Citibank Mutual Fund Charges

Hi Sir I am planning to invest my money in Citibank for Mutual Fund so tell me are there any charges for it?

[Shaleen]

As you want to know about charges but I am telling you that some types of mutual funds may charge a fee at liquidation but all are not.


Unique Advantages of Mutual Funds:

Diversification
Potential Growth
Liquidity
Convenience
Variety

Reasons to invest your money in Mutual Funds distributed by Citibank:

Professionally managed for optimal performance
Diversified to significantly lower your risk
Assistance from certified Investment/Wealth Counselors

There are many different types of funds are available for your benefit.

Types of Funds:

Stock Funds
Bond Funds
Hybrid Funds
Asset Allocation Funds
International and Global Funds
Money Market Funds

I am providing you a procedure to invest in Mutual funds distributed by Citibank if you are a Citibank Customer.


Firstly go to the official website of Citibank and login to the Citibank Online. Then this type of page will show.




And then enter your User Id and Internet Password.
Click on the INVESTMENTS link on the top tab.
Then on the account summary page, click on SUBSCRIPTION.

I want to know about the Citibank Mutual Fund as well as Citibank n.a. Investments transaction fee grid. So here can you provide me information about it?

[Quick Sam]

Here I wanna tell you some thing about the Citibank Mutual Fund as well as Citibank n.a. Investments transaction fee grid as you want.

Mutual Fund;

Mutual Fund is a mechanism for pooling the resources by issuing units to the investors and investing funds

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.


you need to do is make a redemption request on Citibank Online or call 24x7 CitiPhone.


Here I am giving you information for Citibank n.a. Investments transaction fee grid.


CITIBANK N.A. INVESTMENTS TRANSACTION FEE GRID
SUBSCRIPTION/SIP (SYSTEMATIC INVESTMENT PLAN)
Here I am telling you only some information , for more information you have to visit on below file

Amount in INR
Transaction Fee**
SUBSCRIPTION
Transaction Fee**
SIP
Equity
20,000 and below

Above 20,000 and below 2 Crores
2 Crores and aboveand below 5 Crores
5 Crores and above.
Equity Arbitrage Funds

Equity ELSS Funds
Debt
MIP
20,000 and below
Above 20,000


Liquid
Fund of Funds of ETF* (FOFE)
/Multi
20,000 and below
Above 20,000

Citibank n.a. Investments transaction fee grid

For six MF SIP each of Rs 5,000/- (totalling Rs 30,000/- per month) what will be EXACT charges applicable from Citibank?