Mutual Funds Association of Pakistan (MUFAP) is the trade body for Pakistan's multi billion rupees asset management industry. The money our members manage is in a wide variety of investment vehicles including stocks, bonds, money market instruments, government securities and bank deposits. Our role is to ensure transparency, high ethical conduct and growth of the mutual fund industry.

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Expense Ratios

Report Date: Oct 19, 2024

Report Time: 02 : 27 : 28 AM
Open End Schemes Dedicated Equity Funds Voluntary Pension Funds Exchange Traded Fund (ETF) KP Govt Employees Pension Funds
Fund Name Sub Fund Category Inception Date NAV TER%* MF%* S&M%* Validity Date
ABL Asset Management Company Limited
ABL Islamic Pension Fund VPS-Shariah Compliant Debt Aug 20, 2014 187.5949 2.47 1.50 - Jun 07, 2024
ABL Islamic Pension Fund VPS-Shariah Compliant Equity Aug 20, 2014 287.0102 3.57 1.50 - Jun 07, 2024
ABL Islamic Pension Fund VPS-Shariah Compliant Money Market Aug 20, 2014 186.6408 2.16 1.50 - Jun 07, 2024
ABL Pension Fund VPS-Debt Aug 20, 2014 289.8171 2.18 1.50 - Jun 07, 2024
ABL Pension Fund VPS-Equity Aug 20, 2014 270.2795 3.61 1.50 - Jun 07, 2024
ABL Pension Fund VPS-Money Market Aug 20, 2014 226.0654 2.12 1.50 - Jun 07, 2024
AL Habib Asset Management Limited
AL Habib Islamic Pension Fund VPS-Shariah Compliant Debt Sep 05, 2022 138.2362 1.32 0.80 - Jun 07, 2024
AL Habib Islamic Pension Fund VPS-Shariah Compliant Equity Sep 05, 2022 206.2126 2.38 0.79 - Jun 07, 2024
AL Habib Islamic Pension Fund VPS-Shariah Compliant Money Market Sep 05, 2022 135.6855 1.23 0.78 - Jun 07, 2024
AL Habib Pension Fund VPS-Debt Jun 30, 2022 142.8365 1.32 0.77 - Jun 07, 2024
AL Habib Pension Fund VPS-Equity Jun 30, 2022 203.7997 2.03 0.87 - Jun 07, 2024
AL Habib Pension Fund VPS-Money Market Jun 30, 2022 141.8935 1.16 0.75 - Jun 07, 2024
Al Meezan Investment Management Limited
Meezan Tahaffuz Pension Fund VPS-Shariah Compliant Commodities / Gold Aug 04, 2016 316.3232 2.75 1.50 - Jun 06, 2024
Meezan Tahaffuz Pension Fund VPS-Shariah Compliant Debt Jun 28, 2007 415.6666 1.56 0.50 - Jun 07, 2024
Meezan Tahaffuz Pension Fund VPS-Shariah Compliant Equity Jun 28, 2007 827.1864 3.52 1.50 - Jun 07, 2024
Meezan Tahaffuz Pension Fund VPS-Shariah Compliant Money Market Jun 28, 2007 409.0021 2.75 0.50 - Jun 07, 2024
Alfalah Asset Management Limited (Formerly: Alfalah GHP Investment Management Limited)
Alfalah GHP Islamic Pension Fund VPS-Shariah Compliant Debt Nov 08, 2016 168.1080 1.04 0.54 - Jun 07, 2024
Alfalah GHP Islamic Pension Fund VPS-Shariah Compliant Equity Nov 08, 2016 150.5659 3.89 1.75 - Jun 07, 2024
Alfalah GHP Islamic Pension Fund VPS-Shariah Compliant Money Market Nov 08, 2016 177.3521 1.09 0.60 - Jun 07, 2024
Alfalah GHP Pension Fund VPS-Debt Nov 08, 2016 192.5308 1.05 0.56 - Jun 07, 2024
Alfalah GHP Pension Fund VPS-Equity Nov 08, 2016 143.5193 3.81 1.75 - Jun 07, 2024
