Al Meezan Investments has a vision: To make Shariah Compliant Investing a first choice for investors. Alhamdulillah, Al Meezan Investments has been operating as a full-fledged Shariah Compliant Asset Management Company since 1995.
As the largest fund manager in Pakistan, we proudly manage over Rs. 611 billion in Assets Under Management, serving a diverse customer base of over 365,000 investors. We also hold the highest management quality rating of AM1, awarded by both VIS and PACRA.
We offer a comprehensive range of Shariah Compliant investment solutions, including Mutual Funds, Pension Funds, and investment advisory services.
The Shariah Advisor of Meezan Bank Limited, who also serves as the Shariah Advisor of Al Meezan, supervises the operations to ensure Shariah compliance of the funds.
*As of October 31, 2024
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, index tracker, 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 October 31st, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN ISLAMIC FUND | 28.62 | 73.00 | -2.54 | -11.27 | 35.50 | 2.81 |
| AL MEEZAN MUTUAL FUND | 6.46 | 74.84 | -0.28 | -10.91 | 32.51 | 3.09 |
| MEEZAN ENERGY FUND | 1.40 | 86.79 | -2.13 | -8.10 | 14.25 | -10.04 |
| BALANCED FUNDS | Fund Net Assets (Rs. Bn) as of October 31st, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN BALANCED FUND | 2.70 | 43.38 | 4.87 | -3.61 | 18.13 | 8.14 |
| FIXED INCOME FUND | Fund Net Assets (Rs. Bn) as of October 31st, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN SOVEREIGN FUND | 247.68 | 21.89 | 15.37 | 8.27 | 7.65 | 11.17 |
| MEEZAN ISLAMIC INCOME FUND | 41.34 | 20.94 | 14.86 | 8.63 | 6.64 | 11.57 |
| MEEZAN DAILY INCOME FUND | 78.68 | 21.78 | 16.86 | 10.58* | - | - |
| MEEZAN CASH FUND | 80.93 | 21.22 | 16.11 | 9.00 | 5.81 | 10.95 |
| MEEZAN ROZANA AMDANI FUND | 53.87 | 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 October 31st, 2024 |
|---|---|
| MEEZAN PAAIDAAR MUNAFA PLAN-V | 8.73 |
| MEEZAN PAAIDAAR MUNAFA PLAN-X | 3.06 |
| MEEZAN PAAIDAAR MUNAFA PLAN-XII | 0.86 |
| FUND OF FUNDS | Fund Net Assets (Rs. Mn) as of October 31st, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MFPF – AGGRESSIVE ALLOCATION PLAN | 113 | 55.25 | 1.13 | -5.35 | 27.21 | 6.86 |
| MFPF – MODERATE ALLOCATION PLAN | 82 | 45.89 | 5.29 | 0.44 | 20.83 | 10.11 |
| MFPF – CONSERVATIVE ALLOCATION PLAN | 62 | 32.52 | 9.81 | 4.08 | 12.93 | 10.96 |
| MFPF – VERY CONSERVATIVE ALLOCATION PLAN | 2 | 19.42 | - | - | - | - |
| VOLUNTARY PENSION SCHEMES | Fund Net Assets (Rs. Bn) as of October 31st, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21 (Return%) | FY20 (Return%) |
|---|---|---|---|---|---|---|
| MEEZAN TAHAFFUZ PENSION FUND (EQUITY SUB FUND) | 6,104 | 77.07 | 0.21 | -9.93 | 34.72 | 5.97 |
| MEEZAN TAHAFFUZ PENSION FUND (DEBT SUB FUND) | 7,403 | 20.78 | 14.39 | 8.34 | 7.37 | 10.99 |
| MEEZAN TAHAFFUZ PENSION FUND (M.MKT SUB FUND) | 12,915 | 22.06 | 15.87 | 8.26 | 5.19 | 9.92 |
| MEEZAN TAHAFFUZ PENSION FUND (GOLD SUB FUND) | 647 | 5.36 | 48.60 | 23.88 | 0.36 | 21.40 |
| EXCHANGE TRADED FUND | Fund Net Assets (Rs. Bn) as of October 31st, 2024 | FY24 (Return%) | FY23 (Return%) | FY22 (Return%) | FY21* (Return%) | |
|---|---|---|---|---|---|---|
| MEEZAN PAKISTAN EXCHANGE TRADED FUND | 0.13 | 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 52.2 Billion in October 31st, 2014 to PKR 611.02 Billion on October 31st, 2024 reflecting an impressive 1070.22% 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).
