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Group Gratuity Conservative Fund

ULGF00317/04/06GRATCONSER104-Group Gratuity Conservative

Funds Overview as of December 31, 2013

Fund's Objective:The investment objective of this fund is to provide stable return by investing in 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

28 Aug 2006
NAV (p.u.):17.67

Rs. 35.67 Cr.

  • NSE Nifty (0%)
  • I Sec Gilt Index (65%)
  • Crisil Bond Index (25%)
  • Crisil Liquid Index (10%)
  • Max Life Unit Linked Group Gratuity Plan- 104L030V01
  • Withdrawn
  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 8.1% 7.2%
Five Year Rolling Return 7.2% 5.8%
Three Year Rolling Return 8.6% 7.3%
One Year Rolling Return 7.6% 5.5%
YTD (Financial Year) 4.7% 3.0%
Last Quarter 2.6% 2.2%
Risk Attributes Fund Benchmark
Beta 0.6% 1.0%
Standard Deviation 3.1% 3.6%
Sharpe ratio 0.3% 0.1%
Treynor ratio 0.0% 0.0%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 8.8
M- Duration 4.9
Approved Asset Allocation
G-sec 50-80%
Corporate Bonds 0-50%
Short Term investment 0-20%
Equity 0-0%
Industry Exposure (Top 10)
Central & State Government 70%
Housing 9%
Financial And Insurance Activities** 9%
Electricity Production 6%
Construction & Engineering 5%
   
   
   
   
   
Issuer / Company Exposure (Top 10) %
Central & State Government 70%
Power Grid Corporation of india Limited 6%
LIC Housing Finance Limited 5%
Larsen & Turbo Limited 5%
Housing Development Finance Corp.Limited 3%
Infrastructure Leasing & Finance Services Limited 3%
ICICI Bank Limited 1%
Shriram Transport Finance Limited 1%
Oriental Bank of Commerce 1%
Power Finance Corporation Limited 1%
Rating bucket %
AAA & equivalent 97%
AA & equivalent 3%
A & equivalent 0%
- -
Total 100.0%
Maturity bucket %
Less than 1year 3%
1 year to 3 years 4%
3 years to 7 years 42%
Over 7 years 51%
Total 100%

Of Rated Fixed Income

Did you Know?

Our aggregate traditional portfolio witnessed a growth of 40.2% over the last one year.