my cover Updated - SUD Life Fact Sheet Januray 2013.… · November’ 2012 7.24 December’ 2012...
Transcript of my cover Updated - SUD Life Fact Sheet Januray 2013.… · November’ 2012 7.24 December’ 2012...
Fact Sheet
January – 2013
InveSTAR
Global Economic Scenario: World Bank has revised Global economic growth forecast for the CY 2013 downwards to 2.4% from 3%. Meanwhile economies of US, Germany and UK have contracted during Q4 (ending Dec.’12) by 0.1%, 0.5% and 0.3% QoQ respectively, while China recorded acceleration in growth to 7.9% YoY as compared to 7.4% in Q3. Economic conditions in Euro area are relatively steady, while some political risks are emerging in Spain and Italy. Fiscal cliff problems in US (relating to debt ceiling and spending cut) have been resolved at least for the next two months. With improving perception of Chinese growth, Copper and Crude oil prices moved up. Buoyancy in prices of crude oil is also partly due to geo-political tensions building up in Middle East.
International Commodities Prices Month Ended Dec. Jan Change %Gold (US$ / ounce) 1,675.4 1663.7 -0.69%Silver (US$ / ounce) 30.3 31.46 3.67%
Copper (US$ / T) 7,907 8128.25 2.79%
Aluminum (US$ / T) 2,073 2054.25 -0.90%Brent Crude (US$ / bbl)
111.1 115.55 3.99%
Indian Economy:
Index of Industrial Production (IIP)
IIP contracted modestly in Nov., after a pre-festival boost in Oct. Continuing contraction of Cap. Goods (by 7.7%) & modest expansion of Consumer Goods (by 1%) indicate weakness in Industrial growth. The trend, however, suggests gradual improvement.
Reform Initiatives by GOI
The Government continued with reform initiatives and steps towards fiscal consolidation: Divestment of stake in Oil India Ltd. & NTPC to
garner about Rs. 14,600 crore in addition to about Rs. 7,000 already raised.
Partial decontrol of diesel prices by empowering Oil Companies effect small hikes in diesel prices and market driven prices for bulk commercial use.
Cut in Spectrum prices to attract bidders. Hike in import duty on gold to curb demand to
address Current Account Deficit. Announcement of cut in expenditure of ministries to
contain fiscal deficit.
Revision in GDP Growth Rates
GDP growth for FY’12 has been revised from 6.5% to 6.2% and for FY’11 to 9.3% from 8.4 %.
Foreign Institutional Flows in Equity Market
FII flows during January’ 13 continued to be strong at Rs.22,059 cr. vs. Rs.25,088 cr. in December’12.
Foreign Trade
In December, exports continued to contract (by 1.9% yoy) whereas imports increased (by 6.3%), driven mainly by Oil imports (23.6% jump). This resulted in increase in trade for April to December in FY’13 to US$147.2 bn. from US$137.3 bn. during the corresponding period in the previous year. High trade deficits are mainly accountable for increasing Current Account Deficit (CAD).
MONTHLY REPORT – January ‘2013
ECONOMY AND FINANCIAL MARKETS
INR vs.US$
After depreciation in December, INR sharply appreciated by 3.2% to 53.2 vs 55.0 as at the Dec. end.
Inflation
WPI Inflation moderated further in December to 3 year low. The drop was driven mainly by Manufactured Products despite increase in inflation of Food Articles. Core inflation, which continues well within RBI’s comfort zone, has further dropped to 4.2% from 4.5% in Nov’ 12. For the month of Oct. inflation was revised downwards. CPI has however increased to double digit.
Inflation (Based on WPI) For Month-ended YoY % Increase
November’ 2012 7.24
December’ 2012 7.18 Review of Monetary Policy (29th January):
In the third quarter review of Monetary Policy (on 29th January), RBI reduced policy rate and CRR by 25 bps each. RBI while acknowledging slowdown in economic growth, expressed concerns over sticky inflation. RBI also expressed concerns on high CAD and cautioned about fallout of possible financial instability in western economies.
Debt Markets:
Tight liquidity in money markets though eased as compared to December’12 (to around Rs.70,000 to 80,000 cr.), remained above comfort zone of RBI. Call money rate closed above 8%, but tapered in early Feb. In anticipation of aggressive policy easing, bond yields dropped sharply but the trend was arrested after the Monetary Policy announcement, indicating limited scope for further policy easing. During January’13, 10 yr. benchmark G-sec. yield dropped to close at 7.91 as compared to 8.05% as at the end of December’ 2.
Outlook
10 year Benchmark G-sec Yield is expected to be range bound till the next Policy Review in March and the direction thereafter will depend on RBI actions and the policy stance. However, over medium term, interest rate trend appears to be heading downwards.
Stock Markets: Indices
Sensex Nifty
Close as on 31.12.12 19,427 5,905Close as on 31.01.13 19,895 6,035Change% 2.4% 2.2%
On the back of strong FII flows, Sensex and Nifty moved up but assumed somewhat a downward trend towards the end of the month. The rally in January was narrow, concentrated in Oil & Gas, IT and Reality sectors, while other sectors underperformed the Benchmark indices. Sectoral Indices
Index Nos. % variati
on Jan-13 Dec-12
IT 6,394 5,684 12.5%
Oil & Gas 9,359 8,519 9.9%
Realty 2,239 2,111 6.1%
Bankex 14,580 14,345 1.6%
FMCG 5,922 5,916 0.1%
Healthcare 8,017 8,132 -1.4%
Cons. Durables 7,582 7,719 -1.8%
Power 1,951 1,991 -2.0%
Cap. Goods 10,496 10,868 -3.4%
Auto 10,994 11,426 -3.8%
Metal 10,606 11,071 -4.2% Outlook After touching recent highs, markets are likely to be in corrective mode. However, at about 14.25X to FY14 estimated earnings, indices are trading below long-term average offering value. Key triggers going forward which may influence the direction of the market are: Union Budget in Feb. end; Mid Quarter review of Monetary Policy in Mid March; Govt. actions viz. Disinvestments; Spectrum Auction, Other Reforms.
Performance Summary as on January 31, 2013
InveSTAR
6 Months 1 Year 2 Year 3 YearSince
Inception
SFIN
Balanced Fund
ULIF 001 18/02/09 SUD‐LI‐BL1 142
Equity Fund
18/02/2009 65.15 8.23%15.58
Scheme Name
NAV Returns
Inception date AUM (Rs. Cr) NAV (Rs.)
Absolute CAGR
11.44% 7.37% 12.21%6.66%
InveSTAR
Equity Fund
ULIF 002 25/02/09 SUD‐LI‐EQ1 142
Growth Fund *
ULIF 003 25/02/09 SUD‐LI‐GR1 142
Bond Fund
ULIF 004 25/02/09 SUD‐LI‐BN1 142
Individual Pension Fund ‐ Equity
ULIF 005 31/03/09 SUD‐PI‐EQ1 142
Individual Pension Fund ‐ Growth
ULIF 006 31/03/09 SUD‐PI‐GR1 142
I di id l P i F d B l d
16.49%
14.42%86.40 16.61
31/03/2009 80.75 17.86
25/02/2009 25.49 12.88 5.53%
Individual
Life @
Pension Life
@@
25/02/2009
31/03/2009
25/02/2009 110.82 21.24
141.33 19.76
6.15%
6.84%
13.37% 14.88% 3.91% 21.29%
11.27% 14.02% 5.72% 19.10%
7.03%9.92%
11.28% 14.41% 5.55%
7.23%
6.04%
6.38%
8.81%
12.68% 14.82% 3.84%
InveSTAR
Individual Pension Fund ‐ Balanced
ULIF 007 31/03/09 SUD‐PI‐BL1 142
Individual Pension Fund ‐ Bond
ULIF 008 31/03/09 SUD‐PI‐BN1 142
Apex Equity Fund
ULIF 009 20/01/10 SUD‐LA‐EQ1 142
Apex Growth Fund
ULIF 010 20/01/10 SUD‐LA‐GR1 142
Apex Balanced Fund
ULIF 011 20/01/10 SUD‐LA‐BL1 142
20/01/2010 11.81 11.30% 13.76% 5.46%471.93
6.80%304.1320/01/2010
8.66% 6.92%
5.35%
6.03%
9.86%
6.78%
7.10%12.09
31/03/2009 13.93 12.81 5.20%
467.2120/01/2010 11.58 12.93% 14.92% 4.13%
14.79 8.14%
9.61%
31/03/2009 53.42@@
Individual
Apex $ 12.74% 6.64%
11.55% 7.17% 6.85%
7.23%
6.29%
11.06%
InveSTAR
Apex Bond Fund
ULIF 012 20/01/10 SUD‐LA‐BN1 142
Individual Pension Fund ‐ Apex Equity
ULIF 013 20/01/10 SUD‐PA‐EQ1 142
Individual Pension Fund ‐ Apex Growth
ULIF 014 20/01/10 SUD‐PA‐GR1 142
Individual Pension Fund ‐ Apex Balanced
ULIF 015 20/01/10 SUD‐PA‐BL1 142
Individual Pension Fund ‐ Apex Bond
ULIF 016 20/01/10 SUD‐PA‐BN1 142
66.98
25.2620/01/2010 12.28 5.64% 9.98% 7.27%
11.85 9.65% 13.45%
9.32% 7.77%
16.10% 4.39% 5.13%129.89 5.94%
95.97
5.26%
6.12%
7.40%
6.69%
13.35%
149.48 11.56
8.89%
6.14%11.51% 14.33% 5.67%
6.79%
7.64%12.41 6.01% 10.80%
20/01/2010 11.55
Pension
Apex $$
20/01/2010
20/01/2010
20/01/2010
InveSTAR
Express Balanced Fund
ULIF 017 29/04/11 SUD‐LX‐BL1 142
Discontinued Policies Fund
ULIF 018 03/06/11 SUD‐UL‐DP1 142
Total AUM 2399.82
@ For Dhan Suraksha, Dhan Suraksha Premium, Prabhat Tara Products@@ For Dhruv Tara Products $ For New Dhan Suraksha, New Dhan Suraksha Premium, New Prabhat Tara,
Dhan Suraksha 3 Dhan Suraksha Premium 3 Products Prabhat Tara 3 Products
8.46%NA
NA 8.33%
03/06/2011 78.53 11.00 4.18% 8.58% NA
12.58% NAIndividual
Life *29/04/2011 33.16 11.39 8.99%
InveSTAR
Dhan Suraksha 3, Dhan Suraksha Premium 3 Products, Prabhat Tara 3 Products.$$ For New Dhruv Tara Products* For Dhan Suraksha Express
InveSTAR InveSTAR
Investment Objective :
Date of Inception : SFIN No.
