Citizen Investment Trust (Nagarik Lagani Kosh) was incorporated in March 18, 1991(Chaitra 4, 2047 B.S.) under the Citizen Investment Trust Act. 1990. CIT formally started its activities since January 15,1992 (Magh 1, 2048 B.S.). The Trust has been functioning on the basis of the Citizen Investment Trust management By-Laws, 1991 which was prepared under the Citizen Investment Trust Act, 1990. It is only an organization which is actively being operated as an "Investment Trust" through the kingdom of Nepal. A pioneer intuition in carrying out the Unit trust schemes and various kinds of voluntary retirement schemes (Pension funds, Gratuity funds etc) on the basis of fully funded and individual account.