The objective of NBP Islamic Government Securities Plan – III is to provide attractive returns by investing primarily in Shariah Compliant Government Securities.
| Fund Facts | |
|---|---|
| Launch Date | January 19, 2024 |
| Plan Category | Open End Shariah Compliant Income Scheme |
| Benchmark | Benchmark of NBP Islamic Government Securities Plan – III shall be Average of 6 months of PKISRV Rates |
| Risk Profile/Risk of Principal Erosion | Medium/Principal at Medium Risk |
| Minimum Investment Amount | Rs. 10,000 & above |
| Sales Load | Up to 3% |
| Back-End Load | 0% |
| Management Fee | Up to 2% of the average daily net asset value of the scheme. |
| Dealing Days | During Subscription period: Monday to Friday 9 AM to 5:30 PM During life of plan: Monday to Friday 9 AM to 2 PM |
| Auditors | A.F. Ferguson & Co, Chartered Accountants |
| Fund Manager | Salman Ahmed, CFA |
| Fund Stability Rating | AA(f) by PACRA |
| Asset Manager Rating | AM1 by PARCA (Very High Quality) |
The plan is managed under NBP Islamic Government Securities Fund-I. Risk Disclaimer: All Investments in mutual Fund are subject to market risks. The investors are advised in their own interest to carefully read the contents of the Offering Document and/or supplemental offering document, in particular the Investment Policies mentioned in clause 2, Risk Factors mentioned in clause 2.4, taxation policies mentioned in clause 7 and warnings in clause 9 before making any investment decision. NBP Fund Management Limited (NBP Funds) or any of its sales representative do not offer or issue or assume any guarantee for the protection/preservation of the principal investment or any return on such investment, and the investment portfolio/plan is subject to market and other risk. 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.