During FY23 the KSE-100 and KSE-30 index declined by -7.39% and -0.21% whereas KMI-30 improved by ~2.88%. The overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked funds comprise of three funds among the universe of twenty-one funds. The category average showed a negative return of -2.74%. While top performing fund in the category showed a return of ~2.99%. NBP Islamic Stock Fund ranked 3 Star. Total return of NBP Islamic Stock Fund in 1-year is -2.1% against the stock market return of 2.8%. In the end Jun'23, Fund's generate income by investing ~94.9% in Equities whereas ~3.4% in cash. Sector wise Fund invested ~32% in Oil & Gas Exploration Companies, ~15.5% in Cement, ~8.4% in Fertilizers. Whereas ~6.7% in Commercial Banks, ~8.3% in Technology & Communication and ~24% in others at the end Jun'23.

During 3-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked funds comprise of three funds among the universe of twenty-one funds. The category average showed a negative return of 6.06%. While NBP Islamic Stock Fund is the top performing fund in 3-Year of the category showed a return of ~11.1% which is in line with the stock market return of 28.6%. NBP Islamic Stock Fund ranked 3 Star. In the end Jun'23, Fund's generate income by investing ~94.9% in Equities whereas ~3.4% in cash. Sector wise Fund invested ~32% in Oil & Gas Exploration Companies, ~15.5% in Cement, ~8.4% in Fertilizers. Whereas ~6.7% in Commercial Banks, ~8.3% in Technology & Communication and ~24% in others at the end Jun'23.

During 5-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked funds comprise of three funds among the universe of twenty-one funds. The category average showed a negative return of -22.9%. While top performing fund in 5-Year of the category showed a return of ~3.8%. NBP Islamic Stock Fund ranked 3 Star. Total return of NBP Islamic Stock Fund in 5-year is -7.7%. The year 2020 was a year of severe distress due to Covid which impacted the stock market significantly with negative returns of -0.4%. Resultantly, the year also impacted the Fund's return which is also evident from 3-Years cumulative returns. In the end Jun'23, Fund's generate income by investing ~94.9% in Equities whereas ~3.4% in cash. Sector wise Fund invested ~32% in Oil & Gas Exploration Companies, ~15.5% in Cement, ~8.4% in Fertilizers. Whereas ~6.7% in Commercial Banks, ~8.3% in Technology & Communication and ~24% in others at the end Jun'23.