February 18, 2009 ULIF 001 18/02/09 SUD‐LI‐BL1 142
Products : AUM :
Rs. 65.15 Cr
% to AUM
`
Equity 29.81% Minimum Maximum
Infosys Ltd 3.43% 0% 60% 29.81%
Reliance Industries Ltd 2.89% 40% 100% 70.19%
ITC Ltd. 2.07%
Larsen & Toubro Limited 1.99%
State Bank of India 1.86%
NTPC Limited 1.45%
Dr. Reddys Laboratories Ltd. 1.44%
Bajaj Auto Limited 1.40%
Mahindra & Mahindra Ltd. 1.11%
ICICI Bank Ltd 1.10%
Tata Steel Limited 1.09%
Aditya Birla Nuvo Limited 1.05%
Housing Development Finance Corporation Ltd. 1.02%
Others (with < 1% exposure) 7.90%
Debt 61.69%
Gilts & SDL 7.08%
GOI 6.16%
SDL (with < 1% exposure) 0.92%
Corporate Bonds 54 61%
BALANCED FUND - JANUARY, 2013
To aim for stable returns over medium to long term through investments in high quality fixed income and money
market instruments and enhance returns through a fair exposure to equity investments.
Investment PatternActual
Asset Mix
Particulars
For Dhan Suraksha, Dhan Suraksha Premium, Prabhat
Tara.
Equity
Debt, MM & Others
Benchmark :
S & P CNX Nifty ‐ 30%
CRISIL Composite Bond Index ‐ 70%
Debt61.69%
Equity29.81%
MM & Others8.51%
Asset Allocation (% to AUM)
Gilt11.47%
AA
AA+11.58%
Debt Rating Profile (% of Debt)
Corporate Bonds 54.61%
LIC Housing Finance Ltd 4.93%Housing Development Finance Corporation Ltd. 4.72%Power Finance Corporation Limited 4.67%Rural Electrification Corporation Limited 4.04%
Larsen & Toubro Limited 3.24%
The Great Eastern Shipping Co. Limited 3.20%
Steel Authority of India Ltd. 3.04%
Indian Oil Corporation Ltd 2.62%
Reliance Gas Transportation Infrastructure Limited 2.50%
The Indian Hotels Company Limited 2.36%
Dr. Reddy's Laboratories Ltd. 2.33%
Tech Mahindra Limited 1.87%
Reliance Capital Limited 1.71%
Tata Communications Limited 1.70%
National Housing Bank 1.68%
Raymond Ltd. 1.58%
Indian Railway Financial Corporation Ltd. 1.57%
Reliance Ports & Terminals Ltd. 1.50%
Power Grid Corporation of India Limited 1.37%
Others (with < 1% exposure) 3.97%
MM & Others 8.51%
Total 100.00%
`
12.19%
11.34%
6.25%
6.06%
5.24%
4.59%
4.14%
Infrastructure finance services
Housing Finance Services
Refinery
Computer software
Industrial Construction
Drugs & pharmaceuticals
Steel
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
24.53%
30.93%
14.94%
25.45%
4.15%
Debt Maturity Profile (% of Debt)
Debt61.69%
Equity29.81%
MM & Others8.51%
Asset Allocation (% to AUM)
Gilt11.47%
AAA74.37%
AA2.57%
AA+11.58%
Debt Rating Profile (% of Debt)
11
12
13
14
15
16
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Balance Fund Benchmark
12.19%
11.34%
6.25%
6.06%
5.24%
4.59%
4.14%
4.11%
3.20%
2.64%
Infrastructure finance services
Housing Finance Services
Refinery
Computer software
Industrial Construction
Drugs & pharmaceuticals
Steel
Banking Services
Shipping transport services
LNG storage & distribution
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
24.53%
30.93%
14.94%
25.45%
4.15%
Debt Maturity Profile (% of Debt)
Debt61.69%
Equity29.81%
MM & Others8.51%
Asset Allocation (% to AUM)
Gilt11.47%
AAA74.37%
AA2.57%
AA+11.58%
Debt Rating Profile (% of Debt)
9
10
11
12
13
14
15
16
Feb‐09
Apr‐09
May‐09
Jul‐09
Aug‐09
Oct‐09
Nov‐09
Dec‐09
Feb‐10
Mar‐10
May‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
May‐11
Jun‐11
Aug‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jun‐12
Aug‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Balance Fund Benchmark
Investment Objective:
Date of Inception : SFIN No.
February 25, 2009 ULIF 002 25/02/09 SUD‐LI‐EQ1 142
Products : AUM:
Rs. 110.82 Cr
Portfolio % to AUM
`
Equity 94.18% Minimum Maximum
Reliance Industries Ltd 7.36% 80% 100% 94.18%
Larsen & Toubro Limited 6.88% 0% 20% 5.82%
Infosys Ltd 5.32%
State Bank of India 5.05%
ICICI Bank Ltd 4.06%
HDFC Bank Ltd 3.99%
Tata Consultancy Services Limited 3.57%
Housing Development Finance Corporation Ltd. 3.44%
Bharti Airtel Limited 3.33%
Mahindra & Mahindra Ltd. 2.95%
Cipla Ltd. 2.94%
Axis Bank Limited 2.89%
Coal India Limited 2.71%
Aditya Birla Nuvo Limited 2.64%
ITC Ltd. 2.57%
Tata Motors Limited 2.28%
Grasim Industries Ltd. 2.21%
To tap growth opportunities for long term capital appreciation through investments primarily in equity and
equity‐related instruments.
Investment PatternActual
Asset Mix
Particulars
Equity
MM & Others
EQUITY FUND - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 90%
For Dhan Suraksha, Dhan Suraksha Premium, Prabhat
Tara.
CRISIL Liquid Fund Index ‐ 10%
Equity94.18%
MM & Others5.82%
Asset Allocation (% to AUM)
Hindustan Unilever Limited 2.20%
Hindalco Industries Ltd. 1.93%
Bajaj Auto Limited 1.81%
The Indian Hotels Company Limited 1.77%
HCL Technologies Ltd 1.73%
Godrej Consumer Products Limited 1.60%
Oil & Natural Gas Corpn Ltd 1.59%
Sterlite Industries ( India ) Limited 1.54%
Tata Steel Limited 1.43%NTPC Limited 1.42%Sun Pharmaceuticals Industries Ltd 1.28%Dr. Reddys Laboratories Ltd. 1.23%Ambuja Cements Ltd 1.16%Cairn India Limited 1.05%Lupin Limited 1.02%Others (with < 1% exposure) 8.25%
MM & Others 5.82%
Total 100.00%
`
17.22%
12.21%
7.88%
6.88%
6.48%
3.83%
3.80%
3.48%
Banking Services
Computer software
Refinery
Industrial Construction
Drugs & pharmaceuticals
Housing Finance Services
Cosmetics, toiletries, soaps & detergents
Copper & copper products
Top 10 Industry Exposure (% to AUM)
Equity94.18%
MM & Others5.82%
Asset Allocation (% to AUM)
9
11
13
15
17
19
21
23
25
Feb‐09
Apr‐09
May‐09
Jul‐09
Aug‐09
Sep‐09
Nov‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Jul‐10
Aug‐10
Oct‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
May‐11
Jun‐11
Jul‐11
Sep‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Apr‐12
May‐12
Jun‐12
Aug‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Equity Fund Benchmark
17.22%
12.21%
7.88%
6.88%
6.48%
3.83%
3.80%
3.48%
3.33%
2.95%
Banking Services
Computer software
Refinery
Industrial Construction
Drugs & pharmaceuticals
Housing Finance Services
Cosmetics, toiletries, soaps & detergents
Copper & copper products
Telecommunication services
Passenger cars & multi utility vehicles
Top 10 Industry Exposure (% to AUM)
Equity94.18%
MM & Others5.82%
Asset Allocation (% to AUM)
9
11
13
15
17
19
21
23
25
Feb‐09
Apr‐09
May‐09
Jul‐09
Aug‐09
Sep‐09
Nov‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Jul‐10
Aug‐10
Oct‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
May‐11
Jun‐11
Jul‐11
Sep‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Apr‐12
May‐12
Jun‐12
Aug‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Equity Fund Benchmark
Investment Objective :
Date of Inception : SFIN No.
February 25, 2009 ULIF 003 25/02/09 SUD‐LI‐GR1 142
Products : AUM:
Rs. 141.33 Cr
Portfolio % to AUM
`
Equity 70.59% Minimum Maximum
Larsen & Toubro Limited 4.88% 40% 100% 70.59%
Reliance Industries Ltd 4.31% 0% 60% 29.41%
Infosys Ltd 3.97%
Mahindra & Mahindra Ltd. 3.01%
ICICI Bank Ltd 2.95%
Axis Bank Limited 2.80%
Coal India Limited 2.58%
Bharti Airtel Limited 2.51%
Tata Consultancy Services Limited 2.44%
Hindustan Unilever Limited 2.43%
State Bank of India 2.37%
Bajaj Auto Limited 2.34%
HDFC Bank Ltd 2.13%
ITC Ltd. 1.96%
Housing Development Finance Corporation Ltd. 1.87%
Tech Mahindra Limited 1.81%
Aditya Birla Nuvo Limited 1.73%
IndusInd Bank Limited 1.71%
Oil & Natural Gas Corpn Ltd 1.40%
Sun Pharmaceuticals Industries Ltd 1.38%
Grasim Industries Ltd. 1.38%
Equity
Debt, MM & Others
To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and equity
related instruments and fair exposure to high credit quality portfolio of debt and money market instruments.
Investment PatternActual
Asset Mix
Particulars
GROWTH FUND - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 70%
CRISIL Composite Bond Index ‐ 30%
For Dhan Suraksha, Dhan Suraksha Premium, Prabhat
Tara & Dhan Suraksha Express.
