Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 Alfalah Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Mar-25 Maintain A+(f) Stable -
2 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Mar-25 Maintain AA+(f) Stable -
3 Alfalah Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Mar-25 Maintain AA(f) Stable -
4 NBP Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Improved 4-Star -
5 NBP Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Same 3-Star -
6 NBP Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Same 4-Star -
7 NBP Balanced Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Same 3-Star -
8 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Declined 3-Star -
9 Faysal Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Improved 3-Star -
10 Faysal Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Same 1-Star -
11 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 28-Feb-25 Same 3-Star -
12 Faysal Special Savings Fund
Press Release | Report | History
Capital Markets Capital Preservation Rating 28-Feb-25 Same CP2+ Stable -
13 Alhamra Wada Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Jan-25 Upgrade AA+(f) Stable -
14 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Jan-25 Upgrade AAA(f) Stable -
15 Al Ameen Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Jan-25 Maintain AA(f) Stable -
16 JS Rental REIT
Press Release | Report | History
Infrastructure Rental REIT Fund 03-Jan-25 Maintain A+(rr) Positive -
17 NBP Islamic Fixed Term Munafa Plan-III (Under NBP Islamic Mustahkam Fund)
Press Release | Report | History
Capital Markets Stability Rating 26-Dec-24 Maintain AAA(f) Stable -
18 ABL Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain A+(f) Stable -
19 ABL Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain A+(f) Stable -
20 ABL Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain AA-(f) Stable -
21 ABL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain AA+(f) Stable -
22 Atlas Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Initial AA(f) Stable -
23 TPL REIT Fund I
Press Release | Report | History
Infrastructure REIT Fund Rating 23-Dec-24 Maintain RFR 3+ Stable -
24 Pak Oman Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Dec-24 Maintain AA(f) Stable -
25 JS Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 13-Dec-24 Initial AAA(f) Stable -
26 Alhamra Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 13-Dec-24 Maintain AA+(f) Stable Yes
27 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Dec-24 Maintain AA(f) Stable -
28 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain A+(f) Stable -
29 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain A(f) Stable -
30 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain AA(f) Stable -
31 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain AA(f) Stable -
32 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Nov-24 Upgrade AA-(f) Stable -
33 Alhamra Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-24 Initial AA(f) Stable -
34 MCB DCF Fixed Return Fund II
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-24 Initial AAA(f) Stable -
35 MCB DCF Fixed Return Fund III
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-24 Initial AAA(f) Stable -
36 AL Habib Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Nov-24 Initial AAA(f) Stable -
37 ABL Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain AA+(f) Stable -
38 ABL Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain AA+(f) Stable -
39 ABL Financial Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain A+(f) Stable -
40 ABL Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain AA+(f) Stable Yes
41 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA+(f) Stable -
42 JS Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA(f) Stable -
43 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A+(f) Stable -
44 JS Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA(f) Stable -
45 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA-(f) Stable -
46 JS Microfinance Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A(f) Stable -
47 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A+(f) Stable -
48 Faysal Income and Growth Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A(f) Stable -
49 Faysal Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA(f) Stable -
50 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA-(f) Stable -
51 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
52 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
53 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA(f) Stable -
54 Atlas Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA+(f) Stable -
55 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA+(f) Stable -
56 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
57 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
58 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Oct-24 Maintain AA(f) Stable -
59 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Oct-24 Maintain AA-(f) Stable -
60 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain A+(f) Stable -
61 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain AA(f) Stable -
62 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain A+(f) Stable -
63 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain A+(f) Stable -
64 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain AA(f) Stable -
65 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain A+(f) Stable -
66 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain AA-(f) Stable -
67 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Oct-24 Maintain A+(f) Stable -
68 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain A+(f) Stable -
69 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA-(f) Stable -
70 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA+(f) Stable -
71 AWT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain A+(f) Stable -
72 AWT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain A+(f) Stable -
73 AWT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA+(f) Stable -
74 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA(f) Stable -
75 Faysal Savings Growth Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA-(f) Stable -
76 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
77 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
78 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AAA(f) Stable -
79 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AA-(f) Stable -
80 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain A+(f) Stable -
81 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
82 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Sep-24 Maintain AA-(f) Stable -
83 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 20-Sep-24 Maintain AA-(f) Stable -
84 AWT Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 20-Sep-24 Maintain A+(f) Stable -
85 NBP Government Securities Plan - IV
Press Release | Report | History
Capital Markets Stability Rating 13-Sep-24 Maintain AA(f) Stable -
86 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Capital Markets Stability Rating 13-Sep-24 Maintain AA(f) Stable -
87 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA+(f) Stable -
88 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA-(f) Stable -
89 AKD Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA(f) Stable -
90 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA-(f) Stable -
91 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain A+(f) Stable -
92 MCB DCF Fixed Return Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Initial AAA(f) Stable -
93 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
94 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA(f) Stable -
95 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
96 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
97 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain A+(f) Stable -
98 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
99 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
100 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
101 Mahaana Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
102 JS Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 05-Sep-24 Maintain AA+(f) Stable -
103 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AAA(f) Stable Yes
104 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AA+(f) Stable -
105 AL Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AA(f) Stable -
106 AL Habib Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AA(f) Stable -
107 AL Habib Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AA+(f) Stable -
108 AL Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AA(f) Stable -
109 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AA-(f) Stable -
110 Faysal Islamic Special Income Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Aug-24 Maintain AA(f) Stable -
111 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Aug-24 Maintain A+(f) Stable -
112 Lakson Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Aug-24 Maintain AA(f) Stable Yes
113 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Aug-24 Maintain AA+(f) Stable -
114 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Aug-24 Upgrade AA(f) Stable -
115 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Aug-24 Maintain A+(f) Stable Yes
116 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 16-Aug-24 Maintain A(f) Stable -
117 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Capital Markets Stability Rating 16-Aug-24 Maintain A+(f) Stable -
118 AKD Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Aug-24 Declined 2-Star -
119 AKD Opportunity Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Aug-24 Declined 2-Star -
120 Golden Arrow Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Aug-24 Declined 3-Star -
121 Pak Qatar Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 13-Aug-24 -
122 First Capital Mutual Fund
Press Release | Report | History
Capital Markets Performance Ranking 13-Aug-24 Same 3-Star -
123 ABL Special Saving Fund
Press Release | Report | History
Capital Markets Capital Preservation Rating 31-May-24 Same CP2+ Stable -
124 UBL Special Savings Plan – IV under UBL Special Savings Fund (USSP-IV)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
125 UBL Special Savings Plan – VI under UBL Special Savings Fund (USSP-VI)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
126 UBL Special Savings Plan – II under UBL Special Savings Fund (USSP-II)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
127 UBL Special Savings Plan – III under UBL Special Savings Fund (USSP-III)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
128 UBL Special Savings Plan – V under UBL Special Savings Fund (USSP-V)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
129 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Capital Markets Performance Ranking 10-Aug-23 Withdraw -
Complaints
Ms. Iram Tahir | Compliance Officer

+92 42 3586 9504-6 | compliance@pacra.com

DISCLAIMER
In case your complaint has not been properly redressed by us, you may lodge your complaint with SECP.