Atlas Bachat Islamic Plan
Atlas Bachat Islamic Plan focuses on providing regular income with a small element of growth. It is ideal for investors looking for safety of capital along with slight growth to overcome inflationary pressures. Through the Atlas Bachat Islamic Plan, the investments are diversified to help ensure more consistent performance and improved risk management.
|Dealing Days||:||Monday to Friday|
|Front-end Load||:||Charged as per offering documents of the underlying Funds|
|Minimum Investment||:||Rs. 5,000/-|
|Frequency of Investments||:||Monthly (Recommended)|
|Payment to||:||CDC-Trustee Atlas Funds|
|Reallocation between Funds||:||Yearly or earlier in the event there is a 10% variation in the allocation percentages/quarterly upon request|
|Dividend Distribution*||:||As per the constitutive documents of the underlying Funds|
|Shariah Advisor||:||Dr. Mufti Hassan Ashraf Usmani|
The Atlas Bachat Islamic Plan offers current income by primarily investing in the Atlas Islamic Income Fund (AIIF) along with modest allocations in the Atlas Islamic Stock Fund (AISF). The Plan provides diversification and growth potential through a single investment.
Target Asset Mix
- AIIF 85 %
- AISF 15 %
- Short-to-medium term horizon
- Reasonable safety with small fluctuations