Debt22.50%
Equity70.59%
MM & Others6.91%
Asset Allocation (% to AUM)
Gilt4.18%
AA+17.71%
Debt Rating Profile (% of Debt)
HCL Technologies Ltd 1.35%
Hindalco Industries Ltd. 1.28%
Hindustan Petroleum Corporation Ltd. 1.26%
Sterlite Industries ( India ) Limited 1.19%
Power Grid Corporation of India Limited 1.16%
Lupin Limited 1.06%
Dr. Reddys Laboratories Ltd. 1.05%
The Indian Hotels Company Limited 1.04%
Cipla Ltd. 1.02%
Others (with < 1% exposure) 8.21%
Debt 22.50%
Gilts & SDL 0.94%
GOI 0.94%
Corporate Bonds 21.56%
LIC Housing Finance Ltd 2.35%
Steel Authority of India Ltd. 2.29%
Power Finance Corporation Limited 1.91%
Housing Development Finance Corporation Ltd. 1.62%
Reliance Ports & Terminals Ltd. 1.54%
The Indian Hotels Company Limited 1.45%
Tata Capital Financial Services Ltd 1.44%
Reliance Capital Limited 1.16%
Others (with < 1% exposure) 7.81%
MM & Others 6.91%
Total 100.00%
`
12.68%
11.01%
7.15%
6.14%
5.24%
4.53%
Banking Services
Computer software
Refinery
Housing Finance Services
Industrial Construction
Drugs & pharmaceuticals
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
22.74%
25.32%
16.97%
34.06%
0.91%
Debt Maturity Profile ( % of Debt)
Debt22.50%
Equity70.59%
MM & Others6.91%
Asset Allocation (% to AUM)
Gilt4.18%
AAA77.48%
AA0.64%
AA+17.71%
Debt Rating Profile (% of Debt)
12
13
14
15
16
17
18
19
20
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Growth Fund Benchmark
12.68%
11.01%
7.15%
6.14%
5.24%
4.53%
4.01%
3.57%
3.38%
3.20%
Banking Services
Computer software
Refinery
Housing Finance Services
Industrial Construction
Drugs & pharmaceuticals
Other Financial Services
Infrastructure finance services
Steel
Copper & copper products
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
22.74%
25.32%
16.97%
34.06%
0.91%
Debt Maturity Profile ( % of Debt)
Debt22.50%
Equity70.59%
MM & Others6.91%
Asset Allocation (% to AUM)
Gilt4.18%
AAA77.48%
AA0.64%
AA+17.71%
Debt Rating Profile (% of Debt)
9
10
11
12
13
14
15
16
17
18
19
20
Feb‐09
Apr‐09
May‐09
Jul‐09
Aug‐09
Sep‐09
Nov‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Jul‐10
Aug‐10
Oct‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
May‐11
Jun‐11
Jul‐11
Sep‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Apr‐12
May‐12
Jun‐12
Aug‐12
Sep‐12
Oct‐12
Dec‐ 12
Jan‐13
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Growth Fund Benchmark
Investment Objective :
Date of Inception : SFIN No.
February 25, 2009 ULIF 004 25/02/09 SUD‐LI‐BN1 142
Products : AUM :
Rs. 25.49 Cr
Portfolio % to AUM
`
Debt 92.84% Minimum Maximum
Gilts & SDL 20.17% 80% 100% 92.84%
GOI 18.44% 0% 20% 7.16%
SDL ‐ Gujarat 1.16%
SDL (with < 1% exposure) 0.57%
Corporate Bonds 72.66%
Housing Development Finance Corporation Ltd. 7.14%
The Great Eastern Shipping Co. Limited 6.53%
Reliance Gas Transportation Infrastructure Limited 4.85%
Power Grid Corporation of India Limited 4.44%
Larsen & Toubro Limited 4.37%
United Phosphorus Limited 4.14%
Indian Railway Financial Corporation Ltd. 4.01%
LIC Housing Finance Ltd 3.96%
Power Finance Corporation Limited 3.60%
Aditya Birla Nuvo Limited 3.13%
Steel Authority of India Ltd. 3.10%
BOND FUND - JANUARY, 2013
To aim for stable returns over medium to long term by judicious mix of investments in Government securities and
high quality corporate debt of varying maturities and also in money market instruments.
Investment PatternActual
Asset Mix
Particulars
For Dhan Suraksha, Dhan Suraksha Premium, Prabhat
Tara.
Debt
MM & Others
CRISIL Composite Bond Index ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
Benchmark :
Debt92.84%
MM & Others7.16%
Asset Allocation (% to AUM)
Gilt21 73%
AA+15 20%
Debt Rating Profile (% of Debt)y
MRF Ltd. 2.89%
Rural Electrification Corporation Limited 2.82%
Reliance Industries Ltd 2.80%
Reliance Ports & Terminals Ltd. 2.13%
National Bank For Agriculture And Rural Development 2.01%
Tata Capital Financial Services Ltd 1.99%
Tata Communications Limited 1.97%
TATA Sons 1.60%
Tech Mahindra Limited 1.59%
Indian Oil Corporation Ltd 1.24%
Others (with < 1% exposure) 2.36%
MM & Others 7.16%
Total 100.00%
`
13.22%
11.10%
6.53%
4.85%
4.82%
4.44%
4.37%
4.14%
3 50%
Infrastructure finance services
Housing Finance Services
Shipping transport services
LNG storage & distribution
Refinery
Electricity distribution
Industrial Construction
Pesticides
Steel
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
16.89%
23.46%
10.43%
43.75%
5.47%
Debt Maturity Profile ( % of Debt)
Debt92.84%
MM & Others7.16%
Asset Allocation (% to AUM)
Gilt21.73%
AAA62.64%
AA0.43%
AA+15.20%
Debt Rating Profile (% of Debt)
10
11
12
13
14
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Bond Fund Benchmark
13.22%
11.10%
6.53%
4.85%
4.82%
4.44%
4.37%
4.14%
3.50%
3.13%
Infrastructure finance services
Housing Finance Services
Shipping transport services
LNG storage & distribution
Refinery
Electricity distribution
Industrial Construction
Pesticides
Steel
Diversified
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
16.89%
23.46%
10.43%
43.75%
5.47%
Debt Maturity Profile ( % of Debt)
Debt92.84%
MM & Others7.16%
Asset Allocation (% to AUM)
Gilt21.73%
AAA62.64%
AA0.43%
AA+15.20%
Debt Rating Profile (% of Debt)
9
10
11
12
13
14
Feb‐09
Apr‐09
May‐09
Jul‐09
Aug‐09
Sep‐09
Nov‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Jul‐10
Aug‐10
Oct‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
May‐11
Jun‐11
Jul‐11
Sep‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Apr‐12
May‐12
Jun‐12
Aug‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Bond Fund Benchmark
Investment Objective :
Date of Inception : SFIN No.
March 31, 2009 ULIF 005 31/03/09 SUD‐PI‐EQ1 142
Products : AUM :
Rs. 80.75 Cr
Portfolio % to AUM
`
Equity 93.65% Minimum Maximum
Reliance Industries Ltd 7.64% 80% 100% 93.65%
Larsen & Toubro Limited 7.48% 0% 20% 6.35%
State Bank of India 6.44%
Housing Development Finance Corporation Ltd. 5.04%
Tata Consultancy Services Limited 4.75%
ICICI Bank Ltd 4.35%
Infosys Ltd 4.08%
HDFC Bank Ltd 3.76%
Bharti Airtel Limited 3.35%
Aditya Birla Nuvo Limited 3.18%
Bajaj Auto Limited 2.95%
Mahindra & Mahindra Ltd. 2.89%
Coal India Limited 2.89%
Hindalco Industries Ltd. 2.72%
Axis Bank Limited 2.67%
Godrej Consumer Products Limited 2 58%
To seek consistent long term capital appreciation through investments primarily in equity and equity‐related
instruments by focusing predominantly on well established companies.
Asset Mix
ParticularsInvestment Pattern
Actual
MM & Others
INDIVIDUAL PENSION FUND EQUITY - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
Equity
For Dhruv Tara Products
MM & Others6.35%
Asset Allocation (% to AUM)
Godrej Consumer Products Limited 2.58%
Grasim Industries Ltd. 2.51%
Sun Pharmaceuticals Industries Ltd 2.43%
Hindustan Unilever Limited 2.32%
HCL Technologies Ltd 2.22%
Power Grid Corporation of India Limited 1.90%
Lupin Limited 1.46%
Oil & Natural Gas Corpn Ltd 1.43%
Tata Steel Limited 1.40%
Wipro Ltd 1.35%
IndusInd Bank Limited 1.31%
ITC Ltd. 1.03%
Dr. Reddys Laboratories Ltd. 1.01%
Others (with < 1% exposure) 6.54%
MM & Others 6.35%
Total 100.00%
`
18.53%
12.39%
7.64%
7.48%
5.35%
5.04%
4.90%
3 64%
Banking Services
Computer software
Refinery
Industrial Construction
Drugs & pharmaceuticals
Housing Finance Services
Cosmetics, toiletries, soaps & detergents
Copper & copper products
Top 10 Industry Exposure ( % to AUM)
Equity93.65%
MM & Others6.35%
Asset Allocation (% to AUM)
10
11
12
13
14
15
16
17
18
19
20
21
22
Mar‐09
May‐09
Jun‐09
Aug‐09
Sep‐09
Oct‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
May‐10
Jul‐10
Aug‐10
Sep‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
Apr‐11
Jun‐11
Jul‐11
Aug‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Mar‐12
May‐12
Jun‐12
Jul‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Equity Benchmark
18.53%
12.39%
7.64%
7.48%
5.35%
5.04%
4.90%
3.64%
3.35%
3.18%
Banking Services
Computer software
Refinery
Industrial Construction
Drugs & pharmaceuticals
Housing Finance Services
Cosmetics, toiletries, soaps & detergents
Copper & copper products
Telecommunication services
Diversified
Top 10 Industry Exposure ( % to AUM)
Equity93.65%
MM & Others6.35%
Asset Allocation (% to AUM)
10
11
12
13
14
15
16
17
18
19
20
21
22
Mar‐09
May‐09
Jun‐09
Aug‐09
Sep‐09
Oct‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
May‐10
Jul‐10
Aug‐10
Sep‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
Apr‐11
Jun‐11
Jul‐11
Aug‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Mar‐12
May‐12
Jun‐12
Jul‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Equity Benchmark
Investment Objective :
Date of Inception : SFIN No.
