Group Fund Factsheet February 2020 · Market Fund Money Market Fund 2 Short Term Debt Fund Short...

Life InsuranceAditya Birla Sun LifeInsurance Company Limited

Group Fund FactsheetFebruary 2020

Aditya Birla Sun Life Insurance Company Limited | adityabirlasunlifeinsurance.com

LIFE INSURANCE

Aditya 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


Market Update


Source: Tradingeconomics.com

Global Factors

a) -There has been a rapid outbreak of COVID-19 outside China across 65 countries leading to concerns of a

potential pandemic. This led to a sharp sell off in equity markets worldwide and fall in bond yields. We have currently seen

over 90,000 cases with fatality rate is around 3%.

b) -US 10 year yield fell an all-time low of 1.04% due to COVID-19 outbreak.

d) -China's manufacturing PMI plunged to an all-time low of 35.7 in February'20, amidst factory

shutdowns owing to Lunar New Year holiday and COVID-19.

e) - Industrial production in Euro Area fell to a 4-year low in December'19 to -2.1%.

COVID-19

US 10 year

China Manufacturing PMI

Eurozone's Industrial Production

Source: Tradingeconomics.com

Economy Review

Domestic Factors

The key events in the month were –

Inflation- CPI rose to 7.6% in January'20 from 7.4% in December'19, due higher core inflation. WPI rose to 3.1% in January'20

Vs 2.6% in December'19.

a) - GDP growth moderated to 4.7% in Q3FY20 as against an upward revision of 5.1% in Q2FY20. The NSO expects FY20

GDP growth at 5%.

b) - Manufacturing PMI for India declined to 54.5 in February'20 from 55.3 in January'20, as business

sentiment took a hit due to concerns over the impact of COVID-19.

c) - GST collection increased 8.3% YoY to Rs1,054 bn in February'20, slightly lesser than Rs1,108 bn a month

ago.

d) - Trade deficit widens to a seven month high in January'20 to $15 billion, as exports fell by 1.7% while imports

fell by 0.8%.

GDP

Manufacturing PMI

GST Collection

Trade Deficit

Domestic Macro Economic Data.

On the economy front, IIP growth fell to -0.3% in December'19 Vs 1.8% in November'19. This was due to degrowth in

manufacturing and electricity but mining sector reported growth.

CPI WPI

Inflation

IIP

1.6

0.1 0.4

4.3 4.6

1.2

4.6

-1.4

-4.3 -4.0

1.8

-0.3

-6

-4

-2

0

2

4

6

Jan-

19

Feb-

19

Mar

-19

Apr-

19

May

-19

Jun-

19

Jul-

19

Aug-

19

Sep-

19

Oct

-19

Nov

-19

Dec

-19

2.6 2

.9 3.0 3.1 3.2

3.2 3.3

4.0

4.6

5.5

7.4 7.6

2.9 3.1 3.2

2.8

2.0

1.1

1.1

0.3

0.2 0

.6

2.6

3.1

0

1

2

3

4

5

6

7

8

Feb

-19

Mar

-19

Ap

r-1

9

May

-19

Jun

-19

Jul-

19

Au

g-1

9

Sep

-19

Oct

-19

No

v-1

9

Dec

-19

Jan

-20

Market Update


Nifty

Sensex

BSE 100

Dow Jones

Hang Seng

Nikkei

Nasdaq

INDEX 29-Dec-17 30-Nov-17 % Change

11201.75 11962.10 -6.36%

38297.29 40723.49 -5.96%

11292.68 12082.99 -6.54%

25409.36 28256.03 -10.07%

21142.96 23205.18 -8.89%

26129.93 26312.63 -0.69%

8567.37 9150.94 -6.38%

Nifty

Sensex

BSE 100

Dow Jones

Hang Seng

Nikkei

Nasdaq

INDEX 28-Feb-20 31-Jan-20 % Change

10 Yr G-Sec Yield 5 year AAA Corporate Bond Spread

10 Year G-Sec

5 Year G-Sec

90 Day T Bill

364 Day T-Bill

Call Rates

6.37% 6.60% -3.61%

6.21% 6.59% -6.12%

5.06% 5.12% -1.19%

5.13% 5.27% -2.73%

4.90% 4.91% -0.20%

Key Indices % Change28-Feb-20 31-Jan-20

Perc

enta

ge (%

)

Outlook for Equities

Equity markets fell 6.4% in the month of February'20, as growth in number of new cases of COVID-19 outside China led to a WHO warning

of a possible global pandemic. This led to a sell off in global equity markets due to its negative impact on global economy and corporate

earnings. To prevent the further spread of the virus, many countries might go in for extended shutdowns of factories and other business

activities. Many countries have come out with travel advisories also resulting in further slower business activity across the globe. This

might lead to slowdown in consumption demand and supply disruption impacting many industries interconnected across the world.

FIIs net inflows was $0.8 bn in Indian equities in February'20. DIIs were net buyers of $2.4bn in February'20, highest monthly inflow in the

last 6 months. Moody's slashed India's GDP growth forecast by 120bps to 5.4% for CY20 and 90bps to 5.8% for CY21.

Post the fall, Nifty is currently trading at around 17x FY21e earnings, slightly lower than its 10-year average. The most vital thing to be

watched is the growth of new cases of COVID-19 around the world-outside China. Coordinated easing is expected from Central banks to

support growth. We expect 18% growth in earnings for FY21 driven by earnings growth traction in BFSI and FMCG. Equity investors should

understand that historically these adverse events act as good opportunities to buy for long term wealth creation.

