Esquire ICL Apparel Fund

Growth+ dividends

Open-end growth mutual fund in Bangladesh, managed by Impress Capital. Tracked since Nov 2019, with dividends reinvested by default or taken as cash.

৳13.80NAV per unit
৳7 crFund size
6.7 yrsSince Nov 2019
+9.91%Per year, since launch

Latest collected NAV: 29 Jun 2026, from Impress Capital's website. Page last updated: 20 Jul 2026. NAVs are refreshed every day.

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 periodTotal returnPer yearMonthly SIP /yr
6 months+12.20%+25.88%+24.99%
1 year+20.32%+20.32%+23.11%
2 years+40.15%+18.39%+17.17%
3 years+25.97%+8.00%+13.53%
5 years+33.39%+5.93%+8.76%
Max (6.7 yrs)+86.27%+9.91%+9.35%

Figures as of 29 Jun 2026. Total return includes the fund’s cash dividends (about 14%/yr), reinvested by default.

Calculate your return

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

Dividends
৳1,000 · Nov 2019৳1,863 · 29 Jun 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)
Early-exit feeTk 0.10 per unit discount from NAV on surrender
Minimum investmentBDT 500 (50 units)
LiquidityOpen-end, redeemable weekly at NAV
Asset managerImpress Capital
SponsorEsquire Knit Composite
TrusteeInvestment Corporation of Bangladesh
CustodianBRAC Bank
Face valueBDT 10 per unit

What Esquire ICL Apparel Fund holds

As of 31 Mar 2026

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

Asset mix
Listed equity 74.12%Government securities (T-bonds) 20.65%Corporate bond 1.56%Cash at bank 2.50%Receivables & prepayments 0.88%Preliminary & issue expenses 0.29%
Sector allocation
Bank33.77%
Pharmaceuticals & Chemicals22.10%
Telecommunication5.14%
Miscellaneous3.65%
Engineering3.51%
Cement3.19%
Food & Allied2.76%
Top holdings
BRAC Bank11.74%
Marico Bangladesh9.11%
Square Pharmaceuticals9.03%
Prime Bank8.55%
Jamuna Bank5.13%
City Bank4.86%
Renata3.96%
Bangladesh Shipping Corporation3.65%
BSRM Steels3.51%
Grameenphone3.42%

Its 5 largest holdings are 43.56% of the fund.

✓ Verified from ICL quarterly financial statements (scrip-level annexure) (31 Mar 2026). Holdings are disclosed quarterly, so they can lag the latest weekly NAV.

Apparel-themed by mandate (sponsor: Esquire Knit Composite), but at 31 Mar 2026 the fund held no textile or apparel stocks; three scrips' sector cells are blank in the source and were assigned Pharmaceuticals & Chemicals per DSE classification.

Questions about Esquire ICL Apparel Fund

What kind of fund is Esquire ICL Apparel Fund?
Esquire ICL Apparel Fund is an open-end growth mutual fund in Bangladesh, managed by Impress Capital. You buy and redeem units at its weekly net asset value (NAV), and it has no fixed maturity.

What is the historical return of Esquire ICL Apparel Fund?
Over roughly 6.7 years to 29 Jun 2026, Esquire ICL Apparel Fund returned about +9.91% 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 Esquire ICL Apparel Fund?
Esquire ICL Apparel 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 Esquire ICL Apparel Fund have an exit load?
Tk 0.10 per unit discount from NAV on surrender.

What is the minimum investment for Esquire ICL Apparel Fund?
Esquire ICL Apparel Fund has a one-time minimum of BDT 500 (50 units).

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

Compare Esquire ICL Apparel Fund with other funds →
ExperimentalReturnKoto? ratingstill being calibrated

We are building a rules-based rating for each fund. It is experimental and still being calibrated, so treat it as one starting point for your own research rather than a verdict, and expect it to change as the method is refined. Every input is published on the ratings page so you can check it yourself.

3 of 511th of 17 growth 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 growth funds.

5-year rating: 3 of 5 over the same fixed 5-year window (8th of 15).

Stars capped at 3: over this window its return did not beat both of its yardsticks, the 91-day T-bill and (for equity funds) the DSEX index.

Return / year (3 yr)
+8.00%
Downside deviation
7.4%
Worst drop
-14%
Consistency
80%
Versus the market (DSEX)

Beta 0.44 · historically moved about 0.44% for each 1% move in the DSEX market index. DSEX explains roughly 18% of its month-to-month swings.

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