Alfalah GHP Pension Fund VPS-Money Market Nov 08, 2016 201.1929 0.99 0.48 - Jun 07, 2024
Atlas Asset Management Limited
Atlas Pension Fund VPS-Debt Jun 28, 2007 507.0500 0.58 0.25 - Jun 14, 2024
Atlas Pension Fund VPS-Equity Jun 28, 2007 1,061.9300 1.91 1.50 - Jun 14, 2024
Atlas Pension Fund VPS-Money Market Jun 28, 2007 477.7100 0.49 0.20 - Jun 14, 2024
Atlas Pension Islamic Fund VPS-Shariah Compliant Debt Nov 06, 2007 379.4700 0.60 0.25 - Jun 14, 2024
Atlas Pension Islamic Fund VPS-Shariah Compliant Equity Nov 06, 2007 1,261.8800 1.93 1.50 - Jun 14, 2024
Atlas Pension Islamic Fund VPS-Shariah Compliant Money Market Nov 06, 2007 407.5300 0.53 0.20 - Jun 14, 2024
Faysal Asset Management Limited
Faysal Islamic Pension Fund VPS-Shariah Compliant Debt Oct 05, 2021 144.4388 1.09 0.50 - Jun 07, 2024
Faysal Islamic Pension Fund VPS-Shariah Compliant Equity Oct 05, 2021 166.6537 4.04 1.00 - Jun 07, 2024
Faysal Islamic Pension Fund VPS-Shariah Compliant Money Market Oct 05, 2021 147.0262 0.67 0.50 - Jun 07, 2024
Faysal Pension Fund VPS-Debt Oct 05, 2021 141.6528 1.24 0.50 - Jun 07, 2024
Faysal Pension Fund VPS-Equity Oct 05, 2021 163.6825 4.21 1.00 - Jun 07, 2024
Faysal Pension Fund VPS-Money Market Oct 05, 2021 144.6003 0.89 0.50 - Jun 07, 2024
HBL Asset Management Limited
HBL Islamic Pension Fund VPS-Shariah Compliant Debt Dec 15, 2011 264.6241 1.35 0.55 - Jun 07, 2024
HBL Islamic Pension Fund VPS-Shariah Compliant Equity Dec 15, 2011 544.1183 3.65 1.00 - Jun 07, 2024
HBL Islamic Pension Fund VPS-Shariah Compliant Money Market Dec 15, 2011 257.1225 1.25 0.55 - Jun 07, 2024
HBL Pension Fund VPS-Debt Dec 15, 2011 336.5000 1.61 0.90 - Jun 07, 2024
HBL Pension Fund VPS-Equity Dec 15, 2011 489.4564 3.30 1.00 - Jun 07, 2024
HBL Pension Fund VPS-Money Market Dec 15, 2011 292.4469 1.58 0.90 - Jun 07, 2024
JS Investments Limited
JS Islamic Pension Savings Fund VPS-Shariah Compliant Debt Mar 17, 2008 355.0200 2.13 1.00 - Jun 07, 2024
JS Islamic Pension Savings Fund VPS-Shariah Compliant Equity Mar 17, 2008 1,000.6900 3.20 1.50 - Jun 07, 2024
JS Islamic Pension Savings Fund VPS-Shariah Compliant Money Market Mar 17, 2008 329.8700 0.96 0.50 - Jun 07, 2024
JS Pension Savings Fund VPS-Debt Jun 25, 2007 472.1300 1.55 1.50 - Jun 08, 2024
JS Pension Savings Fund VPS-Equity Jun 25, 2007 725.5900 3.12 1.50 - Jun 09, 2024
JS Pension Savings Fund VPS-Money Market Jun 25, 2007 390.4600 0.87 0.50 - Jun 07, 2024
MCB Investment Management Limited (Formerly: MCB-Arif Habib Savings and Investments Limited)
Alhamra Islamic Pension Fund VPS-Shariah Compliant Debt Nov 02, 2007 358.9900 1.51 1.15 - Jun 08, 2024
Alhamra Islamic Pension Fund VPS-Shariah Compliant Equity Nov 02, 2007 978.9300 0.39 0.15 - Jun 08, 2024
Alhamra Islamic Pension Fund VPS-Shariah Compliant Money Market Nov 02, 2007 331.5800 1.34 1.00 - Jun 08, 2024
Pakistan Pension Fund VPS-Debt Jun 27, 2007 493.9700 1.64 1.30 - Jun 08, 2024
Pakistan Pension Fund VPS-Equity Jun 27, 2007 911.1400 0.35 0.15 - Jun 08, 2024
