Mutual Funds Association of Pakistan (MUFAP) is the trade body for Pakistan's multi billion rupees asset management industry. The money our members manage is in a wide variety of investment vehicles including stocks, bonds, money market instruments, government securities and bank deposits. Our role is to ensure transparency, high ethical conduct and growth of the mutual fund industry.
ABLCF 10.22 ABLFPF-Active 97.11 ABLFPF-Conservative 107.6 ABLFPF-SAP 97.19 ABLGSF-B 10.18 ABLIDSF 8.63 ABLIF 10.18 ABLIFPF-Active 103.41 ABLIFPF-Aggressive 105.77 ABLIFPF-Conservative 109.57 ABLIFPF-SAP 103.57 ABLIFPF-SAP-II 93.51 ABLIFPF-SAP-III 97.08 ABLIFPF-SAP-IV 100.26 ABLIIF 10.29 ABLIPPF-D 114.24 ABLIPPF-E 164.36 ABLIPPF-MM 111.71 ABLISF 14.73 ABLPPF-D 139.72 ABLPPF-E 160.08 ABLPPF-MM 115.29 ABLSF 14.42 AGHPAF 73.52 AGHPCF 502.98 AGHPIF 113.47 AGHPIIF 102.42 AGHPIMF 54.01 AGHPIPF-D 102.06 AGHPIPF-E 84.69 AGHPIPF-MM 102.24 AGHPIPPF-AAP 97.28 AGHPIPPF-AAP-II 92.19 AGHPIPPF-AAP-III 94.61 AGHPIPPF-BAP 103.49 AGHPISF 63.01 AGHPMMF 99 AGHPPF-D 102.96 AGHPPF-E 82.81 AGHPPF-MM 103.03 AGHPPPF-AAP 106.89 AGHPPPF-CAP 108.54 AGHPPPF-MAP 102.65 AGHPSF 135.63 AGHPVF 62.48 AGHSF 107.2 AKDCF 50.97 AKDGASSF 10.11 AKDIF 52.08 AKDITF 14.47 AKDOF 86.16 ALFALAHGHPIDEF 84.48 ALFALAHGHPIVF 100.05 ASKARIAAF-B 46.7 ASKARIAAF-C 46.7 ASKARIEF 104.88 ASKARIHYS 102.86 ASKARIIAAF-B 103.21 ASKARIIAAF-C 103.21 ASKARIIIF-B 102.38 ASKARIIIF-C 102.38 ASKARISCF 101.77 ASKARISYE 103.28 ATLASGF 105.68 ATLASIF 519.87 ATLASIIF 510.24 ATLASISF 526.99 ATLASMMF 510.45 ATLASPF-D 235.3 ATLASPF-E 473.86 ATLASPF-G 115.06 ATLASPF-MM 224.99 ATLASPIF-D 196.36 ATLASPIF-E 606.09 ATLASPIF-MM 207.11 ATLASSLF 101.55 ATLASSMF 598.62 BMACRSF 8.36 BMAECF 10.28 DAWOODIF 82.89 DAWOODISF 119.66 FAYSALAAF 57.24 FAYSALBGF 65.06 FAYSALFIAAF 85.39 FAYSALFSOF 102.81 FAYSALIGF 107.4 FAYSALISGF 103.81 FAYSALMMF 102.94 FAYSALMTSF 102.01 FAYSALSGF 103.36 FCMF 10.12 FCMF 10.12 FCMF-A 10.12 FDAWOODMF 20.97 FHABIBCF 102.09 FHABIBIF 103.42 FHABIBIIF 100.98 FHABIBSF 89.4 FHIBF 87.01 HBLCF-C 102.19 HBLCF-D 102.19 HBLEF 15.03 HBLEQF 107.99 HBLFPF-AAP 100.52 HBLFPF-CAP 100.87 HBLFPF-SAP 100.43 HBLGSF-C 106.88 HBLGSF-D 106.88 HBLIAAF 102.58 HBLIEF 92.2 HBLIF 107.44 HBLIFPF-AAP 98.63 HBLIFPF-CAP 98.94 HBLIFPF-SAP 99.89 HBLIIF 102.52 HBLIMMF 101.88 HBLIPF-D 138.85 HBLIPF-E 381.03 HBLIPF-MM 136.22 HBLISF 111.53 HBLMAF 102.03 HBLMMF 103.4 HBLPF-D 155.1 HBLPF-E 353.76 HBLPF-MM 143.12 HBLSF 105.64 JSCF 103.23 JSCPF-V 101.69 JSFOF 52.65 JSGF-A 195.78 JSIF 97.54 JSIHFF-JSIAAP I 100.45 JSIHFF-Mufeed 85.84 JSIHFF-Munafa 86.24 JSIHFF-Mustakhkem 96.54 JSIHFF-Mustanad 103.57 