Individual Fund
Guarantee Fund
(ULIF-048-05/02/10-GRTFND-107)
MONTHLY UPDATE MARCH 2024
|
AS ON 29th February 2024
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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)
537.48
NAV
30.0484
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 : 0.98
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 00 - 75 | 61 |
| Gsec / Debt | 00 - 100 | 15 |
| MMI / Others | 00 - 100 | 24 |
Performance Meter
| Guarantee Fund (%) | Benchmark (%) | |
| 1 month | 1.0 | 1.1 |
| 3 months | 6.1 | 5.3 |
| 6 months | 9.4 | 7.7 |
| 1 year | 17.5 | 15.3 |
| 2 years | 9.2 | 9.1 |
| 3 years | 9.9 | 9.3 |
| 4 years | 10.6 | 11.0 |
| 5 years | 9.3 | 10.8 |
| 6 years | 8.6 | 10.0 |
| 7 years | 8.8 | 9.9 |
| 10 years | 9.1 | 10.5 |
| Inception | 8.1 | 9.5 |
| Holdings | % to Fund |
| Equity | 61.25 |
| HDFC Bank Ltd. | 5.81 |
| Reliance Industries Ltd | 5.76 |
| ICICI Bank Ltd. | 4.67 |
| Infosys Ltd. | 3.86 |
| Larsen And Toubro Ltd. | 2.83 |
| Tata Consultancy Services Ltd. | 2.68 |
| I T C Ltd. | 2.50 |
| Bharti Airtel Ltd. | 2.01 |
| Axis Bank Ltd. | 1.89 |
| State Bank of India. | 1.81 |
| Hindustan Unilever Ltd | 1.52 |
| Sun Pharmaceuticals Ltd | 1.23 |
| Mahindra & Mahindra Ltd | 1.21 |
| National Thermal Power Corporation Ltd | 1.19 |
| HCL Technologies Ltd | 1.14 |
| Bajaj Finance Ltd | 1.14 |
| Tata Motors Ltd. | 1.13 |
| Maruti Suzuki India Ltd | 1.05 |
| Titan Industries Ltd | 1.02 |
| Power Grid Corporation of India Ltd | 0.93 |
| Others | 15.87 |
| G-Sec | 4.77 |
| 8.84% PN SDL - 11.06.2024 | 0.28 |
| 7.40% GOI 2035 - 09.09.35 | 0.24 |
| 8.44% RJ SDL - 27.06.2028 | 0.24 |
| 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 |
| 6.83% GOI - 19.01.39 | 0.17 |
| 8.27% TN SDL - 13.01.2026 | 0.17 |
| 7.20% GJ SDL - 14.06.2027 | 0.16 |
| 8.83% GOI - 12.12.2041 | 0.13 |
| Others | 2.77 |
| Corporate Debt | 9.87 |
| 7.85% PFC - 03.04.2028 | 5.62 |
| 9.30% PGC - 28.06.2024 | 2.33 |
| 8.57% REC - 21.12.2024 | 1.87 |
| 8.49% NTPC - 25.03.2025 | 0.04 |
| 5.50% Britannia Industries Ltd - 03.06.2024 | 0.01 |
| MMI | 23.26 |
| NCA | 0.86 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
