No Image Found

Introduction

NIT-IEF (Islamic Equity Fund) is an open-end Islamic Equity Fund which invests in Shariah Compliant Listed Equities. Ideally to cater the requirement of those investors, who wish to invest in Shariah Compliant Equities and want to earn Halal, Riba-free returns, as on December 31st, 2019 the portfolio of NIT-IEF carries an investment of Rs. 3.508 billion, invested in over 47 companies. The fund belong to arround 3,662 unit holders

Daily Price

As on 03 Apr 2020
image not found
Sale Repurchase
6.58 6.58




Shariah Advisor

Mufti Zeeshan Abdul Aziz is the Shariah Advisor for NIT-IEF. He is a recognized Shariah Scholar and researcher having strong comprehension of all aspects of Islamic Law and Shariah. He has specialized in Islamic Jurisprudence majoring in Islamic Banking & Finance and is associated with several Islamic Financial Institutions as their Shariah Advisor.


Objective

The objective of the Fund is to provide investors with long term capital growth from an actively managed portfolio of Shariah Compliant listed equities


Benefits of NIT-IEF
image not found
Competitive Returns
image not found
Low Management Fee
image not found
Professional Fund Management Expertise
image not found
Moderate / High Risk

image not found
No Minimum Holding Period
image not found
Ease of Redemption
image not found
No Penalty on withdrawl
image not found
Easy Encashment

Features of NIT-IEF:

  • Competitive Riba-free Returns
  • Portfolio of Shariah Compliant Assets
  • Professional Fund Management Expertise
  • Risk Diversification
  • No Minimum Holding Period

Risk Meter

Image Not Found


Price NAV / History

PLEASE CHOOSE FUND
From Image not Found
To Image not Found




Fund Facts


Fund Type Image Not Found
Open-End


Category Image Not Found
Shariah Compliant (Islamic) Equity


Risk Profile Image Not Found
Moderate / High


Minimum Investment Image Not Found
Initial Amount: PKR 5,000
Subsequent Amount: PKR 5,000


Par Value Image Not Found
Rs. 10/-


Transaction Charges Image Not Found
As per SECP Circular No. 26 of 2015,
no sales load is charged if the investor
approaches directly for investment


Management Fee Image Not Found
2% p.a. on average Net Assets


Pricing Mechanism Image Not Found
Forward Day Pricing
(on the basis of daily NAV)


Benchmark Image Not Found
KMI 30 Index

Offering Documents

PLEASE CHOOSE OFFERING DOCUMENT




Trust Deed

PLEASE CHOOSE OFFERING DOCUMENT



5 Years Performance Period

Performance period FY19 FY18 FY17 FY16 FY15
NIT-IEF -25.43% -16.37% 18.38% 5.78% 2.70%
Benchmark -23.84% -9.59% 18.80% 15.53% 1.98%
Image Not Found

Invest Now

Name Phone
Email City