InveSTAR - SUD Life › Pdf Attachment › InveSTAR Fact Sheet July 2… · Q1'FY 12 Q1'FY 11 YoY...

Fact Sheet July – 2011

InveSTAR

Global Economic Scenario: Along with US and European economies where signs of slowdown are visible, China’s GDP growth for the second quarter also slowed down to 9.5 % as compared to 9.7% in the previous quarter. Further, to contain inflation, People’s Bank of China has further raised lending rates to 6.56% and reserves requirement for the banks to 21.5%. Euro zone debt crisis is spreading to much larger countries like Italy and Spain. While the European Union is struggling to contain the crisis, Ireland joined Portugal and Greece as the third Euro-area nation to have its credit rating reduced to below investment grade by the Rating Agency, Moody’s. Global Crude Oil Prices After release emergency oil reserves by the International Energy Agency (IEC), Crude Oil prices witnessed sharp fall in June, but recovered in July, despite slow-down in global industrial growth and are continuing to be at an elevated level. Indian Economy: Industrial Production (IIP)

IIP in May’2011 has dropped to nine-month low of 5.6% as against 8.5% registered during the same period a year ago.

User- Based Segmental Growth (YoY)

Basic Goods

Capital Goods

Intermediate Goods

Consumer Goods Aggregate

Feb-11 5.6% - 4.1% 5.8% 13.4% 6.5% Mar-11 6.3% 15.4% 1.9% 11.3% 8.8% Apr-11 6.9% 7.3% 4.5% 4.3% 5.8% May-11 7.3% 5.9% 1.0% 5.4% 5.6% April-May-11 7.0% 6.6% 2.6% 4.9% 5.7%

Dismal performance of IIP was due to drop in growth of Capital and Intermediate goods, while growth rate of consumer goods, which dropped sharply in April’2011, is continuing to be low. Slow YoY growth of these segments and MoM contraction is indicating slow-down in the industrial activity.

Inflation (Based on WPI) For Month-ended Y o Y % Increase June’ 2011 9.45 May’ 2011 9.06 WPI inflation continues to be well above RBI’s comfort level and to curb Inflationary expectations, RBI hiked policy rate by 50 bps in the first quarter monetary policy review and further hikes may not be ruled out. Foreign Trade In quarter ending June’2011, India’s exports have registered healthy growth but due to high commodity prices, imports have also increased sharply, giving rise to 17% increase in trade deficit over the corresponding period of the previous year.

In bn.US$

Q1'FY 12 Q1'FY 11 YoY Growth

1 Imports 110.6 81.2 36.2%

2 Exports 79.0 54.2 45.7%

3 Trade Deficits (1-2) 31.6 26.98 17.1%

MONTHLY REPORT – July’2011 UPDATE OF ECONOMY AND FINANCIAL MARKETS

IIP Growth Rate (As per New Series; Base: 2004-05)

First-Quarter Review of Monetary Policy 2011-2012: Highlights Increase in Repo rate by 50 basis points from

7.5% to 8%. Reverse Repo rate with a spread of 100 bps

adjusts to 7% and the Marginal Standing Facility (MSF) rate, with spread of 100 bps above the Repo rate, stands recalibrated at 9%.

Projection of real GDP growth for the current year retained at 8%.

Projection for WPI inflation for March 2012 revised upward to 7% from 6%.

Non-food bank credit growth projection revised downwards from 19% to 18%.

Indicative projection of M3 growth for 2011-12 revised from 16.0% to 15.5%.

Monsoon

During July’2011, monsoon remained weak with cumulative rainfall for the country as a whole at 86% of Long Period Average (LPA) against the IMD forecast of 93%. Cumulative rainfall during this monsoon season, for the country as a whole, has so far been 6% below the LPA. Region-wise departure from LPA is -5%.-2%,-1% and -18% for North West, Central, South Peninsula and East / North East India respectively. Debt Markets: In line with the policy stance, RBI maintained tight liquidity conditions in the markets and the Call Money rates during the month by and large remained close to the Repo rate (7.50% / 8%) Till announcement of monetary policy on 26th July, Bond Yields remained range bound. Against expectations of 25bps, hike in policy rate by 50 bps was a negative surprise, giving rise to a sharp spike in the Bond Yields, across maturities. As at July end, 10 Year benchmark yield closed at 8.45% as compared to 8.33% as at June end.

Going forward, due to hawkish policy stance of RBI, Bond Yields are expected to remain hard. Yield movements will depend on the inflation levels and further rate actions by RBI. Stock Markets:

During July, due to combination of domestic & international factors, equity markets remained volatile. On domestic front, signs of slowdown in Capex cycle, downgrades of GDP growth forecast for FY 12 and pressure on corporate margins added to the continuing worries of high Inflation and elevated level of Crude Oil prices. Debt crisis in Europe, slow down of global economic growth rates and delayed increase of debt ceiling by US Congress triggered correction in the global markets. Global factors and hike in the policy rates by RBI, triggered correction in our markets towards the end of the month. During the month, Nifty and Sensex lost about 2.9% and 3.4% respectively. Amongst major sectoral indices Consumer Durables, FMCG, Reality and Healthcare sectors gained over the levels of previous month (between 0.4% and 1.5%). Metals, Capital Goods, Power, Oil & Gas, IT, Banking and Auto sectors lost over the levels of previous month (between 5% and 6.9%). 1Q’FY12 results, declared so far, are by and large on expected lines with some margin compression and slow down in Corporate earnings growth. Going forward, Global developments, 1Q’FY12 results, commodity prices, interest rates movements, policy action by Government and spread of monsoon may influence trends in the market.

