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Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as on Sep 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

27 Jan 2006
NAV (p.u.): 29.21

Rs. 584.65 Cr.

  • NSE Nifty(60%)
  • I Sec Gilt Index (15%)
  • Crisil Bond Index (15%)
  • Crisil Liquid Index (10%)
  • 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 10.6% 10.2%
Five Year Rolling Return 11.6% 11.2%
Three Year Rolling Return 14.6% 13.3%
One Year Rolling Return 9.8% 9.5%
YTD (Financial Year) 10.4% 9.3%
Last Quarter 5.2% 3.9%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 13.6% 15.8%
Sharpe ratio 26.2% 19.9%
Treynor ratio 4.4% 3.2%
Risk Free Rate assumed 7%
Fixed Income
Average Maturity in years 9.1
M- Duration 5.7
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 0-30%
Corporate Bonds 0-30%
Short Term investment 0-40%
Equity 20-70%
Industry Exposure (Top 10)
Central & State Government 25%
Financial And Insurance Activities ** 24%
IT Services 7%
Automobiles 4%
Civil Engineering 4%
Housing 4%
Consumer Staples 4%
Ele Gas Steam & Air Condition Suply 4%
Chemicals & Chemical Products 3%
Liquid Mutual Fund 3%

* Returns less than one year are absolute returns.

** Excluding CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 25%
Housing Development Finance Corp.Limited 6%
HDFC Bank Ltd 5%
Infosys Technologies Limited 4%
ITC Ltd 4%
SBI Mutual Fund 3%
Indusind Bank Limited 3%
Larsen & Turbo Limited 2%
Shriram Transport Finance Limited 2%
Yes Bank Limited 2%
Rating bucket %
AAA & equivalent 92%
AA & equivalent 8%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 1%
1 year to 3 years 10%
3 years to 7 years 13%
Over 7 years 76%
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