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

Life Balance Fund

ULIF00225/06/04LIFEBALANC104-Balanced

Funds Overview as of March 31, 2015

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.):33.14

Rs. 1,255.45 Cr.

  • 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
  • -
  • -
  • -
  • -
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Funds Performance
  • Asset Allocation
Annualized Returns* Fund Benchmark returns
Since inception 12.1% 10.5%
Five Year Rolling Return 9.9% 9.2%
Three Year Rolling Return 12.9% 12.0%
One Year Rolling Return 20.3% 17.6%
YTD (Financial Year) 20.3% 17.6%
Last Quarter 3.8% 2.8%

* Returns less than one year are absolute returns.

Risk Attributes Fund Benchmark
Beta 0.9 1.0
Standard Deviation 7.9% 8.5%
Sharpe ratio 63.7% 40.9%
Treynor ratio 5.7% 3.4%
Risk Free Rate assumed 7%    
Fixed Income
Average Maturity in years 9.5
M- Duration 5.6
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 41%
Financial And Insurance Activities** 18%
Housing 8%
IT Services 5%
Liquid Mutual Fund 4%
Construction & Engineering 4%
MFG of Motor vehicle 4%
Manfr of pharmaceuticals 2%
Electricity Production 2%
Metal Refiners 1%

**Including CD & FD investments

Issuer / Company Exposure (Top 10) %
Central & State Government 41%
LIC Housing Finance Limited 5%
Housing Development Finance Corp.Limited 5%
JP Morgan Mutual Fund 4%
Axis Bank Limited 3%
HDFC Bank Ltd 2%
Infosys Technologies Limited 2%
Larsen & Turbo Limited 2%
Shriram Transport Finance Limited 2%
Tata Consultancy Services Limited 1%
Rating bucket %
AAA & equivalent 94%
AA & equivalent 6%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 1%
1 year to 3 years 7%
3 years to 7 years 14%
Over 7 years 77%
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