KARACHI: Pakistani Shariah-compliant Lucky Investments Limited announced on Monday it has crossed the Rs100 billion [$350 million] mark in Assets Under Management (AUM) within only six months of launching its fund, making it the first assets management company firm to achieve the feat.
Lucky Investments, a subsidiary of Pakistan’s Lucky Group, focuses on investment and portfolio management across sectors like energy, real estate and manufacturing. Originally known as Interloop Asset Management Limited, the company was acquired by Yunus Brothers Group in December 2024 and rebranded as Lucky Investments Limited.
AUM is the total market value of all the assets that a financial institution, such as a mutual fund or investment adviser, manages on behalf of its clients. In its statement, Lucky Investments said the company has received overwhelming response since its inception from both institutional and retail investors across the country.
“With their trust, we’ve reached PKR 100 Billion AUMs — a milestone that aligns with our vision of becoming the premier choice for Shariah-compliant investments,” Lucky Investments CEO Mohammad Shoaib said in a statement.
In April, the firm said it had successfully raised Rs50 billion ($170 million) during the Initial Public Offering (IPO) of its debut fund, the Lucky Islamic Money Market Fund, the largest ever mutual fund launch in Pakistan.
