<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In Jun-19, total Asset Under Management (AUM) of mutual fund
industry modestly down by 7.15%MoM to PKR523bn, open-end funds dropped by
PKR~39.4bn to PKR489.5bn (Excluding Open-End Frozen Funds). Category wise
analysis revealed, AUM of Equity and Money Market Funds diminished by ~7.37%MoM
and ~9.45%MoM, respectively similarly Shariah Compliant Income Funds AUM dipped
by ~7.74%MoM. With rising interest rates and fragile economy investors intend
to invest in fixed return instruments to minimize risk.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Mutual funds continue to trim down their position in Share
Market, the LIPI indicated USD18.6mn outflow in Jun-19 and cumulatively
USD117mn in CYTD-19. The major...
