Karachi: Mahaana Wealth Limited has reported a notable increase in the net assets of its Islamic Index Exchange Traded Fund (ETF) for the period ending March 31, 2026. The ETF’s net assets surged to 1.58 billion rupees from 345.59 million rupees, marking a substantial enhancement in its financial position.
According to the condensed interim statement of assets and liabilities released during the Board of Directors meeting held on May 4, 2026, the total assets of the ETF increased significantly from 355.25 million rupees in June 2025 to 1.58 billion rupees by March 2026. The investment portfolio itself rose from 343.36 million rupees to 1.55 billion rupees, showcasing a very large move in the fund’s asset management strategy.
The total liabilities of the ETF decreased from 9.66 million rupees to 4.63 million rupees. This reduction in liabilities, combined with the asset growth, led to an increase in the net asset value per unit from 13.36 rupees to 15.20 rupees.
Mahaana Wealth Limited issued 30.88 million new units during the nine-month period, contributing to a capital inflow of 1.34 billion rupees, while redeeming 4.77 million units with a total payout of 73.55 million rupees. The net comprehensive income for the period was reported at 190.57 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the number of units in issue rose to 103.90 million, compared to 25.86 million from the previous period, indicating a significant move in the market category.
The increase in net assets and the number of units reflects the ETF’s growing appeal to investors, as well as the overall performance and strategic management by Mahaana Wealth Limited. The company has successfully managed to enhance its market presence while maintaining a strong financial footing.