Allied Capital Protected Fund is the second in series of open end capital protected funds. It aims to protect your capital at all times to keep you worry-free while making investment decisions. It will also help you grow your investment by providing optimal returns through active asset allocation.
The Fund aims to protect the principal investment of the investors upon maturity by placing a significant portion of the Trust Property as TDR with a minimum AA-rated Bank and /or DFI, and remaining in equity market or any other investments permitted by the regulator to provide investors with better returns.
| Scheme Name | Allied Capital Protected Fund |
|---|---|
| Scheme type | Open-End Capital Protected Scheme |
| Date of Inception | February 19, 2018 |
| Fund Size | PKR 361 Mn. as at October 31, 2019 |
| Objective of the scheme | To protect the principal investment of the investors upon maturity by placing a significant portion of the Trust Property as TDR with a minimum AA-rated Bank and /or DFI, and remaining in equity market or any other SECP permitted investments to provide investors with better returns. |
| Benchmark | Weighted Average Daily Return of KSE-100 Index and Three (3) months deposit Rate of a Double A minus (AA-) or above rated Bank and/or DFI based on the Fund’s actual Proportion in the Investment Segment and Capital Protection Segment |
| Minimum Investment Amount | Rs.5,000 |
| Management Fee | 0.75% of Net Assets |
| Entry Load | Up to 0.75% |
| Exit Load | Contingent- 2% of NAV for 1 Year and 1% of NAV thereon |
| Tax Benefits | Tax credit (as per prevailing Tax Rules)* on maximum 20% of your taxable income or Rs. 2,000,000, whichever is lower. *Under Section 62 of the Income Tax Ordinance 2001 |
| FY 20 | FY 19 | |
|---|---|---|
| Allied Capital Protected Fund Returns | 6.25% | 2.83% |
| Benchmark Returns | 5.59% | 0.75% |
