CIO Fund, s Details Letter Market Outlook Debt Hybrid Contact Us Fund Assure Investment Report, January 2013
From the CIO s Desk Fund Assure, Investment Report, January 2013 Dear Friends, The month of January 2013 saw the benchmark indices; BSE Sensex and CNX Nifty gain around 2.41% and 2.20% respectively, even as the -cap index, CNX -cap shed 1.66% during the same period. On the global front, the US economy unexpectedly shrank by 0.1% in the fourth quarter of CY 2012 on the back of reduced defense spending, even as there were clear signs of improvement in the housing market and steady reduction in the unemployment rate over the last two quarters. The Euro zone has been relatively calm with the bond yields in peripheral economies stabilizing, though the economy of the Euro zone is still in a shallow recession. The Chinese economy seems to be on a recovery path as indicated by expansion in Purchase manager s index (PMIs) but sustained Chinese growth in the long term will be dependent on how well it re-balances the economy between investments and consumption, without major disruptions. On the domestic front, the market watchers expect the Budget Session of the Parliament to be productive with the likely passage of higher FDI in insurance and pension. The passage of the Land Acquisition Bill would be a key enabler for speeding up large projects which are stalled due to land acquisition issues. A lot of expectations are built around the Union budget and the capital markets would cheer a pro-growth, fiscally tight budget which would take the reform agenda forward. On the key legislation of Goods and Service Tax (GST), there has been a consensus in the state Ministers meeting on some of the key issues. With the Central Sales Tax (CST) compensation issue out of the way, there is a possibility of a revised GST Bill in the Parliament in the second half of the year once there is a broad consensus on the design of the GST framework. The timeline of April 2014 roll out of the GST is ambitious, given the Government will have to reintroduce the bill and get the Parliament s approval and the states would have to ratify them. The economists believe that GST in the initially envisaged form would be a game-changer as it could boost GDP growth, increase the tax to GDP ratio and improve the overall trade deficit by incentivising exports and encouraging import substitution. The Cabinet Committee on Investments (CCI) will be a key enabler in speeding up infrastructure project related inter-ministerial dispute resolution, especially in the areas of oil exploration, coal and other minerals. The Direct Benefit Transfer mechanism, based on Aadhar or the Unique Identification would help distribute subsidies efficiently and reduce leakages in the medium term and eventually contain the subsidy bill by targeting the beneficiaries. In its third quarter review of the Monetary Policy, the RBI cut the repo rate by 25 bps to 7.75%, largely along expected lines and cut the cash reserve ratio (CRR) by 25 bps from 4.25% to 4%. The market experts believe that going forward; the RBI would look at the quality and quantum of fiscal consolidation effected for FY2013, further reforms from the government as well as a credible fiscal consolidation roadmap to be presented in the Union budget for FY 2014, while deciding further reductions in the policy rates to stimulate the moderating economic growth. In a measure to rein in the fiscal deficit, the petroleum ministry allowed Oil marketing companies to raise the diesel price by a small quantum periodically aimed at eventually deregulating diesel Also, diesel price for bulk industrial buyers, making up 18% of demand has been deregulated with immediate effect, which could cut fuel subsidy bill by Rs 155 billion ( approx. USD 2.9 billion). However, the decision to subsidize additional 3 LPG gas cylinders per family a year, raising the cap to 9, will add Rs 90 billion (approx.usd 1.7 billion) to the subsidy. The government announced an across the board hike in passenger fares for Indian Railways (IR) after a gap of 10 years. This move prior to the Railway Budget for FY2014 due in February 2013 is a signal of the government s intention to undertake urgent policy measures to revive the moderating economy and rein in the fiscal deficit. With this fare hike and the long overdue structural reforms in the functioning of Indian Railways, there is an expectation that the additional surplus generated would provide some momentum to the Indian Railways capex plans and improve execution of ongoing projects stuck for want of funds. The Index of Industrial Production (IIP) for the month of November 2012 came in at a negative 0.1%, close to consensus estimates. The muted IIP growth was largely on expected lines due to the Diwali effect as the restocking demand had shifted to the month of October 2012 as indicated by the surge in October IIP to 8.3%. The unfavorable base effect and higher inventory levels on account of surge in production in October 2012 to meet Diwali demand could have largely explained the muted November IIP print. The Wholesale Price Index (WPI) Inflation for December 2012 came in at 7.18%, lower than the consensus estimate of 7.37% as well as the November 2012 WPI inflation reading of 7.24%. This is the third consecutive month when inflation reading is below expectations and does indicate a declining trend in WPI inflation. Going forward, we expect the reforms momentum to sustain into the budget session and believe that the equity markets continue to trade at reasonable valuations and offer an attractive entry point for a long-term investor with a 3-5 year view. Saravana Kumar Chief Investment Officer
Market Outlook - Debt Fund Assure, Investment Report, January 2013 January 2013 saw the benchmark 10 year Government security (G-sec) rally by 14 bps over the month, extending the 12 bps rally seen in the previous month, to close the month of January at 7.91% levels. January 2013 saw the G-sec market rallying due to a better than expected December WPI inflation print and muted fresh issuances in the G-secs, though it hardened towards the end of the month, post the RBI policy.the yields of the 30 year G-sec over the 10 year G-sec contracted to around 20 bps in January 2013 as against the 25 bps, seen in the prior month. The Minister s expectations of meeting the revised fiscal deficit target of 5.3% of GDP for FY 2013 as well as an assurance of a fiscally tight Union budget for FY 2014 were seen as positive for the bond market sentiments. The corporate bond market remained steady during the month on the back of muted supply, to close the month of January 2013 at around the 8.75% levels in the 5-10 year bonds, lower than December levels of 8.90%.As a consequence, the corporate bond spread over the benchmark 10 year G-sec stood at around 70 Bps in January 2013. On the liquidity front, the Liquidity Adjustment Facility -LAF continued to be the primary mode of liquidity injection, maintaining a shortfall of around Rs.0.9 trillion levels for most of the month, largely due to the increase in government balances due to reduced government spending, festival season cash demand as well as muted deposit growth in the banking system, thereby necessitating the RBI to shore up the systemic liquidity through the reduction in the cash reserve ratio (CRR). In its third quarter review of the Monetary Policy, the RBI cut the repo rate by 25 bps to 7.75%, largely along expected lines as well as the CRR by 25 bps from 4.25% to 4%. This reduction in the CRRwould inject primary liquidity of around Rs.180 billion into the banking system. The RBI stated that both WPI inflation and its core component, nonfood manufactured products inflation, had softened through the third quarter. Moreover, several indicators such as the weaker pricing power of corporate India, excess capacity in some sectors, the possibility of international commodity prices stabilizing as well as inflation momentum measures suggested that inflationary pressures had peaked. The RBI believed that growth had decelerated significantly below trend and overall economic activity remained tepid due to subdued investment activity, lower external demand due to subpar global growth and decelerating consumption demand. However, the RBI conceded that the series of policy measures announced by the Government had boosted market sentiment though the investment outlook remained muted, especially in terms of demand for new projects. The RBI also stated that the three broad contours of their monetary policy stance were to provide an appropriate interest rate environment to support growth as inflation risks moderate; contain inflation and anchor inflation expectations as well as to continue to manage liquidity to ensure adequate flow of credit to the productive sectors of the economy. The RBI was concerned about the widening of the Current Account Deficit (CAD) to historically high levels, especially in the context of a large fiscal deficit and slowing growth. The RBI opined that financing the CAD with increasingly risky and volatile flows increased the economy s vulnerability to sudden shifts in risk appetite and liquidity preference, potentially threatening macroeconomic and exchange rate stability. Moreover, large fiscal deficits accentuate the CAD risk, further crowding out private investment and stunting growth impulses. The Government, in a bid to reduce the CAD and lower external vulnerability, increased the import duty on gold to 6% from 4%, proposed the linking of Gold exchange traded fund with the Gold Deposit Scheme (GDS) and reducing the minimum threshold of gold quantum and tenure to avail of GDS for retail investors. The RBI notified the FII limit increases for Rupee-denominated Government and corporate bonds by USD 5 billion each. The three-year residual maturity restrictions in G-secs have been removed for the new USD 5 billion, though the limits are not extended to short-term papers like Treasury bills. The rally in G-secs could sustain if the RBI continues to favour the OMO route to offset liquidity pressures, broadly seen prevailing in the system till March 2013. The RBIs policy response in the quarter monetary policy review on March 19 2013 and their view on the Government s fiscal consolidation initiatives in the Union budget for FY2014 would provide cues for the G-sec market in the medium term. In the near term, the increased G-sec supply through four weekly auctions in February 2013 would keep the G-secs under pressure and the benchmark 10-year G-sec may trade in the range of 7.75-7.95%.
