Annual Fund Review 2013-2014

Contents
•
Exide Life Insurance Fact Sheet
•
Exide Life Insurance Investment Philosophy
•
Market Review & Outlook for Markets
•
Risk-Return Profile of Funds
11
•
Fund Fact Sheet - Exide Life Debt Fund
12
•
Fund Fact Sheet - Exide Life Secure Fund
13-14
•
Fund Fact Sheet - Exide Life Balance Fund
15-16
•
Fund Fact Sheet - Exide Life Growth Fund
17-18
•
Fund Fact Sheet - Exide Life Guaranteed Growth Fund
19-20
•
Fund Fact Sheet - Exide Life Equity Fund
21-22
•
Fund Fact Sheet - Exide Life Guaranteed NAV Fund
23-24
•
Fund Fact Sheet - Exide Life Active Asset Allocation Fund
25-26
•
Fund Fact Sheet - Exide Life Prime Equity Fund
27-28
•
Fund Fact Sheet - Exide Life Preserver Fund
29-30
•
Fund Fact Sheet - Exide Life Pension Prime Equity Fund
31-32
•
Fund Fact Sheet - Exide Life Pension Preserver Fund
33-34
•
Fund Fact Sheet - Exide Life Pension Liquid Fund
35
•
Fund Fact Sheet - Exide Life Pension Debt Fund
36
•
Fund Fact Sheet - Exide Life Pension Equity Fund
•
Glossary
Annual Fund Review 02
3-4
5
7-10
37-38
39
Serving over 10 lakh customers
in over 200 cities in India
About Exide Life Insurance
• Commenced operations in September 2001
• 100% owned by Exide Industries Limited
• Proud to be part of a 100 year old brand heritage
in India
• Well capitalized and governed as per rules
stipulated by the Insurance Regulatory and
Development Authority, Government of India
• One of the leading life insurance companies in
South India, now growing its franchise in other
parts of the country
About Exide Industries
• India’s largest manufacturer of electric storage
batteries and its biggest power-storage solutions
provider with a market capitalization of over
`10,000 crores (as on 31st March, 2014)
• Since its introduction in India more than a hundred
years ago, Exide remains the foremost and the
most trusted battery brand in India
• Backed-up by a robust nation-wide network of
18,000+ dealers
(As on 31st March 2014)
Strong network
Key statistics
• 35,000+ Exide Life Insurance Advisors
• Total Premium Income `1,831 crores
• Bancassurance partnership with ING Vysya Bank
across 500+ bank branches
• Assets Under Management (AUM) `7,491 crores
• Solvency Ratio 239%
• Alliances with Regional Co-operative Banks,
Corporate Agents, Brokers & Referral Partners
AUM
h in
growt
.
% p.a
9
: 22.0
CAGR
6,601
7,491
6,261
5,898
2,761
2008-09
4,780
2009-10
2010-11 2011-12 2012-13
2013-14
(in ` crores)
Prepare well
with Exide Life
Insurance
Choose from our
wide range of life
insurance solutions
Prepare well for the golden years of your life
RETIREMENT
& PENSION
SAVINGS &
INVESTMENTS
PROTECTION
Annual Fund Review 03
Meet your key life stage goals
Build your family's financial foundation
Serving over 10 lakh customers
in over 200 cities in India
WE CARE
Fair value to
our customers
Great assurance for
our customers
By delivering Consistent Bonus Track Record*
Exide Life Insurance is accredited with multiple
awards and certifications for its customer service.
7.50%
7.50%
Exide Life
Exide Life
New Fulﬁlling Life Powering Life
9.62%
Exide Life
New Best Years
*Average payout in the last 5 years
Certified with the prestigious ISO 9001:2008 for
its customer service operations including claims
Winner at the 6th Loyalty Awards 2013 in
recognition of its efforts in building a customer
centric organization
and many more...
Our premium payment collection network
ONLINE PAYMENT
Pay using Net Banking /
Debit / Credit Card
visit exidelife.in
CASH# ONLY CENTRES
South Indian Bank / Suvidha Centres
CHEQUE / CASH#
Exide Life Insurance Branch /
ING Vysya Bank Branch /
AXIS Bank Branch /
Bangalore One Centres /
Karnataka One Centres
ELECTRONIC CLEARING SERVICE (ECS) /
STANDING INSTRUCTIONS (SI)
Sign up today for direct debit of your premium from
your bank account
Standing Instructions available with ING Vysya Bank /
Allahabad Bank / AXIS Bank / Bank of Baroda / Bank
of India / Citibank / Corporation Bank / Federal Bank /
ICICI Bank / IDBI Bank / Kotak Mahindra Bank /
Karnataka Bank / State Bank of India /
Union Bank of India & United Bank of India
Track your policy
using
Call
1800 419 8228 (Toll Free)
+91 80 4134 5444
Email
[email protected]
• Pay renewal premiums
• View policy summary
Visit
exidelife.in
• Switch funds online
• Print tax certificate
and more
Visit exidelife.in and register today !
Insurance is the subject matter of the solicitation. Exide Life New Fulfilling Anticipated Whole Life Plan UIN: 114N024V01; Exide Life Powering Life UIN: 114N010V01. Exide Life New Best
Years UIN: 114N040V01. Past performance is not an indication of future performance. Bonus for future years is not guaranteed & may vary depending on the fund performance. For more details
on risk factors, terms and conditions, please read the sales brochure of the mentioned product carefully before concluding the sale. #All cash payment of INR 50,000/- and above should be
accompanied with a copy of policy owner PAN card.Exide Life Insurance Company Limited (Formerly known as ING Vysya Life Insurance Company Limited). IRDA Registration No.
114, CIN: U66010KA2000PLC028273, Registered and Corporate Office: ING Vysya House, 5th Floor, 22, M.G. Road, Bangalore-560 001, India. Toll Free: 1800 419 8228; Visit: exidelife.in,
URN:EXL/COLL/2014/210
Beware of spurious phone calls and fictitious/ fraudulent offers. IRDA clarifies to public that • IRDA or its officials do not involve in activities like sale of any kind of insurance or
financial products nor invest premiums. • IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with the details of
phone call number.
Exide Life Insurance Investment Philosophy
Our policyholders are investing their monies with us, with specific objectives of protection and longer-term
investment returns. Two of the basic expectations of our customers are thus, Safety and Returns, and we need
to balance both these expectations in terms of the asset-allocation, underlying investments, and subsequent
monitoring. These customer expectations are an important consideration in our investment management
philosophy and strategy.
The underlying investment philosophy is to ensure safety and deliver consistent, stable returns over the longerterm, for a given level of risk. This is achieved with a well-defined and disciplined investment process. There is
an emphasis on compliance and robust risk-management in the investment process, both pre-investment and
post-investment. As a company and as an investment team, we focus on the long-term.”
Investment Team Profile
Shyamsunder Bhat, Chief Investment Officer(CIO), joined Exide Life Insurance (Formerly ING Vysya Life
Insurance Company Limited) in September 2010, to head the Equity Investments area. He has an
experience of 20 years in fund management. Prior to joining Exide Life
Insurance, Shyam has worked with two mutual fund companies - initially as a
part of the start-up team at Tata Asset Management Ltd. for 10 years (19942004) and later at Principal PNB Asset Management, where he then worked
for more than 6 years. He is an Electrical Engineer from VJTI (Mumbai) and a
post-graduate in Management (M.M.S. Finance) from Narsee Monjee Institute
of Management Studies.
SHYAMSUNDER BHAT
Chief Investment Officer(CIO)
Shobit Gupta, Vice President (Investments), Fixed Income, has over 17 years of experience in Fixed
Income and Foreign Exchange market. He has worked extensively in the field of Foreign exchange and
Interest Rate derivatives at ABN AMRO bank and has handled. Fixed Income
portfolios at Asset management companies like Kotak Mahindra Mutual fund,
ING Asset Management Co Ltd., and Principal Asset Management Co. Ltd. He
has done his graduation in Economics, Maths and Statistics and has qualified
CFA - Hyderabad and CFA - USA.
SHOBIT GUPTA
Vice President (Investments)
Annual Fund Review 05
Risk Control
Risk management is an integral part of our investment process. The company has well-defined risk policies and processes covering both
portfolio and process risk. Further, the company has systems and software in place to monitor compliance of Regulations and
Investments norms on a daily basis.
The operating policy for each asset class defines the framework within which the investments are made in specific funds. All our current
equity investments are in securities within the BSE-500 index, and predominantly from within the BSE-200 index. The portfolio is welldiversified across companies and industries as a risk-mitigation measure. The debt portfolio of the company is mostly invested in assets
of the highest credit quality i.e. Government of India securities, and AAA-rated securities issued by blue-chip companies, and finally, a
small exposure to AA-rated securities. The key risk management policy adopted is maintaining high standards of credit quality of the
portfolio and maintaining optimum duration depending on the market outlook.
The exposure to stocks and duration of bonds changes over time based on an in-depth analysis of the factors affecting these markets.
Finally, a reasonable level of liquidity is maintained within the respective funds so as to enable smooth redemption process on account of
switches or claims, in line with the liquidity norms prescribed in our investment policy.
Annual Fund Review 06
Indian and global economy : review and outlook
The Indian GDP growth continued to remain below 5% in 2013-14 for the second consecutive year. Real GDP growth in Q3 FY14 stood at
4.7% as against 4.8% growth seen in Q2 FY14 and 4.4% in Q1 FY14. The interim Budget slated FY14 fiscal deficit at 4.6% of GDP as
against a budgeted number of 4.8%, consequently the FY15 fiscal deficit was budgeted at 4.1% of GDP as against 4.2% indicated in the
fiscal consolidation roadmap.
