Objective of the Plan
MFPF Education Savings Plan can become the right tool for planning your children’s education. With ease of regular investments and choice of allocation in accordance to your risk appetite, you also get the coverage of Takaful* for the security of your goals.
Benefits of Investing in Education Savings Plan
Investment in education plan allows you to:
- Help your child have the necessary funds for education at the required time
- Have higher growth potential on your investment amount
- Also get Group Family Takaful coverage* on your investment to provide your child a financial cover to safeguard against the uncertainty of life of the principal investor
Features of Education Savings Plan
- Plan available for a term of minimum 3 years to maximum 18 years
- You also get Group Family Takaful coverage*
- Choice of monthly, quarterly, semi-annual or annual contributions
- No back-end load penalty on redemptions
- Plan valid till principal investor attains age 60
- Minimum initial investment Rs. 5000/-
Choice of Allocation Plans
You can choose to invest in the following Allocation Plans:
| Plan | Shariah Compliant Equity Fund(s)/MIF Indicative Minimum Limits | Shariah Compliant MSF Indicative Minimum Limits |
|---|---|---|
| Aggressive Allocation Plan | 65% | 25% |
| Moderate Allocation Plan | 45% | 45% |
| Conservative Allocation Plan | 20% | 70% |
Note:
- For a comprehensive set of Terms and Conditions all investors are strongly encouraged to read the constitutive documents prior to investing
- For Takaful coverage*, the Management Company’s role is that of a corporate Takaful agent. Takaful service provider as principal is responsible for all liabilities under the terms of the policy
- The Management Company may discontinue the plan, if the Management Company in consultation with the Trustee is of the view that the Terms and Conditions of the plan are not viable for the investors. In such a case, unit holders may either remain invested in MFPF or redeem their units without any back end load
- Takaful premium shall be paid at the beginning of each month based on previous 2 month’s average balance amount (cut-off basis) of investor’s account
*Takaful contributions are deducted from investor’s investment account maintained with Al Meezan and submitted to the Takaful operator at periodic frequency. Takaful is subject to underwriting. The AMC will not be responsible or liable for maintaining service levels and/or any delay in processing claims arising out of this facility. The Management Company, the Trustee and the underlying Fund shall not be held liable for honoring any Takaful claims.
Risk Disclosure: All investments in mutual fund are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved.
Objective of the Plan
MFPF Wedding Savings Plan can become a perfect tool for wedding planning. With ease of regular investments and choice of allocation in accordance to your risk appetite, you also get the coverage of Takaful* for the security of your goals.
Benefits of Investing in Wedding Savings Plan
Investment in wedding plan allows you to:
- Obtain the necessary funds for wedding at the required time
- Have higher growth potential on your investment amount
- Also get Group Family Takaful coverage* on your investment to provide your child a financial cover to safeguard against the uncertainty of life of the principal investor
Features of Wedding Savings Plan
- Plan available for a term of minimum 3 years to maximum 18 years
- You also get Group Family Takaful coverage*
- Choice of monthly, quarterly, semi-annual or annual contributions
- No back-end load penalty on redemptions
- Plan valid till principal investor attains age 60
- Minimum initial investment Rs. 5000/-
Choice of Allocation Plans
You can choose to invest in the following Allocation Plans:
| Plan | Shariah Compliant Equity Fund(s)/MIF Indicative Minimum Limits | Shariah Compliant MSF Indicative Minimum Limits |
|---|---|---|
| Aggressive Allocation Plan | 65% | 25% |
| Moderate Allocation Plan | 45% | 45% |
| Conservative Allocation Plan | 20% | 70% |
Note:
- For a comprehensive set of Terms and Conditions all investors are strongly encouraged to read the constitutive documents prior to investing
- For Takaful coverage*, the Management Company’s role is that of a corporate Takaful agent. Takaful service provider as principal is responsible for all liabilities under the terms of the policy
- The Management Company may discontinue the plan, if the Management Company in consultation with the Trustee is of the view that the Terms and Conditions of the plan are not viable for the investors. In such a case, unit holders may either remain invested in MFPF or redeem their units without any back end load
- Takaful premium shall be paid at the beginning of each month based on previous 2 month’s average balance amount (cut-off basis) of investor’s account
*Takaful contributions are deducted from investor’s investment account maintained with Al Meezan and submitted to the Takaful operator at periodic frequency. Takaful is subject to underwriting. The AMC will not be responsible or liable for maintaining service levels and/or any delay in processing claims arising out of this facility. The Management Company, the Trustee and the underlying Fund shall not be held liable for honoring any Takaful claims.
Risk Disclosure: All investments in mutual fund are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved.
