HFAML Shariah Unit Fund (HFSUF)
Open-end growth mutual fund in Bangladesh, Shariah-compliant, managed by HF Asset Management Limited (HFAML). Tracked since Mar 2022, with dividends reinvested by default or taken as cash.
৳1,00,000 invested 3 years ago is ৳93,350 today.
HFAML Shariah Unit Fund (HFSUF) returned -2.27% a year over the last 3 years as a one-time investment, with cash dividends reinvested, based on NAV history through 27 Sep 2026.
- Worst fall
- -18.6%
- Last 3 years, to Jul 2026
- Whole record
- -0.61%/yr
- 4.6 yrs · Data from Mar 2022
- NAV per unit
- ৳8.88
- 27 Sep 2026
- Fund size
- ৳20 cr
- Net assets
Total-return path since Mar 2022, dividends reinvested.
See the numbers behind this chart
| Month | Total-return index |
|---|---|
| Mar 2022 | 100.00 |
| Apr 2022 | 99.80 |
| May 2022 | 97.70 |
| Jun 2022 | 99.50 |
| Jul 2022 | 96.60 |
| Aug 2022 | 99.80 |
| Sep 2022 | 100.90 |
| Oct 2022 | 100.40 |
| Nov 2022 | 100.70 |
| Dec 2022 | 101.60 |
| Jan 2023 | 101.50 |
| Feb 2023 | 96.20 |
| Mar 2023 | 101.20 |
| Apr 2023 | 101.80 |
| May 2023 | 102.60 |
| Jun 2023 | 103.90 |
| Jul 2023 | 103.90 |
| Aug 2023 | 104.10 |
| Sep 2023 | 104.20 |
| Oct 2023 | 104.20 |
| Nov 2023 | 104.20 |
| Dec 2023 | 104.40 |
| Jan 2024 | 95.10 |
| Feb 2024 | 101.40 |
| Mar 2024 | 96.10 |
| Apr 2024 | 93.90 |
| May 2024 | 91.10 |
| Jun 2024 | 93.00 |
| Jul 2024 | 93.00 |
| Aug 2024 | 100.00 |
| Sep 2024 | 98.20 |
| Oct 2024 | 90.90 |
| Nov 2024 | 91.70 |
| Dec 2024 | 91.70 |
| Jan 2025 | 88.10 |
| Feb 2025 | 90.60 |
| Mar 2025 | 90.00 |
| Apr 2025 | 86.90 |
| May 2025 | 85.10 |
| Jun 2025 | 87.40 |
| Jul 2025 | 91.40 |
| Aug 2025 | 91.90 |
| Sep 2025 | 91.50 |
| Oct 2025 | 88.50 |
| Nov 2025 | 85.00 |
| Dec 2025 | 85.00 |
| Jan 2026 | 87.70 |
| Feb 2026 | 90.40 |
| Mar 2026 | 91.20 |
| Apr 2026 | 90.40 |
| May 2026 | 91.10 |
| Jun 2026 | 96.50 |
| Jul 2026 | 100.60 |
| Aug 2026 | 100.60 |
| Sep 2026 | 97.30 |
Where these numbers come from
- PricesNAV from HF Asset Management Limited (HFAML)'s website, checked four times a day. Latest print 27 Sep 2026.
- Dividends2 cash dividends on record, dated to the fund manager’s own payment dates. See the record
- Fund manager reviewNot yet reviewed by the fund manager.
Figures as of 27 Sep 2026. How every figure is built
Among 20 growth funds
18th of 20 by return over the last 3 years, one-time with dividends reinvested.
Return per year
Worst fall from a peak
Fell less than 4 of the other 18.
