Tri-Star Mutual Fund Faces Challenges in the Current Fiscal Year

Karachi, The Tri-Star Mutual Fund NC released its financial performance for the fiscal year ending March 2024, marking a challenging period for the fund. It registered a negative earnings per share (EPS) of Rs. 3.26, indicating a downturn from its previous performance.

The fund, which has a paid-up capital of Rs. 50.00 million, reported no dividend distribution this year, reflecting its current financial constraints. Tri-Star Mutual Fund, listed in 1994, maintains a market lot of 500 and had its book closure on October 23. Despite the setbacks, the fund remains a notable entity in the market with its long-standing history.