March 31, 2009 ULIF 006 31/03/09 SUD‐PI‐GR1 142
Products : AUM :
Rs. 86.4 Cr
Portfolio % to AUM
`
Equity 69.16% Minimum Maximum
Reliance Industries Ltd 5.81% 40% 100% 69.16%
Larsen & Toubro Limited 5.40% 0% 60% 30.84%
Tata Consultancy Services Limited 4.36%
State Bank of India 3.70%
ICICI Bank Ltd 3.61%
Bharti Airtel Limited 3.36%
HDFC Bank Ltd 3.25%
Axis Bank Limited 2.74%
Bajaj Auto Limited 2.61%
Housing Development Finance Corporation Ltd. 2.55%
Aditya Birla Nuvo Limited 2.46%
Infosys Ltd 2.40%
Mahindra & Mahindra Ltd. 2.07%
Hindustan Unilever Limited 2.06%
Sun Pharmaceuticals Industries Ltd 1.83%
Tata Steel Limited 1.76%
Coal India Limited 1.73%
Grasim Industries Ltd. 1.68%
Power Grid Corporation of India Limited 1.53%
HCL Technologies Ltd 1.40%
Sterlite Industries ( India ) Limited 1.38%
ITC Ltd. 1.30%
IndusInd Bank Limited 1.25%
Oil & Natural Gas Corpn Ltd 1 09%
Equity
Debt, MM & Others
To seek consistent growth over medium to long term by focusing predominantly on well established
companies through investments primarily in equity and equity‐related instruments and fair exposure to high
credit quality portfolio of debt and money market instruments.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND GROWTH - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 70%
CRISIL Composite Bond Index ‐ 30%
For Dhruv Tara Products
Debt25.37%
Equity69.16%
MM & Others5.47%
Asset Allocation (% to AUM)
Gilt5.26%
AA0.93%
AA+9.39%
Debt Rating Profile (% of Debt)
Oil & Natural Gas Corpn Ltd 1.09%
Wipro Ltd 1.05%
Cairn India Limited 1.01%
Others (with < 1% exposure) 7.84%
Debt 25.37%
Gilts & SDL 1.33%
GOI 1.26%
SDL (with < 1% exposure) 0.08%
Corporate Bonds 24.04%
Housing Development Finance Corporation Ltd. 3.80%
Steel Authority of India Ltd. 2.40%
Tech Mahindra Limited 2.11%
The Great Eastern Shipping Co. Limited 2.05%
Rural Electrification Corporation Limited 1.77%
Reliance Gas Transportation Infrastructure Limited 1.67%
Indian Oil Corporation Ltd 1.51%
Power Finance Corporation Limited 1.39%
Indian Railway Financial Corporation Ltd. 1.22%
The Indian Hotels Company Limited 1.19%
Power Grid Corporation of India Limited 1.18%
Tata Communications Limited 1.16%
Others (with < 1% exposure) 2.58%
MM & Others 5.47%
Total 100.00%
`
14.64%
11.32%
7.98%
6.47%
5.40%
4.80%
4.52%
Banking Services
Computer software
Refinery
Housing Finance Services
Industrial Construction
Infrastructure finance services
Telecommunication services
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
12.49%
41.76%
15.13%
26.10%
4.52%
Debt Maturity Profile ( % of Debt)
Debt25.37%
Equity69.16%
MM & Others5.47%
Asset Allocation (% to AUM)
Gilt5.26%
AAA84.42%
AA0.93%
AA+9.39%
Debt Rating Profile (% of Debt)
11
12
13
14
15
16
17
18
19
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Growth Benchmark14.64%
11.32%
7.98%
6.47%
5.40%
4.80%
4.52%
4.40%
3.72%
2.71%
Banking Services
Computer software
Refinery
Housing Finance Services
Industrial Construction
Infrastructure finance services
Telecommunication services
Steel
Drugs & pharmaceuticals
Electricity distribution
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
12.49%
41.76%
15.13%
26.10%
4.52%
Debt Maturity Profile ( % of Debt)
Debt25.37%
Equity69.16%
MM & Others5.47%
Asset Allocation (% to AUM)
Gilt5.26%
AAA84.42%
AA0.93%
AA+9.39%
Debt Rating Profile (% of Debt)
10
11
12
13
14
15
16
17
18
19
Mar‐09
May‐09
Jun‐09
Aug‐09
Sep‐09
Oct‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
May‐10
Jul‐10
Aug‐10
Sep‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
Apr‐11
Jun‐11
Jul‐11
Aug‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Mar‐12
May‐12
Jun‐12
Jul‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Growth Benchmark
Investment Objective :
Date of Inception : SFIN No.
March 31, 2009 ULIF 007 31/03/09 SUD‐PI‐BL1 142
Products : AUM :
Rs. 53.42 Cr
Portfolio % to AUM
`
Equity 28.29% Minimum Maximum
Infosys Ltd 3.71% 0% 60% 28.29%
Reliance Industries Ltd 3.02% 40% 100% 71.71%
Larsen & Toubro Limited 2.21%
Housing Development Finance Corporation Ltd. 2.04%
Mahindra & Mahindra Ltd. 1.83%ICICI Bank Ltd 1.81%
Aditya Birla Nuvo Limited 1.70%
Tata Global Beverages Ltd. 1.40%
Bharti Airtel Limited 1.24%
Coal India Limited 1.01%
Grasim Industries Ltd. 1.01%
Others (with < 1% exposure) 7.30%
Debt 64.66%
Gilts & SDL 8.04%
GOI 4.25%State Government ‐ Tamil Nadu 2.86%SDL (with < 1% exposure) 0.93%
Corporate Bonds 56.62%
Debt, MM & Others
To aim for stable returns over medium to long term through investments in high quality fixed income and
money market instruments and enhance returns through a fair exposure to equity investments.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND BALANCED - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 30%
CRISIL Composite Bond Index ‐ 70%
Equity
For Dhruv Tara Products
Debt64.66%
Equity28.29%
MM & Others7.05%
Asset Allocation (% to AUM)
Gilt12.43%AA
1 77%
AA+11.30%
Debt Rating Profile (% of Debt)
Rural Electrification Corporation Limited 6.73%LIC Housing Finance Ltd 4.71%Housing Development Finance Corporation Ltd. 4.66%Indian Oil Corporation Ltd 4.36%
The Great Eastern Shipping Co. Limited 3.50%
Steel Authority of India Ltd. 3.14%
Larsen & Toubro Limited 3.01%
Tata Communications Limited 3.01%
Power Finance Corporation Limited 3.01%
The Indian Hotels Company Limited 2.88%
Tech Mahindra Limited 2.66%
Reliance Gas Transportation Infrastructure Limited 1.92%
Power Grid Corporation of India Limited 1.41%
TATA Sons 1.32%
National Bank For Agriculture And Rural Development 1.16%
Tata Steel Limited 1.14%
Reliance Industries Ltd 1.12%
Indian Railway Financial Corporation Ltd. 1.12%
Reliance Ports & Terminals Ltd. 1.02%
Others (with < 1% exposure) 5.76%
MM & Others 7.05%
Total 100.00%
`
12.76%
11.41%
8.90%
6.37%
5.22%
4.28%
4.27%
4 25%
Infrastructure finance services
Housing Finance Services
Refinery
Computer software
Industrial Construction
Steel
Banking Services
Telecommunication
Top 10 Industry Exposure ( % to AUM)< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
16.05%
29.45%
18.51%
31.43%
4.56%
Debt Maturity Profile ( % of Debt)
Debt64.66%
Equity28.29%
MM & Others7.05%
Asset Allocation (% to AUM)
Gilt12.43%
AAA74.51%
AA1.77%
AA+11.30%
Debt Rating Profile (% of Debt)
11
12
13
14
15
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Bal Benchmark
12.76%
11.41%
8.90%
6.37%
5.22%
4.28%
4.27%
4.25%
3.50%
2.88%
Infrastructure finance services
Housing Finance Services
Refinery
Computer software
Industrial Construction
Steel
Banking Services
Telecommunication services
Shipping transport services
Hotels & restaurants
Top 10 Industry Exposure ( % to AUM)< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
16.05%
29.45%
18.51%
31.43%
4.56%
Debt Maturity Profile ( % of Debt)
Debt64.66%
Equity28.29%
MM & Others7.05%
Asset Allocation (% to AUM)
Gilt12.43%
AAA74.51%
AA1.77%
AA+11.30%
Debt Rating Profile (% of Debt)
10
11
12
13
14
15
Mar‐09
May‐09
Jun‐09
Aug‐09
Sep‐09
Oct‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
May‐10
Jul‐10
Aug‐10
Sep‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
Apr‐11
Jun‐11
Jul‐11
Aug‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Mar‐12
May‐12
Jun‐12
Jul‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Bal Benchmark
Investment Objective :
Date of Inception : SFIN No.
