What is the NAV of JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX) today?

As of the latest market close, the Net Asset Value (NAV) of JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX) is Rs. .

Is JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX) a good mutual fund to invest in?

According to the independent ilovepsx AI Audit, JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX) has a Master Score of 36.717951651033324/100. It has generated a 1-year return of % and ranks # in the Fixed Rate / Return category.

What is the expense ratio and fee of JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX)?

The expense ratio for JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX) is %. Over a 10-year period, this fee structure will create a noticeable drag on wealth compounding compared to category medians.

Who is the fund manager for JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX)?

The fund is currently managed by at .

Home > Mutual Funds > Fixed Income > Fixed Rate / Return

JS Fixed Term Munafa Fund II (JS Fixed Term Munafa Plan IX)

37 /100

Score Breakdown

Return (30%) 5.3

Risk Ctrl (30%) 27.0

Consistency (15%) 1.2

Cost Eff (15%) 1.9

Yield (10%) 4.4

Total AUM

Rs. 1.5B

Expense Ratio

0.99%

Category Rank

#68 of 94

✨ AI Analyst Thesis

🐂 Bullish

Live NAV

Rs. 100.0000

0.00% 1D 0.00% YTD

Data As Of:
June 01, 2026

Interactive Performance

Growth of Rs.

Log Scale Payouts

Executive Summary

Institutional health checks and AI strategy overview.

Overall Score

37 / 100

Score Calculation Breakdown

Metric (Weight) Pts

Return (30%)

5.3

Risk Ctrl (30%)

27.0

Consistency (15%)

1.2

Cost Eff (15%)

1.9

Yield (10%)

4.4

Total Score 36.7

*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 (0.95%).
Volatile Path: Only 0 out of 36 months (0%) were positive over the last 3 years.
Expensive: Expense ratio (0.99%) is higher than the category median (0.17%).

AI Strategy X-Ray

The fund delivered a steady return in line with its 11% p.a. commitment, outperforming the benchmark 1-year PKRV rate which hovered around 11.6% during June. Macro-economic improvement—marked by declining inflation to 11.1% YoY, lower government bond yields, and a diplomatic easing in regional tensions—supported a favorable environment for fixed-income assets. The fund’s heavy allocation to Treasury bills and PIBs benefited from the downward shift in yields, enhancing total returns. Overall, the fund’s performance reflected the stabilizing macro backdrop and prudent duration positioning.

Key Manager Actions

The fund significantly reduced its cash holdings from 11.9% in May to just 1.65% in June, reallocating proceeds into longer-dated Pakistan Investment Bonds. This shift increased PIB exposure to nearly 30%, locking in higher yields amid a declining interest-rate environment.
Yield-to-maturity remained attractive at 11.55%, while the fund’s monthly turnover ratio of 34% reflected active management of the short-dated T-bill portfolio. The steady inflow of returns kept the fund’s performance close to its 11% p.a. commitment, with minimal variance against the benchmark PKRV rate.
Looking ahead, the manager expects the yield curve to stabilize as inflation continues to moderate and monetary policy remains steady. Accordingly, the fund will maintain a balanced mix of T-bills and PIBs to preserve capital and deliver predictable returns until maturity.

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)

--%

--

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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