Outlook for Debt

February’20 had the unveiling of much awaited union budget which came without announcement of additional borrowing, although the

fiscal deficit target was revised upwards. The budget also guided on special G-sec securities which would be issued without limits to NRI’s.

RBI monetary policy did not cut repo rate but made unconventional announcements in the form of long term repo operations (LTRO) to the

tune of Rs1 tn. These LTRO would provide banks 1 year and 3 year liquidity at repo rate for lending. This liquidity enhancing measure by RBI

was considered equivalent to a rate cut. RBI also guided for lower CPI inflation towards Q3FY21 and considered recent high readings as

transitory. CPI for the month of February came at 7.6% due to base effect, higher prices of food, medicine and telecom. India GDP for

Q3FY20 came at 4.7% supported by private consumption and government expenditure even as investment rate contracted.

Global factors were bond positive as heightened fear of COVID-19 led to risk aversion. COVID-19 spread to 65 countries and caused sell

off in risk assets. US 10-year yield slipped below 2016 lows to 1.04%. Overall bonds trading in negative yield touched above $14 tn from

$11 tn in January’20. Gold prices also rallied to touch at seven year high of $1688/oz. Global crude oil prices have slipped more than 25%

in the last two months.

Rates movement will be guided in the near term by global factors, inflation numbers and continuation of LTRO’s by RBI. Yield on the 10 year

G-sec closed at 6.37% down 19 bps in the month. In the near term we expect yields to be in a range of 6.30%-6.50%. Corporate bond

spreads over G-sec is at 75 bps and likely to move towards 85 bps.

NSEBSE

4000

5000

6000

7000

8000

9000

10000

11000

12000

13000

14000

32000

34000

36000

38000

40000

42000

Fe

b-1

9

Ma

r-1

9

Ap

r-1

9

Ma

y-1

9

Ju

n-1

9

Ju

l-1

9

Au

g-1

9

Se

p-1

9

Oct-

19

No

v-1

9

De

c-1

9

Ja

n-2

0

Fe

b-2

0

50

70

90

110

130

150

6.0

7.0

8.0

Fe

b-1

9

Ma

r-1

9

Ap

r-1

9

Ma

y-1

9

Ju

n-1

9

Ju

l-1

9

Au

g-1

9

Se

p-1

9

Oct-

19

No

v-1

9

De

c-1

9

Ja

n-2

0

Fe

b-2

0

Fund Managers Profile

Debt Fund SFIN No FundManager

Group Money Market Fund

Group Money Market Fund 2

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 ManagerNo. of Funds Managed

Debt Fund

Debt Fund

Balanced Fund Equity Fund

Mr. Parin Vora

Mr. Sameer Mistry

9

-

6

6

-

-

Mr. Sameer Mistry – Vice President - Investments

Mr. Sameer Mistry – Joined ABSLI in January 2009. He has over 20

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 – Joint Vice President - Investments

Mr. Parin Vora has been with ABSLI since October 2007 and is primarily

responsible for Fixed Income trading and Fund Management. He has

19 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

FundManager

Mr. Sameer Mistry


Fund Performance as on 28th February 2020

Group Funds Figures in percentage (%)

Disclaimer:

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS:

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 expressedherein. 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 investmentstrategy, 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 sofar 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 CompanyLimited, 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 mattercontained 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. Thepremium 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 performanceofinvestment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions Insurance is the subject matter of solicitation.

IRDA clarifies to public that IRDA or its officials do not involve inactivities like sale of any kind ofinsurance 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 of

phone call, number.

* Duration for Money Market Instrument and FD’s is considered as "Zero".

