Lakson Fixed Return Fund Plan-I
Launched under the umbrella of Lakson Fixed Return Fund, the investment objective of the
plan is to provide a fixed return to Unit Holders who hold their investment until maturity by
investing in Authorized Investable Avenues such as government securities, cash in bank
account, money market placements, deposits, certificate of deposits (COD), certificate of
musharakas (COM) and Term Deposit Receipts (TDRs).
Investment & Suitability
The plan is best suited for investors looking for capital preservation and targeted return of
9.85% on completion of the three months tenure.
Investment Committee
- Babar LakhaniChief Executive OfficerBabar LakhaniChief Executive Officer
Babar Lakhani is an investment executive and venture capital investor with nearly two decades of experience across global equity markets, institutional portfolio management, private equity, venture investing, and emerging market finance.
Prior to joining Lakson Investments, he served as Chief Investment Officer of Century Insurance, a publicly listed company on the Pakistan Stock Exchange, where he oversaw investment strategy and portfolio management across domestic and international markets. Earlier in his career, he worked with High Street Advisors and Credit Suisse Equity Group, developing expertise in investment research, asset allocation, and global financial markets.
At Lakson Investments, Babar has been actively involved across venture capital and private equity initiatives, supporting and investing in high-growth businesses across sectors including fintech, health-tech, education, agri-tech, consumer, and enterprise technology.
In addition to his institutional investment experience, he co-founded a med-tech company that scaled to more than $45 million in annual sales prior to its acquisition. He also co-founded the LI-SOP Marathon in Karachi, one of Pakistan’s leading endurance events, now in its 12th year.
He holds a BA in Finance from Bentley University and an MBA from Brandeis University. He is affiliated with YPO (Emirates and Pakistan Chapters), serves on the Alumni Trustee Committee of Brandeis University, and is involved with Developments in Literacy (DIL), supporting education initiatives in Pakistan.
Outside of work, his interests include endurance sports, philanthropy, emerging technologies, reading, and film.
- Mustafa O. Pasha, CFAExecutive Director & CIOMustafa O. Pasha, CFAExecutive Director & CIO
Mr. Pasha has over thirteen (13) years of experience in the asset management and investment advisory industry. He completed his undergraduate degree from McGill University (Montreal, Canada) in 2006 with a focus on Economics, History and Political Science and was awarded his CFA charter in 2012.
As Chief Investment Officer at Lakson Investments, he leads the investments process by formulating strategy and asset allocation in collaboration with a team of fund managers and analysts. He is responsible for driving the performance of all assets under management across public markets including mutual funds and managed accounts. As a member of senior management he is actively involved with all facets of the company's business strategy and in developing its long term vision.
Mr. Pasha was previously associated with BMA where he initially served as a fixed income analyst and later became the in-house economist for the entire BMA group. Between 2009 and 2012, he managed fixed income/money market investments across all mutual funds and institutional/HNW accounts advised by BMA. - Kashif MustafaManaging PartnerKashif MustafaManaging Partner
Kashif Mustafa is a financial professional with over 21 years of remarkable experience in various key roles within leading financial and healthcare institutions. He has been a driving force at Lakson Investments since joining in 2011. He currently serves as the Executive Director and is an integral part of the core team.
Professional Accomplishments:
Throughout his career, Kashif Mustafa has exhibited expertise in Investment & Financial Advisory, Private Equity, Operations and Business Management, Turnaround Management, Family Governance Structuring, Economic Research, and Lead Negotiation/Business Development. His lead role has played a pivotal role in shaping Lakson Investments into a preferred choice for Ultra High Net Worth Individuals (UHNIs) and family offices, particularly in the realm of discretionary investment advisory management. He is the member of the Investment Committees of Public Equities, Private Equity and Venture CapitalHe is widely recognized for his instrumental role in establishing Pakistan's first-ever Private Funds' Regulations in collaboration with regulators. He also led the successful launch of the inaugural Lakson Private Equity Fund and Lakson Venture Capital Fund. He sits on the board of Bookme, Bagallery and OMI Hospital.
