Category | Open End Income Fund |
| Risk Profile/Risk Erosion | Moderate/Principal at Moderate Risk |
| Fund Size | 6,329 Million as of June 30, 2024 |
| Dealing Time | Click here to view |
| Minimum Investment | Initial Investment: Rs. 1,000/- Subsequent Investment: Rs. 100/- |
| Management fees | 3.4% of Net Income (Min: 0.5% p.a. of Net Assets, Max 1.0% p.a. of Net Assets) w.e.f 14-March-24. 0.73% p.a. of average net assets during the month |
| Load | 0% to 3% |
| Fund Stability Rating | “A+ (f)” by PACRA |
| Benchmark | 6-Month KIBOR |
| Fund Manager | Salman Ahmed, CFA |
| Asset Manager Rating | AM1 by PACRA (Very High Quality) |
* Benchmark return during June 2024 was 20.3% p.a. Since inception return from 28-Mar-08 till 30-Jun-24 was 7.3% p.a. vs. benchmark return of 11.2% p.a. Last one year return till 30-Jun-24 was 22.1% p.a vs benchmark return of 21.9% p.a. Returns for fiscal year 2023, 2022, 2021, 2020 and 2019 were 16.4% , 9.4% , 6.6% , 12.1% , 9.3% respectively vs benchmark returns of 18.3% , 10.8% , 7.4% , 12.2% , 10.2% .; Disclaimer: 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 investment policies and the risks involved. The scheme holds certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and Financial Statements. The reported returns may include provisioning and reversal of provisioning against some debt securities.
Offer Price: 10.2971 / Redemption: 9.9537
| Daily Dividend Announcement | ||||
|---|---|---|---|---|
| Fund Name | Date | Per Unit Dividend (Rs.) | ||
| NBP SAVINGS FUND | 05-Jul-2024 | 0.0001 | ||
| NBP SAVINGS FUND | 04-Jul-2024 | 0.0001 | ||
| NBP SAVINGS FUND | 03-Jul-2024 | 0.0001 | ||
| NBP SAVINGS FUND | 02-Jul-2024 | 0.0001 | ||
| NBP SAVINGS FUND | 28-Jun-2024 | 0.0059 | ||
| NBP SAVINGS FUND | 27-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 26-Jun-2024 | 0.0056 | ||
| NBP SAVINGS FUND | 25-Jun-2024 | 0.0056 | ||
| NBP SAVINGS FUND | 24-Jun-2024 | 0.0056 | ||
| NBP SAVINGS FUND | 21-Jun-2024 | 0.0055 | ||
| NBP SAVINGS FUND | 20-Jun-2024 | 0.0055 | ||
| NBP SAVINGS FUND | 14-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 13-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 12-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 11-Jun-2024 | 0.006 | ||
| NBP SAVINGS FUND | 10-Jun-2024 | 0.0058 | ||
| NBP SAVINGS FUND | 07-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 06-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 05-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 04-Jun-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 03-Jun-2024 | 0.0058 | ||
| NBP SAVINGS FUND | 31-May-2024 | 0.0056 | ||
| NBP SAVINGS FUND | 30-May-2024 | 0.0069 | ||
| NBP SAVINGS FUND | 29-May-2024 | 0.0056 | ||
| NBP SAVINGS FUND | 27-May-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 24-May-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 23-May-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 22-May-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 21-May-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 20-May-2024 | 0.0058 | ||
| NBP SAVINGS FUND | 17-May-2024 | 0.0057 | ||
| NBP SAVINGS FUND | 16-May-2024 | 0.0117 | ||
| NBP SAVINGS FUND | 15-May-2024 | 0.1087 | ||
| NBP SAVINGS FUND | 26-Apr-2024 | 1.739 | ||
| NBP SAVINGS FUND | 21-Jun-2023 | 1.5377 | ||
| NBP SAVINGS FUND | 24-Jun-2022 | 0.8941 | ||
| NBP SAVINGS FUND | 23-Jun-2021 | 0.6320 | ||
| NBP SAVINGS FUND | 24-Jun-2020 | 1.1669 | ||
| NBP SAVINGS FUND | 24-Jun-2019 | 0.8911 | ||