How to apply for a Mutual Fund with Citi
If your knowledge of mutual funds begins and ends with the disclaimer: "Mutual fund investments are subject to market risks. Please read the offer document carefully before investing", you have come to the right place.
Brush up on mutual funds basics and achieve your financial objectives more easily through systematic saving and simultaneous participation in the financial markets.
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What is a Mutual Fund?
A Mutual Fund is simply a way to pool resources by issuing units to investors and investing funds in securities as disclosed in the offer document. These investments are spread across a wide cross-section of industries and sectors to reduce the risk involved. The investors are known as unitholders. The profits or losses shared by them are in proportion to their investments.Mutual Funds normally come out with a number of schemes with different investment objectives, launched from time to time. A Mutual Fund has to be registered with Securities and Exchange Board of India (SEBI) that regulates securities markets, before it can collect funds from the public.
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Why should I invest in Mutual Funds distributed by Citi?
Citibank is one of the largest financial services providers in the world, based in New York, USA. With offices in over 160 countries and territories, today it provides investment management to clients all over the world. It is our belief that investors differ in their investment needs based on their personal financial objectives. It is recommended that you should, at the very beginning, identify your own financial needs, be it saving for a comfortable retired life or children's education. After defining the financial objectives, you need to save for them in an organised manner and look at investments that help achieve these objectives. Citibank distributes a wide range of Mutual funds that can help you achieve your investment objectives.
Here are the top reasons to invest in Mutual Funds distributed by Citibank:
- Hand-picked by experts – 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 Citi, you enjoy the advantage of our extensive research, and a rigorous selection process.
- Professionally managed for optimal performance – Enjoy the advantage of having the funds you invest in, continuously monitored.
- Diversified to significantly lower your risk – Have your investment spread across various industries and geographic regions. This is intelligent investing as it is an extremely rare possibility for all your investments to decline at the same time and in the same proportion.
- 24x7 access to Citi Mobile App and Citibank Online – View your account and transact conveniently from anywhere, anytime.* Contact CitiPhone for emergencies.
- CitiChoice – Citi recommended funds shortlisted via specific quantitative and qualitative methods in line with the various risk profiles.
*While placing an order, the NAV of the fund is captured basis the cut-off time for different fund types.
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How can I apply for a Mutual Fund distributed by Citi?
You can invest in Mutual funds distributed by Citi if you hold an Investment Services account with Citi.
Channels –
Citibank Online*
- Log on to Citibank Online
- Click on INVESTMENTS in top tab
- Select Mutual Funds Account Number
- Click on BUY MUTUAL FUNDS
Citi Mobile App
- Login to Citi Mobile App > Click on ‘Easy investing’ tab > Click on ‘Explore Funds’
- Click on any one of the ‘Equity’, Debt’, ‘Liquid’ or ‘ELSS’ sections to view CitiChoice funds shortlisted for your risk appetite. You can also select ‘All Mutual Funds’ to view all funds.
- Select any fund of your choice and click on ‘Invest Now’
- Choose between ‘SIP’ or ‘Lump-sum’ to start investing
Existing Citi CASA holders can begin to invest with Citi in few easy steps:
- Log into Citi Mobile App > Click on ‘Easy investing’ tab to open the introduction screen
- Click on ‘Start Now’ to open your account and start investing in 3 steps
- Step 1: Enter basic information on the next screen and tick 3 checkboxes to proceed
- Step 2: Enter OTP on next screen and confirm. Congratulations! Your ISA is now open. You can note down the account number
- Step 3: Proceed and complete your Risk Profile.
- Once completed, you can start investing by clicking on ‘Explore Funds’ tab and selecting a fund
- You are now ready to invest via Citi!
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How to invest with Citi if you do not hold a CASA account with Citi yet?
To invest with us, you will need a Citibank Savings Account. Opening a savings account with us is a quick and easy process. You can start by visiting your nearest branch and choosing an account that suits your purpose.