March 31, 2009 ULIF 008 31/03/09 SUD‐PI‐BN1 142
Products : AUM :
Rs. 13.93 Cr
Portfolio % to AUM
`
Debt 93.05% Minimum Maximum
Gilts & SDL 19.52% 80% 100% 93.05%
GOI 10.62% 0% 20% 6.95%
State Government ‐ Tamil Nadu 3.65%
SDL ‐ Andhra Pradesh 2.02%
SDL ‐ Gujarat 1.42%
SDL ‐ Kerala 1.39%
SDL (with < 1% exposure) 0.42%
Corporate Bonds 73.54%
Larsen & Toubro Limited 8.00%
Power Grid Corporation of India Limited 7.75%
LIC Housing Finance Ltd 6.55%
Indian Oil Corporation Ltd 5.34%
Reliance Gas Transportation Infrastructure Limited 5.17%
Steel Authority of India Ltd. 4.97%
MM & Others
To aim for stable returns over medium to long term by judicious mix of investments in Government securities and high
quality corporate debt of varying maturities and also in money market instruments.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND BOND - JANUARY, 2013
Benchmark :
CRISIL Composite Bond Index ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
Debt
For Dhruv Tara Products
Debt93.05%
MM & Others6.95%
Asset Allocation (% to AUM)
( )y %
Rural Electrification Corporation Limited 4.44%
National Bank For Agriculture And Rural Development 4.42%
The Indian Hotels Company Limited 3.68%
Housing Development Finance Corporation Ltd. 3.53%
MRF Ltd. 3.02%
Power Finance Corporation Limited 2.88%
TATA Sons 2.20%
Tech Mahindra Limited 2.19%
Tata Communications Limited 2.16%
Tata Steel Limited 1.46%
National Housing Bank 1.43%
Indian Railway Financial Corporation Ltd. 1.43%
Others (with < 1% exposure) 2.92%
MM & Others 6.95%
Total 100.00%
`
14.59%
10.09%
8.00%
7.75%
6.43%
6.07%
5.17%
3.68%
Infrastructure finance services
Housing Finance Services
Industrial Construction
Electricity distribution
Steel
Refinery
LNG storage & distribution
Hotels & restaurants
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
11.90%
20.68% 18.96%
40.48%
7.98%
Debt Maturity Profile ( % of Debt)
Debt93.05%
MM & Others6.95%
Asset Allocation (% to AUM)
Gilt20.97%
AAA67.17%
AA1.57%
AA+10.29%
Debt Rating Profile (% of Debt)
10.0
11.0
12.0
13.0
14.0
NAV/U
NIT (Rs)
NAV Performance (Since Inception)Pen Bond Benchmark
14.59%
10.09%
8.00%
7.75%
6.43%
6.07%
5.17%
3.68%
3.02%
2.20%
Infrastructure finance services
Housing Finance Services
Industrial Construction
Electricity distribution
Steel
Refinery
LNG storage & distribution
Hotels & restaurants
Tyres and Tubes
Securities investment services
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
11.90%
20.68% 18.96%
40.48%
7.98%
Debt Maturity Profile ( % of Debt)
Debt93.05%
MM & Others6.95%
Asset Allocation (% to AUM)
Gilt20.97%
AAA67.17%
AA1.57%
AA+10.29%
Debt Rating Profile (% of Debt)
9.0
10.0
11.0
12.0
13.0
14.0
Mar‐09
May‐09
Jun‐09
Aug‐09
Sep‐09
Oct‐09
Dec‐09
Jan‐10
Mar‐10
Apr‐10
May‐10
Jul‐10
Aug‐10
Sep‐10
Nov‐10
Dec‐10
Feb‐11
Mar‐11
Apr‐11
Jun‐11
Jul‐11
Aug‐11
Oct‐11
Nov‐11
Jan‐12
Feb‐12
Mar‐12
May‐12
Jun‐12
Jul‐12
Sep‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)Pen Bond Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 009 20/01/10 SUD‐LA‐EQ1 142
Products: AUM :
Rs. 467.21 Cr
Portfolio % to AUM
`
Equity 92.25% Minimum Maximum
Reliance Industries Ltd 6.05% 80% 100% 92.25%
Larsen & Toubro Limited 4.75% 0% 20% 7.75%
Infosys Ltd 4.04%
HDFC Bank Ltd 3.94%
Axis Bank Limited 3.79%
Tata Consultancy Services Limited 3.47%
Mahindra & Mahindra Ltd. 3.29%
ICICI Bank Ltd 2.92%
Bharti Airtel Limited 2.84%
Housing Development Finance Corporation Ltd. 2.83%
ITC Ltd. 2.80%
Hindustan Unilever Limited 2.73%
State Bank of India 2.67%
Power Grid Corporation of India Limited 2.54%
Sun Pharmaceuticals Industries Ltd 2.49%
Hindalco Industries Ltd. 2.42%
Tata Motors Limited 2.37%
Equity
MM & Others
Benchmark :
S & P CNX Nifty ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
APEX EQUITY FUND - JANUARY, 2013
To tap growth opportunities for long term capital appreciation through investments primarily in equity and
equity‐related instruments.
Investment PatternActual
Asset Mix
Particulars
For New Dhan Suraksha, New Dhan Suraksha Premium,
New Prabhat Tara, Dhan Suraksha 3 & Dhan Suraksha
Premium 3, Prabhat Tara 3.
MM & Others7.75%
Asset Allocation (% to AUM)
Tata Motors Limited 2.37%
Tech Mahindra Limited 2.34%
Oil & Natural Gas Corpn Ltd 2.21%
Aditya Birla Nuvo Limited 2.20%
Ambuja Cements Ltd 2.14%
Coal India Limited 1.97%
Tata Global Beverages Ltd. 1.77%
HCL Technologies Ltd 1.76%
Bajaj Auto Limited 1.75%
IndusInd Bank Limited 1.49%
Wipro Ltd 1.39%
Grasim Industries Ltd. 1.27%
Lupin Limited 1.24%
The Indian Hotels Company Limited 1.16%
Cipla Ltd. 1.15%
ACC Limited 1.14%
Dr. Reddys Laboratories Ltd. 1.03%
Others (with < 1% exposure) 10.31%
MM & Others 7.75%
Total 100.00%
`
15.10%
13.00%
7.30%
5.89%
4.75%
3.54%
3.44%
3.29%
Banking Services
Computer software
Refinery
Drugs & pharmaceuticals
Industrial Construction
Housing Finance Services
Cosmetics, toiletries, soaps & detergents
Passenger cars & multi utility vehicles
Top 10 Industry Exposure ( % to AUM)
Equity92.25%
MM & Others7.75%
Asset Allocation (% to AUM)
8.0
9.0
10.0
11.0
12.0
13.0
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Apex Equity Benchmark
15.10%
13.00%
7.30%
5.89%
4.75%
3.54%
3.44%
3.29%
3.28%
3.19%
Banking Services
Computer software
Refinery
Drugs & pharmaceuticals
Industrial Construction
Housing Finance Services
Cosmetics, toiletries, soaps & detergents
Passenger cars & multi utility vehicles
Cement
Copper & copper products
Top 10 Industry Exposure ( % to AUM)
Equity92.25%
MM & Others7.75%
Asset Allocation (% to AUM)
8.0
9.0
10.0
11.0
12.0
13.0
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Apex Equity Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 010 20/01/10 SUD‐LA‐GR1 142
Products : AUM :
Rs. 471.93 Cr
Portfolio % to AUM
`
Equity 70.11% Minimum Maximum
Reliance Industries Ltd 4.31% 55% 85% 70.11%
Larsen & Toubro Limited 3.48% 15% 45% 29.89%
Axis Bank Limited 3.25%
Infosys Ltd 3.03%
Mahindra & Mahindra Ltd. 2.81%
HDFC Bank Ltd 2.53%
Tata Consultancy Services Limited 2.31%
ICICI Bank Ltd 2.30%
Bharti Airtel Limited 2.25%
Tech Mahindra Limited 2.23%
Power Grid Corporation of India Limited 2.20%
Hindustan Unilever Limited 2.13%
State Bank of India 1.88%
Aditya Birla Nuvo Limited 1.86%
Housing Development Finance Corporation Ltd. 1.85%
Sun Pharmaceuticals Industries Ltd 1.83%
Ambuja Cements Ltd 1.75%
Oil & Natural Gas Corpn Ltd 1.71%
Hindalco Industries Ltd. 1.69%
ITC Ltd. 1.60%
IndusInd Bank Limited 1.51%
Equity
Debt, MM & Others
Benchmark :
S & P CNX Nifty ‐ 70%
CRISIL Composite Bond Index ‐ 30%
APEX GROWTH FUND - JANUARY, 2013
To aim for medium to long term capital appreciation by maintaining a diversified portfolio of equity and
equity related instruments and fair exposure to high credit quality portfolio of debt and money market
instruments.
Investment PatternActual
Asset Mix
Particulars
For New Dhan Suraksha, New Dhan Suraksha
Premium, New Prabhat Tara, Dhan Suraksha 3 &
Dhan Suraksha Premium 3, Prabhat Tara 3.
Debt24.41%
Equity70.11%
MM & Others5.48%
Asset Allocation (% to AUM)
Gilt12.34%
AA
AA+17.55%
Debt Rating Profile (% of Debt)
Tata Global Beverages Ltd. 1.47%
Coal India Limited 1.46%
Lupin Limited 1.31%
Tata Steel Limited 1.29%
Tata Motors Limited 1.28%
Bajaj Auto Limited 1.26%
Wipro Ltd 1.19%
HCL Technologies Ltd 1.12%
Others (with < 1% exposure) 11.22%
Debt 24.41%
Gilts & SDL 3.01%
GOI 2.78%
SDL (with < 1% exposure) 0.23%
Corporate Bonds 21.40%
Housing Development Finance Corporation Ltd. 3.55%
Power Grid Corporation of India Limited 2.32%
Rural Electrification Corporation Limited 1.31%
Power Finance Corporation Limited 1.25%
Sundaram Finance Ltd. 1.13%
Others (with < 1% exposure) 11.83%
MM & Others 5.48%
Total 100.00%
`
11.80%
10.16%
6.85%
5.88%
5.15%
4.52%
4.51%
Banking Services
Computer software
Housing Finance Services
Refinery
Drugs & pharmaceuticals
Electricity distribution
Infrastructure finance services
Top 10 Industry Exposure ( % to AUM)< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
22.03%
17.18%
7.95%
35.88%
16.96%
Debt Maturity Profile ( % of Debt)
Debt24.41%
Equity70.11%
MM & Others5.48%
Asset Allocation (% to AUM)
Gilt12.34%
AAA68.31%
AA1.79%
AA+17.55%
Debt Rating Profile (% of Debt)
10.0
10.5
11.0
11.5
12.0
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Apex Growth Benchmark
11.80%
10.16%
6.85%
5.88%
5.15%
4.52%
4.51%
3.69%
2.81%
2.79%
Banking Services
Computer software
Housing Finance Services
Refinery
Drugs & pharmaceuticals
Electricity distribution
Infrastructure finance services
Industrial Construction
Passenger cars & multi utility vehicles
Copper & copper products
Top 10 Industry Exposure ( % to AUM)< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
22.03%
17.18%
7.95%
35.88%
16.96%
Debt Maturity Profile ( % of Debt)
Debt24.41%
Equity70.11%
MM & Others5.48%
Asset Allocation (% to AUM)
Gilt12.34%
AAA68.31%
AA1.79%
AA+17.55%
Debt Rating Profile (% of Debt)
9.0
9.5
10.0
10.5
11.0
11.5
12.0
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Apex Growth Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 011 20/01/10 SUD‐LA‐BL1 142
Products : AUM :
Rs. 304.13 Cr
Portfolio % to AUM
`
Equity 49.78% Minimum Maximum
Reliance Industries Ltd 3.00% 35% 65% 49.78%
Infosys Ltd 2.77% 35% 65% 50.22%
Larsen & Toubro Limited 2.67%
Mahindra & Mahindra Ltd. 2.38%Tech Mahindra Limited 2.01%HDFC Bank Ltd 1.91%
Axis Bank Limited 1.73%
Hindustan Unilever Limited 1.70%
Aditya Birla Nuvo Limited 1.60%
ICICI Bank Ltd 1.54%
Bharti Airtel Limited 1.48%
State Bank of India 1.47%Tata Global Beverages Ltd. 1.44%
Power Grid Corporation of India Limited 1.42%
Power Finance Corporation Limited 1.32%
Coal India Limited 1.27%
Lupin Limited 1.22%
Sun Pharmaceuticals Industries Ltd 1.19%
Tata Steel Limited 1.11%
ITC Ltd. 1.09%
Housing Development Finance Corporation Ltd. 1.08%
Oil & Natural Gas Corpn Ltd 1.03%
Others (with < 1% exposure) 15.47%
Equity
Debt, MM & Others
To optimize returns over medium to long term, by aiming balance between risk and return, through
investments in high quality equity and debt instruments.