Market Outlook - Fund Assure, Investment Report, January 2013 T he month of January 2013 saw the benchmark indices; BSE Sensex and CNX Nifty gain 2.41% and 2.20% respectively, even as the -cap index, CNX-cap shed 1.66% during the same period. FIIs were net buyers with net inflow of around USD 4 billion in January 2013 even as the DIIs were net sellers to the tune of around USD 3.2 billion, with domestic mutual funds net sellers of USD 0.8 billion and Insurance companies net sellers of around USD 2.4 billion over the month. The Indian macro fundamentals remain muted as India s exports fell by 1.9%, to USD 24.9 billion in December 2012, while imports rose by 6.3% to USD 42.5 billion, leaving a trade deficit of USD 17.6 billion. In recent months, the sharp moderation in exports due to the weak global macro environment has brought the current account deficit concerns in focus and prevented a sharp appreciation of the INR despite robust FII inflows. The weak industrial production is led by a contraction in the output of key sectors such as natural gas, coal and fertilizer, which in turn have resulted in the muted core sector growth in December 2012 of 2.7%. Standard & Poors (S&P) acknowledged the government s initiatives in recent months to pursue the reforms agenda by stating that the credit rating downgrade risk has receded for India, though there still exists a 1/3 rd chance of a rating downgrade. It is believed by market watchers that the likelihood of a rating downgrade has diminished compared to April 2012. The rating agencies would like to see the reforms agenda carried forward into the next fiscal through a fiscally prudent Union budget for FY2014 and may revisit their stance post the upcoming Budget.A credible fiscal consolidation effort through reining in subsidies could nudge rating agencies to consider the possibility of even an upgrade, post the Union budget. In terms of valuations based on one year forward earnings, the Indian equity markets are trading marginally higher than the long term average. The consensus earnings growth estimates for MSCI India index are at 10% and 16% year on year for FY13E and FY14 E respectively. The Indian equity market has seen downward earnings revisions since 2011 but this trend seems to be reversing, albeit slowly, in recent months. The profit margins of corporate India seems to have stabilized to an extent, despite a slowdown in revenues, thereby indicating a shift in corporate focus from growth to profitability. The profit margins are expected to trend up in the coming months as the economic recovery gets underway,aided by improved business confidence and lower interest rates. A slew of reforms since September 2012 such as liberalization of FDI in retail, aviation and broadcasting, deferment of general anti-avoidance rules (GAAR), setting up of the Cabinet Committee on Investment as well as some credible measures for fiscal consolidation have led to a positive market sentiment which, in due course, should spur investment. Further reforms such as hike in FDI in insurance sector, augmenting energy availability through coal linkages and fast tracking key infra projects stuck in inter-ministerial disputes are critical for raising the potential growth path to 8% by FY2015. In the interim, however, the market experts estimate the GDP growth to recover to 6.5% levels in FY 2014, driven by an enabling policy environment, continued government effort to kick start the investment cycle and a favourable base effect in agriculture growth. Asustained investment cycle requires the recovery in capex cycle, which could be led by the cash-rich public sector undertakings. The market offers the comfort of reasonable valuations at around 15 times one year forward price earnings.we believe that the Indian equities offer an attractive entry point for a long term investor with a 3-5 year view.
Fund Assure, Investment Report, January 2013 Fund Whole Life Cap Fund Pension Cap Income Fund Future Pension Fund Select Fund Future Select Fund Top 50 Fund Top 200 Fund Infrastructure Fund Super Select Fund Super Select Pension Fund
Fund ULIF 001 04/02/04 TEL 110 Investment Objective : The primary investment objective of the Fund is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity linked securities NAV as on 31 Jan, 13 : `34.4596 Benchmark : BSE Sensex - 100% Corpus as on 31 Jan, 13 : `2,607.46 Crs. 98.06 ITC Ltd. 9.15 ICICI Bank Ltd. 9.06 HDFC Bank Ltd. 8.16 Infosys Technologies Ltd. 7.28 Reliance Industries Ltd. 6.27 Larsen and Toubro Ltd. 5.76 Sun Industries Ltd. 4.76 HDFC Ltd. 4.42 Oil and Natural Gas Corpn Ltd. 4.19 State Bank of India 3.71 Tata Consultancy Services Ltd. 3.69 Tata Motors Ltd. 3.14 Mahindra and Mahindra Ltd. 2.86 Bharti Airtel Ltd. Telecomm-Service 2.54 Nestle India Ltd. FMCG 2.45 Asian Paints Ltd. Paints/Varnish 2.08 Tata Steel Ltd. Steel 1.65 Axis Bank Ltd. 1.61 Dr. Reddys Laboratories Ltd. 1.55 NMDC Ltd. Mining & Mineral Products 1.42 Sterlite Industries ( India ) Ltd. Non Ferrous Metals 1.42 Coal India Ltd Mining & Mineral Products 1.39 IndusInd Bank Ltd. 1.38 Cipla Ltd. 1.04 Other below 1% corpus 7.09 CD/CP's 0.48 Indiabulls Fin. Services Ltd. CP 17- JUL-13 A1+ 0.48 0.07 Birla Sun Life Cash Plus - Growth - Direct Plan 0.07 1.38 Fund Performance Sector Allocation Period Date NAV BSE Sensex NAV 23.91% Last 6 Months 31-Jul-12 30.0129 17236.18 14.82% 15.43% 11.68% Last 1 Year 31-Jan-12 29.6195 17193.55 16.34% 15.71% Last 2 Years 31-Jan-11 32.6614 18327.76 2.72% 4.19% Last 3 Years 29-Jan-10 28.6610 16357.96 6.33% 6.74% Last 4 Years 30-Jan-09 16.7370 9424.24 19.79% 20.54% Last 5 Years 31-Jan-08 36.0370 17648.71-0.89% 2.43% Since Inception 02-Mar-04 10.0000 5823.17 14.87% 14.76% Note : The investment income and prices may go down as well as up. Since FMCG 9.15% 8.01% 6.88% 6.33% 6.27% 5.38% 4.19% 3.26% 98.06% 1.38% 0.48% 0.07% CD/CP's Mining & Mineral Products 2.81% Telecomm-Service 2.54% Steel 2.43% Paints/Varnish 2.08% Non Ferrous Metals 1.42% Capital Goods - Electrical 0.92% Cement 0.81% CD/CP's 0.48% 0.07% 1.38% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00%
