JS Fixed Term Munafa Fund (JSFTMF)

Investment Objective

JS Fixed Term Munafa Fund (JSFTMF) aims to provide fixed return to its unit holders subject to holding of the investment till maturity of the respective plan(s).

What is JSFTMF?

JS Fixed Term Munafa Fund (JSFTMF) is a Fixed Rate/Return investment scheme, which is meticulously crafted to deliver a fixed return to investors subject to maintaining the investment until the maturity of the respective plan(s). Investors can experience stable and predictable returns with low to moderate risk profile. The fund's strategy centers on augmenting income through various investment avenues, ensuring a well-rounded and secure financial portfolio

JS Fixed Term Munafa Plan 1

Subscription Period: 26th December, 2023 – 8th January, 2024
Maturity: 3 years (8th January 2024 till 7th January 2027)
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 1 (JSFTMP – 1) shall be 3 years PKRV Rates at the time of Plan Launch.

1 Year Performance

JS Fixed Term Munafa Plan 2

Subscription Period: 26th December, 2023 – 8th January, 2024
Maturity: 1 year (8th January 2024 till 7th January 2025)
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 2 (JSFTMP – 2) shall be 1 years PKRV Rates at the time of Plan Launch

1 Year Performance

JS Fixed Term Munafa Plan 3

Subscription Period: 8th March, 2024 – 8th April, 2024
Maturity: 10 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 3 (JSFTMP – 3) shall be 1 year PKRV Rates at the time of Plan Launch.

1 Year Performance

JS Fixed Term Munafa Plan 4

Subscription Period: 8th March, 2024 – 3rd May, 2024
Maturity: 3 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 4 (JSFTMP – 4) shall be 3 months PKRV Rates at the time of Plan Launch

1 Year Performance

JS Fixed Term Munafa Plan 5

Subscription Period: 8th March, 2024 – 31st May, 2024
Maturity: 3 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 5 (JSFTMP – 5) shall be 3 months PKRV Rates at the time of Plan Launch

1 Year Performance

JS Fixed Term Munafa Plan 6

Subscription Period: 9th July, 2024 – 26th July, 2024
Maturity: 12 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 6 (JSFTMP – 6) shall be 12 months PKRV Rates at the time of Plan Launch

JS Fixed Term Munafa Plan 7

Subscription Period: 2nd August, 2024- 13th August, 2024
Maturity: 3 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan - 7 (JSFTMP - 7) shall be 3 months PKRV Rates at the time of Plan

JS Fixed Term Munafa Plan 8

Subscription Period: 31st July, 2024 - 21st August, 2024
Maturity: 5 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan - 8 (JSFTMP - 8) shall be 6 months PKRV Rates at the time of Plan

JS Fixed Term Munafa Plan 9

Subscription Period: 11th September, 2024 - 13th September, 2024
Maturity: 6 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 9 (JSFTMP – 9) shall be 6 months PKRV Rates at the time of Plan Launch

JS Fixed Term Munafa Plan 10

Subscription Period: October 22nd 2024 - December 5th 2024
Maturity: 6 months after the close of subscription period
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 10 (JSFTMP – 10) shall be 6 months PKRV Rates at the time of Plan Launch

JS Fixed Term Munafa Plan 11

Subscription Period: October 3rd 2024 - November 1st 2024
Maturity: 12 months after the close of the subscription period
Asset allocation, Treasury Bills, Pakistan Investment Bonds, Bank Deposits with AA Rated banks and placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 11 (JSFTMP – 11) shall be 12 months PKRV Rates at the time of the plan launch.

JS Fixed Term Munafa Plan 12

Subscription Period: October 22nd 2024 - November 7th 2024
Maturity: 3 months after the close of the subscription period
Asset allocation, Treasury Bills, Pakistan Investment Bonds, Bank Deposits with AA Rated banks and placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 12 (JSFTMP – 12) shall be 3 months PKRV Rates at the time of the plan launch.

JS Fixed Term Munafa Plan 13

Subscription Period: December 31st to January 15th 2025
Maturity: 1 year
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: JS Fixed Term Munafa Plan – 13 (JSFTMP – 13) shall be 1 year PKRV Rates at the time of Plan Launch

JS Fixed Term Munafa Plan 14

Subscription Period: February 4th, 2025 to February 25th, 2025
Maturity: 1 year
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: The benchmark of the JS Fixed Term Munafa Plan-14 (JSFTMP-14) shall be the PKRV/PIB rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS.

JS Fixed Term Munafa Plan 15

Subscription Period: March 10th, 2025 till April 11th, 2025
Maturity: 1 year
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: The benchmark of the JS Fixed Term Munafa Plan-15 (JSFTMP-15) shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS.

JS Fixed Term Munafa Plan 16

Subscription Period: March 10th, 2025 till April 11th, 2025
Maturity: 10 Months
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: The benchmark of the JS Fixed Term Munafa Plan-16 (JSFTMP-16) shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS.

JS Fixed Term Munafa Plan 17

Subscription Period: March 24th, 2025 till May 5th, 2025
Maturity: 3 Months
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: The benchmark of the JS Fixed Term Munafa Plan 17 (JSFTMP-17) shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS.

