⏸️ NBP-FUNDS: HOLD Signal (5/10) – Announcement of Financial Results of Funds under management of NBP Fund Management Limited for the Quarter Ended September 30, 2025

📌 Key Takeaways

• 📢 NBP Fund Management Limited announced financial results for funds under its management for the quarter ended September 30, 2025.
• 📜 The announcement includes condensed interim income statements (un-audited) for various funds.
• 📊 Funds covered range across different investment strategies: income, stock, balanced, Islamic, and money market.
• 📄 Annexure A details the NBP Income Opportunity Fund, with a net income after taxation of 553.038 million Rupees compared to 284.676 million in 2024.
• 📈 Annexure B covers NBP Stock Fund, reporting net income after taxation of 13,137.465 million Rupees against 820.717 million in 2024.
• ⚖️ NBP Balanced Fund, as per Annexure C, shows a net income after taxation of 338.923 million Rupees, up from 53.047 million in 2024.
• 🌙 NBP Islamic Savings Fund (Annexure D) earned a net income after taxation of 294.772 million Rupees, a decrease from 539.664 million in 2024.
• ✨ NBP Islamic Sarmaya Izafa Fund (Annexure E) has a net income after taxation of 426.026 million Rupees compared to 31.084 million in 2024.
• 💰 NBP Savings Fund (Annexure F) reported a net income after taxation of 473.643 million Rupees against 296.550 million in 2024.
• 🛡️ NBP Government Securities Liquid Fund (Annexure G) reports a net income after taxation of 292.726 million Rupees, down from 581.876 million in 2024.
• 📈 NBP Mahana Amdani Fund (Annexure H) has a net income after taxation of 245.152 million Rupees compared to 360.274 million in 2024.
• 📈 NBP Sarmaya Izafa Fund (Annexure I) reports Net Income for the period after taxation of 228.821 million Rupees compared to 36.467 in 2024.
• 🏦 NBP Riba Free Savings Fund (Annexure J) reports Net Income for the period after taxation of 547.977 million Rupees compared to 349.828 in 2024.

🎯 Investment Thesis

Given the limited information in the announcement, a definitive BUY/SELL/HOLD recommendation is challenging. The announcement only presents the income statement for the quarter ended September 30, 2025, without historical performance data, asset allocation details, or management commentary. A ‘HOLD’ recommendation is appropriate until a more in-depth analysis is conducted, incorporating a review of the funds’ complete financial statements, investment strategies, and risk profiles. Further, current market conditions and alignment of funds investment strategy with investor’s risk appetite needs to be assessed before making any investment decision.