Benchmark :
S & P CNX Nifty ‐ 50%
CRISIL Composite Bond Index ‐ 50%
For New Dhan Suraksha, New Dhan Suraksha
Premium, New Prabhat Tara, Dhan Suraksha 3 &
Dhan Suraksha Premium 3, Prabhat Tara 3.
APEX BALANCED FUND - JANUARY, 2013
Investment PatternActual
Asset Mix
Particulars
Debt41.90%
Equity49.78%
MM & Others8.33%
Asset Allocation( % to AUM)
Gilt15.44%
AA4.05%
AA+15.04%
Debt Rating Profile (% of Debt)
Debt 41.90%
Gilts & SDL 6.47%
GOI 3.45%
SDL (with < 1% exposure) 3.02%
Corporate Bonds 35.43%
LIC Housing Finance Ltd 3.55%
Power Grid Corporation of India Limited 3.43%
Housing Development Finance Corporation Ltd. 3.00%
Power Finance Corporation Limited 2.72%
Reliance Ports & Terminals Ltd. 1.97%
United Phosphorus Limited 1.74%
Raymond Ltd. 1.70%
Infrastructure Leasing & Financial Services Ltd. 1.58%
Reliance Gas Transportation Infrastructure Limited 1.53%
UltraTech Cement Limited 1.41%HDB Financial Services LTD 1.35%Sundaram Finance Ltd. 1.23%Steel Authority of India Ltd. 1.20%Hindalco Industries Ltd. 1.18%Larsen & Toubro Limited 1.06%Others (with < 1% exposure) 9.02%
MM & Others 8.33%
Total 100.00%
`
8.41%
7.76%
7.39%
5.26%
4.86%
3.89%
3.72%
Housing Finance Services
Banking Services
Computer software
Infrastructure finance services
Electricity distribution
Drugs & pharmaceuticals
Industrial Construction
Top 10 Industry Exposure ( % to AUM) < 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
20.40%18.53%
6.96%
45.16%
8.95%
Debt Maturity Profile ( % of Debt)
Debt41.90%
Equity49.78%
MM & Others8.33%
Asset Allocation( % to AUM)
Gilt15.44%
AAA65.46%
AA4.05%
AA+15.04%
Debt Rating Profile (% of Debt)
10
10.5
11
11.5
12
12.5
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Apex Balance Benchmark
8.41%
7.76%
7.39%
5.26%
4.86%
3.89%
3.72%
3.55%
2.99%
2.50%
Housing Finance Services
Banking Services
Computer software
Infrastructure finance services
Electricity distribution
Drugs & pharmaceuticals
Industrial Construction
Refinery
Cement
Copper & copper products
Top 10 Industry Exposure ( % to AUM) < 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
20.40%18.53%
6.96%
45.16%
8.95%
Debt Maturity Profile ( % of Debt)
Debt41.90%
Equity49.78%
MM & Others8.33%
Asset Allocation( % to AUM)
Gilt15.44%
AAA65.46%
AA4.05%
AA+15.04%
Debt Rating Profile (% of Debt)
9
9.5
10
10.5
11
11.5
12
12.5
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Apex Balance Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 012 20/01/10 SUD‐LA‐BN1 142
Products : AUM :
Rs. 95.97 Cr
Portfolio % to AUM
`
Debt 90.84% Minimum Maximum
Gilts & SDL 20.31% 80% 100% 90.84%
GOI 16.97% 0% 20% 9.16%
State Government ‐ Tamil Nadu 2.12%
SDL (with < 1% exposure) 1.22%
Corporate Bonds 70.53%
Power Grid Corporation of India Limited 7.51%
National Thermal Power Corporation Limited 7.40%
LIC Housing Finance Ltd 6.63%
Steel Authority of India Ltd. 5.76%
Reliance Ports & Terminals Ltd. 5.33%
Infrastructure Leasing & Financial Services Ltd. 2.77%
Housing Development Finance Corporation Ltd. 2.73%
Reliance Capital Limited 2.70%
Power Finance Corporation Limited 2.67%
Hindalco Industries Ltd. 2.66%
Reliance Industries Ltd 2.53%
DEBT
MM & Others
Particulars
Benchmark :
CRISIL Composite Bond Index ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
APEX BOND FUND - JANUARY, 2013
To aim for stable returns over medium to long term by judicious mix of investments in Government securities and
high quality corporate debt of varying maturities and also in money market instruments.
Investment PatternActual
Asset Mix
For New Dhan Suraksha, New Dhan Suraksha Premium,
New Prabhat Tara, Dhan Suraksha 3 & Dhan Suraksha
Premium 3, Prabhat Tara 3.
Debt90.84%
MM & Others9.16%
Asset Allocation (% to AUM)
Gilt22.36%
AA+13 07%
Debt Rating Profile (% of Debt)
The Great Eastern Shipping Co. Limited 2.16%
The Indian Hotels Company Limited 2.13%
Rural Electrification Corporation Limited 2.03%
Sundaram Finance Ltd. 1.67%
MRF Ltd. 1.64%
L & T Finance Ltd. 1.57%
Larsen & Toubro Limited 1.57%
TATA Sons 1.37%
Reliance Gas Transportation Infrastructure Limited 1.34%
Dr. Reddy's Laboratories Ltd. 1.15%
National Bank For Agriculture And Rural Development 1.07%
Aditya Birla Nuvo Limited 1.04%
National Housing Bank 1.04%
Others (with < 1% exposure) 3.09%
MM & Others 9.16%
Total 100.00%
`
9.36%
7.51%
7.40%
6.91%
5.76%
5.33%
2.84%
2.77%
Housing Finance Services
Electricity distribution
Electricity generation
Infrastructure finance services
Steel
Service activities incidental to water transportation
Refinery
Other Fund Base Financial Ser ices
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
11.64% 12.73%
7.02%
40.49%
28.13%
Debt Maturity Profile ( % of Debt)
Debt90.84%
MM & Others9.16%
Asset Allocation (% to AUM)
Gilt22.36%
AAA63.69%
AA0.89%
AA+13.07%
Debt Rating Profile (% of Debt)
10 4
10.6
10.8
11.0
11.2
11.4
11.6
11.8
12.0
12.2
12.4
12.6
12.8
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Apex Bond Benchmark
9.36%
7.51%
7.40%
6.91%
5.76%
5.33%
2.84%
2.77%
2.70%
2.66%
Housing Finance Services
Electricity distribution
Electricity generation
Infrastructure finance services
Steel
Service activities incidental to water transportation
Refinery
Other Fund Base Financial Services
Investment services
Copper & copper products
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
11.64% 12.73%
7.02%
40.49%
28.13%
Debt Maturity Profile ( % of Debt)
Debt90.84%
MM & Others9.16%
Asset Allocation (% to AUM)
Gilt22.36%
AAA63.69%
AA0.89%
AA+13.07%
Debt Rating Profile (% of Debt)
9.8
10.0
10.2
10.4
10.6
10.8
11.0
11.2
11.4
11.6
11.8
12.0
12.2
12.4
12.6
12.8
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (R
s)
NAV Performance (Since Inception)
Apex Bond Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 013 20/01/10 SUD‐PA‐EQ1 142
Products : AUM :
Rs. 129.89 Cr
Portfolio % to AUM
`
Equity 90.98% Minimum Maximum
Reliance Industries Ltd 6.70% 80% 100% 90.98%
Larsen & Toubro Limited 5.99% 0% 20% 9.02%
State Bank of India 4.53%
Tata Consultancy Services Limited 4.24%
HDFC Bank Ltd 4.23%
Housing Development Finance Corporation Ltd. 4.14%
Infosys Ltd 3.96%
Axis Bank Limited 3.75%
Mahindra & Mahindra Ltd. 3.48%
Aditya Birla Nuvo Limited 3.22%
ICICI Bank Ltd 2.93%
Bharti Airtel Limited 2.87%
Hindalco Industries Ltd. 2.85%
Power Grid Corporation of India Limited 2.72%
Godrej Consumer Products Limited 2.70%
HCL Technologies Ltd 2.32%
MM & Others
To seek consistent long term capital appreciation through investments primarily in equity and equity‐related
instruments by focusing predominantly on well established companies.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND APEX EQUITY - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
Equity
For New Dhruv Tara Products
MM & Others9.02%
Asset Allocation (% to AUM)
Hindustan Unilever Limited 2.21%
Tata Motors Limited 2.15%
Oil & Natural Gas Corpn Ltd 1.94%
Sun Pharmaceuticals Industries Ltd 1.91%
Grasim Industries Ltd. 1.81%
Coal India Limited 1.76%
Lupin Limited 1.75%
ITC Ltd. 1.56%
IndusInd Bank Limited 1.55%
Bajaj Auto Limited 1.47%
The Indian Hotels Company Limited 1.39%
Cipla Ltd. 1.34%
Dr. Reddys Laboratories Ltd. 1.15%
Others (with < 1% exposure) 8.35%
MM & Others 9.02%
Total 100.00%
`
17.26%
11.58%
6.88%
6.15%
5.99%
4.91%
4.14%
3.68%
Banking Services
Computer software
Refinery
Drugs & pharmaceuticals
Industrial Construction
Cosmetics, toiletries, soaps & detergents
Housing Finance Services
Copper & copper products
Passenger cars & multi utility
Top 10 Industry Exposure ( % to AUM)
Equity90.98%
MM & Others9.02%
Asset Allocation (% to AUM)
8.5
9.0
9.5
10.0
10.5
11.0
11.5
12.0
12.5
13.0
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Equity Benchmark
17.26%
11.58%
6.88%
6.15%
5.99%
4.91%
4.14%
3.68%
3.48%
3.22%
Banking Services
Computer software
Refinery
Drugs & pharmaceuticals
Industrial Construction
Cosmetics, toiletries, soaps & detergents
Housing Finance Services
