Pakistan’s First Social Impact Fund (NIT-SIF) was launched by National Investment Trust Limited (NITL) to promote social improvement in the country by diversifying its portfolio and making it more relevant to its customers.
The NIT-Initial SIF’s Public Offering is an open-end Micro Finance Sector Income Fund Scheme that will channel impact investors’ funds to leverage the strengths of the Micro-Finance Sector’s rated asset pool to maximize double bottom-line financial returns and catalyze a financially sustainable social impact. It will take place from May 11 to 13.
The Micro-Finance Sector-Specific Fund will be primarily dedicated to financing strategic and financially sustainable social initiatives such as women empowerment, agriculture value chains, MSME development, low-cost renewable energy, and low-cost housing schemes through microfinance banks/institutions and any other financial institution’s instrument with the same goal.
With the addition of the NIT Social Impact Fund (NIT-SIF), NITL now has 14 funds in its portfolio, demonstrating its commitment to diversifying its portfolio and expanding the mutual fund options available to retail investors.
NITL even has a digital app on the Android Play Store and the iOS app store, as well as a strong nationwide distribution network that includes 27 Online Branches, an Investors’ Facilitation Center, and a customer service contact center to assist its unitholders of over 53,000.
