@Kainat Gul I'm not sure what you are referring to or what is your prepestive. I'm trying to say is that if you don't want to invest and want to hold cash and this is what you have decided then atleast what you should do is put your money in savings account atleast.

@Kainat Gul Thank you for getting back, and yes that is what I meant. Can we dig deeper reference to what you are saying. I have run some analysis in past and don't remember the numbers exactly. But here is the story: Mutual fund and saving accounts are going to give you 10% annually in profit. From my understanding you are going to make a loss or less return in mutual fund and I would like you to correct me if i'm wrong. In Saving account only WHT would be deducted, after I receive my profit. While in mutual fund, tax is deducted plus, annual charges as a service and then on top of it when I want to redeem another loss. For example if current NAV offer is 100PKR the redemtion is 97PKR, so I lose another 3 PKR per NAV. Just to be clear I'm not referring to any front end or backend load. I really need response over this who have done serious calculation on this.