Karachi: National Investment Trust Limited (NITL) – the pioneer of Mutual Fund Industry in Pakistan has completed 55 years of its existence. NIT celebrated this auspicious occasion by holding a cake cutting ceremony at its Head Office Karachi.
NIT is a highly respected and well-known brand in the Mutual Fund Industry of Pakistan. Presently, NITL is managing eight Mutual Funds and two Pension Fund Schemes with total net assets under management of PKR 100 billion and catering the needs of around 54,500 unitholders through its network of 23 branches, Sarmayakari Markaz in Abbottabad, state of the art Investors Facilitation Center and authorized branches of various banks spread across the country.
On this occasion, Mr. Manzoor Ahmed – Managing Director, National Investment Trust said that during this period of 55 years, NIT successfully served its investors by protecting their interests and paying them good returns.
He also stated that NIT is one of the few institutions who have played a significant role in the development of Capital Markets and Mutual Fund Industry in Pakistan and would, Insha Allah, continue to play its role in future as well.