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Pension Conservative Fund

ULIF00725/11/05PENSCONSER104-Pension Conservative

Funds Overview as on June 30, 2016

Fund's Objective: The investment objective of this fund is to provide stable return by investing in assets of relatively low to moderate level of risk. The fund will invest primarily in fixed interest securities such as Government Securities, Corporate bonds etc.


Inception Date Funds size Benchmarks Products Applicable Status

27 Jan 2006
NAV (p.u.): 23.06

Rs. 12.27 Cr.

  • NSE Nifty(10%)
  • I Sec Gilt Index (60%)
  • Crisil Bond Index (23%)
  • Crisil Liquid Index (8%)
  • Max Life Life Maker Pension Plan- 104L026V01
  • Max Life SMART Invest Pension- 104L040V01
  • Max Life Smart Invest Pension Plus- 104L053V01
  • Max Life Smart Invest Pension Super- 104L056V01
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 8.3% 8.4%
Five Year Rolling Return 9.3% 9.4%
Three Year Rolling Return 8.6% 9.5%
One Year Rolling Return 7.8% 9.5%
YTD (Financial Year) 2.8% 3.0%
Last Quarter 2.8% 3.0%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.7 1.0
Standard Deviation 3.7% 4.0%
Sharpe ratio 0.4 0.3
Treynor ratio 0.0 0.0
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 8.3
M- Duration 5.3
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 50-80%
Corporate Bonds 0-50%
Short Term investment 0-40%
Equity 0-15%
Industry Exposure (Top 10)
Central & State Government 63%
Financial And Insurance Activities** 13%
Housing 11%
Extraction of Crud Oil & Gas 2%
IT Services 1%
Petroleum Products 1%
Ele Gas Steam & Air Condition Suply 1%
Consumer Staples 1%
Civil Engineering 1%
Pharmaceuticals 1%

**Excluding CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 63%
LIC Housing Finance Limited 7%
Housing Development Finance Corp.Limited 5%
Shriram Transport Finance Limited 3%
Oriental Bank of Commerce 2%
ONGC Mangalore Petrochemicals Ltd 2%
IL & FS Financial Services Limited 2%
HDFC Bank Ltd 2%
Infosys Technologies Limited 1%
ITC Ltd 1%
Rating bucket %
AAA & equivalent 93%
AA & equivalent 7%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 7%
1 year to 3 years 8%
3 years to 7 years 15%
Over 7 years 70%
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