Features of NITIFTF
- Better Shariah compliant returns compared to other saving options
- Fully Shariah-compliant investment portfolio
- Low Wakalah Fee (Management Fee)
- Managed by Experienced Fund Managers
- Diversified risk exposure
- No Minimum Holding Period
- No Penalty on Withdrawal
- Easy Encashment
- E-Transaction Facility (Including Raast Platform)
Risk Meter
Fund Facts
Plan Name
NIT Islamic Fixed Term Fund Plan I
Fund Category
Fixed Rate/Return Fund
Asset Manager
National Investment Trust Limited
Investment Objective
The objective of the Plan is to provide a promised rate of return to the Unit Holders at maturity by investing in Shariah compliant fixed income securities.
Subscription Period
October 22, 2026 to October 28, 2026
Launch Date
October 29, 2026
Profit Distribution
At Maturity of the Plan
Management Fee (% per annum)
Up to 1.00% p.a.
Front-End Load
Nil (no front-end load)
Contingent Load
Early withdrawal shall be subject to contingent load. Contingent load shall be commensurate with the net loss incurred due to early redemption and shall be made part of the Investment Plan property.
Auditor
BDO Ebrahim & Co, Chartered Accountants
Trustee
Central Depository Company of Pakistan Ltd.
Promised Expected Return
11.9% – 12.1% p.a.
Plan Maturity
Up to 12 months
Minimum Investment Amount
Rs. 100,000
| S.No | Authorized Investment Avenues | Entity Rating | Maximum Exposure | Minimum Exposure | Time to Maturity |
|---|---|---|---|---|---|
| 1 | Cash at bank with Islamic Banks or Islamic windows of Conventional Banks. | AA | 100% | 0% | Within or up to maturity date of the Plan* |
| 2 | Shariah compliant bank deposits and placements, including Islamic Term Deposit Receipts (I-TDRs), Shariah compliant Certificates of Deposit (COD), Certificates of Musharakah (COM) and other placements of Islamic banks or windows of conventional banks, Islamic financial institutions and DFIs. | AA | 100% | 0% | Within or up to maturity date of the Plan* |
| 3 | Shariah compliant GOP issued/guaranteed securities. | N/A | 100% | 0% | N/A |
- Expected return at maturity.
- Moderate risk product; suitable for investors looking for a fixed-term investment horizon of up to 12 months.
- No front-end load.
- Investment in the IPO shall not be redeemed.
- This term sheet is developed to reflect the basic features of the Plan and is not intended to be used as a substitute for the Fund's Offering Document.
- The maturity of the placement shall not exceed that of the Plan.
- Subscription of the Plan will be subject to availability of the underlying security. Where the required amount is not invested or fully invested through primary / secondary market purchase at the desired level, NIT would accept participation on a pro-rata basis in the Plan, while returning the remaining amount to the investor. Further, where the entry participation does not materialize, the Management Company shall return the entire amount to the participant.
Risk Disclaimer: All investments in mutual funds are subject to market risk. The NAV of Units may go down or up based on the market conditions and there are no guaranteed returns. The investors are advised in their own interest to carefully read the contents of the Offering Document, in particular the Investment Policy mentioned in clause 2, Risk Factors mentioned in clause 2.4, 'Variance Pooler' mentioned in Clause 7 and 'Wantage' in Clause 9 before making any investment decision.
Offering Documents
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Fund FMR
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Consolidated FMR
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Trust Deed
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