Home Builder Plan
MFPF Home Builder Plan help you to plan for your dream home. With ease of regular investments and choice of allocation in accordance to your risk appetite, you also get the coverage of Takaful* for the security of your goals.
Benefits of Investing in Home Builder Plan
Investment in wedding plan allows you to:
- Obtain the necessary funds for a home at the required time
- Have higher growth potential on your investment amount
- Also get Group Family Takaful coverage* on your investment to provide your child a financial cover to safeguard against the uncertainty of life of the principal investor
Features of Home Builder Plan
- Plan available for a term of minimum 3 years to maximum 18 years
- You also get Group Family Takaful coverage*
- Choice of monthly, quarterly, semi-annual or annual contributions
- No back-end load penalty on redemptions
- Plan valid till principal investor attains age 60
- Minimum initial investment Rs. 5000/-
Choice of Allocation Plans
You can choose to invest in the following Allocation Plans:
| Plan | Shariah Compliant Equity Fund(s)/MIF Indicative Minimum Limits | Shariah Compliant MSF Indicative Minimum Limits |
|---|---|---|
| Aggressive Allocation Plan | 65% | 25% |
| Moderate Allocation Plan | 45% | 45% |
| Conservative Allocation Plan | 20% | 70% |
Note:
- For a comprehensive set of Terms and Conditions all investors are strongly encouraged to read the constitutive documents prior to investing
- For Takaful coverage*, the Management Company’s role is that of a corporate Takaful agent. Takaful service provider as principal is responsible for all liabilities under the terms of the policy
- The Management Company may discontinue the plan, if the Management Company in consultation with the Trustee is of the view that the Terms and Conditions of the plan are not viable for the investors. In such a case, unit holders may either remain invested in MFPF or redeem their units without any back end load
- Takaful premium shall be paid at the beginning of each month based on previous 2 month’s average balance amount (cut-off basis) of investor’s account
*Takaful contributions are deducted from investor’s investment account maintained with Al Meezan and submitted to the Takaful operator at periodic frequency. Takaful is subject to underwriting. The AMC will not be responsible or liable for maintaining service levels and/or any delay in processing claims arising out of this facility. The Management Company, the Trustee and the underlying Fund shall not be held liable for honoring any Takaful claims.
Risk Disclosure: All investments in mutual fund are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved.
Hajj Savings Plan
MFPF Hajj Savings Plan can become your perfect planning tool to plan your holy journey of Hajj. With ease of regular investments and choice of allocation in accordance to your risk appetite, you also get the coverage of Takaful* for the security of your goals.
Benefits of Investing in Hajj Savings Plan
Investment in wedding plan allows you to:
- Obtain the necessary funds for Hajj at the required time
- Have higher growth potential on your investment amount
- Also get Group Family Takaful coverage* on your investment to provide your child a financial cover to safeguard against the uncertainty of life of the principal investor
Features of Hajj Savings Plan
- Plan available for a term of minimum 3 years to maximum 18 years
- You also get Group Family Takaful coverage*
- Choice of monthly, quarterly, semi-annual or annual contributions
- No back-end load penalty on redemptions
- Plan valid till principal investor attains age 60
- Minimum initial investment Rs. 5000/-
Choice of Allocation Plans
You can choose to invest in the following Allocation Plans:
| Plan | Shariah Compliant Equity Fund(s)/MIF Indicative Minimum Limits | Shariah Compliant MSF Indicative Minimum Limits |
|---|---|---|
| Aggressive Allocation Plan | 65% | 25% |
| Moderate Allocation Plan | 45% | 45% |
| Conservative Allocation Plan | 20% | 70% |
Note:
- For a comprehensive set of Terms and Conditions all investors are strongly encouraged to read the constitutive documents prior to investing
- For Takaful coverage*, the Management Company’s role is that of a corporate Takaful agent. Takaful service provider as principal is responsible for all liabilities under the terms of the policy
- The Management Company may discontinue the plan, if the Management Company in consultation with the Trustee is of the view that the Terms and Conditions of the plan are not viable for the investors. In such a case, unit holders may either remain invested in MFPF or redeem their units without any back end load
- Takaful premium shall be paid at the beginning of each month based on previous 2 month’s average balance amount (cut-off basis) of investor’s account
*Takaful contributions are deducted from investor’s investment account maintained with Al Meezan and submitted to the Takaful operator at periodic frequency. Takaful is subject to underwriting. The AMC will not be responsible or liable for maintaining service levels and/or any delay in processing claims arising out of this facility. The Management Company, the Trustee and the underlying Fund shall not be held liable for honoring any Takaful claims.
Risk Disclosure: All investments in mutual fund are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies and the risks involved.