Equity Indices

Sensex Nifty

Close as on 31.07.11 18,197 5,482 Close as on 30.06.11 18,846 5,647 Change during Period -3.4% -2.9%

Performance Summary as on July 29, 2011

6 Months 1 Year 2 YearSince

NAV Returns

Scheme Name Inception date AUM (Rs. Cr) NAV (Rs.)

InveSTAR

6 Months 1 Year 2 Year Inception

Equity Fund 25/02/2009 94.10 19.64 ‐1.18% 2.01% 7.43% 31.91%

Growth Fund * 25/02/2009 78.74 18.04 0.79% 3.00% 7.74% 27.28%

Balanced Fund 18/02/2009 55.10 13.92 1.77% 2.39% 6.34% 14.49%

Bond Fund 25/02/2009 22.16 11.33 3.21% 4.46% 5.12% 5.50%

Individual Pension Fund ‐ Equity 31/03/2009 70.58 16.52 ‐0.89% 2.11% 8.02% 24.06%

Individual Pension Fund Growth 31/03/2009 75 22 15 12 0 41% 2 18% 6 87% 19 41%

Scheme Name Inception date AUM (Rs. Cr) NAV (Rs.)

Absolute CAGR

Individual

Life @

Pension Life

InveSTAR

Individual Pension Fund ‐ Growth 31/03/2009 75.22 15.12 0.41% 2.18% 6.87% 19.41%

Individual Pension Fund ‐ Balanced 31/03/2009 47.49 13.22 1.52% 3.12% 6.60% 12.74%

Individual Pension Fund ‐ Bond 31/03/2009 11.95 11.30 3.18% 4.37% 5.71% 5.38%

Apex Equity Fund 20/01/2010 232.58 10.73 ‐0.66% 2.80% N.A 4.74%

Apex Growth Fund 20/01/2010 205.35 10.79 0.48% 4.50% N.A 5.12%

Apex Balanced Fund 20/01/2010 117.92 10.89 1.48% 4.04% N.A 5.78%

Apex Bond Fund 20/01/2010 21.58 10.79 2.83% 4.61% N.A 5.15%

Individual Pension Fund Apex Equity 20/01/2010 96 24 10 54 1 30% 1 69% N A 3 51%

Individual

Apex $

Pension Life

@@

InveSTAR

Individual Pension Fund ‐ Apex Equity 20/01/2010 96.24 10.54 ‐1.30% 1.69% N.A 3.51%

Individual Pension Fund ‐ Apex Growth 20/01/2010 106.10 10.49 0.26% 1.74% N.A 3.18%

Individual Pension Fund ‐ Apex Balanced 20/01/2010 48.07 10.57 0.68% 2.75% N.A 3.71%

Individual Pension Fund ‐ Apex Bond 20/01/2010 15.38 10.79 3.04% 4.35% N.A 5.12%Individual

Life * Express Balanced Fund 29/04/2011 3.95 10.26 N.A N.A N.A # 2.62%

Pension

Apex $$

InveSTAR

@ For Dhan Suraksha, Dhan Suraksha Premium, Prabhat Tara Products # Absolute Return

@@ For Dhruv Tara Products

$ For New Dhan Suraksha, New Dhan Suraksha Premium, New Prabhat Tara,

Dhan Suraksha 3, Dhan Suraksha Premium 3 Products.

$$ For New Dhruv Tara Products* For Dhan Suraksha Express

InveSTAR InveSTAR

Investment Objective:

Date of Inception :

February 25, 2009

Portfolio % to AUM

`

Equity 86.54% Minimum Maximum

Larsen & Toubro Limited 6.07% 80% 100% 86.54%

Reliance Industries Ltd 5.21% 0% 20% 13.46%

State Bank of India 4.80%

Tata Consultancy Services Limited 4.66%

ITC Ltd. 4.61%

Infosys Ltd 4.56%

Housing Development Finance Corporation Ltd. 3.70%

HDFC Bank Ltd 3.07%

ICICI Bank Ltd 2.94%

Dr. Reddys Laboratories Ltd. 2.80%

Bajaj Auto Limited 2.44%

Mahindra & Mahindra Ltd. 2.25%

GAIL (India) Limited 2.18%

Sterlite Industries ( India ) Limited 2.14%

Hindustan Unilever Limited 2.13%

Sun Pharmaceuticals Industries Ltd 2.08%

HCL Technologies Ltd 2.05%

Grasim Industries Ltd. 1.97%

Bharti Airtel Limited 1.95%

Cipla Ltd. 1.89%

Coal India Limited 1 81%

CRISIL Liquid Fund Index ‐ 10%

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 - JULY, 2011

Benchmark :

S & P CNX Nifty ‐ 90%

Equity86.54%

MM & Others13.46%

Asset Allocation (% to AUM)

