NIT


Introduction

NITL, in its commitment to cater to a wide spectrum of investors launched NIT Income Fund (NIT-IF) under the Fixed Income category. This is an open-end income fund designed to offer consistent returns with a moderate risk profile by investing in a diversified portfolio on fixed income securities. .

Objective

The objective of NIT Income Fund is to generate competitive stream of return with moderate level of risk for its unit holders, by investing primarily in fixed income Securities/instruments.

Daily Price

Price Valid For
04 Jun 2026

NIT-IF

Sale

11.3650

Repurchase

11.2525

Features of NIT-IF

  • Optimal Returns with a diversified portfolio
  • No minimum holding period
  • Managed by Experienced Fund Managers
  • No penalty on withdrawal
  • Easy encashment
  • E-Transaction Facility (Including Raast Platform)

Risk Meter

Fund Facts

Fund Type

Open-End

Category

Income

Launch Date

19th November 2010

Risk Profile

Medium

Risk of Principal Erosion

Principal at Medium Risk

Fund Stability Rating

AA- (f) as of 6th september 2024

Initial Investment

Growth Units : PKR 5,000
Income Units: PKR 100,000

Subsequent Investment

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

Transaction Charges

Front-End Load: 1%
Back-End Load: NIL

Management Fee

1.10% per annum of average annual net assets

Pricing Mechanism

Forward Day

Benchmark

75% six (6) months KIBOR + 25% six (6) months average of highest rates on saving account of three (3) AA rated scheduled Banks as selected by MUFAP

5 Years Performance Period



Performance period NIT-IF(%) Benchmark(%)
2020 12.58% 12.22%
2021 6.37% 7.43%
2022 10.64% 10.81%
2023 17.10% 18.33%
2024 22.20% 21.88%

Offering Documents

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Fund FMR

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Consolidated FMR

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Trust Deed

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