group fund factsheet january 2018 - life insurance … · insurance company limited 1800-270-7000...
TRANSCRIPT
Life InsuranceAditya Birla Sun LifeInsurance Company Limited
1800-270-70001800-270-7000
Group Fund FactsheetJanuary 2018
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
LIFE INSURANCEAditya Birla Sun Life Insurance Company Limited PROTECTING INVESTING FINANCING ADVISING
Index Page No.
Market Outlook
Fund Managers Profile
Fund Performance
Secure Fund
Stable Fund
Stable Fund 2
Growth Fund
Growth Fund 2
Growth Advantage Fund
Money Market Fund
Money Market Fund 2
Short Term Debt Fund
Short Term Debt Fund 2
Income Advantage Fund
Gilt Fund
Bond Fund
Fixed Interest Fund
Fixed Interest Fund 2
1
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Market Update
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Source: Tradingeconomics.com
Source: Tradingeconomics.com
Economy Review
Domestic factorsThe key events which had an impact on the markets in the month were –
On the economy front, IIP surged to 8.4 per cent in November – 17 vs 2.2 per cent in October - 17.
IIP
Inflation
a) PSU Bank Recapitalization: Government allocated a total of INR 88100 crs, INR 80,000 crs through recapitalization bond
and INR 8,100 crs as budgetary support to PSU banks under the bank recapitalization plan. Around 61 per cent of the money
allocated has been provided to banks which are currently under Prompt Corrective Action to boost the Tier –I capital and help
them revive. b) IMF projection of strong Indian economic growth: IMF in its January update of world economic updates has maintained
that India will be the fastest growing economy growing at 7.4 per cent in 2018-19 and 7.8 per cent in 2019-20.c) Cut in Government borrowing: Government cut the additional borrowing in the current fiscal to Rs.20,000 Cr. from earlier
thnotified Rs.50,000 Cr. on 27 December 2017.The decision was taken after assessing the revenue and expenditure
patterns of the government.th thd) GST council rate cut: GST council on 18 January’18 cut rates on 29 products and 54 services at its 25 meeting and
agreed to make the process of filing tax return simpler. The council also reaffirmed its decision to roll out e-way bills for inter
– state movement of goods.ste) Union Budget: On February 1 , 2018, the government has presented an inclusive growth oriented budget with a clear
focus on rural, social & infrastructure spending. We believe that economic growth pick up will be boosted with the increasing
spends towards the broader lower section of the society. Apart from the sentimentally negative stroke of LTCG, the equity
markets post a short term knee jerk reaction will start focusing on corporate earnings growth and a bottom up stock picking
strategy will work going forward for long term investors.
Domestic macro economic data.
Inflation (CPI) for December – 17 was recorded at 5.2 per cent against 4.9 per cent in November – 17. This was due to rising
food inflation and fuel inflation.
0.0
1.0
2.0
3.0
4.0
5.0
6.0
DEC
3.23.7 3.8
3.02.2
1.52.4
3.4 3.3 3.6
4.9 5.2
2.6 3.0
1.9
3.8
2.8
1.7
0.1
1.2
4.54.1
2.2
8.4
DEC-
16
0
1
2
3
4
5
6
7
8
9
Market Update
Outlook for Equities
Outlook for Debt
Benchmark indices started the year on a strong note.Sensex rose around 5.6 per cent and Nifty gained around 4.7 per cent in January’18. FIIs started the year as net buyers. They invested new inflows of around $2bn. DIIs invested around $63mn in the month of January 2018.
At 16.8x FY20 earnings, markets are trading lower than their 15 year average. Looking at the structural changes happening in the Indian economy, investors in equity funds can expect gains in long-term.
The 10 year government bond yield moved from 7.33 per cent to 7.43 per cent in the month.
We expect the 10 year G-sec yield to be in the range of 7.35 per cent to 7.60 per cent in the near term. The corporate bond yields are expected to maintain a spread of around 70 basis points on the upward side.
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Nifty
Sensex
BSE 100
Dow Jones
Hang Seng
Nikkei
Nasdaq
INDEX 29-Dec-17 30-Nov-17 % Change
11027.70 10530.70 4.72%
35965.02 34056.83 5.60%
11419.07 11029.78 3.53%
26149.39 24719.22 5.79%
23098.29 22764.94 1.46%
32887.27 29919.15 9.92%
7411.48 6903.39 7.36%
Nifty
Sensex
BSE 100
Dow Jones
Hang Seng
Nikkei
Nasdaq
INDEX 31-Jan-18 29-Dec-17 % Change
10 Yr G-Sec Yield 5 year AAA Corporate Bond Spread
bps
Perc
enta
ge (%
)
10 Year G-Sec
5 Year G-Sec
90 Day T Bill
364 Day T-Bill
Call Rates
7.43% 7.33% 1.35%
7.40% 7.11% 3.92%
6.40% 6.20% 3.13%
6.55% 6.40% 2.29%
5.88% 6.00% -2.04%
Key Indices 31-Jan-18 29-Dec-17 % Change
Feb-
17
Mar
-17
Apr-
17
May
-17
Jun-
17
Jul-1
7
Aug-
17
Sep-
17
Nov-
17
Dec-
17
Jan-
18
Oct-
17
15
40
65
90
115
140
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
NSEBSE
Feb-
17
Mar
-17
Apr-
17
May
-17
Jun-
17
Jul-1
7
Aug-
17
Sep-
17
Nov-
17
Dec-
17
Jan-
18
Oct-
17
4000
5000
6000
7000
8000
9000
10000
11000
12000
25000
27000
29000
31000
33000
35000
37000
Fund Managers Profile
Debt Fund SFIN No Fund Manager
Group Money Market Fund
Group Money Market Fund2
Group Short Term Debt Fund
Group Short Term Debt Fund 2
Group Income Advantage Fund
Group Gilt Fund
Group Bond Fund
Group Fixed Interest Fund
Group Fixed Interest Fund 2
ULGF00824/08/04BSLIGRMMKT109
ULGF01928/11/11BSLGRMMKT2109
ULGF01322/09/08BSLGSHTDBT109
ULGF02128/11/11BSLGSHTDB2109
ULGF01425/02/10BSLGINCADV109
ULGF00630/05/03BSLIGRGILT109
ULGF00530/05/03BSLIGRBOND109
ULGF00416/07/02BSLGFIXINT109
ULGF01728/11/11BSLGFXINT2109
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Fund Manager No. of Funds Managed
Debt Fund
Debt Fund
Balanced Fund Equity FundMr. Parin Vora
Mr. Sameer Mistry
9
-
6
6
-
-
Mr. Sameer Mistry – Joint Vice President - InvestmentsMr. Sameer Mistry – Joined ABSLI in January 2009. He has over 18
years of experience in Equity Research and Fund Management. Prior to
joining us, he worked as a Fund Manager with Reliance Capital Asset
Management, Tata Mutual Fund and SBI Life Insurance. Sameer has
done his BE (Electronics & Telecom) as well as a an MBA in Finance.
