Senfin Shariah Income Fund
The objective of the SenFin Shariah Income Fund is to provide current income and liquidity to unit holders by investing primarily in Shariah compliant income based securities.
Fund Launch Date
October 2, 2014
Asset Class
Fixed Income
Domicile
Sri Lanka
Fund Currency
LKR
Custodian / Trustee
HNB PLC
Management Fee
0.60%
Entry Fee
Nil
Exit Fee
Nil
Minimum Investment
LKR 1000
ISIN Code
LKSSIFU00003
Portfolio Characteristics
The aim of the Fund Manager is to provide current income by way of semi-annual dividends and to provide liquidity to unit holders. Accordingly, the Fund Manager will invest Fund assets in a portfolio of well diversified, low-risk bank Mudharabah/ Wakaalah and other Shariah compliant income based securities. iCapital Limited acts as the Shariah technical advisor to the fund and the Shariah Council of iCapital Limited ensures that all investments are compliant with Shariah laws.
Buying Price
17.6037
Selling Price
17.6037
NAV
17.6037
Assets Under Management
162.4 Million
Last updated on 19/12/2024
Calendar Year Performance
| Performance | 2019 | 2020 | 2021 | 2022 | 2023 |
2024 YTD to 30th November * |
|---|---|---|---|---|---|---|
| SSIF | 6.71% | 4.43% | 3.38% | 9.85% | 15.71% | 8.61% |
| Benchmark | - | - | - | - | - | - |
Past performance is not indicative of future results
* Annualized return
* Annualized return