Al‐Ameen Islamic Cash Fund

This scheme provides an ideal short-term avenue for your surplus or idle cash allowing you to earn a healthy riba free return while having instant access to your money at all times.

Al‐Ameen Islamic Cash Fund

Why invest in Al‐Ameen Islamic Cash Fund?

  • Riba-free return

  • Easy access to money (in part or whole)

  • Same Day Redemption (Withdrawal) facility

  • No fixed-term holding period requirement

Al-Ameen Islamic Cash Fund (AICF) [formerly UBL Islamic Cash Fund (UICF)] is a mutual fund investment scheme that offers an ideal investment facility that allows you to earn an attractive and stable riba free return on your money while providing you the flexibility of withdrawing your money any time you want.

Al-Ameen Islamic Cash Fund (AICF)* is ideal for investors who:

  • You have access to money for a short period of time
  • You want to earn a stable riba free return on your savings
  • You want to save money for emergencies
  • You want instant access to your money at all times

Net Asset Value

Offer Price100.5052
Selling Price 100.5052
As on: 11-Dec-2019

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Al‐Ameen Islamic Cash Fund

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Fund Information
Rs.500Minimum investment
Rs.500Minimum subsequent investment
Investment charges NIL of Net Asset Value
Management fee (annual) 5% of all gross earnings (with minimum fee of : 0.25% p.a. & maximum fee of: 2% p.a.) of Net Asset Value
Fund ratingAA (f) (JCR-VIS)
Risk & Reward Potential

Low

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Disclaimer: All investments in mutual funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of the future results and investors are not offered any guaranteed/fixed returns. Please read the Offering Document of relevant fund to understand the investment policies and the risks involved.

Fund Documents

Download the latest fund related document for Al‐Ameen Islamic Cash Fund

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