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Pension Growth Fund

ULIF00525/11/05PENSGROWTH104-Pension Growth

Funds Overview as of March 31, 2015

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.):27.03

Rs.658.90Cr.

  • 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  • Withdrawn
  • Withdrawn
  • Withdrawn
  • Withdrawn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 11.4% 11.1%
Five Year Rolling Return 10.4% 9.8%
Three Year Rolling Return 15.2% 14.3%
One Year Rolling Return 25.1% 21.3%
YTD (Financial Year) 25.1% 21.3%
Last Quarter 4.3% 2.7%
Risk Attributes Fund Benchmark
Beta 0.8 1.0
Standard Deviation 14.2% 16.8%
Sharpe ratio 31.3% 24.2%
Treynor ratio 5.5% 4.1%
Fixed Income
Average Maturity in years 9.6
M- Duration 5.8
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** 23%
IT Services 9%
MFG of Motor vehicle 7%
Construction & Engineering 6%
Manfr of pharmaceuticals 5%
Housing 4%
Consumer Staples 2%
Manfr OF petroleum products 2%
Manfr of Tobacco Products 2%
Issuer / Companies %
Central & State Government 25%
Housing Development Finance Corp.Limited 6%
Infosys Technologies Limited 5%
HDFC Bank Ltd 4%
Larsen & Turbo Limited 3%
Axis Bank Limited 3%
Tata Consultancy Services Limited 3%
Shriram Transport Finance Limited 2%
Maruity Udyog Limited 2%
ITC Ltd 2%
Rating bucket %
AAA & equivalent 91%
AA & equivalent 9%
A & equivalent 0%
- -
Total 100%
Maturity bucket %
Less than 1year 4%
1 year to 3 years 6%
3 years to 7 years 12%
Over 7 years 78%
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