Whole Life Cap Fund ULIF 009 04/01/07 WLE 110 Investment Objective : The primary investment objective of the Fund is to generate long term capital appreciation from a portfolio that is invested predominantly in Cap and Cap linked securities. NAV as on 31 Jan, 13 : `15.5173 Benchmark : NSE CNX MIDCAP-100% Corpus as on 31 Jan, 13 : `1,920.51 Crs. 95.44 Shree Cements Ltd. Cement 4.41 IndusInd Bank Ltd. 4.04 Nestle India Ltd. FMCG 3.64 Glaxosmithkline Consumer Healthcare FMCG Ltd. 3.58 Yes Bank Ltd. 3.34 The Federal Bank Ltd. 3.23 Divi's Laboratories Ltd. 3.06 Asian Paints Ltd. Paints/Varnish 3.04 Cadila Healthcare Ltd. 2.89 Sun Industries Ltd. 2.84 Torrent Ltd. 2.74 Shriram Transport Co. Ltd. 2.57 Marico Ltd. FMCG 2.50 Colgate Palmolive (India) Ltd. FMCG 2.45 Lupin Ltd. 2.39 Titan Industries Ltd. Consumer Durables 2.37 Bosch Ltd. Auto Ancillaries 2.31 LIC Housing Ltd. 2.27 Petronet LNG Ltd. Gas Distribution 2.13 The Jammu and Kashmir Bank Ltd. 1.90 Tech Mahindra Ltd. 1.82 IPCA Laboratories Ltd. 1.74 Tata Consultancy Services Ltd. 1.68 Ultratech Cement Ltd. Cement 1.59 Chambal Fertilizers and Chemicals Ltd. Fertilizers 1.52 ING Vysya Bank Ltd. 1.45 WABCO India Ltd. Auto Ancillaries 1.39 Page Industries Ltd. Textiles 1.36 Bharat Electronics Ltd. Consumer Durables 1.29 Motherson Sumi Systems Ltd. Auto Ancillaries 1.18 Bharat Petroleum Corporation Ltd. 1.13 NMDC Ltd. Mining & Mineral Products 1.09 Coal India Ltd Mining & Mineral Products 1.07 Exide Industries Ltd. Auto Ancillaries 1.05 Rallis India Ltd. Agro Chemicals 1.02 Other below 1% corpus 17.36 CD/CP's 0.64 Indiabulls Fin. Services Ltd. CP 17-JUL- 13 A1+ 0.42 Cholamandalam Invest & Fin. Co. Ltd CP A1+ 10-Oct-13 0.21 Fixed Deposit 1.56 10.25% Saraswat Co-Op Bank Ltd. FD 09-Apr-13 0.99 10.25% Saraswat Co-Op Bank Ltd. FD 05-Apr-13 0.57 1.88 UTI- Liquid Fund-Cash Plan-Inst Growth 1.16 Reliance Liquid Fund-Treasury Plan -Growth Option 0.73 0.47 Fund Performance Sector Allocation Period Date NAV NSE CNX MIDCAP NAV Last 6 Months 31-Jul-12 13.4248 7168.50 15.59% 16.67% Last 1 Year 31-Jan-12 12.5780 7100.55 23.37% 17.79% Last 2 Years 31-Jan-11 13.4128 7922.50 7.56% 2.75% Last 3 Years 29-Jan-10 11.8340 7201.85 9.45% 5.11% Last 4 Years 30-Jan-09 6.2010 3357.35 25.77% 25.63% Last 5 Years 31-Jan-08 13.4340 7308.05 2.93% 2.74% Since Inception 08-Jan-07 10.0000 5156.45 7.51% 8.30% Note : The investment income and prices may go down as well as up. Since FMCG Cement Auto Ancillaries Consumer Durables Paints/Varnish Mining & Mineral Products Gas Distribution Fertilizers Capital Goods - Electrical Entertainment Agro Chemicals Textiles Non Ferrous Metals Miscellaneous Diamond, Gems and Jewellery Fixed Deposit CD/CP's 6.88% 6.00% 5.93% 4.85% 3.66% 3.04% 2.15% 2.13% 2.06% 1.92% 1.70% 1.64% 1.36% 1.13% 0.99% 0.92% 0.80% 2.92% 1.88% 1.56% 0.64% 0.47% 12.17% 16.88% 16.32% 95.44% 1.88% 1.56% 0.64% 0.47% Fixed Deposit CD/CP's 0.00% 4.00% 8.00% 12.00% 16.00% 20.00%
Cap Fund ULIF 017 07/01/08 TLC 110 Investment Objective : The primary investment objective of the Fund is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity linked securities. NAV as on 31 Jan, 13 : `12.0870 Benchmark : S&P CNX Nifty-100% Corpus as on 31 Jan, 13 : `972.39 Crs. 98.56 ICICI Bank Ltd. 8.67 ITC Ltd. 8.60 HDFC Bank Ltd. 8.46 HDFC Ltd. 7.20 Infosys Technologies Ltd. 5.61 Larsen and Toubro Ltd. 5.37 Reliance Industries Ltd. 4.77 State Bank of India 4.39 Tata Consultancy Services Ltd. 3.94 Sun Industries Ltd. 3.26 Tata Motors Ltd. 3.11 Oil and Natural Gas Corpn Ltd. 2.96 Mahindra and Mahindra Ltd. 2.70 Ultratech Cement Ltd. Cement 1.93 HCL Technologies Ltd. 1.91 Asian Paints Ltd. Paints/Varnish 1.80 Axis Bank Ltd. 1.79 Dr. Reddys Laboratories Ltd. 1.77 Coal India Ltd Mining & Mineral Products 1.75 Divi's Laboratories Ltd. 1.70 Bharti Airtel Ltd. Telecomm-Service 1.64 NMDC Ltd. Mining & Mineral Products 1.59 Cairn India Ltd. 1.46 Cipla Ltd. 1.42 Hindustan Unilever Ltd. FMCG 1.32 Bajaj Auto Ltd. 1.27 Tata Steel Ltd. Steel 1.25 Maruti Suzuki India Ltd. 1.04 Other below 1% corpus 5.89 0.83 Birla Sun Life Cash Plus - Growth - Direct Plan 0.83 0.61 Fund Performance Sector Allocation Period Date NAV S&P CNX Nifty NAV Last 6 Months 31-Jul-12 10.5408 5229.00 14.67% 15.41% Last 1 Year 31-Jan-12 10.2167 5199.25 18.31% 16.07% Last 2 Years 31-Jan-11 10.9437 5505.90 5.09% 4.69% Last 3 Years 29-Jan-10 9.5290 4882.05 8.25% 7.32% Last 4 Years 30-Jan-09 5.6740 2874.80 20.81% 20.37% Last 5 Years 31-Jan-08 10.0870 5137.45 3.68% 3.27% Since Inception 07-Jan-08 10.0000 6279.10 3.81% -0.78% Note : The investment income and prices may go down as well as up. Since Mining & Mineral Products Cement Steel Paints/Varnish Telecomm-Service Non Ferrous Metals FMCG Consumer Durables Capital Goods - Electrical Power Generation & Distribution Diamond, Gems and Jewellery 11.46% 8.60% 8.15% 8.12% 7.20% 5.62% 4.77% 4.42% 3.33% 2.84% 1.85% 1.80% 1.64% 1.43% 1.32% 0.88% 0.45% 0.33% 0.32% 0.83% 0.61% 24.03% 98.56% 0.83% 0.61% 0.00% 10.00% 20.00% 30.00%
