Karachi, The Tri-Star Mutual Fund (TSMF), yet another key player in Pakistan's mutual fund landscape, reported no change in its distribution policy, marking a distinctive stance in the latest financial disclosures on the Pakistan Stock Exchange (PSE). The mutual fund, which did not report a daily weighted average rate, disclosed a closing rate of 5.79 rupees. With a relatively smaller paid-up capital of 50.00 million rupees, it represents a niche segment within the mutual fund market.

Notably, the fund has not announced any distribution for the January-March 2024 period, aligning with its previous strategy of nil distributions. Tri-Star Mutual Fund, with a par value of 10 rupees and a market lot of 500, has been listed on the Pakistan Stock Exchange since 1994. The fund reported an earnings per share (EPS) of 4 rupees for the 2022/2023 financial year, highlighting its operational results amid a challenging economic landscape.