Copper & copper products
Passenger cars & multi utility vehicles
Diversified
Top 10 Industry Exposure ( % to AUM)
Equity90.98%
MM & Others9.02%
Asset Allocation (% to AUM)
8.5
9.0
9.5
10.0
10.5
11.0
11.5
12.0
12.5
13.0
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Equity Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 014 20/01/10 SUD‐PA‐GR1 142
Products : AUM :
Rs. 149.48 Cr
Portfolio % to AUM
`
Equity 68.72% Minimum Maximum
Reliance Industries Ltd 4.60% 55% 85% 68.72%
Larsen & Toubro Limited 4.37% 15% 45% 31.28%
Infosys Ltd 3.63%
Housing Development Finance Corporation Ltd. 3.13%
Mahindra & Mahindra Ltd. 3.12%
HDFC Bank Ltd 3.02%
Bharti Airtel Limited 2.99%
State Bank of India 2.93%
Tata Consultancy Services Limited 2.74%
Axis Bank Limited 2.68%
ITC Ltd. 2.07%
Hindustan Unilever Limited 2.03%
Power Grid Corporation of India Limited 1.89%
Aditya Birla Nuvo Limited 1.81%
Coal India Limited 1.80%
Tata Steel Limited 1.64%
HCL Technologies Ltd 1.64%
ICICI Bank Ltd 1.62%
Sun Pharmaceuticals Industries Ltd 1.56%
Cipla Ltd. 1.49%
B j j A t Li it d 1 44%
Debt, MM & Others
To seek consistent growth over medium to long term by focusing predominantly on well established companies
through investments primarily in equity and equity‐related instruments and fair exposure to high credit quality
portfolio of debt and money market instruments.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND APEX GROWTH - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 70%
CRISIL Composite Bond Index ‐ 30%
Equity
For New Dhruv Tara Products
Debt26.71%
Equity68.72%
MM & Others4.56%
Asset Allocation (% to AUM)
Gilt18.56%
AA+6.35%
Debt Rating Profile (% of Debt)
Bajaj Auto Limited 1.44%
Tech Mahindra Limited 1.44%
Oil & Natural Gas Corpn Ltd 1.39%
Hindalco Industries Ltd. 1.27%
Godrej Consumer Products Limited 1.21%
IndusInd Bank Limited 1.20%
Lupin Limited 1.17%
Grasim Industries Ltd. 1.12%
Tata Motors Limited 1.04%
Others (with < 1% exposure) 10.03%
Debt 26.71%
Gilts & SDL 4.96%
GOI 3.85%
SDL (with < 1% exposure) 1.11%
Corporate Bonds 21.76%
Power Finance Corporation Limited 3.55%
Housing Development Finance Corporation Ltd. 3.01%
Reliance Ports & Terminals Ltd. 2.91%
LIC Housing Finance Ltd 1.95%
Dr. Reddy's Laboratories Ltd. 1.36%
Reliance Gas Transportation Infrastructure Limited 1.04%
National Housing Bank 1.00%
Others (with < 1% exposure) 6.94%
MM & Others 4.56%
Total 100.00%
`
11.44%
10.92%
8.08%
6.47%
6.16%
5.51%
5 04%
Banking Services
Computer software
Housing Finance Services
Drugs & pharmaceuticals
Infrastructure finance services
Refinery
Industrial Construction
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
15.85%
32.42%
11.78%
34.07%
5.88%
Debt Maturity Profile ( % of Debt)
Debt26.71%
Equity68.72%
MM & Others4.56%
Asset Allocation (% to AUM)
Gilt18.56%
AAA75.09%
AA+6.35%
Debt Rating Profile (% of Debt)
10.0
10.5
11.0
11.5
12.0
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Growth Benchmark11.44%
10.92%
8.08%
6.47%
6.16%
5.51%
5.04%
3.24%
3.12%
2.99%
Banking Services
Computer software
Housing Finance Services
Drugs & pharmaceuticals
Infrastructure finance services
Refinery
Industrial Construction
Cosmetics, toiletries, soaps & detergents
Passenger cars & multi utility vehicles
Telecommunication services
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
15.85%
32.42%
11.78%
34.07%
5.88%
Debt Maturity Profile ( % of Debt)
Debt26.71%
Equity68.72%
MM & Others4.56%
Asset Allocation (% to AUM)
Gilt18.56%
AAA75.09%
AA+6.35%
Debt Rating Profile (% of Debt)
9.0
9.5
10.0
10.5
11.0
11.5
12.0
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Growth Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 015 20/01/10 SUD‐PA‐BL1 142
Products : AUM :
Rs. 66.98 Cr
Portfolio % to AUM
`
Equity 47.77% Minimum Maximum
Reliance Industries Ltd 4.26% 35% 65% 47.77%
Mahindra & Mahindra Ltd. 3.48% 35% 65% 52.23%
HDFC Bank Ltd 3.12%
Infosys Ltd 2.94%Larsen & Toubro Limited 2.64%HCL Technologies Ltd 1.96%
Housing Development Finance Corporation Ltd. 1.88%
State Bank of India 1.85%
Tech Mahindra Limited 1.65%Hindustan Unilever Limited 1.49%Grasim Industries Ltd. 1.41%
Aditya Birla Nuvo Limited 1.65%Lupin Limited 1.60%
Tata Global Beverages Ltd. 1.58%Tata Consultancy Services Limited 1.57%Power Grid Corporation of India Limited 1.35%Axis Bank Limited 1.35%Tata Steel Limited 1.34%Cipla Ltd. 1.21%IndusInd Bank Limited 1.20%ICICI Bank Ltd 1.16%Oil & N t l G C Ltd 1 12%
Debt, MM & Others
To optimize returns over medium to long term, by aiming balance between risk and return, through
investments in high quality equity and debt instruments.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND APEX BALANCED - JANUARY, 2013
Benchmark :
S & P CNX Nifty ‐ 50%
CRISIL Composite Bond Index ‐ 50%
Equity
For New Dhruv Tara Products
Debt44.51%
Equity47.77%
MM & Others7.71%
Asset Allocation (% to AUM)
Gilt23.23%
AA+8.01%
Debt Rating Profile (% of Debt)
Oil & Natural Gas Corpn Ltd 1.12%
Others (with < 1% exposure) 8.24%
Debt 44.51%
Gilts & SDL 10.34%
GOI 6.87%
State Government ‐ Tamil Nadu 1.51%
SDL ‐ Gujarat 1.48%
SDL ‐ Other States (with < 1% exposure) 0.48%
Corporate Bonds 34.17%
LIC Housing Finance Ltd 4.18%
Reliance Ports & Terminals Ltd. 4.06%
Larsen & Toubro Limited 3.88%
Housing Development Finance Corporation Ltd. 2.99%
Power Finance Corporation Limited 2.83%
Hindustan Petroleum Corporation Ltd. 2.53%
Aditya Birla Nuvo Limited 2.53%
Infrastructure Leasing & Financial Services Ltd. 1.59%
Reliance Gas Transportation Infrastructure Limited 1.57%
TATA Sons 1.52%
Others (with < 1% exposure) 6.50%
MM & Others 7.71%
Total 100.00%
`
9.05%
8.73%
8.68%
7.60%
6.52%
5.20%
4.18%
4.06%
Housing Finance Services
Computer software
Banking Services
Refinery
Industrial Construction
Infrastructure finance services
Diversified
Service activities incidental to water transportation
Top 10 Industry Exposure ( % to AUM)< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
22.79%
18.42%
12.17%
44.17%
2.45%
Debt Maturity Profile ( % of Debt)
Debt44.51%
Equity47.77%
MM & Others7.71%
Asset Allocation (% to AUM)
Gilt23.23%
AAA68.77%
AA+8.01%
Debt Rating Profile (% of Debt)
9.5
10.0
10.5
11.0
11.5
12.0
12.5
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Bal Benchmark
9.05%
8.73%
8.68%
7.60%
6.52%
5.20%
4.18%
4.06%
3.72%
3.48%
Housing Finance Services
Computer software
Banking Services
Refinery
Industrial Construction
Infrastructure finance services
Diversified
Service activities incidental to water transportation
Drugs & pharmaceuticals
Passenger cars & multi utility vehicles
Top 10 Industry Exposure ( % to AUM)< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
22.79%
18.42%
12.17%
44.17%
2.45%
Debt Maturity Profile ( % of Debt)
Debt44.51%
Equity47.77%
MM & Others7.71%
Asset Allocation (% to AUM)
Gilt23.23%
AAA68.77%
AA+8.01%
Debt Rating Profile (% of Debt)
9.0
9.5
10.0
10.5
11.0
11.5
12.0
12.5
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Bal Benchmark
Investment Objective :
Date of Inception : SFIN No.
January 20, 2010 ULIF 016 20/01/10 SUD‐PA‐BN1 142
Products : AUM :
For New Dhruv Tara Products Rs. 25.26 Cr
Portfolio % to AUM
`
Debt 84.99% Minimum Maximum
Gilts & SDL 22.30% 80% 100% 84.99%
GOI 14.76% 0% 20% 15.01%
SDL ‐ Gujarat 3.33%
State Govt ‐ Maharashtra 2.88%
SDL ‐ Andhra Pradesh 1.02%
SDL (with < 1% exposure) 0.31%
Corporate Bonds 62.69%
Power Grid Corporation of India Limited 7.09%
Power Finance Corporation Limited 6.77%
Housing Development Finance Corporation Ltd. 5.52%
Rural Electrification Corporation Limited 5.28%
Larsen & Toubro Limited 4.76%
Reliance Ports & Terminals Ltd. 4.31%
Raymond Ltd. 4.09%
Hindalco Industries Ltd. 4.05%
Reliance Industries Ltd 2.80%
MM & Others
To aim for stable returns over medium to long term by judicious mix of investments in Government securities
and high quality corporate debt of varying maturities and also in money market instruments.
