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 10.3 ABLFPF-Active 91.79 ABLFPF-Conservative 106.54 ABLFPF-SAP 96.23 ABLGSF-B 10.24 ABLIDSF 8.17 ABLIF 10.25 ABLIFPF-Active 99.43 ABLIFPF-Aggressive 101.99 ABLIFPF-Conservative 108.91 ABLIFPF-SAP 100.69 ABLIFPF-SAP-II 91.68 ABLIFPF-SAP-III 96.53 ABLIFPF-SAP-IV 99.72 ABLIIF 10.36 ABLIPPF-D 114.72 ABLIPPF-E 153.56 ABLIPPF-MM 115.89 ABLISF 13.97 ABLPPF-D 140.46 ABLPPF-E 150.24 ABLPPF-MM 115.88 ABLSF 13.35 AGHPAF 68.9 AGHPCF 506.12 AGHPIF 114.23 AGHPIIF 103.09 AGHPIMF 54.39 AGHPIPF-D 102.48 AGHPIPF-E 80.12 AGHPIPF-MM 102.65 AGHPIPPF-AAP 95.58 AGHPIPPF-AAP-II 90.6 AGHPIPPF-AAP-III 93.94 AGHPIPPF-BAP 102.88 AGHPISF 59.85 AGHPMMF 99.74 AGHPPF-D 103.48 AGHPPF-E 77.81 AGHPPF-MM 103.54 AGHPPPF-AAP 103.25 AGHPPPF-CAP 108.05 AGHPPPF-MAP 101.11 AGHPSF 127.02 AGHPVF 59.22 AGHSF 107.97 AKDCF 51.29 AKDGASSF 9.11 AKDIF 52.43 AKDITF 13.46 AKDOF 76.08 ALFALAHGHPIDEF 80.57 ALFALAHGHPIVF 100.53 ASKARIAAF-B 44.21 ASKARIAAF-C 44.21 ASKARIEF 96.18 ASKARIHYS 103.63 ASKARIIAAF-B 96.31 ASKARIIAAF-C 96.31 ASKARIIIF-B 103.24 ASKARIIIF-C 103.24 ASKARISCF 102.52 ASKARISYE 103.88 ATLASGF 105.31 ATLASIF 523.68 ATLASIIF 514.1 ATLASISF 496.39 ATLASMMF 514.32 ATLASPF-D 237.06 ATLASPF-E 437.6 ATLASPF-G 115.23 ATLASPF-MM 226.69 ATLASPIF-D 197.54 ATLASPIF-E 567.1 ATLASPIF-MM 208.42 ATLASSLF 102.3 ATLASSMF 556.77 BMACRSF 8.46 BMAECF 10.35 DAWOODIF 84.45 DAWOODISF 113.89 FAYSALAAF 51.81 FAYSALBGF 60.19 FAYSALFIAAF 80.23 FAYSALFSOF 103.49 FAYSALIGF 108.06 FAYSALISGF 104.53 FAYSALMMF 103.7 FAYSALMTSF 102.69 FAYSALSGF 103.96 FCMF 9.68 FCMF 9.68 FCMF-A 9.68 FDAWOODMF 21.13 FHABIBAAF 99.6 FHABIBCF 102.85 FHABIBIF 104.15 FHABIBIIF 101.32 FHABIBSF 82.1 FHIBF 80.65 HBLCF-C 102.99 HBLCF-D 102.99 HBLEF 14.08 HBLEQF 100.72 HBLFPF-AAP 100.12 HBLFPF-CAP 99.93 HBLFPF-SAP 99.97 HBLGSF-C 107.56 HBLGSF-D 107.56 HBLIAAF 100.99 HBLIEF 85.93 HBLIF 108.13 HBLIFPF-AAP 97.3 HBLIFPF-CAP 98.03 HBLIFPF-SAP 98.44 HBLIIF 103.27 HBLIMMF 102.44 HBLIPF-D 139.55 HBLIPF-E 357.97 HBLIPF-MM 136.85 HBLISF 103.95 HBLMAF 97.32 HBLMMF 104.12 HBLPF-D 156.01 HBLPF-E 332.1 HBLPF-MM 143.94 HBLSF 97.98 JSCF 103.98 JSCPF-V 101.68 JSFOF 48.91 JSGF-A 178.58 JSIF 98.21 JSIHFF-II-AAP-II 100.04 JSIHFF-JSIAAP I 99.84 JSIHFF-Mufeed 76.76 JSIHFF-Munafa 76.74 JSIHFF-Mustakhkem 94.36 JSIHFF-Mustanad 104.14 JSIHFF-Mutanasib 78.06 JSIIF 102.19 JSIPSF-D 197.61 JSIPSF-E 603.84 JSIPSF-MM 170.86 JSISF 100.93 JSLCF 125.7 JSPSF-D 232.55 JSPSF-E 437.07 JSPSF-MM 186.98 JSUTP 153.47 JSVF-A 192.76 