UBL Cash Fund
NAV as at 12 Oct 2026 · Source: MUFAP · priced once a day, published the next morning · Launched Sep 2019
Net asset value
Rs 103.9303
up +0.09% +Rs 0.0948 since 9 Oct
1-year return
up +10.73%
Category average +10.46%
3-year return
up +16.71%
Category average +16.67%
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
0.17%
Category average 0.81%
Typical risk
Low
Usual for money market 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
- Money Market
- Fund manager
- UBL Fund Managers Limited
- Launched
- 23 Sep 2019
- 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
- 0.17%
- Management fee
- 0.03%
- Front-end load
- 0.00%
- Back-end load
- 0.00%
- Contingent load
- 0.00%
- Risk profile
- Low (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 12 Oct 2026 · net of fund expenses, before any sales load · against the average of the active Money Market funds
| Period | This fund | Category avg | Difference | Rank |
|---|---|---|---|---|
| 1 day | +11.35% | +10.62% | up +0.73 pts | 5 of 31 |
| 15 days | +11.16% | +10.79% | up +0.37 pts | 10 of 31 |
| 30 days | +11.23% | +10.73% | up +0.50 pts | 8 of 31 |
| 90 days | +11.34% | +10.66% | up +0.68 pts | 4 of 31 |
| 180 days | +11.39% | +10.66% | up +0.73 pts | 2 of 28 |
| 270 days | +10.79% | +10.35% | up +0.44 pts | 5 of 28 |
| 1 year | +10.73% | +10.46% | up +0.27 pts | 9 of 28 |
| 2 years | +11.80% | +11.76% | up +0.04 pts | 9 of 27 |
| 3 years | +16.71% | +16.67% | up +0.04 pts | 13 of 26 |
| Month to date | +11.12% | +10.83% | up +0.29 pts | 9 of 31 |
| Year to date | +11.38% | +10.73% | up +0.65 pts | 3 of 31 |
What this means: MUFAP quotes money market fund returns as yearly rates, so "30 days +10%" means the fund earned at a pace of about 10% a year over those 30 days — not 10% in a month. 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
up +1.26%
1 month
not yet
3 months
not yet
1 year
not yet
Volatility (1 yr)
not yet
Largest fall
not yet
Best day
up +0.15%
Worst day
up +0.03%
Positive days
100.00%
Annualised (CAGR)
not yet
Computed from 16 days of tracking since 29 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 money market fund is built to do. The offering document sets this fund's own terms.
- Suits
- Cash you may need at short notice, or money parked between other investments. A step up from a savings account, not a way to grow wealth over decades.
- What it holds
- Bank deposits, treasury bills and short-term commercial paper, mostly maturing within months.
- Holding period
- A few days to a year
Against its category
- Funds in Money Market
- 31
- Category median (1 yr, MUFAP)
- 10.46%
- Category average expense ratio
- 0.81%
Dealing prices
- Offer (you buy at)
- Rs 103.9622
- Repurchase (you sell at)
- Rs 103.9622
- Net asset value
- Rs 103.9303
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.
UBL Cash Fund — NAV, returns and charges
UBL Cash Fund is priced at Rs 103.9303 per unit as at 12 October 2026. That is the most recent valuation MUFAP has published for it. We hold only 17 daily observations for it, which is too short a run to measure risk from.
Over the last three years UBL Cash Fund has returned 16.71%, on MUFAP figures published to 12 October 2026. Its published thirty-day figure is +11.23%. 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 years 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.
UBL Cash 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 0.17%, which is already taken out of the returns above. The management fee inside that is 0.03%.
UBL Cash Fund is classified by MUFAP as a Money Market fund. It is managed by UBL Fund Managers Limited. The fund was launched in September 2019, so it has a record of about 7 years. Its published rating is AAA(f), which is an assessment of the fund by a rating agency and not a forecast of its return.
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 9.9067 per unit over the last twelve months, in 1 distribution.
| Ex-date | Per unit (Rs) | Ex-NAV (Rs) | % of NAV |
|---|---|---|---|
| 22 Jun 2026 | 9.9067 | 100.3856 | 8.98% |
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 Money Market funds
The same kind of fund from other managers and plans, best one-year return first
| Fund | NAV (Rs) | 1M | 1Y | 3Y | TER |
|---|---|---|---|---|---|
| Alfalah Money Market Fund - IIAlfalah Asset Management Limited | 107.0514 | +10.97% | +11.11% | +16.65% | 0.47% |
| AKD Cash FundAKD Investment Management Limited | 53.7542 | +10.78% | +10.96% | +16.84% | 0.60% |
| NIT Money Market FundNational Investment Trust Limited | 10.0748 | +11.00% | +10.96% | +17.38% | 0.75% |
| Atlas Liquid FundAtlas Asset Management Limited | 519.4219 | +11.01% | +10.95% | +17.03% | 0.45% |
| Atlas Money Market FundAtlas Asset Management Limited | 530.8892 | +10.96% | +10.95% | +17.14% | 0.41% |
| UBL Liquidity FundUBL Fund Managers Limited | 103.1554 | +11.31% | +10.95% | — | 0.53% |
| JS Money Market FundJS Investments Limited | 125.6120 | +11.25% | +10.92% | +17.17% | 0.35% |
| Alfalah Cash Fund - IIAlfalah Asset Management Limited | 106.2829 | +11.44% | +10.84% | +17.51% | 0.76% |
UBL Cash Fund — frequently asked questions
What is the NAV of UBL Cash Fund?
The latest net asset value MUFAP has published for UBL Cash Fund is Rs 103.9303 per unit, as at 12 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.
What return has UBL Cash Fund made over the last year?
UBL Cash Fund returned +10.73% over the twelve months to 12 October 2026, on MUFAP's own figures. Over three years the published return is +16.71%. Published returns are net of the fund's own expenses but before the sales load charged on entry or exit, and a past return is not a forecast.
Is UBL Cash Fund Shariah compliant?
No. MUFAP classifies UBL Cash Fund under Money Market, which is a conventional category rather than a Shariah-screened one. Most managers offer an Islamic equivalent alongside their conventional funds, and those are listed separately under the Shariah categories.
Who manages UBL Cash Fund?
UBL Cash Fund is managed by UBL Fund Managers Limited, the asset management company responsible for its mandate, its investment decisions and the charges applied to it. The fund was launched in September 2019. Its published rating is AAA(f) — an agency assessment of the fund, not a forecast of its return.
What does it cost to invest in UBL Cash Fund?
For UBL Cash Fund, the published front-end load is 0.00%, the back-end or contingent load is 0.00% and the total expense ratio is 0.17%, 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.