Al Meezan is the largest Asset Management Company (AMC) not only in Shariah compliant segment but also on overall basis in the mutual fund industry in Pakistan. As the largest AMC and Investment Advisory Firm operating in Pakistan we offer a comprehensive range of Shariah compliant investment solutions. With an impressive track record of over 29 years, we cherish the status of being the only AMC in Pakistan with the sole mandate to provide Shariah complaint investment solutions to our valued investors. We are proud to maintain AM1 rating, which is the highest management quality rating in Pakistan. Additionally, we also have the privilege of managing the trust of one of the largest investor base in Pakistan with over 300,000 investors directly and thousands more through the retirement and provident funds being managed by us. The Shariah advisor of Meezan Bank Limited, also the Shariah Advisor of Al Meezan, supervises the operations to ensure Shariah compliance of the funds.
Developing, floating and managing Islamic Mutual Funds
Structuring and managing Discretionary and Non Discretionary Portfolios
Providing Investment Advisory Services
Al Meezan currently manages 19 mutual funds, 2 voluntary pension schemes, and numerous administrative plans, offering a range of investment solutions including equity, balanced, asset allocation, fixed income, money market, capital preservation, fund of fund, commodity, Open End Islamic CIS as per SECP’s Circular No.3 of 2022 and voluntary pension scheme.
| EQUITY FUNDS | Fund Net Assets (Rs. Bn) as of June 30th, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN ISLAMIC FUND | 23.10 | 73.00 | -2.54 | -11.27 | 35.50 | 2.81 |
| AL MEEZAN MUTUAL FUND | 4.87 | 74.84 | -0.28 | -10.91 | 32.51 | 3.09 |
| MEEZAN ENERGY FUND | 1.14 | 86.79 | -2.13 | -8.10 | 14.25 | -10.04 |
| BALANCED FUNDS | Fund Net Assets (Rs. Bn) as of June 30th, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN BALANCED FUND | 1.91 | 43.38 | 4.87 | -3.61 | 18.13 | 8.14 |
| FIXED INCOME FUND | Fund Net Assets (Rs. Bn) as of June 30th, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN SOVEREIGN FUND | 58.06 | 21.89 | 15.37 | 8.27 | 7.65 | 11.17 |
| MEEZAN ISLAMIC INCOME FUND | 15.98 | 20.94 | 14.86 | 8.63 | 6.64 | 11.57 |
| MEEZAN DAILY INCOME FUND | 146.25 | 21.78 | 16.86 | 10.58* | - | - |
| MEEZAN CASH FUND | 71.89 | 21.22 | 16.11 | 9.00 | 5.81 | 10.95 |
| MEEZAN ROZANA AMDANI FUND | 114.61 | 21.50 | 16.83 | 9.95 | 6.61 | 11.76 |
| * 290 Days of Operations | ||||||
| OPEN END ISLAMIC CIS AS PER SECP’S CIRCULAR NO.3 of 2022 | Fund Net Assets (Rs. Bn) as of June 30th, 2024 |
|---|---|
| MEEZAN PAAIDAAR MUNAFA PLAN-V | 8.65 |
| MEEZAN PAAIDAAR MUNAFA PLAN-VII | 0.86 |
| MEEZAN PAAIDAAR MUNAFA PLAN-VIII | 1.70 |
| MEEZAN PAAIDAAR MUNAFA PLAN-IX | 0.81 |
| MEEZAN PAAIDAAR MUNAFA PLAN-X | 2.85 |
| MEEZAN PAAIDAAR MUNAFA PLAN-XI | 5.98 |
| MEEZAN PAAIDAAR MUNAFA PLAN-XII | 0.81 |
| FUND OF FUNDS | Fund Net Assets (Rs. Mn) as of June 30th, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MFPF – AGGRESSIVE ALLOCATION PLAN | 88 | 55.25 | 1.13 | -5.35 | 27.21 | 6.86 |
| MFPF – MODERATE ALLOCATION PLAN | 69 | 45.89 | 5.29 | 0.44 | 20.83 | 10.11 |
| MFPF – CONSERVATIVE ALLOCATION PLAN | 49 | 32.52 | 9.81 | 4.08 | 12.93 | 10.96 |
| MFPF – VERY CONSERVATIVE ALLOCATION PLAN | 1 | 19.42 | - | - | - | - |
| MEEZAN CAPITAL PRESERVATION PLAN IV #1 | 281 | 34.31 | 10.16 | -0.79 | 12.24 | 2.30 |
| MEEZAN CAPITAL PRESERVATION PLAN IX #2 | 234 | 34.39 | 11.61 | 1.37 | 18.36 | 5.45 |
| #1 Performance start date 06-Mar-2018 #2 Performance start date 14-May-2019 |
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| VOLUNTARY PENSION SCHEMES | Fund Net Assets (Rs. Bn) as of June 30th, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN TAHAFFUZ PENSION FUND (EQUITY SUB FUND) | 5,267 | 77.07 | 0.21 | -9.93 | 34.72 | 5.97 |
| MEEZAN TAHAFFUZ PENSION FUND (DEBT SUB FUND) | 6,846 | 20.78 | 14.39 | 8.34 | 7.37 | 10.99 |
| MEEZAN TAHAFFUZ PENSION FUND (M.MKT SUB FUND) | 12,046 | 22.06 | 15.87 | 8.26 | 5.19 | 9.92 |
| MEEZAN TAHAFFUZ PENSION FUND (GOLD SUB FUND) | 471 | 5.36 | 48.60 | 23.88 | 0.36 | 21.40 |
| EXCHANGE TRADED FUND | Fund Net Assets (Rs. Bn) as of June 30th, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21* (Return%) | |
|---|---|---|---|---|---|---|
| MEEZAN PAKISTAN EXCHANGE TRADED FUND | 0.10 | 85.78 | -1.32 | -23.41 | 15.57 | |
| * 268 days of Operations | ||||||
* Meezan Bank's role is limited to distribution only
Al Meezan has recorded phenomenal growth over the last 10 years with Assets under Management (AUMs) growing from PKR 59.03 Billion in June 30th, 2014 to PKR 503.09 Billion on June 30th, 2024 reflecting an impressive 793.36% growth in the last ten years.
Units of all open-end funds are available at the branches of Al Meezan Investment Management Limited in Karachi, Hyderabad, Bahawalpur, Multan, Faisalabad, Lahore, Gujranwala, Sialkot, Gujrat, Peshawar, Rawalpindi, Islamabad, Abbottabad. They are also available through all branches of Meezan Bank Limited (MBL) across Pakistan, online transactions via Meezan Funds Online, or through MBL’s internet banking facility.
Risk Disclaimer: All investments in Mutual Funds and Pension Fund are subject to market risks. Past Performance is not necessarily indicative of future results. Please read the offering document to understand the investment policies, risks and tax implication involved. The products herein above have been approved by our Shariah Advisor Dr. Muhammad Imran Ashraf Usmani whose registration reference number is (SECP/IFD/SA/005).
