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Life Balance Fund

ULIF00225/06/04LIFEBALANC104-Balanced

Funds Overview as of September 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

20 Sep 2004
NAV (p.u.):30.38

Rs. 1,049.95Cr.

  • NSE Nifty(30%)
  • I Sec (Gilt Index) (30%)
  • Crisil Bond Index (30%)
  • Crisil Liquid Index (10%)
  • Max Life Fast Track- 104L067V01
  • Max Life Flexi Fortune- 104L064V01
  • Max Life MAXIS- 104L071V01
  • Max Life Shiksha Plus II- 104L062V01
  • Max Life Life Maker Unit Linked Investment plan- 104L017V01
  • Max Life Life Maker Premium Investment plan- 104L034V01
  • Max Life Fortune Builder - 104L058V01
  • Max Life Life Invest Plan- 104L031V01
  • Max Life Amsure Magic Builder- 104L055V01
  • Max Life Amsure Secure Returns Builder- 104L032V01
  • Max Life Shubh Invest- 104L061V01
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  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 11.7% 10.2%
Five Year Rolling Return 9.0% 8.3%
Three Year Rolling Return 11.3% 11.4%
One Year Rolling Return 19.3% 18.8%
YTD (Financial Year) 10.3% 9.7%
Last Quarter 3.1% 3.1%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.9 1.0
Standard Deviation 8.1% 8.7%
Sharpe ratio 58.5% 37.4%
Treynor ratio 5.4% 3.2%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 7.0
M- Duration 4.1
of the NON Equity Portfolio  
Approved Asset Allocation
G-sec 20-50%
Corporate Bonds 20-40%
Short Term investment 0-40%
Equity 10-40%
Industry Exposure (Top 10)
Central & State Government 38%
Financial And Insurance Activities** 17%
Housing 9%
IT Services 6%
Construction & Engineering 4%
Liquid Mutual Fund 3%
Manfr of pharmaceuticals 2%
Manfr OF petroleum products 2%
MFG of Motor vehicle 2%
Metal Refiners 2%

**Including CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 38%
LIC Housing Finance Limited 6%
Housing Development Finance Corp.Limited 4%
Birla Sun Life Mutual Fund 3%
Larsen & Turbo Limited 3%
Infosys Technologies Limited 2%
Canara Bank Limited 2%
HDFC Bank Ltd 2%
Reliance Industries Limited 2%
ITC Ltd 2%
Rating bucket %
AAA & equivalent 95%
AA & equivalent 5%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 14%
1 year to 3 years 10%
3 years to 7 years 30%
Over 7 years 46%
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