LUCKY ISLAMIC MONEY MARKET FUND

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

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

Open-end Islamic Money Market Fund

Fund Name

Lucky Islamic Money Market Fund (LIMMF)

Date of IPO launch

April 9, 2025

Fund 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

Minimum Contribution

To open an account is PKR. 5,000/- Subsequent investment of PKR 1,000/-

Risk Profile

Low

Lock-in Period

No lock-in period

Management Fee

Up to 1.75% of Average Annual Net Assets

Front End Load

Up to 3.00%

Back End Load

None

Asset Manager

Lucky Investments Limited

Shariah Advisor

Mufti Muhammad Hassaan Kaleem

Trustee

Central Depository Company of Pakistan (CDC)

Auditors

A.F. Ferguson & Co

Consult our experts to plan better