Returns

Absolute

CAGR

Period Secure

FundBM BM BM BMBMStable

Fund

Stable

Fund 2

Growth

Fund 2

Growth

Fund

1 month

3 months

6 months

1 Year

2 Years

3 Years

4 Years

5 Years

Since Inception

Returns

Absolute

CAGR

Period Growth

AdvantageBM BM BM BM BMMoney

Market Fund

Money

Market Fund 2

Short Term

Debt Fund

Short Term

Debt Fund 2

1 month

3 months

6 months

1 Year

2 Years

3 Years

4 Years

5 Years

Since Inception

Returns

Absolute

CAGR

Period Income

Advantage FundGilt Fund Bond Fund Fixed

Interest Fund

Fixed

Interest Fund 2BM BM BM BM

1 month

3 months

6 months

1 Year

2 Years

3 Years

4 Years

5 Years

Since Inception

3.65

4.69

4.84

15.16

11.90

8.81

9.99

8.45

7.60

Secure

Stable

Stable 2

Growth

Growth 2

Growth Advantage

Money Market

Money Market 2

Short Term Debt Fund

Short Term Debt 2

Income Advantage

Gilt Fund

Bond Fund

Fixed Interest

Fixed Interest 2

BSE 100

BSE 100

BSE 100

BSE 100

BSE 100

BSE 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 Index






-

Crisil Short Term Bond Fund Index

Crisil Short Term Bond Fund Index


-

Crisil AAA Medium Term Bond Fund Index

Crisil AA Medium Term Bond Fund Index



-

Crisil 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


0.17 0.17

1.01 0.58

4.04 3.61

10.75 9.68

8.48 7.28

8.13 6.86

10.00 8.49

7.82 6.78

10.23 8.22

-2.75 -3.33

-2.23 -3.46

3.58 2.15

8.70 5.38

5.76 3.99

8.56 6.45

12.67 9.85

7.47 5.42

11.44 6.42

-0.90 -1.14

-0.30 -0.94

3.72 3.08

9.78 8.08

7.46 6.07

8.25 6.74

10.91 9.03

7.61 6.31

12.22 9.25

-2.07 -2.46

-1.46 -2.46

3.66 2.53

9.48 6.47

6.48 4.83

8.64 6.58

12.21 9.53

7.74 5.79

13.43 10.20

-2.03 -2.46

-1.29 -2.46

3.99 2.53

10.04 6.47

7.05 4.83

9.33 6.58

13.04 9.53

8.64 5.79

11.91 8.81

-0.74 -1.14

0.06 -0.94

4.21 3.08

10.95 8.08

8.44 6.07

9.21 6.74

11.98 9.03

8.68 6.31

10.98 8.58

0.39 0.33

1.24 1.09

2.70 2.29

6.28 5.37

6.73 5.92

6.54 5.78

6.81 5.88

7.04 6.07

8.65 6.46

0.40 0.33

1.27 1.09

2.76 2.29

5.81 5.37

6.14 5.92

6.17 5.78

6.43 5.88

6.75 6.07

7.74 6.83

0.85 1.11

1.59 2.11

4.01 4.15

9.72 9.36

8.72 7.82

7.81 6.70

8.02 7.10

7.91 7.07

8.51 7.28

0.85 1.11

1.85 2.11

3.81 4.15

9.43 9.36

8.63 7.82

8.02 6.70

8.33 7.10

8.32 7.07

9.31 7.60

1.83 1.85

2.47 2.54

4.25 4.19

12.32 11.40

10.05 8.68

8.00 6.90

8.90 7.62

8.14 7.28

9.09 7.44

1.31 1.36

2.15 2.33

4.70 4.85

11.06 10.89

8.92 7.82

7.53 6.80

8.29 7.59

7.87 7.24

9.85 7.95

1.90 1.85

2.78 2.54

4.75 4.19

13.42 11.40

10.70 8.68

8.52 6.90

9.31 7.62

8.28 7.28

8.85 6.48

2.02 1.85

2.61 2.54

4.47 4.19

12.28 11.40

11.17 8.68

8.81 6.90

9.74 7.62

9.14 7.28

10.60 7.83

Benchmark: BSE 100, Crisil Composite Bond Fund Index & Crisil Liquid Fund Index

Asset held 2691.47 Cr`as on 28th February 2020:

EQUITY: 16.97%

NAV as on 28th February 2020: 61.8472`

Group Secure Fund SFIN No.ULGF00212/06/01BSLGSECURE109

Fund Manager: Sameer Mistry (Equity) & Parin Vora (Debt) | Total Experience: 20 years &19 years

Portfolio as on Friday, February 28, 2020

Fund Snapshot Date of Inception: 19-Jun-01

Objective:

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 Better

Exposure to equities

,

and MMI has to 19.66% from on

a MOM basis. Over 90% 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 to 16.97% from

G-Secs has to 26.45% from

decreased

18.32% slightly increased

25.93% decreased 20.50%

CORPORATE DEBT: 36.92%GOVERNMENT SECURITIES: 26.45%

9.20% GOI 2030 (MD 30/09/2030) 4.45%

8.83% GOI 2023 (MD 25/11/2023) 3.18%

8.60% GOI 2028 (MD 02/06/2028) 2.93%

8.33% GOI 2026 (MD 09/07/2026) 2.29%

8.17% GOI 2044 (MD 01/12/2044) 1.88%

9.23% GOI 2043 (MD 23/12/2043) 1.20%

8.13% GOI 2045 (MD 22/06/2045) 1.06%

8.97% GOI 2030 (MD 05/12/2030) 0.87%

7.16% GOI 2023 (MD 20/05/2023) 0.77%

8.32% GOI (MD 02/08/2032) 0.71%

Other Government Securities 7.12%

9.60% Hindalco Industries Ltd. NCD

(MD 02/08/2022) 1.77%

8.45% HDFC Ltd. NCD MD (18/05/2026)

(Series P - 012) 1.70%

6.98% NABARD NCD (MD 30/09/2020) 18G 1.12%

8.30% IRFC NCD (MD 25/03/2029) 1.00%

8.15% Tata Steel Ltd NCD (MD 01/10/2026) 0.97%

9.00% Godrej & Boyce Man Co Ltd. NCD MD

(22/04/21) (Step Up 0.95%

8.75% HDFC Ltd. NCD (04/03/2021)

(Series P-002) (Put Opt 14/0 0.95%

8.00% National Housing Bank

(Call/Put22/05/2020 MD 22/02/2022) 0.95%

7.54% IRFC NCD (MD 31/10/2027) 0.95%

7.50 HDFC Ltd. NCD (MD 07/07/2020) 0.93%

Other Corporate Debt 25.63%

HDFC Bank Limited 1.88%

Reliance Industries Limited 1.47%

Housing Development Finance Corporation 1.26%

ICICI Bank Limited 1.23%

Infosys Limited 1.04%

Kotak Mahindra Bank Limited 0.69%

Larsen & Toubro Limited 0.61%

Tata Consultancy Services Limited 0.61%

Hindustan Unilever Limited 0.55%

ITC Limited 0.54%

Other Equity 7.08%

MMI, Deposits, CBLO & Others: 19.66%

SECTORAL ALLOCATION

ASSET ALLOCATION

Rating Profile

AUM (In Cr) as on 28th February 2020

AAA35.88%

AA

16.30%

AA+

6.64%A1+

2.90% AA-0.64%

Sovereign37.63%


MMI, Deposits,CBLO & Others

19.66%NCD

Equity16.97%

26.45%G-Secs

36.92%

Debt2234.85(83%)

Equity456.61(17%)