Mr. Parin Vora – Assistant Vice President - InvestmentsMr. Parin Vora has been with ABSLI since October 2007 and is primarily
responsible for Fixed Income trading and Fund Management. He has
18 years of experience in Fixed Income Industry and was associated
with Birla Sun Life Securities & Mata Securities. Parin has done his
MBA in Finance from Welingkar’s Institute of Management and DPMIR
from Narsee Monjee Institute of Management Studies.
Balaced Fund SFIN NoEquity Debt
Group Secure Fund
Group Stable Fund
Group Stable Fund 2
Group Growth Fund
Group Growth Fund 2
Group Growth Advantage Fund
ULGF00212/06/01BSLGSECURE109
ULGF00312/06/01BSLGSTABLE109
ULGF02228/11/11BSLGSTABL2109
ULGF00112/06/01BSLGGROWTH109
ULGF01828/11/11BSLGROWTH2109
ULGF01026/11/07BSLIGGRADV109
Mr. Sameer Mistry
Mr. Sameer Mistry
Mr. Sameer Mistry
Mr. Sameer Mistry
Mr. Sameer Mistry
Mr. Sameer Mistry
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Mr. Parin Vora
Fund Manager
Mr. Sameer Mistry
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Fund Performance as on 31st January 2018Group Funds Figures in percentage (%)
Disclaimer:This document is issued by ABSLI. While all reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors of fact or for any opinion expressed herein. This document is for information purposes only. It does not constitute any offer, recommendation or solicitation to any person to enter into any transaction or adopt any investment strategy, nor does it constitute any prediction of likely future movements in NAVs. Past performance is not necessarily indicative of future performance. We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or completeness cannot be guaranteed. Neither Aditya Birla Sun Life Insurance Company Limited, nor any person connected with it, accepts any liability arising from the use of this document. You are advised to make your own independent judgment with respect to any matter contained herein. The investment risk in investment portfolio is borne by the policyholder. The name of the funds do not in any way indicate their quality, future prospects or returns. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance ofinvestment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions Insurance is the subject matter of solicitation.BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS: IRDA clarifies to public that IRDA or its officials do not involve inactivities like sale of any kind of insurance or financial products nor invest premiums. IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details ofphone call, number.* Duration for Money Market Instrument and FD’s is considered as "Zero".
Returns
Absolute
CAGR
Period SecureFund
BM BM BM BMBMStableFund
StableFund 2
GrowthFund 2
GrowthFund
1 month
3 months
6 months
1 Year
2 Years
3 Years
4 Years
5 Years
Since Inception
0.39 0.45
0.86 0.43
2.33 1.47
8.28 7.17
11.31 9.70
8.06 7.10
11.19 9.78
9.43 8.38
10.58 8.48
0.75 1.02
1.83 1.45
3.77 2.90
12.09 10.89
13.60 11.74
8.57 7.35
12.73 10.92
10.47 9.15
12.99 9.86
0.86 1.02
1.95 1.45
4.33 2.90
13.24 10.89
14.72 11.74
9.62 7.35
13.13 10.92
11.48 9.15
12.24 9.89
1.37 1.59
3.35 2.47
6.35 4.34
18.58 14.72
17.78 13.78
10.68 7.55
15.44 12.03
12.71 9.88
14.05 10.74
1.01 1.59
3.18 2.47
6.07 4.34
17.29 14.72
16.77 13.78
9.62 7.55
14.76 12.03
11.89 9.88
14.53 11.14
Returns
Absolute
CAGR
Period GrowthAdvantage
BM BM BM BM BMMoneyMarket Fund
MoneyMarket Fund 2
Short TermDebt Fund
Short TermDebt Fund 2
1 month
3 months
6 months
1 Year
2 Years
3 Years
4 Years
5 Years
Since Inception
1.54 1.98
3.61 3.16
6.72 5.31
19.72 17.33
18.19 15.14
9.86 7.66
15.87 12.75
12.65 10.35
13.00 7.31
0.50 0.44
1.42 1.31
2.89 2.65
6.23 5.49
6.95 5.87
7.31 6.19
7.67 6.64
7.93 6.92
8.97 6.55
0.51 0.44
1.52 1.31
3.05 2.65
6.27 5.49
6.80 5.87
7.23 6.19
7.74 6.64
7.96 6.92
8.28 7.13
0.32 0.09
1.07 0.18
2.47 1.22
5.73 4.20
7.39 6.54
7.46 6.68
8.04 7.39
8.02 7.35
8.51 7.21
0.39 0.09
1.07 0.18
2.67 1.22
6.96 4.20
8.11 6.54
8.23 6.68
8.97 7.39
9.01 7.35
9.62 7.60
Returns
Absolute
CAGR
Period IncomeAdvantage Fund
Gilt Fund Bond Fund FixedInterest Fund
FixedInterest Fund 2
BM BM BM BM
1 month
3 months
6 months
1 Year
2 Years
3 Years
4 Years
5 Years
Since Inception
-0.11 -0.26
-0.37 -0.79
-0.04 -0.25
3.08 2.53
8.28 6.91
7.36 6.69
9.36 8.20
8.28 7.28
9.07 7.28
0.01
-1.70
-2.50
1.39
8.81
6.74
9.71
7.68
7.12
0.02 0.17
0.39 -0.06
1.31 1.22
4.56 4.57
7.93 7.36
7.60 7.03
8.85 8.34
8.40 7.75
10.17 8.04
-0.11 -0.26
-0.46 -0.79
0.02 -0.25
2.89 2.53
8.38 6.91
7.13 6.69
9.30 8.20
8.61 7.28
8.71 6.27
-0.48 -0.26
-1.32 -0.79
-0.39 -0.25
2.92 2.53
8.60 6.91
8.02 6.69
11.15 8.20
10.14 7.28
10.59 7.75
SecureStableStable 2GrowthGrowth 2Growth AdvantageMoney MarketMoney Market 2Short Term Debt FundShort Term Debt 2Income AdvantageGilt FundBond Fund
Fixed InterestFixed Interest 2
BSE 100BSE 100BSE 100BSE 100BSE 100BSE 100
-------
--
20%35%35%50%50%60%
-------
--
70%55%55%40%40%30%
--
100%100%85%
-70%15%85%
85%
10%10%10%10%10%10%
100%
100%--
15%-
15%
15%
15%
Crisil Composite Bond Fund IndexCrisil Composite Bond Fund IndexCrisil Composite Bond Fund IndexCrisil Composite Bond Fund IndexCrisil Composite Bond Fund IndexCrisil Composite Bond Fund Index
-
Crisil Short Term Bond Fund IndexCrisil Short Term Bond Fund Index
Crisil Composite Bond Fund Index
-
Crisil AAA Medium Term Bond Fund IndexCrisil AA Medium Term Bond Fund Index
Crisil Composite Bond Fund Index
Crisil Composite Bond Fund Index
-
Crisil Liquid Fund IndexCrisil Liquid Fund Index
Crisil Liquid Fund Index-
Crisil Liquid Fund Index
Crisil Liquid Fund Index
Crisil Liquid Fund Index
Crisil Liquid Fund IndexCrisil Liquid Fund IndexCrisil Liquid Fund IndexCrisil Liquid Fund IndexCrisil Liquid Fund IndexCrisil Liquid Fund Index
--
ULGF00212/06/01BSLGSECURE109
ULGF00312/06/01BSLGSTABLE109
ULGF02228/11/11BSLGSTABL2109
ULGF00112/06/01BSLGGROWTH109
ULGF01828/11/11BSLGROWTH2109
ULGF01026/11/07BSLIGGRADV109
ULGF00824/08/04BSLIGRMMKT109
ULGF01928/11/11BSLGRMMKT2109
ULGF01322/09/08BSLGSHTDBT109
ULGF02128/11/11BSLGSHTDB2109
ULGF01425/02/10BSLGINCADV109
ULGF00630/05/03BSLIGRGILT109
ULGF00530/05/03BSLIGRBOND109
ULGF00416/07/02BSLGFIXINT109
ULGF01728/11/11BSLGFXINT2109
Benchmark CompositionSFIN
WeightageFund Name
Weightage WeightageIndex Index Index
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index
Asset held ̀ 2002.77 Cr as on 31st January 2018:
EQUITY: 19.48%
N AV as on 31st January 2018: ` 53.2867
Group Secure Fund ULGF00212/06/01BSLGSECURE109Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 18 years &18 years Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 19-Jun-01Objective:
Strategy:
This investment fund option helps build your capital and generate better returns at moderate level of risk, over a medium or long-term period through a balance of investment in equity and debt.