Future Pension Fund ULIF 020 04/02/08 FEP 110 Investment Objective : The primary investment objective of the Fund is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity linked securities. NAV as on 31 Jan, 13 : `13.5072 Benchmark : S&P CNX Nifty-100% Corpus as on 31 Jan, 13 : `238.84 Crs. 96.48 ICICI Bank Ltd. 8.08 Reliance Industries Ltd. 7.85 ITC Ltd. 7.21 HDFC Bank Ltd. 6.73 Infosys Technologies Ltd. 6.72 HDFC Ltd. 4.12 State Bank of India 3.67 Larsen and Toubro Ltd. 3.45 Tata Consultancy Services Ltd. 3.38 Oil and Natural Gas Corpn Ltd. 3.20 Tata Motors Ltd. 2.87 Sun Industries Ltd. 2.86 Bharti Airtel Ltd. Telecomm-Service 2.21 Mahindra and Mahindra Ltd. 1.91 Hindustan Unilever Ltd. FMCG 1.69 Coal India Ltd Mining & Mineral Products 1.63 HCL Technologies Ltd. 1.30 Axis Bank Ltd. 1.27 Tata Steel Ltd. Steel 1.23 Dr. Reddys Laboratories Ltd. 1.20 Jindal Steel and Power Ltd. Steel 1.20 Bajaj Auto Ltd. 1.19 Power Grid Corporation of India Ltd. Power Generation & Distribution 1.18 Nestle India Ltd. FMCG 1.15 Sterlite Industries ( India ) Ltd. Non Ferrous Metals 1.05 Other below 1% corpus 18.15 3.46 Birla Sun Life Cash Plus - Growth - Direct Plan 3.12 Reliance Liquid Fund-Treasury Plan -Growth Option 0.34 0.07 Fund Performance Sector Allocation Period Date NAV S&P CNX Nifty NAV Last 6 Months 31-Jul-12 11.7278 5229.00 15.17% 15.41% Last 1 Year 31-Jan-12 11.6384 5199.25 16.06% 16.07% Last 2 Years 31-Jan-11 12.5848 5505.90 3.60% 4.69% Last 3 Years 29-Jan-10 10.7750 4882.05 7.82% 7.32% Last 4 Years 30-Jan-09 6.2980 2874.80 21.02% 20.37% Since Inception 04-Feb-08 10.0000 5463.50 6.20% 2.01% Note : The investment income and prices may go down as well as up. Since FMCG Mining & Mineral Products Power Generation & Distribution Steel Cement Telecomm-Service Non Ferrous Metals Capital Goods - Electrical Auto Ancillaries Entertainment Castings, Forgings & Fastners Other Financial Activities Trading 11.40% 8.19% 7.66% 7.21% 6.08% 4.74% 3.88% 3.78% 2.84% 2.60% 2.51% 2.43% 2.37% 2.21% 1.80% 1.11% 0.90% 0.82% 0.72% 0.62% 0.39% 3.46% 0.07% 22.22% 96.48% 3.46% 0.07% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00%
Select Fund ULIF 024 06/10/08 TSE 110 Investment Objective : The primary investment objective of the fund is to provide income distribution over a period of medium to long term while at all times emphasizing the importance of capital appreciation. The fund will invest significant amount in equity and equity linked instruments specifically excluding companies predominantly dealing in Gambling, Lotteries/Contests, Animal Produce, Liquor, Tobacco, Entertainment (Films, TV etc) Hotels, and Financial Institutions. NAV as on 31 Jan, 13 : `19.2028 Benchmark : S & P India 500 Shariah Index - 100% Corpus as on 31 Jan, 13 : `218.64 Crs. 97.34 Reliance Industries Ltd. 8.11 Infosys Technologies Ltd. 8.10 Tata Consultancy Services Ltd. 4.30 Sun Industries Ltd. 3.84 Oil and Natural Gas Corpn Ltd. 3.79 Hindustan Unilever Ltd. FMCG 3.32 Dr. Reddys Laboratories Ltd. 2.89 Asian Paints Ltd. Paints/Varnish 2.67 Coal India Ltd Mining & Mineral Products 2.51 Glaxosmithkline Consumer Healthcare Ltd. FMCG 2.41 Motherson Sumi Systems Ltd. Auto Ancillaries 2.37 HCL Technologies Ltd. 2.36 Godrej Consumer Products Ltd. FMCG 2.28 NMDC Ltd. Mining & Mineral Products 2.12 Bosch Ltd. Auto Ancillaries 2.12 Cadila Healthcare Ltd. 2.06 Torrent Ltd. 2.02 Titan Industries Ltd. Consumer Durables 1.92 Bajaj Auto Ltd. 1.90 Cipla Ltd. 1.86 Hero Motocorp Ltd. 1.80 Lupin Ltd. 1.80 Divi's Laboratories Ltd. 1.68 Oracle Financial Services Software Ltd. 1.64 Castrol India Ltd. Chemicals 1.53 Maruti Suzuki India Ltd. 1.52 Ambuja Cements Ltd. Cement 1.45 Bharat Heavy Electricals Ltd. Capital Goods - Electrical 1.41 Cummins India Ltd. Capital Goods-Non Electrical 1.34 Wipro Ltd. 1.32 Marico Ltd. FMCG 1.30 Jindal Steel and Power Ltd. Steel 1.27 GAIL (India) Ltd. Gas Distribution 1.22 Sterlite Industries ( India ) Ltd. Non Ferrous Metals 1.15 Shree Cements Ltd. Cement 1.12 Colgate Palmolive (India) Ltd. FMCG 1.11 Thermax Ltd. Capital Goods-Non Electrical 1.07 Exide Industries Ltd. Auto Ancillaries 1.07 Gujarat Gas Co. Ltd. Gas Distribution 1.00 Other below 1% corpus 8.61 (Non Interest Bearing 2.66 Fund Performance Sector Allocation Period Date NAV S & P India 500 Shariah Index NAV Last 6 Months 31-Jul-12 17.0807 1215.84 12.42% 13.02% Last 1 Year 31-Jan-12 16.5919 1214.33 15.74% 13.16% Last 2 Years 31-Jan-11 17.5919 1294.22 4.48% 3.04% Last 3 Years 29-Jan-10 15.1660 1198.63 8.18% 4.66% Last 4 Years 30-Jan-09 10.0560 648.91 17.55% 20.63% Since Inception 06-Oct-08 10.0000 844.46 16.29% 11.92% Note : The investment income and prices may go down as well as up. Since 17.72% 97.34% 16.15% FMCG 10.42% 8.11% Auto Ancillaries 6.80% 5.22% Mining & Mineral Products 4.62% 4.29% Cement 3.44% Capital Goods - Electrical 3.37% 2.95% Paints/Varnish 2.67% Gas Distribution 2.22% Consumer Durables 1.92% Steel 1.57% Chemicals 1.53% Miscellaneous 1.48% Non Ferrous Metals 1.15% Power Generation & Distribution 0.97% Fertilizers 0.61% Agro Chemicals 0.15% 2.66% (Non interest bearing) 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 2.66% (Non Interest Bearing)
Future Select Fund ULIF 023 06/10/08 FSE 110 Investment Objective : The primary investment objective of the fund is to provide income distribution over a period of medium to long term while at all times emphasizing the importance of capital appreciation. The fund will invest significant amount in equity and equity linked instruments specifically excluding companies predominantly dealing in Gambling, Lotteries/Contests, Animal Produce, Liquor, Tobacco, Entertainment (Films, TV etc) Hotels, and Financial Institutions. NAV as on 31 Jan, 13 : `18.5051 Benchmark : S & P India 500 Shariah Index - 100% Corpus as on 31 Jan, 13 : `32.40 Crs. 97.98 Reliance Industries Ltd. 8.89 Infosys Technologies Ltd. 8.22 Tata Consultancy Services Ltd. 4.36 Sun Industries Ltd. 3.99 Oil and Natural Gas Corpn Ltd. 3.67 HCL Technologies Ltd. 3.18 Dr. Reddys Laboratories Ltd. 2.99 Hindustan Unilever Ltd. FMCG 2.93 Glaxosmithkline Consumer Healthcare Ltd. FMCG 2.91 Lupin Ltd. 2.80 Asian Paints Ltd. Paints/Varnish 2.78 Coal India Ltd Mining & Mineral Products 2.73 Bajaj Auto Ltd. 2.50 Cadila Healthcare Ltd. 2.27 Cipla Ltd. 2.26 Godrej Consumer Products Ltd. FMCG 2.20 Maruti Suzuki India Ltd. 1.95 Torrent Ltd. 1.94 Divi's Laboratories Ltd. 1.94 Titan Industries Ltd. Consumer Durables 1.94 Castrol India Ltd. Chemicals 1.78 Hero Motocorp Ltd. 1.69 NMDC Ltd. Mining & Mineral Products 1.55 Oracle Financial Services Software Ltd. 1.48 Bharat Heavy Electricals Ltd. Capital Goods - Electrical 1.46 Sterlite Industries ( India ) Ltd. Non Ferrous Metals 1.41 Marico Ltd. FMCG 1.40 Motherson Sumi