Ekush Stable Return Fund (ESRF)

Income

Ekush Stable Return Fund (ESRF) returned 13.50% a year over the last 3 years, with cash dividends reinvested, based on NAV history through 2 Sep 2026.

Open-end income mutual fund in Bangladesh, managed by Ekush Wealth Management Limited (Ekush). Tracked since Sep 2022, with dividends reinvested by default or taken as cash.

৳15.35NAV per unit
৳68 crFund size
4.1 yrsSince Sep 2022
+11.30%Per year, max (4.1 yrs)
Start 100Now 154

Total-return path since Sep 2022, dividends reinvested.

Index, not taka.

See the numbers behind this chart
Month-by-month total-return index for Ekush Stable Return Fund, dividends reinvested
MonthTotal-return index
Sep 2022100.00
Oct 2022100.00
Nov 2022100.00
Dec 2022100.00
Jan 2023100.00
Feb 2023100.00
Mar 2023100.80
Apr 2023101.20
May 2023101.70
Jun 2023102.70
Jul 2023102.90
Aug 2023104.40
Sep 2023105.00
Oct 2023105.40
Nov 2023106.10
Dec 2023106.60
Jan 2024107.40
Feb 2024108.50
Mar 2024109.20
Apr 2024109.90
May 2024110.80
Jun 2024111.70
Jul 2024112.60
Aug 2024113.70
Sep 2024114.90
Oct 2024116.10
Nov 2024117.00
Dec 2024149.40
Jan 2025119.30
Feb 2025127.00
Mar 2025124.00
Apr 2025124.00
May 2025125.00
Jun 2025125.60
Jul 2025128.50
Aug 2025132.00
Sep 2025135.40
Oct 2025136.60
Nov 2025137.70
Dec 2025137.70
Jan 2026139.50
Feb 2026141.00
Mar 2026142.40
Apr 2026142.40
May 2026144.00
Jun 2026147.90
Jul 2026149.40
Aug 2026153.30
Sep 2026153.50

Latest NAV date: 3 Sep 2026.Source: Ekush Wealth Management Limited (Ekush)'s website.Figures as of 2 Sep 2026.

Historical returns

Total return reinvests every dividend. “Per year” is the annualized compound rate. The last column is the return on a fixed amount invested every month (SIP).

Return period Total return Per year Monthly SIP /yr
6 months+7.79%+16.18%+17.33%
Year to date+11.48%+15.60%+16.37%
1 year+13.38%+13.38%+15.16%
2 years+33.64%+15.60%+14.58%
3 years+46.20%+13.50%+14.50%
Max (4.1 yrs)+53.48%+11.30%+13.01%

Bars in each column are relative to the largest figure in that column, not a 0 to 100% scale.

Figures as of 3 Sep 2026

Rolling returns & path risk

A single look-back can flatter or punish a start date. These figures walk the whole history.

Rolling window Latest Median Best Worst Windows
1 year+13.37%+12.44%+40.15%-7.83%37
3 years+13.49%+12.13%+13.66%+10.63%13

Each window is annualized total return (dividends reinvested). Latest is the most recent closed window; median / best / worst summarize every overlapping window of that length. Tap ? on a column header for a short tip.

Path risk over the same fixed 3-year window as the rating:

11.7%Downside deviation
-20%Worst drop
96%Positive 12-mo windows
20.1%Volatility (ann.)

Downside deviation only counts losing months. Worst drop is the deepest peak-to-trough fall inside the window. These are measured facts from the NAV series; the star composite that uses them stays experimental.

Calculate your return

Just this fund. Set an amount, pick one-time or monthly, and choose a period.

৳
Dividends
See the numbers behind this chart
Month-by-month value of a ৳1,000 lump sum in Ekush Stable Return Fund, dividends reinvested
MonthValue of ৳1,000
Sep 2022৳1,000
Oct 2022৳1,000
Nov 2022৳1,000
Dec 2022৳1,000
Jan 2023৳1,000
Feb 2023৳1,000
Mar 2023৳1,008
Apr 2023৳1,012
May 2023৳1,017
Jun 2023৳1,027
Jul 2023৳1,029
Aug 2023৳1,044
Sep 2023৳1,050
Oct 2023৳1,054
Nov 2023৳1,061
Dec 2023৳1,066
Jan 2024৳1,074
Feb 2024৳1,085
Mar 2024৳1,092
Apr 2024৳1,099
May 2024৳1,108
Jun 2024৳1,117
Jul 2024৳1,126
Aug 2024৳1,137
Sep 2024৳1,149
Oct 2024৳1,161
Nov 2024৳1,170
Dec 2024৳1,494
Jan 2025৳1,193
Feb 2025৳1,270
Mar 2025৳1,240
Apr 2025৳1,240
May 2025৳1,250
Jun 2025৳1,256
Jul 2025৳1,285
Aug 2025৳1,320
Sep 2025৳1,354
Oct 2025৳1,366
Nov 2025৳1,377
Dec 2025৳1,377
Jan 2026৳1,395
Feb 2026৳1,410
Mar 2026৳1,424
Apr 2026৳1,424
May 2026৳1,440
Jun 2026৳1,479
Jul 2026৳1,494
Aug 2026৳1,533
Sep 2026৳1,535
৳1,000 · Sep 2022৳1,535 · 3 Sep 2026

Total-return NAV rebased to your amount. Dividends are reinvested by default; switch to taken as cash above.

