Briefing to LSE members on new NIT income fund

Briefing to LSE members on new NIT income fund
Updated on

Summary

A briefing was given to the members of Lahore Stock Exchange on National Investment Trust (NIT) income fund.The Income fund would be open for investors during the mid of next month. At present Rs 87 billion has been invested in 5 funds belonging to NIT. 56000 investors are being benefitted from NIT. It was also informed that an initial investment of Rs 1 Billion is expected in the new fund and Central Depository Company would provide guarantee for the new fund.
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