What do you ask for the most when you invest? Capital growth, regular income or capital protection? You may find a perfect investment option with Mutual Funds distributed by Citibank for all three. They're hand-picked by veteran investment specialists, and vetted by our experts. Benefit from a choice backed by professional know-how.
Top reasons to invest in Mutual Funds and SIPs distributed by Citibank®
- Professionally managed for optimal performance
- Diversified to significantly lower your risk
- Assistance from certified Investment/Wealth Specialists
Features of Mutual Funds and SIPs
Whether a learner or a regular at investing, you can benefit from the knowledge and expertise of a professional. When you invest in Mutual Funds distributed by Citibank, you enjoy the advantage of our extensive research, and a rigorous selection process. That's not all. Consider the many benefits of investing in Mutual Funds with us today.
Invest in Mutual Funds and SIPs with Citibank and get:
Benefit from expert management of your money by qualified professionals. Enjoy the advantage of having the funds you invest in continuously monitored. They remain under non-stop performance and performance analysis by seasoned research teams. This regular and continuous process adds value to your investment—the reason why your investments fare better when managed by an investment professional.
Lower your risk of loss by having your investment spread across various industries and geographic regions. This investment concept is called diversification. It is an extremely rare possibility for all your investments to decline at the same time and in the same proportion.
Mutual Funds offer a variety of schemes that will suit your needs over a lifetime. When you enter a new stage in your life, all you need to do is rearrange your portfolio to suit your altered lifestyle.
You can start investing with as little as Rs1,000*. You can invest that amount in our Systematic Investment Plan (SIP) on a regular basis.
*Subject to requirements of the Asset Management Company (AMC).
With open-end funds, you can redeem all or part of your investment any time you wish and receive the current value of your investment. In addition, the process is standardised, making it quick and efficient so that you can get your cash in hand as soon as possible.
The performance of a Mutual Fund is reviewed by various publications and rating agencies, making it easy for investors to compare one fund to another. As a unit holder, you are provided with regular updates, for example daily NAVs, as well as information on the fund's holdings and the fund manager's strategy.
All Mutual Funds are required to register with Securities Exchange Board of India (SEBI). They are obliged to follow strict regulations designed to protect investors. All operations are also regularly monitored by the SEBI.
Benefits of Mutual Funds and SIPs
Get the Citibank Investment Expertise Edge
Certified Investment Specialists
Benefit from the expertise of specially trained and certified Investment/Wealth Specialists who evaluate the investment options available and offer you the ones that are best suited to your needs.
24x7 Access To Your Account
24x7 access to CitiPhone and Citibank Online access. Use Citibank Online to view your account and transact conveniently from anywhere, anytime.*
*While placing an order, the NAV of the fund is captured basis the cut-off time for different fund types.
Consolidated Portfolio Statement
The Consolidated Portfolio Statement reflects holdings across Mutual Fund schemes, and is sent on a monthly basis.
World-class Assistance with Financial Goal Planning
Gain from Citibank's online Financial Goal Planner. It works on extremely intuitive technology to offer you insightful results. Of course, it's easy-to-use.
To view the Key Information Memorandum (KIM), Scheme Information Document (SID), Statement Of Additional Information (SAI), Factsheet for all Mutual Fund Schemes being offered, Click Here.
Systematic Investment Plans (SIP)
Achieve your financial goals more easily through systematic saving and simultaneous participation on the financial markets.
Top reasons to invest in an SIP
- Helps you develop a disciplined approach to savings
- You choose how much and for how long to save
- Get big benefits for small installments
- Start with as low as Rs1,000 per month
A Systematic Investment Plan (SIP) builds a habit of regular saving. It also helps avoid some common investor mistakes like unrealistic optimism, underestimating one's time horizon, misaligning investment objectives and portfolio strategy, over-enthusiastic trading or trying to time the market. Every single one of these errors can result in heartburn and a loss of your money.
The benefits of a Systematic Investment Plan
Volatility indicates sharp movement in market indices and is characterized by periods when prices move quickly and/or by large amount between gains or losses. It can be often viewed as negative i.e. it represents risk. Averaging is one of the ways to shield your money from volatility.
"Averaging" means investing a fixed amount of money at regular intervals, irrespective of market conditions. It enables you to buy less when prices are high and buy more when prices are low. It is therefore suggested to invest as regularly as possible, without being unduly influenced by news, popular opinions or events.
