50 Income funds
Government securities, sukuk, term finance certificates and bank placements. Aggressive income funds reach for longer maturities and weaker borrowers to earn more.
NAVs as at 13 Oct 2026 · Source: MUFAP
Median 1-year return
up +10.20%
MUFAP's published figures, 47 funds reporting
Average 3-year return
up +16.92%
A yearly rate, as MUFAP quotes it
Average 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
1.57%
Yearly running costs, already in the NAV
Typical risk
Moderate
Holding period: one to three years
Who are Income funds for?
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.
MUFAP quotes these funds' returns as yearly rates: a 30-day figure of 10% means the fund earned at a pace of about 10% a year over those 30 days. Compare them with each other, not with an equity fund's total return.
Every Income fund
Best published one-year return first; a fund flagged "Check data" comes last. Returns are after the fund's own costs and before any sales load.
| Fund | NAV (Rs) | 1M | 1Y | 3Y | TER |
|---|---|---|---|---|---|
| NBP Government Securities Plan VIIINBP Fund Management Limited | 13.2617 | +8.53% | +31.75% | — | 17.22% |
| Pakistan Income FundMCB Investment Management Limited | 56.9571 | +8.58% | +17.35% | +21.01% | 1.39% |
| NIT - Income FundNational Investment Trust Limited | 10.6330 | +15.21% | +15.08% | +18.71% | 1.86% |
| Pak Oman Micro Finance FundPak Oman Asset Management Company Limited | 104.5704 | +13.27% | +12.04% | — | 0.21% |
| Alfalah Financial Sector Opportunity FundAlfalah Asset Management Limited | 118.5424 | +11.16% | +11.89% | +17.25% | 0.71% |
| JS Microfinance Sector FundJS Investments Limited | 124.7823 | +11.88% | +11.81% | +18.44% | 0.34% |
| NIT Social Impact FundNational Investment Trust Limited | 10.6608 | +11.64% | +11.81% | +17.59% | 1.63% |
| HBL Financial Sector Income Fund Plan IIHBL Asset Management Limited | 103.7168 | +11.42% | +11.60% | — | 0.26% |
| AL Habib Sovereign Income Fund Plan 1AL Habib Asset Management Limited | 103.5354 | +11.04% | +11.26% | — | 0.54% |
| AL Habib Sovereign Income Fund Plan 3AL Habib Asset Management Limited | 103.4931 | +11.25% | +11.18% | — | 0.77% |
| NBP Mahana Amdani FundNBP Fund Management Limited | 10.6630 | +10.93% | +11.09% | +17.15% | 1.07% |
| AL Habib Sovereign Income Fund Plan 2AL Habib Asset Management Limited | 103.4123 | +10.70% | +10.99% | — | 0.57% |
| NBP Financial Sector Income FundNBP Fund Management Limited | 11.0513 | +10.63% | +10.92% | +17.27% | 1.20% |
| NBP Income Plan INBP Fund Management Limited | 10.1846 | +10.43% | +10.83% | +17.09% | 0.57% |
| Alfalah Financial Sector Income FundAlfalah Asset Management Limited | 103.7479 | +10.59% | +10.78% | +8.47% | 1.16% |
| Alfalah MTS FundAlfalah Asset Management Limited | 107.1308 | +10.45% | +10.78% | +16.62% | 2.43% |
| AL Habib Income FundAL Habib Asset Management Limited | 106.2619 | +10.63% | +10.75% | +17.28% | 1.11% |
| ABL Financial Sector Fund Plan IABL Asset Management Company Limited | 10.3214 | +10.46% | +10.68% | +17.40% | 1.38% |
| Atlas Income FundAtlas Asset Management Limited | 548.0992 | +10.70% | +10.58% | +17.44% | 0.56% |
| UBL Income Opportunity FundUBL Fund Managers Limited | 114.2653 | +9.18% | +10.52% | +17.80% | 1.65% |
| AL Habib Government Securities FundAL Habib Asset Management Limited | 103.9088 | +10.62% | +10.48% | +17.17% | 0.98% |
