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Mutual Funds (Collective Investment Schemes) give you affordable access to a wide variety of assets to meet your investment objectives, helping you minimize your risk while maximizing your returns.
Typically mutual funds are managed by a professional fund manager or a team of fund managers.
Achieve diversification across asset classes or sectors with a single investment depending on the fund’s investment objective.
Most mutual funds offer daily subscriptions and redemptions.
Start investing from as low as PKR 50,000/-
Explore Tax benefit on your investments as per the Income Tax Ordinance.
Our Relationship Managers and Investment Advisor are always on hand to provide you with guidance regarding investment opportunities.
Equity Funds seek to maximize returns & provide capital growth by investing primarily in the stock market.
An Income Fund generates competitive returns by investing in TFCs, TDRs, Govy bonds and other income instruments.
These hybrid funds offer diversification by investing in a mix of equity and fixed income securities.
Provide a secure source of savings and regular income post retirement to clients who participate in the fund during their working life
These Plans are of a limited time period, carry a back-end load on early redemption and downside risk protection after redemption
ASSF is an open-ended stock fund which aims to achieve long term capital growth by investing primarily in Shariah compliant equity securities.
Front-End Load: 2.5% of Net Asset Value
Management fee: up to 3% on average daily net assets
Back-End Load: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| -1.9% | -12.3% | 34.00% | 10.40% | -18.40% |
Taxes will be applicable as per current applicable rates
UBL Stock Advantage Fund is an open-ended stock fund which aims to maximize total returns and outperform its benchmark by investing in a combination of securities offering long term capital gains and dividend yield potential.
Front-End Load: 2.5% of Net Asset Value
Management fee: up to 3% on average daily net assets
Back-End Load: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| -0.4% | -11.5% | 31.7% | 4.90% | -16.27% |
Taxes will be applicable as per current applicable rates
AHIIF is a Shariah Compliant Income Scheme whose objective is to generate risk adjusted returns by investing in short, medium and long-term Shariah Compliant Fixed Income instruments. You can explore growth and income options of ALHIIF.
Class A:
Front-End Load: 1.5% of Net Asset Value
Back-End Load: Nil
Class B:
Front-End Load: 0.75% of Net Asset Value
Back-End Load: Within 12 mos: 0.75%, Within 24 mos, 0.5%, Post 24 months: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| 15.56% | 8.93% | 6.51% | 11.63% | 8.24% |
Taxes will be applicable as per current applicable rates
UMMF is a money market fund whose objective is to generate competitive returns within a low-risk portfolio to provide a regular stream of income and easy liquidity to its investors by investing a major chunk of the portfolio in short term government securities.
Front-End Load: 1% of Net Asset Value
Management fee: up to 2% per annum on average daily net assets
Back-End Load: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| 16.4% | 9.4% | 6.3% | 12.1% | 8.5% |
Taxes will be applicable as per current applicable rates
The AHDDF aims at meeting investors’ short to medium term investment requirements. The scheme seeks to provide investors’ a daily dividend through investment in Shariah Compliant instruments.
Front-End Load: 1% of Net Asset Value
Management fee: Up to 20% of the gross earnings
Back-End Load: Nil
Returns as per Fund Manager’s Report:
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| FY23 | FY22 | FY21 | FY20 | FY19 |
| 15.73% | 10.5% | 6.44% | 11.86% | 8.29% |
Taxes will be applicable as per current applicable rates
MSF is a Shariah Compliant Income Fund that aims to provide preservation of capital and a reasonable rate of return to investors via investing primarily in Government Securities.
Front-End Load: 1% of Net Asset Value
Management fee: Up to 0.6% p.a. (min 0.25%)
Back-End Load: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| 15.37% | 8.27% | 7.65% | 11.17% | 7.02% |
Taxes will be applicable as per current applicable rates
AI-Ameen Islamic Asset Allocation Fund provides investors with a portfolio having a variable mix of asset classes. The fund has a provision to diversify its net assets across multiple types of Shariah Compliant securities and investment styles
Front-End Load: 3% of Net Asset Value
Management fee: 2% p.a of Net Asset Value
Back-End Load: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| 7.4% | -0.1% | 17.1% | 9.8% | ‐4.16% |
Taxes will be applicable as per current applicable rates
The investment objective of UAAF is to earn competitive return by investing in money market, fixed income and equity securities based on the market outlook.
