Karachi: The 786 Smart Fund has released its financial results for the quarter ending September 30, 2026, showcasing a stable performance in its income statement. The fund reported a net income of 34.96 million rupees for the quarter, maintaining a steady upward trajectory from the 34.06 million rupees recorded in the comparable quarter of the previous year.

The fund's income primarily stemmed from investments and bank balances, which contributed 41.81 million rupees, slightly higher than the 40.47 million rupees reported in the same period last year. Other income sources added a modest 193,697 rupees, compared to 545,808 rupees in the prior year. Notably, there was no realized gain or loss on the sale of investments during this quarter, contrasting with the 3.06 million rupees loss recorded in the previous year.

Expenses for the quarter amounted to 7.05 million rupees, a decrease from the 8.08 million rupees reported last year. Key expense components included remuneration to the management company, which stood at 4.98 million rupees, and associated taxes, which contributed an additional 747,136 rupees. Trustee fees and related taxes accounted for 517,602 rupees, down from 812,695 rupees last year.

According to information available from the Pakistan Stock Exchange (PSX), the fund's net income available for distribution, excluding capital gains, reached 34.05 million rupees, reflecting a consistent performance compared to the 33.83 million rupees recorded in the previous year. The fund did not experience any capital loss this quarter, unlike the previous year's loss of 3.06 million rupees.

Overall, the 786 Smart Fund demonstrates a stable financial position, leveraging income from investments and efficient expense management to maintain its net income levels despite the absence of capital gains or losses.