Tri-Star Mutual Fund NC Faces Challenges

Business & Finance

Karachi, Tri-Star Mutual Fund NC, listed as TSMF on the Pakistan Stock Exchange, has reported today’s rate at Rs. 4.41 with a paid-up capital of Rs. 50 million. The mutual fund’s fiscal year-end is in June, with no distributions announced for its shareholders. According to information available from the Pakistan Stock Exchange (PSX), the market lot size for the fund is 500 units. The fund's last book closure occurred on October 23, 1994. Despite its challenges, Tri-Star Mutual Fund was listed in 1994 and showed an EPS of Rs. 6 for January to April 2024, a decrease from the negative EPS of Rs. 3.26 in 2022/2023. The turnover for the fund was noted at 252,000 during 2022/2023.