JSIHFF-Mutanasib 86.47 JSIIF 101.84 JSIPSF-D 196.6 JSIPSF-E 667.67 JSIPSF-MM 170.2 JSISF 112.81 JSLCF 140.08 JSPSF-D 231.4 JSPSF-E 487.51 JSPSF-MM 186.6 JSUTP 168.62 JSVF-A 214.84 LAKSONAADMF 122.25 LAKSONAAEMF 93 LAKSONEF 114.3 LAKSONIF 102.23 LAKSONMMF 101.83 LAKSONTF 98.02 MCBAHAIAAF 92.48 MCBAHAIAAF-II 97.87 MCBAHAIAALF 69.21 MCBAHAIIF-A 102.45 MCBAHAISF 10.65 MCBAHIIF-B 102.45 MCBAHMCBCMOF 102.21 MCBAHMCBDIF 107.92 MCBAHPCF 51.04 MCBAHPCM 10.77 MCBAHPFPF 101.21 MCBAHPIEF 54.07 MCBAHPIF 54.53 MCBAHPIPF-D 194.8 MCBAHPIPF-E 493.77 MCBAHPIPF-MM 175.62 MCBAHPPF-D 232.83 MCBAHPPF-E 486.1 MCBAHPPF-MM 213.06 MCBAHPSMF 92.74 MCBPAAF 78.5 MCBPSF 53.95 MEEZANAAF 45.54 MEEZANBF 15.6 MEEZANCF 51.07 MEEZANDEF 50.22 MEEZANEF 49.6 MEEZANFPFF-A 71.85 MEEZANFPFF-M 67.4 MEEZANFPFF-MAAP-I 59.53 MEEZANFPFF-MAAP-II 55.54 MEEZANFPFF-MAAP-III 55.06 MEEZANFPFF-MAAP-IV 48.15 MEEZANFPFF-MSAF-III 43.15 MEEZANFPFF-MSAP-I 45.1 MEEZANFPFF-MSAP-IV 43.78 MEEZANFPFF-MSAP-V 49.49 MEEZANGF 51.87 MEEZANIF 65.96 MEEZANIIF-B 51.84 MEEZANIIF-C 51.84 MEEZANKMIF 70.6 MEEZANMF 18.27 MEEZANMFPFF-C 64.45 MEEZANMSAP-II 44.06 MEEZANSF 51.46 MEEZANTPF-D 215.6 MEEZANTPF-E 508.72 MEEZANTPF-G 93.13 MEEZANTPF-MM 213.41 NAFAAAF 15.68 NAFAAARFSF 10.13 NAFAFSIF 10.7 NAFAGSLF 10.33 NAFAGSSF 10.46 NAFAIAAEF 11.52 NAFAIAAF 15.69 NAFAIAAP-I 120.24 NAFAIAAP-II 111.49 NAFAIAAP-III 106.23 NAFAIAAP-IV 97.94 NAFAIAAP-V 89.73 NAFAIAAP-VI 86.95 NAFAIAAP-VII 93.38 NAFAIEF 12.78 NAFAIF 9.92 NAFAIOF 10.87 NAFAIPF-D 125.07 NAFAIPF-E 290.29 NAFAIPF-MM 125.43 NAFAIPPF-I 104.9 NAFAIPPF-II 101.24 NAFAISF 11.47 NAFAMAF 17.97 NAFAMMF 10.02 NAFAPF-D 143.32 NAFAPF-E 291.91 NAFAPF-MM 130.07 NAFAPPF 102.13 NAFARFSF 10.34 NAFASF 14.41 NAFASPF 10.31 NAFIAIF 9.65 NIT-GBF 10.12 NIT-IF 10.46 NIT-NI(U)T 73.88 NITGTF 10.21 NITIEF 10.3 NITIIF 10.16 NITIPF-D 10.83 NITIPF-E 11.18 NITIPF-MM 10.75 NITPF-C 11.3 NITPF-D 11.05 NITPF-E 10.54 NITPF-MM 11.02 PCF 107.34 PICICGF 47.63 PICICIF 20.15 PIMLAAF 93.12 POAAAF 54.67 POAIIF 53.1 POGSF 10.8 POIAAF 56.88 PRIMUSDRF 81.95 PRIMUSIEF 111.45 PRIMUSIMMF 102.72 PRIMUSSMAF 105.51 PRIMUSVEF 110.9 UBLAAAIRSF-D 159.65 UBLAAAIRSF-E 632.85 UBLAAAIRSF-MM 154.31 UBLAAF 129.88 UBLAAIAAP-II 100.06 UBLAAIAAP-III 115.66 UBLAAIAAP-IV 113.99 UBLAAIAAP-IX 98.98 UBLAAIAAP-V 102.1 UBLAAIAAP-VI 95.3 UBLAAIAAP-VII 90.05 UBLAAIAAP-VIII 89.98 UBLAAIDEF 117.06 UBLAIAAF 114.78 UBLAICF 101.64 UBLAIIF-G 100.82 UBLAIIF-I 100.82 UBLAISF 101.25 UBLASSF 135.12 UBLCAP 100.32 UBLCPF-III 98.56 UBLGSF 106.98 UBLIOF 111.04 UBLLPF-C 102.37 UBLMMF 101.96 UBLRSF-C 117.38 UBLRSF-D 208.7 UBLRSF-E 653.85 UBLRSF-MM 170.42 UBLUGIF-G 86 UBLUGIF-I 86 UBLUSAF 67.95

