Karachi: MCB Investment Management Limited, managing the Alhamra Opportunity Fund, has reported a substantial increase in financial performance for the fiscal year ending June 30, 2026. The Board of Directors disclosed these results following their meeting at the firm's head office in Karachi on Tuesday, August 04, 2026.
According to the financial statements, the Alhamra Opportunity Fund's total income for the year surged to 424.07 million rupees, a significant move from the previous year's 129.22 million rupees. This notable increase was driven by substantial gains in several income streams. Profit on savings accounts with banks rose to 16.37 million rupees from 2.99 million rupees. Dividend income witnessed a very large move, climbing to 96.36 million rupees from 35.30 million rupees. Net realised gain on the sale of investments increased to 153.99 million rupees compared to 25.10 million rupees in the previous year. Additionally, net unrealised appreciation on re-measurement of investments classified as 'financial assets at fair value through profit or loss' reached 157.36 million rupees, up from 65.83 million rupees.
The fund also experienced an increase in total expenses, which amounted to 81.92 million rupees compared to 18.25 million rupees in the previous fiscal year. Notable expense items included the remuneration of MCB Investment Management Limited, totaling 54.58 million rupees, and the Sindh Sales Tax on the remuneration of the Management Company, amounting to 8.19 million rupees.
Net income for the year before taxation was reported at 342.15 million rupees, a considerable rise from the previous year's 110.97 million rupees. The fund's net income after taxation remained unchanged, as no tax was applicable. The allocation of net income resulted in 271.94 million rupees available for distribution, including 246.56 million rupees relating to capital gains and 25.39 million rupees excluding capital gains.
According to information available from the Pakistan Stock Exchange (PSX), these financial results place the Alhamra Opportunity Fund in the spotlight within the designated market category. The fund's strategic management and investment choices have evidently contributed to its enhanced financial performance for the fiscal year, reflecting a successful period for MCB Investment Management Limited and its stakeholders.