Coal India Limited 1.81%

Tata Motors Limited 1.81%

Hindalco Industries Ltd. 1.67%

Oil & Natural Gas Corpn Ltd 1.60%

Aditya Birla Nuvo Limited 1.59%

Godrej Consumer Products Limited 1.53%

Crompton Greaves Ltd 1.46%

Tata Steel Limited 1.39%

Axis Bank Limited 1.35%

Bharat Petroleum Corpn. Ltd 1.26%

The Indian Hotels Company Limited 1.18%

NTPC Limited 1.02%

Hindustan Petroleum Corporation Ltd. 1.02%Others (with < 1% exposure) 4.37%

MM & Others 13.46%

Total 100.00%

`

13.07%

11.26%

8.07%

7.48%

6.07%

4.61%

3.70%

2.85%

2.44%

Banking Services

Computer software

Drugs & pharmaceuticals

Refinery

Industrial Construction

Tobacco products

Housing Finance Services

Telecommunication services

Two & three wheelers

Top 10 Industry Exposure (% to AUM)

Equity86.54%

MM & Others13.46%


9

11

13

15

17

19

21

23

25

Feb‐09

Mar‐09

Apr‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)

NAV Performance (Since Inception)

Equity Fund Benchmark

13.07%

11.26%

8.07%

7.48%

6.07%

4.61%

3.70%

2.85%

2.44%

2.25%

Banking Services

Computer software


Refinery


Tobacco products




Passenger cars & multi utility vehicles

Top 10 Industry Exposure (% to AUM)

Equity86.54%

MM & Others13.46%


9

11

13

15

17

19

21

23

25

Feb‐09

Mar‐09

Apr‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Equity Fund Benchmark

Investment Objective :

Date of Inception :

February 25, 2009

Portfolio % to AUM

`




ITC Ltd. 3.12%



Infosys Ltd 2.87%

HDFC Bank Ltd 2.50%














Ranbaxy Laboratories Ltd 1.35%



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.


Asset Mix

Particulars

GROWTH FUND - JULY, 2011

Benchmark :


CRISIL Composite Bond Index ‐ 30%

Debt29.11%

Equity58.06%

MM & Others12.84%


Gilt5.61%

AA0.24%

AA+4.06%

Debt Rating Profile (% of Debt)

Sun Pharmaceuticals Industries td .06%

NTPC Limited 1.04%

Others (with < 1% exposure) 7.21%

Debt 29.11%

Gilts & SDL 1.63%GOI 1.63%

Corporate Bonds 27.48%

LIC Housing Finance Ltd 4.00%

Power Finance Corporation Limited 3.35%


Reliance Capital Limited 1.54%

Indian Oil Corporation Ltd 1.52%

The Great Eastern Shipping Co. Limited 1.46%

Reliance Ports & Terminals Ltd. 1.34%

Steel Authority of India Ltd. 1.30%

National Housing Bank 1.24%

Reliance Gas Transportation Infrastucture Limited 1.14%

Reliance Industries Ltd 1.06%

Power Grid Corporation of India Limited 1.03%


MM & Others 12.84%

Total 100.00%

`

10.10%

8.73%

8.72%

7.01%

5.41%

5.37%

4.97%

Banking Services

Computer software


Refinery


Infrastructure finance services


Top 10 Industry Exposure ( % to AUM)

< 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years

1.48%

41.62%

23.68% 27.41%

5.80%

Debt Maturity Profile ( % of Debt)

Debt29.11%

Equity58.06%

MM & Others12.84%


Gilt5.61%

AAA90.10%

AA0.24%

AA+4.06%


10

11

12

13

14

15

16

17

18

19

20

NAV/U

NIT (R

s)


Growth Fund Benchmark10.10%

8.73%

8.72%

7.01%

5.41%

5.37%

4.97%

3.12%

2.77%

2.70%

Banking Services

Computer software


Refinery




Tobacco products

LNG storage & distribution

Cement



1.48%

41.62%

23.68% 27.41%

5.80%


Debt29.11%

Equity58.06%

MM & Others12.84%


Gilt5.61%

AAA90.10%

AA0.24%

AA+4.06%


9

10

11

12

13

14

15

16

17

18

19

20

Feb‐09

Mar‐09

Apr‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Growth Fund Benchmark


Date of Inception :

February 18, 2009

Portfolio % to AUM

`



Infosys Ltd 2.42% 40% 100% 72.81%

Larsen & Toubro Limited 2.32%


ITC Ltd. 1.66%







Debt 66.27%

Gilts & SDL 6.30%

GOI 5.25%

SDL (with < 1% exposure) 1.05%


LIC Housing Finance Ltd 5.78%Housing Development Finance Corporation Ltd. 5.59%Power Finance Corporation Limited 5.52%Reliance Capital Limited 4 05%

BALANCED FUND - JULY, 2011

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

Particulars

Equity

Debt, MM & Others

Benchmark :



Debt66.27%

Equity27.19%

MM & Others6.54%


Gilt9.51%

AA0.12%

AA+10.74%


Reliance Capital Limited 4.05%Steel Authority of India Ltd. 3.49%Reliance Gas Transportation Infrastucture Limited 3.19%Indian Oil Corporation Ltd 3.12%


Dr. Reddy's Laboratories Ltd. 2.72%


ACC Limited 2.18%

Tata Communications Limited 2.06%


Indian Railway Financial Corporation Ltd. 1.84%


Tech Mahindra Limited 1.80%

TATA Sons 1.75%



IDFC 1.17%


MM & Others 6.54%

Total 100.00%

`

12.99%

11.60%

6.58%

5.57%

5.40%

5.13%

4.54%

4.25%

4 05%



Refinery

Computer software



Banking Services

Steel

Oth Fi i l S i



2.86%

44.88%

21.85%26.13%

4.28%

Debt Maturity Profile (% of Debt)