Board Of Directors

Mr. Yasir Qadri - Chairman

Mr. Yasir Qadri is currently serving as the CEO of UBL Funds Managers Ltd. He has been associated with the asset management industry for the past 16 years, last serving as CEO of MCB- Arif Habib Savings &Investments Ltd, where he led the merger that brought together two leading asset managers established by two of the largest local business houses. Prior to MCB, he was at Arif Habib Investments for Six years. Mr. Yasir Qadri has been member of two founding teams in the industry and has experience in business development, investment management, product development, and human resource management.

Mr. Yasir Qadri has also been visiting faculty for graduate and undergraduate classes with leading educational institutions of Pakistan and served on pan-industry committees set up by regulators and industry players. He has earned an M.B.A. and a B.B.A. degree from the University of Central Oklahoma, USA.

Mr. Muhammad Saqib Saleem - Senior Vice Chairman

Mr. Muhammad Saqib Saleem is a Fellow member of the Institute of Chartered Accountants of Pakistan. He is currently the CEO of MCB-Arif Habib Savings & Investments Ltd and has over 13 years of working experience which includes 11 years of post-qualification experience with leading institutions such as JS Investments Limited (formerly JS ABAMCO Limited), Habib Bank Limited and Atlas Asset Management Limited. Before joining MCB-AH in 2007, Mr. Muhammad Saqib Saleem was heading the Internal Audit Department of Atlas Asset Management Limited which includes Risk Management and Compliance. He was performing as Chief Operating Officer & Company Secretary before being CEO. Mr. Muhammad Saqib Saleem is member on various technical committees of SECP's.

Mr. Adeel Ahmad Khan - Vice Chairman

Mr. Adeel Ahmad Khan is currently serving as CEO of Pak Oman Asset Management Company Ltd and has 15 years of experience with 10 years in asset management industry in the sphere of Business Strategy, Business Development, Investments, Product Development, Finance and Operations. He was previously working in the capacity of Chief Executive Officer with BMA Funds, where his responsibilities included rolling out and managing the asset management business. He was involved in the introduction of the first Capital Protected Fund in Pakistan and was an essential part of the team to launch and manage the first offshore country focused fund for Pakistan. He was previously associated with Shell Gas LPG (Pakistan) Limited and KPMG Taseer Hadi.

