Lucky Investments Limited has secured its second rating upgrade within a year, underscoring rapid expansion and rising investor confidence in Pakistan's asset management sector.

The upgrade to AM2++ with a stable outlook was assigned by the Pakistan Credit Rating Agency Limited, reflecting the firm's governance standards, investment discipline and risk management framework.

Since commencing operations in April 2025, Lucky Investments Limited has accumulated over Rs130bn in assets under management within ten months. The firm now holds more than 6% share in the Islamic asset management segment and around 3% of the overall industry, marking one of the fastest growth trajectories among asset managers in the country.

The company's portfolio spans eight funds across various asset classes, alongside customised investment solutions offered through separately managed accounts. Its expansion has been supported by diversified offerings and ongoing digital innovation.

The firm has also gained regional recognition, being named Emerging Islamic Finance Entity of the Year in South Asia at the 2025 Islamic Finance Forum of South Asia held in Colombo.

Management attributes the growth to sustained investor trust across both retail and institutional segments. The company says its strategy remains focused on expanding Shariah-compliant investment solutions while maintaining transparency and long-term value creation.

The upgrade highlights increasing competition and development within Pakistan's asset management industry, particularly in the Islamic finance segment.