Alhamra Daily Dividend Fund
NAV as at 12 Oct 2026 · Source: MUFAP · priced once a day, published the next morning · Launched Apr 2018
Net asset value
Rs 100.0000
unchanged 0.00% Rs 0.0000 since 9 Oct
1-year return
up +9.57%
Category average +8.78%
3-year return
up +15.43%
Category average +15.21%
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
1.53%
Category average 1.51%
Typical risk
Moderate
Usual for income & debt funds
NAV history
Rebased to 100 at the start of the range shown, so the two lines are comparable
The two lines separate because this fund distributes. NAV falls on each ex-date by the amount paid out; total return adds those distributions back, and is what the returns on this page are computed from. Judging an income fund by its NAV line alone would show a permanent loss that nobody actually suffered.
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 Income
- Fund manager
- MCB Investment Management Limited
- Launched
- 10 Apr 2018
- 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
- 1.53%
- Management fee
- 1.49%
- 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 Income funds
| Period | This fund | Category avg | Difference | Rank |
|---|---|---|---|---|
| 1 day | +9.05% | +12.83% | down −3.78 pts | 31 of 43 |
| 15 days | +9.45% | +8.51% | up +0.94 pts | 22 of 44 |
| 30 days | +9.37% | +8.06% | up +1.31 pts | 23 of 44 |
| 90 days | +9.56% | +8.99% | up +0.57 pts | 26 of 44 |
| 180 days | +9.86% | +9.33% | up +0.53 pts | 19 of 41 |
| 270 days | +9.56% | +8.41% | up +1.15 pts | 17 of 41 |
| 1 year | +9.57% | +8.78% | up +0.79 pts | 16 of 40 |
| 2 years | +10.64% | +10.14% | up +0.50 pts | 15 of 38 |
| 3 years | +15.43% | +15.21% | up +0.22 pts | 16 of 31 |
| Month to date | +9.02% | +8.98% | up +0.04 pts | 28 of 44 |
| Year to date | +9.72% | +9.24% | up +0.48 pts | 25 of 44 |
What this means: MUFAP quotes income or debt fund returns as yearly rates, so "30 days +10%" means the fund earned at a pace of about 10% a year over those 30 days — not 10% in a month. 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 +0.28%
1 month
up +0.28%
3 months
not yet
1 year
not yet
Volatility (1 yr)
not yet
Largest fall
not yet
Best day
up +0.03%
Worst day
unchanged 0.00%
Positive days
61.11%
Annualised (CAGR)
not yet
Computed from 19 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 income or debt fund is built to do. The offering document sets this fund's own terms.
- Suits
- Savers who want a steadier return than shares and can leave the money for a year or more. Prices move with interest rates, so a rate rise can cause a small dip.
- What it holds
- Government securities, sukuk, term finance certificates and bank placements. Aggressive income funds reach for longer maturities and weaker borrowers to earn more.
- Holding period
- One to three years
Shariah compliant: it invests only in instruments its Shariah adviser approves, and earns profit rather than interest.
Against its category
- Funds in Shariah Compliant Income
- 44
- Category median (1 yr, MUFAP)
- 9.23%
- Category average expense ratio
- 1.51%
Dealing prices
- Offer (you buy at)
- Rs 101.1500
- Repurchase (you sell at)
- Rs 100.0000
- Net asset value
- Rs 100.0000
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.
Alhamra Daily Dividend Fund — NAV, returns and charges
Alhamra Daily Dividend Fund is priced at Rs 100.0000 per unit as at 12 October 2026. That is the most recent valuation MUFAP has published for it. We hold only 20 daily observations for it, which is too short a run to measure risk from.
Over the last three years Alhamra Daily Dividend Fund has returned 15.43%, on MUFAP figures published to 12 October 2026. Its published thirty-day figure is +9.37%. 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.
Alhamra Daily Dividend 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 1.53%, which is already taken out of the returns above. The management fee inside that is 1.49%.
Alhamra Daily Dividend Fund is classified by MUFAP as a Shariah Compliant Income fund, screened as Shariah compliant. It is managed by MCB Investment Management Limited. The fund was launched in April 2018, so it has a record of about 8 years. Its published rating is AA-(f), which is an assessment of the fund by a rating agency and not a forecast of its return.
