Alfalah GHP Islamic Value Fund
NAV as at 12 Oct 2026 · Source: MUFAP · priced once a day, published the next morning · Launched Oct 2017
Net asset value
Rs 145.0901
up +0.12% +Rs 0.1810 since 8 Oct
1-year return
up +9.36%
Category average +2.84%
3-year return
up +51.98%
Category average +98.30%
Expense ratio Expense ratio (TER)A fund's yearly running costs — management fee, taxes and other charges — as a percentage of its assets, taken out of the NAV. Reported in Pakistan as the Total Expense Ratio; lower leaves more for you. Glossary
0.60%
Category average 1.97%
Typical risk
Moderate
Usual for balanced & asset allocation funds
NAV history
Rebased to 100 at the start of the range shown, so the two lines are comparable
Key facts
What the fund is, and what it costs to hold
- Category Fund categoryThe SECP classification that sets what a fund may invest in — equity, income, money market, balanced, Islamic and others. Compare returns and fees only within the same category. Glossary
- Shariah Compliant Asset Allocation
- Fund manager
- Alfalah Asset Management Limited
- Launched
- 12 Oct 2017
- Fund size AUM (assets under management)The total value of everything a fund manages, in rupees. Size alone says nothing about returns, but very small funds tend to carry higher costs per unit. Glossary
- Not in MUFAP's daily data
- Expense ratio (YTD) Expense ratio (TER)A fund's yearly running costs — management fee, taxes and other charges — as a percentage of its assets, taken out of the NAV. Reported in Pakistan as the Total Expense Ratio; lower leaves more for you. Glossary
- 0.60%
- Management fee
- 0.15%
- Front-end load
- 0.00%
- Back-end load
- 0.00%
- Contingent load
- 0.00%
- Risk profile
- Moderate (typical for its category)
- Benchmark
- Not published
The expense ratio is already deducted from the NAV and the returns above. A sales load is not — it is charged on top when you buy or sell.
Trailing returns
Published by MUFAP, as at 12 Oct 2026 · net of fund expenses, before any sales load · against the average of the active Shariah Compliant Asset Allocation funds
| Period | This fund | Category avg | Difference | Rank |
|---|---|---|---|---|
| 1 day | +0.04% | −0.36% | up +0.40 pts | 2 of 23 |
| 15 days | +0.25% | −0.93% | up +1.18 pts | 10 of 23 |
| 30 days | +0.39% | −0.71% | up +1.10 pts | 11 of 23 |
| 90 days | +1.95% | −0.24% | up +2.19 pts | 11 of 23 |
| 180 days | +4.29% | +1.20% | up +3.09 pts | 7 of 19 |
| 270 days | +6.77% | −2.05% | up +8.82 pts | 3 of 18 |
| 1 year | +9.36% | +2.84% | up +6.52 pts | 4 of 17 |
| 2 years | +22.92% | +44.77% | down −21.85 pts | 14 of 15 |
| 3 years | +51.98% | +98.30% | down −46.32 pts | 10 of 12 |
| Month to date | +0.28% | −0.88% | up +1.16 pts | 8 of 23 |
| Year to date | +2.39% | −1.87% | up +4.26 pts | 11 of 23 |
What this means: each figure is the total change over the period, after the fund's own costs. The difference is in percentage points; rank 1 is the highest return in the category for that period.
Our measurements
Computed from the NAV history we have recorded, adjusted for distributions
Since we began tracking
up +0.55%
1 month
not yet
3 months
not yet
1 year
not yet
Volatility (1 yr)
not yet
Largest fall
not yet
Best day
up +0.11%
Worst day
down −0.12%
Positive days
81.25%
Annualised (CAGR)
not yet
Computed from 17 days of tracking since 28 Aug 2026 — figures marked not yet need more history than we have and are withheld rather than estimated. Every figure here is adjusted for distributions: a fund that pays out sees its NAV drop by the amount paid, which is not a loss to anyone holding it.
Who is this fund for?
What a typical balanced or asset allocation fund is built to do. The offering document sets this fund's own terms.
- Suits
- Investors who want one fund to make the shares-versus-debt decision for them and can sit through some ups and downs.
- What it holds
- A mix of shares and fixed income. Balanced funds keep the mix within set limits; asset allocation funds can swing from mostly shares to mostly debt.
- Holding period
- Three years or more
Shariah compliant: it invests only in instruments its Shariah adviser approves, and earns profit rather than interest.
Against its category
- Funds in Shariah Compliant Asset Allocation
- 23
- Category median (1 yr, MUFAP)
- 1.97%
- Category average expense ratio
- 1.97%
Dealing prices
- Offer (you buy at)
- Rs 148.4272
- Repurchase (you sell at)
- Rs 145.0901
- Net asset value
- Rs 145.0901
The offer price is the NAV plus the front-end load. Funds price once a day, so an order placed today deals at a NAV that is published tomorrow — there is no intraday price.
Alfalah GHP Islamic Value Fund — NAV, returns and charges
Alfalah GHP Islamic Value Fund is priced at Rs 145.0901 per unit as at 12 October 2026. That is the most recent valuation MUFAP has published for it. We hold only 18 daily observations for it, which is too short a run to measure risk from.
