During FY24 the KSE-100, KSE-30 index and KMI-30 improved by ~89.42%, 72.73% and ~78.69%. This notable upswing was propelled by changing macroeconomic drivers, initiated by the approval of the IMF program by mid of the year followed by the decline in policy rate, revival of foreign investment, stability in PKR: USD parity and improvement in foreign exchange reserves to reach USD 13.9bln as of Jun’24. PACRA ranked five funds among the universe of twenty-four funds. The category average showed a positive return of ~67.53%. While top-performing fund in the category showed a return of ~143.45%. AKD Opportunity Fund ranked 2 Star. The total return of the AKD Opportunity Fund in 1-year is ~27.28% which is underperformed as compared to the stock market return of 89.24% at the end of Jun'24. The Fund generates income by investing ~96.10% in Equities and ~0.75% in cash. Sector wise Fund invested ~32.61% in Inv. Banks / Inv. Cos. / Securities Cos, ~17.14% in Textile Spinning, ~12.64% in Insurance, ~9.03% in Commercial Banks, ~4.88% in Technology & Communications, and ~19.80% in others at the end of Jun'24.

During 3-year, the overall market faced numerous economic challenges; delays in the resumption of the IMF program, a growing fiscal deficit, and fluctuation in the policy rate and inflation. PACRA ranked five funds among the universe of twenty-four funds. The category average showed a return of ~30.85%. While top-performing fund in 3-Year of the category showed a return of ~137.67%. AKD Opportunity Fund ranked 2 star. The total return of AKD Opportunity Fund in 3-year is negative ~17.29% which is underperformed as compared to stock market return of 65.64% at the end of Jun'24. The Fund generates income by investing ~96.10% in Equities and ~0.75% in cash. Sector wise Fund invested ~32.61% in Inv. Banks / Inv. Cos. / Securities Cos, ~17.14% in Textile Spinning, ~12.64% in Insurance, ~9.03% in Commercial Banks, ~4.88% in Technology & Communications, and ~19.80% in others at the end of Jun'24.

During 5-year, the overall market faced numerous economic challenges; delays in the resumption of the IMF program, a growing fiscal deficit, and fluctuation in the policy rate and inflation. The year 2020 was a year of severe distress due to Covid which impacted the stock market significantly. PACRA ranked five funds among the universe of twenty-four funds. The category average showed a return of ~78.56%. While top-performing fund in 5-Year of the category showed a return of ~138.89%. AKD Opportunity Fund ranked 3 star. The total return of AKD Opportunity Fund in 5-year is ~71.29% which is underperformed as compared to stock market return of 131.39% at the end of Jun'24. The Fund generates income by investing ~96.10% in Equities and ~0.75% in cash. Sector wise Fund invested ~32.61% in Inv. Banks / Inv. Cos. / Securities Cos, ~17.14% in Textile Spinning, ~12.64% in Insurance, ~9.03% in Commercial Banks, ~4.88% in Technology & Communications, and ~19.80% in others at the end of Jun'24.