Net Asset Value in Pakistani Rupees for March 31, 2016

Fund Name                                                  Date         Offer     Redemption

                                                                        price       price

NAFA Islamic Active Allocation Plan-I                 March 31, 2016    0.0000    103.7222

NAFA Active Allocation Riba Free Savings Fund         March 31, 2016    0.0000     10.0893

NAFA Islamic Active Allocation Equity Fund            March 31, 2016    0.0000     10.6541

NAFA Islamic Active Allocation Plan-II                March 31, 2016    0.0000    100.8020

NAFA Government Securities Liquid Fund                March 31, 2016   10.5777     10.5777

NAFA Savings Plus Fund                                March 31, 2016   10.6702     10.6001

NAFA Financial Sector Income Fund                     March 31, 2016   11.1352     10.9899

NAFA Money Market Fund                                March 31, 2016   10.3605     10.2924

NAFA Government Securities Savings Fund               March 31, 2016   10.9483     10.8054

NAFA Income Opportunity Fund                          March 31, 2016   11.4834     11.3335

NAFA Riba Free Savings Fund                           March 31, 2016   10.6606     10.5906

NAFA Income Fund                                      March 31, 2016   10.4008     10.2651

NAFA Islamic Aggressive Income Fund                   March 31, 2016   10.1422     10.0098

NAFA Multi Asset Fund                                 March 31, 2016   15.9432     15.3348

NAFA Islamic Asset Allocation Fund (Formerly;         March 31, 2016   16.5493     15.9178

NAFA Islamic Multi Asset Fund)

NAFA Stock Fund                                       March 31, 2016   13.1522     12.6503

NAFA Islamic Stock Fund                               March 31, 2016   11.6721     11.2267

NAFA Asset Allocation Fund                            March 31, 2016   15.4488     14.8593

NAFA Islamic Principal Protected Fund – I             March 31, 2016    0.0000    109.7502

NAFA Islamic Principal Protected Fund – II            March 31, 2016    0.0000    116.0892

NAFA Islamic Principal Preservation Fund              March 31, 2016    0.0000    102.8563

                                                           Date          NAV

Debt Fund                                             March 31, 2016  133.8176

Equity Fund                                           March 31, 2016  216.0474

Money Market Fund                                     March 31, 2016  121.7227

                                                           Date          NAV

Debt Fund                                             March 31, 2016  118.7791

Equity Fund                                           March 31, 2016  218.6275

Money Market Fund                                     March 31, 2016  118.5773