⚡ Flash Summary

Atlas Money Market Fund (AMF) reports an increase in Net Asset Value per unit by 2.60% to Rs. 525.91 as of September 30, 2025, outperforming the benchmark of 10.66%. The fund maintains a high allocation in Treasury Bills, Bank Balances, and Placements, ensuring attractive returns and high liquidity for investors. Despite a 4% dip in Total Income, AMF successfully managed expenses and maintained growth. The net assets of the Fund stands at Rs. 55.79 billion with 106.08 million units outstanding.

📌 Key Takeaways

• ✅ NAV per unit increased by 2.60% to Rs. 525.91.
• 👍 Annualized return is 10.32%.
• ✔️ Benchmark was 10.66%.
• 🏦 Exposure: Treasury Bills (69.17%), Bank Balances (20.51%), Placements (9.75%).
• 💧 High liquidity maintained.
• 💰 Net Assets: Rs. 55.79 billion.
• 📈 Units Outstanding: 106.08 million.
• 🔻 Total Income decreased from Rs 1,466,982,805 to Rs 1,368,033,772.
• 💼 Management fee slightly decreased from Rs 47,807,049 to Rs 39,835,203.
• ✔️ PACRA rating is AM2++.
• ✔️ PACRA stability rating is AA+ (f).

🎯 Investment Thesis

HOLD. While the fund demonstrates good performance in terms of NAV growth and maintains a high degree of liquidity, the decrease in overall income merits a neutral recommendation. A significant change to the financial and investing reports would be needed to consider a new signal. Price target is around Rs 525.91