KARACHI – National Investment Trust Limited has announced the results of all Funds under its management for the half year ended December 31, 2011. This was stated by the Chairman & MD of NIT Wazir Ali Khoja in a press release
NI(U)T Fund
During 1HFY12, the Fund has outperformed its benchmark by 1.23pc, whereby the Fund’s NAV decreased by 7.96pc from Rs. 28.14 (Ex-Dividend) as on 30.06.11 to Rs. 25.90 as on 31.12.11 against a decrease of 9.19pc in the benchmark KSE-100 Index. During 1HFY12, NI(U)T has registered a net profit (excluding unrealized figures) of Rs. 2,771 million compared to Rs. 2,759 million in 1HFY11. This net profit of Rs. 2,771 million earned in 1HY12 translates into an earning per unit of Rs. 2.09.
NIT-EMOF
During 1HFY12, the Fund has outperformed its benchmark by 1.94pc, whereby the Fund’s NAV decreased by 7.25pc from Rs.113.62 (Ex-Dividend) as on 30.06.11 to Rs.105.38 as on 31.12.11 against a decrease of 9.19pc in the benchmark KSE-100 Index.
NIT GBF
During the half year ending 31.12.11, the net income of NIT GBF grew by 7.2% YoY to Rs. 149 million translating into an earning per unit of Rs. 0.56 from a net income of Rs. 139 million in 1HFY11 translating into an earning per unit of 0.45.
NIT INCOME FUND
During the period under review, the net income of NIT IF grew substantially by 27.1% YoY to  Rs. 122 million translating into an earning per unit of Re. 0.64 from a net income of Rs. 96 million in 1HFY11 translating into an earning per unit of 0.48.