Systems Ltd. Auto Ancillaries 1.37 Ultratech Cement Ltd. Cement 1.17 Jindal Steel and Power Ltd. Steel 1.17 Exide Industries Ltd. Auto Ancillaries 1.14 Ambuja Cements Ltd. Cement 1.10 NTPC Ltd. Power Generation & Distribution 1.09 Wipro Ltd. 1.06 GAIL (India) Ltd. Gas Distribution 1.00 Other below 1% corpus 11.66 (Non interest bearing) 2.02 Fund Performance Sector Allocation Period Date NAV S & P India 500 Shariah Index NAV Last 6 Months 31-Jul-12 16.4982 1215.84 12.16% 13.02% Last 1 Year 31-Jan-12 16.1310 1214.33 14.72% 13.16% Last 2 Years 31-Jan-11 17.1525 1294.22 3.87% 3.04% Last 3 Years 29-Jan-10 14.9610 1198.63 7.34% 4.66% Last 4 Years 30-Jan-09 9.9460 648.91 16.79% 20.63% Since Inception 06-Oct-08 10.0000 844.46 15.30% 11.92% Note : The investment income and prices may go down as well as up. Since 18.30% 18.20% FMCG 9.85% 8.89% 6.14% Auto Ancillaries 5.04% Mining & Mineral Products 4.28% 4.27% Paints/Varnish 2.78% Capital Goods - Electrical 2.63% Cement 2.28% Non Ferrous Metals 2.20% 2.18% Consumer Durables 1.94% Chemicals 1.78% Gas Distribution 1.73% Steel 1.57% Miscellaneous 1.49% Power Generation & Distribution 1.09% Fertilizers 0.77% Logistics 0.58% 2.02% (Non interest bearing) 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 97.98% 2.02% (Non Interest Bearing)
Top 50 Fund ULIF 026 12/01/09 ITF 110 Investment Objective : The Top 50 fund will invest primarily in select stocks and equity linked instruments which are a part of Nifty 50 Index with a focus on generating long term capital appreciation. The fund will not replicate the index but aim to attain performance better than the performance of the Index. As a defensive strategy arising out of market conditions, the scheme may also invest in debt and money market instruments. NAV as on 31 Jan, 13 : `18.5974 Benchmark : S&P CNX Nifty-100% Corpus as on 31 Jan, 13 : `87.74 Crs. 94.25 ICICI Bank Ltd. 7.81 Reliance Industries Ltd. 7.58 ITC Ltd. 7.54 Infosys Technologies Ltd. 7.31 HDFC Bank Ltd. 5.86 HDFC Ltd. 4.66 Larsen and Toubro Ltd. 4.04 State Bank of India 3.47 Oil and Natural Gas Corpn Ltd. 3.29 Tata Consultancy Services Ltd. 3.06 Tata Motors Ltd. 2.89 Sun Industries Ltd. 2.21 Hindustan Unilever Ltd. FMCG 2.16 Bharti Airtel Ltd. Telecomm-Service 2.01 Coal India Ltd Mining & Mineral Products 1.66 HCL Technologies Ltd. 1.65 Tata Steel Ltd. Steel 1.62 Axis Bank Ltd. 1.59 Mahindra and Mahindra Ltd. 1.57 Kotak Mahindra Bank Ltd. 1.55 Dr. Reddys Laboratories Ltd. 1.53 Bajaj Auto Ltd. 1.39 Maruti Suzuki India Ltd. 1.35 Cipla Ltd. 1.21 Jindal Steel and Power Ltd. Steel 1.11 Power Grid Corporation of India Ltd. Power Generation & Distribution 1.07 Ambuja Cements Ltd. Cement 1.05 Grasim Industries Ltd. Cement 1.03 Other below 1% corpus 10.99 5.33 Birla Sun Life Cash Plus - Growth - Direct Plan 4.49 Reliance Liquid Fund-Treasury Plan -Growth Option 0.84 0.42 Fund Performance Sector Allocation Period Date NAV S&P CNX Nifty NAV Last 6 Months 31-Jul-12 16.2327 5229.00 14.57% 15.41% Last 1 Year 31-Jan-12 15.9141 5199.25 16.86% 16.07% Last 2 Years 31-Jan-11 16.6861 5505.90 5.57% 4.69% Last 3 Years 29-Jan-10 14.9060 4882.05 7.65% 7.32% Last 4 Years 30-Jan-09 10.0200 2874.80 16.72% 20.37% Since Inception 12-Jan-09 10.0000 2773.10 16.53% 21.14% Note : The investment income and prices may go down as well as up. Since Cement Steel Power Generation & Distribution FMCG Telecomm-Service Mining & Mineral Products Non Ferrous Metals Capital Goods - Electrical Infrastructure Devp & Operators Gas Distribution Consumer Durables 8.05% 8.03% 7.54% 5.63% 4.94% 4.04% 3.77% 2.98% 2.73% 2.54% 2.16% 2.01% 1.66% 1.47% 0.91% 0.50% 0.39% 0.11% 5.33% 0.42% 12.80% 22.00% 94.25% 5.33% 0.42% 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 24.00%
Top 200 Fund ULIF 027 12/01/09 ITT 110 Investment Objective : The Top 200 fund will invest primarily in select stocks and equity linked instruments which are a part of BSE 200 Index with a focus on generating long term capital appreciation. The fund will not replicate the index but aim to attain performance better than the performance of the Index. As a defensive strategy arising out of market conditions, the scheme may also invest in debt and money market instruments. NAV as on 31 Jan, 13 : `20.4291 Benchmark : BSE 200-100% Corpus as on 31 Jan, 13 : `158.41 Crs. 95.35 ICICI Bank Ltd. 5.68 Reliance Industries Ltd. 5.37 ITC Ltd. 3.79 Infosys Technologies Ltd. 3.52 HDFC Bank Ltd. 3.25 HDFC Ltd. 2.91 Bharti Airtel Ltd. Telecomm-Service 2.10 IndusInd Bank Ltd. 2.09 Oil and Natural Gas Corpn Ltd. 2.09 Tata Consultancy Services Ltd. 2.08 Mahindra and Mahindra Ltd. 2.05 Sun Industries Ltd. 2.04 State Bank of India 1.99 Tata Motors Ltd. 1.93 Axis Bank Ltd. 1.90 The Federal Bank Ltd. 1.79 NMDC Ltd. Mining & Mineral Products 1.75 Larsen and Toubro Ltd. 1.75 Maruti Suzuki India Ltd. 1.75 Nestle India Ltd. FMCG 1.62 Shriram Transport Co. Ltd. 1.50 Petronet LNG Ltd. Gas Distribution 1.47 Tata Steel Ltd. Steel 1.46 Coal India Ltd Mining & Mineral Products 1.45 LIC Housing Ltd. 1.36 Dr. Reddys Laboratories Ltd. 1.33 HCL Technologies Ltd. 1.30 Power Corporation Ltd. 1.26 Zee Entertainment Enterprises Ltd. Entertainment 1.25 Motherson Sumi Systems Ltd. Auto Ancillaries 1.22 Bajaj Auto Ltd. 1.20 Jindal Steel and Power Ltd. Steel 1.18 Divi's Laboratories Ltd. 1.10 Titan Industries Ltd. Consumer Durables 1.06 Hathway Cable and Datacom Ltd. Media - Print/Television/Radio 1.03 Other below 1% corpus 24.75 4.25 Birla Sun Life Cash Plus - Growth - Direct Plan 4.25 0.40 Fund Performance Sector Allocation Period Date NAV BSE 200 NAV Last 6 Months 31-Jul-12 17.7540 2114.47 15.07% 16.39% Last 1 Year 31-Jan-12 17.4574 2097.94 17.02% 17.31% Last 2 Years 31-Jan-11 18.7022 2270.22 4.51% 4.12% Last 3 Years 29-Jan-10 16.4470 2065.21 7.49% 6.02% Last 4 Years 30-Jan-09 10.0180 1107.06 19.50% 22.11% Since Inception 12-Jan-09 10.0000 1091.37 19.27% 22.21% Note : The investment income and prices may go down as well as up. Since Mining & Mineral Products FMCG Steel Telecomm-Service Auto Ancillaries Gas Distribution Media - Print/Television/Radio Power Generation & Distribution Non Ferrous Metals Consumer Durables Entertainment 7.92% 7.62% 7.03% 6.92% 5.63% 3.79% 3.20% 3.05% 2.74% 2.63% 2.50% 2.46% 2.35% 2.03% 2.02% 1.77% 1.52% 1.46% 1.25% 8.25% 4.25% 0.40% 19.21% 95.35% 4.25% 0.40% 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 24.00%
