Income/Money Market Funds
Meezan Rozana Amdani Fund’s objective is to meet liquidity needs of investors by providing investors a daily payout through investment in Shariah Compliant money market instruments.
The Fund shall primarily invests in Shariah Compliant Authorized Investments. It shall be subject to such exposure limits as are specified in the Rules, the Regulations and directives issued by SECP from time to time. The Fund will make daily payout to the unit holders, which will be reinvested.
| FY23 | FY22 | FY21 | FY20 | FY19* | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|---|---|---|
| MRAF | 16.83% | 9.95% | 6.61% | 11.76% | 9.97% | - | - | - | - |
| Benchmark | 6.23% | 3.68% | 3.41% | 5.37% | 3.83% | - | - | - | - |
