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 10.12 ABLICF 10.1 ABLIF 10.21 ABLSF 10.33 AGHPAF 55.1 AGHPCF 506.7 AGHPIF 58 AGHPIMF 50.2 AGHPPPF 53.68 AGHPPPF-II 52.27 AGHPVF 51.65 AHIEIF 39.79 AHMBPSF-12-12 47.83 AHMBPSF-P 49.57 AHPCF 50.34 AHPCM 7.18 AHPCPF-1 9.47 AHPCPF-FIS 10.25 AHPIEF 51.01 AHPIF 52.3 AHPIPF-D 126.7 AHPIPF-E 92.33 AHPIPF-MM 118.63 AHPPF-D 123.83 AHPPF-E 84.93 AHPPF-MM 129.69 AHPPFL 10.51 AHPSAF 7.5 AHPSMF 50.83 AKDGASSF 6.38 AKDIF 45.64 AKDITF 6.97 AKDOF 26.02 ASIANSF 7.18 ASKARIAAF-B 37.32 ASKARIAAF-C 37.32 ASKARIIAAF-B 100.87 ASKARIIAAF-C 100.87 ASKARIIF 91.5 ASKARIIF 91.5 ASKARIIIF-B 101.71 ASKARIIIF-C 101.71 ASKARISCF 102.22 ATLASFOF 7.35 ATLASIF 497.85 ATLASIIF 508.49 ATLASISF 307.23 ATLASMMF 509.95 ATLASPF-D 129.2 ATLASPF-E 104.44 ATLASPF-MM 131.47 ATLASPIF-D 127.27 ATLASPIF-E 126.52 ATLASPIF-MM 129.45 ATLASSMF 334.16 BMACRSF 9.2 BMAECF 10.24 CROSBYDF 80.67 CROSBYPF 104.33 DAWOODIF 98.08 DAWOODMMF 70.85 FAYSALAAF 59.11 FAYSALBGF 67.3 FAYSALIGF 102.82 FAYSALISGF 101.84 FAYSALSGF 102.2 FCMF 7.84 FDAWOODMF 8.22 FHABIBIF 101.87 FHABIBSF 95.53 HBLIF 99.52 HBLMAF 82.34 HBLMMF 101.63 HBLSF 82.67 IGIAIF 42.5 IGIIF 102.5 IGIIIF 102 IGIMMF 102.05 IGISF 105.25 JSAAA 19.84 JSAIF 98.56 JSCF 102.19 JSCPF 0 JSCPPF-IV 106.23 JSFOF 80.06 JSFOF 79.36 JSFOF 79.63 JSFOF 79.91 JSFOF 80.1 JSGF 9.17 JSIF 89.93 JSIPSF-D 124.66 JSIPSF-E 113.69 JSIPSF-MM 114.44 JSISF 60.07 JSKSE-30IF 24.56 JSLCF 6.5 JSPSF-D 133.04 JSPSF-E 75.43 JSPSF-I 112.55 JSPSF-II 102.04 JSPSF-MM 110.8 JSUTP 92.13 JSVFL 8.63 KASBBF 39.78 KASBCF 102.07 KASBCPGF 101.63 KASBIIF 95.89 KASBLF 84.3 KASBLF-CBL 84.3 KASBSMF 25.51 LASKONEF 101.82 LASKONIF 102.21 LASKONMMF 102.13 MCBCMOF 102 MCBDAF 70.01 MCBDCF 103.05 MCBDSF 80.96 MCBSMF-1 101.43 MEEZANBF 10.94 MEEZANCF 50.95 MEEZANCPF 51.97 MEEZANIF 38.8 MEEZANIIF-B 51.67 MEEZANIIF-C 51.67 MEEZANMF 10.62 MEEZANSF 50.97 MEEZANTPF-D 132.33 MEEZANTPF-E 104.72 MEEZANTPF-MM 131.72 NAFAAAF 10.04 NAFACF 9.89 NAFAGSLF 10.22 NAFAIF 10.09 NAFAIIF 7.93 NAFAIMAF 9.23 NAFAMAF 9.34 NAFARFSF 10.05 NAFASF 6.29 NAFASPF 10.22 NIT-GBF 10.18 NIT-IF 10.17 NIT-NI(U)T 25.89 NIT-NI(U)TLOC 0 PICICEF 9.84 PICICGF 24.29 PICICIF 101.36 PICICIF 11.65 POAF 11.12 POAIF 52.17 POAIIF 50.86 POASF 50.86 SAFEWAYMF 12.68 UBLCPF 11.13 UBLCPFII 101.42 UBLIRSF-D 102.28 UBLIRSF-E 100.46 UBLIRSF-MM 101.13 UBLLPF-C 102.17 UBLRSF-D 102.33 UBLRSF-E 100.51 UBLRSF-MM 102.65 UBLUCIF 68.39 UBLUGIF-G 96.95 UBLUGIF-I 96.95 UBLUIIF-G 98.27 UBLUIIF-I 98.27 UBLUSAF 33.24

Mutual Funds & Types

A mutual fund is a collective investment scheme, which specializes in investing a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. A fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.
One of the main advantages of  funds is that they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult (if not impossible) to create with a small amount of capital. The income earned through these investments and the capital appreciations realized are shared by its unit holders in proportion to the number of units owned by them. Open-ended fund units are issued and can typically be purchased or redeemed as needed at the fund's current net asset value (NAV) per share whereas closed-end funds are listed on the stock exchanges and can be freely traded.

Types of Mutual Funds (By Structure)
Funds can be open-ended funds or closed-end funds depending on their structure.

Open-ended Funds
These funds are in a continuous process of issuing shares/ units on demand and redeeming shares/ units on demand. The shares/ units do not trade on a market. The number of shares/ units outstanding varies each time the net asset valuation calculation is carried out, which is daily for most open-ended funds.

Closed-end Funds
Closed-end funds issue a specific number of shares. Their capitalization is fixed. The shares are not redeemable, but are readily transferable and traded on either a stock exchange or the over-the-counter market. The price of a closed-end fund share fluctuates based on investor supply and demand. Closed-end funds are not required to redeem shares and have managed portfolios.

Types of Mutual Funds (By Objective)
Open-ended or closed-end funds can be of several types; however the most basic classifications are stock funds, income funds, hybrid funds or specialty funds. Further classifications evolve as each fund pursues diverse investment strategies for instance: Islamic Equity Funds, Sector Funds, Global Equity Funds, High Yield Debt Funds, Aggressive Equity Funds, Income Funds and so on.
  • Stock Funds
  • Income and Money Market Funds
  • Hybrid Funds
  • Pension Funds
  • Islamic Funds
  • Specialty Funds

INFORMATION

MUFAP gratefully acknowledges CIPE's Business Support grant amongst others for investors protection and access to information
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