⚡ Flash Summary

OPEN FUND 786 Islamic Money Market Fund’s financial results for the quarter ended September 30, 2025, show a decrease in total assets. The fund’s net assets decreased from Rupees 437.28 million to Rupees 382.55 million. The net asset value per unit increased slightly from Rupees 100.40 to Rupees 102.71. No cash dividend, bonus units, or right shares were recommended by the board. The fund’s income primarily comes from investments and balances with banks.

📌 Key Takeaways

• 📉 Total assets decreased to Rupees 384.58 million from Rupees 438.93 million.
• 💰 Balances with banks decreased to Rupees 380.26 million from Rupees 420.92 million.
• Investments decreased from Rupees 15 million to zero.
• 📈 Accrued income/profit increased to Rupees 3.67 million from Rupees 2.46 million.
• NIL Cash Dividend
• 🚫 NIL Bonus Units
• ❌ NIL Right Shares
• 📄 Total Liabilities increased to Rupees 2.03 million from Rupees 1.66 million.
• 📉 Net Assets decreased to Rupees 382.55 million from Rupees 437.28 million.
• 📉 Number of units in issue decreased to 3,724,455 from 4,355,336.
• 📈 Net asset value per unit increased to Rupees 102.71 from Rupees 100.40.
• 💰 Income from investments and balances with banks: Rupees 11.19 million.
• ⬇ Net cash generated / (used in) in from operating activities Rupees (631,194)
• 💸 Net cash generated from investing Activities: Rupees 24.98 million
• 💸 Net cash generated / (used in) from financing Activities Rupees (65.01 million)

🎯 Investment Thesis

Given the decrease in total assets and the slight increase in net asset value per unit, a HOLD recommendation is appropriate. The fund’s performance appears stable, but investors should monitor its ability to maintain consistent returns amid market fluctuations. The price target remains aligned with the current NAV per unit, with a time horizon of medium term, pending further financial results and market conditions.