• Call us toll free 1800 200 5577

Group Gratuity Growth Fund

(ULGF00117/04/06GRATGROWTH104-Group Gratuity Growth)

Funds Overview as on June 30, 2016

Fund's Objective: The investment objective of the Growth Fund is to provide potentially higher returns to unit holders by investing primarily in Equities (to target growth in capital value of assets); however, the fund will also invest in Government securities, corporate bonds and money market instruments.


Inception Date Funds size Benchmarks Products Applicable Status

28 Aug 2006
NAV (p.u.) : 24.15

Rs. 5.39 Cr.

  • NSE Nifty (50%)
  • I Sec Gilt Index (20%)
  • Crisil Bond Index (20%)
  • Crisil Liquid Index (10%)
  • Max Life Unit Linked Group Gratuity Plan- 104L030V01
Withdrawn
  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 9.4% 9.5%
Five Year Rolling Return 9.7% 9.0%
Three Year Rolling Return 12.1% 10.9%
One Year Rolling Return 3.7% 4.8%
YTD (Financial Year) 4.9% 4.8%
Last Quarter 4.9% 4.8%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 11.0% 13.1%
Sharpe ratio 0.2 0.2
Treynor ratio 0.0 0.0
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 3.3
M- Duration 2.0
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 0-30%
Corporate Bonds 0-30%
Short Term investment 0-20%
Equity 20-60%
Industry Exposure (Top 10)
Financial And Insurance Activities** 25%
Central & State Government 22%
Housing 13%
Civil Engineering 10%
Petroleum Products 6%
IT Services 4%
Consumer Staples 4%
Construction Material 3%
Food Products 3%
Automobiles 3%

**Excluding CD & FD investments

Issuer / Company Exposure (Top 10) % of fund
Central & State Government 22%
Housing Development Finance Corp.Limited 8%
Larsen & Turbo Limited 6%
LIC Housing Finance Limited 6%
Shriram Transport Finance Limited 5%
HDFC Bank Ltd 5%
Infosys Technologies Limited 4%
ITC Ltd 4%
State Bank of India 3%
Ultratech Cement Ltd 3%
Rating bucket %
AAA & equivalent 85%
AA & equivalent 15%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 39%
1 year to 3 years 20%
3 years to 7 years 28%
Over 7 years 14%
Total 100%

Of Rated Fixed Income

Did you Know?

Our aggregate Traditional portfolio witnessed a growth of 34.51%, and overall portfolio grew by 25% over the last one year till June 2014