NBP Islamic Gold Fund
NAV as at 11 Oct 2026 · Source: MUFAP · priced once a day, published the next morning · Launched May 2026
Net asset value
Rs 9.2717
up +1.59% +Rs 0.1450 since 7 Oct
1-year return
—
Published by MUFAP, after costs
3-year return
—
Total over the three years
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
1.55%
Category average 2.38%
Typical risk
High
Usual for commodities & gold funds
NAV history
Rebased to 100 at the start of the range shown, so the two lines are comparable
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 Commodities
- Fund manager
- NBP Fund Management Limited
- Launched
- 4 May 2026
- 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
- 1.55%
- Management fee
- 0.30%
- Front-end load
- 0.00%
- Back-end load
- 0.00%
- Contingent load
- 0.00%
- Risk profile
- High (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 11 Oct 2026 · net of fund expenses, before any sales load · against the average of the active Shariah Compliant Commodities funds
| Period | This fund | Category avg | Difference | Rank |
|---|---|---|---|---|
| 15 days | −1.91% | −2.02% | up +0.11 pts | 1 of 3 |
| 30 days | −3.51% | −3.93% | up +0.42 pts | 1 of 3 |
| 90 days | −0.72% | — | — | — |
| Month to date | +0.34% | +0.37% | down −0.03 pts | 2 of 3 |
| Year to date | −1.51% | −2.57% | up +1.06 pts | 1 of 3 |
What this means: each figure is the total change over the period, after the fund's own costs. 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
down −9.84%
1 month
down −9.84%
3 months
not yet
1 year
not yet
Volatility (1 yr)
not yet
Largest fall
not yet
Best day
up +2.08%
Worst day
down −2.61%
Positive days
23.53%
Annualised (CAGR)
not yet
Computed from 18 days of tracking since 27 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 commodity or gold fund is built to do. The offering document sets this fund's own terms.
- Suits
- Investors who want a hedge against a weaker rupee, or a small slice of gold in a wider portfolio. Gold can fall sharply too.
- What it holds
- Gold, mainly through contracts traded on the Pakistan Mercantile Exchange, plus cash.
- Holding period
- Three years or more
Shariah compliant: it invests only in instruments its Shariah adviser approves, and earns profit rather than interest.
Against its category
- Funds in Shariah Compliant Commodities
- 3
- Category median (1 yr, MUFAP)
- 0.46%
- Category average expense ratio
- 2.38%
Dealing prices
- Offer (you buy at)
- Rs 9.6120
- Repurchase (you sell at)
- Rs 9.2513
- Net asset value
- Rs 9.2717
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.
NBP Islamic Gold Fund — NAV, returns and charges
NBP Islamic Gold Fund is priced at Rs 9.2717 per unit as at 11 October 2026. MUFAP last published a valuation for it 2 days ago; open-end funds are normally priced every dealing day. We hold only 19 daily observations for it, which is too short a run to measure risk from.
Over the last three months NBP Islamic Gold Fund has lost 0.72%, on MUFAP figures published to 11 October 2026. Its published thirty-day figure is −3.51%. 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 months 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.
NBP Islamic Gold 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 1.55%, which is already taken out of the returns above. The management fee inside that is 0.30%.
NBP Islamic Gold Fund is classified by MUFAP as a Shariah Compliant Commodities fund, screened as Shariah compliant. It is managed by NBP Fund Management Limited. The fund was launched in May 2026, so its record is under a year long.
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 0.0167 per unit over the last twelve months, in 1 distribution.
| Ex-date | Per unit (Rs) | Ex-NAV (Rs) | % of NAV |
|---|---|---|---|
| 14 May 2026 | 0.0167 | 10.0000 | 0.17% |
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 Commodities funds
The same kind of fund from other managers and plans, best one-year return first
| Fund | NAV (Rs) | 1M | 1Y | 3Y | TER |
|---|---|---|---|---|---|
| Meezan Gold FundAl Meezan Investment Management Limited | 275.7637 | −4.15% | +1.93% | +102.31% | 2.80% |
| Mahaana Islamic Gold FundMahaana Wealth Limited | 9.5871 | −4.13% | — | — | 2.77% |
NBP Islamic Gold Fund — frequently asked questions
What is the NAV of NBP Islamic Gold Fund?
The latest net asset value MUFAP has published for NBP Islamic Gold Fund is Rs 9.2717 per unit, as at 11 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.
Is NBP Islamic Gold Fund Shariah compliant?
Yes. MUFAP classifies NBP Islamic Gold Fund under Shariah Compliant Commodities, 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 NBP Islamic Gold Fund?
NBP Islamic Gold Fund is managed by NBP Fund Management Limited, the asset management company responsible for its mandate, its investment decisions and the charges applied to it. The fund was launched in May 2026.
What does it cost to invest in NBP Islamic Gold Fund?
For NBP Islamic Gold Fund, the published front-end load is 0.00%, the back-end or contingent load is 0.00% and the total expense ratio is 1.55%, 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.