Karachi: AKD Cash Fund, a prominent player in the Pakistan financial market category, has reported a decline in its total income for the fiscal year ending June 30, 2026. The fund's annual report, released on October 16, 2026, details a decrease in total income from Rs 252.86 million in 2025 to Rs 242.24 million in 2026.

The fund's income from government securities, a significant component of its portfolio, dropped to Rs 192.41 million in 2026 from Rs 215.25 million the previous year. Income from letter of placements, however, saw a substantial increase, rising to Rs 7.40 million from Rs 1.52 million. Income from corporate sukuks also experienced a notable rise, reaching Rs 39.67 million compared to Rs 8.78 million in 2025. The mark-up on bank deposits witnessed a sharp decline, falling to Rs 2.17 million from Rs 19.34 million. Additionally, realized gains on the sale of investments netted Rs 0.15 million, a decrease from Rs 7.65 million.

According to information available from the Pakistan Stock Exchange (PSX), the net unrealized gain on re-measurement of investments classified as 'financial assets at fair value through profit or loss' showed a moderate move, increasing to Rs 0.45 million from Rs 0.33 million.

Total expenses for the year decreased to Rs 17.30 million from Rs 23.56 million in the previous year. This reduction in expenses was primarily driven by the absence of management company allocated expenses, which were Rs 5.35 million in 2025. Remuneration of AKD Investment Management Limited, the management company, marginally decreased to Rs 11.35 million from Rs 11.94 million. Remuneration to the Central Depository Company of Pakistan Limited, acting as the trustee, rose to Rs 1.23 million compared to Rs 0.93 million in 2025.

The fund's net income before taxation was reported at Rs 224.93 million, slightly down from Rs 229.31 million in the previous year. With no taxation applied, the net income for the year remained the same at Rs 224.93 million. After accounting for income already paid on units redeemed, the income available for distribution stood at Rs 49.98 million, compared to Rs 55.13 million in 2025.

These financial results highlight the dynamics within the AKD Cash Fund's income streams and expense management over the fiscal year 2026.