To generate better return with moderate level of risk through active management of fixed income portfolio and focus on creating long term equity portfolio which will enhance yield of composite portfolio with low level of risk appetite.
Know the Fund BetterExposure to equities 19.69%, G-Secs has decreased to 37.58% from 38.28% and MMI has slightly increased to 12.20% from 12.14% on a MOM basis. Over 88% of the debt portfolio remains invested in highest rated instruments.The fund is predominantly invested in large cap stocks and maintains a well diversified equity portfolio.
has slightly decreased to 19.48% from
CORPORATE DEBT: 30.74%GOVERNMENT SECURITIES: 37.58%9.20% GOI 2030 ( MD 30/09/2030) 11.21%8.60% GOI 2028 ( MD 02/06/2028) 4.51%8.83% GOI 2023 ( MD 25/11/2023) 4.14%9.23% GOI 2043 ( MD 23/12/2043) 3.54%8.33% GOI 2026 ( MD 09/07/2026) 2.91%8.13% GOI 2045 ( MD 22/06/2045) 1.02%7.16% GOI 2023 ( MD 20/05/2023) 0.98%8.17% GOI 2044 ( MD 01/12/2044) 0.97%8.32% GOI ( MD 02/08/2032) 0.89%8.28% GOI ( MD 15/02/2032) 0.82%OTHER GOVERNMENT SECURITIES 6.59%
8.45% HDFC Ltd. NCD MD (18/05/2026) (Series P - 012) 1.54%9.00% Godrej & Boyce Man Co Ltd. NCD MD (22/04/21) (Step Up 1.28%7.50 HDFC Ltd. NCD ( MD 07/07/2020) 1.24%8.15% Tata Steel Ltd NCD ( MD 01/10/2026) 1.21%8.30% Rural Electrification Corpn. Ltd. NCD ( MD 10/04/2025) 1.07%7.80% Apollo Tyres Limited Series C Maturity 30Th Apr 2024 0.98%8.57% REC Ltd. NCD ( MD 21/12/2024) 0.80%9.30% LIC Housing Finance Ltd NCD ( MD 14/09/2022) 0.79%8.48% LIC Housing Finance Ltd.NCD ( MD 09/06/2023)Ncd-297 Op1 0.77%8.39% Power Finance Corpn. Ltd. NCD ( MD 19/04/2025) 0.77%Other Corporate Debt 20.30%
HDFC Bank Limited 1.71%Reliance Industries Limited 1.29%Housing Development Finance Corporation 1.06%ITC Limited 1.05%ICICI Bank Limited 1.01%Infosys Limited 0.90%Larsen & Toubro Limited 0.90%State Bank Of India 0.62%Mahindra And Mahindra Limited 0.48%Maruti Suzuki India Limited 0.48%Other Equity 9.97%
MMI, Deposits, CBLO & Others: 12.20%
SECTORAL ALLOCATION
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
Secure BM
AAA33.24%
AA
AA-
A1+A+
8.09%
AA+2.57%
1.09%
0.34%0.01%
Sovereign54.67%
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits,CBLO & Others
12.20%
NCD
Equity19.48%
30.74%
G-Secs37.58%
Debt1612.57 ( 81%)
Equity390.19 ( 19 %)
14.67%
2.26%
3.44%
6.69%
6.70%
7.35%
8.78%
9.05%
11.52%
11.62%
17.93%
OTHERS
TELECOMMUNICATION
METAL
PHARMACEUTICALS
AUTOMOBILE
FMCG
SOFTWARE / IT
FINANCIAL SERVICES
CAPITAL GOODS
OIL AND GAS
BANKING
Modified Duration: 5.37 years
Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index
Asset held ` as on 31st January 2018: 453.33 Cr Modified Duration: 5.53 years
EQUITY: 34.18%CORPORATE DEBT: 13.18%GOVERNMENT SECURITIES: 36.33%
N AV as on 31st January 2018: ` 74.4169
Group Stable Fund ULGF00312/06/01BSLGSTABLE109Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 18 years &18 years Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 31-Aug-01Objective:
Strategy:
This investment fund option helps you grow your capital through enhanced returns over a medium to long term period through investments in equity and debt instruments, thereby providing a good balance between risk and return. This fund is suitable for those who want to earn higher return on investment through balanced exposure to equity and debt securities.
To earn capital appreciation by maintaining diversified equity portfolio and seek to earn regular return on fixed income portfolio by active management resulting in wealth creation for policyholders.
Know the Fund BetterOver 95% of the debt portfolio remains invested in highest rated instruments.The fund is predominantly invested in large cap stocks and maintains a well diversified equity portfolio.
