Regulatory Alerts2026-08-07
Added
Notification of Schedule of Fees For the FY 2026-2027
The Mutual Funds Association of Pakistan notifies the Schedule of Fees applicable to Regulated Persons and Registered Service Providers for the Financial Year 2026-2027, effective from July 01, 2026. Regulated Persons, including Asset Management Companies, Pension Fund Managers, and Investment Advisers, are subject to one-time registration fees ranging from 100,000 to 300,000 PKR and annual fixed membership fees based on licence categories, plus variable fees on assets under management. Registered Service Providers, such as individual, corporate, and bank distributors, face one-time registration fees between 5,000 and 50,000 PKR and annual renewal fees of the same amounts. All fees are net of taxes, and failure to remit payments within 15 days of invoice generation incurs a late payment penalty of 2% per month on the outstanding amount.