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A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to invest in diversified assets such as equities, bonds, and money market instruments. Investors’ share of profits or losses from the fund is based on their unit holdings in the fund.

Mutual funds offer diversification, expert management, liquidity, affordability, and transparency, making them a convenient way to participate in the capital market without requiring financial expertise.

Both individual and institutional investors, such as companies, trusts, and NGOs, from home and abroad can invest in the mutual fund.

Minimum Investment required for an individual investor is BDT 5,000.00. For an institution, the minimum investable amount is BDT 50,000. For Systematic Investment Plan (SIP) investor, an investor can invest a minimum of BDT 2,000 per month.

A BO account is required to hold Mutual Fund units electronically, similar to how shares are held in the stock market. BO account can be opened with a brokerage or securities house.

NO. TIN certificate is not mandatory for investment in Mutual Fund. However, 15% tax at source will be deducted from the dividend income if you don't have a 12-digit Taxpayers Identification Number (TIN), as per the Income Tax Act. The tax deduction at source will be reduced down to 10.0%, in case you have a TIN.

Management fee is an annual percentage of the Fund’s asset under management (AUM) that is charged to cover operational and administrative expenses. Management fee is calculated on the basis of the weekly average Net Asset Value (NAV) of the Fund as prescribed in the wmwKDwiwUR I G·‡PÄ Kwgkb (wgDPz¨qvj dvÛ) wewagvjv, 2025.

NAV represents the per-unit market value of the assets that is held by the fund. It is calculated by deducting all liabilities of the fund from all of its assets and then subtracting the result by the issued number of units of the fund.

NAV is mandatorily calculated and published every trading day as per the requirement of wmwKDwiwUR I G·‡PÄ Kwgkb (wgDPz¨qvj dvÛ) wewagvjv, 2025

Transparency in mutual fund management in Bangladesh is ensured through a comprehensive regulatory framework enforced by the Bangladesh Securities and Exchange Commission (BSEC). It requires funds’ activity to be monitored by a dedicated entity called ‘Trustee’ and all the assets are to be held at the disposal of a dedicated entity called ‘Custodian’. An independent ‘Auditor’ will be auditing the accounts and affairs of the fund at the end of every accounting year and submit their opinion.

There is no lock-in period. Investors can sell their units at any trading day during the business hours.

Units of an open-ended mutual funds can only be sold or redeemed or surrendered to the Asset Manager of the fund. The fund will repurchase its units from the unitholders as they sell the units under their holding.

Yes. Units can be transferred.

An SIP allows investors to invest a fixed amount of money at regular intervals, i.e. every month, for a certain period of time, helping someone build wealth gradually over a long period of time, through disciplined investing. For Systematic Investment Plan (SIP) investors, an investor can invest a minimum of BDT 2,000 per month into our funds.

SIP promotes regular savings, average out purchase cost, reduce market-timing risk, allows the return to compound and help someone achieving long-term financial goals.

Currently, the Systematic Investment Plan (SIP) for our fund is available on a monthly basis. An investor may commence with a minimum investment of BDT 2,000 per month under the SIP.

Yes. You can modify or cancel SIP plan later at any time with no penalty or extra cost. For modification or cancel, you need to contact us directly at + 88 096 17172300-303 or alternatively, you may visit our office of Midland Bank Asset Management located at N.B. Tower (Level 14), 40/7, Gulshan North Avenue, Gulshan-2, Dhaka – 1212, during business hours from Sunday to Thursday, 10:00 AM to 05:00 PM.

There is no entry or exit fees applicable for Midland Bank Growth Fund and Midland Bank Balanced Fund. Considering the interest of our investors, we did not keep any spread between units’ buy and sell price.

The accounting year for Midland Bank Growth Fund and Midland Bank Balanced Fund runs from July to June.

Units can be purchased or sold online 24/7 at www.invest.midlandamcbd.net. Alternatively, you are welcome to visit our office located at N.B. Tower (Level 14), 40/7, Gulshan North Avenue, Gulshan-2, Dhaka – 1212, during business hours from Sunday to Thursday, 10:00 AM to 05:00 PM. You may also reach out to our authorised selling agents for assistance. Please note that unit transactions will remain suspended during the book closure period in July, which is designated for the completion of the statutory annual audit and corresponding declaration of annual dividends (if applicable), at the Trustee Committee meeting.

You can buy and/or sell your units physically from Midland Bank Asset Management Company Limited or any of its Selling Agents. You can also use our Online Portal 24/7 by visiting the following website: www.invest.midlandamcbd.net.

It takes only 2 to 3 working days for the investors to receive the redemption proceeds, counting from receiving both of the following at our end:

• 1. The completed and signed ‘Surrender/Sell Form’ from the unitholder
• 2. The successful completion of transfer of units by unitholder back to the fund.

You will receive updates or statements about your investment via e-mail from Midland Bank Asset Management every week. You will also have the access to our online portal 24/7, where you can login to your own account and view the detailed status of your investments at any time. The detailed portfolio statement of the fund will be shared amongst the investors on quarterly basis.

You can expect varying returns from Mutual Fund in the form of capital appreciation as well as dividend.

Yes. Currently, the following benefits are available:

• Yearly investments of up to BDT 500,000.00 (Taka Five Lakh) in the Fund is allowed to be recognised as eligible investments under Clause 2(7)(b) of Sixth Schedule (Part 3) of Income Tax Act, 2023.
• Up to 15% of the investments in the Fund can be claimed as tax rebate under Section 78 of the Income Tax Act, 2023.
• According to Clause 10(a) of the Sixth Schedule (Part 1) of Income Tax Act, 2023, the income of the Fund will be exempted from tax at the Fund level.

You should consider your personal financial goals, investment time horizon, risk tolerance considering age, liquidity needs, tax benefits, Fund type and objective. Fund Manager’s investment discipline, integrity, transparency and cost efficiency in terms of the Asset Under Management is also very important factor to consider.

You can monitor the performance of your fund through the daily NAV published on the Fund Manager's website, as well as by reviewing the fund's historical NAV and dividend yield since its inception. The information will also be available at our website at www.midlandamcbd.net.

Yes. You can invest in multiple funds at the same time.

For a first time investor, you can just start with a small one-time investment of BDT 5,000.00 or a minimum monthly SIP amount of BDT 2,000.00.

Mutual funds do not guarantee returns. During bearish conditions in the capital market, funds typically underperform as the underlying securities perform poorly. Additionally, an increase in interest rates may lead to a decline in the values of bonds held within the portfolio. In such situations, mutual funds may be unable to distribute dividends or generate returns, requiring investors to await a market recovery to realise any returns.

Mutual fund investments are associated with the risk of principal erosion due to the downward movement of price of the underlying assets of the fund.

Midland Bank Growth Fund shall distribute minimum 30% of its earnings as dividend and Midland Bank Balanced Fund shall distribute minimum 50% of its earnings as dividend as per সিকিউরিটিজ ও এক্সচেঞ্জ কমিশন (মিউচ্যুয়াল ফান্ড) বিধিমালা, ২০২৫