Lucky Islamic Fixed Term Fund Plan XVI Under Lucky Islamic Fixed Term Fund
Investment Objective
The objective of the Luck Islamic Fixed Term Plan XVI (LIFTP XVI) is to provide disclosed expected return to the Unit Holders at maturity by investing in Shariah Compliant Fixed Income Securities/instruments including placements and deposits.
About the Plan XVI under the Fund
Category
Shariah Compliant Fixed Rate/ Return Scheme
Fund Name
Plan Name
Lucky Islamic Fixed Term Fund Plan XVI (LIFTFP XVI)
Launch Date
20th, April, 2026
Maturity Date
Up to one month from close of subscription period
Lucky Islamic Fixed Term Fund Plan XVI Objective
Lucky Islamic Fixed Term Fund Plan XVI (LIFTFP XVI) is to provide disclosed expected return to the Unit Holders at maturity by investing in Shariah Compliant Fixed Income Securities/instruments including placements and deposits.
Minimum Contribution
Rs. 100,000/- investment contribution
Risk Profile
Low
Expected Return
10.40% p.a. to 10.60% p.a.
Duration
–
Performance Benchmark
PKISRV rates on the last date of IPO/ Subscription Period of the plan with Maturity period corresponding to the maturity of plan.
Subscription Period
20 April, 2026/ 21 April 2026 to 22 April 2026
Asset Manager
Lucky Investments Limited
Shariah Advisor
Mufti Muhammad Hassaan Kaleem
Trustee
Central Depository Company of Pakistan Limited (CDC)
Auditors
A.F. Ferguson & Co