JS Fixed Term Munafa Plan 18

Subscription Period: 3rd July 2025 to 30th July 2025
Maturity: 6 months
Asset Allocation: Treasury Bills, Pakistan Investments Bonds, Bank Deposits with AA Rated Banks and Placements with financial institutions
Benchmark: The benchmark of the JS Fixed Term Munafa Plan 18 (JSFTMP-18) shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS

JS Fixed Term Munafa Plan 19

Subscription Period: 12th December 2025 to 22 January 2026
Maturity: 3 months
Asset Allocation: The Fund shall primarily invest in Fixed Income Securities such as Government Securities, Cash in Bank Account, Money Market Placements, Deposits, Certificate of Deposits (COD), Certificate of Musharakas (COM) and TDRs, as per respective authorized investable avenues, and such as approved by SECP.
Benchmark: The benchmark of the JS Fixed Term Munafa Fund - Plan 19 (JSFTMF-P-19) shall be 3 Months PKRV Rates at the time of the Plan Launch.

JS Fixed Term Munafa Plan 20

Subscription Period: 12th December 2025 to 22nd January 2026
Maturity: 12 months
Asset Allocation: The Fund shall primarily invest in Fixed Income Securities such as Government Securities, Cash in Bank Account, Money Market Placements, Deposits, Certificate of Deposits (COD), Certificate of Musharakas (COM) and TDRs, as per respective authorized investable avenues, and such as approved by SECP.
Benchmark: The benchmark of the JS Fixed Term Munafa Fund - Plan 20 (JSFTMF-P-20) shall be 12 Month PKRV Rates at the time of the Plan Launch.

JS Fixed Term Munafa Plan 21

Subscription Period: 20th January 2026 to 2nd February 2026
Maturity: 6 months
Asset Allocation: The Fund shall primarily invest in Fixed Income Securities such as Government Securities, Cash in Bank Account, Money Market Placements, Deposits, Certificate of Deposits (COD), Certificate of Musharakas (COM) and TDRs, as per respective authorized investable avenues, and such as approved by SECP.
Benchmark: The benchmark of the JS Fixed Term Munafa Fund - Plan 21 (JSFTMF-P-21) shall be 6 Month PKRV Rates at the time of the Plan Launch.

Why should you invest in JSFTMF:

JS Fixed Term Munafa Fund (JSFTMF) stands out as the perfect option for investors in search of stability and reliability in their investment portfolios with low to moderate risk profile. The attractiveness lies in the security of a fixed rate of return, providing a safeguard against the volatility typically linked with other market-driven investments.

Term Sheet JS Fixed Term Munafa Fund (JSFTMF)
Fund Type	Fixed rate/return scheme
Currency	PKR
Minimum Investment	PKR 500
Asset Manager Rating	AM1
Fund Stability Rating	AAA(f)
Pricing Mechanism	Forward
Front End Load	0%
Management Fee	Upto 1.00% [exclusive SST]
Risk Profile	The risk profile of the JS Fixed Term Munafa Plan(s): Plan -1: Moderate Plan -2: Moderate Plan -3: Moderate Plan -4: Low Plan -5: Low Plan -6: Moderate Plan -7: Moderate Plan -8: Moderate Plan -9: Moderate Plan -10: Moderate Plan -11: Moderate Plan -12: Moderate Plan -13: Moderate Plan -14: Moderate Plan -15: Moderate Plan -16: Moderate Plan -17: Moderate Plan -18: Moderate Plan -19: Low Plan -20: Moderate Plan -21: Low
Listing	Pakistan Stock Exchange (PSX)
Trustee	Digital Custodian Company Limited (DCCL)
Auditor	Grant Thornton, Anjum Rahman
Benchmark	The benchmark of the JS Fixed Term Munafa Plan(s): Plan – 1 shall be 3 years PKRV Rates at the time of Plan Launch. Plan – 2 shall be 1 year PKRV Rates at the time of Plan Launch. Plan – 3 shall be 1 year PKRV Rates at the time of Plan Launch. Plan – 4 shall be 3 months PKRV Rates at the time of Plan Launch. Plan – 5 shall be 3 months PKRV Rates at the time of Plan Launch. Plan – 6 shall be 12 months PKRV Rates at the time of Plan Launch. Plan – 7 shall be 3 months PKRV Rates at the time of Plan Launch. Plan – 8 shall be 6 months PKRV Rates at the time of Plan Launch. Plan – 9 shall be 6 months PKRV Rates at the time of Plan Launch. Plan – 10 shall be 6 months PKRV Rates at the time of Plan Launch. Plan – 11 shall be 12 months PKRV Rates at the time of the Plan Launch. Plan – 12 shall be 3 months PKRV Rates at the time of Plan Launch. Plan – 13 shall be 1 Year PKRV Rates at the time of the Plan Launch Plan – 14 shall be the PKRV/PIB rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS. Plan-15 shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS. Plan- 16 shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS. Plan- 17 shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS. Plan- 18 shall be the PKRV rates on the last day of the Initial Offering Period (IOP) of the CIS, with a maturity period corresponding to the maturity of the CIS. Plan- 19 shall be 3 Months PKRV Rates at the time of the Plan Launch. Plan- 20 shall be 12 Month PKRV Rates at the time of the Plan Launch. Plan- 21 shall be 6 Months PKRV Rates at the time of the Plan Launch.