Modified Duration: 3.59 years

Secure BM

7.30%

3.15%

3.20%

3.89%

4.74%

8.38%

8.63%

10.20%

10.26%

12.55%

27.69%

OTHERS

TELECOMMUNICATION

CEMENT

AUTOMOBILE

PHARMACEUTICALS

FINANCIAL SERVICES

CAPITAL GOODS

FMCG

OIL AND GAS

SOFTWARE / IT

BANKING

Fe

b-1

3

Au

g-1

3

Fe

b-1

4

Au

g-1

4

Fe

b-1

5

Au

g-1

5

Fe

b-1

6

Au

g-1

6

Fe

b-1

7

Au

g-1

7

Fe

b-1

8

Au

g-1

8

Fe

b-1

9

Au

g-1

9

Fe

b-2

0


Asset held `as on 28th February 2020: 620.12 Cr Modified Duration: 4.76 years

EQUITY: 30.22%CORPORATE DEBT: 24.68%GOVERNMENT SECURITIES: 32.76%


Group Stable Fund SFIN No.ULGF00312/06/01BSLGSTABLE109



Fund Snapshot Date of Inception: 31-Aug-01

Objective:

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.


Over 92% of the debt portfolio remains invested in highest

rated instruments.



9.23% GOI 2043 (MD 23/12/2043) 5.95%

8.33% GOI 2026 (MD 09/07/2026) 4.91%

8.83% GOI 2023 (MD 25/11/2023) 3.51%

9.20% GOI 2030 (MD 30/09/2030) 2.87%

7.59% GOI 2029 (MD 20/03/2029) 2.57%

8.28% GOI (MD 15/02/2032) 2.30%

8.17% GOI 2044 (MD 01/12/2044) 1.87%

8.60% GOI 2028 (MD 02/06/2028) 1.82%

7.61% GOI 2030 (MD 09/05/2030) 1.29%

8.08% GOI (MD 02/08/2022) 1.06%


9.00 HDFC Ltd. NCD (MD 29/11/2028)Series U-005 3.59%7.85% Indian Hotels Co Ltd(MD 15/04/2022) S-1 2.99%8.75% LIC Housing Finance LtdNCD (MD 08/12/2028) 2.66%7.43% Nabard GOI Fully ServicedNCD (MD 31/01/2030) 2.48%7.10% ICICI Basel III Tier II(MD 17/02/2030) 2.40%9.475% Aditya Birla Finance Ltd NCD G-8(MD 18/03/2022) 1.71%7.80% Apollo Tyres Limited Series BMaturity 28Th Apr 2023 1.67%7.99% HDFC Ltd NCD (MD 11/07/24)Series V-006 1.19%8.40% Power Grid Corporation NCD(MD 27/05/2027) [I] 0.86%8.80% Tata Capital Financial Services LtdNCD MD 27/09/2021 0.84%Other Corporate Debt 4.29%









ITC Limited 0.96%

Bharti Airtel Limited 0.95%

Other Equity 12.75%


SECTORAL ALLOCATION


Equity

Debt

187.40(30%)

432.72(70%)

ASSET ALLOCATION


12.34%

NCD24.68%

G-Secs

Equity

32.76%

30.22%


Stable BM

Rating Profile

AAA27.90%

AA-A1+

0.05%AA+7.96%

5.85%

Sovereign58.24%

7.90%

3.03%

3.14%

3.88%

4.78%

8.31%

8.59%

10.02%

10.04%

12.82%

27.50%

OTHERS

CEMENT

TELECOMMUNICATION

AUTOMOBILE

PHARMACEUTICALS

FINANCIAL SERVICES

CAPITAL GOODS

FMCG

OIL AND GAS

SOFTWARE / IT

BANKING

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MMI, Deposits,CBLO & Others 4.14%

NCD

Equity

12.74%

29.13%

G-Secs53.99%


Asset held 2.75 Cr`as on 28th February 2020: Modified Duration: 4.06 years


MMI, Deposits, CBLO & Others: 12.74% ASSET ALLOCATION


Group Stable Fund 2 SFIN No.ULGF02228/11/11BSLGSTABL2109



Fund Snapshot Date of Inception: 28-Nov-11

Objective:

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.




7.80% GOI (MD 11/04/2021) 13.07%

9.20% GOI 2030 (MD 30/09/2030) 8.63%

9.23% GOI 2043 (MD 23/12/2043) 6.94%

7.95% GOI 2032 (28.08.2032) 5.99%

7.59% GOI 2026 (MD 11/01/2026) 5.79%

9.15% GOI 2024 (MD 14/11/2024) 5.31%

7.16% GOI 2023 (MD 20/05/2023) 5.31%

8.29% Gujarat SDL 2025 (MD 26/08/2025) 2.94%

10.70% IRFC NCD (MD 11/09/2023) 4.14% HDFC Bank Limited 3.28%








ITC Limited 0.96%


Other Securitised Debt 11.81%


Stable 2 BM

SECTORAL ALLOCATION


Debt

Equity

1.95(71%)

0.80(29%)

Rating Profile

AAA5.94%

Sovereign94.06%

7.27%

3.06%

3.26%

4.08%

4.44%

8.25%

8.49%

9.86%

10.56%

12.78%

27.94%

OTHERS

CEMENT

TELECOMMUNICATION

AUTOMOBILE

PHARMACEUTICALS

FINANCIAL SERVICES

CAPITAL GOODS

FMCG

OIL AND GAS

SOFTWARE / IT

BANKING

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Group Growth Fund SFIN No.ULGF00112/06/01BSLGGROWTH109



Fund Snapshot Date of Inception: 31-Aug-01

Objective:

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.


Over 94% of the debt portfolio remains invested in highest

rated instruments.