Mr. Adeel Ahmad Khan hold a Master's Degree in Economics from the University of Karachi. He also holds a certificate of CA Intermediate from the Institute of Chartered Accountants of Pakistan.

Mr. M. Habib-ur-Rahman - Director

Mr. M. Habib-ur-Rahman is currently serving as CEO of Atlas Asset Management Ltd. He is an FCA from the Institute of Chartered Accountants in England & Wales and has attended management level programme (PMD) from Harvard Business School. He played an instrumental role in setting up the first open-end mutual fund in the private sector in Pakistan and was the Chairman & Chief Executive of JS ABAMCO Limited (formally ABAMCO Ltd.) till January 2004.

He is the former Chairman of the Mutual Funds Association of Pakistan. He has been the Securities and Exchange Commission of Pakistan (Commission)'s nominee on the Board of the Karachi Stock Exchange in 2000, 2001, & 2003, and has also been a member of the Commission's Advisory Group on Capital Markets, and the Commission's Enquiry Committee on management of Exposure Rules by KSE/ LSE.

Mr. Imran Azim - Director

Mr. Imran Azim currently serving as CEO of Habib Asset Management Ltd. He is MBA in finance and has more than two decades of experience in Mutual Fund Industry. He served NIT from 1977 to 1998 where he worked in almost all the departments including Investment, Marketing, Business Development and Accounts. His biggest achievement at NIT was launching of two new products i.e. Nai Life and Roshan Kal for small investors. After leaving NIT he joined Khalid Majid Hussain Rahman, a Chartered Accountants firm and later on he joined Universal Insurance Company Limited. Prior to joining Habib Asset Management Limited he was Chief Executive of Haroon Oils Limited.

Mr. Razi-ur-Rehman Khan - Director

Mr. Razi-ur-Rehman Khan currently serving as CEO of Faysal Asset Management Ltd. He has extensive experience in banking, open and close-end mutual funds management, equity brokerage and private equity investment. A chartered accountant by background. Mr. Razi-ur-Rehman Khan has served in various important positions in a number of public and private sector organizations, including Securities and Exchange Commission of Pakistan (SECP) as Chairman; JP Morgan Chase as Country Manager for Pakistan; National Investment Trust (NIT) as Chairman and Managing Director; Hub Power Company (HUBCO) as Finance Director; ANZ Merchant Bank, London as Director International & Islamic Finance; ANZ Grindlays Pakistan as Chief Manager. As the Chairman of SECP. He was instrumental in development and implementation of Governance and transparency measures in capital market of the country and introduction of various capital market regulations in Pakistan. Mr. Razi-ur-Rehman Khan was responsible for conceiving, structuring and executing the first major Islamic Unit Trust in Pakistan. He has advised and arranged more than USD 1.5 BN worth of deals in Islamic Finance.

Mr. Mohammad Shoaib - Director

Mr. Mohammad Shoaib, CFA is the Chief Executive Officer of Al Meezan Investment Management Limited, the largest Shariah compliant asset management company in Pakistan. He has over 25 years of experience in managing investment portfolios.

He is an MBA from the Institute of Business Administration (IBA), Karachi of 1988 and has also taught in his alma mater, several courses ranging Security Analysis to Finance & Accounting. He got his CFA charter in 1999 and later founded the CFA Association of Pakistan in May 2002 with 40 members. He was the first President of the CFA Association of Pakistan (CFAAP) including the "Innovation Award" in 2006 and the "Strategic Planning Award" in 2008 from the CFA Institute.

From 2008 to 2012, Mr. Mohammad Shoaib served on the Presidents' Council Representative (PCR) for Asia Pacific Region which serves sixteen societies in the Asia Pacific region.

Recognizing his contribution to the mission of the CFA Institute, CFA Magazine listed him as the "MOST INFLUENTIAL" CFA Charter Holder in 2006.

Beside this he has also volunteered for many CFA Institute Committees. And apart of CFA institute he has also been involved in many other voluntary roles of SECP, Institute of Capital Markets in Pakistan, Pakistan Institute of Corporate Governance, Academic Board of institute of Business Administration and Central Bank Committee on Islamic Capital Market.