Debt66.27%

Equity27.19%

MM & Others6.54%


Gilt9.51%

AAA79.63%

AA0.12%

AA+10.74%


9

10

11

12

13

14

15

16

NAV/U

NIT (Rs)


Balanced Fund Benchmark

12.99%

11.60%

6.58%

5.57%

5.40%

5.13%

4.54%

4.25%

4.05%

3.21%



Refinery

Computer software



Banking Services

Steel

Other Financial Services

Cement



2.86%

44.88%

21.85%26.13%

4.28%

Debt Maturity Profile (% of Debt)

Debt66.27%

Equity27.19%

MM & Others6.54%


Gilt9.51%

AAA79.63%

AA0.12%

AA+10.74%


9

10

11

12

13

14

15

16

Feb‐09

Mar‐09

Apr‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Balanced Fund Benchmark


Date of Inception :

February 25, 2009

Portfolio % to AUM

`

Debt 91.74% Minimum Maximum

Gilts & SDL 22.42% 80% 100% 91.74%

GOI 20.49% 0% 20% 8.26%

SDL ‐ Gujarat 1.30%




Reliance Gas Transportation Infrastucture Limited 5.24%Indian Railway Financial Corporation Ltd. 4.73%

ACC Limited 4.61%





MRF Ltd. 3.24%


IDFC 3.04%

TATA Sons 3.04%

Th G t E t Shi i C Li it d 2 81%

BOND FUND - JULY, 2011

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

Particulars

Debt

MM & Others



Benchmark :

Debt91.74%

MM & Others8.26%


Gilt

AA0.22%

AA+12.03%








National Bank For Agriculture And Rural Development 1.35%




MM & Others 8.26%

Total 100.00%

`

13.17%

10.82%

5.24%

4.61%

3.91%

3.79%

3.77%

3.66%

3.41%




Cement

Diversified

Refinery


Steel

Electricity distribution



2.96%

40.21%

15.86%

37.55%

3.42%


Debt91.74%

MM & Others8.26%


Gilt24.44%

AAA63.31%

AA0.22%

AA+12.03%


9.8

10

10.2

10.4

10.6

10.8

11

11.2

11.4

11.6

NAV/U

NIT (Rs)


Bond Fund Benchmark

13.17%

10.82%

5.24%

4.61%

3.91%

3.79%

3.77%

3.66%

3.41%

3.24%




Cement

Diversified

Refinery


Steel


Tyres and Tubes



2.96%

40.21%

15.86%

37.55%

3.42%


Debt91.74%

MM & Others8.26%


Gilt24.44%

AAA63.31%

AA0.22%

AA+12.03%


9.8

10

10.2

10.4

10.6

10.8

11

11.2

11.4

11.6

Feb‐09

Mar‐09

Apr‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Bond Fund Benchmark


Date of Inception :

March 31, 2009

Portfolio % to AUM

`



State Bank of India 5.42% 0% 20% 12.01%



ITC Ltd. 4.78%


Infosys Ltd 3.42%




HDFC Bank Ltd 2.57%









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 EQUITY - JULY, 2011

Benchmark :



Equity

Equity87.99%

MM & Others12.01%



Punjab National Bank 1.81%

Hindustan Petroleum Corporation Ltd. 1.79%







NTPC Limited 1.44%


Idea Cellular Limited 1.20%




MM & Others 12.01%

Total 100.00%

`

13.12%

11.49%

8.06%

7.17%

6.85%

4.78%

4.30%

2.75%

2.65%

2.61%

Banking Services

Computer software

Refinery



Tobacco products



Healthcare



Equity87.99%

MM & Others12.01%


10

11

12

13

14

15

16

17

18

19

20

21

22

Mar‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Equity Benchmark

13.12%

11.49%

8.06%

7.17%

6.85%

4.78%

4.30%

2.75%

2.65%

2.61%

Banking Services

Computer software

Refinery



Tobacco products



Healthcare



Equity87.99%

MM & Others12.01%


10

11

12

13

14

15

16

17

18

19

20

21

22

Mar‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Equity Benchmark


Date of Inception :

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.

INDIVIDUAL PENSION FUND GROWTH - JULY, 2011

Benchmark :Date of Inception :

March 31, 2009

Portfolio % to AUM

`





ITC Ltd 3 39%

Equity

Debt, MM & Others

Asset Mix


Actual

Benchmark :



ITC Ltd. 3.39%


Infosys Ltd 2.97%


HDFC Bank Ltd 2.39%







Debt29.64%

Equity63.64%

MM & Others6.71%









Ranbaxy Laboratories Ltd 1.31%




Debt29.64%

Equity63.64%

MM & Others6.71%


Gilt4.92%

AA1.13%

AA+8.57%





Debt 29.64%

Gilts & SDL 1.46%

GOI 1.37%




Power Grid Corporation of India Limited 3 01%

Debt29.64%

Equity63.64%

MM & Others6.71%


Gilt4.92%

AAA85.38%

AA1.13%

AA+8.57%











ACC Limited 1.22%


42.76%

30.85%

21.11%


Debt29.64%

Equity63.64%

MM & Others6.71%


Gilt4.92%

AAA85.38%

AA1.13%

AA+8.57%




MM & Others 6.71%

Total 100.00%

10.40%Computer software



1.07%

42.76%

30.85%

21.11%

4.21%


Debt29.64%

Equity63.64%

MM & Others6.71%


Gilt4.92%

AAA85.38%

AA1.13%

AA+8.57%


19


Pen Growth Benchmark

`

10.40%

9.98%

8.99%

6.65%

6.24%

5.43%

4.15%

Computer software

Banking Services


Refinery



Steel



1.07%

42.76%

30.85%

21.11%

4.21%


Debt29.64%

Equity63.64%

MM & Others6.71%


Gilt4.92%

AAA85.38%

AA1.13%

AA+8.57%


10

11

12

13

14

15

16

17

18

19

NAV/U

NIT (Rs)


