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National Investment Unit Trust (NIUT) is the Pakistan’s largest and oldest Mutual Fund. As on December 31st, 2019, the portfolio of NIUT Fund carries an investment of around Rs. 58.292 Billion invested in over 382 listed companies. The Fund belongs to around 47,731 unit holders. NI(U)T has been governed under the Trust Deed dated 12th November 1962, executed between National Investment Trust Ltd (NITL) as Management Company and National Bank of Pakistan as Trustee.

Recently, Central Depository Company of Pakistan Limited (CDCPL) has been appointed as the new Trustee of NIUT Fund with the approval of Regulatory Authority. The change has been finalized vide 7th supplemental Trust Deed dated 1st April, 2014 executed between National Investment Trust Limited (NITL) as Management Company and Central Depository Company of Pakistan Limited (CDCPL) as Trustee with effect from 16th May, 2014.

Consolidated Offering Document - NIUT Fund

Offering Document - NIUT Fund

1st Supplemental - Offering Document - NIUT Fund

2nd Supplemental - Offering Document - NIUT Fund

3rd Supplemental - Offering Document - NIUT Fund

Trust Deed-NIUT Fund

1st Supplemental Trust Deed-NIUT Fund

2nd Supplemental Trust Deed-NIUT Fund

3rd Supplemental Trust Deed-NIUT Fund

4th Supplemental Trust Deed-NIUT Fund

5th Supplemental Trust Deed-NIUT Fund

6th Supplemental Trust Deed-NIUT Fund

7th Supplemental Trust Deed-NIUT Fund

8th Supplemental Trust Deed-NIUT Fund

Investment objective & strategy

The core objective of NIT is to maximize returns for Unit holders, provide a regular stream of current income through dividends, while long term growth is achieved by the management of diversified portfolio and investments into growth and high yielding equity securities.

It is an Open End Equity Fund and may invest in stocks listed on any stock exchange in Pakistan.


Fund Manager Report


Price/NAV History

Risk disclosure

All Investments in Mutual Funds and Securities are subject to Market Risks. Our target return/dividend range cannot be guaranteed. NIT's unit price is neither guaranteed nor administered/managed. It is based on Net Asset Value (NAV) and the NAV of NIT Units may go up or down depending upon the factors and forces affecting the Stock Market. Past performance is not indicative of future results.