Individual Fund
Guarantee Fund
(ULIF-048-05/02/10-GRTFND-107)
MONTHLY UPDATE JANUARY 2024
|
AS ON 31st December 2023
|
Aims to provide stable, long-term inflation beating growth over medium to long-term and defend capital against short-term capital shocks
Date of Inception
05th February 2010
AUM (in Lakhs)
529.51
NAV
29.6004
Fund Manager
Equity : Hemant Kanawala
Debt : Manoj Bharadwaj
Debt : Manoj Bharadwaj
Benchmark Details
Equity - 37.5% (Nifty);
Debt - 62.5% (Crisil Composite Bond)
Modified Duration
Debt & Money Market Instruments : 0.85
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 00 - 75 | 52 |
| Gsec / Debt | 00 - 100 | 15 |
| MMI / Others | 00 - 100 | 33 |
Performance Meter
| Guarantee Fund (%) | Benchmark (%) | |
| 1 month | 4.5 | 3.6 |
| 3 months | 6.4 | 5.0 |
| 6 months | 8.9 | 6.8 |
| 1 year | 14.0 | 12.0 |
| 2 years | 7.7 | 7.7 |
| 3 years | 9.9 | 8.8 |
| 4 years | 9.3 | 10.2 |
| 5 years | 8.9 | 10.5 |
| 6 years | 8.1 | 9.5 |
| 7 years | 9.1 | 10.1 |
| 10 years | 9.0 | 10.4 |
| Inception | 8.1 | 9.5 |
| Holdings | % to Fund |
| Equity | 52.26 |
| HDFC Bank Ltd. | 4.98 |
| Reliance Industries Ltd | 4.89 |
| ICICI Bank Ltd. | 3.52 |
| Infosys Ltd. | 3.16 |
| Larsen And Toubro Ltd. | 2.57 |
| I T C Ltd. | 2.48 |
| Tata Consultancy Services Ltd. | 2.23 |
| Bharti Airtel Ltd. | 1.67 |
| Axis Bank Ltd. | 1.54 |
| Hindustan Unilever Ltd | 1.48 |
| State Bank of India. | 1.24 |
| National Thermal Power Corporation Ltd | 1.04 |
| Mahindra & Mahindra Ltd | 0.99 |
| Bajaj Finance Ltd | 0.98 |
| Asian Paints Ltd | 0.96 |
| Sun Pharmaceuticals Ltd | 0.91 |
| Titan Industries Ltd | 0.90 |
| HCL Technologies Ltd | 0.89 |
| Maruti Suzuki India Ltd | 0.88 |
| UltraTech Cement Ltd. | 0.81 |
| Others | 14.14 |
| G-Sec | 5.34 |
| 8.84% PN SDL - 11.06.2024 | 0.28 |
| 8.44% RJ SDL - 27.06.2028 | 0.24 |
| 7.40% GOI 2035 - 09.09.35 | 0.24 |
| 8.32% KA SDL - 06.02.2029 | 0.22 |
| 9.35% MH SDL - 30.01.2024 | 0.21 |
| 8.52% KA SDL - 28.11.2028 | 0.21 |
| 9.69% PN SDL - 12.02.2024 | 0.20 |
| 8.26% MH SDL -02.01.2029 | 0.19 |
| 6.83% GOI - 19.01.39 | 0.17 |
| 8.27% TN SDL - 13.01.2026 | 0.17 |
| Others | 3.21 |
| Corporate Debt | 10.00 |
| 7.85% PFC - 03.04.2028 | 5.69 |
| 9.30% PGC - 28.06.2024 | 2.37 |
| 8.57% REC - 21.12.2024 | 1.90 |
| 8.49% NTPC - 25.03.2025 | 0.04 |
| 5.50% Britannia Industries Ltd - 03.06.2024 | 0.01 |
| MMI | 31.16 |
| NCA | 1.23 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
