UBL Government Securities Fund (UGSF)
This scheme provides a safe and secure avenue for your short and medium-term savings with the facility of accessing your money at your convenience.
About the scheme
Securities issued by the Government of Pakistan provide a secure avenue for investing your money while also making it possible to earn competitive returns.
UBL Government Securities Fund (UGSF) is a mutual fund investment scheme that invests primarily in securities issued by the Government of Pakistan to provide a competitive stream of income on your investment. As there is no fixed-term holding period requirement, you can invest in this scheme for both your short and longer term needs.
For your short-term needs
You can use your investment in UGSF for your short-term savings needs, that is money that you have access to for a limited period of time. Until the time your money is placed in UGSF you can earn a competitive return – whether it is for a few weeks or months. You have the option to withdraw your money, in part or whole, at your convenience whenever the need arises.
For your medium to long-term needs
You can also use your investment in UGSF for your medium to long-term savings needs. Since the scheme invests primarily in securities issued by the Government of Pakistan, it ensures the safety of your money while also allowing you to earn a more competitive return on your savings. You can also enjoy exclusive tax benefits on your investment in UGSF. Not just this, unlike a fixed term deposit, there is no minimum holding period requirement in UGSF , so while you may plan to save for your longer term goals, you can easily access your money, without any charges, any time you want.