17 VPS-Shariah Compliant Equity funds
Shares listed on the Pakistan Stock Exchange, picked by the fund manager.
NAVs as at 14 Oct 2026 · Source: MUFAP
Median 1-year return
down −1.88%
MUFAP's published figures, 15 funds reporting
Average 3-year return
up +206.63%
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
2.63%
Yearly running costs, already in the NAV
Typical risk
High
Holding period: five years or more
Who are VPS-Shariah Compliant Equity funds for?
Long-term investors who can watch the value fall by a fifth or more in a bad year without selling. Not for money you need soon.
Every VPS-Shariah Compliant Equity 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 |
|---|---|---|---|---|---|
| HBL Islamic Pension FundHBL Asset Management Limited | 1,194.2226 | −2.78% | +7.29% | +209.38% | 1.39% |
| NAFA Islamic Pension FundNBP Fund Management Limited | 1,182.8103 | −2.30% | +1.30% | +218.73% | 2.72% |
| Alhamra Islamic Pension FundMCB Investment Management Limited | 2,041.3400 | −2.57% | +0.87% | +229.36% | 3.36% |
| AWT Islamic Pension FundAWT Investments Limited | 122.7635 | −2.57% | +0.60% | — | 0.00% |
| Pak Qatar Islamic Pension FundPak-Qatar Family Takaful Limited | 299.9935 | −2.23% | −0.08% | +164.07% | 3.13% |
| Al Ameen Islamic Retirement Savings FundUBL Fund Managers Limited | 2,802.5375 | −1.66% | −0.20% | +242.05% | 1.84% |
| NIT Islamic Pension FundNational Investment Trust Limited | 31.1959 | −1.85% | −0.97% | +193.00% | 1.62% |
| Faysal Islamic Pension FundFaysal Asset Management Limited | 337.4242 | −2.96% | −1.88% | +202.44% | 2.02% |
| Atlas Pension Islamic FundAtlas Asset Management Limited | 2,561.3700 | −2.28% | −2.31% | +220.54% | 2.05% |
| Alfalah GHP Islamic Pension FundAlfalah Asset Management Limited | 306.3742 | −3.26% | −3.11% | +214.32% | 3.50% |
| ABL Islamic Pension FundABL Asset Management Company Limited | 568.4986 | −2.09% | −3.39% | +194.47% | 2.73% |
| Meezan Tahaffuz Pension FundAl Meezan Investment Management Limited | 1,703.2486 | −2.88% | −3.88% | +197.22% | 2.75% |
| Mahaana IGI Islamic Retirement FundIGI Life Insurance Limited | 11.8537 | −2.78% | −5.37% | — | 2.73% |
| AL Habib Islamic Pension FundAL Habib Asset Management Limited | 428.2595 | −2.72% | −8.82% | +243.17% | 4.27% |
| JS Islamic Pension Savings FundJS Investments Limited | 1,743.8098 | −3.50% | −11.40% | +157.43% | 3.47% |
| EFU Hemayah Pension FundEFU Life Assurance Limited | 86.9989 | −2.40% | — | — | 4.48% |
| Lucky Islamic Pension FundLucky Investments Limited | 103.5219 | −2.38% | — | — | 2.42% |
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.