Asset Mix
ParticularsInvestment Pattern
Actual
INDIVIDUAL PENSION FUND APEX BOND -JANUARY, 2013
Benchmark :
CRISIL Composite Bond Index ‐ 90%
CRISIL Liquid Fund Index ‐ 10%
DEBT
Debt84.99%
MM & Others15.01%
Asset Allocation( % to AUM)
Gilt26.24%
AA
AA+10.93%
Debt Rating Profile (% of Debt)
TATA Sons 2.41%
MRF Ltd. 2.08%
National Thermal Power Corporation Limited 2.01%
Hindustan Petroleum Corporation Ltd. 1.98%
Reliance Gas Transportation Infrastructure Limited 1.61%
LIC Housing Finance Ltd 1.59%
Dr. Reddy's Laboratories Ltd. 1.59%
Aditya Birla Nuvo Limited 1.58%
Tech Mahindra Limited 1.21%
Indian Railway Financial Corporation Ltd. 1.19%
Others (with < 1% exposure) 0.79%
MM & Others 15.01%
Total 100.00%
`
13.63%
7.12%
7.09%
4.77%
4.76%
4.31%
4.09%
4.05%
2.41%
Infrastructure finance services
Housing Finance Services
Electricity distribution
Refinery
Industrial Construction
Service activities incidental to water transportation
Other Textiles
Copper & copper products
Securities investment services
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
13.10%
22.91%
9.90%
37.90%
16.20%
Debt Maturity Profile ( % of Debt)
Debt84.99%
MM & Others15.01%
Asset Allocation( % to AUM)
Gilt26.24%
AAA58.01%
AA4.81%
AA+10.93%
Debt Rating Profile (% of Debt)
10.3
10.8
11.3
11.8
12.3
12.8
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Bond Benchmark
13.63%
7.12%
7.09%
4.77%
4.76%
4.31%
4.09%
4.05%
2.41%
2.08%
Infrastructure finance services
Housing Finance Services
Electricity distribution
Refinery
Industrial Construction
Service activities incidental to water transportation
Other Textiles
Copper & copper products
Securities investment services
Tyres and Tubes
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
13.10%
22.91%
9.90%
37.90%
16.20%
Debt Maturity Profile ( % of Debt)
Debt84.99%
MM & Others15.01%
Asset Allocation( % to AUM)
Gilt26.24%
AAA58.01%
AA4.81%
AA+10.93%
Debt Rating Profile (% of Debt)
9.8
10.3
10.8
11.3
11.8
12.3
12.8
Jan‐10
Mar‐10
Apr‐10
Jun‐10
Aug‐10
Sep‐10
Nov‐10
Jan‐11
Feb‐11
Apr‐11
Jun‐11
Jul‐11
Sep‐11
Nov‐11
Dec‐11
Feb‐12
Mar‐12
May‐12
Jul‐12
Aug‐12
Oct‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Pen Apex Bond Benchmark
Investment Objective :
Date of Inception : SFIN No.
April 29, 2011 ULIF 017 29/04/11 SUD‐LX‐BL1 142
Products : AUM :
For Dhan Suraksha Express Rs. 33.16 Cr
Portfolio % to AUM
`
Equity 28.64% Minimum Maximum
Reliance Industries Ltd 1.93% 0% 60% 28.64%
Larsen & Toubro Limited 1.81% 40% 100% 71.36%
HDFC Bank Ltd 1.75%
Bajaj Auto Limited 1.53%
HCL Technologies Ltd 1.53%ACC Limited 1.52%Infosys Ltd 1.32%
State Bank of India 1.10%
Axis Bank Limited 1.09%
ICICI Bank Ltd 1.08%
Godrej Consumer Products Limited 0.97%
Others (with < 1% exposure) 13.04%
Debt 60.98%
Gilts & SDL 10.12%
GOI 7.05%
State Government ‐ Tamil Nadu 3.07%
Corporate Bonds 50.87%
Reliance Gas Transportation Infrastructure Limited 6.52%
The Great Eastern Shipping Co Limited 6 26%
Equity
Debt, MM & Others
EXPRESS BALANCED FUND - JANUARY, 2013
To optimize returns over medium to long term, by aiming balance between risk and return, through investments
in high quality equity and debt instruments.
Asset Mix
Benchmark :
S & P CNX Nifty ‐ 30%
CRISIL Composite Bond Index ‐ 70%
ParticularsInvestment Pattern
Actual
Debt60.98%
Equity28.64%
MM & Others10.37%
Asset Allocation( % to AUM)
Gilt16.59%
AA1 28%
AA+15.63%
Debt Rating Profile (% of Debt)
The Great Eastern Shipping Co. Limited 6.26%
Power Grid Corporation of India Limited 5.27%
Reliance Ports & Terminals Ltd. 4.27%
Power Finance Corporation Limited 4.08%
The Indian Hotels Company Limited 3.09%
Infrastructure Leasing & Financial Services Ltd. 2.57%
National Bank For Agriculture And Rural Development 2.47%
LIC Housing Finance Ltd 2.15%Larsen & Toubro Limited 1.82%MRF Ltd. 1.58%Tata Capital Financial Services Ltd 1.53%National Thermal Power Corporation Limited 1.53%L & T Finance Ltd. 1.52%
Steel Authority of India Ltd. 1.50%
Aditya Birla Nuvo Limited 1.20%
Housing Development Finance Corporation Ltd. 1.20%
Others (with < 1% exposure) 6.21%
MM & Others 10.37%
Total 100.00%
`
6.88%
6.52%
6.26%
5.61%
5.41%
4.43%
4.27%
4.06%
3 63%
Infrastructure finance services
LNG storage & distribution
Shipping transport services
Electricity distribution
Banking Services
Computer software
Service activities incidental to water transportation
Housing Finance Services
Other Financial Services
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
5.95% 8.27%
13.63%
53.96%
18.19%
Debt Maturity Profile ( % of Debt)
Debt60.98%
Equity28.64%
MM & Others10.37%
Asset Allocation( % to AUM)
Gilt16.59%
AAA66.51%
AA1.28%
AA+15.63%
Debt Rating Profile (% of Debt)
10.1
10.6
11.1
11.6
12.1
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Exp Bal Benchmark
6.88%
6.52%
6.26%
5.61%
5.41%
4.43%
4.27%
4.06%
3.63%
3.63%
Infrastructure finance services
LNG storage & distribution
Shipping transport services
Electricity distribution
Banking Services
Computer software
Service activities incidental to water transportation
Housing Finance Services
Other Financial Services
Industrial Construction
Top 10 Industry Exposure ( % to AUM)
< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years
5.95% 8.27%
13.63%
53.96%
18.19%
Debt Maturity Profile ( % of Debt)
Debt60.98%
Equity28.64%
MM & Others10.37%
Asset Allocation( % to AUM)
Gilt16.59%
AAA66.51%
AA1.28%
AA+15.63%
Debt Rating Profile (% of Debt)
9.6
10.1
10.6
11.1
11.6
12.1
Apr‐11
May‐11
Jun‐11
Jul‐11
Aug‐11
Sep‐11
Sep‐11
Oct‐11
Nov‐11
Dec‐11
Jan‐12
Jan‐12
Feb‐12
Mar‐12
Apr‐12
May‐12
Jun‐12
Jun‐12
Jul‐12
Aug‐12
Sep‐12
Oct‐12
Oct‐12
Nov‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Inception)
Exp Bal Benchmark
Investment Objective :
Date of Inception : SFIN No.
June 03, 2011 ULIF 018 03/06/11 SUD‐UL‐DP1 142
Products : AUM :
For all Unit Linked products Rs. 78.53 Cr
Portfolio % to AUM
`
Minimum Maximum
MM & Others 100.00%
DISCONTINUED POLICIES FUND - JANUARY, 2013
To ensure safety and liquidity of funds and to generate the returns over and above defined regulatory minimum
rate of return. (Presently it is saving bank interest rate of SBI)
Benchmark :
Asset Mix
CRISIL Liquid Fund Index ‐ 100%
ParticularsInvestment Pattern
Actual
MM & Others 0% 100% 100.00%
MM & Others100.00%
Asset Allocation( % to AUM)
10 08
10.18
10.28
10.38
10.48
10.58
10.68
10.78
10.88
10.98
11.08
11.18
NAV/U
NIT (Rs)
NAV Performance (Since Nov 01, 2011)
Discontinued Fund Benchmark
MM & Others100.00%
Asset Allocation( % to AUM)
9.98
10.08
10.18
10.28
10.38
10.48
10.58
10.68
10.78
10.88
10.98
11.08
11.18
Nov‐11
Dec‐11
Jan‐12
Feb‐12
Mar‐12
Apr‐12
May‐12
Jun‐12
Jul‐12
Aug‐12
Sep‐12
Oct‐12
Nov‐12
Dec‐12
Jan‐13
NAV/U
NIT (Rs)
NAV Performance (Since Nov 01, 2011)
Discontinued Fund Benchmark
Risk Factors
• This document has been prepared for the purpose of providing general information
only.
• Unit Linked Life Insurance products are different from the traditional insurance
products and are subject to various risk factors.
• Customers should take into account their personal investment objectives, risk
appetite and other aspects of their financial situation before making an investment
decision.
• Unit linked policies are subject to market risks associated with capital markets and
NAVs of units may go up or down based on the performance of fund and factors
influencing the capital market and the customers have to consider this aspect while
taking any decision.
• SUD Life shall not be responsible for any losses caused or any claims that arise due to
investments made based on this document.
• Customers are advised to note that the details are based on past performance and
are not indicative of its future prospects or returns.
• All efforts have been made to ensure accuracy of the contents of this document,
however, SUD Life shall not be held responsible for any errors or omissions.
Disclaimers related to Benchmark Indices
CRISIL Composite Bond Index and CRISIL Liquid Fund Index
CRISIL has taken due care and caution in compilation of data. Information has been obtained by CRISIL
from sources it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or
completeness of the information and is not responsible for any errors or omissions or for the results
obtained from the use of such information. CRISIL is not responsible for any errors in data
reproduction. CRISIL especially states that it has no financial liability whatsoever to the subscribers/
users/ transmitters/ distributors of this bulletin.
S&P CNX NIFTY
“The Individual Life, Pension Life, Individual Apex Life and Pension Apex Life funds related to Equity, Balanced and Growth schemes; and also Individual Life Express Balanced Fund, offered by SUD Life Insurance Co. Ltd are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited ("IISL") or S&P and its affiliates.
“S&P®” and “Standard and Poor’s®” are trademarks of Standard & Poor’s Financial Services LLC, and have been licensed for use by India Index Services & Products Limited in connection with the S&P CNX Nifty Index.
Neither IISL nor S&P and its affiliates makes any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) to the owners of aforesaid schemes or any member of the public regarding the advisability of investing in securities generally or in aforesaid schemes linked to S&P CNX Nifty Index or particularly in the ability of the said Index to track general stock market performance in India”.