The Power of Compounding
Power of compounding works on the principle of building wealth through reinvesting rather than spending the profits. By doing that, you can capture the future returns on your reinvested profits as well as on your original investments. When you choose the power of compounding, you choose a way to accumulate wealth better.
The Power of Rupee Cost Averaging
In a volatile market, regular investment helps get you better cost per unit than lump sum buys. By investing fixed sums at regular intervals, you pick up more units when the prices are low and less units when the prices are high. This brings down the average cost of your units. Therefore there is no need to time the markets as you invest at predetermined intervals. Once you have chosen the fund, aim for a better average cost. That's easier than trying to buy at the lowest price.
The table below illustrates the benefit of Rupee Cost Averaging. It compares two investments for a period of 12 months, one through SIP and the other in lump sum.
|Lump Sum Investment
|Units Purchased thru SIP*
|Units Purchased Lump Sum
This example uses assumed figures and is for illustrative purpose only. *Fractional units rounded-up to the nearest number.
Small or big, the right time to start investing is always right now. To start with a Citibank SIP, you can meet a Citibank Investment Specialists at your nearest Citibank branch. For more information, please read the FAQs page.
FAQs on Mutual Funds and SIPs
Click on to expand and on to minimize the details.
Saving generally refers to putting money in an interest-bearing account such as a savings account, checking account or certificate of deposit administered by a bank and insured against failure of the banking institution by Deposit Insurance and Credit Guarantee Corporation (DICGC) up to the maximum allowed by law.
Investing, unlike saving, can entail significant risk, and is not insured by DICGC. When you invest, you risk the potential loss of some or all of your money. Investors hope to generate higher returns on invested funds than on savings account deposits because they are taking a greater risk with their investment money. This is the concept behind the trade-off between risk and potential reward. Higher-risk investments have greater potential to pay higher returns, but they are also more likely to result in losses.
Mutual Fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.
Investments in Mutual Funds are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Mutual Fund issues units to the investors in accordance with quantum of money invested by them. Investors of Mutual Funds are known as unitholders.
The profits or losses are shared by the investors in proportion to their investments. The Mutual Funds normally come out with a number of schemes with different investment objectives, which are launched from time to time. A Mutual Fund is required to be registered with Securities and Exchange Board of India (SEBI), which regulates securities markets before it can collect funds from the public.
These days between work, family, and friends, most of us do not have the time to make or monitor personal investment decisions on a regular basis. Mutual Funds have qualified professionals who do all this for you. This is the reason why, the world over, they have become the most popular means of investing.
Mutual Funds minimize risk by creating a diversified portfolio while providing the necessary liquidity. Additionally, you benefit from the convenience of not having to bother with too much paperwork or repeat transactions. It is our belief that investors differ in their investment needs based on their personal financial goals.
Such as equity funds and stocks as a good choice for funding needs that are five years or more away, income funds to meet medium-term needs and liquid funds for short-term requirements.
It's very simple - all you need to do is make a redemption request on Citibank Online or call 24x7 CitiPhone.
The redemption price per unit is the Net Asset Value (NAV) per unit on the relevant day, without any savings.
Yes. Most Mutual Funds and publicly traded stocks are listed in the business section of your local newspaper or in financial publications such as the Economic Times. Mutual Funds are listed in a separate section and are categorised by the stock exchange on which they trade (e.g. the BSE Sensex).
Unitholders will have an option to switch all or part of their investment in one fund to another which is available for investment at that time.
To process a switch, a unitholder must provide clear instructions. Such instructions may be provided through your account via Citibank Online or by visiting your nearest Citibank branch. For assistance, speak with your Investment Counsellor.
As part of it's Investor Education Program, Securities and Exchange Board of India (SEBI) provides in-depth information on Mutual Funds on its website. To visit the relevant page, click here.
Systematic Investment Plan
Systematic Investment Plan (SIP) is a popular investment strategy available to salaried or regular income group investors among others. Instead of making one lump sum investment, you put in a fixed sum of money each month, over a period of time. You decide the monthly investment amount and the time span of this investment. This system does away with the need to time the market making it attractive for investors. With Citibank, you can invest as little as Rs1,000 a month.
It is necessary to remember that a SIP is not a type of Mutual Fund. It is a method of investing in a
Mutual Fund—an incremental and on-going investment strategy you can adopt to minimize risk while participating in the financial markets.
By opting to invest every month, you invest in a disciplined manner. This results in a disciplined approach to savings. As this is a monthly exercise, you tend to plan your expenditure accordingly.
