Introduction

Introduction

ABL Income Fund (ABL-IF) is an open end, fixed income fund with no direct exposure to the stock market. The objective of ABL Income Fund is to earn a superior risk adjusted rate of return by investing in a blend of short, medium, and long-term instruments, both within and outside Pakistan.

ABL Income Fund would benefit Investors who want to earn a competitive return and avail tax benefits along with having an ease of withdrawing money at their convenience.

Salient Features:

• Minimum investment in Mutual Fund starts from Rs. 5,000/- for Growth Units and Rs. 500,000/- for Income Units. Further re-investments can be made from as little as Rs.1,000/- only.
• No lock in period - Ease of withdrawing money anytime
• Exemption from Zakat on submission of relevant Affidavit.
• Benchmark: 6 Month KIBOR

Fund Stability Rating: A+(f) (JCR-VIS)