Citizen Investment Trustनागरिक लगानी कोष

What does it do?

• “Its primary objectives are to encourage the general public to save, increase investment opportunities for economic development, manage retirement and social security programs and bring dynamism to the capital market.” nlk.org.np Home page introduction (English interface)
• “Operating social security programs like contribution-based pensions and health insurance, either independently or in collaboration with other institutions.” nlk.org.np About Us, Duties, Responsibilities, and Powers under the CIT Act, 2047 (English interface)
• Operates retirement and insurance funds, invests in securities, lends to corporate bodies and participants, and acts as debenture trustee and custodian (summary of the functions listed on the About Us page). nlk.org.np About Us (Nepali interface), काम, कर्तव्य र अधिकार

Which law set it up?

What the law says is summarised with section numbers, not quoted, because text copied from the official PDFs is not reliable.

Law

Citizens Investment Trust Act,1991नागरिक लगानी कोष ऐन, २०४७

Section

Section 3(1) (कोषको स्थापना); s.3(2) makes it an autonomous body corporate

Official text

lawcommission.gov.np

History

“The Citizen Investment Trust (CIT) was established on March 18, 1991 (2047 Chaitra 4 B.S.) under the Citizen Investment Trust Act, 1990 (2047 B.S.).” nlk.org.np Home page introduction (English interface)

Who leads it and who oversees it?

Head

Mr. Parbat Kumar Karki, Executive Director (कार्यकारी निर्देशक) nlk.org.np Checked 2026-10-16

Falls under

No official source found stating that it is under a ministry. The Act says: The Trust must keep contact with the Government of Nepal through the Ministry of Finance; the Government of Nepal may issue it orders or directions having regard to the money and capital market and investors' interests (CIT Act 2047, s.46 and s.48).

Website

nlk.org.np

What could we not establish?

• The section number for the Trust's functions was not pinned in the Act text; the functions are cited from the agency's About Us page.कोषका कामसम्बन्धी दफा नम्बर ऐनको पाठमा यकिन गरिएको छैन; कामहरू निकायको परिचय पृष्ठबाट उद्धृत गरिएका छन्।
• On the board page, 'Representative: Ministry of Finance' sits between the Chairman's entry and the next director's, so which person it belongs to is unclear; it is not recorded.सञ्चालक समितिको पृष्ठमा ‘Representative: Ministry of Finance’ अध्यक्षको प्रविष्टि र त्यसपछिका सञ्चालकको प्रविष्टिबीच छ। यो कुन व्यक्तिसँग सम्बन्धित हो भन्ने अस्पष्ट भएकाले अभिलेख गरिएको छैन।