We formulate the modulation of galactic anisotropy of cosmic rays caused by their orbital deflection in the heliomagnetosphere. According to the formulation, the average sidereal i-th harmonic daily variation ( i = 1,2,…) produced from the anisotropy from an arbitrary direction can be expressed by a linear combination of three basic vectors for uni-directional anisotropy and five basic vectors for bi-directional anisotropy. These vectors are obtained by calculating trajectories of cosmic rays (20−10 4GV) in a model magnetosphere having Parker's Archimedian spiral structure with a flat or a wavy neutral sheet in either of two polarity states, one is called “Positive” state (away field in the northern space of the neutral sheet and toward field in the southern space) and the other is called “Negative” state (reversed state of the above). Among general characteristics of the sidereal daily variations, the most remarkable features are: (1) The observable variations in low rigidity (≲ 2000 GV) can be produced even from an uni-directional anisotropy in the direction of the Earth's rotation axis. These variations are strongly dependent on the polarity state, i.e., they are greater in the Positive state than in the Negative. (2) Those produced from the anisotropy in the Equatorial plane also show the polarity dependence but contrary to the previous case they are greater in the Negative state than in the Positive. Their magnitude in the former state is not so small even in the extremely low rigidity (∼ 100 GV) as compared with that in high rigidity region. (3) These general characteristics are not altered by the introduction of the wavy neutral sheet or the magnetic irregularities, but the variations are affected more or less, depending on the heliolatitudinal extent of the wavy sheet or the degree of cosmic ray scattering with the irregularities, (4) Sidereal daily variation for the wavy sheet shows a toward-away field dependence similar to that of Swinson-type of solar origin, but the dependence is predominant in intermediate rigidity region (∼ 500 GV), in marked contrast to that of solar origin. (5) Finally, whichever its direction may be, the uni-directional anisotropy produces the sidereal diurnal variation common to two conjugate stations in the Northern and Southern hemisphere. If there is any difference between the observed variations at the stations, it should be interpreted as being due to higher order anisotropy such as the bi-directional anisotropy.