Global GDP growth continued to decelerate for the third year in 2013-14 to just over 2%, but is now expected to accelerate over the next
2 years. The US Fed has been reducing its monthly asset buying during the second half of the financial year, from USD 85bn, in steps of
USD 10 bn per month, and the Quantitative Easing program is likely to end by Oct – Dec 2014. US jobless rate has been reducing, which is
aiding the decision. Japan has been expanding its stimulus; China's economy has been expanding at the slowest pace in the past 2
decades.
On an annual basis, there was no growth in Industrial Production in India, with the IIP growth being (-)0.1%. Wholesale Price Inflation
fell in the initial part of the year to 4.6%, before rising to 7.5% by November and cooling off to 6% by March 2014. Consumer Price
Inflation remained high in the 9.3-9.9% zone in the intial part of the year, before rising further to 11.2% by November and cooling off to
8.3% by March 2014.
The Indian Rupee weakened from Rs 54-55 zone in April to Rs 64 in September before recovering to Rs 61 in March 2014. The adverse
movement in the currency was driven by a high current account deficit, strengthening of the US dollar against most currencies, foreign
fund selling of Govt debt, etc. The subsequent recovery and stabilization of the currency was achieved post strict curbs on gold imports,
RBI's incentives for NRI remittances, rising exports and a subsequent reduction in the current account deficit. The moderation of the
current account deficit from USD 21.8 bbn in Q1 to USD 5.2 bn in Q2 and USD 4.1 bn in Q3 was a relief. India's forex reserves recovered by
almost 7% from lows of $275bn in Sep 2013 to $295bn by end Dec 2013.
There are fears of the El-Nino effect, which could adversely impact the latter half of this year's monsoon and could thereby impact
agriculture growth and food inflation. However there are expectations that the industrial growth and capex cycle could get a kickstart
post the formation of the new Government at the Centre. The GDP growth is therefore likely to be in a recovery mode inspite of a possible
setback on the agricultural growth.
Macro-economic Indicators:
The Macro Economic Indicators for the last 12 months are shown in the table below.
Latest
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
(17.7)
(19.4)
(11.6)
(12.6)
(10.8)
(6.4)
(10.8)
(9.7)
(10.3)
(9.5)
(8.2)
(10.5)
24.4
24.9
24.0
25.8
26.4
28.1
27.5
24.1
26.4
26.8
25.3
29.1
Trade Balance (US$billion)
Exports (US$billion)
Exports (YoY)
Feb-14 Mar-14
2.4
0.4
(3.8)
11.8
13.9
12.9
14.3
3.6
3.7
4.0
(5.1)
(4.8)
Imports (US$billion)
42.0
44.3
35.6
38.4
37.2
34.5
38.3
33.8
36.7
36.3
33.5
39.5
mports (YoY)
10.1
5.0
(1.6)
(5.3)
(0.4)
(17.9)
(13.4
)(16.5)
(14.8)
(18.9)
(17.9)
(3.4)
2,322
1,631
1,444
1,657
1,408
4,132
1,227
1,638
1,101
2,189
2,017
3,533
294
288
283
278
275
277
282
291
294
291
294
304
1,780
4,292
(7,130)
(3,097)
(2,325)
734
832
346
3,390
2,009
2,975
5,261
Foreign Direct Investment
(US$million)
Foreign Exchange Reserves
(US$billion)
Net FII Flows
(US$million)
Rs/US$1 (period average)
54.4
55.1
58.4
59.7
63.0
63.8
61.6
62.6
61.8
62.1
62.2
61.0
M1 (YoY)
8.7
9.8
9.0
9.6
8.3
9.3
11.2
9.1
9.4
11.1
9.6
9.1
M3 (YOY)
12.9
13.6
12.7
12.4
12.0
12.9
13.5
14.3
14.2
14.2
14.5
13.3
Bank Loans
(Non-food credit, YOY)
14.0
14.9
13.4
14.8
17.0
18.2
17.0
14.7
14.8
15.0
14.7
14.3
Deposit Growth Rate (YoY)
12.8
14.2
13.5
13.1
12.6
11.5
14.3
15.6
15.5
16.2
16.6
14.2
Base Rate
10.1
10.1
10.1
10.0
10.1
10.1
10.1
10.2
10.2
10.2
10.2
10.2
Annual Fund Review 07
Indian and global economy : review and outlook
The Macro Economic Indicators for last 12 months is shown in the table below.
Latest
Apr-13
May-13
Jun-13
Jul-13
SBI 1 year Deposit Rate
8.8
8.8
8.8
8.8
364 day T-Bill Yield
7.6
7.3
7.3
8.4
91 day T-Bill Yield
7.7
7.4
7.4
8.6
10 yr Government Bond Yield
7.8
7.4
7.3
Industrial Production
1.5
(2.5)
(1.9)
Manufacturing (% YOY)
1.8
(3.2)
Consumer Goods
1.7
(6.6)
Basic Goods
1.4
(0.3
Nov-13
Dec-13
Jan-14
9.0
9.0
9.0
9.0
9.0
9.0
8.7
8.8
8.7
8.7
9.0
8.8
10.3
8.9
8.8
8.6
8.7
9.0
8.8
8.5
8.6
8.6
8.9
8.8
8.7
8.8
8.8
2.8
0.4
2.0
(1.2)
(1.3)
0.1
1.1
(1.8)
(0.5)
(1.7)
3.2
(0.2)
0.6
(1.3)
(2.6)
(1.1)
0.0
(3.6)(
1.2)
(1.5)
(0.6)
(0.9)
0.6
(5.0)
(8.9)
(4.6)
(0.5)
(4.1)
(2.1)
)(1.9)
1.5
1.1
5.4
(0.4)
2.7
3.0
2.8
4.1
4.5
(0.3)
(3.7)
(6.6)
15.6
(2.0)
(6.8)
2.5
0.1
(2.5)
(3.9)
(17.5)
(11.6)
Intermediate Goods
2.5
1.1
1.3
3.1
3.7
4.
1 2.7
3.7
5.2
4.3
3.7
1.6
Consumer Price Index (YoY)
9.4
9.3
9.9
9.6
9.5
9.8
10.2
11.2
9.9
8.8
8.0
8.3
Wholesale Price Index
(YoY - All commodities)
4.8
4.6
5.2
5.9
7.0
7.0
7.2
7.5
6.4
5.1
5.0
6.0
Capital Goods
Aug-13
Sep-13
Oct-13
8.8
8.8
10.0
9.4
10.9
7.8
Feb-14 Mar-14
Source: India Infoline
Equity markets review and outlook
The BSE Sensex rose 18.9% during the financial year 2013-14and touched a life-time high during March 2014. Broader indices, too, rose,
though to a smaller extent. Expectations of revival in domestic economy backed by improving macro-economic factors and increased
hopes of a strong and stable Government (post elections), and an anticipated kickstarting investment cycle led to a sharp uptick in
markets during the fiscal year FY14 with large and sustained buying from foreign institutions.
Foreign investors' appetite for emerging markets in general continues to be positive, and has benefited India during the financial year
2014. Net FII inflows were around $13bn during the financial year ending March 2014. RBI's effectiveness at stabilizing the rupee, too,
helped. Global data points have been on an improving trend, both in US and Euro zone. Redemption pressures on local institutions have
led to locals being net sellers for the past 12 months, partly negating a large part of the FII purchases.
We remain positive on the equity market with a medium-term perspective, mainly on the expectation of a stable Government at the
center and improving macroeconomic parameters. On micro side, we have seen instances where corporates are trying to deleverage
either through asset sales or through equity issuances (currently sporadic instances). Improvement in earnings cycle has already begun
largely through better costs control over last 2 quarters. All these may lead to a sustainable improvement in equity markets over the next
2 years. While there may be intermittent breathers post the sharp upmove, the overall direction is likely to remain positive until the
valuation premium (currently at historical averages of 14-15 forward earnings) become unsustainable.
Favourable positioning within other peer-group of emerging markets resulting in a continuation of FII inflows, macro fundamentals
bottoming out, an expected new and strong Govt at the centre, and an impetus to growth, are all likely to be positive drivers. A sticky
inflation and higher interest rates for a bit longer, a risk of an adverse impact on the monsoon and volatility during major events such as
the election results and the subsequent Budget, or during periods of geopolitical risks, need to be watched. While the Nifty is 5.5% above
all-time highs, the CNX Midcap Index is still 15% below its previous peaks in early 2008. Thus, we see selective opportunity in these better
managed mid-caps and will continue to remain invested selectively.
March
2014
1-Month
Change
3-Month
Change
6-Month
Change
1-Year
Change
22386.3
5.99%
5.74%
15.51%
18.85%
BSE 100
6707.3
7.56%
6.02%
17.19%
18.11%
Nifty
6704.2
6.81%
6.35%
16.89%
17.98%
CNX Midcap
8612.5
10.34%
6.70%
23.07%
16.36%
Indices
BSE Sensex
MSCI Europe #
113.8
-4.42%
-1.84%
4.30%
33.15%
MSCI World #
1673.9
-3.18%
-2.43%
3.65%
28.25%
MSCI Emerging Market #
994.7
-0.26%
-3.95%
-3.72%
5.88%
# Changes in the index value are based on INR.
Annual Fund Review 08
Indian and global economy : review and outlook
Performance of Debt Indices during the year is shown in
the graph below.