He has participated in various seminars, conferences and workshops across the globe during his 25-year career in managing investments. During the last 10 years of his career, he has focused exclusively on managing Shariah Compliant or Islamic portfolios. He has been a speaker / panelist at various conferences on the subject of Islamic Asset Management in Middle Eastern and Far Eastern countries. He has also been featured in CFA Magazine with reference to his contribution to Islamic asset management, corporate governance and other voluntary leadership roles. He has also served as Chairman, Mutual Funds Association of Pakistan (MUFAP).

Dr. Amjad Waheed, CFA - Director

Dr. Amjad Waheed is the CEO of NBP Fullerton Asset Management Ltd(NAFA) since its inception which is a subsidiary of National Bank of Pakistan, with Fullerton Asset Management Company of Singapore as the other joint venture partner. He holds a Doctorate in Business Administration with a major in Investments and Finance from Southern Illinois University, USA and is also a Chartered Financial Analyst (CFA).

Before joining NAFA Dr. Amjad Waheed was Head of Equity Mutual Funds & Portfolios at Riyadh Bank, Saudi Arabia, for about 5 years. Prior to that he was Head of Asset Management at NIT, and Chief Operating Officer of FC-ABN AMRO Equities for several years. Before moving back to Pakistan, Dr. Amjad Waheed was Assistant Professor of Finance at Tennessee State University, USA and has published several articles in top journals of the world such as Journal of Banking & Finance and Financial Management.

Dr. Amjad Waheed has served on the Board of various companies. He has also served as Chairman, Mutual Funds Association of Pakistan (MUFAP).

Mr. Khaldoon Bin Latif - Director

Mr. Khaldoon Bin Latif is currently working as the CEO of BMA Asset Management Company Ltd. He has over 12 years of rich and varied experience in Financial Services. Prior to joining BMA Funds, he was associated with JS Investments Limited and KASB Funds Limited as a Chief Investment Officer (CIO) and Chief Executive Officer (CEO). He has also worked with TAIB Bank BSC – Bahrain, as a managing director of their brokerage, asset management, custody and advisory operation. He has also been associated with the research and trading departments of AKD Securities Limited and PICIC Asset Management Company Limited. He has represented strategic and non-strategic shareholders as a director, in a number of different regulated entities.

Ms. Tara Uzra Dawood - Director

Ms. Tara Uzra Dawood is the CEO of 786 Investment Ltd (Formerly Dawood Capital Management Ltd). She holds a Doctorate in Judicial Science from Harvard Law School and Bachelor of Arts Honors from Cornell University and Oxford University. Having specialization in mergers and acquisitions, corporate law and responsible investments, she worked for law firms in New York, Toronto, Amsterdam, Brussels and California before launching 786 Investments in 2003. She is on the Board of Directors of MUFAP and has also been appointed to the Faculty at Danube University Krems (Austria) as recommended by IIFA and EBAMA. She speaks globally at numerous international mutual fund and banking conferences as an authority on shariah-compliant finance as well as finance for women.

Ms. Mashmooma Zehra Majeed, CFA, FRM - Chief Executive

Ms. Majeed completed her Chartered Financial Analyst (CFA) program in 2001 from the CFA Institute and the Financial Risk Manager (FRM) Program in 2010. She has a vast experience of 19 years in Investment and Capital Markets. She has been associated with the asset management industry in Pakistan for over 15 years with her forte being in investment management and product development. She has played an instrumental role in launching the first Islamic open-end mutual fund in Pakistan as well as the launch of the voluntary pension scheme in Pakistan under the Voluntary Pension System Rules. She has been actively involved with MUFAP throughout her career. She has previously worked in senior positions in Atlas Asset Management Ltd., JS Investments Ltd (formerly ABAMCO Ltd.) and Crosby Asset Management Pakistan Ltd. She started her career with M/s Hameed Majeed Associates (Pvt) Ltd.

INFORMATION

MUFAP gratefully acknowledges Center for International Private Enterprise (CIPE) Business Support grant amongst others for investors protection and access to information.

MUFAP is an affiliate of the South Asian Federation of Exchanges (SAFE).

MUFAP is a member of International Investment Fund Managers Association (IIFA) and the Asia Oceania Regional Meeting (AORM).

SECP's Investor Portal Jama Punji