Infrastructure Fund ULIF 034 16/10/09 TIS 110 Investment Objective : The Investment Objective of the Scheme is to provide long-term capital appreciation by investing predominantly in a diversified basket of equity and equity related securities of companies engaged in or expected to benefit directly or indirectly from the growth and development of infrastructure. NAV as on 31 Jan, 13 : `9.4161 Benchmark : S&P CNX Nifty-100% Corpus as on 31 Jan, 13 : `44.74 Crs. 93.67 Reliance Industries Ltd. 6.34 ICICI Bank Ltd. 5.59 Larsen and Toubro Ltd. 5.17 HDFC Ltd. 3.87 Oil and Natural Gas Corpn Ltd. 3.04 Bharti Airtel Ltd. Telecomm-Service 2.66 HDFC Bank Ltd. 2.52 Coal India Ltd Mining & Mineral Products 2.37 Tata Steel Ltd. Steel 2.26 Power Grid Corporation of India Ltd. Power Generation & Distribution 2.22 Cummins India Ltd. 2.19 Tata Motors Ltd. 2.16 Axis Bank Ltd. 2.02 Shree Cements Ltd. Cement 2.00 Mahindra and Mahindra Ltd. 1.99 Petronet LNG Ltd. Gas Distribution 1.87 Asian Paints Ltd. Paints/Varnish 1.81 AIA Engineering Ltd. Miscellaneous 1.78 Motherson Sumi Systems Ltd. Auto Ancillaries 1.66 Jindal Steel and Power Ltd. Steel 1.64 State Bank of India 1.63 Bharat Heavy Electricals Ltd. Capital Goods - Electrical 1.46 Shriram Transport Co. Ltd. 1.41 NMDC Ltd. Mining & Mineral Products 1.38 Tata Power Co. Ltd. Power Generation & Distribution 1.36 Power Corporation Ltd. 1.29 Sterlite Industries ( India ) Ltd. Non Ferrous Metals 1.27 NTPC Ltd. Power Generation & Distribution 1.23 Ambuja Cements Ltd. Cement 1.14 IDFC Ltd. 1.14 Cairn India Ltd. 1.08 Bharat Forge Ltd. Castings, Forgings & Fastners 1.07 Container Corporation of India Ltd. Logistics 1.04 Other below 1% corpus 22.02 6.06 Birla Sun Life Cash Plus - Growth - Direct Plan 4.47 Reliance Liquid Fund-Treasury Plan -Growth Option 1.59 0.28 Fund Performance Sector Allocation Period Date NAV S&P CNX Nifty NAV Last 6 Months 31-Jul-12 8.4058 5229.00 12.02% 15.41% Last 1 Year 31-Jan-12 8.4598 5199.25 11.30% 16.07% Last 2 Years 31-Jan-11 10.2260 5505.90-4.04% 4.69% Last 3 Years 29-Jan-10 9.8600 4882.05-1.52% 7.32% Since Inception 16-Oct-09 10.0000 5142.15-1.81% 4.98% Note : The investment income and prices may go down as well as up. Since Power Generation & Distribution Steel Capital Goods - Electrical Cement Mining & Mineral Products Gas Distribution Telecomm-Service Auto Ancillaries Miscellaneous Non Ferrous Metals Infrastructure Devp & Operators Paints/Varnish Castings, Forgings & Fastners Logistics 9.43% 8.46% 6.80% 6.08% 4.89% 4.83% 4.72% 4.27% 4.15% 3.75% 3.14% 2.66% 2.35% 2.26% 2.18% 1.97% 1.81% 1.07% 1.04% 4.28% 6.06% 0.28% 13.52% 93.67% 6.06% 0.28% 0.00% 4.00% 8.00% 12.00% 16.00%
Super Select Fund ULIF 035 16/10/09 TSS 110 Investment Objective : The primary investment objective of the fund is to provide income distribution over a period of medium to long term while at all times emphasizing the importance of capital appreciation NAV as on 31 Jan, 13 : `12.4733 Benchmark : S & P India 500 Shariah Index - 100% Corpus as on 31 Jan, 13 : `515.40 Crs. 94.21 Reliance Industries Ltd. 8.43 Infosys Technologies Ltd. 7.14 Oil and Natural Gas Corpn Ltd. 4.35 Tata Consultancy Services Ltd. 4.04 Sun Industries Ltd. 3.99 Hindustan Unilever Ltd. FMCG 3.32 HCL Technologies Ltd. 2.54 Cadila Healthcare Ltd. 2.52 Dr. Reddys Laboratories Ltd. 2.49 Coal India Ltd Mining & Mineral Products 2.40 Asian Paints Ltd. Paints/Varnish 2.24 Glaxosmithkline Consumer Healthcare Ltd. FMCG 2.11 NMDC Ltd. Mining & Mineral Products 2.10 Godrej Consumer Products Ltd. FMCG 2.07 Bosch Ltd. Auto Ancillaries 1.92 Titan Industries Ltd. Consumer Durables 1.90 Bajaj Auto Ltd. 1.89 Torrent Ltd. 1.87 Motherson Sumi Systems Ltd. Auto Ancillaries 1.85 Cipla Ltd. 1.84 Lupin Ltd. 1.70 Hero Motocorp Ltd. 1.68 Ambuja Cements Ltd. Cement 1.59 Cummins India Ltd. Capital Goods-Non Electrical 1.52 Divi's Laboratories Ltd. 1.49 Jindal Steel and Power Ltd. Steel 1.43 GAIL (India) Ltd. Gas Distribution 1.33 Maruti Suzuki India Ltd. 1.28 Shree Cements Ltd. Cement 1.26 Marico Ltd. FMCG 1.14 Bharat Heavy Electricals Ltd. Capital Goods - Electrical 1.09 Oracle Financial Services Software Ltd. 1.08 AIA Engineering Ltd. Miscellaneous 1.03 Other below 1% corpus 15.58 (Non interest bearing) 5.79 Fund Performance Sector Allocation Period Date NAV S & P India 500 Shariah Index NAV Last 6 Months 31-Jul-12 11.1458 1215.84 11.91% 13.02% Last 1 Year 31-Jan-12 10.9215 1214.33 14.21% 13.16% Last 2 Years 31-Jan-11 11.5054 1294.22 4.12% 3.04% Last 3 Years 29-Jan-10 9.9780 1198.63 7.72% 4.66% Since Inception 16-Oct-09 10.0000 1217.76 6.94% 3.73% Note : The investment income and prices may go down as well as up. Since 16.26% 15.90% FMCG 9.94% 8.43% Auto Ancillaries 5.59% 4.97% 4.84% Mining & Mineral Products 4.50% Cement 3.69% Capital Goods - Electrical 3.04% Gas Distribution 2.95% 2.78% Paints/Varnish 2.24% Consumer Durables 1.90% Miscellaneous 1.73% Steel 1.49% Non Ferrous Metals 1.37% Chemicals 0.82% Fertilizers 0.71% Power Generation & Distribution 0.68% 0.38% (Non interest bearing) 5.79% 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 94.21% 5.79% (Non Interest Bearing)