Debt Indices
9.5%
115
113
103
8.0%
101
99
7.5%
97
95
4
4
-1
-1
ar
M
14
n-
Fe
b
Ja
3
13
3
v1
cDe
No
13
ct
-1
pSe
Crisil Bond Index
O
3
gAu
13
l-1
-1
ar
M
13
7.0%
10 Yr Gsec Yield
The key debt market indicators are highlighted below :
Key Indicators
Indicator
Mar-08
Mar-09
Mar-10
Mar-11
Mar-12
Mar-13
Mar-14
Inflation
7.71%
1.65%
10.36%
9.68%
7.69%
5.65%
5.70%
9.16%
5.02%
5.47%
9.24%1
1.99%
8.98%
8.53%
MARKET INDICATORS
NSE MIBOR
91 Day Bill
7.31%
4.50%
4.33%
7.31%
9.02%
8.02%
8.83%
364 Day T Bill
7.44%
5.50%
5.12%
7.64%
8.40%
7.79%
8.78%
5 year G Sec
7.54%
6.76%
7.50%
7.95%
8.60%
7.96%
8.86%
10 year G Sec
7.96%
7.01%
7.83%
7.99%
8.54%
7.96%
8.80%
3 month CP P1+
10.50%
8.00%
6.00%
6.00%
10.75%
9.22%
9.65%
6 month CP P1+
10.25%
8.80%
6.50%
6.50%
10.63%
9.27%
9.50%
1 year CP P1+
10.00%
9.50%
7.25%
7.25%
10.88%
9.30%
9.50%
1 year AAA
9.90%
7.95%
6.70%
9.55%
9.86%
8.90%
9.20%
3 year AAA
9.45%
8.14%
7.90%
9.35%
9.67%
8.87%
9.35%
5 year AAA
9.45%
8.51%
8.50%
9.23%
9.55%
8.83%
9.52%
Note: All figures are as of year ending March
Annual Fund Review 09
(Yield)
8.5%
107
105
3
The deferment of a bond auction scheduled in mid-January citing
comfortable cash position with the Government resulted in an
improvement in sentiment, and there was also a USD 2 bn capital
inflow in the debt segment, brought some relief. A stable Rupee
and a lack of primary supply in G-Secs further helped the G-Sec
yield stabilize in the 8.7-8.9% zone in March.
9.0%
111
109
Ju
The CRISIL Composite Bond Index delivered a 4.2% return
during the financial year 2013-14, impacted adversely by the
upward movement in the 10-year G-Sec yields from 8% in March
2013 to 8.8% in March 2014. There was a considerable
movement in the yields in both directions during the financial
year. Initially the G-Sec yields cooled off from 8% to 7.5% in June
following a repo rate cut by the RBI. However, worsening macro
parameters, coupled with aggressive sales in Govt debt by
Foreign funds in June and July (USD 7.5 bn in these 2 months)
caused a spike in the G-sec yields from 7.5% to 8.4% in July
2013. The 10-year G Sec yields rose further to over 9% in
November.
3
Debt Market Review and Outlook
n-
-1
4
-1
4
Fe
b
M
ar
n14
Nifty
ay
-1
MSCI World
Ja
De
c13
ct
-1
3
p13
-1
3
MSCI Emerging Markets
No
v13
O
Se
l-1
3
Au
g
n13
CNX Midcap
Ju
M
ay
-1
3
Ju
Ap
r
-1
3
-1
3
70
Ju
80
M
90
13
110
100
r-
130
120
M
ar
Index Values (Rebased to 100)
140
Ap
Equity Indices
150
The markets expect a stable mandate at the Centre, which could
help the new Government to be able to assert changes in the
policy and make it more productive. Strong decisions around
credible fiscal compression that were difficult in a coalition can
potentially be made by the strong Govt at the Centre. Supply
side measures that can ease input cost inflation and improve
potential rate of growth can also help the disinflation process. If
these are forthcoming, the RBI may be able to take a back-seat
even as it carefully monitors whether the disinflation process
remains intact. While interest rates might not rise further from
here, they might remain sticky for a major part of the current
year, before easing subsequently. From a fixed income
perspective, we are in a process of policy adjustment that will
ultimately reduce the ills of the current economic cycle. Towards
the end of the process, India can finally see positive real rates as
inflation is controlled. This will provide a large incentive for bond
asset allocators who have thus far faced continually negative
real yields for a long time.
Index Values(Rebased to 100)
Performance of Equity Indices is shown in the
graph below.
Indian and global economy : review and outlook
Fund Performance : ULIP Funds:
Investments, over the longer-term, yield returns which vary depending upon the asset-mix of the particular category of Fund. Equity
funds have a higher risk-return profile while debt funds have a lower risk-return profile. Hybrid funds have a risk-return profile between
equity funds and debt funds, to a varying degree depending upon the extent of equity allocation. Some of our ULIPs have delivered
healthy returns over the past 5 years as shown below :
OUR ULIP FUNDS
with 5 years+ of history
EQUITY
ALLOCATION
5-YEAR ANNUALISED
RETURN (31/3/2014)
EQUITY FUND
90-100%
15.3
GROWTH FUND
40-60%
11.1
BALANCED FUND
20-40%
9.4
SECURE FUND
10-20%
8.4
0%
8.0
DEBT FUND
Two more hybrid ULIPs, Asset Allocation Fund and Market Shield Fund, are yet to complete 5 years. These Funds have delivered 11.4%
and 10.2% returns respectively, in the past year ending 31st March 2014.
Traditional Funds:
Our traditional funds have shown a strong investment performance over the years as reflected in attractive Bonus rates.
Product
2006
2007
2008
2009
2010
2011
2012
2013
New Fulfilling Plan
7.50%
7.50%
7.50%
6.00%
7.50%
7.50%
7.50%
7.50%
Powering Life
7.50%
7.50%
7.50%
6.75%
7.50%
7.50%
7.50%
7.50%
Best Years
8.21%
9.15%
12.46%
-
11.35%
8.71%
9.06%
9.34%
Annual Fund Review 10
Risk Return Profile of Funds
Exide Life Insurance offers a wide range of fund options catering to various risk-return appetite.You can invest either in
equity, or in debt or in hybrid fund and even change your investment strategy. You can choose from these funds depending
on your risk appetite, age, time horizon for important life stage goals like child education planning, retirement planning, etc.
The risk return chart below helps you choose the right fund for your investment needs.
Exide Life Equity
Pension Fund*
Exide Life Equity Fund*
High Risk
Risk
Exide Life
Growth
Fund
Exide Life Prime Equity
Pension Fund*
Exide Life Prime
Equity Fund
Exide
Life Active
Asset
Allocation
Fund
Exide Life
Guaranteed
NAV Fund*
Exide Life
Balance
Fund
Exide Life
Secure
Fund
Exide Life
Liquid
Pension*
Exide Life
Preserver Pension*
Exide Life Preserver
Fund
Exide Life Debt
Pension Fund*
Exide Life
Debt Fund*
Low Risk
Return
*Available for existing customers only subject to product terms and conditions
Annual Fund Review 11
Medium Risk
Exide Life Debt Fund
Portfolio Holdings
Fund Objective: The fund seeks to generate income
through an investment mix of high quality bonds and money
market instruments.
Rating
Sector
Government Securities
SOVEREIGN 8.12% Gsec 10-Dec-2020
Launch Date: November 2, 2004
%
10.10
"
8.24% GoI Sec 15-02-2027
Net Asset Value (NAV) as on 31st March 2014: `19.45
"
7.16% GSec 20-05-2023
5.72
Assets Under Management (AUM): `552mn
"
9.24% Maharashtra SDL 16-01-2024
5.10
"
7.28% Gsec 03-June-2019
3.89
"
9.53% Gujarat SDL 12-Feb-2024
3.64
"
8.20% Gsec 24-09-2025
2.11
"
8.30% GOI 02-07-2040
2.08
"
8.28% GOI 21-09-2027
1.94
Mar/14
Aug/13
Jan/13
Jun/12
Nov/11
Apr/11
Sep/10
Jul/09
Feb/10
Dec/08
Oct/07
May/08
Mar/07
Jan/06
Aug/06
Jun/05
21.00
20.50
20.00
19.50
19.00
18.50
18.00
17.50
17.00
16.50
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
Nov/04
Movement of NAV
"
8.53 % GSEC SDL(Assam)24-02-2020
1.30
"
8.19% GSEC 16-Jan-2020
1.28
"
8.83% GOI 12-Dec-2041
1.15
"
8.15% Gsec 11-06-2022
1.12
"
8.58 % GSEC SDL(Uttarkhand) 13-04-2020
0.43
"
8.26% GoI Sec 02-08-2027
0.25
"
7.53 % West Bangal SDL 15 09 2015
"
11.43% CGL 07-Aug-2015
Total
Rating
Fund Performance
Fund Return
One Year
Three Years
Five Years
Since inception
Benchmark*
4.27%
7.84%
7.95%
7.32%
4.34%
7.08%
6.34%
6.05%
10.40% Reliance Ports And Terminals Limited
7.52
AAA
9.80% LIC Housing Finance Ltd 09-Jan-2015
5.99
AAA
9.27 Power Finance Corporation Ltd
5.41
21-Aug-2017
AAA
9.25% Rural Electrification Corporation Ltd
4.86
27-08-2017
Asset Allocation
Others 5%
Corporate Debt 46%
Fixed income duration: 4.76
AAA
9.95% State Bank of India 16-Mar-2026
4.78
AAA
9.38 REC 06 NOV 2018
3.95
AAA
9.70% HDFC 07-06-2017
3.65
AAA
9.81 Power Finance Corporation 07-10-2018
2.19
AAA
9.70 EXIM Bank 21-NOV-2018
2.18
AAA
9.18% TATA SONS LTD 23-11-2020.
2.12
AAA
9.66% TATASONS 13-09-2017
0.91
AAA
9.55% HDFC 19-06-2017
0.91
AAA
9.20% HDFCL 08-10-2017.
0.90
AAA
9.50 % State Bank of India 2025.
0.53
AAA
9.47% PGCIL 31-03-2023.
0.22
AAA
8.90% PGC 25-02- 2017
Total
Others
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 12
%
18-07-2021
Returns are compounded annualised and net of charges.
Index is the Crisil Composite Bond Index.
Gsec 49%
Sector
0.22
0.07
48.76
Corporate Debt
AAA
Period
8.35
0.20
46.36
4.88
Exide Life Secure Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
moderate capital growth through an investment mix of upto
20% equity and the balance in high quality bonds and money
market instruments.
