پاکستان کیپیٹل مارکیٹ فنڈ (PCMF) سالانہ رپورٹ FY26: NAV بڑھ کر 31.26 روپے ہو گئی، ریٹرن 36.01% رہا۔ Pakistan Capital Market Fund (PCMF) Annual Report FY26: NAV grows 31.26 to Rs. 31.26/unit; return 36.01%.
Ex-date is not in this summary yet; check book closure in the official PSX attachment below.
خلاصہ
ایم سی بی انویسٹمنٹ مینجمنٹ نے پاکستان کیپیٹل مارکیٹ فنڈ کی سالانہ رپورٹ برائے مالی سال 30 جون 2026 جاری کر دی ہے۔ فنڈ نے بینچ مارک کے 30.71% کے مقابلے میں 36.01% کا شاندار ریٹرن حاصل کیا۔ کل اثاثہ جات 32.26% اضافے سے 992 ملین روپے ہو گئے جبکہ فی یونٹ نیٹ ایسٹ ویلیو (NAV) بڑھ کر 31.26 روپے ہو گئی۔
اہم مالیاتی کارکردگی
- کل نیٹ اثاثہ جات: 991.6 ملین روپے (گزشتہ سال: 749.8 ملین روپے)
- فی یونٹ NAV: 31.26 روپے (گزشتہ سال: 23.80 روپے)
- کل آمدنی: 309.6 ملین روپے (گزشتہ سال: 275.4 ملین روپے)
- بعد از ٹیکس منافع: 269.5 ملین روپے (گزشتہ سال: 244.5 ملین روپے)
- فنڈ کا سالانہ ریٹرن: 36.01% (بمقابلہ بینچ مارک 30.71%)
ڈیویڈنڈ / پے آؤٹ
- انٹرِم کیش ڈیویڈنڈ: 1.10 روپے فی یونٹ (11%) مورخہ 25 جون 2026 کو ادا کیا گیا۔
Executive Summary
MCB Investment Management Limited has released the Annual Report for Pakistan Capital Market Fund (PCMF) for the financial year ended June 30, 2026. The Fund delivered a strong return of 36.01% compared to its benchmark return of 30.71%. Total net assets grew by 32.26% to Rs. 992 million, while Net Asset Value (NAV) per unit rose to Rs. 31.26 from Rs. 23.80 in the previous year.
Key Financial Performance Highlights
| Metric (Rs. in '000 except per unit) | FY2026 | FY2025 | Change (%) |
|---|---|---|---|
| Net Assets Value | 991,625 | 749,765 | +32.26% |
| NAV per Unit (Rs.) | 31.26 | 23.80 | +31.34% |
| Total Income | 309,640 | 275,379 | +12.44% |
| Total Expenses | 40,091 | 30,863 | +29.90% |
| Net Income After Taxation | 269,549 | 244,516 | +10.24% |
Asset Allocation & Portfolio Structure
- Equities / Stocks: Maintained at 66.6% of total assets at year-end, concentrated primarily in Commercial Banks, Oil & Gas Exploration Companies, and Cement sectors.
- Cash & Bank Balances: Held at 31.9% in saving accounts carrying markup rates between 8.5% and 12% per annum.
- Others including Receivables: 1.5% of total assets.
Distribution / Payout Details
- Interim Cash Dividend: Rs. 1.10 per unit (11%) distributed on June 25, 2026.
Opportunities & Outlook
Equities are currently trading at attractive valuations with a market cap-to-GDP ratio of 15.6%. Favorable macroeconomic conditions, steady progress under the IMF program, and corporate earnings growth provide supportive ground for capital markets going forward, though global oil price volatility and geopolitical developments remain key variables.
Final Investor Takeaway
PCMF delivered solid outperformance against its benchmark in FY26, backed by disciplined asset allocation between equities and high-yielding bank deposits. The fund's asset growth and robust returns underscore sound management strategy in a recovering macroeconomic landscape.