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 three funds among the universe of twenty-one funds. The category average showed a negative return of -2.74%. While top performing fund in the category showed a return of ~2.99%. NBP Islamic Stock Fund ranked 3 Star.

Total return of NBP Islamic Stock Fund in 1-year is -2.1% against the stock market return of 2.8%. In the end Jun'23, Fund's generate income by investing ~94.9% in Equities whereas ~3.4% in cash. Sector wise Fund invested ~32% in Oil and Gas Exploration Companies, ~15.5% in Cement, ~8.4% in Fertilizers. Whereas ~6.7% in Commercial Banks, ~8.3% in Technology and Communication and ~24% in others at the end Jun'23.

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