LAKSONAADMF 126.03 LAKSONEF 106.74 LAKSONIF 103.02 LAKSONITF 89.49 LAKSONMMF 102.63 LAKSONTF 94.69 MCBAHAIAAF 90.43 MCBAHAIAAF-II 97.48 MCBAHAIAALF 68.29 MCBAHAIIF-A 103.15 MCBAHAISF 10.12 MCBAHIIF-B 103.15 MCBAHMCBCMOF 102.96 MCBAHMCBDIF 108.59 MCBAHPCF 51.38 MCBAHPCM 10.53 MCBAHPFPF 100.92 MCBAHPIEF 54.44 MCBAHPIF 54.86 MCBAHPIPF-D 195.8 MCBAHPIPF-E 473.42 MCBAHPIPF-MM 176.57 MCBAHPPF-D 234.35 MCBAHPPF-E 465.41 MCBAHPPF-MM 214.36 MCBAHPSMF 87.64 MCBPAAF 76 MCBPSF 54.34 MEEZANAAF 42.33 MEEZANBF 14.89 MEEZANCF 51.37 MEEZANDEF 47.1 MEEZANEF 46.46 MEEZANFPFF-A 67.11 MEEZANFPFF-M 64.56 MEEZANFPFF-MAAP-I 57.08 MEEZANFPFF-MAAP-II 53.37 MEEZANFPFF-MAAP-III 52.36 MEEZANFPFF-MAAP-IV 44.66 MEEZANFPFF-MSAF-III 40.01 MEEZANFPFF-MSAP-I 41.85 MEEZANFPFF-MSAP-IV 40.64 MEEZANFPFF-MSAP-V 46.83 MEEZANGF 50.82 MEEZANIF 60.77 MEEZANIIF-B 52.15 MEEZANIIF-C 52.15 MEEZANKMIF 66.6 MEEZANMF 16.89 MEEZANMFPFF-C 63.28 MEEZANMSAP-II 40.92 MEEZANSF 51.78 MEEZANTPF-D 216.82 MEEZANTPF-E 470 MEEZANTPF-G 91.24 MEEZANTPF-MM 214.48 NAFAAAF 14.94 NAFAAARFSF 10.19 NAFAFSIF 10.78 NAFAGSLF 10.4 NAFAGSSF 10.53 NAFAIAAEF 10.75 NAFAIAAF 15 NAFAIAAP-I 116.44 NAFAIAAP-II 107.5 NAFAIAAP-III 102.45 NAFAIAAP-IV 94.35 NAFAIAAP-V 86.41 NAFAIAAP-VI 83.77 NAFAIAAP-VII 90.21 NAFAIAAP-VIII 98.85 NAFAIEF 12.02 NAFAIF 10 NAFAIOF 10.94 NAFAIPF-D 125.7 NAFAIPF-E 275.01 NAFAIPF-MM 126.04 NAFAIPPF-II 100.93 NAFAISF 10.74 NAFAMAF 17.11 NAFAMMF 10.1 NAFAPF-D 144.16 NAFAPF-E 275.32 NAFAPF-MM 130.85 NAFAPPF 101.92 NAFARFSF 10.42 NAFASF 13.47 NAFASPF 10.39 NAFIAIF 9.72 NIT-GBF 10.19 NIT-IF 10.54 NIT-NI(U)T 68.26 NITGTF 10.28 NITIEF 9.61 NITIIF 10.22 NITIPF-D 10.91 NITIPF-E 10.37 NITIPF-MM 10.82 NITPF-C 11.56 NITPF-D 11.12 NITPF-E 9.79 NITPF-MM 11.09 PCF 108.17 PICICGF 40.12 PICICIF 17.28 PIMLAAF 87.11 POAAAF 51.28 POAIIF 53.49 POGSF 10.86 POIAAF 53.67 PRIMUSDRF 82.44 PRIMUSIEF 102.44 PRIMUSIMMF 103.22 PRIMUSSMAF 98.16 PRIMUSVEF 99.72 UBLAAAIRSF-D 160.47 UBLAAAIRSF-E 596.09 UBLAAAIRSF-MM 155.05 UBLAAF 127.82 UBLAAIAAP-III 113.78 UBLAAIAAP-IV 110.65 UBLAAIAAP-IX 95.04 UBLAAIAAP-V 97.49 UBLAAIAAP-VI 90.99 UBLAAIAAP-VII 85.98 UBLAAIAAP-VIII 85.91 UBLAAICAP 100.42 UBLAAIDEF 111.02 UBLAIAAF 112.67 UBLAICF 102.35 UBLAIIF-G 101.38 UBLAIIF-I 101.38 UBLAISF 101.87 UBLASSF 128.28 UBLCAP 100.22 UBLCPF-III 98.54 UBLGSF 107.69 UBLIOF 111.53 UBLLPF-C 103.17 UBLMMF 102.67 UBLRSF-C 114.08 UBLRSF-D 209.96 UBLRSF-E 609.88 UBLRSF-MM 171.37 UBLUGIF-G 86.26 UBLUGIF-I 86.26 UBLUSAF 63.99

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