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Pakistan Income Fund


The objective of the fund is to deliver returns primarily from debt and fixed income investments without taking excessive risk.


Pakistan Income Fund (PIF) is an Open-end Income Scheme which aims to provide income from your investment along with capital growth.

Who should invest in PIF?

If you are looking for a medium-risk way which creates passive (monthly) income for your short-term financial goals, look no further! PIF is a perfect option for you. As PIF is less volatile compared to stock/equity schemes, therefore, they are best suited for investors who wish to avoid stock market instability.


  • Actively managed by experienced fund managers.
  • Enjoy income along with immediate returns on your investment.
  • You don’t need to start big, you can invest small rise later. Invest for as low as Rs 500.
  • We understand your need to build your wealth on your terms! PIF, gives you ease of withdrawing money at any time.

Quick Facts

Launch Date 11th March 2002
Fund Type An Open End Scheme
Currency PKR
Asset Manager Rating AM1 (AM 1) by PACRA 6-Oct-2023
Minimum Investment 500 /-
Fund Manager Syed Mohammad Usama Iqbal
Pricing Mechanism Forward
Listing Pakistan Stock Exchange
Trustee Central Depository Company of Pakistan Limited
Auditor M/s. A.F Ferguson & Co. Chartered Accountants
Benchmark Six(6) months KIBOR rates

Latest Expense ratio of the Fund is updated in the FMR (Fund Manager’s Report).

5 years performance

Year Fund (%) Benchmark (%)
2023 16.18 20.11
2022 9.57 11.41
2021 7.35 7.71
2020 13.96 13.04
2019 8.13 10.75

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Disclaimer: 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. Performance data does not include the cost incurred directly by an investor in the form of sales loads etc. The information in this literature is issued for indicative and informational purposes only and investors are advised to make their own appraisal of the investment opportunity, tax implications and consult their own financial, legal, taxation and/or other professional advisors prior to making any investment in mutual fund. The mutual fund may hold certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and the Financial Statements of the mutual fund particularly the details of non-compliant investments, provision against SWWF liability and Risk Factors.