Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating for the Pak Oman Daily Dividend Fund (PO-DDF), affirming its position as a low-risk, Shariah-compliant money market option. As of September 2025, the fund's assets under management stood at PKR 70 million, with a primary focus on liquidity through daily dividends and short-term Islamic investments.

The Fund's asset allocation remains highly liquid, with approximately 84% held in cash and the balance invested in other Shariah-compliant avenues. This structure aligns with the Fund's objective of offering immediate liquidity while preserving capital.

In terms of credit quality, the Fund invests predominantly in AAA-rated instruments, accounting for about 81% of its portfolio. An additional 2% is in AA-rated exposures, with the rest in other low-risk instruments, underscoring the conservative nature of the Fund's risk profile.

By the end of September 2025, the Fund's duration and Weighted Average Maturity (WAM) were both reported at one day. This reflects the Fund's commitment to maintaining a short-term maturity profile, minimizing exposure to interest rate fluctuations.

The unit holding pattern of the Fund is highly concentrated, with 100% of units held by the top 10 investors, approximately 99% of which are associated companies or related parties. While this concentration is significant, it often indicates stability and reduces the potential for sudden redemption pressures.

PACRA noted that any significant changes in investment policy or compliance with rating criteria could impact the Fund's ratings in the future.