8.83% GOI 2023 (MD 25/11/2023) 5.79%

8.33% GOI 2026 (MD 09/07/2026) 3.35%

8.60% GOI 2028 (MD 02/06/2028) 2.06%

9.53% State Developement -Gujrat

2024 (MD 12/02/2024) 1.70%

9.20% GOI 2030 (MD 30/09/2030) 1.63%

9.23% GOI 2043 (MD 23/12/2043) 1.55%

7.95% GOI 2032 (28.08.2032) 1.48%

8.20% GOI (MD 15/02/2022) 1.36%

8.17% GOI 2044 (MD 01/12/2044) 1.24%

7.75% Power Finance Corpn. Ltd. NCD

(MD 22/03/2027) 1.11%


7.89% Can Fin Homes Ltd. NCD MD(18/05/2022) Series 6 2.35%9.00 HDFC Ltd. NCD (MD 29/11/2028)Series U-005 1.70%8.18% NABARD NCD (MD 26/12/2028) 1.64%9.34% Rural Electrification Corpn. Ltd.NCD (MD 25/08/2024) 1.57%7.10% ICICI Basel III Tier II(MD 17/02/2030) 1.52%8.45% HDFC Ltd. NCD MD (18/05/2026)(Series P - 012) 1.33%8.70% Power Finance Corporation Ltd.NCD (MD 14/05/2020) 1.29%8.55% Power Finance Corpn. Ltd. NCD(09/12/2021) Series 124 1.27%7.35% BPCL Ltd NCD (MD 10/03/2022) 1.21%7.89% Power Grid Corporation NCD (L-VIII)(MD 09/03/2027) 0.81%Other Corporate Debt 5.92%









ITC Limited 1.38%


Other Equity 18.10%



SECTORAL ALLOCATION

ASSET ALLOCATION

Rating Profile


A1+5.50%

AA4.33%

AA+1.43%

AAA34.29%

Sovereign54.46%


10.01%

Equity

NCD

43.41%

20.59%

G-Secs25.99%

Debt370.67(57%)

Equity284.29(43%)

Growth BM

7.38%

3.17%

3.26%

3.67%

4.87%

8.36%

8.74%

9.97%

10.18%

13.01%

27.38%

OTHERS

TELECOMMUNICATION

CEMENT

AUTOMOBILE

PHARMACEUTICALS

FINANCIAL SERVICES

CAPITAL GOODS

FMCG

OIL AND GAS

SOFTWARE / IT

BANKING

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SECTORAL ALLOCATION

ASSET ALLOCATION

Rating Profile



Group Growth Fund 2 SFIN No.ULGF01828/11/11BSLGROWTH2109



Fund Snapshot Date of Inception: 28-Nov-11

Objective:

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.


100% of the debt portfolio remains invested in highest rated

instruments.



7.95% GOI 2032 (28.08.2032) 7.83%

7.59% GOI 2026 (MD 11/01/2026) 6.30%

9.23% GOI 2043 (MD 23/12/2043) 3.02%

8.83% GOI 2023 (MD 25/11/2023) 2.61%

8.29% Gujarat SDL 2025 (MD 26/08/2025) 2.56%

8.83% GOI 2041 (MD 12/12/2041) 1.16%

8.35% LIC Housing Finance Ltd. NCD

(MD 23/10/2020) 4.81%

8.40% Nuclear Power Corp Of India Ltd

(C) (MD 28/11/2027) Se 2.56%

7.89% Power Grid Corporation NCD

(L-VIII) (MD 09/03/2027) 2.51%

7.69% BPCL Ltd NCD (MD 16/01/2023)-

2018–Series I 2.45%









ITC Limited 1.38%


Other Equity 18.05%

Sovereign78.11%

AAA21.89%

Equity18.26(43%)

Debt23.84(57%)


Equity20.80%

43.38%

23.48%G-Secs


NCD12.34%

Growth 2 BM

7.32%

3.16%

3.17%

3.86%

5.16%

8.37%

8.42%

9.80%

10.25%

13.05%

27.44%

OTHERS

TELECOMMUNICATION

CEMENT

AUTOMOBILE

PHARMACEUTICALS

FINANCIAL SERVICES

CAPITAL GOODS

FMCG

OIL AND GAS

SOFTWARE / IT

BANKING

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Group Growth Advantage Fund SFIN No.ULGF01026/11/07BSLIGGRADV109



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 predominantlyinvesting 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 Debtand money market Instruments. The Strategy of the fund is to build and activelymanage a well-diversified equity portfolio of value & growth driven stocks byfollowing a research-focused investment approach. While appreciating the highrisk associated with equities, the fund would attempt to maximize the risk-returnpay-off for the long-term advantage of the policyholders. The fund will also explorethe option of having exposure to quality mid cap stocks. The Fund Manager wouldendeavor to outperform the benchmark. The nonequity portion of the fund will beinvested in highrated debt and money market instruments and fixed deposits.


100% of the debt portfolio remains invested in highest rated

instruments.





