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Life Balance Fund

ULIF00225/06/04LIFEBALANC104-Balanced

Funds Overview as on Sep 30, 2016

Fund's Objective: The investment objective of the Balanced Fund is to provide balanced returns from investing in both fixed income securities (to target stability of returns) as well as in equities (to target growth in capital value of assets).

Inception Date Funds size Benchmarks Products Applicable Status

20 Sep 2004
NAV (p.u.): 37.06

Rs. 1,752.61 Cr.

  • NSE Nifty(30%)
  • I Sec (Gilt Index) (30%)
  • Crisil Bond Index (30%)
  • Crisil Liquid Index (10%)
  • Max Life Fast Track- 104L067V01
  • Max Life Flexi Fortune- 104L064V01
  • Max Life MAXIS- 104L071V01
  • Max Life Shiksha Plus II- 104L062V01
  • Max Life Life Maker Unit Linked Investment plan- 104L017V01
  • Max Life Life Maker Premium Investment plan- 104L034V01
  • Max Life Fortune Builder - 104L058V01
  • Max Life Life Invest Plan- 104L031V01
  • Max Life Amsure Magic Builder- 104L055V01
  • Max Life Amsure Secure Returns Builder- 104L032V01
  • Max Life Shubh Invest- 104L061V01
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  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 11.5% 10.1%
Five Year Rolling Return 10.9% 10.6%
Three Year Rolling Return 13.3% 12.5%
One Year Rolling Return 10.7% 10.4%
YTD (Financial Year) 9.7% 8.1%
Last Quarter 5.9% 4.1%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.9 1.0
Standard Deviation 7.6% 8.1%
Sharpe ratio 59.1% 38.5%
Treynor ratio 5.1% 3.1%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 9.0
M- Duration 5.5
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 20-50%
Corporate Bonds 20-40%
Short Term investment 0-40%
Equity 10-40%
Industry Exposure (Top 10)
Central & State Government 38%
Financial And Insurance Activities ** 20%
Ele Gas Steam & Air Condition Suply 9%
Housing 6%
Liquid Mutual Fund 4%
Automobiles 3%
IT Services 3%
Civil Engineering 3%
Extraction of Crud Oil & Gas 2%
Petroleum Products 2%

**Excluding CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 38%
Sundaram Mutual Fund 4%
Nuclear Power Corporation 4%
Housing Development Finance Corp.Limited 4%
HDFC Bank Ltd 3%
LIC Housing Finance Limited 3%
Power Grid Corporation of india Limited 2%
ONGC Mangalore Petrochemicals Ltd 2%
Larsen & Turbo Limited 2%
Infosys Technologies Limited 2%
Rating bucket %
AAA & equivalent 96%
AA & equivalent 4%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 5%
1 year to 3 years 8%
3 years to 7 years 16%
Over 7 years 71%
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