Max Life Pure Growth Fund
You Get
Overview
Fund Size (AUM)
₹ 146.73 Cr
as on 31 March 2024
NAV
₹ 14.36
as on 31 March 2024
1 Year Return
47.15%
as on 31 March 2024
Benchmark Index
Nifty Customised Pure Equity 100%
Inception Date
8 February 2023
Nav Performance
Investment Philosophy
The scheme is focused on providing medium to long-term growth of capital to investors by primarily investing in equities. But the scheme can also make relatively smaller investments in debt securities such as Money Market securities and cash equivalents.
Pure Growth Fund is a ESG scheme that follows principles of Sharia. So the fund does not invest in the stock of companies that get a significant portion of their revenue from sectors such as Banking & Financial Services, entertainment such as cinema/television, etc., specific types of animal produce, tobacco/tobacco products and Alcoholic beverage.
Due to high equity exposure of the scheme portfolio, this fund is considered to be suitable for long-term investors with a high degree of risk tolerance.
Portfolio Overview
Fund Performance vs. Benchmark
Time Horizon* | Fund Returns (%) | Benchmark Returns (%) |
---|---|---|
1 Year | 47.15% | 39.80% |
3 Years | NA | NA |
5 Years | NA | NA |
Since Inception | 43.67% | 35.40% |
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 Equity in the Fund
Security Name | Amount in Crores (₹) |
---|---|
MARUTI SUZUKI INDIA LIMITED (SUZUKI CORPORATION LIMITED) | 8.16 |
SUN PHARMACEUTICAL INDUSTRIES LIMITED | 6.04 |
TITAN COMPANY LIMITED | 6.00 |
RELIANCE INDUSTRIES LIMITED | 5.97 |
AMBUJA CEMENTS LIMITED | 5.29 |
GODREJ CONSUMER PRODUCTS LIMITED | 4.95 |
PIDILITE INDUSTRIES LIMITED | 4.94 |
TATA CONSULTANCY SERVICES LIMITED | 4.76 |
DABUR INDIA LIMITED | 4.06 |
TECH MAHINDRA LIMITED | 4.04 |
Top 10 Industries in the Fund
Industry Name | % of Fund |
---|---|
MANUFACTURE OF PHARMACEUTICALS,MEDICINAL CHEMICAL AND BOTANICAL PRODUCTS | 12.20% |
COMPUTER PROGRAMMING, CONSULTANCY AND RELATED ACTIVITIES | 11.07% |
MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS | 11.03% |
INFRASTRUCTURE | 7.58% |
MANUFACTURE OF MOTOR VEHICLES, TRAILERS AND SEMI-TRAILERS | 6.40% |
MANUFACTURE OF OTHER NON-METALLIC MINERAL PRODUCTS | 6.04% |
MANUFACTURE OF FOOD PRODUCTS | 5.74% |
OTHER MANUFACTURING | 4.95% |
MANUFACTURE OF COKE AND REFINED PETROLEUM PRODUCTS | 3.85% |
OTHER | 27.07% |
Asset Allocation
Asset Type | Actual (%) | Asset-Range |
---|---|---|
Govt. Securities | 0.00% | 0% |
Corporate Bonds | 0.00% | 0% |
Money Market or Equivalent | 6.65% | 0-40% |
Equities | 93.35% | 60-100% |
Rating Profile
AAA | 0.00% |
AA+ | 0.00% |
AA | 0.00% |
Below AA | 0.00% |
Modified Duration
Debt Portfolio | 0.00 |
Money Market Instruments | 0.00 |
Note: Debt portfolio includes MMI
Explore more funds
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-growth-super-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-high-growth-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-secured-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-nifty-smallcap-quality-index-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-sustainable-equity-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-balanced-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-secure-plus-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-midcap-momentum-index-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-growth-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-conservative-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-diversified-equity-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-money-market-ii-fund
https://www.maxlifeinsurance.com/investment-plans/max-life-ul-life-dynamic-bond-fund