AKD Investment Management Limited Releases Annual Report Highlighting Fund Performance

Karachi: The Board of Directors of AKD Investment Management Limited (AKDIML) has released its annual report for the fiscal year ending June 30, 2026, detailing the performance of its various funds. The report was presented on October 29, 2026, and provides insights into the returns and distributions across the company's diverse portfolio.

In the designated market category of equity funds, the AKD Opportunity Fund (AKDOF) posted a return of 37.01%, which was below the benchmark KSE-100 Index return of 43.52%. A total distribution of PKR 3.00 per unit was approved for unit holders.

The Golden Arrow Stock Fund (GASF) achieved a return of 29.53%, also falling short of the benchmark KSE-100 Index. The approved distribution for GASF was PKR 0.50 per unit.

The AKD Islamic Stock Fund (AKDISSF) reported a return of 26.72%, underperforming against the KMI-30 Index benchmark return of 39.18%. The fund's distribution was set at PKR 1.00 per unit.

The AKD Index Tracker Fund (AKDITF) delivered a return of 41.64%, slightly below the KSE-100 Index return. The unit holders received a distribution of PKR 2.00 per unit.

Among cash and income funds, the AKD Cash Fund (AKDCF) posted a return of 10.50% compared to its benchmark return of 10.73%, representing a minor move. The distribution per unit was PKR 5.31.

The AKD Islamic Income Fund (AKDISIF) outperformed its benchmark, achieving a return of 9.49% against 9.43%, indicating a minor move. The distribution was PKR 3.50 per unit.

The AKD Aggressive Income Fund (AKDAIF) reported a return of 18.06%, significantly exceeding the benchmark return of 11.31%. Unit holders received a distribution of PKR 8.33 per unit.

The AKD Islamic Cash Fund (AKDICF), formerly known as the AKD Islamic Daily Dividend Fund, achieved a return of 11.24% against a benchmark return of 9.37%, representing a moderate move. The distribution per unit was PKR 5.18.

The recently launched AKD Alpha Income Fund (AKDALIF) posted an annualized return of 13.68% since its inception on April 10, 2026, compared to the benchmark return of 11.31%. However, no distribution was approved for this fund.

According to information available from the Pakistan Stock Exchange (PSX), the reported performances reflect varied outcomes for investors, with several funds trailing behind their benchmarks while others surpassed expectations.