The SIP reduces the average purchase cost even in volatile stock markets with relative ease. When you invest a fixed amount every month, the number of Mutual Fund units you actually buy depends on their market price. Therefore, with the money you invest each month, you can buy fewer units when the market moves up and more units when the market moves down. This brings down and averages the price of purchase. Over time, your chances of making a profit are much higher when compared to a one-time investment.
Mutual Fund investments are managed by qualified and experienced professionals who have the expertise of investment techniques, backed by dedicated investment research teams.
An entry or exit load is a fee you pay the fund when you buy or sell the units.
An exit load may be charged if you stop the SIP mid-way. These conditions will vary between Mutual Funds.
Let's say you have invested in the SIP option of a diversified Equity Fund.
If you sell the units after a year of buying, you pay no capital gains tax. If you sell it before a year, you pay capital gains tax of 15%.
Let's say you invest through a SIP for 12 months: January to December 2013. Now, in February 2014, you want to sell some units.
The system of first-in, first-out applies here. So, the amount you invest in January 2013 and the units you bought with that money will be regarded as the units you sell in February 2014. For tax purposes, the units that you sell first will be considered as the first units bought.
You can participate in the Systematic Investment Plan (SIP) of Citibank Funds by investing a minimum of Rs1,000 or more either on a monthly or quarterly basis. We will add units to your account (subject to funds availability in your account) at the prices prevailing either on the X or the Y (date of month) as may be applicable. You would receive a statement of account for each such transaction.
First, you need to open an Investment Services Account with Citibank. Post account opening, and your mandatory KYC details verification, you can pick up a Common Transaction Form (CTF) from any of our branches. Fill the form and deliver it to the nearest Citibank branch. We will set up SIP and your Account will automatically get debited each month for the amount specified by you for investment into funds you have chosen.
Existing investors of Citibank Mutual Funds keen to start with a SIP can do so for fundhouses with which they already have holdings. To set up a SIP for a fresh fund you need to complete the Investment Common Transaction Form (CTF) and submit it to the nearest branch.
The price of purchase of the units is the NAV on day of the execution.*
*Based on cut-off times for different fund types.
As per Income Tax guidelines, it is mandatory to link your PAN with Aadhaar before June 30th, 2023. Please do so by visiting the Income Tax website. Post June 30th, 2023, your transactions are liable to be rejected by the Asset Management Companies if your PAN and Aadhaar are not linked.
Invest in Mutual funds and SIPs distributed by Citi if you hold an Investment Services account with Citi
- Login to Citibank Online
- Click on INVESTMENTS in top tab
- Select Mutual Funds Account Number
- Click on BUY MUTUAL FUNDS
- Login to Citi Mobile app
- Click on INVESTMENTS tab
- On the account summary page, click on TRANSACT NOW
- Click on BUY MUTUAL FUNDS
Investments on Mobile*
*Please note that you will be able to execute only incremental transactions to a fund house on Citibank Online and Mobile
**Please note that you will only be able to execute transactions to a fund house in which you already have holdings
Existing Citi CASA holders can begin to invest in Mutual Funds with Citi in few easy steps:
- Submit an Investment Services Account Opening form by submitting a simple form to the nearest Citibank branch. The form is available here.
- Complete your KYC by submitting a KYC form that ensures you are KYC compliant for investment transactions, to the nearest Citibank branch. The form is available here.
- Once your account is opened, you can update your Investment Risk Profile on Citibank Online. You can also do so by completing the Risk Profile Questionnaire and submitting it at the nearest Citibank branch. The form is available here.
- You are now ready to invest via Citi!
Citibank, N.A. provides investment services as a Distributor of third party Investment products (shortly referred as ‘investment products’). Citibank N.A. does NOT provide investment advisory services in any manner or form. Investment products do not pertain to Citibank. Investment Products(i) are not bank deposits or obligations of or guaranteed by Citibank, N.A. Citigroup, Inc or any of its affiliates or subsidiaries; (ii) are not insured by any governmental agency and (iii) are subject to investment risks, including the possible loss of the principal amount invested. Past performance is not indicative of future results, prices/invested sum is subject to market risks which may result in appreciation or depreciation. The ownership of any investment decision(s) shall exclusively vest with the Investor after analyzing all possible risk factors and by exercise of his/her/its independent discretion and Citibank N.A shall not be liable or held liable for any consequences thereof. Purchase of Mutual Funds by customer is purely voluntary and not linked to availment of any other facility from the Bank.
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