Karachi, Alhamra Islamic Active Allocation Fund and Al Hamra Smart Porfolio, two open-end mutual funds, have reported robust performance in 2023, according to financial announcements from the Pakistan Stock Exchange (PSE).Alhamra Islamic Active Allocation Fund, listed under fund code 69, posted an offer price of 107.58 PKR. The year-ending 2023 also saw the fund maintaining stability with no changes in its year-end redemption price. The fund, listed in June 2021, reported distributions for the previous book closure as NIL for the year 2022, indicating its steadfast performance.Al Hamra Smart Porfolio, with an offer price of 107.58 PKR, has shown impressive performance in 2023. The fund, listed concurrently with Alhamra Islamic Active Allocation Fund in June 2021, has exhibited consistent stability, reflecting a commitment to investors' trust.