Karachi, The NAFA Islamic Active Allocation Fund, listed under the Pakistan Stock Exchange, announced its annual distribution rates for various plans in its portfolio for the year ending June 2024. The fund, which comprises multiple plans tailored to different investment strategies, revealed distributions ranging from 2.94% to 9.35% for different plans, despite an offer price of zero.

The NAFA Islamic Active Allocation Fund - I reported a distribution rate of 4.92% for its Plan-I, with the offer price set at 131 Rs., while Plan-II showed a more robust distribution of 9.35% with the same offer price. Plan-III offered a modest 2.94% distribution with an offer price of 122.03 Rs. Plans IV and V, however, reported no distributions with offer prices of 107.18 Rs. and 97.25 Rs., respectively. All plans listed were initially offered in 2016 and had their book closure last on June 29, 2022.