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Group Superannuation Balanced Fund

ULGF00523/01/07SANNBALANC104-Superannuation Balanced

Funds Overview as of June 30, 2014

Fund's Objective: The investment objective of the Balanced Fund is to provide balanced returns from investing in both fixed income securities (to target stability of returns) as well as in equities (to target growth in capital value of assets).


Inception Date Funds size Benchmarks Products Applicable Status

13 April 2007
NAV (p.u.)17.86

Rs. 1.45 Cr.

  • NSE Nifty(25%)
  • I Sec Gilt Index (35%)
  • Crisil Bond Index (30%)
  • Crisil Liquid Index (10%)
  • Max Life Unit Linked Group Superannuation Plan- 104L033V01
  • Withdrawn
  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 8.4% 8.7%
Five Year Rolling Return 7.3% 8.5%
Three Year Rolling Return 7.9% 9.2%
One Year Rolling Return 8.8% 11.6%
YTD (Financial Year) 5.0% 5.9%
Last Quarter 5.0% 5.9%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.5 1.0
Standard Deviation 6.0% 7.7%
Sharpe ratio 0.2% 0.2%
Treynor ratio 0.0% 0.0%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 4.4
M- Duration 3.2
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 20-50%
Corporate Bonds 20-40%
Short Term investment 0-20%
Equity 10-40%
Industry Exposure (Top 10)
Central & State Government 59%
Financial And Insurance Activities** 22%
Construction & Engineering 5%
Manfr of Tobacco Products 3%
Consumer Staples 3%
Extraction of Crud Oil & Gas 2%
MFG of Motor vehicle 2%
Manfr OF petroleum products 1%
Telecommunications 1%
Electricity Production 1%

**Including CD & FD investments

Issuer / Company Exposure (Top 10) % of fund
Central & State Government 59%
National Bank for Agriculture & Rural Development 9%
State Bank of India 7%
Infrastructure Leasing & Finance Services Limited 6%
Larsen & Turbo Limited 5%
ITC Ltd 3%
Hindustan Unilever Limited 3%
Oil & Natural Gas Corporation Limited 2%
Maruity Udyog Limited 2%
Reliance Industries Limited 1%
Rating bucket %
AAA & equivalent 100%
AA & equivalent 0%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 17%
1 year to 3 years 0%
3 years to 7 years 70%
Over 7 years 13%
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