Mutual Funds’ Assets Cross Rs. 4 Trillion Mark for the First Time

The total assets of mutual funds managed by Pakistan’s Asset Management Companies (AMCs) have crossed the Rs. 4 trillion mark, reflecting continued investor confidence despite lower profit rates.

According to the Mutual Funds Association of Pakistan (MUFAP), mutual fund assets reached Rs. 4 trillion in August 2025 and rose further to Rs. 4.2 trillion in September 2025, maintaining steady growth momentum.

Just a year earlier, in September 2024, AMCs managed Rs. 3 trillion in assets after surpassing the Rs. 2 trillion milestone in January 2024.

The surge comes even as average profit rates dropped from 22 percent to nearly 10 percent across most funds. MUFAP said consistent inflows were driven by rising investor trust, active marketing, and greater accessibility through digital platforms and financial advisors.

Open-ended funds captured the largest market share, attracting over Rs. 4 trillion in investments across 23 categories offered by different AMCs.

Money market mutual funds remained the top choice, with total assets of Rs. 1.8 trillion by the end of September 2025.

Income funds followed with over Rs. 1 trillion in assets, while equity market funds drew Rs. 587 billion. Other categories collectively accumulated more than Rs. 626 billion in investments.

Among specialized funds, pension schemes attracted over Rs. 120 billion, while Employer Pension Funds and Exchange-Traded Funds (ETFs) reached Rs. 3.2 billion and Rs. 2.7 billion, respectively.

The investor base also continues to broaden. Individual investors contributed Rs. 1.8 trillion, while public limited companies and associated firms added Rs. 1.9 trillion. Banks and other financial institutions invested approximately Rs. 140 billion.

Analysts said the record level of mutual fund assets reflects a growing preference for regulated investment products and improved financial awareness among Pakistanis.