Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (July 21, 2006).

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Names                             Asset Manager                   Category             Offer      Repurchase      Validity

of Fund                                                                                 Price         Price        (Dates)

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AMZ Plus Income Fund              AMZ Asset Mang.                 Income               102.2558     100.9934      20-07-06

Alfalah GHP Value Fund            Alfalah GHP Inv. Mang.          Asset Allocat.          57.09        55.70      20-07-06

Askari Income Fund                Askari Inv Mang Ltd             Income - Class B       102.44       101.08      19-07-06

                                  Askari Inv Mang Ltd             Income - Class C       101.08        99.72      19-07-06

AKD Opportunity Fund              AKD Investments                 Equity                  47.15        45.70      20-07-06

Atlas Income Fund                 Atlas Asset Mang.               Income                 513.59       503.52      21-07-06

Atlas Stock Mkt. Fund             Atlas Asset Mang.               Equity                 558.13       547.19      21-07-06

Crosby Dragon Fund                Crosby Asset Mang.              Equity                 101.75        99.70      20-07-06

Dawood Money Mkt. Fund            Dawood Capital Mang.            Income               101.7098     100.7028      19-07-06

Faysal Bal. Growth Fund           Faysal Asset Mang.              Balanced               104.56       102.26      20-07-06

Faysal Income & Growth Fund       Faysal Asset Mang.              Income                 101.72       100.71      20-07-06

KASB Liquid Fund                  KASB Funds Ltd                  Money Market           100.61       100.61      20-07-06

KASB Liquid Fund

(with contingent back-end load)   KASB Funds Ltd                  Money Market           100.61       100.10      20-07-06

National Investment Trust         National Inv.  Trust            Equity                  44.85        43.30      19-07-06

NAFA Cash Fund                    National Fullerton Asset Mange  Income                  10.05        10.05      20-07-06

Meezan Islamic Fund               Al Meezan Investments           Islamic Equity          60.93        59.56      20-07-06

MSF - Perpetual                   Arif Habib Investments          Income                  45.12        45.07      18-07-06

MSF - 12/07                       Arif Habib Investments          Income                  50.30        50.25      18-07-06

MSF - 12/12                       Arif Habib Investments          Income                  51.76        51.71      18-07-06

Pakistan Income Fund              Arif Habib Investments          Income                  51.00        50.31      20-07-06

Pak Int',l Islamic Fund - A       Arif Habib Investments          Islamic                 49.50        48.26      19-07-06

Pakistan Stock Market Fund        Arif Habib Investments          Equity                  87.67        85.48      19-07-06

Pakistan Cap Market Fund          Arif Habib Investments          Equity                  11.98        11.68      19-07-06

United Growth & Income Fund       UBL Fund Managers Ltd           Income               102.6809     101.1634      21-07-06

                                                                  Growth               101.1634      98.1285      21-07-06

United Money Mkt. Fund            UBL Fund Managers Ltd           Class 'A'            100.6520     100.6520      21-07-06

                                                                  Class 'C'            100.6520      99.6455      21-07-06

Unit Trust of Pakistan            JS ABAMCO                       Balanced             7,736.29     7,510.95      19-07-06

UTP Income Fund                   JS ABAMCO                       Income                 520.18       509.97      19-07-06

UTP Islamic Fund                  JS ABAMCO                       Islamic Equity         632.09       613.67      19-07-06

UTP - Agg. Asset Alloc.           JS ABAMCO                       Equity                  57.08        55.14      19-07-06

UTP - Fund of Funds.              JS ABAMCO                       Equity                  51.14        50.13      19-07-06

UTP-A30+ Fund                     JS ABAMCO                       Equity                  52.76        51.72      19-07-06

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CLOSED-END FUND NAVs:

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Names of Fund                     Investment Advisor             Category                 NAVs            Validity (Dates)

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ABAMCO Comp. Fund                 JS ABAMCO                       Equity                  10.72                   19-07-06

AKD Index Tracker Fund            AKD Investments                 Equity                  11.02                   20-07-06

Al Meezan M. Fund                 Al Meezan Investments           Equity                  17.29                   20-07-06

Asian Stocks Fund                 Asian Cap. Mang.                Equity                      -                          -

Atlas Fund of Funds               Atlas Asset Mang.               Equity                  12.11                   20-07-06

BSJS Balanced Fund                JS ABAMCO                       Balanced                15.41                   19-07-06

First Dawood M. Fund              Dawood Capital Mang.            Equity                  12.44                   20-07-06

First Cap. M. Fund.               First Capital Inv. Ltd          Equity                11.93**                   20-07-06

Golden Arrow Stock Fund           AKD Investments                 Equity                8.05***                   20-07-06

Meezan Balanced Fund              Al Meezan Investments           Islamic Balanced        12.85                   20-07-06

Pakistan Premier Fund             Arif Habib Investments          Equity                  17.69                   19-07-06

Pakistan S.A. Fund                Arif Habib Investments          Equity                  13.51                   19-07-06

PICIC Growth Fund                 PICIC Asset Mang.               Equity                 43.10*                   19-07-06

PICIC Investment Fund             PICIC Asset Mang.               Equity                 19.75*                   19-07-06

PICIC Energy Fund                 PICIC Asset Mang.               Equity                  10.29                   19-07-06

Prudential Stock Fund             Prudential Fund Mang.           Equity                      -                          -

Safeway Mutual Fund               Safeway Mang.                   Equity                      -                          -

UTP Growth Fund                   JS ABAMCO                       Equity                  17.86                   19-07-06

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