See all 20 growth funds
| # | Fund | Per year | Worst fall |
|---|---|---|---|
| 1 | Ekush Growth Fund (EGF) | +13.05% | -9.7% |
| 2 | EDGE AMC Growth Fund (EDGEAMCGF) | +11.73% | -11.0% |
| 3 | EDGE Bangladesh Mutual Fund (EDGEBDMF) | +11.68% | -11.3% |
| 4 | IDLC Growth Fund (IGF) | +10.04% | -8.8% |
| 5 | CWT Emerging Bangladesh First Growth Fund (CWTEBFGF) | +9.24% | -12.2% |
| 6 | BCB ICL Growth Fund | +9.16% | -12.4% |
| 7 | VIPB Growth Fund | +7.91% | -14.2% |
| 8 | Esquire ICL Apparel Fund | +7.82% | -14.0% |
| 9 | VIPB NLI 1st Unit Fund | +7.04% | -13.6% |
| 10 | VIPB SEBL 1st Unit Fund | +6.97% | -14.0% |
| 11 | CWT Opportunities Fund (CWTOF) | +5.85% | -13.5% |
| 12 | CWT Sadharan Bima Growth Fund (CWTSBGF) | +5.84% | -15.0% |
| 13 | IDLC AML Shariah Fund (IAMLSF) Shariah | +2.91% | -9.9% |
| 14 | UCB Taqwa Growth Fund Shariah | +2.83% | -8.1% |
| 15 | CWT Community Bank Shariah Fund (CWTCBSF) Shariah | +2.38% | n/a |
| 16 | Shanta First Income Unit Fund (SFIUF) | +0.34% | -23.3% |
| 17 | Shanta Amanah Shariah Fund (SASF) Shariah | -1.98% | -21.2% |
| 18 | HFAML Shariah Unit Fund (HFSUF) Shariah | -2.27% | -18.6% |
| 19 | HFAML-ACME Employees' Unit Fund (HFACMEUF) | -4.17% | -23.7% |
| 20 | HFAML Unit Fund (HFUF) | -5.06% | -24.5% |
Return: one-time, dividends reinvested, over the last 3 years to each fund’s latest NAV (27 Sep 2026 to 29 Sep 2026). Worst fall: the 3 years to Jul 2026, monthly points. Past returns do not predict future ones.
Historical returns
Dividends reinvested throughout. One-time is a single amount put in at the start of the period; Monthly SIP puts the same amount in every month. Periods under 1 year show the total change, not a yearly rate.
Table is in AMC-aligned mode for this fund.
| One-time | Monthly SIP | ||
|---|---|---|---|
| Period | Total | Per year | Per year |
| 6 months | +6.73% | Under 1 yr | +2.58% total |
| Year to date | +14.43% | Under 1 yr | +5.39% total |
| 1 year | +6.35% | +6.35% | +12.41% |
| 2 years | -0.89% | -0.45% | +6.85% |
| 3 years | -6.65% | -2.27% | +2.97% |
| Max (4.6 yrs) | -2.70% | -0.61% | +0.87% |
Figures as of 27 Sep 2026 Dividends reinvested at the fund manager’s published payment dates (not the October convention).
Calculate your return
Just this fund. Set an amount, pick one-time or monthly, and choose a period.
See the numbers behind this chart
| Month | Value of ৳1,000 |
|---|---|
| Mar 2022 | ৳1,000 |
| Apr 2022 | ৳998 |
| May 2022 | ৳977 |
| Jun 2022 | ৳995 |
| Jul 2022 | ৳966 |
| Aug 2022 | ৳998 |
| Sep 2022 | ৳1,009 |
| Oct 2022 | ৳1,004 |
| Nov 2022 | ৳1,007 |
| Dec 2022 | ৳1,016 |
| Jan 2023 | ৳1,015 |
| Feb 2023 | ৳962 |
| Mar 2023 | ৳1,012 |
| Apr 2023 | ৳1,018 |
| May 2023 | ৳1,026 |
| Jun 2023 | ৳1,039 |
| Jul 2023 | ৳1,039 |
| Aug 2023 | ৳1,041 |
| Sep 2023 | ৳1,042 |
| Oct 2023 | ৳1,042 |
| Nov 2023 | ৳1,042 |
| Dec 2023 | ৳1,044 |
| Jan 2024 | ৳951 |
| Feb 2024 | ৳1,014 |
| Mar 2024 | ৳961 |
| Apr 2024 | ৳939 |
| May 2024 | ৳911 |
| Jun 2024 | ৳930 |
| Jul 2024 | ৳930 |
| Aug 2024 | ৳1,000 |
| Sep 2024 | ৳982 |
| Oct 2024 | ৳909 |
| Nov 2024 | ৳917 |
| Dec 2024 | ৳917 |
| Jan 2025 | ৳881 |
| Feb 2025 | ৳906 |
| Mar 2025 | ৳900 |
| Apr 2025 | ৳869 |
| May 2025 | ৳851 |
| Jun 2025 | ৳874 |
| Jul 2025 | ৳914 |
| Aug 2025 | ৳919 |
| Sep 2025 | ৳915 |
| Oct 2025 | ৳885 |
| Nov 2025 | ৳850 |
| Dec 2025 | ৳850 |
| Jan 2026 | ৳877 |
| Feb 2026 | ৳904 |
| Mar 2026 | ৳912 |
| Apr 2026 | ৳904 |
| May 2026 | ৳911 |
| Jun 2026 | ৳965 |
| Jul 2026 | ৳1,006 |
| Aug 2026 | ৳1,006 |
| Sep 2026 | ৳973 |
Total-return NAV rebased to your amount. Dividends are reinvested by default; switch to taken as cash above.
