Karachi, May 18, 2020: In April-20, total Asset Under Management (AUM) of mutual fund industry grew by 14 percent MoM to PKR766 billion, open-end funds augmented by PKR~91 billion and stood at PKR736 billion. Category wise analysis revealed, AUM of Equity Fund increased by 21 percent MoM (PKR20 billion), Money Market Funds AUM improved by…
Karachi, April 20, 2020: National Investment Trust Limited (NITL) has successfully launched its Asset Allocation Fund (NIT-AAF). Experienced Fund Managers of NIT Funds will allocate investments between Equity & Debt Markets as per market conditions to achieve competitive returns in volatile market conditions. Investors can invest with and amount as low as Rs. 5,000 while…
Karachi, April 15, 2020: The Chief Minister of Sindh, Syed Murad Ali Shah, recently met with the Chief Executive Officer of English Biscuit Manufacturers (EBM), Dr. Zeelaf Munir, who presented him with 20 million Rupees as a donation for the CM Sindh’s COVID-19 Relief Fund. This gesture was a part of EBM’s social responsibility initiative…
Karachi, April 14, 2020: Engro Energy Limited – part of Engro Corporation – today donated PKR 50 million to the Government of Sindh Corona Emergency Fund. The donation was made in presence of the Chief Minister of Sindh – Murad Ali Shah; Ghias Khan – President & CEO Engro Corporation; and Ahsan Zafar Syed –…
Karachi, April 14, 2020: As the novel coronavirus (COVID-19) spreads across Pakistan, the health system is increasingly under pressure. One of the biggest issues being faced is the limited availability of free of cost testing for the destitute population. Realizing this as an urgent need, Jazz has donated PKR 8 million to Shaukat Khanum Memorial Cancer Hospital and…