Mutual Funds
A Mutual Fund is an investment vehicle for investors seeking to invest in the capital market via professional fund managers. As a Fund Manager, LBAMCL is responsible for managing the fund professionally with the objective of generating superior risk adjusted return for its investors. LBAMCL manages both closed end and open end mutual funds.

Hybrid Fund

LankaBangla 1st Balanced Unit Fund

Inception Date : November 2016
Return Since Inception : 67.90%
DSEX Return: 34.60%
Fund Manager: Mr. Simon Ibn Muzib
Nature Open-end Fund
Life & size of the Fund Perpetual life and unlimited size
Sponsor LankaBangla Finance Limited
Trustee Bangladesh General Insurance Company Limited
Custodian BRAC Bank Limited
Objective The objective of the fund is to generate capital appreciation and income by investing in the permissible markets at appropriate percentages as determined by the Asset Manager
Dividend The fund will distribute minimum 70 (seventy) percent of realized income, net of provision, as dividend in Bangladeshi Taka in each accounting year.
Dividend Distribution The dividend will be distributed within 45 (forty-five) days from the date of declaration.

Islamic Fund

LankaBangla Al-Arafah Shariah Unit Fund

Inception Date : April 2018
Return Since Inception : 21.00%
DSES Return: 03.90%
Fund Manager: Mr. Azmal Hossain Rafi
Nature Open-end Fund
Life & size of the Fund Perpetual life and unlimited size
Sponsor Al-Arafah Islami Bank Limited Employees' Gratuity Fund Trust
Trustee Investment Corporation of Bangladesh
Custodian Investment Corporation of Bangladesh
Objective The objective of the fund is to generate capital appreciation and income by investing in the shariah compliant instruments in the capital market of Bangladesh at appropriate percentages as determined by the Asset Manager.
Dividend The fund will distribute minimum 70 (seventy) percent of realized income, net of provision, as dividend in Bangladeshi Taka in each accounting year.
Dividend Distribution The dividend will be distributed within 45 (forty-five) days from the date of declaration.

Hybrid Fund

LB Gratuity Opportunities Fund

Inception Date : December 2020
Return Since Inception : 41.60%
DSEX Return: 22.50%
Fund Manager: Mr. Simon Ibn Muzib
Nature Open-end Fund
Life & size of the Fund Perpetual life and unlimited size
Sponsor LankaBangla Securities Limited Employees' Gratuity Fund Trust
Trustee Investment Corporation of Bangladesh
Custodian Investment Corporation of Bangladesh
Objective The objective of the fund is to generate capital appreciation and income by investing in the permissible markets at appropriate percentages as determined by the Asset Manager.
Dividend The fund will distribute minimum 70 (seventy) percent of realized income, net of provision, as dividend in Bangladeshi Taka in each accounting year.
Dividend Distribution The dividend will be distributed within 45 (forty-five) days from the date of declaration.

Hybrid Fund

LB Gratuity Wealth Builder Fund

Inception Date : August 2021
Return Since Inception : 07.30%
DSEX Return: -06.80%
Fund Manager: Mr. Mostafa Noman
Nature Open-end Fund
Life & size of the Fund Perpetual life and unlimited size
Sponsor LankaBangla Finance Limited Employees' Gratuity Fund Trust
Trustee Bangladesh General Insurance Company Limited (BGIC)
Custodian BRAC Bank Limited
Objective The objective of the fund is To earn superior risk adjusted return by investing in capital market of Bangladesh as permitted by BSEC.
Dividend The fund will distribute minimum 70 (seventy) percent of realized income, net of provision, as dividend in Bangladeshi Taka in each accounting year.
Dividend Distribution The dividend will be distributed within 45 (forty-five) days from the date of declaration.