User:Katunje/sandbox

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute established under Citizen Investment Trust Act, 2047.This is a public enterprise with  ownership of Government of Nepal. It was established on 18th March, 1991(4th Chaitra, 2047 B.S and started its operation since 15th January, 1992 (1st Magh, 2048. It operates and manages various types of retirement fund schemes / programs as well as unit schemes and mutual fund program for both domestic and foreign investors.It encourages the general public 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.

Citizen Investment Trust has successfully completed its two and half decades challenging period with the simultaneous growth of dynamic capital market in Nepal. At present, it has been launching various types of voluntary retirement schemes (Pension funds, Gratuity funds etc.) and mandatory insurance fund programs on the basis of fully funded and individual account.At the same time, encouraging the long-term saving mobilizations by operating Employee Savings Growth Retirement Fund (ESGRF), Insurance Funds for Civil Service’s employees, Teachers, Nepal Army’s Employees, Nepal Police’s Employees, Armed Police Force’s Employees and others institutions’ employees to help the them for saving to expand fund and increase opportunities to investment along with the development of the capital market.

The head office of of the institution is at New Baneshor, Kathmandu and branch offices are at Pokhara and Biratnagar