Lahore, August 16, 2023 (PPI-OT): During FY23 the KSE-100 and KSE-30 index declined by -7.39% and -0.21% whereas KMI-30 improved by ~2.88%. The overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked funds comprise of four funds among the universe of twenty-eight funds. The category average showed a negative return of -4.96%. While top performing fund in the category showed a return of ~8.17%. First Capital Mutual Fund ranked 3 Star.

Total return of First Capital Mutual Fund in 1-year is -3.18% which performed well from stock market negative return of -7.39%. In the end Jun’23, Fund’s generate income by investing ~71.45% in equities and ~23.81% in cash. Sector wise Fund majority invested ~13.13% in Commercial Banks, ~9.91% in Oil and Gas Exploration, ~7.52% in Oil and Gas Marketing Com. and ~24.36% in others.

For more information, contact:

Analyst,

The Pakistan Credit Rating Agency Limited (PACRA)

Awami Complex, FB1, Usman Block New Garden Town,

Lahore, Pakistan

Tel: +92-42-5869504-6

Fax: +92-42-5830425

Email: [email protected]

Website: www.pacra.com