Who We Are

MCB Funds (MCB Investment Management Limited) is a Public Limited Company listed on Pakistan Stock Exchange. The Company is registered as a Pension Fund Manager under the Voluntary Pension System Rules, 2005, as an Asset Management Company and an Investment Advisor under the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003. MCB Funds is a member of the Mutual Funds Association of Pakistan (MUFAP).

Pakistan Credit Rating Agency Limited (PACRA) has assigned highest Asset Manager Rating of AM1 to MCB Funds. This high quality Asset Manager Rating denotes that MCB Funds meets or exceeds the overall investment management industry best practices and highest benchmarks.

MCB Funds is currently managing twenty seven (27) Open-end Schemes, Six (6) Voluntary Pension Schemes and more than twenty (20) Discretionary and Non- Discretionary Portfolios. The Company has over 242,000+ Customers comprising individuals, sole-proprietorships, retirement funds, public and private sector entities and charitable institutions. The Assets under Management of MCB Funds as of May 31 2026 are over Rs. 535 billion+.

MCB Funds was incorporated in the name of Arif Habib Investment Management Limited (AHIML) on August 30, 2000 as an unquoted Public Limited Company. During 2008, AHIML was listed on the Karachi Stock Exchange Limited (now integrated into the Pakistan Stock Exchange Limited) by way of offer for sale of shares by a few of its existing shareholders to the general public. In the same financial year, the name of AHIML was changed from “Arif Habib Investment Management Limited” to “Arif Habib Investments Limited” (AHIL). On January 19, 2011, a transfer agreement was signed between Arif Habib Corporation Limited (AHCL) [the then parent of AHIL] and MCB Bank Limited (MCB Bank) [the then parent of MCB Asset Management Company Limited (MCB AMC)] for transfer of the entire business of MCB AMC to AHIL to achieve synergies in business and to access a wider distribution network. The scheme of amalgamation (“the Scheme”) was approved by the shareholders of AHIL and MCB AMC in their respective extraordinary general meetings held on May 21, 2011. The Scheme was also approved by the Securities and Exchange Commission of Pakistan (SECP) with the effective date of amalgamation being June 27, 2011 (the effective date). In accordance with the terms contained in the Scheme, the Company became a subsidiary of MCB Bank Limited from the end of the year ended June 30, 2011 which owned 51.33% ordinary shares in the Company. Pursuant to the merger of MCB AMC with and into AHIL, the name of AHIL was changed to MCB-Arif Habib Savings and Investments Limited, effective from May 23, 2013.

On April 18, 2023, MCB Bank Limited (MCB) acquired 21,664,167 (30.09%) shares of MCB Arif Habib Savings & Investment Limited (MCB-AH) from Arif Habib Corporation Limited (AHCL). By virtue of this transaction MCB Bank Limited’s shareholding in MCB-AH has increased from 36,956,768 (51.33%) shares to 58,620,935 (81.42%) and AHCL no longer holds any shares in MCB-AH. With MCB Bank’s increased shareholding of 81.42%, we proudly announce our fresh brand identity, MCB Funds, currently trading as MCB Investment Management Limited.