Equity Funds
To provide Fund of Funds scheme a dedicated equity platform to seek long term capital appreciation.
At least 70% of its Net Assets shall remain invested in listed equity securities during the year based on quarterly average investment calculated on daily basis. The remaining Net Assets shall be invested in cash and / or near cash instruments. Cash and near cash instruments which include cash in Islamic bank accounts (excluding TDRs) and Shariah GOP Ijara Sukuk not exceeding 90 days remaining maturity.
| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|---|---|---|
| MDEF | -0.56% | -14.26% | 35.55% | -2.56% | -26.80% | -2.90% | - | - | - |
| Benchmark | 2.88% | -10.25% | 39.32% | 1.62% | -23.80% | 3.60% | - | - | - |