Pakistan Pension Fund VPS-Money Market Jun 27, 2007 438.4200 1.48 1.15 - Jun 08, 2024
National Investment Trust Limited
NIT Islamic Pension Fund VPS-Shariah Compliant Debt Jun 19, 2015 20.6486 0.91 0.50 - Jun 07, 2024
NIT Islamic Pension Fund VPS-Shariah Compliant Equity Jun 19, 2015 16.1372 1.51 0.75 - Jun 07, 2024
NIT Islamic Pension Fund VPS-Shariah Compliant Money Market Jun 19, 2015 20.6735 0.86 0.50 - Jun 07, 2024
NIT Pension Fund VPS-Commodities / Gold Jun 19, 2015 27.8570 0.97 0.50 - Jun 04, 2024
NIT Pension Fund VPS-Debt Jun 19, 2015 23.0400 0.88 0.50 - Jun 07, 2024
NIT Pension Fund VPS-Equity Jun 19, 2015 15.3282 1.54 0.75 - Jun 07, 2024
NIT Pension Fund VPS-Money Market Jun 19, 2015 22.9539 0.83 0.50 - Jun 07, 2024
NBP Fund Management Limited
NAFA Islamic Pension Fund VPS-Shariah Compliant Debt Jul 02, 2013 237.2429 1.49 1.02 - Jun 07, 2024
NAFA Islamic Pension Fund VPS-Shariah Compliant Equity Jul 02, 2013 527.5370 2.10 1.50 - Jun 07, 2024
NAFA Islamic Pension Fund VPS-Shariah Compliant Money Market Jul 02, 2013 242.2759 1.05 0.67 - Jun 07, 2024
NAFA Pension Fund VPS-Debt Jul 02, 2013 308.3912 1.49 1.02 - Jun 07, 2024
NAFA Pension Fund VPS-Equity Jul 02, 2013 549.4010 2.11 1.50 - Jun 07, 2024
NAFA Pension Fund VPS-Money Market Jul 02, 2013 268.8235 1.41 1.00 - Jun 07, 2024
Pak-Qatar Family Takaful Limited
Pak Qatar Islamic Pension Fund VPS-Shariah Compliant Debt Dec 01, 2022 130.6191 2.76 1.50 - Jun 12, 2024
Pak Qatar Islamic Pension Fund VPS-Shariah Compliant Equity Dec 01, 2022 158.8969 2.51 1.50 - Jun 12, 2024
Pak Qatar Islamic Pension Fund VPS-Shariah Compliant Money Market Dec 01, 2022 130.0679 2.46 1.50 - Jun 12, 2024
UBL Fund Managers Limited
Al Ameen Islamic Retirement Savings Fund VPS-Shariah Compliant Debt May 19, 2010 300.7581 2.32 1.35 - Jun 11, 2024
Al Ameen Islamic Retirement Savings Fund VPS-Shariah Compliant Equity May 19, 2010 1,195.1157 1.86 1.24 - Jun 11, 2024
Al Ameen Islamic Retirement Savings Fund VPS-Shariah Compliant Money Market May 19, 2010 290.3969 1.96 1.42 - Jun 11, 2024
UBL Retirement Saving Fund VPS-Commodities / Gold Apr 21, 2014 219.6501 5.98 0.60 - Jun 09, 2024
UBL Retirement Saving Fund VPS-Debt May 19, 2010 429.5253 1.80 1.25 - Jun 09, 2024
UBL Retirement Saving Fund VPS-Equity May 19, 2010 1,335.3147 1.88 1.33 - Jun 09, 2024
UBL Retirement Saving Fund VPS-Money Market May 19, 2010 340.9888 1.69 1.25 - Jun 09, 2024


**TER:Total Expense Ratio.,**MF: Management Fee as percentage of net assets., **S&M: Selling and Marketing expenses as percentage of net assets.

Trustees Details
Trustee Code Trustee Name Trustee Address
CDC Central Depository Company of Pakistan Ltd (CDC) CDC House, 99-B, Block ‘B’, S.M.C.H.S., Main Shahra-e-Faisal, Karachi Tel: (92-21) 111-111-500 Fax: (92-21) 34326031
DCC Digital Custodian Company (Formerly: MCB Financial Services Limited) 4th Floor, Perdesi House, 2/1 R-Y, Old Queens Road, Karachi. 74200, Pakistan. Tel: (92-21) 32419770 Fax: (92-21) 32416371