ABL Income Fund purposes to provide a supplement to your current income through the investments with no direct exposure to the stock market.
The Fund seeks to earn competitive risk adjusted rate of return by investing in a blend of short, medium and long-term fixed income and debt instruments, both within and outside Pakistan.
*Investors are encouraged to consult their Investment advisor prior to investing in the product.
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| Scheme Name | ABL Income Fund |
|---|---|
| Scheme type | Open-End Income Scheme |
| Date of Inception | September 20, 2008 |
| Fund Size | PKR 2,775 Mn. as at October 31st 2024 |
| Objective of the scheme | To earn competitive risk adjusted rate of return by investing in a blend of short, medium and long-term fixed income and debt instruments, both within and outside Pakistan. |
| Benchmark | 6 Months KIBOR |
| Minimum Investment Amount |
PKR 2,614 Mn. as at July 31st 2024 |
| Lock-In Period | None |
| Management Fee | 0.25% to 0.50% of Net Asset p.a. |
| Entry Load | Upto 1.5% |
| Exit Load | None |
| Systematic Investment Plan Facility | Yes |
| FY 24 | FY 23 | FY 22 | FY 21 | FY 20 | FY 19 | FY 18 | FY 17 | FY 16 | FY 15 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ABL Income Fund Returns | 21.66% | 13.66% | 9.88% | 4.76% | 14.32% | 7.12% | 4.67% | 5.85% | 7.19% | 14.20% |
| Benchmark Returns | 21.88% | 18.32% | 10.80% | 7.41% | 12.23% | 10.30% | 6.35% | 6.10% | 6.54% | 9.01% |