Pen Growth Benchmark10.40%

9.98%

8.99%

6.65%

6.24%

5.43%

4.15%

3.87%

3.39%

3.32%

Computer software

Banking Services


Refinery



Steel


Tobacco products




1.07%

42.76%

30.85%

21.11%

4.21%


Debt29.64%

Equity63.64%

MM & Others6.71%


Gilt4.92%

AAA85.38%

AA1.13%

AA+8.57%


10

11

12

13

14

15

16

17

18

19

Mar‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Growth Benchmark


Date of Inception :

March 31, 2009

Portfolio % to AUM

`


Infosys Ltd 2.75% 0% 60% 26.73%


ITC Ltd. 2.30%




Housing Development Finance Corporation Ltd. 1.43%Dr. Reddys Laboratories Ltd. 1.09%Hindalco Industries Ltd. 1.06%


Debt 65.00%

Gilts & SDL 5.58%

GOI 4.56%SDL (with < 1% exposure) 1.02%

Corporate Bonds 59.42%Reliance Capital Limited 5.25%LIC Housing Finance Ltd 5.11%Housing Development Finance Corporation Ltd. 5.09%

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


Actual

INDIVIDUAL PENSION FUND BALANCED - JULY, 2011

Benchmark :



Equity

Debt65.00%

Equity26.73%

MM & Others8.26%


Gilt8.59%AA

2 12%

AA+10.58%


g p p %Indian Oil Corporation Ltd 5.01%Power Grid Corporation of India Limited 4.41%Aditya Birla Nuvo Limited 3.83%ACC Limited 3.54%







TATA Sons 1.72%




MRF Ltd. 1.04%


MM & Others 8.26%

Total 100.00%

`

11.63%

9.32%

7.29%

6.07%

5.25%

5.11%

4.52%

4.48%


Refinery


Computer software


Steel


Diversified

Top 10 Industry Exposure ( % to AUM) < 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years

0.61%

47.54%

24.57%22.44%

4.84%


Debt65.00%

Equity26.73%

MM & Others8.26%


Gilt8.59%

AAA78.72%

AA2.12%

AA+10.58%


11

12

13

14

15

NAV/U

NIT (Rs)


Pen Balance Benchmark

11.63%

9.32%

7.29%

6.07%

5.25%

5.11%

4.52%

4.48%

4.47%

4.23%


Refinery


Computer software


Steel


Diversified

Cement


Top 10 Industry Exposure ( % to AUM) < 1 year 1‐3 years 3‐5 years 5‐10 years > 10 years

0.61%

47.54%

24.57%22.44%

4.84%


Debt65.00%

Equity26.73%

MM & Others8.26%


Gilt8.59%

AAA78.72%

AA2.12%

AA+10.58%


10

11

12

13

14

15

Mar‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Balance Benchmark


Date of Inception :

March 31, 2009

Portfolio % to AUM

`


Gilts & SDL 13.75% 80% 100% 92.70%

GOI 7.79% 0% 20% 7.30%

SDL ‐ AP 2.32%


SDL ‐ Kerala 1.57%











MRF Ltd. 3.44%

Power Finance Corporation Limited 3 38%

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


Actual

INDIVIDUAL PENSION FUND BOND - JULY, 2011

Benchmark :



Debt

Debt92.70%

MM & Others7.30%


Gilt14 83%

AA+12.58%



ACC Limited 3.34%


TATA Sons 2.95%

IDFC 2.82%






National Bank For Agriculture And Rural Development 1.21%



MM & Others 7.30%

Total 100.00%

`

11.05%

8.70%

7.86%

7.54%

6.88%

5.93%

5.56%

5.23%


Steel



Refinery



Diversified


< 1 year 1‐3 years 3‐5 years 5‐10 years

0.36%

36.88%

18.00%

44.76%


Debt92.70%

MM & Others7.30%


Gilt14.83%

AAA70.49%

AA2.09%

AA+12.58%


10.0

10.2

10.4

10.6

10.8

11.0

11.2

11.4

NAV/U

NIT (Rs)


Pen Bond Benchmark

11.05%

8.70%

7.86%

7.54%

6.88%

5.93%

5.56%

5.23%

3.95%

3.44%


Steel



Refinery



Diversified


Tyres and Tubes


< 1 year 1‐3 years 3‐5 years 5‐10 years

0.36%

36.88%

18.00%

44.76%


Debt92.70%

MM & Others7.30%


Gilt14.83%

AAA70.49%

AA2.09%

AA+12.58%


9.8

10.0

10.2

10.4

10.6

10.8

11.0

11.2

11.4

Mar‐09

May‐09

Jun‐09

Jul‐09

Aug‐09

Sep‐09

Oct‐09

Nov‐09

Dec‐09

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Bond Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`



Tata Consultancy Services Limited 5.04% 0% 20% 14.52%

ITC Ltd. 4.18%




Infosys Ltd 3.90%

HDFC Bank Ltd 3.52%












Mahindra & Mahindra Ltd 2 04%

APEX EQUITY FUND - JULY, 2011

To tap growth opportunities for long term capital appreciation through investments primarily in equity and

equity‐related instruments.


