Lotus Halal Fixed Income Fund

The Lotus Halal Fixed Income Fund stands out as the clear leader in its category, holding the #1 position out of 7 Shariah-compliant fixed income funds by Net Asset Value (NAV), with a current NAV of ₦47.81B. That NAV figure also places it at #26 out of 222 funds across the entire Nigerian mutual fund market, a strong showing for a category-specific product. The fund's Week-to-Date (WTD) yield of 0.33% sits above the median WTD yield of 0.31% for its peer group, meaning it is currently generating slightly better short-term returns than the typical Shariah-compliant fixed income fund. Its Year-to-Date (YTD) yield of 7.39% gives a broader picture of how the fund has performed across the year so far.

Looking at the recent five-week history, the fund's NAV has grown steadily from ₦45.59B on 5 June 2026 to ₦47.81B on 3 July 2026, an increase of roughly ₦2.22B over that period. WTD yield has moved around somewhat, dipping to 0.17% on 19 June before recovering to 0.29% the following week and climbing again to 0.33% in the most recent reading. This kind of week-to-week variation in yield is normal for fixed income funds (funds that invest in low-risk, interest-like instruments rather than shares). The consistent NAV growth alongside 13,756 unitholders suggests steady participation and a gradually expanding fund size, which can reflect growing investor confidence in the product.