11 Shariah Compliant Capital Protected funds

Mostly fixed income, with a slice in shares. The plan is built to hand back your original investment if you stay to its maturity date.

Open-end scheme Shariah compliant Low risk

NAVs as at 14 Oct 2026 · Source: MUFAP

Median 1-year return

up +2.50%

MUFAP's published figures, 2 funds reporting

Average 3-year return

—

Total over the three years

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

2.10%

Yearly running costs, already in the NAV

Typical risk

Low

Holding period: the full plan term, often two to three years

Who are Shariah Compliant Capital Protected funds for?

Savers who want some stock-market upside but cannot accept losing capital, and who can stay for the whole plan term. Leaving early can cost a back-end load and the protection.

Every Shariah Compliant Capital Protected 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.

Shariah Compliant Capital Protected funds with NAV, 1-month, 1-year and 3-year returns and expense ratio
Fund	NAV (Rs)	1M	1Y	3Y	TER
NBP Islamic Principal Protection Fund I (NBP Islamic Principal Protection Plan I)NBP Fund Management Limited	10.1108	+0.31%	+5.92%	—	2.52%
JS Islamic Sarmaya Mehfooz Fund (JS Islamic Sarmaya Mehfooz Plan 1)JS Investments Limited	97.1623	−1.72%	−0.93%	—	0.34%
JS Islamic Sarmaya Mehfooz Fund Plan 2 2020JS Investments Limited	97.0232	−0.01%	—	—	0.37%
Lucky Islamic Capital Protected Fund Plan ILucky Investments Limited	100.1293	—	—	—	0.89%
Meezan Capital Protected Fund III (Meezan Capital Secure Plan I)Al Meezan Investment Management Limited	49.6900	−0.78%	—	—	2.46%
Meezan Capital Protected Fund III (Meezan Capital Secure Plan II)Al Meezan Investment Management Limited	49.5778	—	—	—	3.98%
NBP Islamic Principal Protection Fund I (NBP Islamic Principal Protection Plan II)NBP Fund Management Limited	10.1593	+0.32%	—	—	2.52%
NBP Islamic Principal Protection Fund I (NBP Islamic Principal Protection Plan III)NBP Fund Management Limited	10.1418	+0.74%	—	—	2.45%
NBP Islamic Principal Protection Fund I (NBP Islamic Principal Protection Plan IV)NBP Fund Management Limited	10.1684	+0.25%	—	—	2.60%
NBP Islamic Principal Protection Fund I (NBP Islamic Principal Protection Plan V)NBP Fund Management Limited	10.1248	+0.33%	—	—	2.51%
NBP Islamic Principal Protection Fund I (NBP Islamic Principal Protection Plan VI)NBP Fund Management Limited	10.0766	+0.45%	—	—	2.43%

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.