Front-End Load: 3% of Net Asset Value
Management fee: 1% p.a of Net Asset Value
Back-End Load: Nil
Returns as per Fund Manager’s Report:
| FY23 | FY22 | FY21 | FY20 | FY19 |
| 7.5% | 0.2% | 16.5% | 11.3% | -1.7% |
Taxes will be applicable as per current applicable rates
Currently there are no products available in this category.
Limited Subscription Plan offers potentially high returns through participation in Equity schemes and protect downside risk of capital through participation in Income/Money Market schemes. Limited Subscription Plans are of a limited time period (generally 2 years or more) and carry a back-end load on early redemption.
Note: Please check with your RM for product availability.
A mutual fund is an investment vehicle that collects money from many investors and invests the collected pool of money in various investment avenues. The fund is managed by experienced professionals, who manage the fund, and monitor its performance on an ongoing basis.
No. Mutual funds are not capital guaranteed; return on mutual funds is also dependent on the nature of the investment and the economic environment.
There is no ideal tenor for holding an investment. However, one should keep in mind their financial requirements, risk appetite and nature of the fund they are invested in.
No. Past performance is no guarantee of a fund’s future performance.
No. SCBPL is only a distributor of these funds as licensed by Securities and Exchange Commission of Pakistan through License to Act as Securities Adviser. SCBPL and its affiliates shall not be held responsible in any manner whatsoever to any person, including but not limited to, the client(s), beneficiary or any third party with respect to the performance of the fund / plan.
Islamic funds are different from conventional funds as their investments are limited to those that comply with Shariah Principles. These funds are carefully monitored by the Fund House’s Shariah Board/Shariah advisor to ensure all aspects of Shariah are adhered to.
You can get your funds back into your account within 7 working days from the date the application is received at the fund house.
A fund’s unit price, Net Asset Value (NAV), is published on the Fund House’s website as well as leading financial newspapers on a daily basis. You may obtain this NAV and multiply it with your number of units to get the current investment value.
Example: NAV is Rs 133.47. Your number of units are 40,000 * Rs 133.47= Rs 5,338,800/-
It is the fee charged by asset management companies (AMCs) for managing funds. It is calculated as a percentage of net assets under management and is typically quoted on an annual basis.
Front-end load is a commission or sales charge applied at the time of the initial purchase of the investment in a mutual fund. It is deducted from the initial investment amount, and as a result, lowers the size of the investment.
A back-end load is a fee that investors pay when selling mutual fund shares. The fee is calculated as a percentage of the value of the shares being sold.
The payment of profits, encashment value is subject to Zakat deduction (if attested copy of CZ-50 is not provided to Fund-House), Withholding Tax and/or Capital Gain Tax where applicable.
The contents of this webpage are for general information only and do not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration. It has not been prepared for any particular person or class of persons and it has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase the product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.
Investments in Mutual Funds / Investment Products are subject to market risks. Past performance should not be taken as a guarantee of future performance and no representation or warranty, express or implied, is made regarding future performance. Please read the Trust Deed and the Offering Document of a Mutual Fund carefully to understand the investment policy of a Mutual Fund and the risks involved. Standard Chartered Bank (Pakistan) Limited is only the ‘Distributor’ of Mutual Funds in Pakistan, as licensed by Securities and Exchange Commission of Pakistan through License to Act as Securities Advisor under license no. SA-31/SA/SCD/2022. This literature constitutes a summary of products and while all reasonable care has been taken in preparing this document, no responsibility is taken by Standard Chartered Bank (Pakistan) Limited for any opinion expressed herein or any liability for any consequences, financial or otherwise, arising from the subscription or acquisition of these products. Investors should make their own appraisal and consult their own financial, legal, taxation and other professional advisors prior to any subscriptions. Any product details/offerings will be shared by Standard Chartered Bank (Pakistan) Limited after conducting Suitability Assessment and Financial Need Analysis of the client.
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