Launch Date: November 2, 2004
Equity Sector Allocation
%
Financial Services (Incl. Infrastructure Finance)
26.80
IT
15.54
Consumer Products
11.73
Oil & Gas
11.62
Net Asset Value (NAV) as on 31st March 2014: `20.79
Auto
7.79
Assets Under Management (AUM): `297mn
Industrial Manufacturing, Construction & Infra
5.66
Health Care
5.34
Metals & Mining
5.01
Movement of NAV
3.78
Power
3.00
Cement
1.90
Telecommunication
1.83
Mar/14
Aug/13
Jan/13
Jun/12
Apr/11
Nov/11
Sep/10
Jul/09
Feb/10
Dec/08
Oct/07
May/08
Mar/07
Jan/06
Aug/06
Jun/05
Portfolio Holdings
Nov/04
21.00
20.50
20.00
19.50
19.00
18.50
18.00
17.50
17.00
16.50
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
Miscellaneous
Fund Performance
Period
Fund Return
Benchmark*
5.85%
6.72%
8.38%
8.09%
6.39%
6.71%
8.17%
7.43%
One Year
Three Years
Five Years
Since inception
Returns are compounded annualised and net of charges.
*Benchmark: Crisil Composite Bond Index(85%) and a blend of BSE 100 upto 30-9-2012
and CNX Nifty thereafter(15%)
Asset Allocation
Equity 17%
Others 7%
Gsec 40%
Corporate Debt 36%
Fixed income duration: 4.72
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 13
Sector
AUTO
Equity
Tata Motors Ltd.
Mahindra & Mahindra Ltd.
Maruti Suzuki India Ltd.
Bajaj Auto Ltd.
Hero Motocorp Ltd.
Bharat Forge Ltd.
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
GAIL (India) Ltd.
Cairn India Ltd
Bharat Petroleum Corporation Ltd.
ABAN OFFSHORE LTD.
Hindustan Petroleum Corporation Ltd
POWER
Tata Power Co. Ltd.
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL ICICI Bank Ltd
SERVICES
HDFC Bank Ltd.
(INCL.
Housing Development Finance Corporation Ltd
INFRASTRU- State Bank of India.
CTURE
Axis Bank Ltd.
FINANCE)
Indusind Bank Limited.
Kotak Mahindra Bank Ltd
Yes Bank Ltd
Infrastructure Development Finance
Company Ltd.
Punjab National Bank.
Bank of Baroda.
City Union Bank Ltd.
%
0.46
0.25
0.25
0.17
0.15
0.07
0.15
0.09
0.08
1.38
0.28
0.16
0.08
0.06
0.03
0.02
1.22
0.42
0.11
0.09
0.08
0.05
0.03
0.18
0.17
0.14
0.02
1.16
1.00
0.94
0.37
0.30
0.22
0.18
0.14
0.09
0.07
0.07
0.06
Exide Life Secure Fund
Sector
INDUSTRIAL
MANUFACTURING
CONSTRUCTION &
INFRA
IT
METALS &
MINING
HEALTH
CARE
MISCELLANEOUS
TELECOM
Sector
SOVEREIGN
"
"
"
"
"
"
"
"
Equity
Larsen & Toubro Ltd.
Bharat Heavy Electricals Ltd
GMR Infrastructure Limited
DLF LTD
%
0.69
0.11
0.09
0.09
Infosys Ltd
1.02
Tata Consultancy Services Ltd.
0.97
Wipro Ltd.
0.26
HCL Technologies Ltd.
0.25
Tech Mahindra Ltd.
0.18
Tata Steel Ltd.
0.25
Sesa Sterlite Ltd
0.23
Coal India Ltd.
0.12
Hindalco Industries Ltd.
0.12
Jindal Steel & Power Ltd.
0.08
NMDC Limited.
0.07
Sun Pharmaceutical Industries Ltd
0.28
Dr. Reddys Lab Ltd
0.22
Lupin Ltd.
0.14
Cipla Ltd
0.12
DIVIS LABORATORIES LIMITED.
0.07
Dishman Pharmaceuticals and Chemicals Limited 0.06
Emami Limited
0.03
SUN TV NETWORK LIMITED.
0.14
HATHWAY CABLE & DATACOM LIMITED
0.13
Grasim Industries Ltd.
0.11
UPL Limited
0.09
Firstsource Solutions Limited
0.07
Zee Entertainment Enterprises Ltd.
0.05
DISH TV India Limited
0.04
Rallis India Limited
0.02
Bharti Airtel Ltd.
0.20
TATA Communications Limited.
0.12
Total
17.17
Government Securities
7.16% GSec 20-05-2023
8.24% GoI Sec 15-02-2027
9.20 G Sec 30- Sept-2030
8.12% Gsec 10-Dec-2020
8.32% GOI SEC 02-08-2032
8.20% Gsec 24-09-2025.
8.53 % GSEC SDL(Assam)24-02-2020.
8.33% GOI SEC 09-07-2026
8.28% GOI 21-09-2027
Total
Annual Fund Review 14
%
9.62
8.79
8.50
8.37
1.88
1.26
1.02
0.79
0.31
40.55
Sector
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
9.38 REC 06 NOV 2018
0.00% HDFC Ltd. 14-Jun-2016
9.81 Power Finance Corporation 07-10-2018
8.95% Larsen & Toubro Ltd 26-05-2020.
9.60% GE Shipping 10-11- 2019
9.90% Tata Sons Limted. 18-Mar-2016
9.30% PGCIL 28-06-2017
9.70 EXIM Bank 21-NOV-2018
9.35 LIC HFL 23-11-2014
9.70% HDFC 07-06-2017
9.15% Larsen & Toubro Ltd 05-01-2019.
11.25% Power Finance corporation 28-11-2018
Total
Others
%
7.37
6.20
3.40
3.27
3.03
2.72
2.52
2.03
2.02
1.70
1.00
0.36
35.61
6.66
Exide Life Balance Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
capital growth through an investment mix of upto 40%
equity and the balance in high quality bonds and money
market instruments.
Launch Date: November 2, 2004
Equity Sector Allocation
%
Financial Services (Incl. Infrastructure Finance)
27.40
IT
16.15
Consumer Products
11.85
Oil & Gas
11.55
Net Asset Value (NAV) as on 31st March 2014: `21.88
Auto
6.44
Assets Under Management (AUM): `806mn
Industrial Manufacturing, construction & infra
5.97
Health Care
5.57
Metals & Mining
4.65
Movement of NAV
3.77
Power
3.07
Cement
1.79
Telecommunication
1.79
Mar/14
Jan/13
Aug/13
Jun/12
Apr/11
Nov/11
Sep/10
Jul/09
Feb/10
Dec/08
Oct/07
May/08
Mar/07
Aug/06
Jan/06
Jun/05
Portfolio Holdings
Nov/04
22.00
21.50
21.00
20.50
20.00
19.50
19.00
18.50
18.00
17.50
17.00
16.50
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
Miscellaneous
Fund Performance
Period
Fund Return
One Year
Three Years
Five Years
Since inception
Benchmark*
7.63%
5.97%
9.41%
8.69%
8.43%
6.34%
9.99%
8.82%
Returns are compounded annualised and net of charges.
*Benchmark : Crisil Composite Bond Index(70%) and a blend of BSE 100 upto 30-9-2012
and CNX Nifty thereafter(30%)
Asset Allocation
Equity 34%
Others 5%
Gsec 28%
Corporate Debt 33%
Fixed income duration: 4.79
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 15
Sector
AUTO
Equity
Tata Motors Ltd
Mahindra & Mahindra Ltd
Bajaj Auto Ltd
Hero Motocorp Ltd
BHARAT FORGE LTD
Maruti Suzuki India Ltd.
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
GAIL (India) Ltd.
Cairn India Ltd
Bharat Petroleum Corporation Ltd.
ABAN OFFSHORE LTD.
Hindustan Petroleum Corporation Ltd
POWER
Tata Power Co. Ltd.
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL ICICI Bank Ltd
SERVICES
Housing Development Finance Corporation Ltd
(INCL.
HDFC Bank Ltd.
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
Indusind Bank Limited.
Kotak Mahindra Bank Ltd
Yes Bank Ltd
Infrastructure Development Finance
Company Ltd.
Bank of Baroda.
Punjab National Bank.
City Union Bank Ltd.
%
0.90
0.56
0.34
0.25
0.12
0.02
0.29
0.17
0.15
2.75
0.59
0.31
0.18
0.12
0.05
0.05
2.42
0.87
0.20
0.17
0.14
0.11
0.05
0.37
0.33
0.30
0.05
2.31
2.02
2.03
0.70
0.67
0.40
0.34
0.31
0.20
0.16
0.14
0.09
Exide Life Balance Fund
Sector
INDUSTRIAL
MANUFACTURINGCONSTRUCTION &
INFRA
IT
METALS
& MINING
HEALTH
CARE
MISCELLANEOUS
TELECOM
Sector
SOVEREIGN
"
"
"
"
"
"
"
"
Equity
%
Larsen & Toubro Ltd.
DLF Ltd
Bharat Heavy Electricals Ltd
GMR Infrastructure Limited
1.55
0.18
0.16
0.16
Infosys Ltd
Tata Consultancy Services Ltd.
Wipro Ltd.
HCL Technologies Ltd.
Tech Mahindra Ltd.
Tata Steel Ltd.
Sesa Sterlite Ltd
Coal India Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
Sun Pharmaceutical Industries Ltd
Dr. Reddys Lab Ltd
Lupin Ltd.
Cipla Ltd
DIVIS LABORATORIES LIMITED.
Dishman Pharmaceuticals and
Chemicals Limited
Emami Limited
HATHWAY CABLE & DATACOM LIMITED
SUN TV NETWORK LIMITED.
