Max Life UL Life Dynamic Bond Fund
You Get
Overview
Fund Size (AUM)
Rs. 28.76 crores as on 31 March 2024
NAV
Rs. 12.2531 as on 31 March 2024
1 Year Returns
8.11% as on 31 March 2024
Benchmark Index
CRISIL Bond Index 100%
Inception Date
8 June 2020
Nav Performance
Investment Philosophy
This fund invests in high quality debt instruments such as money market instruments, corporate bonds and G-secs.
The aim of this scheme is to generate returns from debt investments while ensuring adequate liquidity and safety of the capital invested.
As there is no equity exposure, this scheme is considered to have relatively low investment risk, so may be suitable for conservative investors.
Portfolio Overview
Top 10 Bonds in the Fund
| Security Name | Amount in Crores (₹) |
|---|---|
| 7.87 BAJAJ FINANCE LIMITED 08 FEBRUARY 2034 | 1.80 |
| 7.72 BHARAT SANCHAR NIGAM LIMITED 22 DECEMBER 2032 | 0.82 |
| 8.50 CHOLAMANDALAM INVESTMENT & FIN CO LTD 27 MARCH 2026 | 0.81 |
| 6.65 FOOD CORPORATION OF INDIA GOVT GUARANTEED 23 OCT 2030 | 0.67 |
| 8.04 INDIA INFRADEBT LIMITED 25 APRIL 2033 | 0.52 |
| 7.70 SBI BANK INFRA 19 JANUARY 2038 | 0.51 |
| 8.80% BHARTI TELECOM LIMITED NCD 21 NOVEMBER 2025 | 0.51 |
| 7.50 POWERGRID CORPORATION 24 AUGUST 2033 | 0.50 |
| 9.00 STEEL AUTHORITY OF INDIA LIMITED 14 OCT 2024 | 0.40 |
| 7.64 INDIAN RAILWAY FINANCE CORP LTD 28 NOVEMBER 2037 | 0.20 |
Top 10 Government Security in the Fund
| Security Name | Amount in Crores (₹) |
|---|---|
| 7.18 GOI 14 AUGUST 2033 | 5.94 |
| 7.32 GOI 13 NOVEMBER 2030 | 3.50 |
| 7.48 ANDHRA PRADESH SDL 14 FEBRUARY 2044 | 3.03 |
| 7.25 GOI 12 JUNE 2063 | 1.18 |
| 7.83 GUJARAT SDL 13 JUL 2026 | 1.01 |
| 7.73 UTTAR PRADESH SDL 15 NOVEMBER 2034 | 0.52 |
| 7.75 UTTAR PRADESH SDL 29 NOVEMBER 2034 | 0.51 |
| 7.80 GUJARAT SDL 27 DEC 2027 | 0.51 |
| 7.10 SGB 27 JANUARY 2028 | 0.50 |
| 8.18 HARYANA SPL BOND 15 JUN 2024 | 0.50 |
Fund Performance vs. Benchmark
| Time Horizon* | Fund Returns (%) | Benchmark Returns (%) |
|---|---|---|
| 1 Year | 8.11% | 8.26% |
| 3 Years | 5.66% | 5.49% |
| 5 Years | NA | NA |
| Since Inception | 5.47% | 5.55% |
Note: Returns more than 1 year are CAGR returns. Above Fund Returns are after deduction of Fund Management Charges (FMC). Above returns are after deduction of Fund Management Charges (FMC) and as of 31 March, 2024. Past performance does not guarantee future returns.
Top 10 Industries in the Fund
| Industry Name | % of Fund |
|---|---|
| CENTRAL & STATE GOVERNMENT | 72.63% |
| FINANCIAL AND INSURANCE ACTIVITIES | 11.94% |
| INFRASTRUCTURE | 9.90% |
| WHOLESALE TRADE, EXCEPT OF MOTOR VEHICLES AND MOTORCYCLES | 2.33% |
| MANUFACTURE OF BASIC METALS | 1.39% |
| OTHER | 1.82% |
Asset Allocation
| Asset Type | Actual (%) | Asset-Range |
|---|---|---|
| Govt. Securities | 95.75% | 60-100% |
| Money Market or Equivalent | 4.25% | 0-40% |
| Equities | 0.00% | NA |
Rating Profile
| AAA | 93.83% |
| AA+ | 4.75% |
| AA | 1.42% |
| Below AA | 0.00% |
Modified Duration
| Debt Portfolio | 6.0110 |
| Money Market Instruments | 0.0001 |
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