Asset Mix

Particulars

Equity

MM & Others

Benchmark :



Equity85.48%

MM & Others14.52%










Tata Power Co. Ltd. 1.07%


Cadila Healthcare Limited 1.04%



MM & Others 14.52%

Total 100.00%

`

13.97%

11.30%

8.29%

7.03%

6.14%

4.18%

3.41%

2.79%

2 78%

Banking Services

Computer software



Refinery

Tobacco products



C d il & t l


Equity85.48%

MM & Others14.52%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

12.5

13.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Apex Equity Benchmark

13.97%

11.30%

8.29%

7.03%

6.14%

4.18%

3.41%

2.79%

2.78%

2.53%

Banking Services

Computer software



Refinery

Tobacco products



Crude oil & natural gas



Equity85.48%

MM & Others14.52%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

12.5

13.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Apex Equity Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`






ITC Ltd. 2.81%



Infosys Ltd 2.52%


HDFC Bank Ltd 2.34%












APEX GROWTH FUND - JULY, 2011

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.


Asset Mix

Particulars

Equity

Debt, MM & Others

Benchmark :



Debt26.26%

Equity62.74%

MM & Others11.00%


Gilt19.67%

AA+2.75%






Debt 26.26%

Gilts & SDL 5.17%

GOI 5.13%


Corporate Bonds 21.09%Housing Development Finance Corporation Ltd. 6.57%Power Finance Corporation Limited 1.89%Reliance Gas Transportation Infrastucture Limited 1.73%MRF Ltd. 1.41%National Housing Bank 1.19%Reliance Industries Ltd 1.12%Reliance Ports & Terminals Ltd. 1.08%LIC Housing Finance Ltd 1.04%Others (with < 1% exposure) 5.06%

MM & Others 11.00%

Total 100.00%

`

10.51%

10.12%

7.80%

6.54%

5.62%

5.40%

4.49%

2.81%

2 79%

Banking Services


Computer software



Refinery


Tobacco products


Top 10 Industry Exposure ( % to AUM)1‐3 years 3‐5 years 5‐10 years > 10 years

52.97%

7.24%

22.96%

16.84%


Debt26.26%

Equity62.74%

MM & Others11.00%


Gilt19.67%

AAA77.58%

AA+2.75%


9 0

9.5

10.0

10.5

11.0

11.5

12.0

NAV/U

NIT (Rs)


Apex Growth Benchmark

10.51%

10.12%

7.80%

6.54%

5.62%

5.40%

4.49%

2.81%

2.79%

2.56%

Banking Services


Computer software



Refinery


Tobacco products



Top 10 Industry Exposure ( % to AUM)1‐3 years 3‐5 years 5‐10 years > 10 years

52.97%

7.24%

22.96%

16.84%


Debt26.26%

Equity62.74%

MM & Others11.00%


Gilt19.67%

AAA77.58%

AA+2.75%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Apex Growth Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`



Infosys Ltd 2.53% 35% 65% 56.68%


ITC Ltd. 2.29%



HDFC Bank Ltd 1.84%Housing Development Finance Corporation Ltd. 1.77%Oil & Natural Gas Corpn Ltd 1.70%




Bajaj Auto Limited 1.41%Hindustan Unilever Limited 1.35%



ICICI Bank Ltd 1.01%Others (with < 1% exposure) 13.02%

Debt 40.94%

Gilts & SDL 7.70%

GOI 6.84%

SDL (with < 1% exposure) 0 87%

APEX BALANCED FUND - JULY, 2011


Asset Mix

Particulars

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 :



Debt40.94%

Equity43.32%

MM & Others15.74%

Asset Allocation( % to AUM)

Gilt18 81%

AA+2.04%




Housing Development Finance Corporation Ltd. 6.85%LIC Housing Finance Ltd 3.76%

UltraTech Cement Limited 3.59%



TATA Sons 2.01%Larsen & Toubro Limited 1.86%Reliance Ports & Terminals Ltd. 1.61%MRF Ltd. 1.26%National Housing Bank 1.24%ACC Limited 1.12%Others (with < 1% exposure) 4.10%

MM & Others 15.74%

Total 100.00%

`

12.38%

6.92%

6.48%

5.51%

5.50%

5.09%

4.40%

3.86%


Banking Services

Computer software

Cement







1.85%

55.49%

10.67%

23.90%

8.09%


Debt40.94%

Equity43.32%

MM & Others15.74%


Gilt18.81%

AAA79.15%

AA+2.04%


9.5

10

10.5

11

11.5

12

NAV/U

NIT (Rs)


Apex Balanced Benchmark

12.38%

6.92%

6.48%

5.51%

5.50%

5.09%

4.40%

3.86%

3.68%

2.29%


Banking Services

Computer software

Cement





Refinery

Tobacco products



1.85%

55.49%

10.67%

23.90%

8.09%


Debt40.94%

Equity43.32%

MM & Others15.74%


Gilt18.81%

AAA79.15%

AA+2.04%


9

9.5

10

10.5

11

11.5

12

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Apex Balanced Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`


