UCB AML First Mutual Fund

Balanced+ dividends

UCB AML First Mutual Fund returned 2.82% a year over the last 3 years, with cash dividends reinvested, based on NAV history through 2 Sep 2026.

Open-end balanced mutual fund in Bangladesh, managed by UCB Asset Management Limited (UCB AML). Tracked since Apr 2021, with dividends reinvested by default or taken as cash.

৳10.42NAV per unit
৳22 crFund size
5.5 yrsSince Apr 2021
+2.50%Per year, max (5.5 yrs)
Start 100Now 114

Total-return path since Apr 2021, dividends reinvested.

Index, not taka.

See the numbers behind this chart
Month-by-month total-return index for UCB AML First Mutual Fund, dividends reinvested
MonthTotal-return index
Apr 2021100.00
May 2021103.80
Jun 2021103.90
Jul 2021107.00
Aug 2021108.20
Sep 2021110.80
Oct 2021108.00
Nov 2021109.50
Dec 2021110.10
Jan 2022111.70
Feb 2022111.60
Mar 2022108.90
Apr 2022109.10
May 2022105.10
Jun 2022104.90
Jul 202295.80
Aug 202297.10
Sep 202298.20
Oct 2022104.80
Nov 2022105.50
Dec 2022106.10
Jan 2023106.10
Feb 2023106.50
Mar 2023107.20
Apr 2023107.40
May 2023107.60
Jun 2023107.40
Jul 2023104.90
Aug 2023106.00
Sep 2023105.20
Oct 2023107.30
Nov 2023107.20
Dec 2023107.40
Jan 2024109.80
Feb 2024108.30
Mar 202498.60
Apr 202495.50
May 202490.20
Jun 202494.70
Jul 202495.30
Aug 2024113.00
Sep 2024112.70
Oct 2024108.70
Nov 2024108.00
Dec 2024109.00
Jan 2025107.90
Feb 2025108.90
Mar 2025108.40
Apr 2025107.20
May 2025105.10
Jun 2025108.70
Jul 2025116.60
Aug 2025116.20
Sep 2025112.90
Oct 2025112.60
Nov 2025112.80
Dec 2025110.20
Jan 2026118.30
Feb 2026126.20
Mar 2026115.10
Apr 2026118.80
May 2026120.60
Jun 2026122.20
Jul 2026115.50
Aug 2026113.90
Sep 2026114.30

Latest NAV date: 3 Sep 2026.Source: UCB Asset Management Limited (UCB AML)'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-0.67%-1.33%-9.29%
Year to date+3.78%+5.08%-6.74%
1 year+1.27%+1.27%-2.76%
2 years+1.46%+0.73%+1.31%
3 years+8.69%+2.82%+3.14%
5 years+3.18%+0.63%+2.37%
Max (5.5 yrs)+14.32%+2.50%+2.20%

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 Total return includes the fund’s cash dividends (about 3.5%/yr), reinvested by default.

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+1.24%+1.49%+22.35%-16.17%54
3 years+2.80%+1.46%+6.77%-4.57%30

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:

9.4%Downside deviation
-18%Worst drop
88%Positive 12-mo windows
16.5%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

