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| Scheme Name | ABL Islamic Financial Planning Fund |
|---|---|
| Scheme type | Open-End Fund of Fund Scheme |
| Date of Inception | December 23, 2015 |
| Fund Size | PKR 1,177Mn. as at April 30th 2025 |
| Objective of the scheme | To generate returns on Investment as per the respective Allocation Plan by investing in Shariah Compliant Mutual Funds in line with the risk tolerance of the Investor. |
| Allocation Plans | 3 Allocation Plans (Initially) |
| Objective of Plans under ABL FPF | Conservative Allocation Plan: The plan primarily aims to provide stable returns with some capital appreciation through a pre-determined mix of shariah compliant investments in equity and income funds Active Allocation Plan: The plan has an objective to earn a potentially high return through active asset allocation between Islamic Equity scheme(s) and Islamic Income scheme(s) based on the Fund Manager’s outlook on the asset classes. |
| Benchmark | Conservative Allocation Plan: 20% return of KMI-30 Index & 80% Average return of 6-month PKISRV rates. Active Allocation Plan: Weighted average return of KMI-30 Index, average 6 month deposit rate of three(3) A rated scheduled banks or Islamic Window of Conventional Banks as selected by MUFAP and average 6 month PKISRV rate based on the Plan’s actual investment in the underlying Equity and Income Fund and/or in cash and/or near cash instruments. |
| Minimum Investment Amount | Initial Rs.5,000 (Subsequent Rs. 1,000) |
| Lock-In Period | None |
| Management Fee | NIL (1% of average annual net assets if investment is made in CIS of other AMCs and also on investment in Cash/ Near Cash instruments) |
| Entry Load | Upto 2% |
| Exit Load | NIL (Backend - Contingent) |
| Systematic Investment Plan Facility | Yes |
| Particulars | FY 24 | FY 23 | FY 22 | FY 21 | FY 20 | FY 19 | FY 18 | FY 17 | FY 16 |
|---|---|---|---|---|---|---|---|---|---|
| Conservative Plan Returns | 86.89% | 53.65% | 38.45% | 32.10% | 21.50% | 14.71% | 13.19% | 13.96% | 3.52% |
| Benchmark Returns | 54.06% | 39.97% | 32.69% | 31.03% | 26.13% | 11.55% | 13.27% | 12.82% | 5.92% |
| Active Plan Returns | 89.43% | 25.33% | 18.72% | 36.11% | -1.80% | 0.79% | 9.07% | 22.44% | 3.53% |
| Benchmark Returns | 95.04% | 30.51% | 24.55% | 43.32% | -1.85% | -1.91% | 12.56% | 19.88% | 10.27% |
| Strategic Plan Returns | 95.95% | 28.04% | 22.72% | 35.63% | -1.96% | 3.41% | 5.37% | 14.08% | 1.69% |
| Benchmark Returns | 96.07% | 29.76% | 23.58% | 28.81% | 1.45% | -1.33% | 5.43% | 9.37% | 4.00% |