Gilts & SDL 32.73% 80% 100% 84.82%

GOI 29.81% 0% 20% 15.18%

State Govt ‐ Maharashtra 1.09%





TATA Sons 5.06%





UltraTech Cement Limited 3.20%

MRF Ltd. 2.38%

Power Finance Corporation Limited 2 37%

APEX BOND FUND - JULY, 2011




Asset Mix

DEBT

MM & Others

Particulars

Benchmark :



Debt84.82%

MM & Others15.18%


AA+Debt Rating Profile (% of Debt)


IDFC 2.34%




MM & Others 15.18%

Total 100.00%

`

13.32%

10.56%

5.53%

5.06%

4.45%

3.84%

3.40%

2.38%

1.35%



Refinery

Securities investment services

Steel

Cement


Tyres and Tubes

Diversified


1‐3 years 3‐5 years 5‐10 years > 10 years

29.63%

11.59%

31.66%

27.12%


Debt84.82%

MM & Others15.18%


Gilt38.58%

AAA57.02%

AA+4.40%


9.8

10.0

10.2

10.4

10.6

10.8

11.0

NAV/U

NIT (R

s)


Apex Bond Benchmark

13.32%

10.56%

5.53%

5.06%

4.45%

3.84%

3.40%

2.38%

1.35%

1.30%



Refinery


Steel

Cement


Tyres and Tubes

Diversified

Healthcare



29.63%

11.59%

31.66%

27.12%


Debt84.82%

MM & Others15.18%


Gilt38.58%

AAA57.02%

AA+4.40%


9.8

10.0

10.2

10.4

10.6

10.8

11.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Apex Bond Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`







ITC Ltd. 4.02%

Infosys Ltd 3.56%

HDFC Bank Ltd 3.36%













Adi Bi l N Li i d 1 81%

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


Actual

INDIVIDUAL PENSION FUND APEX EQUITY - JULY, 2011

Benchmark :



Equity

Equity87.90%

MM & Others12.10%







Glenmark Pharmaceuticals Ltd. 1.61%







Cipla Ltd. 1.02%


MM & Others 12.10%

Total 100.00%

`

14.05%

11.78%

7.88%

6.25%

6.00%

4.18%

4.02%

3.20%

Banking Services

Computer software


Refinery



Tobacco products



Equity87.90%

MM & Others12.10%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

12.5

13.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Pen Apex Equity Benchmark

14.05%

11.78%

7.88%

6.25%

6.00%

4.18%

4.02%

3.20%

2.85%

2.80%

Banking Services

Computer software


Refinery



Tobacco products





Equity87.90%

MM & Others12.10%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

12.5

13.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Pen Apex Equity Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`



ITC Ltd. 3.76% 15% 45% 37.08%



Infosys Ltd 2.97%








HDFC Bank Ltd 1.90%










Dr Reddys Laboratories Ltd 1 24%

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


Actual

INDIVIDUAL PENSION FUND APEX GROWTH - JULY, 2011

Benchmark :



Equity

Debt29.82%

Equity62.92%

MM & Others7.26%


Gilt18.03%

AA+6.34%








Kotak Mahindra Bank Limited 1.06%


Debt 29.82%

Gilts & SDL 5.38%

GOI 4.79%SDL (with < 1% exposure) 0.59%

Corporate Bonds 24.44%Power Finance Corporation Limited 5.07%


Reliance Ports & Terminals Ltd. 1.99%Dr. Reddy's Laboratories Ltd. 1.89%LIC Housing Finance Ltd 1.82%National Housing Bank 1.33%


TATA Sons 1.17%Others (with < 1% exposure) 5.87%

MM & Others 7.26%

Total 100.00%

`

10.32%

9.44%

8.86%

7.70%

7.39%

5.30%

4.95%

Banking Services

Computer software





Refinery



1.88%

35.07%

22.46%27.05%

13.53%


Debt29.82%

Equity62.92%

MM & Others7.26%


Gilt18.03%

AAA75.63%

AA+6.34%


9.5

10.0

10.5

11.0

11.5

12.0

NAV/U

NIT (Rs)


Pen Apex Growth Benchmark10.32%

9.44%

8.86%

7.70%

7.39%

5.30%

4.95%

3.76%

3.19%

2.38%

Banking Services

Computer software





Refinery

Tobacco products


Aluminium & aluminium products



1.88%

35.07%

22.46%27.05%

13.53%


Debt29.82%

Equity62.92%

MM & Others7.26%


Gilt18.03%

AAA75.63%

AA+6.34%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Apex Growth Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`



Infosys Ltd 2.69% 35% 65% 52.91%



HDFC Bank Ltd 2.13%


Mahindra & Mahindra Ltd. 1.92%Housing Development Finance Corporation Ltd. 1.87%Tata Consultancy Services Limited 1.84%



ITC Ltd. 1.47%

Godrej Consumer Products Limited 1.45%Hindalco Industries Ltd. 1.42%

ICICI Bank Ltd 1.40%Ranbaxy Laboratories Ltd 1.19%




Cipla Ltd. 1.02%


Debt 48.38%Gilts & SDL 11.85%

Debt, MM & Others



Asset Mix


Actual

INDIVIDUAL PENSION FUND APEX BALANCED - JULY, 2011

Benchmark :



Equity

Debt48.38%

Equity47.09%

MM & Others4.53%


Gilt24.49%

AA+5.79%


Gilts & SDL 11.85%GOI 9.21%SDL ‐ Gujarat 1.99%SDL ‐ Other States (with < 1% exposure) 0.65%









