Best-Performing Mutual Funds in Egypt (2026)

Why there is no single “best” fund

A ranking by trailing return answers one question — which fund rose most over the past twelve months — and that is a record of the past, not a property of the fund. A money market fund and an equity fund are not competing for the same place in a portfolio: they hold different instruments, carry different volatility and are used over different horizons, so ordering them against each other on a single number compares things that are not alike.

The table above is therefore sorted mechanically and grouped by category. The useful comparison is within a category — one money market fund against another — and against your own horizon and tolerance for a falling net asset value, neither of which a ranking can know.

How to read a fund’s return

Every return on this site is computed from the net asset value the fund manager publishes: the percentage change in NAV between two dates. A one-year return is the change over the trailing twelve months, not an annual rate the fund pays and not a forecast of the next twelve.

Two funds can show the same one-year number and have reached it very differently — one in a straight line, the other after a sharp fall and recovery. That is why the category, the volatility and the length of the published history matter alongside the headline figure. A fund with two years of history and a fund with fifteen are not equally well described by the same percentage.

The fund types available in Egypt, and how each behaves

Money market funds hold short-dated instruments — treasury bills, time deposits, short-term debt. They carry the lowest day-to-day variation of the categories listed here and are typically used for money held over short periods.

Fixed income funds hold debt: government bonds, treasury bills and corporate issues. Their value moves with Egyptian interest rates and with the credit quality of what they hold, so a rate move affects them even when nothing about the issuer has changed.

Equity funds invest mainly in shares listed on the Egyptian Exchange. Their net asset value moves with the market, which gives them the widest spread of outcomes in the table — both the largest gains and the largest falls.

Balanced funds hold equities and debt together in proportions set by each fund’s own mandate, so they move less than a pure equity fund and more than a money market fund.

Gold funds track the gold price through bullion or gold-linked instruments, so they follow the international gold price and the pound exchange rate rather than the local equity market.

Shariah-compliant funds follow a mandate screened against Islamic finance rules and supervised by the fund’s own Shariah board. Compliance is as declared by each manager; this site reports that declaration and does not verify it independently.

What the management fee actually costs

A management fee is charged on assets, not on profit, so it is deducted whether the fund rises or falls. It is already reflected in the published net asset value — the returns in the table are after the fee, not before it.

The arithmetic is worth seeing plainly. On a holding of EGP 100,000, a fee of 0.5% a year removes EGP 500 annually while a fee of 1.5% removes EGP 1,500 — a difference of EGP 1,000 a year on the same balance, repeated every year the money stays invested. That is an illustration of the arithmetic, not a projection of any fund’s return.

A fee only matters relative to what it buys. Comparing the fee of a money market fund with that of an equity fund tells you little; comparing two funds of the same type tells you something.

Risk, volatility and drawdown

Volatility measures how much a fund’s net asset value has varied around its own average. A higher figure means larger swings in both directions — it is a measure of variability, not of the chance of losing money.

Maximum drawdown is a different and often more useful number: the largest peak-to-trough fall the fund has actually recorded. It answers “how bad has this already been”, which is a concrete historical fact rather than a statistical abstraction.

Both describe the past. A fund that has never fallen sharply is not a fund that cannot; the record simply does not yet contain such a period.

Matching a fund to a time horizon

The horizon is the length of time the money can stay invested without being needed. It matters because the categories differ far more in how they behave over months than in how they behave over years.

Money held for a short and known period has little room to recover from a fall, which is why the lowest-variation categories are typically used for it. Money that can stay invested through a full market cycle can absorb a drawdown, which is what makes the higher-variation categories usable at all.

This site does not assess which horizon applies to you. It publishes what each fund holds, how it has behaved and what it charges, so the comparison can be made against a horizon you already know.

How subscription and redemption work

Units are bought and sold at the fund’s net asset value rather than at a price set by a market, so there is no bid-offer spread and no order book. Subscription is arranged through the bank or asset manager that offers the fund.

Each fund sets its own subscription and redemption frequency — daily, weekly or otherwise — and its own minimum subscription. Those terms decide how quickly money can be taken out, which for a short horizon can matter more than the return.

The per-fund pages on this site list the manager, the currency, the fee and the minimum where the manager publishes them, and link to the manager’s own disclosure.

Who regulates Egyptian mutual funds

Mutual funds in Egypt are licensed and supervised by the Financial Regulatory Authority (FRA). Each fund publishes a prospectus setting out its mandate, its fees and its dealing terms, and reports its net asset value on the schedule stated there.

This site is not a fund manager, a distributor or an adviser. It reproduces published figures with the date they were published and links back to the source, so anything shown here can be checked against the manager’s own disclosure.