25 Shariah Compliant Fund of Funds funds
Units of other funds, usually the same manager's, combined into conservative, moderate or aggressive plans.
NAVs as at 14 Oct 2026 · Source: MUFAP
Median 1-year return
up +5.00%
MUFAP's published figures, 25 funds reporting
Average 3-year return
up +102.34%
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
0.77%
Yearly running costs, already in the NAV
Typical risk
Moderate
Holding period: depends on the plan; three years or more for the aggressive ones
Who are Shariah Compliant Fund of Funds funds for?
Investors who want a ready-made mix that the manager rebalances for them. Check the plan: an aggressive one behaves much like an equity fund.
Every Shariah Compliant Fund of Funds 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 |
|---|---|---|---|---|---|
| Alfalah KTrade Islamic Plan VIIAlfalah Asset Management Limited | 130.7360 | +0.33% | +12.16% | +38.25% | 1.10% |
| ABL Islamic Financial Planning Fund (Conservative Allocation Plan)ABL Asset Management Company Limited | 118.9626 | +0.76% | +9.63% | +46.83% | 1.15% |
| Faysal Islamic Financial Planning Fund II (Faysal Priority Ascend Plan III)Faysal Asset Management Limited | 112.8756 | +0.75% | +9.57% | — | 0.99% |
| Faysal Islamic Financial Planning Fund II (Faysal Priority Ascend Plan II)Faysal Asset Management Limited | 111.0212 | +0.48% | +9.54% | — | 0.37% |
| Meezan Financial Planning Fund of Funds (Very Conservative Allocation Plan)Al Meezan Investment Management Limited | 53.9557 | +0.73% | +9.44% | +39.95% | 0.35% |
| Faysal Khushal Mustaqbil Fund (Faysal Nu’umah Women Savers Plan)Faysal Asset Management Limited | 111.9311 | +0.66% | +9.14% | — | 1.26% |
| Faysal Islamic Financial Planning Fund II (Faysal Priority Ascend Plan I)Faysal Asset Management Limited | 117.9972 | −0.38% | +8.90% | — | 0.40% |
| Faysal Khushal Mustaqbil Fund (Faysal Barak’ah Women Savers Plan)Faysal Asset Management Limited | 111.6022 | +0.63% | +8.79% | — | 1.61% |
| Meezan Financial Planning Fund of Funds (Conservative)Al Meezan Investment Management Limited | 126.2359 | +0.12% | +7.65% | +75.78% | 0.28% |
| Alfalah GHP Islamic Prosperity Planning Fund (Alfalah GHP Islamic Balance Allocation Plan)Alfalah Asset Management Limited | 103.5400 | −0.08% | +5.89% | +61.84% | 0.58% |
| Alhamra Smart PortfolioMCB Investment Management Limited | 171.5866 | −0.89% | +5.54% | +73.39% | 1.00% |
| Atlas Islamic Fund of Funds (Atlas Conservative Allocation Islamic Plan)Atlas Asset Management Limited | 944.3627 | −0.20% | +5.30% | +90.20% | 0.37% |
| Alfalah GHP Islamic Prosperity Planning Fund (Alfalah GHP Islamic Moderate Allocation Plan)Alfalah Asset Management Limited | 110.9893 | +0.26% | +5.00% | +87.52% | 0.69% |
| Meezan Financial Planning Fund of Funds (Moderate)Al Meezan Investment Management Limited | 143.9053 | −0.57% | +4.38% | +112.31% | 0.36% |
| Meezan Financial Planning Fund of Funds (Aggressive)Al Meezan Investment Management Limited | 177.5296 | −1.13% | +1.82% | +146.99% | 0.36% |
| Atlas Islamic Fund of Funds (Atlas Moderate Allocation Islamic Plan)Atlas Asset Management Limited | 1,204.5813 | −1.03% | +1.33% | +124.30% | 0.36% |
| Atlas Islamic Fund of Funds (Atlas Aggressive Allocation Islamic Plan)Atlas Asset Management Limited | 1,396.0593 | −1.60% | −0.32% | +151.69% | 0.34% |
| Meezan Financial Planning Fund of Funds (MAAP I)Al Meezan Investment Management Limited | 134.9666 | −1.89% | −3.02% | +123.99% | 0.42% |
| Alfalah GHP Islamic Prosperity Planning Fund (Alfalah GHP Islamic Active Allocation Plan II)Alfalah Asset Management Limited | 96.2436 | −3.40% | −4.00% | +122.77% | 1.17% |
| Meezan Strategic Allocation Fund (MSAP I)Al Meezan Investment Management Limited | 90.0391 | −4.76% | −5.44% | +132.61% | 0.55% |
| Meezan Strategic Allocation Fund (MSAP IV)Al Meezan Investment Management Limited | 90.1451 | −5.14% | −5.47% | +126.33% | 1.10% |
| Meezan Strategic Allocation Fund (MSAP III)Al Meezan Investment Management Limited | 85.3682 | −4.82% | −5.87% | +128.09% | 0.48% |
| Meezan Strategic Allocation Fund (MSAP II)Al Meezan Investment Management Limited | 77.2124 | −5.01% | −6.59% | +131.69% | 1.10% |
| ABL Islamic Financial Planning Fund (Active Allocation Plan)ABL Asset Management Company Limited | 77.5093 | −2.15% | −7.16% | +115.24% | 1.08% |
| Meezan Strategic Allocation Fund (MSAP V)Al Meezan Investment Management Limited | 99.2353 | −4.91% | −7.90% | +117.05% | 1.77% |
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.