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HBL Investment Fund is a close ended equity mutual fund launched and managed by PICIC Asset Management Company Limited. It invests in the public equity markets of Pakistan. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of large cap companies. The fund benchmarks the performance of its portfolio against the KSE 100 Index. It was formerly known as PICIC Investment Fund. HBL Investment Fund is domiciled in Pakistan.
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