Grasim Industries Ltd.
UPL Limited
Firstsource Solutions Limited
Zee Entertainment Enterprises Ltd.
DISH TV India Limited
Rallis India Limited
Bharti Airtel Ltd.
TATA Communications Limited.
Total
2.18
1.93
0.56
0.52
0.34
0.47
0.37
0.24
0.22
0.16
0.13
0.59
0.43
0.30
0.25
0.15
Government Securities
7.16% GSec 20-05-2023
9.20 G Sec 30- Sept-2030
8.15% Gsec 11-06-2022
8.12% Gsec 10-Dec-2020
8.20% Gsec 24-09-2025.
8.24% GoI Sec 15-02-2027
8.26% GoI Sec 02-08-2027
8.32% GOI SEC 02-08-2032
8.97% GOI 05-Dec-2030.
Total
Annual Fund Review 16
0.13
0.06
0.35
0.26
0.22
0.18
0.10
0.09
0.07
0.02
0.38
0.23
34.21
%
8.12
5.57
4.65
2.90
2.09
1.97
1.74
0.81
0.43
28.27
Sector
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
%
8.95% Larsen & Toubro Ltd 26-05-2020.
6.02
9.38 REC 06 NOV 2018
5.67
11.25% Power Finance corporation 28-11-2018
4.21
9.81 Power Finance Corporation 07-10-2018
3.13
9.70 EXIM Bank 21-NOV-2018
2.99
9.30% PGCIL 28-06-2017
2.32
9.25% Rural Electrification Corporation Ltd
27-08-2017
1.61
9.90% Tata Sons Limted. 18-Mar-2016
1.50
10.60% IRFC 11-09-2018
1.30
9.70% HDFC 07-06-2017
1.25
7.60% HDFC 21-12-2017 s-a
1.06
9.60% GE SHIPPING 10-11- 2019
0.99
9.55% HDFC 19-06-2017
0.62
9.50 % State Bank Of India 2025.
0.26
Total
32.93
Others
4.60
Exide Life Growth Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
accelerated capital growth through an investment mix of
upto 60% equity and the balance in high quality bonds and
money market instruments.
Launch Date: November 2, 2004
Equity Sector Allocation
%
Financial Services (Incl. Infrastructure Finance)
25.67
IT
16.31
Consumer Products
11.54
Oil & Gas
11.03
Net Asset Value (NAV) as on 31st March 2014: `24.27
Auto
8.30
Assets Under Management (AUM): `9385mn
Industrial Manufacturing, construction & infra
6.84
Miscellaneous
4.80
Metals & Mining
4.67
Movement of NAV
24.00
23.50
23.00
22.50
22.00
21.50
21.00
20.50
20.00
19.50
19.00
18.50
18.00
17.50
17.00
16.50
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
Health Care
4.66
Power
2.80
Telecommunication
1.95
Cement
1.43
Portfolio Holdings
Sector
Mar-14
Jan-13
Aug-13
Jun-12
Apr-11
Nov-11
Sep-10
Jul-09
Feb-10
Dec-08
Oct-07
May-08
Mar-07
Jan-06
Aug-06
Jun-05
Nov-04
AUTO
Fund Performance
Period
Fund Return
Benchmark*
10.35%
5.28%
11.13%
9.90%
11.16%
5.84%
12.43%
10.66%
One Year
Three Years
Five Years
Since inception
Returns are compounded annualised and net of charges.
Benchmark : Crisil Composite Bond Index(50%) and a blend of BSE 100 upto 30-9-2012
and CNX Nifty thereafter(50%)
Asset Allocation
Equity 51%
Others 4%
Corporate Debt 21%
Gsec 24%
Fixed income duration: 4.91
Corporate Debt Rating Profile
AA+ 2.54%
AAA 97.46%
Annual Fund Review 17
Equity
Tata Motors Ltd
Maruti Suzuki India Ltd.
Mahindra & Mahindra Ltd
Exide Industries Ltd.
Bajaj Auto Ltd
Hero Motocorp Ltd
BHARAT FORGE LTD
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
GAIL (India) Ltd.
ABAN OFFSHORE LTD.
Cairn India Ltd
Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd
POWER
Tata Power Co. Ltd.
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL Housing Development Finance Corporation Ltd
SERVICES
HDFC Bank Ltd.
(INCL.
ICICI Bank Ltd
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
INDUSIND BANK LIMITED.
Kotak Mahindra Bank Ltd
Yes Bank Ltd
Infrastructure Development Finance
Company Ltd.
Bank of Baroda.
City Union Bank Ltd.
Punjab National Bank.
%
1.29
0.78
0.76
0.48
0.42
0.33
0.20
0.34
0.21
0.18
3.93
0.86
0.46
0.31
0.20
0.09
0.07
3.38
1.21
0.27
0.27
0.27
0.17
0.09
0.59
0.39
0.37
0.08
3.03
3.03
2.91
1.19
0.80
0.67
0.40
0.38
0.28
0.22
0.14
0.14
Exide Life Growth Fund
Sector
Equity
MISCELLANEOUS
HATHWAY CABLE & DATACOM LIMITED
SUN TV NETWORK LIMITED.
UPL Limited
Grasim Industries Ltd.
Voltas Ltd.
Firstsource Solutions Limited
DISH TV India Limited
Zee Entertainment Enterprises Ltd.
Rallis India Limited
INDUSTRIAL Larsen & Toubro Ltd.
MANUFAGMR Infrastructure Limited
CTURINGDLF Ltd
CONSTRU- Bharat Heavy Electricals Ltd
CTION &
Crompton Greaves Ltd
INFRA
IT
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Wipro Ltd.
Tech Mahindra Ltd.
METALS &
Tata Steel Ltd.
MINING
Sesa Sterlite Ltd
Coal India Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
HEALTH
Sun Pharmaceutical Industries Ltd
CARE
Dr. Reddys Lab Ltd
Lupin Ltd.
Cipla Ltd
DIVIS LABORATORIES LIMITED.
Dishman Pharmaceuticals and Chemicals
Limited
Emami Limited
TELECOM
Bharti Airtel Ltd.
TATA Communications Limited.
Total
Sector
SOVEREIGN
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
Government Securities
7.16% GSec 20-05-2023
8.20% Gsec 24-09-2025.
7.28% Gsec 03-June-2019
8.12% Gsec 10-Dec-2020
06.35% GOI SEC 02-01-2020
8.24% GoI Sec 15-02-2027
8.32% GOI SEC 02-08-2032
8.26% GoI Sec 02-08-2027
9.20 G Sec 30- Sept-2030
7.95% GoI Sec 28-08-2032
8.15% Gsec 11-06-2022
8.33% GOI SEC 09-07-2026
7.80% GOI 11-APR-2021.
7.94% GoI Sec 24-05-2021
8.97% GOI 05-Dec-2030.
8.28% GOI 21-09-2027
11.43% CGL 07-Aug-2015
8.53 % GSEC SDL(Assam)24-02-2020.
8.30% GOI 02-07-2040
7.53 % West Bangal SDL 15 09 2015
Total
Annual Fund Review 18
%
0.72
0.38
0.31
0.26
0.21
0.19
0.18
0.18
0.04
2.45
0.35
0.31
0.23
0.16
3.24
2.95
0.82
0.82
0.55
0.79
0.73
0.28
0.25
0.19
0.16
0.64
0.58
0.38
0.31
0.25
0.17
0.06
0.55
0.45
51.34
%
5.21
2.59
1.99
1.92
1.87
1.69
1.33
1.28
1.20
0.96
0.84
0.81
0.50
0.50
0.49
0.45
0.07
0.05
0.04
0.04
23.83
Sector
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AA+
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
%
11.25% Power Finance corporation 28-11-2018
1.32
9.38 REC 06 NOV 2018
1.41
9.70 EXIM Bank 21-NOV-2018
1.20
8.95% Larsen & Toubro Ltd 26-05-2020.
0.73
9.60% GE Shipping 10-11- 2019
0.66
9.25% Rural Electrification Corporation Ltd
27-08-2017
0.64
9.81 Power Finance Corporation 07-10-2018
0.58
9.95% State Bank of India 16-Mar-2026
0.54
9.00% IL & FS 09-JULY-2014
0.53
9.85% Sundaram Finance Ltd 07-05-2020
0.53
9.28% PFC 28-12-2017
0.53
9.70 Power Finance Corporation 31-01-2019
0.52
9.15% IL & FS 02-03-2020.
0.52
8.95 LIC Housing Finance Ltd 15-09-2020
0.52
9.20% State Bank of Hyderabad Perpetual Bond
0.51
9.20 Bank of Baroda Perpetual Bond 09-10-2019
0.51
9.05% State Bank of India(Perpetual Bond)
0.50
9.35 LIC HFL 23-11-2014
0.47
0.00 % NABARD 01-01-2018.
0.46
9.75% ICICI Home Finance Co. Ltd 24-04-2019
0.43
9.70% IL & FS 22-Feb-2021
0.43
8.90% POWER FINANCE CORP LTD 18-MAR-2018 0.41
10.85% REC 14-08-2018
0.39
0.00% HDFC Ltd. 14-Jun-2016
0.36
9.80% LIC Housing Finance Ltd 09-Jan-2015.
0.36
8.90% Power Finance Corporation 14-Dec-2014
0.36
0.00% NATIONAL HOUSING BANK 24-12-2018
ZCB-UL
0.34
10.60% IRFC 11-09-2018
0.32
8.60% Power Finance corporation 07-08-2014
0.32
8.97 PFC Ltd 15-Jan-2018
0.31
7.60% HDFC 21-12-2017 s-a
0.31
9.18% Tata Sons Ltd 23-11-2020.
0.30
9.20% HDFCL 08-10-2017.
0.30
9.66% TATASONS 13-09-2017
0.29
11.00% IOC 10-09-2018.
