NBP Financial Sector Fund tops FY26 with 70.4% return

Mettis Global reported that NBP Financial Sector Fund, run by NBP Fund Management Limited, finished the July 2025 to June 2026 fiscal year as the best performer among conventional equity schemes in its category. The fund returned 70.4 per cent, against 49.4 per cent for its KSE-30 Total Return Index benchmark, a gap of roughly 21 percentage points. That figure comes from the fund's June 2026 Fund Manager's Report, and it marks the strongest fiscal-year showing since the scheme launched in February 2018.

The gains came as banking and financial stocks were broadly re-rated over FY26. Since inception in 2018, the fund has returned 22.1 per cent annualised against 20.7 per cent for its benchmark. The FY26 result followed a 61.8 per cent return in FY25, when the fund trailed its benchmark's 64.2 per cent. At June 30, 2026, net assets were Rs2,601 million, with about 88.6 per cent in equities and the remainder in cash.

Mettis Global wrote that Askari Bank, at 16.8 per cent of assets, was the largest holding and appeared to be the main single driver of the fund's gap over its benchmark. On MUFAP's live summary as of August 17, 2026, the UBL Financial Sector Fund was slightly ahead of the NBP fund on calendar-year and three-month returns, although the NBP fund led on trailing one-year returns.