National Investment Trust Limited Releases Audited Income Statements for Various Funds Ending June 30, 2023

Karachi, National Investment Trust Limited has published the audited income statements for multiple funds for the fiscal year ending June 30, 2023. These reports provide a comprehensive overview of the financial performance of various investment funds managed by the company. The funds covered in these reports include the National Investment (Unit) Trust Fund, NIT-Islamic Equity Fund, NIT-Government Bond Fund, NIT-Income Fund, NIT-Money Market Fund, NIT-Islamic Income Fund, NIT Pakistan Gateway Exchange Traded Fund, NIT-Asset Allocation Fund, NIT-Islamic Money Market Fund, and NIT-Social Impact Fund.

In addition to the income statements, the company has also released statements of comprehensive income for the mentioned funds. These documents offer a detailed breakdown of income, expenses, and net income for each fund, providing valuable insights for investors and stakeholders.

Key highlights from the audited income statements for the year ending June 30, 2023, include:

Dividend income, profit on bank deposits, and net unrealized diminution on re-measurement of investments.

Total income and expenses, including management company remuneration, sales tax, marketing expenses, trustee fees, and more.

Net income from operating activities and net income after taxation.

Earnings per unit and the allocation of net income for the year after taxation.

Accounting income available for distribution, including capital gains and excluding capital gains.

These reports serve as a crucial resource for investors and financial analysts to evaluate the performance and financial health of the various investment funds managed by National Investment Trust Limited.