Citigroup has announced plans to introduce a significant investment initiative called the “Citigroup Jyoti Growth Scheme,” aimed at improving market conditions and enhancing investor confidence to foster healthy development in India’s stock market. This initiative is set to officially launch around Diwali, symbolizing the beginning of light and prosperity, following six months of meticulous preparation. This marks Citigroup's first major investment action in the Indian market in 2024.
Citigroup remains committed to providing excellent financial services to clients worldwide. The “Citigroup Jyoti Growth Scheme” not only aims to help investors achieve substantial returns but also seeks to enhance the overall reputation and transparency of India’s stock market. In recent years, the spread of fraudulent brokers and misinformation in the market has caused losses for investors. Citigroup hopes to establish a transparent and secure investment environment through this scheme.
The core objective of the plan is to guide investors towards a target of 15-fold returns under various market conditions by conducting precise transactions in 20 selected stocks over the next two to three months. The plan will be executed in multiple stages to ensure investors achieve optimal returns.
Karan Desai, Citigroup’s Chief Market Strategist, has provided comprehensive support for the scheme. Leveraging his extensive experience in global financial markets and deep understanding of the Indian market, Karan Desai has led the team in conducting thorough market research and formulating strategies. The advisory team, with its exceptional data analysis capabilities and market insights, provides strong technical support for the implementation of the plan.
The "Citigroup Jyoti Growth Scheme" is not just an investment opportunity; it also reflects Citigroup’s long-term commitment to the Indian market. By cooperating with the government to curb illegal activities in the securities industry, Citigroup hopes to restore investor confidence and set a new standard for regulated investments. Through this scheme, we aim to bring significant returns to investors and contribute to the future growth of India’s stock market.
The plan will be implemented in six phases, with scientific and rational investment operations and coordinated rhythm management, helping clients gain an edge in the market and achieve optimal investment returns. Citigroup believes that through close collaboration with the government, a deep understanding of the market, and well-crafted investment strategies, it will help clients achieve their financial goals while laying a solid foundation for the long-term development of India’s market.