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
Paid Rs 0.4173 per unit over the last twelve months, in 16 distributions.
| Ex-date | Per unit (Rs) | Ex-NAV (Rs) | % of NAV |
|---|---|---|---|
| 12 Oct 2026 | 0.0248 | 100.0000 | 0.02% |
| 9 Oct 2026 | 0.0243 | 100.0000 | 0.02% |
| 7 Oct 2026 | 0.0249 | 100.0000 | 0.02% |
| 2 Oct 2026 | 0.0246 | 100.0000 | 0.02% |
| 30 Sep 2026 | 0.0375 | 100.0000 | 0.04% |
| 25 Sep 2026 | 0.0254 | 100.0000 | 0.03% |
| 23 Sep 2026 | 0.0256 | 100.0000 | 0.03% |
| 21 Sep 2026 | 0.0252 | 100.0000 | 0.03% |
| 17 Sep 2026 | 0.0253 | 100.0000 | 0.03% |
| 16 Sep 2026 | 0.0255 | 100.0000 | 0.03% |
| 14 Sep 2026 | 0.0250 | 100.0000 | 0.02% |
| 9 Sep 2026 | 0.0267 | 100.0000 | 0.03% |
| 8 Sep 2026 | 0.0254 | 100.0000 | 0.03% |
| 4 Sep 2026 | 0.0253 | 100.0000 | 0.03% |
| 1 Sep 2026 | 0.0267 | 100.0000 | 0.03% |
| 28 Aug 2026 | 0.0251 | 100.0000 | 0.03% |
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 Income funds
The same kind of fund from other managers and plans, best one-year return first
| Fund | NAV (Rs) | 1M | 1Y | 3Y | TER |
|---|---|---|---|---|---|
| HBL Islamic Income FundHBL Asset Management Limited | 108.0608 | +10.08% | +10.62% | +15.82% | 1.43% |
| Lucky Islamic Income FundLucky Investments Limited | 103.2189 | +10.05% | +10.36% | — | 0.67% |
| AWT Islamic Income FundAWT Investments Limited | 109.0125 | +10.15% | +10.30% | +17.07% | 0.87% |
| 786 Smart Fund786 Investments Limited | 86.7322 | +10.93% | +10.18% | +16.61% | 2.08% |
| NBP Riba Free Savings FundNBP Fund Management Limited | 10.6917 | +10.43% | +10.17% | +15.78% | 1.02% |
| NIT Islamic Income FundNational Investment Trust Limited | 9.9980 | +9.73% | +10.16% | +16.15% | 1.83% |
| Meezan Daily Income Fund (Meezan Munafa Plan I)Al Meezan Investment Management Limited | 52.0343 | +10.18% | +10.14% | +15.48% | 1.09% |
| Al Ameen Islamic Income FundUBL Fund Managers Limited | 103.7069 | +11.51% | +10.11% | +16.34% | 0.13% |
Alhamra Daily Dividend Fund — frequently asked questions
What is the NAV of Alhamra Daily Dividend Fund?
The latest net asset value MUFAP has published for Alhamra Daily Dividend Fund is Rs 100.0000 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 Alhamra Daily Dividend Fund made over the last year?
Alhamra Daily Dividend Fund returned +9.57% over the twelve months to 12 October 2026, on MUFAP's own figures. Over three years the published return is +15.43%. 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 Alhamra Daily Dividend Fund Shariah compliant?
Yes. MUFAP classifies Alhamra Daily Dividend Fund under Shariah Compliant Income, 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 Alhamra Daily Dividend Fund?
Alhamra Daily Dividend Fund is managed by MCB Investment Management Limited, the asset management company responsible for its mandate, its investment decisions and the charges applied to it. The fund was launched in April 2018. Its published rating is AA-(f) — an agency assessment of the fund, not a forecast of its return.
What does it cost to invest in Alhamra Daily Dividend Fund?
For Alhamra Daily Dividend Fund, the published front-end load is 0.00%, the back-end or contingent load is 0.00% and the total expense ratio is 1.53%, 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.