0.28
9.75% LIC Housing finance Ltd 18-10-2015
0.27
9.55% HDFC 25-07-2014
0.27
9.60 LIC Housing Finance Ltd 07-Mar-2021
0.27
9.15% Larsen & Toubro Ltd 05-01-2019.
0.26
9.30% LIC HOUSING FINANCE LTD 14-09-2022
0.26
9.19% GE Shipping 24-12-2018
0.21
9.47% PGCIL 31-03-2023. 0.21
0.00% NABARD BHAVISHYA NIRMAN BOND
01-08-2017.
0.20
9.90% Tata Sons Limted. 18-Mar-2016
0.19
9.70% HDFC 07-06-2017
0.16
8.90% PGC 25-02- 2015.
0.13
9.30% PGCIL 28-06-2017
0.09
9.50 % State Bank of India 2025. 0.07
9.55% HDFC 19-06-2017 0.05
9.07% REC 28-02-2018. 0.01
Total
20.86
Others
3.96
Exide Life Guaranteed Growth Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
moderate capital growth while meeting guarantees
provided, through an investment mix of upto 40% equity and
the balance in high quality bonds and money market
instruments.
Launch Date: January 30, 2008
Equity Sector Allocation
%
Financial Services (Incl. Infrastructure Finance)
28.19
IT
18.14
Oil & Gas
12.46
Consumer Product
11.93
Auto
8.51
Net Asset Value (NAV) as on 31st March 2014: `14.69
Industrial Manufacturing - construction & infra
6.65
Assets Under Management (AUM): `283mn
Health Care
4.34
Metals & Mining
3.08
Cement
1.97
Telecommunication
1.94
Movement of NAV
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
9.50
9.00
8.50
8.00
Power
1.70
Miscellaneous
1.10
Portfolio Holdings
Sector
Jan-14
May-14
Sep-13
Jan-13
May-13
Sep-12
Jan-12
May-12
Sep-11
Jan-11
May-11
Sep-10
Jan-10
May-10
Sep-09
Jan-09
May-09
Sep-08
Jan-08
May-08
AUTO
Fund Performance
Period
Fund Return
One Year
Three Years
Five Years
Since inception
5.82%
6.92%
8.06%
6.43%
Returns are compounded annualised and net of charges.
Asset Allocation
Equity 10%
Others 4%
Gsec 12%
Corporate Debt 74%
Fixed income duration: 3.67
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 19
Equity
Tata Motors Ltd
Mahindra & Mahindra Ltd
Bajaj Auto Ltd
Maruti Suzuki India Ltd.
Hero Motocorp Ltd
CEMENT
ACC Ltd
Ambuja Cements Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
Bharat Petroleum Corporation Ltd.
GAIL (India) Ltd.
Cairn India Ltd
POWER
Tata Power Co. Ltd.
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL ICICI Bank Ltd
SERVICES
HDFC Bank Ltd.
(INCL.
Housing Development Finance Corporation Ltd
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
Kotak Mahindra Bank Ltd
Punjab National Bank.
Infrastructure Development Finance
Company Ltd.
INDUSTRIAL Larsen & Toubro Ltd.
MANUFABharat Heavy Electricals Ltd
CTURINGCONSTRUCTION &
INFRA
IT
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
%
0.25
0.24
0.14
0.10
0.08
0.11
0.08
0.85
0.28
0.59
0.28
0.12
0.11
0.07
0.07
0.06
0.03
0.01
0.74
0.64
0.59
0.27
0.15
0.14
0.07
0.07
0.55
0.08
0.81
0.48
0.43
Exide Life Guaranteed Growth Fund
Sector
METALS &
MINING
MISCELLANEOUS
HEALTH
CARE
TELECOM
Sector
Equity
%
Tata Steel Ltd.
Jindal Steel & Power Ltd.
Hindalco Industries Ltd.
Sesa Sterlite Ltd
Grasim Industries Ltd.
0.14
0.06
0.05
0.03
0.10
Sun Pharmaceutical Industries Ltd
Dr. Reddys Lab Ltd
Cipla Ltd
Bharti Airtel Ltd.
Total
0.19
0.15
0.07
0.18
9.47
Government Securities
SOVEREIGN 7.83 GSEC 11-Apr-2018
Total
Annual Fund Review 20
%
12.34
12.34
Sector
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
0.00% NATIONAL HOUSING BANK
24-12-2018 ZCB-UL
9.47% PGCIL 31-03-2023.
10.60% IRFC 11-09-2018
9.15% Larsen & Toubro Ltd 05-01-2019.
8.90% POWER FINANCE CORP LTD
18-MAR-2018
9.81 Power Finance Corporation 07-10-2018
11.00% IOC 10-09-2018.
0.00% NABARD Bhavishya Nirman Bond
01-08-2017.
0.00 % NABARD 01-01-2018.
10.85% REC 14-08-2018
8.97 PFC Ltd 15-Jan-2018
159.07% REC 28-02-2018.
Total
Others
%
9.84
9.64
9.61
9.05
1.04
0.71
9.28
8.46
1.09
4.43
6.95
4.18
74.28
3.91
Exide Life Equity Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
accelerated capital growth through a portfolio of equities.
%
Financial Services (Incl. Infrastructure Finance)
25.44
IT
16.05
Net Asset Value (NAV) as on 31st March 2014: `19.18
Consumer Products
11.46
Assets Under Management (AUM): `6687mn
Oil & Gas
11.13
Launch Date: February 16, 2006
Auto
Movement of NAV
20.50
20.00
19.50
19.00
18.50
18.00
17.50
17.00
16.50
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
9.50
9.00
8.50
8.00
8.64
Industrial Manufacturing - construction & Infra
6.78
Miscellaneous
5.21
Health Care
4.85
Metals & Mining
4.62
Power
2.60
Telecommunication
1.95
Cement
1.27
Portfolio Holdings
Sector
Fund Performance
Period
One Year
Three Years
Five Years
Since inception
Fund Return
17.37%
3.58%
15.30%
8.39%
Benchmark*
17.98%
4.60%
18.51%
9.97%
Returns are compounded annualised and net of charges.
* Benchmark : A blend of BSE 100 upto 30-9-2012 and CNX Nifty thereafter
Asset Allocation
Equity 97%
Cash and Net Money
Market Instruments 3%
Annual Fund Review 21
Apr-14
Sep-13
Feb-13
Jul-12
Dec-11
Oct-10
May-11
Mar-10
Aug-09
Jan-09
Jun-08
Nov-07
Apr-07
Sep-06
Feb-06
AUTO
Equity
Tata Motors Ltd
Mahindra & Mahindra Ltd
Exide Industries Ltd.
Maruti Suzuki India Ltd.
Bajaj Auto Ltd
Hero Motocorp Ltd
BHARAT FORGE LTD
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
Cairn India Ltd
ABAN OFFSHORE LTD.
GAIL (India) Ltd.
Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd
POWER
Tata Power Co. Ltd.
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL Housing Development Finance Corporation Ltd
SERVICES
HDFC Bank Ltd.
(INCL.
ICICI Bank Ltd
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
INDUSIND BANK LIMITED.
Yes Bank Ltd
Kotak Mahindra Bank Ltd
%
2.57
1.52
1.30
1.26
0.83
0.52
0.39
0.59
0.34
0.30
7.26
1.65
0.85
0.63
0.45
0.17
0.15
6.47
2.40
0.54
0.54
0.43
0.29
0.16
1.17
0.60
0.60
0.16
5.35
5.88
5.54
2.27
1.58
1.28
0.79
0.69
Exide Life Equity Fund
Sector
Equity
Infrastructure Development Finance
Company Ltd.
Bank of Baroda.
City Union Bank Ltd.
Punjab National Bank.
MISCELLA- HATHWAY CABLE & DATACOM LIMITED
NEOUS
SUN TV NETWORK LIMITED.
UPL Limited
Grasim Industries Ltd.
Voltas Ltd.
Firstsource Solutions Limited
DISH TV India Limited
Zee Entertainment Enterprises Ltd.
Rallis India Limited
INDUSTRIAL Larsen & Toubro Ltd.
MANUFAGMR Infrastructure Limited
CTURINGDLF Ltd
CONSTRU- Bharat Heavy Electricals Ltd
CTION &
Crompton Greaves Ltd
INFRA
IT
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Wipro Ltd.
Tech Mahindra Ltd.
HEALTH
Sun Pharmaceutical Industries Ltd
CARE
Dr. Reddys Lab Ltd
Lupin Ltd.
Cipla Ltd
DIVIS LABORATORIES LIMITED.
Dishman Pharmaceuticals and Chemicals
Limited
Emami Limited
METALS &
Coal India Ltd.
MINING
Sesa Sterlite Ltd
Tata Steel Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
TELECOM Bharti Airtel Ltd.
TATA Communications Limited.
Total
Others
Annual Fund Review 22
%
0.42
0.37
0.30
0.28
1.74
0.77
0.61
0.41
0.41
0.37
0.35
0.34
0.08
4.56
0.70
0.58
0.42
0.33
6.21
5.16
1.62
1.54
1.09
1.26
1.15
0.76
0.53
0.48
0.44
0.10
0.47
1.51
1.50
0.44
0.32
0.26
1.02
0.88
97.30
2.70
Exide Life Guaranteed NAV Fund
Sector Allocation
Fund Objective: The Fund is a simple two-asset product
that invests in risk-free money-market assets as well as in
equity assets. The investor benefits through continuous
participation in equity market returns and simultaneous
downside protection to the extent of 80% of highestattained NAV.
