Pakistan Multi-Asset Investment Calculator

Real-time simulation of PSX equities, mutual funds, money-market funds and VPS pensions - net of front-end load, 16% FED, AMC Total Expense Ratio, Section 150 dividend withholding, Zakat, and Section 37A capital gains tax.

Baseline projection (no JavaScript)

PKR 500,000 initial capital, PKR 25,000 monthly SIP, 10 years, 16% gross return, filer status, 1.5% TER, 1.5% front-end load.

Year by year invested principal, gross value and net payout in PKR
Year	Total Invested (PKR)	Gross Value (PKR)	Net Payout after tax (PKR)
1	800,000	913,450	869,841
2	1,100,000	1,398,125	1,296,373
3	1,400,000	1,966,296	1,779,514
4	1,700,000	2,632,346	2,327,663
5	2,000,000	3,413,137	2,950,466
6	2,300,000	4,328,435	3,658,999
7	2,600,000	5,401,412	4,465,984
8	2,900,000	6,659,232	5,386,026
9	3,200,000	8,133,738	6,435,902
10	3,500,000	9,862,258	7,634,874

Filer CGT 15% under Section 37A; non-filer up to 30%. SHA-256 receipt: 97832266166ab38963c2dfb642472c1226acc6c1568e5a8b67875b3e5fb52ceb

1. Investment Inputs

Initial Capital (PKR)

Monthly Contribution / SIP (PKR)

Investment Horizon:

Gross Return (% p.a.)

Dividend Yield (%)

FBR Taxpayer Status

Zakat exempt (CZ-50 declaration filed)

2. Charges & Allocation

Front-End Sales Load:

Back-End Contingent Load:

Total Expense Ratio (TER):

Asset class allocation (auto-balanced to 100%)

Blended gross return from allocation:

Load MUFAP fund preset

Total Invested

PKR

Gross Value (pre-tax)

PKR

Taxes & Charges

PKR

Net Realized Payout

PKR

Growth Trajectory

Effective CAGR:

Tax & Fee Breakdown

Front-end sales load: PKR
FED on load (16%): PKR
TER (AMC fees): PKR
Dividend WHT (Sec. 150): PKR
Zakat (2.5%): PKR
Back-end load: PKR
CGT (Sec. 37A): PKR
Net profit: PKR

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Web 4.0 Gemini AI Financial Advisor

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Get a personalised allocation and tax-efficiency review based on the inputs above.

MUFAP Fund Performance Table

Symbol	Fund	AMC	Category	NAV	TER	1Y	3Y	5Y	Last checked
AGIMMF	Alfalah GHP Money Market	Alfalah GHP Investment Management	Cash/Money Market	105.9000	0.85%	10.95%	16.90%	14.60%	2026-08-31
MCF	Meezan Cash Fund	Al Meezan Investment Management Limited	Cash/Money Market	55.2000	0.56%	10.22%	16.46%	14.80%	2026-08-31
ULPF	UBL Liquidity Plus Fund	UBL Fund Managers Limited	Cash/Money Market	103.4000	0.75%	11.23%	17.80%	15.20%	2026-08-31
NBP-SF	NBP Savings Fund	NBP Fund Management Limited	Income	10.4500	1.40%	10.29%	17.94%	15.10%	2026-08-31
ALHISF	Alhamra Islamic Stock Fund	MCB-Arif Habib Savings and Investments	Equity	218.2000	4.10%	24.16%	20.14%	19.10%	2026-08-31
MIF	Meezan Islamic Fund	Al Meezan Investment Management Limited	Equity	78.4500	4.33%	28.50%	25.24%	18.50%	2026-08-31

Frequently Asked Questions

What is the capital gains tax on mutual funds in Pakistan in 2026?

Under Section 37A of the Income Tax Ordinance, Active Taxpayer List filers pay a flat 15% capital gains tax on securities and equity mutual funds, while non-filers are taxed at up to 30%.

Is Federal Excise Duty charged on my whole investment?

No. The 16% FED / provincial sales tax applies only to the front-end sales load charged by the AMC, not to the invested principal.

How much dividend withholding tax do Pakistani funds deduct?

Section 150 withholding is 15% for filers and 30% for non-filers, deducted at source before the payout reaches the investor.

What is TER and how does it reduce my returns?

The Total Expense Ratio is the annual AMC management and operating charge (typically 0.5% to 4.5% p.a., disclosed monthly through MUFAP). It is deducted from the fund NAV, so it lowers your compounding base every year.

How is Zakat treated?

Zakat of 2.5% of the holding value is deducted on 1st Ramadan each year unless the investor has filed a CZ-50 declaration of exemption with the AMC or bank.