Citizen Investment Trust

Citizen Investment Trust

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
General
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Details

Legal residence:Nepal
Organization type:Government agency
Funding agencies:Other
Other
Sectors:Public Administration
Public Administration
Sanctions:Check now
Status:
Active

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About

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B.S) as an autonomous body. Formally it has been operating its activities since 15th January, 1992 (1st Magh, 2048. It operates and manages various types of retirement schemes / programs as well as various unit schemes and mutual fund program for both domestic and foreign investors to encourage the people for saving in order to expand fund and increase the investment opportunities along with the dynamic development of the capital market to contribute economic development of the nation.

 

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