TATA Sons 2.06%



Rural Electrification Corporation Limited 1.14%




MM & Others 4.53%

Total 100.00%

`

10.16%

8.24%

8.11%

7.61%

7.58%

6.99%

5.13%

3.36%



Banking Services


Computer software

Refinery


Diversified



32.64%

17.13%

38.57%

11.67%


Debt48.38%

Equity47.09%

MM & Others4.53%


Gilt24.49%

AAA69.73%

AA+5.79%


9 0

9.5

10.0

10.5

11.0

11.5

12.0

NAV/U

NIT (Rs)


Pen Apex Balanced Benchmark10.16%

8.24%

8.11%

7.61%

7.58%

6.99%

5.13%

3.36%

2.41%

2.20%



Banking Services


Computer software

Refinery


Diversified


Shipping transport infrastructure services



32.64%

17.13%

38.57%

11.67%


Debt48.38%

Equity47.09%

MM & Others4.53%


Gilt24.49%

AAA69.73%

AA+5.79%


9.0

9.5

10.0

10.5

11.0

11.5

12.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (Rs)


Pen Apex Balanced Benchmark


Date of Inception :

January 20, 2010

Portfolio % to AUM

`


Gilts & SDL 31.94% 80% 100% 90.12%

GOI 19.96% 0% 20% 9.88%


State Govt ‐ Maharashtra 4.58%

SDL ‐ AP 1.61%






IDFC 6.04%

TATA Sons 4.05%

MRF Ltd. 3.34%



Aditya Birla Nuvo Limited 2 53%

MM & Others



Asset Mix


Actual

INDIVIDUAL PENSION FUND APEX BOND -JULY, 2011

Benchmark :



DEBT

Debt90.12%

MM & Others9.88%


AA+6.51%



Rural Electrification Corporation Limited 2.20%

ACC Limited 1.89%





MM & Others 9.88%

Total 100.00%

`

18.28%

9.81%

7.03%

5.64%

4.05%

3.34%

2.73%

2.53%

1.89%




Refinery


Tyres and Tubes


Diversified

Cement



26.99%22.34%

44.06%

6.62%


Debt90.12%

MM & Others9.88%


Gilt35.45%

AAA58.04%

AA+6.51%


9 9

10.0

10.1

10.2

10.3

10.4

10.5

10.6

10.7

10.8

10.9

11.0

NAV/U

NIT (R

s)


Pen Apex Bond Benchmark

18.28%

9.81%

7.03%

5.64%

4.05%

3.34%

2.73%

2.53%

1.89%

1.83%




Refinery


Tyres and Tubes


Diversified

Cement

Healthcare



26.99%22.34%

44.06%

6.62%


Debt90.12%

MM & Others9.88%


Gilt35.45%

AAA58.04%

AA+6.51%


9.8

9.9

10.0

10.1

10.2

10.3

10.4

10.5

10.6

10.7

10.8

10.9

11.0

Jan‐10

Feb‐10

Mar‐10

Apr‐10

May‐10

Jun‐10

Jul‐10

Aug‐10

Sep‐10

Oct‐10

Nov‐10

Dec‐10

Jan‐11

Feb‐11

Mar‐11

Apr‐11

May‐11

Jun‐11

Jul‐11

NAV/U

NIT (R

s)


Pen Apex Bond Benchmark


Date of Inception :

April 29, 2011

Portfolio % to AUM

`


Bharti Airtel Limited 2.77% 0% 60% 30.20%

ICICI Bank Ltd 2.63% 40% 100% 69.80%



HDFC Bank Ltd 2.47%






Cadila Healthcare Limited 1.66%




Debt 23.46%

Gilts & SDL 4.90%

GOI 4 90%

EXPRESS BALANCED FUND - JULY, 2011



Asset Mix

Benchmark :




Actual

Equity

Debt, MM & Others

Debt23.46%

Equity30.20%

MM & Others46.34%


GiltDebt Rating Profile (% of Debt)GOI 4.90%


TATA Sons 5.15%





MM & Others 46.34%

Total 100.00%

`

10.21%

5.63%

5.37%

5.15%

4.75%

4.62%

2.82%

2.77%

2.68%


Banking Services

Computer software


Healthcare




Shipping transport f



43.54%

21.93%

2.21%

32.31%


Debt23.46%

Equity30.20%

MM & Others46.34%


Gilt20.90%

AAA79.10%


9.6

9.7

9.8

9.9

10.0

10.1

10.2

10.3

10.4

NAV/U

NIT (R

s)


Express Balanced Fund Benchmark

10.21%

5.63%

5.37%

5.15%

4.75%

4.62%

2.82%

2.77%

2.68%

2.61%


Banking Services

Computer software


Healthcare




Shipping transport infrastructure services




43.54%

21.93%

2.21%

32.31%


Debt23.46%

Equity30.20%

MM & Others46.34%


Gilt20.90%

AAA79.10%


9.5

9.6

9.7

9.8

9.9

10.0

10.1

10.2

10.3

10.4

NAV/U

NIT (R

s)


Express Balanced 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”.

InveSTAR - SUD Life › Pdf Attachment › InveSTAR Fact Sheet July 2… · Q1'FY 12 Q1'FY 11 YoY...

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Transcript of InveSTAR - SUD Life › Pdf Attachment › InveSTAR Fact Sheet July 2… · Q1'FY 12 Q1'FY 11 YoY...