EQUITY: 52.00%CORPORATE DEBT: 12.96%


GOVERNMENT SECURITIES: 15.06%

9.20% GOI 2030 (MD 30/09/2030) 7.51%

8.33% GOI 2026 (MD 09/07/2026) 2.90%

8.83% GOI 2023 (MD 25/11/2023) 1.74%

8.60% GOI 2028 (MD 02/06/2028) 1.19%

8.83% GOI 2041 (MD 12/12/2041) 1.04%

9.23% GOI 2043 (MD 23/12/2043) 0.67%

7.88% GOI 2030 (MD 19/03/2030) 0.01%

7.89% Power Grid Corporation NCD (L-VIII)

(MD 09/03/2027) 4.46%

9.05% Reliance Industries Ltd NCD

(MD 17/10/2028) 2.95%

9.00 HDFC Ltd. NCD (MD 29/11/2028)

Series U-005 2.94%

8.57% Rural Electrification Corpn. Ltd. NCD

(MD 21/12/2024) 1.14%

9.475% Aditya Birla Finance Ltd NCD

G-8 (MD 18/03/2022) 1.12%


(MD 10/07/2026) Put 12/07 0.35%









Hindustan Unilever Limited 1.69%

ITC Limited 1.65%

Other Equity 21.54%

ASSET ALLOCATION

Rating Profile



NCD

Equity

12.96%

52.00%

15.06%G-Secs

19.98%


Equity

Debt

49.24(52%)

45.45(48%)


SECTORAL ALLOCATION

AAA27.35%

72.65%

Growth Advantage BM

Sovereign

7.38%

3.15%

3.17%

3.87%

4.86%

8.15%

8.59%

10.07%

10.22%

12.97%

27.56%

OTHERS

TELECOMMUNICATION

CEMENT

AUTOMOBILE

PHARMACEUTICALS

FINANCIAL SERVICES

CAPITAL GOODS

FMCG

OIL AND GAS

SOFTWARE / IT

BANKING

Fe

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Group Money Market Fund SFIN No.ULGF00824/08/04BSLIGRMMKT109

Fund Manager: Parin Vora | Total Experience: 19 years


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 forthe policyholder.

The strategy of investment fund option is to make judicious

investments in high quality debt and money market instruments protect capital ofthe policyholder with very low level of risk.


100% of the fund is invested in highest rated instruments.

The fund continues to maintain very low maturity profile.

Benchmark: Crisil Liquid Fund Index


6.77% Larsen & Toubro Ltd NCD

(MD 20/08/2020) 6.76%

8.36% Rural Electrification Corpn. Ltd.

NCD (MD 22/09/2020) 4.43%


(MD 22/07/2020) 4.42%


(MD 24/07/2020) 4.08%

7.20% HDFC Ltd NCD ( MD 01/09/2020) 4.07%

7.20% IRFC NCD (MD 31/05/2020) 3.38%

8.80% Larsen & Toubro Ltd NCD

(MD 13/04/2020) 2.77%

8.8044% HDB Financial Services Limited

NCD (MD 10/08/2020) 2.73%

8.80% HDFC Ltd. NCD (MD 18/06/2020)

Series U-006 2.72%

7.5438% Kotak Mahindra Prime Ltd. NCD

(MD 08/01/2021) 2.04%


CORPORATE DEBT: 38.74% ASSET ALLOCATION


Debt148.42(100%)


Money Market BM


38.74%NCD

54.52%

Rating Profile


8.39% State Developement -Rajasthan

Uday 2020(MD 15/03/2020) 6.74% G-Secs6.74%

A1+42.28%

17.67%

40.05%AAA


Sovereign

NAV as on 28th February 2020: 34.5052` Modified Duration: 0.06 years

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7.80% GOI (MD 03/05/2020) 76.93%

364 Days Tbill (MD 10/12/2020) 14.73%

Group Money Market Fund 2 SFIN No.ULGF01928/11/11BSLGRMMKT2109



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 forthe policyholder.

The strategy of investment fund option is to make judicious

investments in high quality debt and money market instruments protect capital ofthe policyholder with very low level of risk.


100% of the fund is invested in highest rated instruments.

The fund continues to maintain very low maturity profile.

Benchmark: Crisil Liquid Fund Index

ASSET ALLOCATION

Rating Profile



91.66%

Sovereign100.00%

Debt0.33(100%)


Asset held 0.33 Cr`as on 28th February 2020: NAV as on 28th February 2020: 18.5042`

G-Secs

8.34%MMI, Deposits, CBLO & Others: 8.34%

Money Market 2 BM

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Group Short Term Debt Fund SFIN No.ULGF01322/09/08BSLGSHTDBT109



Fund Snapshot Date of Inception: 10-Dec-08Objective:

Strategy:

This ABSLI fund option helps to provide capital preservation at a highlevel of safety & liquidity through judicious investments in high quality short-termdebt instruments.

To actively manage the fund by building a portfolio of fixed incomeinstruments with short-term duration. The quality & duration of the assetspurchased would aim to minimize the credit risk & liquidity risk of the portfolio.Fund will maintain reasonable level of liquidity.


Exposure to Corporate Debt has to from

and MMI has increased to from on

a MOM basis. Over 89% of the fund is invested in highest

rated instruments.

decreased 75.77%

80.28% 24.23% 19.72%

Benchmark: Crisil Short Term Bond Fund Index

Asset held 31.31 Cr`as on 28th February 2020: Modified Duration: 1.54 yearsNAV as on 28th February 2020: 25.0124`

CORPORATE DEBT: 75.77%

7.85% NABARD NCD (MD 23/05/2022) 8.26%

7.10% Power Finance Corporation Ltd NCD(MD 08/08/2022) 8.11%

7.85% Indian Hotels Co Ltd(MD 15/04/2022) S-1 7.24%

8.70% LIC Housing Finance NCD(MD 23/03/2029) 7.01%

9.10% Fullerton India Credit Co.Ltd.NCD(15/12/2021) S- 68 Opt-II 6.70%

8.60% ONGC Petro Additions Limited NCD(MD 11/03/2022) 6.68%

HDB Financial Services Limited Series 124ZCB MD 29/10/2021 5.70%

8.00% Reliance Jio Infocomm LimitedNCD (MD 16/04/2023) 3.34%

8.90% Indiabulls Housing Finance LtdNCD SR. III B (MD 26/09 3.30%

6.93% Ultratech Cement Ltd NCD(MD 25/11/2021) 3.23%



ASSET ALLOCATION


Debt31.31(100%)



24.23%

NCD75.77%

Rating Profile

AAA67.32%21.80%

Sovereign

7.47%AA+

Short Term Debt BM

3.40%AA

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Group Short Term Debt Fund 2 SFIN No.ULGF02128/11/11BSLGSHTDB2109



Fund Snapshot Date of Inception: 28-Nov-11Objective:

Strategy:

This ABSLI fund option helps to provide capital preservation at a highlevel of safety & liquidity through judicious investments in high quality short-termdebt instruments.

