NBP Funds Performance Update for April 2022

Strategic Insights -

Karachi's National Bank of Pakistan's (NBP) fund management arm has released its latest performance update for the month of April 2022. The data provided reveals the net asset values (NAVs) and yields for various Shariah-compliant funds, including NBP Islamic Savings Fund, NBP Islamic Mahana Amdani Fund, NBP Mahana Amdani Fund, and others.

Key Takeaways:

  • The NBP Islamic Savings Fund recorded a 10.3235% offer and 10.2081% redemption NAV, indicating a slight increase in its value.
  • The NBP Islamic Mahana Amdani Fund reported a 10.8354% offer and 10.7143% redemption NAV, showing a marginal increase in its NAV.
  • The NBP Mahana Amdani Fund had an offer NAV of 11.0184% and a redemption NAV of 10.8953%, indicating a slight increase in its value.
  • The NBP Islamic Sarmaya Izaafa Fund recorded a 17.4245% offer and 16.8532% redemption NAV, showing a significant increase in its NAV.
  • The NBP Islamic Stock Fund reported an offer NAV of 12.5233% and a redemption NAV of 12.1127%, indicating a slight increase in its value.
  • The NBP Government Securities Liquid Fund had an offer NAV of 10.4167% and a redemption NAV of 10.3003%, showing a marginal increase in its NAV.
  • The NBP Pension Fund's Equity Sub-Fund reported a 367.8343% NAV, while the Debt Sub-Fund and Money Market Sub-Fund had NAVs of 213.3759% and 184.3003%, respectively.
  • The NAFA Islamic Pension Fund's Equity Sub-Fund recorded an NAV of 362.4288%, while its Debt Sub-Fund and Money Market Sub-Fund had NAVs of 167.0295% and 169.8428%, respectively.

Statistics:

  • The NBP Islamic Savings Fund offered a return of 10.3235% and redeemed at a value of 10.2081% in April 2022.
  • The NBP Islamic Mahana Amdani Fund reported an offer NAV of 10.8354% and a redemption NAV of 10.7143%.
  • The NBP Pension Fund's Equity Sub-Fund had a NAV of 367.8343% in April 2022.
  • The NAFA Islamic Pension Fund's Equity Sub-Fund recorded an NAV of 362.4288%.

Sources:

  • PPI-OT: Karachi -- April 26, 2022
  • NBP Fund Management Limited: 7th Floor, Clifton Diamond Building, Block No. 4, Scheme No. 5, Clifton, Karachi, Pakistan
  • UAN: +92-21-111-111-632 (NFA)
  • Fax: +92-21-35825329
  • Email: info@nafafunds.com
  • Website: http://www.nbpfunds.com