Super Select Pension Fund ULIF 037 04/01/10 FSS 110 Investment Objective : The primary investment objective of the fund is to provide income distribution over a period of medium to long term while at all times emphasizing the importance of capital appreciation. The fund will invest significant amount in equity and equity linked instruments specifically excluding companies predominantly dealing in Gambling, Lotteries/Contests, Animal Produce, Liquor, Tobacco, Entertainment (Films, TV etc) Hotels, and Financial Institutions. NAV as on 31 Jan, 13 : `11.6962 Benchmark : S & P India 500 Shariah Index - 100% Corpus as on 31 Jan, 13 : `28.55 Crs. 94.20 Reliance Industries Ltd. 7.45 Infosys Technologies Ltd. 6.84 Tata Consultancy Services Ltd. 4.24 Oil and Natural Gas Corpn Ltd. 3.87 Sun Industries Ltd. 3.65 Hindustan Unilever Ltd. FMCG 3.15 Dr. Reddys Laboratories Ltd. 3.02 Glaxosmithkline Consumer Healthcare Ltd. FMCG 2.64 HCL Technologies Ltd. 2.41 Asian Paints Ltd. Paints/Varnish 2.37 Coal India Ltd Mining & Mineral Products 2.35 Cadila Healthcare Ltd. 2.27 Bosch Ltd. Auto Ancillaries 2.27 NMDC Ltd. Mining & Mineral Products 2.16 Bajaj Auto Ltd. 2.13 Lupin Ltd. 2.12 Cummins India Ltd. 2.06 Motherson Sumi Systems Ltd. Auto Ancillaries 2.01 Hero Motocorp Ltd. 1.91 Godrej Consumer Products Ltd. FMCG 1.87 Divi's Laboratories Ltd. 1.84 Torrent Ltd. 1.79 Maruti Suzuki India Ltd. 1.66 Cipla Ltd. 1.64 Castrol India Ltd. Chemicals 1.33 Jindal Steel and Power Ltd. Steel 1.32 Exide Industries Ltd. Auto Ancillaries 1.29 Gujarat Gas Co. Ltd. Gas Distribution 1.20 GAIL (India) Ltd. Gas Distribution 1.20 Bharat Heavy Electricals Ltd. Capital Goods - Electrical 1.20 Marico Ltd. FMCG 1.19 Shree Cements Ltd. Cement 1.17 NTPC Ltd. Power Generation & Distribution 1.10 Sterlite Industries ( India ) Ltd. Non Ferrous Metals 1.10 AIA Engineering Ltd. Miscellaneous 1.02 Wipro Ltd. 1.01 Ultratech Cement Ltd. Cement 1.00 Other below 1% corpus 11.34 (Non interest bearing) 5.80 Fund Performance Sector Allocation Period Date NAV S & P India 500 Shariah Index NAV Last 6 Months 31-Jul-12 10.4915 1215.84 11.48% 13.02% Last 1 Year 31-Jan-12 10.3329 1214.33 13.19% 13.16% Last 2 Year 31-Jan-11 11.0207 1294.22 3.02% 3.04% Last 3 Year 29-Jan-10 10.0390 1198.63 5.22% 4.66% Since Inception 04-Jan-10 10.0000 1274.34 5.22% 2.48% Note : The investment income and prices may go down as well as up. Since 16.33% 94.20% 15.89% FMCG 9.80% 7.45% Auto Ancillaries 6.39% 5.71% Mining & Mineral Products 4.52% 4.32% 3.63% Cement 3.07% Gas Distribution 3.04% Capital Goods - Electrical 2.70% Paints/Varnish 2.37% Non Ferrous Metals 2.00% Miscellaneous 1.78% Steel 1.63% Chemicals 1.33% Power Generation & Distribution 1.10% Fertilizers 0.87% Diversified 0.28% 5.80% (Non interest bearing) 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 5.80% (Non Interest Bearing)
Fund Assure, Investment Report, January 2013 Liquid Fund Income Fund Short Term Fixed Income Fund Whole Life Short Term Fixed Income Fund Whole Life Income Fund Future Income Pension Fund Bond Fund Apex Investment Fund Apex Pension 10 Investment Fund Apex Pension 15 Investment Fund Apex Pension 20 Investment Fund Apex Plus Investment Fund Discontinued Policy Fund Apex Supreme Investment Fund Apex Supreme Investment Fund II Apex Supreme Investment Fund III Apex Pension Investment Fund
Liquid Fund ULIF 003 04/02/04 TLL 110 Investment Objective : The primary investment objective of the fund is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities. The fund will have no investments in equity or equity linked instruments at any point in time. NAV as on 31 Jan, 13 : `17.2887 Benchmark : CRISIL Liquid Fund Index -100% Corpus as on 31 Jan, 13 : `14.58 Crs. Sensivity CD/CP's 96.89 Bank of Baroda CD 27-Feb-13 A1+ 9.54 State Bank of Hyderabad CD 27-Feb-13 A1+ 9.54 Allahabad Bank CD 27-Feb-13 A1+ 9.54 Kotak Mahindra Prime Ltd. CP 07-MAR-13 A1+ 9.52 Cholamandalam Invest & Fin. Co. Ltd CP 10-Oct-13 A1+ 9.01 Indian Bank CD 04-Feb-13 A1+ 8.91 Oriental Bank of Commerce CD 16-Jan-14 A1+ 8.87 Vijaya Bank CD 16-Jan-14 A1+ 8.87 Indiabulls Fin. Services Ltd. CP 17-JUL-13 A1+ 7.89 Union Bank of India CD 10-Dec-13 A1+ 7.67 Canara Bank CD 12-Feb-13 A1+ 7.53 3.70 UTI- Liquid Fund-Cash Plan-Inst Growth 3.70-0.60 Fund Performance Rating Profile Maturity Profile PERIOD DATE NAV Crisil Liquid Fund Index NAV Last 6 Months 31-Jul-12 16.5494 1848.12 4.47% 3.89% Last 1 Year 31-Jan-12 15.8473 1770.66 9.10% 8.43% Last 2 Years 31-Jan-11 14.6059 1635.37 8.80% 8.35% Last 3 Years 29-Jan-10 13.8400 1549.77 7.70% 7.40% Last 4 Years 30-Jan-09 12.9890 1486.23 7.41% 6.61% Last 5 Years 31-Jan-08 12.0700 1366.47 7.45% 7.04% Since Inception 02-Mar-04 10.0000 1103.15 6.33% 6.41% 96.89% 3.70% -0.60% A1+ 120.00% 80.00% 60.00% 40.00% 20.00% 0.00% Less than 1 Year Note : The investment income and prices may go down as well as up. Since 96.89% CD/CP's 3.70% -0.60%
Income Fund ULIF 002 04/02/04 TIL 110 Investment Objective : The primary investment objective of the Fund is to generate income through investing in a range of debt and money market instruments of various maturities with a view to maximizing the optimal balance between yield, safety and liquidity. The Fund will have no investments in equity or equity linked instruments at any point in time. NAV as on 31 Jan, 13 : `16.9916 Benchmark : CRISIL Composite Bond Index -100% Corpus as on 31 Jan, 13 : `114.17 Crs. Sensivity 39.94 8.83% GOI 12-Dec-41 Sovereign 13.23 8.15% GOI 11-Jun-22 Sovereign 7.56 8.19% GOI 16-Jan-20 Sovereign 5.97 8.97% GOI 05-Dec-30 Sovereign 4.73 8.20% GOI 24-Sep-25 Sovereign 3.11 8.91% Gujarat SDL 22-Aug-22 Sovereign 1.60 8.84% Maharashtra SDL 17-Oct-22 Sovereign 1.60 8.79% Gujarat SDL 25-Oct-22 Sovereign 1.60 7.61% GOI 07-Mar-15 Sovereign 0.50 6.25% GOI 02-Jan-18 Sovereign 0.03 42.45 9.09% IRFC Ltd. 31-Mar-26 AAA 8.63 9.57% IRFC Ltd. 31-May-21 AAA 8.49 8.80% Tata Sons Ltd. 21-Sep-15 AAA 3.41 9.40% Sterlite Industries Ltd. 25-Oct-22 AA+ 3.09 2.00% Indian Hotels Ltd. 09-Dec-14 AA 2.63 2.00% Tata Steel Ltd. 23-Apr-22 AA 2.40 9.70% HDFC Ltd. 07-Jun-17 AAA 1.81 10.20% Sundaram Ltd. 21-Jul-14 AA+ 1.78 9.95% SBI 16-Mar-26 AAA 1.58 8.75% SAIL 23-Apr-20 AAA 1.22 9.64% PGC Ltd. 31-May-21 AAA 0.91 9.64% PGC Ltd. 31-May-18 AAA 0.91 9.64% PGC Ltd. 31-May-16 AAA 0.89 9.64% PGC Ltd. 31-May-15 AAA 0.89 8.79% IRFC Ltd 