Citizen Investment Trust known as Nagarik Lagani Kosh established on 1999 under Citizen Investment Trust Act, 1990. CIT is only sole company that acts an investment trust.
Citizen investment Trust8
Citizen investment trust has played important role to develop capital market of Nepal. Various scheme and plan has been launched under CIT schemes. Example of those scheme are:
- ESG retirement fund Deposit.
- Citizen unit scheme.
- Investors’ Account Scheme.
- Gratuity Fund scheme
Citizen investment trust (Nagarik lagani kosh) collects deposit and distribute deposit in form of loan on easy and very reasonable rate. CIT provides sense of deposit that directly helps to increment of Nepalese Capital Market.