NIT-Islamic Equity Fund gets over Rs. 3.9bn response


Karachi: The units of NIT’s newly launched, NIT Islamic Equity Fund (NIT-IEF) are available at 23 nationwide branches of NIT and the authorized banks. NIT-Islamic Equity Fund (NIT-IEF) has received overwhelming support of investors. During the Pre-IPO/IPO period the Fund has received response of over Rs. 3.9 Billion.

The New NIT Islamic Equity Fund (NIT-IEF) has been launched to cater the needs of investors looking for Shariah Compliant investment avenues in Equity market.

It is yet another manifestation of NIT for expanding its products range and investor base. NIT is Pakistan’s First & Largest Asset Management Company with assets under its management of over Rs. 96 Billion. NIT-IEF has become the fourth equity Fund under its management.

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