04-May-30 AAA 0.89 9.35% PGC Ltd. 29-Aug-20 AAA 0.63 8.40% HDFC Ltd. 08-Dec-14 AAA 0.61 9.75% HDFC Ltd. 07-Dec-16 AAA 0.45 9.30% Tata Sons Ltd. 24-Dec-15 AAA 0.44 9.35% PGC Ltd. 29-Aug-25 AAA 0.36 7.45% SBI 05-May-15 AAA 0.17 10.10% SBI 12-Sept-22 AAA 0.09 9.85% EXIM Bank 21-Mar-17 AAA 0.09 7.95% PFC Ltd. 24-Feb-16 AAA 0.09 Fixed Deposit 13.58 9.50% State Bank Of Hyderabad FD 04-Jan-14 7.01 10.70% Bank of Baroda FD 26-Mar-13 3.07 10.70% Bank of Baroda FD 22-Mar-13 2.63 9.50% State Bank of Hyderabad FD 10-Feb-2014 0.88 0.27 UTI- Liquid Fund-Cash Plan-Inst Growth 0.27 3.76 Fund Performance Rating Profile Maturity Profile PERIOD DATE NAV Crisil Composite Bond Index NAV Last 6 Months 31-Jul-12 16.0494 1849.96 5.87% 5.03% Last 1 Year 31-Jan-12 15.3846 1776.42 10.45% 9.38% Last 2 Years 31-Jan-11 14.0059 1643.29 10.14% 8.74% Last 3 Years 29-Jan-10 13.2900 1575.32 8.53% 7.24% Last 4 Years 30-Jan-09 12.2540 1504.76 8.51% 6.60% Last 5 Years 31-Jan-08 11.3160 1402.36 8.47% 6.74% Since Inception 02-Mar-04 10.0000 1193.20 6.12% 5.62% 32.56% 5.03% 4.87% 39.94% 13.58% 0.27% 3.76% Sovereign AAA AA AA+ Fixed Deposit 120.00% 80.00% 60.00% 40.00% 20.00% 0.00% 16.73% 11.30% 4.26% 67.70% Less than 1 Year 1-3 Years 3-6 Years 6 Years and Above Note : The investment income and prices may go down as well as up. Since 39.94% 13.58% 3.76% 0.27% Fixed Deposit 42.45%
Short Term Fixed Income Fund ULIF 008 01/07/06 TFL 110 Investment Objective : The primary investment objective of the Fund is to generate stable returns by investing in fixed income securities having shorter maturity periods. Under normal circumstances, the average maturity of the Fund may be in the range of 1-3 years. NAV as on 31 Jan, 13 : `15.5864 CD/CP's 8.56 Kotak Mahindra Prime Ltd. CP 07-MAR-13 A1+ 4.38 Cholamandalam Invest & Fin. Co. Ltd CP 09-Sep-13 A1+ 4.18 61.69 7.30% LIC Housing Ltd. 06-May-13 AAA 4.40 9.75% IDFC Ltd. 11-Jul-14 AAA 3.57 8.40% HDFC Ltd. 08-Dec-14 AAA 1.32 11.40% PFC Ltd. 28-Nov-13 AAA 0.45 Benchmark : CRISIL Short Term Bond Index -100% Corpus as on 31 Jan, 13 : `22.64 Crs. Sensivity 9.80% ICICI Bank 10-Feb-13 AAA 8.84 7.55% NHB 12-Jul-13 AAA 8.79 10.65% Indiabulls Fin Ser Ltd. 16-Jul-15 AA 6.80 10.75% REC Ltd. 24-Jul-13 AAA 4.90 0.00% HDFC Ltd. 30-Aug-13 AAA 4.82 9.67% Tata Sons Ltd. 31-Aug-15 AAA 4.50 9.40% NABARD 31-Jul-15 AAA 4.47 10.40% ICICI Sec Prim Deal Ltd. 27-Jun-13 AAA 4.44 8.40% LIC Housing Ltd. 18-Aug-13 AAA 4.40 Fixed Deposit 20.72 10.70% Bank of Baroda FD 26-Mar-13 6.63 10.00% State Bank Of Travancr FD 01-Mar-13 6.58 9.50% State Bank of Hyderabad FD 10-Feb- 4.42 2014 9.50% State Bank Of Hyderabad FD 04-Jan-14 3.09 4.02 UTI- Liquid Fund-Cash Plan-Inst Growth 4.02 5.01 Fund Performance Rating Profile Maturity Profile PERIOD DATE NAV Crisil ShortTerm Bond Index NAV Last 6 Months 31-Jul-12 14.8969 1917.32 4.63% 4.38% Last 1 Year 31-Jan-12 14.2056 1835.31 9.72% 9.04% Last 2 Years 31-Jan-11 13.1328 1693.26 8.94% 8.71% Last 3 Years 29-Jan-10 12.6620 1620.44 7.17% 7.29% Last 4 Years 30-Jan-09 11.7460 1525.53 7.33% 7.02% Last 5 Years 31-Jan-08 10.7740 1391.47 7.66% 7.54% Since Inception 01-Jul-06 10.0000 1242.00 6.96% 7.51% 8.56% 54.89% 6.80% 20.72% 4.02% 5.01% AAA A1+ AA Fixed Deposit 120.00% 80.00% 60.00% 40.00% 20.00% 0.00% 74.92% Less than 1 Year 25.08% 1-3 Years Note : The investment income and prices may go down as well as up. Since 20.72% 8.56% 5.01% 4.02% Fixed Deposit CD/CP's 61.69%
Whole Life Short Term Fixed Income Fund ULIF 013 04/01/07 WLF 110 Investment Objective : The primary investment objective of the Fund is to generate stable returns by investing in fixed income securities having shorter maturity periods. Under normal circumstances, the average maturity of the Fund may be in the range of 1-3 years. NAV as on 31 Jan, 13 : `15.1248 Benchmark : CRISIL Short Term Bond Index -100% Corpus as on 31 Jan, 13 : `100.43 Crs. Sensivity CD/CP's 10.19 Kotak Mahindra Prime Ltd. CP 07-MAR-13 A1+ 3.95 Cholamandalam Invest & Fin. Co. Ltd CP 09-Sep-13 A1+ 3.77 Canara Bank CD 12-Feb-13 A1+ 2.28 Bank of Baroda CD 27-Feb-13 A1+ 0.20 66.50 0.00% HDFC Ltd. 30-Aug-13 AAA 5.68 10.20% Sundaram Ltd. 21-Jul-14 AA+ 5.05 9.8815% IDFC Ltd. 16-Jul-17 AAA 5.00 10.65% Indiabulls Fin Ser Ltd. 16-Jul-15 AA 4.09 9.67% Tata Sons Ltd. 31-Aug-15 AAA 4.05 9.63% PFC Ltd. 15-Dec-14 AAA 4.03 9.20% PGC Ltd. 12-Mar-13 AAA 3.98 9.40% NHB 10-Jan-15 AAA 3.52 9.40% LIC Housing Ltd. 20-12-13 AAA 3.50 8.40% HDFC Ltd. 08-Dec-14 AAA 3.16 9.80% ICICI Bank 10-Feb-13 AAA 3.13 10.70% Sundaram Ltd. 06-Jun-14 AA+ 3.04 7.55% NHB 12-Jul-13 AAA 2.97 9.80% LIC Housing Ltd. 09-Jan-15 AAA 2.53 9.75% IDFC Ltd. 11-Jul-14 AAA 2.52 10.9% REC Ltd. 14-Aug-13 AAA 2.01 10.40% ICICI Sec Prim Deal Ltd. 27-Jun-13 AAA 2.00 8.40% LIC Housing Ltd. 18-Aug-13 AAA 1.98 11.40% PFC Ltd. 28-Nov-13 AAA 1.72 9.655% NABARD 18-Oct-14 AAA 1.51 9% Coromandal International Ltd. 23-Jul-16 AA+ 0.51 9.40% NABARD 31-Jul-15 AAA 0.50 Fixed Deposit 17.10 10.70% Bank of Baroda FD 26-Mar-13 4.98 10.80% Canara Bank FD 22-Mar-13 3.98 9.50% State Bank of Hyderabad FD 10-Feb-2014 3.98 10.00% State Bank Of Travancr FD 01-Mar-13 2.96 9.50% State Bank Of Hyderabad FD 04-Jan-14 1.19 1.78 UTI- Liquid Fund-Cash Plan-Inst Growth 1.78 4.43 Fund Performance Rating Profile Maturity Profile PERIOD DATE NAV Crisil Short Term Bond Index NAV Last 6 Months 31-Jul-12 14.4325 1917.32 4.80% 4.38% Last 1 Year 31-Jan-12 13.7834 1835.31 9.73% 9.04% Last 2 Years 31-Jan-11 12.6624 1693.26 9.29% 8.71% Last 3 Years 29-Jan-10 12.1230 1620.44 7.65% 7.29% Last 4 Years 30-Jan-09 11.1910 1525.53 7.82% 7.02% Last 5 Years 31-Jan-08 10.2520 1391.47 8.09% 7.54% Since Inception 08-Jan-07 10.0000 1281.09 7.06% 7.63% 10.19% 53.81% 8.60% 4.09% 17.10% 1.78% 4.43% AAA A1+ AA+ AA Fixed Deposit 120.00% 80.00% 60.00% 40.00% 20.00% 0.00% 56.50% 37.99% 5.51% Less than 1 Year 1-3 Years 3-6 Years Note : The investment income and prices may go down as well as up. Since 17.10% 10.19% 4.43% 1.78% Fixed Deposit CD/CP's 66.50%