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Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as of June 30, 2014

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.):23.73

Rs.598.03 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 10.8% 10.7%
Five Year Rolling Return 10.7% 10.5%
Three Year Rolling Return 9.8% 10.0%
One Year Rolling Return 20.4% 20.4%
YTD (Financial Year) 9.8% 9.3%
Last Quarter 9.8% 9.3%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 14.7% 17.5%
Sharpe ratio 25.9% 21.4%
Treynor ratio 4.8% 3.7%
Fixed Income
Average Maturity in years 5.4
M- Duration 3.6
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
Financial And Insurance Activities** 23%
Central & State Government 19%
IT Services 10%
Manfr OF petroleum products 5%
Construction & Engineering 4%
Manfr of pharmaceuticals 4%
Liquid Mutual Fund 4%
MFG of Motor vehicle 4%
Manfr of Tobacco Products 3%
Electricity Trading 3%
Issuer / Companies %
Central & State Government 19%
Reliance Industries Limited 5%
Infosys Technologies Limited 4%
Larsen & Turbo Limited 4%
ICICI Bank Limited 4%
Power Finance Corporation Limited 4%
Tata Mutual Fund 4%
Housing Development Finance Corp.Limited 4%
ITC Ltd 3%
HDFC Bank Ltd 3%
Rating bucket %
AAA & equivalent 94%
AA & equivalent 6%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 16%
1 year to 3 years 6%
3 years to 7 years 47%
Over 7 years 31%
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