Home > Mutual Funds > Debt > Shariah Compliant Fixed Rate / Return

HBL Islamic Fixed Term Fund Plan III

65 /100

Score Breakdown

Return (30%) 15.0

Risk Ctrl (30%) 30.0

Consistency (15%) 7.5

Cost Eff (15%) 7.5

Yield (10%) 7.5

Total AUM

Rs. 8.8B

Expense Ratio

0.19%

Category Rank

#2 of 2

✨ AI Analyst Thesis

⚖️ Neutral

Live NAV

Rs. 102.4900

0.00% 1D 0.00% YTD

Data As Of:
July 01, 2026

Interactive Performance

Growth of Rs.

Log Scale Payouts

Executive Summary

Institutional health checks and AI strategy overview.

Overall Score

65 / 100

Score Calculation Breakdown

Metric (Weight) Pts

Return (30%)

15.0

Risk Ctrl (30%)

30.0

Consistency (15%)

7.5

Cost Eff (15%)

7.5

Yield (10%)

7.5

Total Score 65.0

*Score is calculated using a weighted average of the fund's percentile rankings against peers.

Fund DNA X-Ray

How DNA is Scored

Return: 1-Year trailing return percentile vs category peers.
Risk Ctrl: Inverted volatility percentile. A higher score means it is safer than peers.
Consistency: % of positive returning months over 3 years.
Cost Eff: Expense ratio percentile. A higher score means it is cheaper than peers.
Yield: 7-Day annualized yield percentile.

*All dimensions map from 0 to 100. A larger, more balanced shape indicates a superior all-weather fund.

Hover chart to view raw metrics.

Health Checks

Clean Portfolio: Zero non-compliant or provisioned assets detected.
Underperforming: 1Y Return (0.00%) trails the category median (0.31%).
Volatile Path: Only 0 out of 36 months (0%) were positive over the last 3 years.
Expensive: Expense ratio (0.19%) is higher than the category median (0.18%).
Strong Momentum: Positive capital inflows (295.7% AUM growth).

AI Strategy X-Ray

The HBL Islamic Fixed Term Plan III posted an annualized return of 11.56% since inception, closely tracking the prevailing policy rate environment amid headline inflation of 9.2% YoY. The fund's strategy of placing 99.8% of assets in short‑term bank placements provides a predictable yield, insulating investors from equity market volatility. Macro‑driven factors such as the SBP's steady policy rate at 11.5% and improving external reserves support the fund's ability to maintain its targeted profit range of 11.15‑11.20% p.a. Overall, the fund offers a low‑risk, income‑focused avenue that benefits from the current high‑interest‑rate regime while mitigating inflation‑linked erosion.

Key Manager Actions

Since its launch in July 2026, the fund has rapidly deployed over 99% of its assets into short‑term placements with Islamic banks and DFIs. This shift from an initial cash position to a concentrated deposit portfolio reflects the manager’s aim to lock in prevailing high yields.
The fund’s annualized return since inception stands at 11.56%, closely matching the 11.5% policy rate and delivering within the targeted profit band of 11.15‑11.20% p.a. This yield provides a real return of approximately 2.3% after adjusting for 9.2% headline inflation, offering investors a modest inflation‑beating income stream.
Looking ahead, the SBP’s expected cautious stance and stable foreign reserves should keep short‑term yields supportive, allowing the fund to maintain its return trajectory. However, any resurgence in inflation or geopolitical‑driven oil price shocks could pressure real returns, warranting a vigilant approach to duration and credit quality.

Performance vs. Peers

Trailing absolute returns and consistency analysis.

Sleep Well Metric

Trailing Returns vs Benchmark

Top Tier Alternatives

Algorithmic recommendations based on Master Score and Category performance.

Portfolio X-Ray

Behavioral analysis, historical allocations, and conviction tracking.

AI Reading the Tea Leaves

The Asset River (12M History)

Market Timing Visualizer

Concentration Style

Top 10 Holdings Weight: --%

Broad/Index Aggressive Focus

Manager's Playbook (1M Delta)

Holdings DNA

Click a holding to view history

Risk & Quant Desk

Institutional engine diagnostics, crash testing, and momentum analysis.

The Magic Quadrant (Risk vs Return)

Plots the fund (Orange) against all peers (Gray) over a 1Y period. The dashed crosshairs represent the category average. The top-left quadrant represents high returns with low volatility.

AI Analyst Note

Engine Diagnostics

Internal structural metrics unique to this fund's macro class (Equity vs Debt).

Market Capture

Measures the fund's performance in bull (Up) vs bear (Down) markets. A ratio > 100% on the green side means it outpaces the market when it rises.

Trend & Momentum

RSI measures short-term momentum (overbought/oversold). SMA (Simple Moving Average) tracks medium-to-long term trends.

Yield & Income Stream

Payout reliability, capital preservation, and cashflow simulation.

Current Income Profile

Evaluates annualized yield vs category peers and checks if the underlying NAV is preserving its value while paying out.

Annualized Yield (7D)

--%

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Income Health Checks

The "Truth" Chart: NAV vs Payouts

Shows historical dividend payouts alongside the fund's NAV. Beware of "Yield Traps" where the fund pays high dividends but the NAV line steadily bleeds downward over time.

Payout Consistency (3 Years)

Green = Payout Issued

--

Passive Income Simulator

If I Invest Today (PKR)

Estimated Monthly

Rs. 0

Estimated Yearly

Rs. 0

Based on current annualized 7D yield. Not guaranteed. Assumes constant rate.

Audit & Governance Desk

Fee drag simulation, operational security, and historical FMR vault.

The "Fee Drag" Wealth Simulator

Projects the impact of the fund's Expense Ratio on a Rs. 1,000,000 investment over 10 years, assuming a baseline 15% gross market return. The red area is wealth permanently lost to management fees.

Expense Ratio

--%

Front/Back Loads

--

10Y Wealth Lost to Fees

--

Total Assets Under Mgt

Rs. --

Million

--

Category Scale

Compares this fund's size against all other funds in the same category to gauge liquidity and popularity.

Category High Rs. --M

Category Avg Rs. --M

Category Low Rs. --M

Fund Manager

--

Independent Trustee

--

Holds the physical assets. Prevents the AMC from absconding with funds.

Auditor

--

Verifies NAV math and prevents internal accounting fraud.

Pricing Mechanism

--

Forward pricing executes your trade at the next calculated EOD price.

The Manager's Dossier

Leadership track record, portfolio empire, and turnover risk.

The FMR Time Machine

Historical Vault

Select a Report

Browse the timeline to view historical PDFs and AI Insights.

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