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৳
Dividends
See the numbers behind this chart
Month-by-month value of a ৳1,000 lump sum in UCB AML First Mutual Fund, dividends reinvested
MonthValue of ৳1,000
Apr 2021৳1,000
May 2021৳1,038
Jun 2021৳1,039
Jul 2021৳1,070
Aug 2021৳1,082
Sep 2021৳1,108
Oct 2021৳1,080
Nov 2021৳1,095
Dec 2021৳1,101
Jan 2022৳1,117
Feb 2022৳1,116
Mar 2022৳1,089
Apr 2022৳1,091
May 2022৳1,051
Jun 2022৳1,049
Jul 2022৳958
Aug 2022৳971
Sep 2022৳982
Oct 2022৳1,048
Nov 2022৳1,055
Dec 2022৳1,061
Jan 2023৳1,061
Feb 2023৳1,065
Mar 2023৳1,072
Apr 2023৳1,074
May 2023৳1,076
Jun 2023৳1,074
Jul 2023৳1,049
Aug 2023৳1,060
Sep 2023৳1,052
Oct 2023৳1,073
Nov 2023৳1,072
Dec 2023৳1,074
Jan 2024৳1,098
Feb 2024৳1,083
Mar 2024৳986
Apr 2024৳955
May 2024৳902
Jun 2024৳947
Jul 2024৳953
Aug 2024৳1,130
Sep 2024৳1,127
Oct 2024৳1,087
Nov 2024৳1,080
Dec 2024৳1,090
Jan 2025৳1,079
Feb 2025৳1,089
Mar 2025৳1,084
Apr 2025৳1,072
May 2025৳1,051
Jun 2025৳1,087
Jul 2025৳1,166
Aug 2025৳1,162
Sep 2025৳1,129
Oct 2025৳1,126
Nov 2025৳1,128
Dec 2025৳1,102
Jan 2026৳1,183
Feb 2026৳1,262
Mar 2026৳1,151
Apr 2026৳1,188
May 2026৳1,206
Jun 2026৳1,222
Jul 2026৳1,155
Aug 2026৳1,139
Sep 2026৳1,143
৳1,000 · Apr 2021৳1,143 · 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)
LiquidityOpen-end, redeemable weekly at NAV
Asset managerUCB Asset Management Limited (UCB AML)
SponsorUnited Commercial Bank PLC
TrusteeSandhani Life Insurance Company
CustodianBRAC Bank
Face valueBDT 10 per unit

What UCB AML First Mutual Fund holds

As of 30 Jun 2026

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

Asset mix
Listed equity 68.94%Government securities (T-bonds) 20.33%Cash at bank 10.73%
Top holdings
BRAC Bank17.83%
avg cost ৳35.54 · stmt mkt ৳65.49
Government treasury securities (BD0935191108)13.25%
Prime Bank11.05%
avg cost ৳26.27 · stmt mkt ৳30.00
Square Pharmaceuticals9.85%
avg cost ৳213.40 · stmt mkt ৳224.00
Marico Bangladesh9.81%
avg cost ৳2,719.25 · stmt mkt ৳2,771.43
Eastern Bank9.55%
avg cost ৳25.25 · stmt mkt ৳24.90
Grameenphone6.63%
avg cost ৳340.52 · stmt mkt ৳259.66
Government treasury securities (BD0937901157)4.49%
Renata4.21%
avg cost ৳927.73 · stmt mkt ৳455.78
Government treasury securities (BD0936437278)2.59%

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 61.79% of the fund.

What changed in the latest statement

31 Mar 2026 → 30 Jun 2026before now

+ Government treasury securities (BD0935191108) · new, 13.25%+ Government treasury securities (BD0937901157) · new, 4.49%+ Government treasury securities (BD0936437278) · new, 2.59%− Berger Paints Bangladesh · no longer held
Eastern Bank6.03% → 9.55%
Marico Bangladesh7.44% → 9.81%
BRAC Bank16.12% → 17.83%

Asset mix: Listed equity 65.58% → 68.94%; Government securities (T-bonds) 22.40% → 20.33%; Cash at bank 12.02% → 10.73%.

Its 5 largest holdings went from 49.52% to 61.79% of the fund.

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

✓ Verified from UCB 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 UCB AML First Mutual Fund

What kind of fund is UCB AML First Mutual Fund?
UCB AML First Mutual Fund is an open-end balanced mutual fund in Bangladesh, managed by UCB Asset Management Limited (UCB AML). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.

What is the historical return of UCB AML First Mutual Fund?
Over roughly 5.5 years to 3 Sep 2026, UCB AML First Mutual Fund returned about +2.50% 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 UCB AML First Mutual Fund?
UCB AML First Mutual 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.

Is UCB AML First Mutual Fund Shariah-compliant?
No. UCB AML First Mutual Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare UCB AML First Mutual Fund 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.

2 of 58th of 10 balanced 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 balanced funds.

5-year rating: 2 of 5 over the same fixed 5-year window (8th of 8).

Return / year (3 yr)
+3.30%
Downside deviation
9.4%
Worst drop
-18%
Consistency
88%
Versus the market (DSEX)

Beta 0.66 · historically moved about 0.66% for each 1% move in the DSEX market index. DSEX explains roughly 50% of its month-to-month swings.

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