Educational Background:
Mr. Mustafa's academic achievements are equally impressive. He holds a Master's degree in Wealth Management from Singapore Management University, earned through a prestigious partnership program with Yale School of Management, USA, and St. Gallen University, Switzerland. His academic pursuits also encompass a second Master's degree in Economics and an undergraduate degree in Mathematics. He is a certified professional from the Institute of Banking & Finance (Advanced), Singapore, and boasts certifications in Alternative Investments from Yale SOM and Preserving Wealth for Generations from St. Gallen, SL. Kashif Mustafa is an alumnus of Wealth Management Institute, Singapore.Media Presence:
Kashif Mustafa's insights and expertise are frequently sought after by the media. He has become a respected voice in discussions covering financial, economic, regulatory, and political issues. - Hassan Bin NasirHead of Fixed IncomeHassan Bin NasirHead of Fixed Income
Mr. Nasir has over twelve years of experience and currently holds the position of Vice President - Fixed Income at Lakson Investments Limited. He completed his MBA with a concentration in Finance from Bahria University, Pakistan.
At Lakson Investments, he is responsible for managing the fixed income portfolios of mutual funds and separately managed accounts. As a senior member of the team he is actively involved with both the front and back office to drive the company's strategy and vision forward.
He has extensive experience in fixed income investment strategy and trading conventional and Shariah compliant government securities, corporate debt and banking products.
Mr. Nasir has previously been associated with MCB - Arif Habib, Faysal Funds, BMA Funds and GlaxoSmithKline Pakistan Limited in various capacities of portfolio management.
- Talha SiddiquiHead of EquitiesTalha SiddiquiHead of Equities
Mr. Talha A. Siddiqui is a seasoned investment professional with over 10 years of rich experience in the Pakistani Capital Markets. He currently holds a position of Vice President – Head of Equities at Lakson Investments. He has completed his master’s degree in economics from the University of Manchester with focus on Behavioural Economics.
At Lakson Investments, he is responsible for devising investment strategies for Equity Portfolios. This would primarily involve maintaining adequate exposures, managing liquidity requirements and actively pursuing alpha generating strategies for the portfolios.
Previously, Mr. Siddiqui has been associated with AL Habib Asset Management Ltd. where the funds under his management were industry leading in generating significant returns for investors. Furthermore, he has also worked in the capacity of Head of Research at BMA Asset Management Company Ltd.
- Ahsan AliHead of ResearchAhsan AliHead of Research
Mr. Ali has over nine years of experience and presently holds the position of Vice President – Head of Research at Lakson Investments. He completed his MBA and BBA from the Institute of Business Management and is a CFA Charter holder.
At Lakson Investments, he is responsible for overseeing the research function ensuring that all investment research is meticulously conducted to support informed decision making, strategic planning and overall investment strategy at Lakson Investments.
Previously, Mr. Ali has been associated with HBL Asset Management, The Aga Khan University and Optimus Capital Management, where he significantly contributed to research, portfolio management, budgeting, management reporting and preparation of feasibility studies.
| Key Fund Details | |
|---|---|
| Fund Type | Open-End |
| Category | Fixed Rate/Return Scheme |
| Pricing Mechanism | Forward Day |
| Duration | 3 Months |
| Trustee | CDC Pakistan Limited |
| Auditor | BDO Ebrahim & Co. |
| Management Fee | Up to 1% per annum |
| Front End Load | None |
| Back End Load | None |
| Contingent Load | Load shall be commensurate with net losses incurred due to early redemption |
| Launch Date | February 27, 2026 |
| Benchmark | PKRV rates on the last date of IOP/ Subscription Period of the Plan with the maturity period corresponding to the maturity of plan |
| Dealing Days | Mon-Fri |
| Cut-Off Time | 4:00 PM |
| Risk Profile | Moderate Risk |
Disclaimer
All investments in Mutual Funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of future results. The investors are advised in their own interest to carefully read the Offering Document in particular the investment policies in Clause 2.2 and risk disclosures and warning statements in contained in Clause 2.11 and part 11 in the respective Offering Documents.

