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Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as on March 31, 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.): 26.46

Rs. 580.64 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 10.0% 9.7%
Five Year Rolling Return 8.1% 7.4%
Three Year Rolling Return 11.5% 10.5%
One Year Rolling Return -2.1% -2.0%
YTD (Financial Year) -2.1% -2.0%
Last Quarter -1.0% -0.5%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 13.8% 16.2%
Sharpe ratio 21.9% 16.8%
Treynor ratio 3.7% 2.7%
Fixed Income
Average Maturity in years 8.3
M- Duration 5.3
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 26%
Financial And Insurance Activities** 22%
IT Services 8%
Civil Engineering 4%
Automobiles 4%
Housing 4%
Consumer Staples 4%
Chemicals & Chemical Products 4%
Pharmaceuticals 3%
Liquid Mutual Fund 3%

**Including CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 26%
Housing Development Finance Corp.Limited 6%
Infosys Technologies Limited 5%
ITC Ltd 4%
HDFC Bank Ltd 4%
Axis Mutual Fund 3%
Indusind Bank Limited 2%
Reliance Industries Limited 2%
Tata Consultancy Services Limited 2%
Shriram Transport Finance Limited 2%
Rating bucket %
AAA & equivalent 92%
AA & equivalent 8%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 0%
1 year to 3 years 3%
3 years to 7 years 16%
Over 7 years 80%
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