اردو

Al‐Ameen Islamic Cash Fund

This scheme provides an ideal short-term avenue for your surplus or idle cash allowing you to earn a healthy riba free return while having instant access to your money at all times.

Why invest in Al‐Ameen Islamic Cash Fund?

Riba-free return
Easy access to money (in part or whole)
Same Day Redemption (Withdrawal) facility
No fixed-term holding period requirement

Al-Ameen Islamic Cash Fund (AICF) [formerly UBL Islamic Cash Fund (UICF)] is a mutual fund investment scheme that offers an ideal investment facility that allows you to earn an attractive and stable riba free return on your money while providing you the flexibility of withdrawing your money any time you want.

Al-Ameen Islamic Cash Fund (AICF)* is ideal for investors who:

You have access to money for a short period of time
You want to earn a stable riba free return on your savings
You want to save money for emergencies
You want instant access to your money at all times

Net Asset Value

Offer Price108.0627

Selling Price 108.0627

As on: 18-Nov-2024

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Al‐Ameen Islamic Cash Fund

Need more information about the fund? Here’s what you need to know.

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Fund Information

Rs.500Minimum investment

Rs.500Minimum subsequent investment

Investment charges NIL of Net Asset Value

Management fee (annual) Up to 2% (not to exceed max. TER regulatory limit) of Net Asset Value

Fund ratingAA (f) (VIS)

Risk & Reward Potential

Low

Risk of Prinicipal Erosion

LOW

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Disclaimer: All investments in mutual funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of the future results and investors are not offered any guaranteed/fixed returns. Please read the Offering Document of relevant fund to understand the investment policies and the risks involved. UBL Funds (Management company of Al-Ameen Funds) may share commission out of management fee earned to the sales teams of the Company or its distributor(s) earned on his/her/their own investment(s)