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Overview

AL Habib Sovereign Income Fund (AHSIF) is an Open-ended Sovereign Income Scheme. The fund aims to maximize capital preservation while generating competitive returns primarily through investments in Government Securities.

Investment Objective

To seek maximum possible preservation of capital and generate a competitive return by investing primarily in Government Securities.

For Investors’ Seeking

  • Short to medium term income and capital growth

  • Ideal for investor with Medium Risk Appetite

  • No Front end Load

  • Managed by professional & experienced Fund Manger

Fund Details

Basic Facts
Launch Date Launch Date: June 03, 2025
Fund Type Open-ended
Fund Category Money Market Scheme
Fund Manager Mr. Ahmed Abbas
Management Fee Up to 10% of the gross earnings of the scheme
Front-end-Load 2% (Management has the discretion to reduce or waive load on any transaction)
Back-end-Load Nil
Benchmark 70% three (3) months PKRV rates + 30% three (3) months average deposit rate of three (3) AA rated scheduled banks
Dealing Days Monday to Friday
Cut-off Timings

a) Monday to Thursday 4:00 pm; Friday 4:30 pm
b) Same Day Redemption Monday to Friday 9:30 am

Pricing Mechanism Backward Pricing
Allocation of Units (NAV) On Realization of Funds
Minimum Subscription Initial investment of Rs. 5,000/- (Subsequently Rs. 1,000/- per transaction)
Fund Stability Rating ‘AAA(f)’ by VIS
Rating Date December 27, 2024
Risk Profile Very Low (Principal at Very Low Risk)

Price History

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