To actively manage the fund by building a portfolio of fixed incomeinstruments with short-term duration. The quality & duration of the assetspurchased would aim to minimize the credit risk &liquidity risk of the portfolio.Fund will maintain reasonable level of liquidity.


Exposure to Corporate Debt has decreased to from

and MMI has increased to from on

a MOM basis. Over 100% of the fund is invested in highest

rated instruments.

46.41%

60.50% 53.59% 39.50%

Benchmark: Crisil Short Term Bond Fund Index



7.85% NABARD NCD (MD 23/05/2022) 8.44%

7.35% BPCL Ltd NCD (MD 10/03/2022) 7.69%

8.70% Power Finance Corporation Ltd. NCD

(MD 14/05/2020) 6.23%

8.44% HDFC Bank Ltd. Infra Bond NCD

(MD 28/12/2028) 5.28%

8.58 HDFC Ltd. NCD (MD 18/03/2022) 4.44%

7.95% HDFC Bank Ltd NCD Series-1 2016/17

(MD 21/09/2026) 3.48%

8.40% Nuclear Power Corp Of India Ltd (C)

(MD 28/11/2027) Se 2.81%

6.93% Ultratech Cement Ltd NCD

(MD 25/11/2021) 2.64%


(MD 11/11/2021) 1.72%

7.10% Power Finance Corporation Ltd NCD

(MD 08/08/2022) 1.66%



ASSET ALLOCATION


Debt30.66(100%)


Rating Profile

Short Term Debt 2 BM


53.59%

NCD46.41%

Sovereign52.57%

AAA47.43%

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Group Income Advantage Fund SFIN No.ULGF01425/02/10BSLGINCADV109



Fund Snapshot Date of Inception: 23-Mar-10Objective:

Strategy:

To provide capital preservation and regular income, at a high level ofsafety over a medium term horizon by investing in high quality debt instruments.

To build and actively manage a portfolio of high quality fixed incomeinstruments with medium-term duration. The fund will invest in governmentsecurities, high rated corporate bonds, high quality money market instruments andother fixed income securities. The quality of the assets purchased would aim tominimize the credit risk and liquidity risk of the portfolio. The fund will maintainreasonable level of liquidity.


Over 96% of the fund remains invested in highest rated

instruments.

Benchmark: Crisil Composite Bond Fund index & Crisil Liquid Fund Index



ASSET ALLOCATION

Rating Profile



6.40%

NCD

45.29%G-Secs

48.31%

AAA45.38%

3.92%AA

Sovereign50.70%

CORPORATE DEBT: 48.31%GOVERNMENT SECURITIES: 45.29%

8.83% GOI 2023 (MD 25/11/2023) 12.80%

9.23% GOI 2043 (MD 23/12/2043) 6.22%

8.20% GOI (MD 15/02/2022) 5.21%

7.50% GOI 2034 (10.08.2034) 5.20%

7.95% GOI 2032 (28.08.2032) 5.12%

8.08% GOI (MD 02/08/2022) 2.58%

8.15% GOI FCI SB Bonds (MD 16/10/2022) 2.55%

7.59% GOI 2026 (MD 11/01/2026) 2.47%

8.30% Fertilizer Co GOI (MD 07/12/2023) 1.45%

8.13% GOI 2045 (MD 22/06/2045) 0.81%



(MD 17/10/2028) 6.50%

HDFC Ltd. ZCB (MD 10/05/2021)

Series P-010 6.50%

9.37% Power Finance Corporation Ltd

NCD (MD 19/08/2024) 5.16%

9.15% Export Import Bank Of India

NCD (MD 05/09/2022) 4.95%

8.50% NABARD NCD Sr 19F

(MD 31/01/2023) 4.92%

8.00% Reliance Jio Infocomm Limited NCD

(MD 07/04/2023) 4.87%

2% Tata Steel Ltd NCD (MD 23/04/2022) 3.84%


(MD 25/05/2029) 2.58%


NCD (MD 10/04/2025) 2.50%


NCD (MD 25/08/2024) 2.06%



Debt42.91(100%)

Gr. Inc Adv BM

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Group Gilt Fund SFIN No.ULGF00630/05/03BSLIGRGILT109



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 capitalpreservation 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 achievecapital conversation.


