KASB Stock Market fund
It’s true that a Rupee today is not equal to a Rupee tomorrow. And the only way to preserve your purchasing power is to invest savings so that they work for you tomorrow. By diversifying and actively managing your savings in the stock market, KASB Stock Market Fund (KSMF) can help today's savings to improve your purchasing power tomorrow.
KASB Stock Market Fund is an open-ended equity fund with the primary objective to generate long term capital appreciation and income for investors from a diversified portfolio of equity and equity related securities, allowing investors further investments or redemption (full or partial) at any point in time.
Investment Objective
KSMF is an equity fund with the primary objective to generate long term capital appreciation and income for investors from a diversified portfolio of equity and equity related securities.
Summarised Term Sheet
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Date of Inception
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March 22, 2007
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Type
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Open-ended equity fund
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Minimum Initial Investment
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PKR 5,000/-
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Benchmark
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KSE 30 Index
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Front-end load
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2.50%
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Back-end load
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NIL
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No minimum holding period
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Any time redemption as and when requested by investor
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Tax Credit
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Under current Government Regulations on investment of upto PKR 300,000/-
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Listing
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Karachi Stock Exchange
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