• Call us toll free 1800 200 5577

Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as on June 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.): 27.76

Rs. 575.67 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 10.3% 10.0%
Five Year Rolling Return 9.2% 8.8%
Three Year Rolling Return 12.1% 11.3%
One Year Rolling Return 4.8% 3.6%
YTD (Financial Year) 4.9% 5.2%
Last Quarter 4.9% 5.2%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 13.7% 16.0%
Sharpe ratio 24.0% 18.8%
Treynor ratio 4.0% 3.0%
Fixed Income
Average Maturity in years 8.1
M- Duration 5.2
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** 21%
IT Services 8%
Housing 5%
Consumer Staples 4%
Chemicals & Chemical Products 4%
Automobiles 4%
Civil Engineering 4%
Liquid Mutual Fund 3%
Ele Gas Steam & Air Condition Suply 3%

**Excluding CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 26%
Housing Development Finance Corp.Limited 7%
Infosys Technologies Limited 5%
ITC Ltd 4%
HDFC Bank Ltd 4%
LT Mutual Fund 3%
Indusind Bank Limited 3%
Reliance Industries Limited 2%
Larsen & Turbo Limited 2%
Shriram Transport Finance Limited 2%
Rating bucket %
AAA & equivalent 93%
AA & equivalent 7%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 1%
1 year to 3 years 6%
3 years to 7 years 17%
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