Monthly Distribution of National Investment Unit Trust.
Karachi -- National Investment Unit Trust informed Pakistan Stock Exchange that Chief Executive on behalf of the Board of Directors of the Company has approved Monthly Distribution of NIT-Money Market Fund for the year ending June 30, 2020.
The announcement is available at:
https://dps.psx.com.pk/download/attachment/145361-1.pdf
National Investment Unit Trust (NIUT) is the Pakistan's largest and oldest Mutual Fund. The portfolio of NIUT Fund carries an investment of around Rs. 63.581 Billion invested in over 389 listed companies as on March 31, 2016. The Fund belongs to around 48,376 unit holders.
The National Investment Trust Limited (NITL) is the first Asset Management Company of Pakistan, formed in 1962 had Funds under management of approximately Rs. 88 billion...
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