INVESTMENTS
ICICI Bank cares about all needs. Along with Deposit products and Loan offerings, ICICI Bank assists people to manage their finances by providing various investment options ranging from ICICI Bank Tax Saving Bonds to Equity Investments through Initial Public Offers and Investment in Pure Gold. ICICI Bank facilitates following investment products:
• ICICI Bank Tax Saving Bonds
• Government of India Bonds
• Investment in Mutual Funds
• Initial Public Offers by Corporate
• Investment in "Pure Gold"
Customers can invest in above products through any of ICICI bank branches. For select products ICICI Bank also provides the ease of investing through electronic channels like ATMs and Internet (ICICIdirect.com)
ICICI Bank Bonds
•All ICICI Bank Bonds have been rated "AAA" by CARE and "LAAA" by ICRA indicating the highest degree of safety for your money
•Investment in ICICI Bank Bonds are eligible for tax rebate under Sec 88
to the full extent possible
•Bonds are listed on BSE, NSE
GOI Bonds
8% Savings Bonds (Taxable), 2003
•Low risk.
•Reasonable investment tenure.
•Nomination facility available.
•Cannot be traded in secondary market.
•Interest income taxable.
Savings Bond - Basic Features
The main features of these bonds are as follows:
• 8% Savings Bonds (Taxable), 2003
• Maturity Period 6 years
• Rate of Interest 8.0% per annum (Taxable)
• Risk Attached Low Risk
• Minimum Investment Rs.1,000/-
• Maximum Investment Unlimited in multiples of Rs.1,000/-
• Loan Facility Not available
• Overall Liquidity Not tradable
• Date of Issue Date of realization of the funds
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.
Mutual Fund Companies offer various schemes. Investors can choose any particular Fund/Scheme or mix of Funds/Schemes depending upon their perception towards risk. Investment is done on the basis of prevailing Net Asset Values of various schemes. Mutual Funds Investments are however subject to Market Risks.
Types of Funds Sold
ICICI helps investors determine which types of funds they need to meet their investment goals. This may include the following types of funds:
• Debt : Liquid schemes, Income schemes, G-sec schemes, Monthly Income Schemes etc.
• Equity : Diversified Equity Schemes, Sector Schemes, Index Schemes etc.
• Hybrid Funds : Balanced Schemes, Special Schemes - Pension Schemes, Child education Schemes etc.
ICICI Bank helps investors identify an appropriate mix of Mutual Fund schemes for their portfolio using asset allocation strategies.
Through ICICI Bank investors can invest in various schemes of multiple mutual funds with decent performance record. Investors can take the aid of our various research reports on mutual funds and their schemes before choosing a scheme for investment.
ICICI Bank offers these investments in Mutual Funds through Multiple Channels. With ICICI Bank, you can invest in Mutual Funds through following channels
• ICICI Bank Branches
• ICICI Bank ATMs
• ICICI Direct.Com
And provide a dedicated workforce to serve clients.
• Before being deputed, the officers complete a comprehensive training 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.
• 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
ICICI keeps the investors updated on the latest happenings in the Mutual Fund industry and the various financial markets through regular electronic updates (daily & weekly) through Emails. ICICI also send out a monthly magazine on investments to their customers.
Advantages of Investing in Mutual Funds
• Professional Money Management & 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, investors 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.
ICICI Bank cares about all needs. Along with Deposit products and Loan offerings, ICICI Bank assists people to manage their finances by providing various investment options ranging from ICICI Bank Tax Saving Bonds to Equity Investments through Initial Public Offers and Investment in Pure Gold. ICICI Bank facilitates following investment products:
• ICICI Bank Tax Saving Bonds
• Government of India Bonds
• Investment in Mutual Funds
• Initial Public Offers by Corporate
• Investment in "Pure Gold"
Customers can invest in above products through any of ICICI bank branches. For select products ICICI Bank also provides the ease of investing through electronic channels like ATMs and Internet (ICICIdirect.com)
ICICI Bank Bonds
•All ICICI Bank Bonds have been rated "AAA" by CARE and "LAAA" by ICRA indicating the highest degree of safety for your money
•Investment in ICICI Bank Bonds are eligible for tax rebate under Sec 88
to the full extent possible
•Bonds are listed on BSE, NSE
GOI Bonds
8% Savings Bonds (Taxable), 2003
•Low risk.
•Reasonable investment tenure.
•Nomination facility available.
•Cannot be traded in secondary market.
•Interest income taxable.
Savings Bond - Basic Features
The main features of these bonds are as follows:
• 8% Savings Bonds (Taxable), 2003
• Maturity Period 6 years
• Rate of Interest 8.0% per annum (Taxable)
• Risk Attached Low Risk
• Minimum Investment Rs.1,000/-
• Maximum Investment Unlimited in multiples of Rs.1,000/-
• Loan Facility Not available
• Overall Liquidity Not tradable
• Date of Issue Date of realization of the funds
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.
Mutual Fund Companies offer various schemes. Investors can choose any particular Fund/Scheme or mix of Funds/Schemes depending upon their perception towards risk. Investment is done on the basis of prevailing Net Asset Values of various schemes. Mutual Funds Investments are however subject to Market Risks.
Types of Funds Sold
ICICI helps investors determine which types of funds they need to meet their investment goals. This may include the following types of funds:
• Debt : Liquid schemes, Income schemes, G-sec schemes, Monthly Income Schemes etc.
• Equity : Diversified Equity Schemes, Sector Schemes, Index Schemes etc.
• Hybrid Funds : Balanced Schemes, Special Schemes - Pension Schemes, Child education Schemes etc.
ICICI Bank helps investors identify an appropriate mix of Mutual Fund schemes for their portfolio using asset allocation strategies.
Through ICICI Bank investors can invest in various schemes of multiple mutual funds with decent performance record. Investors can take the aid of our various research reports on mutual funds and their schemes before choosing a scheme for investment.
ICICI Bank offers these investments in Mutual Funds through Multiple Channels. With ICICI Bank, you can invest in Mutual Funds through following channels
• ICICI Bank Branches
• ICICI Bank ATMs
• ICICI Direct.Com
And provide a dedicated workforce to serve clients.
• Before being deputed, the officers complete a comprehensive training 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.
• 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
ICICI keeps the investors updated on the latest happenings in the Mutual Fund industry and the various financial markets through regular electronic updates (daily & weekly) through Emails. ICICI also send out a monthly magazine on investments to their customers.
Advantages of Investing in Mutual Funds
• Professional Money Management & 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, investors 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.