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Domestic Mutual Funds
 

Mutual Funds pool money of various investors to purchase a wide variety of securities while pursuing a specific goal. Selection of Securities for the purpose is done by specialists from the field. Returns generated are distributed to the Investors. At ICICI Bank NRI services, we will help you determine which types of funds you need to meet your investment goals. This may include the following types of funds:

1. Debt : Liquid schemes, Income schemes, G-sec schemes, Monthly Income Schemes etc.

2. Equity : Diversified Equity Schemes, Sector Schemes, Index Schemes etc.

3. Hybrid Funds : Balanced Schemes, Special Schemes - Pension Schemes, Child education Schemes etc.

We help you identify an appropriate mix of Mutual Fund schemes for your portfolio using asset allocation strategies. You can invest in various schemes of multiple mutual funds with decent performance record.


Why Invest ?

Professional Money Management and Research

Mutual funds are managed by professional fund managers who regularly monitor market trends and economic trends for taking investment decisions. They also have dedicated research professionals working with them who make an in depth study of the investment option to take an informed decision.
 
   

Risk Diversification

Diversification reduces risk contained in a portfolio by spreading it. It is about not putting all your eggs in one basket. As mutual funds have huge corpuses to invest in, one can be part of a large and well-diversified portfolio with very little investment.
 
   
Convenience

With features like dematerialized account statements, easy subscription and redemption processes, availability of NAVs and performance details through journals, newspapers and updates and lot more; Mutual Funds are sure a convenient way of investing.
 
   
Liquidity

One of the greatest advantages of Mutual Fund investment is liquidity. Open-ended funds provide option to redeem on demand, which is extremely beneficial especially during rising or falling Markets.
 
   
Reduction in Costs

Mutual funds have a pool of money that they have to invest. So they are often involved in buying and selling of large amounts of securities that will cost much lower than when you invest on your own.
 
   
Tax Advantages

Investment in mutual funds also enjoys several tax advantages. Dividends from Mutual Funds are tax-free in the hands of the investor (This however depends upon changes in Finance Act). Also, capital gain accrued from mutual funds investments for period of over one year is treated as long term capital appreciation and is taxed at a lower rate of 10% without benefit of indexation or 20% with benefit of indexation.
 
   
Other Advantages

Indian Mutual fund industry also presents several other benefits to the investor like: transparency - as funds have to make full disclosure of investments on a periodic basis, flexibility in terms of needs based choices, very well regulated by SEBI with very strict compliance requirements to investor friendly norms.
 

Where to Invest?

ICICI Bank has tied up with several Mutual Funds so as to provide you the convenience of Varied Investment.

You have a choice to invest with the top 17 AMCs in India offering around 300 schemes

AMC offered
• Alliance Mutual Fund • Cholamandalam Mutual Fund • DSP Merrill lynch • Deutsche
• Franklin Templeton • HDFC • HSBC • ING Vysya
• JM Financial
• Kotak mahindra • Principal • Prudential
• Reliance
• Standard Chartered • Sundram
• Tata
• Birla
     

Why Invest with us?

NRI Services offers investment in Mutual Funds through Multiple Channels. With ICICI Bank, you can invest in Mutual Funds through following channels

- India Sales Team
- ETC Team ( Email, Telephone & Chat Team)
- Wise Invest


Dedicated workforce to serve you

Across India, we have Regional Sales Managers to look after NRI Requirements and the Region has a dedicated Investment Officer. Before being deputed, our officers complete a comprehensive Knowledge Belt Certification program and, once deputed, they receive thorough instructions in financial planning skills and techniques. Throughout their careers officers also attend programs to update their skills.

To Service you, when you are abroad, we have a ETC Team ( Email, Telecalling & Chat Team ) which can help you invest in India Mutual Funds.

All officers in charge of Mutual Funds are certified professionals by AMFI (Association of Mutual Funds in India)

Many of these officers also hold professional degrees like - MBA, CA, ICWA, CFA etc.


We keep you updated

We keep our investors updated on the latest happenings in the Mutual Fund industry and the various financial markets through regular electronic updates (daily & weekly) through Emails.

 
 
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