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Pension Secured Fund

ULIF00825/11/05PENSSECURE104-Pension Secured

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

27 Jan 2006
NAV (p.u.):18.27

Rs. 69.65 Cr.

  • I Sec Gilt Index (70%)
  • Crisil Bond Index (25%)
  • Crisil Liquid Index (5%)
  • 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 7.4% 7.2%
Five Year Rolling Return 7.7% 6.9%
Three Year Rolling Return 9.5% 8.5%
One Year Rolling Return 4.9% 5.5%
YTD (Financial Year) 3.4% 3.4%
Last Quarter 3.4% 3.4%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.6 1.0
Standard Deviation 3.2% 3.6%
Sharpe ratio 0.1% 0.0%
Treynor ratio 0.0% 0.0%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 8.2
M- Duration 4.7
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 50-100%
Corporate Bonds 0-50%
Short Term investment 0-40%
Equity NIL
Industry Exposure (Top 10)
Central & State Government 73%
Housing 8%
Financial And Insurance Activities** 8%
Electricity Production 4%
Electricity Trading 4%
Metal Refiners 0%
Water Transport 0%
   
   
   

**Including CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 73%
LIC Housing Finance Limited 5%
Power Grid Corporation of india Limited 4%
Food Corporation of India 4%
Housing Development Finance Corp.Limited 3%
Infrastructure Leasing & Finance Services Limited 2%
HDFC Bank Ltd 1%
ICICI Bank Limited 1%
Oriental Bank of Commerce 1%
Power Finance Corporation Limited 1%
Rating bucket %
AAA & equivalent 97%
AA & equivalent 3%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 8%
1 year to 3 years 5%
3 years to 7 years 35%
Over 7 years 51%
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