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Category: Fund News

VIS Assigns High Stability Rating to HBL Fund Plan

Karachi: VIS Credit Rating Company Limited has announced the assignment of a Fund Stability Rating of ‘AA (f)’ to the HBL Mehfooz Munafa Fund Plan-III. This rating indicates a high level of stability in the fund’s Net Assets Value, though it acknowled…

PACRA Confirms Stability Rating for Al Ameen Islamic Income Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the stability rating for Al Ameen Islamic Income Fund, maintaining an AA(f) long-term rating with a stable outlook. This decision reflects the Fund’s continued adherence to its inve…

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 …