Over the last three years Alfalah GHP Islamic Value Fund has returned 51.98%, on MUFAP figures published to 12 October 2026. Its published thirty-day figure is +0.39%. MUFAP publishes each window on its own basis — short periods are annualised for money market and income funds — so the shorter figure is not a slice of the three years one. These are the manager's published figures, net of the fund's own expenses but before any sales load you pay to enter or leave.
Alfalah GHP Islamic Value Fund charges a front-end load of 0.00% when you buy. The back-end or contingent load is 0.00%. The total expense ratio year to date is 0.60%, which is already taken out of the returns above. The management fee inside that is 0.15%.
Alfalah GHP Islamic Value Fund is classified by MUFAP as a Shariah Compliant Asset Allocation fund, screened as Shariah compliant. It is managed by Alfalah Asset Management Limited. The fund was launched in October 2017, so it has a record of about 9 years.
This summary is generated from the MUFAP figures and NAV history shown on this page and is refreshed as new data arrives. It describes the data; it is not a recommendation. See how we collect and check this data and our disclaimer.
Distribution history
Cash or bonus units the fund has paid out per unit, newest first.
| Ex-date | Per unit (Rs) | Ex-NAV (Rs) | % of NAV |
|---|---|---|---|
| 26 Jun 2023 | 15.0982 | 89.0616 | 14.50% |
On an ex-date the NAV falls by roughly the amount distributed. That is a transfer, not a loss — the cash left the fund and went to unit holders.
Other Shariah Compliant Asset Allocation funds
The same kind of fund from other managers and plans, best one-year return first
| Fund | NAV (Rs) | 1M | 1Y | 3Y | TER |
|---|---|---|---|---|---|
| Faysal Islamic Asset Allocation FundFaysal Asset Management Limited | 92.9461 | +0.81% | +10.75% | +57.04% | 0.70% |
| Faysal Islamic Asset Allocation Fund III (Faysal Shariah Flex Plan I)Faysal Asset Management Limited | 111.0509 | +0.77% | +10.55% | — | 0.55% |
| Pak Qatar Asset Allocation Plan II (PQAAP IIA)Pak-Qatar Asset Management Company Limited | 119.0755 | +0.57% | +9.68% | +52.19% | 0.35% |
| Pak Qatar Asset Allocation Plan I (PQAAP IA)Pak-Qatar Asset Management Company Limited | 120.0750 | +1.34% | +8.76% | +50.30% | 0.36% |
| HBL Islamic Asset Allocation FundHBL Asset Management Limited | 315.5678 | −3.03% | +7.00% | +174.28% | 3.61% |
| Al Ameen Islamic Asset Allocation FundUBL Fund Managers Limited | 197.3103 | −0.46% | +5.80% | +101.65% | 2.15% |
| ABL Islamic Asset Allocation FundABL Asset Management Company Limited | 10.2063 | +0.48% | +3.46% | +28.06% | 2.70% |
| Meezan Dynamic Asset Allocation Fund (Meezan Dividend Yield Plan)Al Meezan Investment Management Limited | 80.8621 | −1.96% | +2.02% | — | 4.71% |
Alfalah GHP Islamic Value Fund — frequently asked questions
What is the NAV of Alfalah GHP Islamic Value Fund?
The latest net asset value MUFAP has published for Alfalah GHP Islamic Value Fund is Rs 145.0901 per unit, as at 12 October 2026. Open-end funds are priced every dealing day, so this figure moves daily and the price you deal at is the one published on the day your instruction settles.
What return has Alfalah GHP Islamic Value Fund made over the last year?
Alfalah GHP Islamic Value Fund returned +9.36% over the twelve months to 12 October 2026, on MUFAP's own figures. Over three years the published return is +51.98%. Published returns are net of the fund's own expenses but before the sales load charged on entry or exit, and a past return is not a forecast.
Is Alfalah GHP Islamic Value Fund Shariah compliant?
Yes. MUFAP classifies Alfalah GHP Islamic Value Fund under Shariah Compliant Asset Allocation, which is a Shariah-compliant category, so the fund is run to an Islamic mandate with its own Shariah advisory oversight. Screening is applied by the fund, and the classification is MUFAP's rather than ours.
Who manages Alfalah GHP Islamic Value Fund?
Alfalah GHP Islamic Value Fund is managed by Alfalah Asset Management Limited, the asset management company responsible for its mandate, its investment decisions and the charges applied to it. The fund was launched in October 2017.
What does it cost to invest in Alfalah GHP Islamic Value Fund?
For Alfalah GHP Islamic Value Fund, the published front-end load is 0.00%, the back-end or contingent load is 0.00% and the total expense ratio is 0.60%, already deducted from the returns shown. A load is charged on the money you put in or take out; the expense ratio is charged inside the fund and is why a published return is lower than the gross return on what it holds.
Answers are generated from the MUFAP figures on this page and refreshed as new data arrives. See all mutual funds or our methodology.
Fund data is sourced from the Mutual Funds Association of Pakistan. We publish no buy, sell or hold recommendation on any mutual fund, and nothing on this page is investment advice. Past performance does not predict future returns.