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National Investment Trust Limited (NIT) is the oldest and largest Asset Management Company in Pakistan, established in 1962, under the sponsorship of the Govt. of Pakistan. Presently, NIT is managing following four Funds with net assets under management of over Rs. 87 billion catering the needs of around 56,000 unit holders:


  • NI(U)T
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  • NI(U)T LOC
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  • NIT - State Enterprise Fund (SEF)
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  • NIT - Equity Market Opportunity Fund (EMOF)
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    NIT GBF is an open-end Income Fund constituted through a Trust Deed dated September 04, 2009 executed between National Investment Trust Limited (NITL) being an Asset Management Company and Central Depository Company of Pakistan Limited (CDC) being Trustee to the Fund. The Fund primarily invest in securities where the issuer is Government of Pakistan
    All existing Funds of NIT falls under “Equity Funds” category while NIT GBF is an Income Fund, which will make investments primarily in Government Securities
    The objective of NIT Government Bond Fund is to generate best possible return with minimum risk, for its Unit Holders, by investing primarily in the Government Securities
    Following are the significant benefits of investing in NIT GBF:

  • Major investments in securities issued by the Government of Pakistan
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  • Competitive returns
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  • Competitive returns
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  • Exposure in Government Securities
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  • Low risk
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  • Professional management
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  • Tax benefits as per applicable laws
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  • Highly liquid
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  • Minimum investment of Rs. 5,000
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  • Qualify as collateral for availing bank financing
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    The performance of NIT GBP would be compared against the benchmark based on 70% average of weighted average yields of 6 months T-Bills auctions held during the period and, 30% of average of most recently published 1 month deposit rates of “A” and above rated schedule banks
    Yes. There are two types of units:

  • Growth Units
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  • Income units
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    Growth Units:
    The Unit value grows in line with the growth in the NAV, and the Unit Holders shall have the option to receive distribution income in the form of cash or to reinvest dividend, in case of cash distribution. However, in case of declaration in the form of Bonus, investor will be entitled to bonus units

    Income Units:
    The Unit Holders, based on their own consent & instructions and with prior intimation to the Management Company, may exercise the option of redeeming a certain number of Units for fulfilling their requirement of a certain cash amount at Regular Intervals (i.e. monthly, quarterly, semi- annually or annually). Such instructions shall be given in writing at the beginning of any Regular Interval or at the time of purchase of Units

    Income Units fall under further two categories

  • Flexible Income Units
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  • Fixed Income Units
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    Flexible Income Units – The Flexible Income Unit Holders shall, at the time of purchase or beginning of a Regular Interval, authorize the Management Company to decide the quantum of part redemption of their unit holdings at the end of every Regular Interval based on the performance (NAV growth) of the Fund during that Regular Interval.

    Fixed Income Units – The Fixed Income Unit Holders shall, at the time of purchase or beginning of a Regular Interval, specify a fixed cash amount required by them at Regular Intervals and authorize the Management Company to redeem (at the prevailing NAV) such number of units from their holding that in rupee terms is equivalent to the specified fixed amount required at the end of every Regular Interval
    The fund is suitable for those investors who are looking for competitive returns with minimum risk and high liquidity
    Procedure for investing in NIT GBF is very simple. Fill-in the prescribed Form and submit it along with payment instrument drawn in favor of “CDC-Trustee NIT Government Bond Fund” and necessary documents at your nearest NIT Branch
    Registration and Investment Forms are available at NIT’s website www.nit.com.pk . You can also get these forms from Registered Office or any nearest branch of NIT
    All individual and institutional investors are eligible for investment in NIT GBF
    A Front End Load of 1% of NAV is applicable at the time of Purchase. However, no Back End load would be charged at the time of Exit
    Forward Day pricing based on daily Net Asset Value (NAV)
    Investor can open an account with minimum amount as low as Rs. 5,000/. However, different classes of units required different amount of initial and subsequent investment
    No. There is no upper limit of investment both for individual and institutional investors
    NIT GBF will invest 70% of its funds in securities issued by the Government of Pakistan to reduce the risk to minimum level
    Yes. All tax benefits available to other Mutual Funds are also available to NIT GBF
    Process for redemption of units is quite simple. Just fill in the prescribed Form and submit the same along with required documents (if any) to respective branch of NIT
    Offering Document can be downloaded from NIT’s website www.nit.com.pk or it can be inspected at the registered office of NIT or CDC or any branch of NIT
    CRS – Client Reporting System is a service for NIT’s unit holders to view their account statement under NI(U)T Fund, NIT Government Bond Fund and NIT Income Fund through NIT’s website.
    An existing individual or institutional unit holder having investment in any of NIT managed funds can subscribe for this service.
    Fill in the NIT-CRS form along with contact details, sign as per account operating instructions and submit it at your concerned branch. NIT-CRS Form, is available at NIT Branches or you can download it from NIT’s website.
    You can see an updated status of your account from any computer having internet connection and browser (IE v.6 or above.).
    No. This service is free of charge.
    Visit www.nit.com.pk and follow the link to Unit Holder Login.
    Check your login ID and password or contact NIT on This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call (+92-21) 111-648-648 for technical support.
    Submit a written request to your concerned branch duly signed as per account operating instructions. You will be intimated in writing with an update password within 5 working days.
    At present, the CRS facility can be used to access account statement, only. Before use please read carefully terms and conditions on CRS form available in Download section of at Investor Forms on NIT’s website.