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Group Gratuity Balanced Fund

ULGF00217/04/06GRATBALANC104-Group Gratuity Balanced

Funds Overview as of June 30, 2014

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


Inception Date Funds size Benchmarks Products Applicable Status

5 Jan 2014
NAV (p.u.):10.48

Rs. 0.41 Cr.

  • NSE Nifty(55%)
  • I Sec Gilt Index (20%)
  • Crisil Bond Index (15%)
  • Crisil Liquid Index (10%)
  • Max Life Unit Linked Group Superannuation Plan- 104L033V01
  • Withdrawn
  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 10.2% 13.2%
Five Year Rolling Return NA NA
Three Year Rolling Return NA NA
One Year Rolling Return NA NA
YTD (Financial Year) 2.9% 3.6%
Last Quarter 2.9% 3.6%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 1.4 1.0
Standard Deviation 2.9% 1.9%
Sharpe ratio 1.1% 3.3%
Treynor ratio 0.0% 0.1%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 5.3
M- Duration 4.2
of the NON Equity Portfolio  
Approved Asset Allocation
Fixed Income (Govt,Sec. & Bonds) 60-100%
Short Term investment 0-40%
Equity NIL
Industry Exposure (Top 10)
Central & State Government 100%

**Including CD & FD investments

Issuer / Company Exposure (Top 10) % of fund
Central & State Government 100%
Rating bucket %
AAA & equivalent 100%
AA & equivalent 0%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 0%
1 year to 3 years 0%
3 years to 7 years 100%
Over 7 years 0%
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