Lucky Islamic Fixed Term Fund Plan 24 Under Lucky Islamic Fixed Term Fund
Investment Objective
The objective of the Lucky Islamic Fixed Term Fund Plan 24 (LIFTFP 24) 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 24 under the Fund
Category
Shariah Compliant Fixed Rate/ Return Scheme
Fund Namet
Lucky Islamic Fixed Term Fund
Plan Name
Lucky Islamic Fixed Term Fund Plan 24 (LIFTFP 24)
Launch Date
4th August, 2026
Maturity Date
Up to three months from the close of Subscription Period
Lucky Islamic Fixed Term Fund Plan 24 Objective
Lucky Islamic Fixed Term Fund Plan 24 (LIFTFP 24) 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. 1,000,000/- investment contribution
Risk Profile
Low
Expected Return
10.75% p.a. to 11.15% p.a.
Duration
Up to three months
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
4 August, 2026/ 5 August, 2026 to 20 August, 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
