Equity Funds
Al Meezan Mutual Fund’s objective is to optimize the total investment returns, both capital gains and dividend income, through prudent investment management.
AMMF is a Shariah Complaint open end equity fund which primarily invests in equities.
The Fund shall be subject to exposure limits as specified in the Regulations and SECP’s directives.
The remaining Net Assets shall be invested in cash and or near cash instruments which include cash in bank accounts (excluding TDRs). For this purpose, funds will be placed only with scheduled Islamic Banks and windows of scheduled Islamic Banks with minimum rating A- (A minus) or as per the directions of SECP from time to time.
| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|---|---|---|
| AMMF | -0.28% | -10.91% | 32.51% | 3.09% | -24.40% | -16.50% | 23.00% | 15.50% | 22.00% |
| Benchmark | 2.88% | -10.25% | 39.32% | 1.62% | -23.80% | -9.60% | 18.80% | 15.50% | 20.10% |
