UBL Funds Returns October 2026: Cash Fund 11.29%, Money Market 9.60% and Every Al-Ameen Islamic Fund in Pakistan (Full List)

We read UBL Fund Managers' October 2026 reports for its conventional funds and its Al-Ameen Islamic funds on 11 November 2026. They are published on the company's own online report pages, linked from ublfunds.com, and cover the month to 31 October 2026. Returns are yearly rates after all expenses, including the management fee. They are before tax, and past returns are no promise of future ones.

UBL money market and income fund returns for October 2026

UBL's four money market funds returned between 9.60% and 11.36% a year in October 2026. UBL Cash Fund, the largest at Rs 90,367 million, paid 11.29%, and UBL Liquidity Fund paid 11.36%. The money market benchmark was 11.61%.

The table shows each fund's return for October, its return in the 2026-27 financial year so far (FYTD, from 1 July), its return since 1 January (CYTD), and its size at the end of October.

One change stands out. UBL Liquidity Plus Fund shrank from Rs 29,990 million at the end of September to Rs 11,000 million at the end of October, a fall of 63.32%, the report shows. The report does not say why. Its return held up at 11.16%, so the existing unit holders were not hurt in the month.

Al-Ameen Islamic fund returns for October 2026

Al Ameen Islamic Income Fund returned 11.19% a year in October 2026, the highest Al-Ameen figure. Al-Ameen Islamic Cash Plan-I returned 10.75% and Al-Ameen Islamic Cash Fund 9.54%. The Islamic money market benchmark was 10.14%.

Al Ameen Islamic Income Fund is an income fund, not a money market fund. The report rates it "medium" risk, against "low" for the cash funds, because it can hold longer sukuk whose prices move. For a saver who may need the money in a few weeks, the cash funds are the closer match to an Islamic savings account. For how Islamic banks share profit with savers, see our explainer on the Islamic savings pool rule.

UBL and Al-Ameen stock funds fell in October 2026

UBL's equity funds lost between 1.62% and 3.54% in October 2026. UBL Stock Advantage Fund fell 2.99% and Al-Ameen Shariah Stock Fund fell 3.54%, as the KSE-100 dropped 2.1% in the month to 166,409 points, the report says.

These are period returns, not yearly rates. Rs 1 lakh put into UBL Stock Advantage Fund on 1 July 2026 was worth about Rs 90,860 on 31 October. The market rose strongly in the first days of November, as our KSE-100 report for 10 November shows, so part of that loss has since been recovered. Over three years, the same report shows UBL Financial Sector Fund up 320.50%, a reminder that equity funds swing hard both ways.

What Rs 1 lakh to Rs 10 lakh earns in UBL funds each month

At October's rates, Rs 10 lakh in UBL Cash Fund would earn about Rs 9,408 a month before tax. The same amount in UBL Money Market Fund would earn about Rs 8,000. These are our own sums on the yearly rates.

UBL Cash Fund lists no front-end load and no back-end load, a minimum investment of Rs 500, and a cut-off time of 3:00 pm (4:00 pm on Friday). UBL Liquidity Plus Fund also lists no load, a Rs 500 minimum, and a 9:30 am cut-off for same day redemption. The report adds that a load of up to 3% or 1.5% may be charged at the company's discretion, so confirm the load on your own investment form. Tax applies on top, and the rate depends on your filer status.

Bank savings accounts pay a fixed 10.50% on balances up to Rs 10 million from 1 November 2026, as our UBL bank profit rates list shows for UBL the bank. In October, UBL Cash Fund paid a little more than that, but its rate is not fixed.

How to check a UBL fund's return yourself

UBL Fund Managers publishes a monthly fund manager report and daily prices on ublfunds.com. The report opens in a browser, with no login.

1. Open ublfunds.com and go to Downloads, then Performance Reports.
2. Pick the year and month. October 2026 has separate Conventional and Islamic links.
3. Open the Performance Summary for the full list of funds, sizes and calendar year returns.
4. Open your fund's own page for the October return, FYTD return, loads and cut-off times.
5. For today's unit price, use Resources and Tools, then Latest Fund Prices.

The industry body's pages carry the same numbers for every fund manager, as our MUFAP NAV and returns guide explains. If you want a simple account to start with, our guide to Sahulat mutual fund accounts covers the limits.

Common questions

What is the UBL Cash Fund return in October 2026?

11.29% a year for October 2026, 11.44% since 1 July and 10.88% since 1 January, according to UBL Fund Managers' October report. It is UBL's largest fund at Rs 90,367 million.

What is the UBL Money Market Fund return?

9.60% a year in October 2026 and 9.83% since 1 July. It was the lowest of UBL's four money market funds in the month.

Which Al-Ameen fund paid the most in October 2026?

Al Ameen Islamic Income Fund, at 11.19% a year. Among the low risk Islamic cash funds, Al-Ameen Islamic Cash Plan-I paid 10.75%.

How much does Rs 10 lakh earn in UBL Cash Fund each month?

About Rs 9,408 a month before tax at October's 11.29% rate. The amount changes with each month's return.

Does UBL Cash Fund charge a load?

The October 2026 report lists no front-end and no back-end load. It also says a load of up to 3% may be charged at the company's discretion, so check your form.

Is UBL Funds the same as UBL bank?

No. The funds are run by UBL Fund Managers Limited, an asset management company. A fund unit is not a bank deposit and its value can go down.

How we verified this

What we checked, where we read it, and what we could not confirm.

We read UBL Fund Managers' October 2026 report for conventional funds and October 2026 report for Al-Ameen Islamic funds on 11 November 2026, linked from the UBL Funds performance reports page. Monthly profit figures are our arithmetic. Nothing here is advice to buy any fund.