Karachi, HBL Investment Fund (HIFA), also a close-end mutual fund, showed a closing rate of Rs. 2.81 and a daily weighted average rate of Rs. 2,841.25, as per the details shared by the Pakistan Stock Exchange. For the fiscal year ending in June 2023, the fund has announced a modest 4% distribution to its shareholders. Established in 2004, HBL Investment Fund maintained a previous book closure date of June 7 and saw a turnover of 10,801,000, the highest for the year at Rs. 4.05. The fund's paid-up capital stands at Rs. 500 million.