KASB IPO FUND

No items found.
4.90

SAR 51.9223

NAV (Apr 1, 2023)

+5.532%

NAV (Apr 1, 2023)

Historical NAV

5.532%

NAV (Apr 1, 2023)

+0.75%

Fund Returns

Last 1Y

15.6%

YTD

15.84%

Last 3Y

47.74%

Last 3 months

6.02%

Last 5Y

38.76%

About KASB IPO Fund in Saudi Arabia

Investment Objective

Since its launch in Saudi Arabia, the KASB IPO fund has turned out to be a top-rated mutual fund among investors. It has become an ideal option for those who are looking to diversify their portfolio by keeping a mix of all types of funds comprising small, mid, and high-risk funds. However, when investing in this fund, they must remember that they need to remain invested in the fund for an extended period.

The fund has a fixed nominal amount for investing, which is easy on the investor's pocket. In fact, any novice investor can also begin their investment journey with this fund as they can start the investment with as low as SAR 1000. Later, if they feel they can invest more, then they can increase the amount and invest more.

This Shariah-compliant fund also charges nominal fees for handling the portfolio of the clients. Every investor investing in this fund needs to pay the management fee to the fund. After that, they can take a back seat and let the professionals do their job.

Expense Ratio

0.0062%

Asset Class

Equity

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

High

Minimum Subscription

1000

Subscription charges

0.0175%

Management fees

0.0175%

Leverage

Launched Date

2010/09/30

Fund Managers

KSB Capital Company

Fund Manager

FAQs about KASB IPO Fund

What Kind of Returns does KASB IPO Fund offer?

KASB IPO Fund offers desirable returns to traders who plan their investments in this fund. However, they must ensure to invest for an extended period.

How risky is the KASB IPO Fund?

KASB IPO Fund is a high-risk fund. Hence, those who are looking for higher returns may select this fund for investing.

What minimum amount do you need to invest in the KASB IPO Fund?

The minimum amount required for investing in the KASB IPO Fund is SAR 1000. This value indicates the smallest value with which investors can purchase the units of funds.