Exposure to G-Secs has to from

and MMI has increased to from on a MOM

basis.

decreased 95.92% 96.70%

4.08% 3.30%



ASSET ALLOCATION

Rating Profile


Sovereign100.00%


8.17% GOI 2044 (MD 01/12/2044) 34.49%

8.83% GOI 2041 (MD 12/12/2041) 22.83%

9.23% GOI 2043 (MD 23/12/2043) 15.16%

8.13% GOI 2045 (MD 22/06/2045) 8.59%

9.15% GOI 2024 (MD 14/11/2024) 2.67%

9.20% GOI 2030 (MD 30/09/2030) 2.47%

8.83% GOI 2023 (MD 25/11/2023) 2.29%

8.30% GOI 2042 (MD 31/12/2042) 2.12%

8.28% GOI 2027 (MD 21/09/2027) 1.64%

8.15% GOI 2022 (MD 11/06/2022) 1.57%



Debt33.55(100%)


4.08%

G-Secs95.92%

Group Bond Fund SFIN No.ULGF00530/05/03BSLIGRBOND109



Fund Snapshot Date of Inception: 28-Jan-07Objective:

Strategy:

The investment fund option aims to achieve capital preservation along

with 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 riskto achieve capital conservation.



and MMI has to from on

a MOM basis. Over 90% of the fund remains invested in

highest rated instruments.

increased 72.78%

66.06% decreased 27.22% 33.94%



7.33% IRFC NCD (MD 28/08/2027) 7.59%

8.70% HDFC Ltd NCD (MD 15/12/2020) 3.84%

6.98% NABARD NCD (MD 30/09/2020) 18G 3.03%

8.65% Power Finance Corpn. Ltd. NCD (MD

28/12/2024) 2.65%

9.37% Power Finance Corporation Ltd NCD

(MD 19/08/2024) 2.50%


(MD 10/04/2025) 2.42%

8.18% NABARD NCD (MD 26/12/2028) 2.42%


(MD 26/11/2024) 2.34%

8.70% LIC Housing Finance NCD

(MD 23/03/2029) 2.15%

Bharti Telecom Ltd. ZCB (MD 19/02/2021)

Series 2 1.82%


ASSET ALLOCATION

Rating Profile



27.22%

NCD72.78%

Benchmark: Crisil AAA Medium Term Bond Index, Crisil AA Medium Term Bond Index & Crisil Liquid Fund Index


Debt664.06(100%)

AAA70.83%

Sovereign13.51%

A1+5.54%

AA4.87%

AA+4.44%MMI, Deposits, CBLO & Others: 27.22%

Gr.Bond BM

AA-0.81%

Fe

b-1

3

Au

g-1

3

Fe

b-1

4

Au

g-1

4

Fe

b-1

5

Au

g-1

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Fe

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6

Au

g-1

6

Fe

b-1

7

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7

Fe

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Au

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Fe

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9

Au

g-1

9

Fe

b-2

0

Group Fixed Interest Fund SFIN No.ULGF00416/07/02BSLGFIXINT109




Strategy:

The investment fund option with full exposure in debt market

instrument, aims to achieve value creation at low risk over along-term horizon byinvesting 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.



G-Secs has decreased to from

and MMI has to from on a MOM

basis. Over 89% of the fund remains invested in highest

rated instruments.

decreased 52.15%

54.27% 29.25% 30.61%

increased 18.60% 15.13%

Modified Duration: 4.09 yearsNAV as on 28th February 2020: 43.3048`


8.13% GOI 2045 (MD 22/06/2045) 4.18%

7.61% GOI 2030 (MD 09/05/2030) 4.03%

7.59% GOI 2026 (MD 11/01/2026) 3.36%

8.97% GOI 2030 (MD 05/12/2030) 2.85%

8.33% GOI 2026 (MD 09/07/2026) 2.80%

8.60% GOI 2028 (MD 02/06/2028) 2.70%

8.83% GOI 2041 (MD 12/12/2041) 1.95%

8.17% GOI 2044 (MD 01/12/2044) 1.90%

8.67% State Developement -

Maharashtra 2026 (MD 24/02/2026) 1.50%

7.72% GOI 2025 (MD 25/05/2025) 1.46%



ASSET ALLOCATION

Rating Profile



18.60%

NCD52.15%

G-Secs29.25%

AAA

AA5.06%

AA+3.64%

AA-2.25%

A1+3.62%

43.04%Sovereign

42.39%




(MD 17/10/2028) 3.05%


NCD (MD 10/04/2025) 2.20%

9.25% Reliance Jio Infocomm Limited

NCD (MD 16/06/2024) 2.17%

10.90% AU Small Finance Bank Limited

NCD (MD 30/05/2025) 1.96%

9.05 HDFC Ltd. NCD Series U-001

(MD 16/10/2028) 1.91%


(MD 09/11/2028)Ppd Series H 1.90%

LIC Housing Finance Ltd. ZCB Opt-1

(MD 25/03/2021) 1.88%

7.75% Mangalore Refinery &

Petrochemicals Ltd (MD 29/01/2030) 1.78%

8.00% National Housing Bank

(Call/Put22/05/2020 MD 22/02/2022) 1.75%

7.54% IRFC NCD (MD 31/10/2027) 1.74%




Debt1461.54(100%)

Fixed Interest BM

Fe

b-1

3

Au

g-1

3

Fe

b-1

4

Au

g-1

4

Fe

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Au

g-1

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Fe

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Au

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Fe

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Fe

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Fe

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9

Au

g-1

9

Fe

b-2

0

Group Fixed Interest Fund 2 SFIN No.ULGF01728/11/11BSLGFXINT2109




Strategy:

The investment fund option with full exposure in debt market

instrument, aims to achieve value creation at low risk over along-term horizon byinvesting 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.


Exposure to G-Secs has to from

and MMI has to from on a MOM

basis. 100% of the fund remains invested in highest rated

instruments.

decreased 93.93% 96.73%

increased 6.07% 3.27%



8.20% GOI 2025 (MD 24/09/2025) 93.93%


ASSET ALLOCATION

Rating Profile



6.07%

G-Secs93.93%

Sovereign100.00%



Debt3.24(100%)

FIF 2 BM

Fe

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Au

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Group Fund Factsheet February 2020 · Market Fund Money Market Fund 2 Short Term Debt Fund Short...

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Transcript of Group Fund Factsheet February 2020 · Market Fund Money Market Fund 2 Short Term Debt Fund Short...