AWT Investments Limited-AWTIL is a Non-Banking Finance Company, licensed by the Securities and Exchange Commission of Pakistan to manage open and closed end funds and Investment Advisory, with a paid-up capital of PKR 250 million. AWT Investments Limited is a Joint venture between Army Welfare Trust (having majority 70% stake) and Pak Brunei Investment Company Limited. Army Welfare Trust (AWT) acquired majority stake in Primus Investment Management Ltd from Pak Brunei in December 2016, thus leading to change in the name of the company to AWT Investments Ltd. Primus Investment Management was established in June 2012 as wholly owned subsidiary of Pak Brunei Investment Company Limited. After rebrand launch to AWT Investments, the company has opened branch network across Pakistan to cater to both Armed Forces individuals and general public at large. The company with its experience team of investment professional serves extensive client base of corporations, endowments, healthcare organizations, high-net-worth individuals, pension funds and provident funds.
The sponsors AWT has over 4 decades of history in the financial services field with the “Askari” brand covering banking, insurance, leasing, financial services and asset management.
AWT Investments manages 7 mutual funds with 5 conventional funds and 2 Islamic funds.
PIML Value Equity Fund-category Equity Fund- Launched in 2013
PIML Islamic Equity Fund-category Islamic Equity Fund-launched in 2013
PIML Asset Allocation Fund-category Asset Allocation Fund-Launched in 2015
PIML Strategic Multi Asset Fund-category Balanced Fund-Launched in 2013
PIML Daily Reserve Fund-category Money market fund-launched in 2012
PIML Income Fund-Income Fund-category Income Fund- Launched in 2013
PIML Islamic Income Fund-category Islamic income fund-launched in 2013
Shuhada Savings Plan,
Retirement Savings Plan,
Children Education Savings Plan,
Home Purchase Savings,
Hajj Savings Plan.
Army welfare trust (AWT) is a trust established in 1971 for the welfare and rehabilitation of the widows and wards of Shuhada of Pakistan Army. AWT with its famous Askari brand is a stakeholder of multiple commercial businesses in various fields and asset base of over Rs 23 billion.
Year of operation Company/Business Unit
1971 Army Welfare Trust
1972 Stud Farm Probyanabad
1984 Askari Sugar Mills Badin
1984 Stud Farm Boyalgunj
1990 Askari Real Estate Unit
1990 Askari Woolen Mills and Askari Shoe Projects
1990 Blue Lagoon & Army Welfare Mess
1992 Fish Farm
1995 Askari Aviation Pvt Ltd
1995 Askari General Insurance Company Ltd
1996 Askari Guards Pvt Ltd
1996 Mobil Askari Lubricants Pakistan Ltd
2002 Askari Compressed Natural Gas Project
2004 Askari Seeds
2009 Askari Enterprises Pvt Ltd
2011 Lahore Lagoon
2014 Fauji Security Services Pvt Ltd
2014 Askari Apparel
2017 AWT Investments Ltd
AWT INVESTMENTS is also a member of 'Mutual Funds Association of Pakistan'.
Name of Legal Advisor: Mohsin Tayebaly & Co.
Registration Number: 0076815
NTN Number: 3835738-7
Status of the Company: ESC = Economically Significant Comapny
Statutory auditor: A.F. Ferguson & Co., Chartered Accountants
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