9.23% GOI 2043 ( MD 23/12/2043) 7.40%8.33% GOI 2026 ( MD 09/07/2026) 6.35%8.83% GOI 2023 ( MD 25/11/2023) 4.64%9.20% GOI 2030 ( MD 30/09/2030) 3.69%8.28% GOI ( MD 15/02/2032) 2.92%8.79% GOI 2021 ( MD 08/11/2021) 2.61%8.60% GOI 2028 ( MD 02/06/2028) 2.34%8.08% Goi ( MD 02/08/2022) 1.42%8.30% GOI 2040 ( MD 02/07/2040) 1.16%8.40% GOI 2024 ( MD 28/07/2024) 1.15%Other Government Securities 2.65%
7.80% Apollo Tyres Limited Series B Maturity 28Th Apr 2023 2.17%8.65% RECL Ltd NCD ( MD 15/01/2019) 2.07%8.90% LIC Housing Finance Ltd NCD (10/08/2020) 1.13%8.40% PGC NCD ( MD 27/05/2027)[I] 1.13%7.58% PNB Housing Finance Ltd NCD ( MD 15/03/2021) 1.10%7.89% PGC NCD (L-Viii) ( MD 09/03/2027) 1.10%9.25% LIC Housing Finance Ltd NCD ( MD 01/01/2023) 1.07%8.00% HDFC Ltd NCD ( MD 22/08/2018) 0.88%9.25% Reliance Jio Infocomm Limited NCD ( MD 16/06/2024) 0.87%8.95% Bajaj Finance Limited NCD ( MD 10/04/2020) 0.45%Other Corporate Debt 1.21%
HDFC Bank Limited 2.89%Reliance Industries Limited 2.26%Housing Development Finance Corporation 1.85%ITC Limited 1.77%ICICI Bank Limited 1.71%Infosys Limited 1.58%Larsen & Toubro Limited 1.56%State Bank Of India 1.08%Maruti Suzuki India Limited 1.01%Mahindra And Mahindra Limited 0.86%Other Equity 17.61%
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits, CBLO & Others: 16.30%
SECTORAL ALLOCATION
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
Stable BM
MMI, Deposits,CBLO & Others
13.18%NCD
16.30%
G-Secs
Equity
36.33%
34.18%
AAA20.51%
AAA1+
AA+0.09%
1.96%
4.56%
Sovereign72.87%
Equity
Debt
154.97 (34% )
298.36 (66% )
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
14.82%
2.17%
3.40%
6.70%
7.20%
7.29%
8.78%
9.05%
11.46%
11.70%
17.41%
OTHRES
TELECOMMUNICATION
METAL
PHARMACEUTICALS
AUTOMOBILE
FMCG
SOFTWARE / IT
FINANCIAL SERVICES
OIL AND GAS
CAPITAL GOODS
BANKING
MMI, Deposits,CBLO & Others
4.42%NCD
Equity
9.49%
33.70%G-Secs52.40%
Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index
Asset held ` 2.56 Cr as on 31st January 2018: Modified Duration: 4.96 years
EQUITY: 33.70%CORPORATE DEBT: 4.42%GOVERNMENT SECURITIES: 52.40%
MMI, Deposits, CBLO & Others: 9.49%
SECTORAL ALLOCATION
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
N AV as on 31st January 2018: ` 20.4199
Group Stable Fund 2 ULGF02228/11/11BSLGSTABL2109Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 18 years &18 years Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-Nov-11Objective:
Strategy:
This investment fund option helps you grow your capital through enhanced returns over a medium to long term period through investments in equity and debt instruments, thereby providing a good balance between risk and return. This fund is suitable for those who want to earn higher return on investment through balanced exposure to equity and debt securities.
To earn capital appreciation by maintaining diversified equity portfolio and seek to earn regular return on fixed income portfolio by active management resulting in wealth creation for policyholders.
Know the Fund Better100% of the debt portfolio remains invested in highest rated instruments.The fund is predominantly invested in large cap stocks and maintains a well diversified equity portfolio.
7.80% GOI ( MD 11/04/2021) 19.92%9.20% GOI 2030 ( MD 30/09/2030) 8.71%9.23% GOI 2043 ( MD 23/12/2043) 6.78%8.40% GOI 2024 ( MD 28/07/2024) 6.10%9.15% GOI 2024 ( MD 14/11/2024) 5.48%7.16% GOI 2023 ( MD 20/05/2023) 5.41%
10.70% IRFC NCD ( MD 11/09/2023) 4.42% HDFC Bank Limited 3.51%ITC Limited 1.93%Reliance Industries Limited 1.93%ICICI Bank Limited 1.87%Housing Development Finance Corporation 1.81%Infosys Limited 1.59%State Bank Of India 1.26%Larsen & Toubro Limited 1.05%Maruti Suzuki India Limited 0.97%GAIL (India) Limited 0.87%Other Equity 16.91%
Stable 2 BM
AAA
92.47%Sovereign
7.53%
Debt
Equity
1.70 ( 66% )
0.86 (34% )
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
13.59%
2.54%
2.58%
6.28%
7.38%
8.25%
8.77%
9.05%
9.80%
11.30%
20.46%
OTHERS
TELECOMMUNICATION
METAL
PHARMACEUTICALS
AUTOMOBILE
FMCG
SOFTWARE / IT
FINANCIAL SERVICES
CAPITAL GOODS
OIL AND GAS
BANKING
Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index
Asset held ` 552.69 Cr as on 31st January 2018: Modified Duration: 5.28 years
EQUITY: 48.99%CORPORATE DEBT: 14.07%GOVERNMENT SECURITIES: 28.33%
N AV as on 31st January 2018: ` 92.9573
Group Growth Fund ULGF00112/06/01BSLGGROWTH109Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 18 years &18 years Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 31-Aug-01Objective:
Strategy:
The objective of this investment fund option is to achieve optimum balance between growth and stability to provide long-term capital appreciation with balanced level of risk by investing in fixed income securities and high quality equity security. This fund option is for those who are willing to take average to high level of risk to earn attractive returns over a long period of time.
The strategy is to invest into fixed income securities & maintaining diversified equity portfolio along with active fund management policyholder’s wealth in long run.
Know the Fund BetterOver 99% of the debt portfolio remains invested in highest rated instruments.The fund is predominantly invested in large cap stocks and maintains a well diversified equity portfolio.
