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Trust, at the same time is encouraging the long-term saving mobilizations by
operating Employee Savings Growth Retirement Fund (ESGRF), Insurance Funds for
Civil Service employees, Teachers, Nepal Army Employees, Nepal Police Employees,
Armed Police Force Employees and other institute’s employees to help the depositors
for saving to expand fund and increase opportunities to investment along with the
development of the capital market.
The head office of Citizen Investment Trust is at Newbaneshor, Kathmandu and
branch offices are at Pokhara and Biratnager.
Functions of Citizen Investment Trust
A. Saving Mobilization Function :
Under this function Citizen Investment Trust operates different kinds of retirement
schemes such as Gratuity funds, Nepal Government Employees Insurance Funds,
Teacher’s Insurance Funds, Employees Saving Growth Retirement Funds, Pension
Funds. Besides this, it operates various unit and mutual fund schemes to both
domestic and foreign investors and it also operates Investor’s Account scheme.
B. Investment / Financing :
Citizen Investment Trust performs investment and financing functions for capital
mobilization. Under this, it invests in corporate shares, debentures and government
securities and provides credit for purchasing shares.
C. Capital Market Services :
In addition to its regular functions Citizen Investment Trust performs the capital
market functions which covers the trustee services and corporate finance service.
Under trustee service custodian services debenture trustee services are provided
whereas market making of corporate and government securities, public issue
management and consultancy services are rendered under corporate finance service
Objectives of Citizen Investment Trust are as follows :
1. To attract Nepali citizens residing in the country and abroad towards the
programs offered by the Citizens Investment Trust.
2. To operate Citizen Investment Trust’s additional programs related to social
security.
3. To invest in prioritized sectors. (Hydropower, infrastructure development,
productive sector, tourism and export promotion, capital market instrument)
4. To invest Citizen Investment Trust’s funds in sectors having minimum risks.
5. To play the role of market maker and sales and issue manager.
6. To make instruments of capital market service more effective.
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