%
Financial Services (Incl. Infrastructure Finance)
27.61
IT
16.59
Consumer Product
12.83
Oil & Gas
11.85
Auto
Launch Date: December 22, 2010
8.88
Industrial Manufacturing - construction & Infra
5.78
Net Asset Value (NAV) as on 31st March 2014: `11.46
Health Care
5.40
Guaranteed NAV as on 31st March 2014: `9.1668
Metals & Mining
4.29
Assets Under Management (AUM): `1491mn
Power
2.14
Cement
2.00
Movement of NAV
Telecommunication
1.77
Miscellaneous
0.85
Portfolio Holdings
12.00
11.70
11.40
Sector
11.10
Equity
%
10.80
AUTO
10.50
10.20
9.90
9.60
Fund Performance
Period
One Year
Three Years
Five Years
Since inception
Fund Return
10.20%
5.35%
NA
4.25%
Returns are compounded annualised and net of charges.
Asset Allocation
Net Money Market
Investments 43%
Equity 57%
Fixed income duration: 0.00
Annual Fund Review 23
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Sep-11
Jun-11
Mar-11
9.00
Dec-10
9.30
Tata Motors Ltd
Mahindra & Mahindra Ltd
Bajaj Auto Ltd
Maruti Suzuki India Ltd.
Hero Motocorp Ltd
CEMENT
Ambuja Cements Ltd
Ultratech Cement Ltd.
ACC Ltd
CONSUMER ITC Ltd
United Spirits Ltd.
Hindustan Unilever Ltd.
Asian Paints Ltd
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
Cairn India Ltd
GAIL (India) Ltd.
Bharat Petroleum Corporation Ltd.
POWER
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
Tata Power Co. Ltd.
FINANCIAL Housing Development Finance Corporation Ltd
SERVICES
HDFC Bank Ltd.
(INCL.
ICICI Bank Ltd
INFRASTRU- State BANK OF INDIA.
CTURE
Axis Bank Ltd.
FINANCE)
Kotak Mahindra Bank Ltd
INDUSIND BANK LIMITED.
Infrastructure Development Finance
Company Ltd.
Bank of Baroda.
Punjab National Bank.
INDUSTRIAL Larsen & Toubro Ltd.
MANUFABharat Heavy Electricals Ltd
CTURINGDLF LTD
CONSTRUCTION &
INFRA
1.88
1.20
0.74
0.69
0.58
0.41
0.39
0.35
5.09
0.50
1.11
0.66
4.00
1.50
0.53
0.45
0.32
0.41
0.40
0.05
0.37
3.57
3.62
3.77
1.32
1.22
0.78
0.55
0.40
0.36
0.26
2.74
0.41
0.16
Exide Life Guaranteed NAV Fund
Sector
IT
METALS &
MINING
MISCELLANEOUS
HEALTH
CARE
TELECOM
Equity
Infosys Ltd
Wipro Ltd.
Tech Mahindra Ltd.
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Coal India Ltd.
Tata Steel Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
Sesa Sterlite Ltd
Grasim Industries Ltd.
Sun Pharmaceutical Industries Ltd
Dr. Reddys Lab Ltd
Cipla Ltd
Lupin Ltd.
Bharti Airtel Ltd.
Total
Annual Fund Review 24
%
4.15
0.92
0.63
2.89
0.93
0.49
0.70
0.49
0.30
0.29
0.20
0.49
1.15
0.87
0.52
0.56
1.01
57.37
Exide Life Active Asset Allocation Fund
Sector Allocation
Fund Objective: The fund seeks provide long term capital
appreciation in a risk controlled manner by making clear and
dynamic asset allocation choices as between Equities and
Bonds.
Launch Date: January 18, 2011
%
Financial Services (Incl. Infrastructure Finance)
25.79
IT
16.67
Consumer Products
11.80
Oil & Gas
11.12
Net Asset Value (NAV) as on 31st March 2014: `12.03
Auto
7.62
Assets Under Management (AUM): `240mn
Industrial Manufacturing-construction & Infra
6.22
Metals & Mining
5.36
Health Care
5.28
Movement of NAV
12
11.5
Miscellaneous
3.48
Power
2.89
Telecommunication
2.02
Cement
1.75
11
Portfolio Holdings
10.5
10
Sector
Equity
%
9.5
Jan-14
Mar-14
Nov-13
Jul-13
Sep-13
May-13
Jan-13
Mar-13
Nov-12
Jul-12
Sep-12
May-12
Jan-12
Mar-12
Nov-11
Jul-11
Sep-11
May-11
Jan-11
AUTO
Mar-11
9
Fund Performance
Period
Fund Return
One Year
Three Years
Five Years
Since inception
Benchmark*
11.37%
5.65%
NA
5.96%
11.16%
5.84%
NA
5.97%
Returns are compounded annualised and net of charges.
*Benchmark : Crisil Composite Bond Index(50%) and a blend of BSE 100 upto 30-9-2012
and CNX Nifty thereafter(50%)
Asset Allocation
Equity 50%
Gsec 26%
Cash and Net Money
Market Instruments 5%
Corporate Debt 19%
Fixed income duration: 4.60
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 25
Tata Motors Ltd
Maruti Suzuki India Ltd.
Mahindra & Mahindra Ltd
Bajaj Auto Ltd
Hero Motocorp Ltd
BHARAT FORGE LTD
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
ABAN OFFSHORE LTD.
Hindustan Petroleum Corporation Ltd
Cairn India Ltd
GAIL (India) Ltd.
Bharat Petroleum Corporation Ltd.
POWER
Tata Power Co. Ltd.
NTPC Limited.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL Housing Development Finance Corporation Ltd
SERVICES
HDFC Bank Ltd.
(INCL.
ICICI Bank Ltd
INFRASTRU- State BANK OF INDIA.
CTURE
Axis Bank Ltd.
FINANCE)
indusind bank limited.
Kotak Mahindra Bank Ltd
Yes Bank Ltd
Infrastructure Development Finance
Company Ltd.
Bank of Baroda.
Punjab National Bank.
City Union Bank Ltd.
1.35
0.76
0.70
0.46
0.33
0.18
0.39
0.25
0.23
3.95
0.87
0.44
0.24
0.20
0.08
0.07
3.15
1.26
0.27
0.08
0.27
0.31
0.18
0.56
0.42
0.37
0.08
2.60
2.91
2.96
1.15
0.79
0.62
0.46
0.39
0.28
0.24
0.26
0.13
Exide Life Active Asset Allocation Fund
Sector
INDUSTRIAL
MANUFACTURINGCONSTRUCTION &
INFRA
IT
METALS &
MINING
HEALTH
CARE
MISCELLANEOUS
TELECOM
Sector
SOVEREIGN
"
"
"
"
"
"
"
"
"
Equity
%
Larsen & Toubro Ltd.
GMR Infrastructure Limited
DLF Ltd
Bharat Heavy Electricals Ltd
Crompton Greaves Ltd
2.04
0.36
0.28
0.27
0.15
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Wipro Ltd.
Tech Mahindra Ltd.
Tata Steel Ltd.
Sesa Sterlite Ltd
Coal India Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
Sun Pharmaceutical Industries Ltd
Dr. Reddys Lab Ltd
Lupin Ltd.
Cipla Ltd
Dishman Pharmaceuticals and Chemicals
Limited
DIVIS LABORATORIES LIMITED.
Emami Limited
SUN TV NETWORK LIMITED.
Grasim Industries Ltd.
UPL Limited
Voltas Ltd.
Firstsource Solutions Limited
DISH TV India Limited
Zee Entertainment Enterprises Ltd.
Rallis India Limited
Bharti Airtel Ltd.
TATA Communications Limited.
Total
3.24
2.91
0.79
0.79
0.54
0.83
0.76
0.32
0.32
0.22
0.21
0.68
0.62
0.41
0.32
Government Securities
8.12% Gsec 10-Dec-2020
7.16% GSec 20-05-2023
8.24% GoI Sec 15-02-2027
9.20 G Sec 30- Sept-2030
7.83 GSEC 11-Apr-2018
8.15% Gsec 11-06-2022
8.28% GOI 21-09-2027
8.32% GOI SEC 02-08-2032
8.33% GOI SEC 09-07-2026
8.30% GOI 02-07-2040
Total
Annual Fund Review 26
0.31
0.24
0.04
0.41
0.30
0.28
0.19
0.18
0.18
0.17
0.04
0.56
0.45
49.64
%
6.95
5.11
3.88
2.31
1.61
1.58
1.55
1.16
0.98
0.38
25.52
Sector
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
9.38 REC 06 NOV 2018
9.81 Power Finance Corporation 07-10-2018
9.70 EXIM Bank 21-NOV-2018
0.00% HDFC Ltd. 14-Jun-2016
10.40% Reliance Ports And Terminals Limited
18-07-2021.
9.70 Power Finance Corporation 31-01-2019
9.95% State Bank of India 16-Mar-2026
Total
Others
%
5.78
3.78
3.34
2.73
2.59
0.42
0.68
19.33
5.52
Exide Life Prime Equity Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
accelerated capital growth through a portfolio of equities.
%
Financial Services (Incl. Infrastructure Finance)
26.03
IT
16.32
Net Asset Value (NAV) as on 31st March 2014: `11.83
Consumer Products
12.01
Assets Under Management (AUM): `1313mn
Oil & Gas
11.33
Launch Date: January 1, 2010
Movement of NAV
12
11.5
Auto
7.55
Industrial Manufacturing - construction & Infra
6.71
Health Care
5.23
Metals & Mining
4.87
Miscellaneous
3.56
Power
2.80
Telecommunication
2.05
Cement
1.55
11
10.5
Portfolio Holdings
10
9.5
Sector
9
Equity
%
8.5
Fund Performance
Period
One Year
Three Years
Five Years
Since inception
Fund Return
18.63%
3.61%
NA
4.04%
Benchmark*
17.98%
4.60%
NA
5.43%
Returns are compounded annualised and net of charges.