8.83% GOI 2023 ( MD 25/11/2023) 6.63%8.33% GOI 2026 ( MD 09/07/2026) 3.75%8.60% GOI 2028 ( MD 02/06/2028) 2.31%9.53% State Developement -Gujrat 2024 ( MD 12/02/2024) 1.95%9.20% GOI 2030 ( MD 30/09/2030) 1.82%9.23% GOI 2043 ( MD 23/12/2043) 1.67%8.20% GOI ( MD 15/02/2022) 1.58%8.79% GOI 2021 ( MD 08/11/2021) 1.53%8.17% GOI 2044 ( MD 01/12/2044) 1.32%8.28% GOI ( MD 15/02/2032) 1.13%Other Government Securities 4.63%
9.34% REC Ltd. NCD ( MD 25/08/2024) 1.80%8.70% Power Finance Corporation Ltd. NCD ( MD 14/05/2020) 1.55%8.45% HDFC Ltd. NCD MD (18/05/2026) (Series P - 012) 1.49%8.55% Power Finance Corpn. Ltd. NCD (09/12/2021) Series 124 1.48%7.35% BPCL Ltd Ncd ( MD 10/03/2022) 1.38%8.48% LIC Housing Finance Ltd. NCD ( MD 29/06/2026) PUT 29/06 1.30%7.58% PNB Housing Finance Ltd NCD ( MD 15/03/2021) 0.90%7.89% Power Grid Corporation NCD (L-VIII) ( MD 09/03/2027) 0.90%9.02% REC Ltd. NCD ( MD 19/11/2022) 0.68%9.23% LIC Housing Finance Ltd NCD ( MD 13/12/2022) 0.57%Other Corporate Debt 2.01%
HDFC Bank Limited 4.26%Reliance Industries Limited 3.27%Housing Development Finance Corporation 2.68%ITC Limited 2.49%ICICI Bank Limited 2.42%Infosys Limited 2.28%Larsen & Toubro Limited 2.25%State Bank Of India 1.57%Maruti Suzuki India Limited 1.21%Mahindra And Mahindra Limited 1.17%Other Equity 25.39%
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits, CBLO & Others: 8.61%
SECTORAL ALLOCATION
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
Growth BM
AA+0.87%
AAA32.31%
Sovereign66.82%
MMI, Deposits,CBLO & Others
8.61%
Equity
NCD
48.99%
14.07%
G-Secs28.33%
Debt281.94 (51 %)
Equity270.75 (49 %)
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
15.10%
2.23%
3.43%
6.40%
6.61%
6.79%
8.90%
9.15%
11.61%
12.13%
17.65%
OTHERS
TELECOMMUNICATION
METAL
PHARMACEUTICALS
AUTOMOBILE
FMCG
SOFTWARE / IT
FINANCIAL SERVICES
OIL AND GAS
CAPITAL GOODS
BANKING
Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index
Asset held ` 38.24 Cr as on 31st January 2018: Modified Duration: 3.82 years
EQUITY: 49.05%CORPORATE DEBT: 26.00%GOVERNMENT SECURITIES: 13.77%
MMI, Deposits, CBLO & Others: 11.17%
SECTORAL ALLOCATION
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
NAV as on 31st January 2018: ` 22.5355
Group Growth Fund 2 ULGF00112/06/01BSLGGROWTH109Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 18 years &18 years Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-Nov-11Objective:
Strategy:
The objective of this investment fund option is to achieve optimum balance between growth and stability to provide long-term capital appreciation with balanced level of risk by investing in fixed income securities and high quality equity security. This fund option is for those who are willing to take average to high level of risk to earn attractive returns over a long period of time.
The strategy is to invest into fixed income securities & maintaining diversified equity portfolio along with active fund management policyholder’s wealth in long run.
Know the Fund Better100% of the debt portfolio remains invested in highest rated instruments.The fund is predominantly invested in large cap stocks and maintains a well diversified equity portfolio.
8.40% GOI 2024 ( MD 28/07/2024) 6.81%9.23% GOI 2043 ( MD 23/12/2043) 3.03%8.83% GOI 2023 ( MD 25/11/2023) 2.78%8.83% GOI 2041 ( MD 12/12/2041) 1.16%
8.35% LIC Housing Finance Ltd. NCD ( MD 23/10/2020) 5.31%9.04% REC Ltd. NCD ( MD 12/10/2019) 4.00%9.15% Larsen & Toubro Ltd NCD ( MD 05/01/2019) 3.97%9.64% PGC NCD ( MD 31/05/18) 3.95%8.40% NPC Of India Ltd (C) ( MD 28/11/2027) SE 2.71%7.69% BPCL Ltd NCD ( MD 16/01/2023)-2018–Series I 2.60%7.89% Power Grid Corporation NCD (L-VIII) ( MD 09/03/2027) 2.60%9.74% Tata Sons Ltd. NCD ( MD 13/01/2024) 0.85%
HDFC Bank Limited 4.64%Reliance Industries Limited 3.23%Housing Development Finance Corporation 2.65%ICICI Bank Limited 2.60%ITC Limited 2.49%Infosys Limited 2.26%Larsen & Toubro Limited 2.23%State Bank Of India 1.58%Maruti Suzuki India Limited 1.45%Mahindra And Mahindra Limited 1.26%Other Equity 24.67%
Growth 2 BM
AAA62.26%
Sovereign37.74%
Equity18.76 (49 %)
Debt19.48 (51 %)
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits,CBLO & Others
11.17%
NCD
Equity
26.00%
49.05%
G-Secs13.77%
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
14.39%
2.23%
2.65%
6.62%
7.28%
7.55%
8.73%
9.01%
11.26%
11.52%
18.76%
OTHERS
TELECOMMUNICATION
METAL
PHARMACEUTICALS
AUTOMOBILE
FMCG
SOFTWARE / IT
FINANCIAL SERVICES
CAPITAL GOODS
OIL AND GAS
BANKING
Group Growth Advantage Fund ULGF01026/11/07BSLIGGRADV109Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 18 years &18 years Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 18-Feb-08Objective:
Strategy:
The Objective of the fund is to provide blend of fixed return by investing in debt & money market instruments and capital appreciation by predominantly investing in equities of fundamentally strong and large blue chip companies.
The fund option will invest at least 40% and maximum of 60% in fundamentally strong and large blue chip companies and minimum 40% in Debt and money market Instruments. The Strategy of the fund is to build and actively manage a well-diversified equity portfolio of value & growth driven stocks by following a research-focused investment approach. While appreciating the high risk associated with equities, the fund would attempt to maximize the risk-return pay-off for the long-term advantage of the policyholders. The fund will also explore the option of having exposure to quality mid cap stocks. The Fund Manager would endeavor to outperform the benchmark. The nonequity portion of the fund will be invested in highrated debt and money market instruments and fixed deposits.
Know the Fund BetterOver 97% of the debt portfolio remains invested in highest rated instruments.The fund is predominantly invested in large cap stocks and maintains a well diversified equity portfolio.
Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index
Asset held ` 74.78 Cr as on 31st January 2018: Modified Duration: 5.53 years
EQUITY: 58.72%CORPORATE DEBT: 7.79%GOVERNMENT SECURITIES: 18.83%
N AV as on 31st January 2018: ` 33.7760
9.20% GOI 2030 ( MD 30/09/2030) 8.95%8.33% GOI 2026 ( MD 09/07/2026) 3.47%8.83% GOI 2023 ( MD 25/11/2023) 2.13%8.60% GOI 2028 ( MD 02/06/2028) 1.42%8.83% GOI 2041 ( MD 12/12/2041) 1.19%7.80% GOI ( MD 11/04/2021) 0.89%9.23% GOI 2043 ( MD 23/12/2043) 0.77%7.88% GOI 2030 ( MD 19/03/2030) 0.01%
7.89% Power Grid Corporation NCD (L-VIII) ( MD 09/03/2027) 5.31%8.57% REC Ltd. NCD ( MD 21/12/2024) 1.38%9.05% Petronet LNG Ltd NCD ( MD 28/10/2019) 0.95%11.95% HDFC Ltd NCD ( MD 26/11/2018) 0.14%
HDFC Bank Limited 5.16%Reliance Industries Limited 3.97%Housing Development Finance Corporation 3.18%ITC Limited 3.08%ICICI Bank Limited 3.04%Infosys Limited 2.77%Larsen & Toubro Limited 2.73%State Bank Of India 1.85%Maruti Suzuki India Limited 1.75%Mahindra And Mahindra Limited 1.38%Other Equity 29.81%
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
MMI, Deposits,CBLO & Others
14.66%
NCD
Equity
7.79%
58.72%G-Secs18.83%
AA+
AAA
3.09%
22.19%
Sovereign74.71%
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Equity
Debt
43.91 (59% )
30.87 (41% )
MMI, Deposits, CBLO & Others: 14.66%
Growth Advantage BM
SECTORAL ALLOCATION
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
14.71%
2.25%
3.41%
6.44%
7.07%
7.10%
8.66%
9.01%
11.61%
11.82%
17.94%
OTHERS
RETAILING
METAL
PHARMACEUTICALS
AUTOMOBILE
FMCG
SOFTWARE / IT
FINANCIAL SERVICES
OIL AND GAS
CAPITAL GOODS
BANKING
Group Money Market Fund ULGF00824/08/04BSLIGRMMKT109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 30-Mar-05Objective:
Strategy:
The primary objective of the investment fund option is to provide reasonable returns, at a high level of safety and liquidity for capital conversation for the policyholder.
The strategy of investment fund option is to make judicious investments in high quality debt and money market instruments protect capital of the policyholder with very low level of risk.
Know the Fund BetterOver 87% of the fund is invested in highest rated instruments.The fund continues to maintain very low maturity profile.
Benchmark: Crisil Liquid Fund Index
Asset held ` 115.33 Cr as on 31st January 2018: N AV as on 31st January 2018: ` 30.1506
CORPORATE DEBT: 62.60%8.55% Reliance Jio Infocomm Limited NCD PPD6 ( MD 31/07/2018) 8.70%8.00% HDFC Ltd NCD ( MD 22/08/2018) 6.94%8.30% NABARD NCD ( MD 12/06/2018)16B 6.09%8.60% LIC Housing Finance Ltd NCD ( MD 20/06/2018) 5.58%10.85% RECL Ltd NCD ( MD 14/08/2018) 5.37%8.03% Kotak Mahindra Prime Ltd NCD S-2( MD 14/02/2019) 5.20%9.68% Power Finance Corporation ( MD 09/06/2018) 4.37%8.35% Petronet LNG Ltd NCD ( MD 14/06/2018) 4.35%8.90% Steel Authority Of India ( MD 01/05/2019) CALL FR 01/05 4.34%9.43% IRFC NCD ( MD 23/05/2018) 4.02%Other Corporate Debt 7.64%
ASSET ALLOCATION
AUM (In Cr) as on 31st January 2018
Debt115.33 (100%)
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits,CBLO & Others
37.40%NCD
62.60%
MMI, Deposits, CBLO & Others: 37.40%
Money Market BM
Rating Profile
AAA59.26%
A1+26.45%
5.02%
6.14%
AA-
AA+
AASovereign2.02%
1.12%
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Modified Duration: 0.20 years
Group Money Market Fund 2 ULGF01928/11/11BSLGRMMKT2109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-NOV-11Objective:
Strategy:
The primary objective of the investment fund option is to provide reasonable returns, at a high level of safety and liquidity for capital conversation for the policyholder.
The strategy of investment fund option is to make judicious investments in high quality debt and money market instruments protect capital of the policyholder with very low level of risk.
Know the Fund Better100% of the fund is invested in highest rated instruments. The fund continues to maintain very low maturity profile.
Benchmark: Crisil Liquid Fund Index
Asset held ` 0.29 Cr as on 31st January 2018: NAV as on 31st January 2018: ` 16.3500
GOVERNMENT SECURITIES: 95.54%364 Days Tbill ( MD 10/05/2018) 50.41%91 Days Tbill ( MD 01/03/2018) 34.01%8.24% GOI ( MD 22/04/2018) 7.72%323 Days Tbill ( MD 13/03/2018) 3.39%
MMI, Deposits, CBLO & Others: 4.46%
Money Market2 BM
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
MMI, Deposits,CBLO & Others
4.46%
G-Secs95.54%
Sovereign100.00%
Debt0.29 (100%)
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Group Short Term Debt Fund ULGF01322/09/08BSLGSHTDBT109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 10-Dec-08Objective:
Strategy:
This ABSLI fund option helps to provide capital preservation at a high level of safety & liquidity through judicious investments in high quality short-term debt instruments.
To actively manage the fund by building a portfolio of fixed income instruments with short-term duration. The quality & duration of the assets purchased would aim to minimize the credit risk &liquidity risk of the portfolio. Fund will maintain reasonable level of liquidity.
Know the Fund BetterExposure to Corporate Debt has increased to 82.51% from 75.01% and MMI has decreased to 17.49% from 24.99% on a MOM basis. Over 79% of the fund is invested in highest rated instruments.
Benchmark: Crisil Short Term Bond Fund Index
Asset held ` 24.42 Cr as on 31st January 2018: Modified Duration: 1.47 yearsN AV as on 31st January 2018: ` 21.1095
CORPORATE DEBT: 82.51%9.70% Power Finance Corpn. Ltd. NCD ( MD 09/06/2021) 8.66%8.55% Reliance Jio Infocomm Limited NCD PPD6 ( MD 31/07/2018) 8.22%7.55% Tube Investments Of India Ltd NCD ( MD 20/02/2020) 8.10%10.50% AU Small Finance Bank Limited NCD ( MD 19/04/2019) 7.95%9.15% Larsen & Toubro Ltd NCD ( MD 05/01/2019) 7.47%9.04% REC Ltd. NCD ( MD 12/10/2019) 6.27%9.90 HDFC Ltd. NCD ( MD 10/06/2021) 5.23%8.68% LIC Housing Finance Ltd. NCD ( MD 30/03/2020) 4.59%8.90% Indiabulls Housing Finance Ltd NCD Sr. III B ( MD 26/09 4.24%8.84% PGC Of India Ltd.NCD ( MD 21/10/2019) 4.17%Other Corporate Debt 17.61%
MMI, Deposits, CBLO & Others: 17.49%
Short Term Debt BM
ASSET ALLOCATION
AUM (In Cr) as on 31st January 2018
Debt24.42 (100%)
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits,CBLO & Others
17.49%
NCD82.51%
Rating Profile
AAA74.61%AA
9.39%
A+9.21%
AA-A1+
2.37%4.42%
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Group Short Term Debt Fund 2 ULGF02128/11/11BSLGSHTDB2109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-Nov-11Objective:
Strategy:
This ABSLI fund option helps to provide capital preservation at a high level of safety & liquidity through judicious investments in high quality short-term debt instruments.
