LUCKY ISLAMIC MONEY MARKET FUND
Lucky Islamic Money Market Fund (LIMMF), under Shariah Compliant Money Market category, provides investors with a low risk, high liquidity profile investment avenue with a focus on maximum preservation of capital and generating Halal returns.
Investment Objective
LIMMF investment objective is to generate regular and stable returns by investing primarily in Shariah Compliant Banks and Shariah Compliant windows of conventional Banks and any other Shariah compliant short-term securities and money market instruments
Key Benefits
100% Shariah-based Islamic Money Market Fund
No minimum holding period of investment
Encashment without any penalty
Diversified investment management reduces overall risk
Portfolio assets will carry a good credit quality, with a minimum instrument rating of AA
About the Fund
Category
Fund Name
Date of IPO Launch
April 9, 2025
Fund Objective
Minimum Contribution
Risk Profile
Low
Lock-in Period
Management Fee
Up to 1.75% of Average Annual Net Assets
Front End Load
Up to 3.00%
