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NBP Funds Update: April 2022 Rates and NAVs

Strategic Insights

— 2 min read

The National Bank of Pakistan (NBP) has released the April 2022 rates and Net Asset Values (NAVs) for its various mutual fund schemes. The data, which was made available on April 5, 2022, includes details on the offer and redemption rates for a range of funds, including Islamic and conventional savings, stocks, and government securities funds.

Key Takeaways:

  • NBP Islamic Savings Fund had an offer rate of 10.2683% and a redemption rate of 10.1536% on April 4, 2022.
  • NBP Stock Fund had an offer rate of 15.8168% and a redemption rate of 15.2982% on April 4, 2022.
  • The NBP Government Securities Liquid Fund had an offer rate of 10.3456% and a redemption rate of 10.2300% on April 1, 2022.
  • The NBP Islamic Energy Fund had an offer rate of 9.0195% and a redemption rate of 8.7238% on April 4, 2022.
  • The NBP Islamic Regular Income Fund had an offer rate of 9.3821% and a redemption rate of 9.0745% on April 4, 2022.
  • The NBP Pension Fund had an equity sub-fund, debt sub-fund, and money market sub-fund, all with NAVs of Rs. 364.7769, Rs. 211.7658, and Rs. 182.8321, respectively, as of April 1, 2022.
  • The NAFA Islamic Pension Fund had an equity sub-fund, debt sub-fund, and money market sub-fund, all with NAVs of Rs. 357.7929, Rs. 165.9024, and Rs. 168.7977, respectively, as of April 1, 2022.
  • The NAFA Islamic Active Allocation Plan-I had a NAV of -Rs. 175.3179, while the other plans in the series had NAVs ranging from -Rs. 103.8910 to -Rs. 121.7114.

Statistics:

  • The NBP Islamic Savings Fund had a 0.1147% difference between offer and redemption rates on April 4, 2022.
  • The NBP Stock Fund had a 0.5186% difference between offer and redemption rates on April 4, 2022.
  • The NBP Government Securities Liquid Fund had a 0.1156% difference between offer and redemption rates on April 1, 2022.
  • The NBP Islamic Energy Fund had a 0.2957% difference between offer and redemption rates on April 4, 2022.
  • The NBP Islamic Regular Income Fund had a 0.3076% difference between offer and redemption rates on April 4, 2022.
  • The NBP Pension Fund's equity sub-fund had a NAV of Rs. 364.7769, while the debt sub-fund and money market sub-fund had NAVs of Rs. 211.7658 and Rs. 182.8321, respectively, as of April 1, 2022.

Sources:

  • National Bank of Pakistan (NBP) Funds update for April 2022 rates and NAVs.
  • [NBP Fund Management Limited](http://www.nbpfunds.com)

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