To actively manage the fund by building a portfolio of fixed income instruments with short-term duration. The quality & duration of the assets purchased would aim to minimize the credit risk &liquidity risk of the portfolio. Fund will maintain reasonable level of liquidity.
Know the Fund BetterExposure to Corporate Debt has increased to 82.14% from 76.92% and MMI has decreased to 17.86% from 23.08% on a MOM basis. Over 78% of the fund is invested in highest rated instruments.
Benchmark: Crisil Short Term Bond Fund Index
Asset held ` 26.54 Cr as on 31st January 2018: Modified Duration: 1.69 yearsNAV as on 31st January 2018: ` 17.6424
CORPORATE DEBT: 82.14%7.90% NIRMA Ltd NCD Sr III ( MD 28/02/2020) 8.63%7.35% BPCL Ltd NCD ( MD 10/03/2022) 8.57%8.12% ONGC Mangalore Petrochemicals Ltd NCD ( MD 10/06/2 7.58%8.58% HDFC Ltd NCD ( MD 08/05/2018) 7.57%7.55% Tube Investments Of India Ltd NCD ( MD 20/02/2020) 7.46%8.70% Power Finance Corporation Ltd. NCD ( MD 14/05/2020) 7.31%8.25% Tata Sons Ltd. NCD ( MD 23/03/2022) 5.74%8.55% Reliance Jio Infocomm Limited NCD PPD6 ( MD 31/07/2018) 5.67%7.48% GRUH Finance Ltd NCD ( MD 10/06/19) F-013 5.65%8.30% NABARD NCD ( MD 12/06/2018)16B 3.78%Other Corporate Debt 14.18%
MMI, Deposits, CBLO & Others: 17.86%
Short Term Debt 2 BM
ASSET ALLOCATION
AUM (In Cr) as on 31st January 2018
Debt26.54 (100%)
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
MMI, Deposits,CBLO & Others
17.86%
NCD82.14%
Rating Profile
AAA72.09%
A1+6.04%
AA21.86%
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Group Income Advantage Fund ULGF01425/02/10BSLGINCADV109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 23-Mar-10Objective:
Strategy:
To provide capital preservation and regular income, at a high level of safety over a medium term horizon by investing in high quality debt instruments.
To build and actively manage a portfolio of high quality fixed income instruments with medium-term duration. The fund will invest in government securities, high rated corporate bonds, high quality money market instruments and other fixed income securities. The quality of the assets purchased would aim to minimize the credit risk and liquidity risk of the portfolio. The fund will maintain reasonable level of liquidity.
Know the Fund Better100% of the fund remains invested in highest rated instruments.
Benchmark: Crisil Composite Bond Fund index & Crisil Liquid Fund Index
Asset held ` 43.89 Cr as on 31st January 2018: Modified Duration: 5.68 yearsN AV as on 31st January 2018: ` 19.7992
MMI, Deposits, CBLO & Others: 7.76%
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
MMI, Deposits,CBLO & Others
7.76%
NCD42.97%
G-Secs49.28%
AAA46.58%
Sovereign53.42%
CORPORATE DEBT: 42.97%GOVERNMENT SECURITIES: 49.28%9.23% GOI 2043 ( MD 23/12/2043) 16.08%8.83% GOI 2023 ( MD 25/11/2023) 12.10%8.20% GOI ( MD 15/02/2022) 5.00%7.50% GOI 2034 (10.08.2034) 4.69%8.08% GOI ( MD 02/08/2022) 2.46%8.15% GOI FCI SB Bonds ( MD 16/10/2022) 2.42%8.40% GOI 2024 ( MD 28/07/2024) 2.37%8.30% Fertilizer Co GOI ( MD 07/12/2023) 1.35%7.80% GOI ( MD 11/04/2021) 1.28%8.13% GOI 2045 ( MD 22/06/2045) 0.71%Other Government Securities 0.81%
9.90 HDFC Ltd. NCD ( MD 10/06/2021) 6.06%8.08% Tata Sons Ltd. NCD ( MD 05/08/2026) 5.73%9.37% Power Finance Corporation Ltd NCD ( MD 19/08/2024) 4.88%9.15% Export Import Bank Of India NCD ( MD 05/09/2022) 4.78%8.65% India Infradebt Ltd NCD ( MD 21/03/2026) Series II 4.78%9.34% REC Ltd. NCD ( MD 25/08/2024) 3.66%9.25% Reliance Jio Infocomm Limited NCD ( MD 16/06/2024) 3.64%9.02% REC Ltd. NCD ( MD 19/11/2022) 3.10%8.57% REC Ltd. NCD ( MD 21/12/2024) 2.35%8.95% LIC Housing Finance Ltd NCD ( MD 15/09/2020) 2.34%Other Corporate Debt 1.65%
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Debt43.89 (100%)
Gr. Inc Adv BM
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Group Gilt Fund ULGF00630/05/03BSLIGRGILT109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-Apr-04Objective:
Strategy:
The investment fund option aims to deliver safe and consistent returns over a long-term period by investing in government securities for capital preservation of the policyholder.
The investment fund option strategy is to invest in government securities, maintaining a medium to long-term duration of the portfolio to achieve capital conversation.
Know the Fund BetterExposure to G-Secs has increased to 80.02% from and MMI has decreased to 19.98% from 20.56% on a MOM basis.
79.44%
Asset held ` 24.27 Cr as on 31st January 2018: Modified Duration: 8.38 yearsN AV as on 31st January 2018: ` 25.7923
MMI, Deposits, CBLO & Others: 19.98%
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
Sovereign100.00%
GOVERNMENT SECURITIES: 80.02%8.83% GOI 2041 ( MD 12/12/2041) 28.61%9.23% GOI 2043 ( MD 23/12/2043) 19.07%8.17% GOI 2044 ( MD 01/12/2044) 12.87%9.15% GOI 2024 ( MD 14/11/2024) 3.56%9.20% GOI 2030 ( MD 30/09/2030) 3.22%8.83% GOI 2023 ( MD 25/11/2023) 3.06%8.30% GOI 2042 ( MD 31/12/2042) 2.65%8.28% GOI 2027 ( MD 21/09/2027) 2.14%8.15% GOI 2022 ( MD 11/06/2022) 2.12%8.20% GOI Oil SPL Bond 2023 ( MD - 10/11/2023) 1.39%Other Government Securities 1.34%
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Debt24.27 (100%)
MMI, Deposits,CBLO & Others
19.98%
G-Secs80.02%
GOVERNMENT SECURITIES: 1.99%7.75% Power Finance Corpn. Ltd. NCD ( MD 22/03/2027) 1.99%
Group Bond Fund ULGF00530/05/03BSLIGRBOND109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-Jan-07Objective:
Strategy:
The investment fund option aims to achieve capital preservation alongwith stable returns by investing in corporate bonds over medium-term period.
