NIT


Introduction

NIT Government Bond Fund (NIT-GBF) is an open-end sovereign income fund that primarily invests in both short-term and long-term government securities. The Fund is allowed a maximum weighted average time to maturity of 7.5 years, ensuring a balanced approach between return and risk.

Objective

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.

Daily Price

Price Valid For
04 Jun 2026

NIT-GBF

Sale

10.9420

Repurchase

10.8337

Features of NIT-GBF

  • Competitive Returns
  • No minimum holding period
  • Managed by Experienced and Professional Fund Managers
  • No penalty on withdrawal
  • Simple and Quick Encashment Process
  • Convenient E-Transaction Facility (Including Raast Platform)
  • Invests in Sovereign instruments providing low credit risk
  • Stable returns compared to other saving options

Risk Meter

Fund Facts

Fund Type

Open-End

Category

Sovereign Income

Launch Date

18th November 2009

Risk Profile

Medium

Fund Stability Rating

AA (f) (PACRA) as of 6-Sep-24

Initial Investment

Growth Units PKR 5,000/-, Income Units PKR 5,000/-

Subsequent Investments

Growth Units :PKR 1,000/- Income Units : PKR 2,500/-

Transaction Charges

Front-End Load: 1% (Varies as per policy)
Back-End Load: NIL

Management Fee

1% per annum of average annual net assets.

Pricing Mechanism

Forward Day

Benchmark

90% six (6) Months PKRV rates + 10% six (6) Months average of the highest rate on saving account of three (3) AA rated scheduled Banks as selected by MUFAP.

Risk of Principal Erosion

Principal at Medium Risk

5 Years Performance Period



Performance period NIT-GBF(%) Benchmark(%)
2020 16.04% 12.07%
2021 4.99% 7.28%
2022 9.32% 10.67%
2023 16.26% 18.14%
2024 21.86% 21.67%

Offering Documents

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Fund FMR

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Consolidated FMR

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Trust Deed

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