The Securities and Exchange Commission of Pakistan (SECP) w.e.f 30th September has uploaded returns of mutual funds during the first quarter of the FY 2016-17 on its official website. The objective is to provide necessary information to the retail investors regarding return and cost associated with different types of mutual funds.
The summary report contains the information about all the categories of mutual funds. The report includes sales load and management fee being charged by the asset management company to the investors. For comparison purposes, the yearly returns for the FY 2015-16 are also provided for the investors.
The said report is available on the SECP's website http://www.secp.gov.pk/data-and-statistics/nbfcs/. SECP reiterates its commitment to facilitate and encourage investors in making informed investment decisions and so would regularly update mutual funds returns and other related information on its website.-PR