| NBP Income Opportunity FundNBP Fund Management Limited | 11.2545 | +9.34% | +10.33% | +19.33% | 1.82% |
| NBP Savings FundNBP Fund Management Limited | 10.2322 | +10.08% | +10.29% | +18.09% | 1.66% |
| Atlas Sovereign FundAtlas Asset Management Limited | 106.2416 | +9.66% | +10.22% | +17.88% | 0.61% |
| HBL Government Securities FundHBL Asset Management Limited | 117.2232 | +6.20% | +10.14% | +17.47% | 1.90% |
| Lakson Income FundLakson Investments Limited | 105.5751 | +9.86% | +10.13% | +18.18% | 0.96% |
| Askari Sovereign Yield EnhancerPak Oman Asset Management Company Limited | 107.5483 | +9.77% | +10.00% | +17.06% | 0.75% |
| Alfalah GHP Income FundAlfalah Asset Management Limited | 117.9038 | +9.61% | +9.96% | +17.28% | 2.03% |
| ABL Income FundABL Asset Management Company Limited | 10.4882 | +7.67% | +9.92% | +16.86% | 1.77% |
| HBL Financial Sector Income Fund Plan IHBL Asset Management Limited | 105.5398 | +9.76% | +9.85% | +16.77% | 1.87% |
| HBL Income FundHBL Asset Management Limited | 116.6931 | +7.88% | +9.70% | +16.14% | 1.65% |
| ABL Government Securities FundABL Asset Management Company Limited | 10.4281 | +3.79% | +9.55% | +17.34% | 1.72% |
| MCB Government Securities Plan IMCB Investment Management Limited | 103.5291 | +6.99% | +9.49% | — | 1.91% |
| NBP Government Securities Plan IVNBP Fund Management Limited | 10.3170 | +3.26% | +9.33% | +18.21% | 1.40% |
| Alfalah Savings Growth FundAlfalah Asset Management Limited | 106.5370 | +0.25% | +9.22% | +17.82% | 1.00% |
| NIT - Government Bond FundNational Investment Trust Limited | 10.4088 | +8.82% | +9.00% | +16.66% | 1.45% |
| UBL Government Securities FundUBL Fund Managers Limited | 108.6086 | −0.55% | +8.90% | +17.38% | 1.63% |
| MCB DCF Income FundMCB Investment Management Limited | 112.5431 | +6.22% | +8.70% | +15.64% | 1.95% |
| NBP Government Securities Savings FundNBP Fund Management Limited | 10.7358 | +1.44% | +8.58% | +16.66% | 1.63% |
| Alfalah Government Securities Fund - IIAlfalah Asset Management Limited | 139.6608 | +4.79% | +8.23% | +13.99% | 0.45% |
| JS Income FundJS Investments Limited | 127.7818 | +6.02% | +7.37% | +15.09% | 2.03% |
| Alfalah Government Securities Fund Plan IAlfalah Asset Management Limited | 101.5596 | −4.85% | +7.31% | — | 0.24% |
| Alfalah GHP Sovereign FundAlfalah Asset Management Limited | 109.7849 | −3.33% | +7.26% | +16.30% | 1.99% |
| Pak Oman Income FundPak Oman Asset Management Company Limited | 11.1417 | +6.64% | +7.26% | +14.14% | 0.93% |
| MCB Pakistan Sovereign FundMCB Investment Management Limited | 56.1700 | +0.43% | +7.03% | +16.52% | 1.94% |
| JS Government Securities FundJS Investments Limited | 116.0789 | +3.49% | +6.88% | +15.34% | 2.08% |
| Alfalah Government Securities Fund Plan IIAlfalah Asset Management Limited | 106.7057 | −8.22% | +4.23% | — | 0.28% |
| HBL Regular Income FundHBL Asset Management Limited | 100.5863 | +6.44% | — | — | 1.74% |
| NBP Financial Sector Income Plus FundNBP Fund Management Limited | 10.3511 | +11.35% | — | — | 0.78% |
| NBP Savings Plus FundNBP Fund Management Limited | 10.0717 | — | — | — | 0.99% |
Returns are the trailing figures published by MUFAP. Risk is the level typical of the category, not each fund's own disclosed risk profile. Past performance does not predict future returns, and nothing here is a recommendation to buy or sell.