NITL to launch two new funds

News Image

MG News | August 26, 2021 at 02:51 PM GMT+05:00

August 26, 2021: Pakistan’s First Asset Management Company, National Investment Trust Limited (NITL) is in the process of launching two new funds, NIT – Social Impact Fund (NIT-SIF) and NIT- Islamic Money Market Fund (NIT-IMMF).

To introduce the new funds and discussing NIT’s performance, MD NITL - Mr. Adnan Afridi met the MD of Fauji Foundation Mr. Waqar Ahmed Malik in Islamabad.

MD Fauji Foundation commended the performance of NITL under the management of Adnan Afridi. He also applauded the effort of MD NITL for launching Pakistan’s First Social Impact Fund which will be dedicated to financing strategic and financially sustainable social initiatives such as women empowerment, agriculture value chains, Low-cost renewable energy, etc.

The addition of NIT-SIF and NIT-IMMF is an attempt to expand NIT’s suite of products, with a dedication to cater to the needs of its existing and potential customers.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 177,692.92
292.03M
-0.44%
-778.95
ALLSHR 107,527.40
755.35M
-0.21%
-222.76
KSE30 53,022.89
136.49M
-0.33%
-177.32
KMI30 254,789.27
135.36M
-0.08%
-207.69
KMIALLSHR 69,937.14
438.67M
-0.02%
-16.42
BKTi 47,966.64
21.05M
-1.22%
-591.93
OGTi 36,833.67
15.21M
0.60%
217.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,550.00 64,365.00
61,890.00
-1900.00
-2.95%
BRENT CRUDE 76.98 78.23
76.43
-0.92
-1.18%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 125.90 125.90
125.90
-0.15
-0.12%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 73.11 74.45
72.48
-0.75
-1.02%
SUGAR #11 WORLD 13.98 14.03
13.75
0.14
1.01%

Chart of the Day


Latest News
June 23, 2026 at 08:01 PM GMT+05:00

SBP raises Rs1.2tr in MTB Auction


June 23, 2026 at 06:00 PM GMT+05:00

Money supply approaches Rs49tr in May


June 23, 2026 at 06:00 PM GMT+05:00

SpaceX loses $600bn in three-day rout



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg