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Category: Fund News

Mutual Funds: A Path to Financial Security in Pakistan

Karachi: Investing in mutual funds presents a promising strategy for financial growth and security in Pakistan, a nation often challenged by economic uncertainty and inflation. Traditional savings methods, such as fixed deposits, while popular, may no…

Meezan Islamic Income Fund Retains ‘A+(f)’ Stability Rating

Karachi: VIS Credit Rating Company Limited has reaffirmed the fund stability rating of the Meezan Islamic Income Fund (MIIF) at ‘A+(f)’ (Single A Plus (f)). The rating reflects a moderate degree of stability in the fund’s Net Asset Value, with potenti…

VIS Upgrades Fund Stability Rating of Meezan Daily Income Plan-I

Karachi: VIS Credit Rating Company Limited (VIS) announced an upgrade in the Fund Stability Rating of Meezan Daily Income Plan-I (MDIP-I) to ‘AA- (f)’ from ‘A+’. This upgrade reflects a high degree of stability in the plan’s Net Asset Value, although …

Meezan Cash Fund’s Stability Rating Reaffirmed at ‘AA+(f)’

Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of Meezan Cash Fund (MCF) at ‘AA+(f)’ (Double A Plus (f)). This rating reflects a high degree of stability in the Net Asset Value of the fund.

According to VIS Cred…

October CPI Projected at 6.5% Amid Sharp Disinflation Trend

Islamabad: Consumer Price Index (CPI) for October 2024 is anticipated to fall to 6.5%, marking the lowest level since January 2021 due to a high base effect, as ongoing disinflationary pressures continue. This represents a slight month-on-month (MoM) i…

VIS Update on the Entity Ratings of Rousch (Pakistan) Power Limited

Karachi: VIS Credit Rating Company Limited has placed the entity ratings of Rousch (Pakistan) Power Limited of ‘AA/A-1’ on Rating Watch with a Developing outlook, following previous adjustments in May.According to VIS Credit Rating Company Limited, the…