Daily Price
Price Valid For 20 Nov 2024
NIT-MMF
Sale
10.4525
Repurchase
10.4525
Features of NIT-MMF
- Competitive Returns
- Lowest Management Fee
- Professional fund management expertise
- Risk diversification
Risk Meter
Fund Facts
Fund Type
Open-End
Category
Money Market
Risk Profile
Low
Fund Stability Rating
AAA (f) (PACRA) as of 09th March 23
Minimum Investment
Initial Amount: PKR 1,000 Subsequent Amount: PKR 500
Par Value
Rs. 10/-
Transaction Charges
Front-End Load: NIL Back-End Load: NIL
Management Fee
5.0% of Gross Earnings, subject to a floor of 0.25% and cap of 0.75% p.a. of Average Annual Net Assets.
Pricing Mechanism
Backward
Benchmark
70% three (3) months PKRV rates + 30% three (3) months average deposit rate of three (3) AA rated scheduled Banks as selected by MUFAP
5 Years Performance Period
| Performance period | NIT-MMF(%) | Benchmark(%) |
|---|---|---|
| FY20 | 12.51% | 11.64% |
| FY21 | 6.80% | 6.70% |
| FY22 | 10.79% | 9.28% |
| FY23 | 17.98% | 17.01% |
| 2024 | 22.72% | 20.98% |
Offering Documents
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Fund FMR
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Consolidated FMR
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Trust Deed
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