• Call us toll free 1800 200 5577 & 1800 180 5577

Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as of December 31, 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.):25.91

Rs.641.77Cr.

  • 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 11.2% 11.1%
Five Year Rolling Return 9.9% 9.4%
Three Year Rolling Return 16.9% 16.7%
One Year Rolling Return 25.2% 23.8%
YTD (Financial Year) 19.9% 18.1%
Last Quarter 5.6% 4.1%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 14.3% 17.0%
Sharpe ratio 29.7% 23.9%
Treynor ratio 5.3% 4.1%
Fixed Income
Average Maturity in years 9.5
M- Duration 5.7
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
Central & State Government 25%
Financial And Insurance Activities** 24%
IT Services 8%
Housing 6%
Manfr of pharmaceuticals 5%
MFG of Motor vehicle 5%
Construction & Engineering 4%
Manfr OF petroleum products 4%
Manfr of Tobacco Products 3%
Electricity Production 2%
Issuer / Companies %
Central & State Government 25%
Housing Development Finance Corp.Limited 5%
Infosys Technologies Limited 5%
ICICI Bank Limited 4%
LIC Housing Finance Limited 4%
HDFC Bank Ltd 4%
Larsen & Turbo Limited 3%
Reliance Industries Limited 3%
Tata Consultancy Services Limited 3%
State Bank of India 3%
Rating bucket %
AAA & equivalent 91%
AA & equivalent 9%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 6%
1 year to 3 years 4%
3 years to 7 years 17%
Over 7 years 73%
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