The fund follows a strategy to invest in high credit rated corporate bonds, maintaining a short-term duration of the portfolio at a medium level of risk to achieve capital conservation.
Know the Fund BetterExposure to Corporate Debt has decreased to 88.11% from 90.18% and MMI has slightly increased to 9.90% from 9.82% on a MOM basis. Over 82% of the fund remains invested in highest rated instruments.
Asset held ` 349.13 Cr as on 31st January 2018: Modified Duration: 3.78 yearsN AV as on 31st January 2018: ` 30.4670
CORPORATE DEBT: 88.11%9.25% Reliance Jio Infocomm Limited NCD ( MD 16/06/2024) 3.66%9.74% Tata Sons Ltd. NCD ( MD 13/01/2024) 3.54%9.05% Petronet LNG Ltd NCD ( MD 28/10/2019) 3.35%Tata Sons Ltd. Zero Coupon (8.07% XIRR) NCD ( MD 03/09/2029) 3.21%8.30% REC Ltd. NCD ( MD 10/04/2025) 3.20%9.50% HDFC Ltd NCD ( MD 13/08/2024) 3.09%8.60% India Infradebt Ltd NCD ( MD 08/01/2021) Series I 2.99%8.54% Nuclear Power Corporation Of India Limited ( MD 15/03/2 2.96%8.40% Power Grid Corporation NCD ( MD 27/05/2027) [I] 2.93%7.89% Can Fin Homes Ltd. NCD MD (18/05/2022) Series 6 2.87%Other Corporate Debt 56.31%
MMI, Deposits, CBLO & Others: 9.90%
Gr.Bond BM
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
MMI, Deposits,CBLO & Others
9.90%
NCD88.11%
1.99%
Benchmark: Crisil AAA Medium Term Bond Index, Crisil AA Medium Term Bond Index & Crisil Liquid Fund Index
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Debt349.13 (100%)
AAA81.92%
AA
AA-
AA+ A+
8.55%
5.34%
3.06%
1.14%
G-Secs
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15Ju
l-15
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Group Fixed Interest Fund ULGF00416/07/02BSLGFIXINT109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 18-Nov-02Objective:
Strategy:
The investment fund option with full exposure in debt market instrument, aims to achieve value creation at low risk over along-term horizon by investing into high quality fixed interest securities.
Active fund management at a medium level of risk by having entire exposure to government securities, corporate bonds maintaining medium to long-term duration of the portfolio to achieve capital conservation.
Know the Fund BetterExposure to Corporate Debt has increased to 50.56% from 49.20% G-Secs has slightly increased to 38.35% from 38.15% and MMI has decreased to 11.08% from 12.66% on a MOM basis. Over 85% of the fund remains invested in highest rated instruments.
Modified Duration: 5.08 yearsNAV as on 31st January 2018: ` 35.6255
GOVERNMENT SECURITIES: 38.35%8.60% GOI 2028 ( MD 02/06/2028) 5.85%8.13% GOI 2045 ( MD 22/06/2045) 5.04%7.61% GOI 2030 ( MD 09/05/2030) 4.97%8.40% GOI 2024 ( MD 28/07/2024) 4.43%8.97% GOI 2030 ( MD 05/12/2030) 3.57%8.33% GOI 2026 ( MD 09/07/2026) 3.54%8.83% GOI 2041 ( MD 12/12/2041) 2.37%8.17% GOI 2044 ( MD 01/12/2044) 2.01%8.67% State Developement -Maharashtra 2026 ( MD 24/02/2026) 1.90%7.72% GOI 2025 ( MD 25/05/2025) 1.85%Other Government Securities 2.82%
MMI, Deposits, CBLO & Others: 11.08%
Fixed Interest BM
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
MMI, Deposits,CBLO & Others
11.08%
NCD50.56%
G-Secs38.35%
AAA40.60%
AA
AA+A+
A1+
9.06%4.58%
2.44%1.23%
Sovereign42.08%
Benchmark: Crisil Composite Bond Fund index & Crisil Liquid Fund Index
CORPORATE DEBT: 50.56%8.75% HDFC Ltd. NCD (04/03/2021)(Series P-002) (PUT Opt 14/0 4.62%9.25% Reliance Jio Infocomm Limited NCD ( MD 16/06/2024) 2.81%8.30% REC Ltd. NCD ( MD 10/04/2025) 2.33%9.24% LIC Housing Finance Ltd NCD ( MD 30/09/2024) 2.25%9.55% Hindalco Industries Ltd. NCD ( MD 27/06/2022) 2.19%7.80% Apollo Tyres Limited Series A Maturity 29Th Apr 2022 1.81%8.90% Indiabulls Housing Finance Ltd NCD Sr. III B ( MD 26/09 1.81%9.20% Cholamandalam Invt And Fin Co Ltd NCD ( MD 04/04/2019) 1.51%8.92% Tata Capital Financial Services Limited. Sub Debt NCD 1.42%7.89% Can Fin Homes Ltd. NCD MD (18/05/2022) Series 6 1.38%Other Corporate Debt 28.43%
Asset held ̀ 1090.31 Cr as on 31st January 2018:
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Debt1,090.31 (100%)
Jan-
11
Jul-1
1
Jan-
12
Jul-1
2
Jan-
13
Jul-1
3
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18
Group Fixed Interest Fund 2 ULGF01728/11/11BSLGFXINT2109Fund Manager: Parin Vora | Total Experience: 18 years
Portfolio as on Wednesday, January 31, 2018
Fund Snapshot Date of Inception: 28-Nov-11Objective:
Strategy:
The investment fund option with full exposure in debt market instrument, aims to achieve value creation at low risk over along-term horizon by investing into high quality fixed interest securities.
Active fund management at a medium level of risk by having entire exposure to government securities, corporate bonds maintaining medium to long-term duration of the portfolio to achieve capital conservation.
Know the Fund BetterExposure to 97.69%and MMI has increased to 3.98% from 2.31% on a MOM basis. 100% of the fund remains invested in highest rated instruments.
G-Secs has decreased to 96.02% from
Asset held ` 3.33 Cr as on 31st January 2018: Modified Duration: 5.43 yearsNAV as on 31st January 2018: ` 18.6314
GOVERNMENT SECURITIES: 96.02%8.20% GOI 2025 ( MD 24/09/2025) 96.02%
MMI, Deposits, CBLO & Others: 3.98%
FIF 2 BM
ASSET ALLOCATION
Rating Profile
AUM (In Cr) as on 31st January 2018
MMI, Deposits,CBLO & Others
3.98%
G-Secs96.02%
Sovereign100.00%
Benchmark: Crisil Composite Bond Fund index & Crisil Liquid Fund Index
Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com
Debt3.33 (100%)
Jan-
14
Jul-1
4
Jan-
15
Jul-1
5
Jan-
16
Jul-1
6
Jan-
17
Jul-1
7
Jan-
18