Al-Ameen Islamic
Cash Plan - I

Aims to provide high liquidity and competitive returns while seeking maximum possible preservation of capital by investing in low risk and liquid shariah compliant instruments for unit holder

Al-Ameen Islamic Cash Plan – I

Why invest in Al‐Ameen Islamic Cash Plan-I?

  • 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 Plan-I (AICP-I) under Al-Ameen Islamic Cash Fund (AICF) 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 Plan-I (AICP-I) 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 Price100.5567
Selling Price 100.5567
As on: 26-Oct-2020

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Al-Ameen Islamic Cash Plan – I

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Fund Information
Rs.500Minimum investment
Rs.500Minimum subsequent investment
Investment charges NIL of Net Asset Value
Management fee (annual) 2.5 % of gross earnings subject to minimum fee of 0.15% p.a of net asset of Net Asset Value
Expense Ratio upto 0.77%
Benchmark Avg of 3m Deposit Rates of 3(“AA”) rated and above, Islamic banks (or Islamic Windows of qualifying Commercial Banks) for the period of return.
Risk & Reward Potential

Very Low

Risk of Prinicipal Erosion

VERY 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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