How rough was the ride
Returns tell you where HFAML Shariah Unit Fund (HFSUF) ended up. These tell you what holding it felt like on the way.
Worst fall from a peak (last 3 years)
-18.6%
Dec 2023 to Nov 2025 · Has not regained that peak yet.
Worst 12 months (last 3 years)
-12.8%
Best 12 months: +10.4%.
How bumpy (last 3 years)
12.3%
Yearly swing, about average.
Market sensitivity (last 3 years)
0.56
Against DSEX, partly follows the market.
Positive 12-month spells (last 3 years)
20%
Share of rolling years that ended up.
Measured over the 3 years to Jul 2026, the same fixed window every rated fund is measured on, on monthly total-return points with dividends reinvested. How bumpy is the annualized standard deviation of those monthly returns; the worst fall is the largest peak-to-trough drop inside the window. Full method.
Rolling returns, full history
Every closed 1-year and 3-year window since Mar 2022, one-time with dividends reinvested, shown per year. A single look-back can flatter or punish a start date.
| Rolling window | Latest | Median | Best | Worst | Windows |
|---|---|---|---|---|---|
| 1 year | +6.34% | -2.64% | +10.41% | -12.76% | 43 |
| 3 years | -2.26% | -3.45% | -1.07% | -5.77% | 19 |
Latest is the most recent closed window; median, best and worst summarize every overlapping window of that length.
Dividend record
2 cash dividends, ৳0.88 per unit in total on a ৳10 unit (8.75% of face value).
- 16 Mar 2023৳0.45 per unit · 4.5% of face
- 4 Feb 2024৳0.42 per unit · 4.25% of face
৳1,00,000 held max (4.6 yrs)
Cash kept aside, not reinvested.
Percentages are of the ৳10 face value, gross of tax. Each dividend is reinvested on the fund manager’s published payment date. Record: hfassetmanagement.com. Method
Costs and fund details
What HFAML Shariah Unit Fund holds
From the fund’s quarterly portfolio disclosure. Percentages by market value.
Its 5 largest holdings are 26.02% of the fund.
✓ Verified from HF AML 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 HFAML Shariah Unit Fund (HFSUF)
What kind of fund is HFAML Shariah Unit Fund?
HFAML Shariah Unit Fund is an Shariah-compliant open-end growth mutual fund in Bangladesh, managed by HF Asset Management Limited (HFAML). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.
What is the historical return of HFAML Shariah Unit Fund?
Over roughly 4.6 years to 27 Sep 2026, HFAML Shariah Unit Fund returned about -0.61% per year as a one-time investment, 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 HFAML Shariah Unit Fund?
HFAML Shariah Unit 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 HFAML Shariah Unit Fund have an exit load?
No separate exit load; sale/repurchase spread (currently about 2% of NAV, capped at 2% by the prospectus).
What is the minimum investment for HFAML Shariah Unit Fund?
HFAML Shariah Unit Fund has a one-time minimum of 100 units individual / 500 units institution.
Is HFAML Shariah Unit Fund Shariah-compliant?
Yes. HFAML Shariah Unit Fund is a Shariah-compliant fund, investing only in Islamically permissible ways under a Shariah supervisory board.