Equity funds endeavor to offer higher growth and competitive returns to the investors with a comparatively high level of risk, by actively investing in equity securities. These schemes are best suitable for investors with a long term investment horizon.
ABL Stock Fund invests primarily in securities listed at KSE-100 Index. This scheme offers you an opportunity to maximize the growth potential of your savings over the long-term by investing your money in the stock market with the help of our investment professionals.
The Fund aims to provide capital appreciation to investors through higher, long-term risk-adjusted returns by investing in a diversified portfolio of equity instruments offering capital gains and dividends.
If you invested Rs. 100,000 in ABL Stock Fund at the time of launch in June 2009, the value of your investment has increased by 942.83% to reach Rs. 1,042,830 as on as of March 31st 2024.
Strong long-term performance track record both in absolute terms and relative to its benchmark with cumulative return since inception (June 27, 2009 till of March 31st 2024) is 942.83% as against the benchmark return of 402.69% for the corresponding period.
Average annualized return since inception (June 27, 2009 till March 31st 2024) is 17.15% in PKR terms.
*Investors are encouraged to consult their Investment advisor prior to investing in the product.
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| Scheme Name | ABL Stock Fund |
|---|---|
| Scheme type | Open-End Equity Scheme |
| Date of Inception | June 27, 2009 |
| Fund Size |
PKR 3,150 Mn. as at March 31st 2024 |
| Objective of the scheme | To provide higher risk adjusted returns over the long term by investing in a diversified portfolio of equity instruments offering capital gain and dividends. |
| Benchmark | KSE-100 Index |
| Minimum Investment Amount |
Initial Rs.5,000/- (subsequent investment 1,000/-) |
| Lock-In Period | None |
| Management Fee | 2% p.a |
| Entry Load | 2% |
| Exit Load | None |
| Systematic Investment Plan Facility | Yes |
| FY 23 | FY 22 | FY 21 | FY 20 | FY 19 | FY 18 | FY 17 | FY 16 | FY 15 | |
|---|---|---|---|---|---|---|---|---|---|
| ABL Stock Fund Returns | (2.39%) | (18.26%) | 39.26% | (1.44%) | (16.54%) | (16.84%) | 33.21% | 9.91% | 27.11% |
| Benchmark Returns | (0.21%) | (12.28%) | 37.58% | 1.53% | (19.11%) | (10.00%) | 22.40% | 0.37% | 5.67% |
