Introduction
The National Investment Unit Trust (NIUT) is the Pakistan’s largest and oldest Mutual Fund. As on June 30, 2012, NIUT had funds under management of around Rs. 41.487 billion invested in over 425 listed companies and had approximately 54,218 unit holders. NITL's distribution network comprises of 22 NIT branches, various Authorized bank branches all over Pakistan and Arab Emirates Investment Bank (AEIB) in Dubai (UAE). The Trust constituted under the Trust Deed dated 12th November 1962, executed between National Investment Trust Ltd (NITL) as Management Company and National Bank of Pakistan as Trustee.
Investment objective & strategy
The core objective of NIT is to maximize returns for Unit holders, provide a regular stream of current income through dividends, while long term growth is achieved by the management of diversified portfolio and investments into growth and high yielding equity securities.
It is an Open End Equity Fund and may invest in stocks listed on any stock exchange in Pakistan.
Performance
Fund Manager Report
Financial
Price/NAV History
Risk disclosure
All Investments in Mutual Funds and Securities are subject to Market Risks. Our target return/dividend range cannot be guaranteed. NIT's unit price is neither guaranteed nor administered/managed. It is based on Net Asset Value (NAV) and the NAV of NIT Units may go up or down depending upon the factors and forces affecting the Stock Market. Past performance is not indicative of future results.
