Blominvest SR Murabaha fund is a reputed mutual fund in Saudi Arabia that came into existence on the 3rd of October 2021. Being a low-risk fund, this fund is a perfect option for people who want to invest in mutual funds but want to avoid taking a considerable risk. The fund majorly invests in debt instruments that offer sustainable returns.
This fund is designed in a way that it enables traders to trade in the capital markets to gain instant income and growth. However, investors can rest assured that they will gain greater protection for the capital in accordance with the fund's approach. Apart from this, the fund majorly invests in the Murabaha funds based on Shariah guidelines.
The fund is successfully managed by Blominvest Saudi Arabia, which is a leading investment firm in the Middle East region. The company is dedicated towards creativity and technology. They onboard highly talented and professional money managers who are responsible for handling the fund's activities.
Blominvest SR Murabaha fund offers terrific returns on investments made by people. They can plan their investment for a shorter period of time.
Blominvest SR Murabaha fund is a low-risk investment fund. Hence, individuals with low-risk appetites can go ahead to make investments in this fund.
The minimum amount needed for investing in the Blominvest SR Murabaha fund is SAR 10,000. Anyone willing to start their investment journey can begin investing with this value.
The annual management cost of Blominvest SR Murabaha fund is 0%. Hence, investors can access professional expertise without paying any amount.
Blominvest SR Murabaha fund is an open-ended fund. This states that the fund is highly liquid and can be purchased at any time.
Blominvest SR Murabaha fund is managed by Blominvest Saudi Arabia. The firm is widely recognized for providing out-of-the-box investment services.
The foremost goal of the Blominvest SR Murabaha Fund is to gain revenue in the mid to low tenure by investing in Murabaha deals and other securities.
The expense ratio of the Blominvest SR Murabaha fund is 0%. This is the annual charge demanded by the fund from the investors.