Citizens Mutual Fund is opening its public offering for the Citizens Sadabahar Yojana from Asar 13 (June 26, 2025). This open-ended mutual fund is being launched under the fund sponsorship of Citizens Bank International Limited and will be managed and sold by Citizens Capital Limited.
Out of the total 50 million units, 42.5 million units will be issued to the public. The fund is priced at Rs. 10 per unit, and investors can apply for a minimum of 100 units.
Applications can be submitted through the Meroshare online system, starting from Asar 13, with an early closing date of Asar 17 and the final closing date being Asar 27, if fully subscribed earlier.
What Makes This a Unique Investment?
The Citizens Sadabahar Yojana is an open-ended mutual fund, meaning investors can buy or sell units even after the initial offering period. However, it will not be listed on the stock exchange. Instead, investors can buy or sell units later through specified fund distributors at their convenience.
Where Will the Fund Be Invested?
According to the fund’s structure, the collected amount will be invested with the following limits:
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Up to 75% in the stock market
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Up to 10% in fixed deposits
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Up to 5% in call deposits
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Up to 10% in bonds and debentures
This structure provides a balanced investment approach, with a major portion in the equity market and the rest in safer financial instruments.
