Individual Fund
Guarantee Fund
(ULIF-048-05/02/10-GRTFND-107)
MONTHLY UPDATE MAY 2024
|
AS ON 30th April 2024
|
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)
544.26
NAV
30.5853
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 : 0.83
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 00 - 75 | 55 |
| Gsec / Debt | 00 - 100 | 15 |
| MMI / Others | 00 - 100 | 30 |
Performance Meter
| Guarantee Fund (%) | Benchmark (%) | |
| 1 month | 0.7 | 0.4 |
| 3 months | 2.9 | 2.6 |
| 6 months | 11.5 | 9.5 |
| 1 year | 17.1 | 13.4 |
| 2 years | 10.0 | 9.8 |
| 3 years | 10.1 | 9.2 |
| 4 years | 12.6 | 12.3 |
| 5 years | 8.7 | 10.2 |
| 6 years | 8.5 | 10.0 |
| 7 years | 8.6 | 9.7 |
| 10 years | 8.9 | 10.2 |
| Inception | 8.2 | 9.5 |
| Holdings | % to Fund |
| Equity | 54.83 |
| HDFC Bank Ltd. | 5.22 |
| Reliance Industries Ltd | 5.20 |
| ICICI Bank Ltd. | 4.17 |
| Infosys Ltd. | 2.91 |
| Larsen And Toubro Ltd. | 2.53 |
| I T C Ltd. | 2.32 |
| Tata Consultancy Services Ltd. | 2.22 |
| Bharti Airtel Ltd. | 2.09 |
| Axis Bank Ltd. | 1.71 |
| State Bank of India. | 1.64 |
| Mahindra & Mahindra Ltd | 1.25 |
| Hindustan Unilever Ltd | 1.24 |
| National Thermal Power Corporation Ltd | 1.13 |
| Tata Motors Ltd. | 1.03 |
| Sun Pharmaceuticals Ltd | 1.03 |
| Maruti Suzuki India Ltd | 1.01 |
| Bajaj Finance Ltd | 0.99 |
| Power Grid Corporation of India Ltd | 0.90 |
| Titan Industries Ltd | 0.87 |
| HCL Technologies Ltd | 0.83 |
| Others | 14.53 |
| G-Sec | 4.86 |
| 8.84% PN SDL - 11.06.2024 | 0.27 |
| 7.40% GOI 2035 - 09.09.35 | 0.23 |
| 8.44% RJ SDL - 27.06.2028 | 0.23 |
| 8.32% KA SDL - 06.02.2029 | 0.21 |
| 8.52% KA SDL - 28.11.2028 | 0.20 |
| 8.26% MH SDL -02.01.2029 | 0.19 |
| 7.18% GOI - 24.07.2037 | 0.18 |
| 6.83% GOI - 19.01.39 | 0.17 |
| 8.27% TN SDL - 13.01.2026 | 0.16 |
| 7.20% GJ SDL - 14.06.2027 | 0.16 |
| Others | 2.85 |
| Corporate Debt | 9.70 |
| 7.85% PFC - 03.04.2028 | 5.53 |
| 9.30% PGC - 28.06.2024 | 2.30 |
| 8.57% REC - 21.12.2024 | 1.85 |
| 8.49% NTPC - 25.03.2025 | 0.02 |
| 5.50% Britannia Industries Ltd - 03.06.2024 | 0.01 |
| MMI | 29.39 |
| NCA | 1.21 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
