• Call us toll free 1800 200 5577

Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as of December 31, 2015

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.):26.72

Rs.601.63Cr.

  • 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 10.4% 10.0%
Five Year Rolling Return 7.7% 7.0%
Three Year Rolling Return 11.2% 10.2%
One Year Rolling Return 3.1% 1.2%
YTD (Financial Year) -1.1% -1.5%
Last Quarter 0.5% 0.6%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 13.9% 16.3%
Sharpe ratio 24.5% 18.6%
Treynor ratio 4.2% 3.0%
Fixed Income
Average Maturity in years 12.5
M- Duration 6.6
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 0-30%
Corporate Bonds 0-30%
Short Term investment 0-40%
Equity 20-70%
Top ten Industries' exposure
Central & State Government 31%
Financial And Insurance Activities** 21%
IT Services 9%
Automobiles 5%
Pharmaceuticals 5%
Chemicals & Chemical Products 4%
Civil Engineering 4%
Petroleum Products 4%
Housing 3%
Consumer Staples 3%
Issuer / Companies %
Central & State Government 31%
Housing Development Finance Corp.Limited 6%
Infosys Technologies Limited 5%
HDFC Bank Ltd 4%
Reliance Industries Limited 3%
ITC Ltd 3%
Maruity Udyog Limited 3%
Indusind Bank Limited 2%
Shriram Transport Finance Limited 2%
Tata Consultancy Services Limited 2%
Rating bucket %
AAA & equivalent 92%
AA & equivalent 8%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 4%
1 year to 3 years 3%
3 years to 7 years 12%
Over 7 years 81%
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