Fund details

Management fee2.50% down to 1.00% per year (tiered by fund size)
Fee vs peersStated headline among 7 Income funds ReturnKoto? tracks: 0.70% to 2.50%. This fund’s stated headline is 2.50%. 3 peers state a lower headline. This is the management fee line from each prospectus, not a full expense ratio (TER).
Early-exit feeSIP cancelled before 3 years: 1%; otherwise none
Minimum investmentBDT 5,000 individual / BDT 50,000 institution
LiquidityOpen-end, redeemable weekly at NAV
Asset managerEkush Wealth Management Limited (Ekush)
SponsorEkush Wealth Management Limited (Ekush)
TrusteeSandhani Life Insurance
CustodianBRAC Bank
Face valueBDT 10 per unit

What Ekush Stable Return Fund holds

As of 30 Jun 2026

From the fund’s quarterly portfolio disclosure. Percentages by market value.

Asset mix
Government securities (T-bonds) 50.35%Corporate & subordinated bonds 29.50%FDR / term deposit 9.07%Cash at bank 6.04%Preference shares 5.04%
Largest holdings
Government treasury bonds50.35%
BRAC Bank 2nd subordinated bond9.91%
avg cost ৳1,000,000.00 · stmt mkt ৳1,000,000.00
IDLC Finance FDRs9.07%
City Bank 5th subordinated bond8.40%
avg cost ৳1,000,000.00 · stmt mkt ৳1,000,000.00
Bank Asia 4th subordinated bond6.72%
avg cost ৳1,000,000.00 · stmt mkt ৳1,000,000.00
Renata preference shares5.04%
avg cost ৳1,900.00 · stmt mkt ৳1,900.00
Jamuna Bank 5th subordinated bond3.36%
avg cost ৳500,000.00 · stmt mkt ৳500,000.00
Dhaka Bank 4th subordinated bond0.84%
avg cost ৳1,000,000.00 · stmt mkt ৳1,000,000.00
APSCL coupon bearing bond0.29%
avg cost ৳1,293.30 · stmt mkt ৳1,250.00

Each bar is sized against the largest name in this list, so you can compare them to each other. The percentage is still that name’s share of the whole fund.

Its 5 largest holdings are 84.45% of the fund.

What changed in the latest statement

31 Mar 2026 → 30 Jun 2026before now

+ City Bank 5th subordinated bond · new, 8.40%+ Dhaka Bank 4th subordinated bond · new, 0.84%+ APSCL coupon bearing bond · new, 0.29%
Government treasury bonds57.31% → 50.35%

Asset mix: Government securities (T-bonds) 57.31% → 50.35%; Corporate & subordinated bonds 21.63% → 29.50%; Open-end mutual fund exited (was 0.59%).

Position sizes shift with both trading and market prices; both snapshots come from the fund manager’s own statements.

✓ Verified from Ekush quarterly portfolio statement (30 Jun 2026). Holdings are disclosed quarterly, so they can lag the latest daily NAV.

Side by side with another fund

Questions about Ekush Stable Return Fund (ESRF)

What kind of fund is Ekush Stable Return Fund?
Ekush Stable Return Fund is an open-end income mutual fund in Bangladesh, managed by Ekush Wealth Management Limited (Ekush). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.

What is the historical return of Ekush Stable Return Fund?
Over roughly 4.1 years to 3 Sep 2026, Ekush Stable Return Fund returned about +11.30% per year, as a total return with dividends reinvested. The figure changes with the period you choose, and past performance does not guarantee future results.

What are the fees for Ekush Stable Return Fund?
Ekush Stable Return Fund charges a management fee of 2.50% down to 1.00% per year (tiered by fund size). Its published NAV, and so every return shown, is already net of this fee.

Does Ekush Stable Return Fund have an exit load?
SIP cancelled before 3 years: 1%; otherwise none.

What is the minimum investment for Ekush Stable Return Fund?
Ekush Stable Return Fund has a one-time minimum of BDT 5,000 individual / BDT 50,000 institution and a monthly SIP from BDT 1,000/month.

Is Ekush Stable Return Fund Shariah-compliant?
No. Ekush Stable Return Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare Ekush Stable Return Fund (ESRF) with other funds →
ExperimentalReturnKoto? ratingstill being calibrated

Rules-based rating for each fund. Experimental; treat as one input for your own research. Every sub-score is on the ratings page.

1 of 56th of 6 income funds

A rules-based score over the same fixed 3-year window every fund is measured on: return against its benchmark, downside deviation, worst drop and consistency, on a scale set for income funds.

Return / year (3 yr)
+13.20%
Downside deviation
11.7%
Worst drop
-20%
Consistency
96%
Versus the market (DSEX)

Beta 0.14 · has moved largely independently of the DSEX market index (low correlation: it explains only about 1% of its month-to-month swings).

✓ Rules-based, measured from the fund’s own NAV history. How the rating will work.