* Benchmark : A blend of BSE 100 upto 30-9-2012 and CNX Nifty thereafter
Asset Allocation
Equity 95%
Annual Fund Review 27
Others 5%
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
AUTO
Dec-09
8
Tata Motors Ltd
Mahindra & Mahindra Ltd
Maruti Suzuki India Ltd.
BHARAT FORGE LTD
Bajaj Auto Ltd
Hero Motocorp Ltd
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Britannia Industries Limited
Godrej Consumer Products Ltd.
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
Cairn India Ltd
ABAN OFFSHORE LTD.
GAIL (India) Ltd.
Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd
POWER
NTPC Limited.
Tata Power Co. Ltd.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL HDFC Bank Ltd.
SERVICES
ICICI Bank Ltd
(INCL.
Housing Development Finance Corporation Ltd
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
INDUSIND BANK LIMITED.
Yes Bank Ltd
Kotak Mahindra Bank Ltd
Infrastructure Development Finance
Company Ltd.
City Union Bank Ltd.
Bank of Baroda.
Punjab National Bank.
2.49
1.51
1.39
0.38
0.85
0.58
0.66
0.42
0.39
7.66
1.63
0.85
0.54
0.44
0.14
0.15
6.27
2.41
0.54
0.54
0.49
0.36
0.16
0.70
1.12
0.68
0.16
5.78
5.52
5.31
2.28
1.62
1.21
0.80
0.76
0.50
0.27
0.39
0.31
Exide Life Prime Equity Fund
Sector
Equity
MISCELLANEOUS
SUN TV NETWORK LIMITED.
UPL Limited
Grasim Industries Ltd.
Voltas Ltd.
Firstsource Solutions Limited
DISH TV India Limited
Zee Entertainment Enterprises Ltd.
Rallis India Limited
INDUSTRIAL Larsen & Toubro Ltd.
MANUFA GMR Infrastructure Limited
CTURING - DLF Ltd
CONSTRU- Bharat Heavy Electricals Ltd
CTION &
Crompton Greaves Ltd
INFRA
IT
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Wipro Ltd.
Tech Mahindra Ltd.
METALS &
Coal India Ltd.
MINING
Tata Steel Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
Sesa Sterlite Ltd
HEALTH
Sun Pharmaceutical Industries Ltd
CARE
Dr. Reddys Lab Ltd
Lupin Ltd.
Cipla Ltd
Emami Limited
Dishman Pharmaceuticals and Chemicals
Limited
DIVIS LABORATORIES LIMITED.
TELECOM
Bharti Airtel Ltd.
TATA Communications Limited.
Total
Others
Annual Fund Review 28
%
0.82
0.57
0.50
0.39
0.36
0.35
0.33
0.07
4.38
0.70
0.57
0.42
0.31
6.05
5.31
1.57
1.50
1.09
0.55
1.46
0.49
0.38
0.28
1.47
1.31
1.15
0.76
0.55
0.09
0.62
0.49
1.07
0.88
95.06
4.94
Exide Life Preserver Fund
Portfolio Holdings
Fund Objective: The fund seeks to generate income by
investing in a diversified portfolio of debt and money market
instruments of varying maturities.
Rating
Top Ten Holdings-Debt
SOVEREIGN 8.24% GoI Sec 15-02-2027
%
9.29
SOVEREIGN 8.12% Gsec 10-Dec-2020
8.79
SOVEREIGN 9.24% Maharashtra SDL 16-01-2024
6.10
Net Asset Value (NAV) as on 31st March 2014: `14.35
SOVEREIGN 7.28% Gsec 03-June-2019
5.48
Assets Under Management (AUM): `922mn
AAA
Launch Date: January 1, 2010
10.40% Reliance Ports And Terminals Limited
18-07-2021.
SOVEREIGN 8.28% GOI 21-09-2027
AAA
Movement of NAV
5.29
5.06
9.27 Power Finance Corporation Ltd
21-Aug-2017
4.32
AAA
9.38 REC 06 NOV 2018
4.20
AAA
8.76% EXIM BANK 10-JAN-2018
4.02
AAA
9.95% State Bank of India 16-Mar-2026
3.97
15
14.5
14
13.5
13
Portfolio Holdings
12.5
12
11.5
Sector
11
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
10
Dec-09
10.5
Fund Performance
Period
Fund Return
One Year
Three Years
Five Years
Since inception
Benchmark*
3.73%
7.64%
NA
8.88%
4.34%
7.08%
NA
6.50%
Returns are compounded annualised and net of charges.
*Benchmark : Crisil Composite Bond Index(50%) and a blend of BSE 100 upto 30-9-2012
and CNX Nifty thereafter(50%)
Asset Allocation
Others 6%
Gsec 47%
Corporate Debt 47%
Fixed income duration: 4.60
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 29
SOVEREIGN
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
Government Securities
8.24% GoI Sec 15-02-2027
8.12% Gsec 10-Dec-2020
9.24% Maharashtra SDL 16-01-2024
7.28% Gsec 03-June-2019
8.28% GOI 21-09-2027
9.53% Gujarat SDL 12-Feb-2024
7.16% GSec 20-05-2023
8.83% GOI 12-Dec-2041
8.15% Gsec 11-06-2022
8.30% GOI 02-07-2040
8.26% GoI Sec 02-08-2027
8.19% GSEC 16-Jan-2020
8.58 % GSEC SDL(Uttarkhand) 13-04-2020
8.45%GSEC SDL J&K 14-03-2017
6.01% GoI Sec 25-03-2028
8.23% Goi Sec 12-02-2027 (Food Bond).
7.40% GoI Sec 09-09-2035
12.60% GoI Sec 23-11-2018.
5.69% GoI Sec 25-09-2018.
6.30% GoI Sec 09-04-2023
6.17% GoI Sec 12-06-2023
7.95% GoI Sec 28-08-2032
10.50% GoI Sec 29-10-2014
10.25% GoI Sec30-05-2021
8.15% GoI FOOD BOND 16-10-2022
10.00% GoI Sec 30-05-2014
12.30% GoI Sec 02-07-2016
8.30% GOI Fert Bond 2023
7.46% GSEC 2017
Total
%
9.29
8.79
6.10
5.48
5.06
3.27
1.81
1.96
1.75
1.59
0.51
0.42
0.36
0.21
0.12
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
46.98
Exide Life Preserver Fund
Rating
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
%
10.40% Reliance Ports And Terminals
Limited 18-07-2021.
5.29
9.27 Power Finance Corporation Ltd
21-Aug-2017
4.32
9.38 REC 06 NOV 2018
4.20
8.76% EXIM BANK 10-JAN-2018
4.02
9.95% State Bank of India 16-Mar-2026
3.97
9.07% REC 28-02-2018.
3.95
9.70% HDFC 07-06-2017
2.18
9.55% HDFC 19-06-2017
2.18
9.81 Power Finance Corporation 07-10-2018
2.08
9.70 EXIM Bank 21-NOV-2018
2.07
NOVO X TRUST LOCO SR H PTC (15OT14) IRFC 2.04
8.90% Power Finance Corporation 14-Dec-2014 1.73
8.60% Power Finance corporation 07-08-2014
1.62
8.90% PGC 25-02- 2017
1.20
9.80% LIC Housing Finance Ltd 09-Jan-2015.
1.20
9.30% PGCIL 28-06-2017
1.08
8.84 PGCIL 21.10.2015
0.94
9.66% TATASONS 13-09-2017
0.87
9.20% HDFCL 08-10-2017.
0.75
9.60% GE SHIPPING 10-11- 2019
0.43
8.95% LARSEN & TOUBRO LTD 26-05-2020.
0.32
0.00% NABARD BHAVISHYA NIRMAN BOND
01-08-2017.
0.24
0.00 % NABARD 01-01-2018.
0.15
9.47% PGCIL 31-03-2023.
0.13
9.50 % State Bank of India 2025.
0.02
Total
46.99
Others
6.03
Annual Fund Review 30
Exide Life Pension Prime Equity Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
accelerated capital growth through a portfolio of equities.
%
Launch Date: January 1, 2010
Financial Services (Incl. Infrastructure Finance)
25.77
IT
16.56
Net Asset Value (NAV) as on 31st March 2014: `11.73
Consumer Products
12.22
Assets Under Management (AUM): `685mn
Oil & Gas
11.40
Movement of NAV
12
11.5
Auto
7.64
Industrial Manufacturing-construction & Infra
6.63
Health Care
5.16
Metals & Mining
4.76
Miscellaneous
3.57
Power
2.77
Telecommunication
2.01
Cement
1.51
11
10.5
Portfolio Holdings
10
9.5
Sector
9
8.5
Fund Performance
Period
One Year
Three Years
Five Years
Since inception
Fund Return
18.42%
3.59%
NA
3.83%
Benchmark*
17.98%
4.60%
NA
5.43%
Returns are compounded annualised and net of charges.
* Benchmark : A blend of BSE 100 upto 30-9-2012 and CNX Nifty thereafter
Asset Allocation
Equity 97%
Annual Fund Review 31
Others 3%
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
AUTO
Dec-09
8
Equity
Tata Motors Ltd
Mahindra & Mahindra Ltd
Maruti Suzuki India Ltd.
Bajaj Auto Ltd
Hero Motocorp Ltd
BHARAT FORGE LTD
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
ABAN OFFSHORE LTD.
Hindustan Petroleum Corporation Ltd
Cairn India Ltd
Bharat Petroleum Corporation Ltd.
GAIL (India) Ltd.
POWER
Power Grid Corpn. Of India Ltd.
Tata Power Co. Ltd.
TATA Power Rights issue
NTPC Limited.
FINANCIAL Housing Development Finance Corporation Ltd
SERVICES
ICICI Bank Ltd
(INCL.
HDFC Bank Ltd.
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
Yes Bank Ltd
Infrastructure Development Finance
Company Ltd.
Kotak Mahindra Bank Ltd
INDUSIND BANK LIMITED.
City Union Bank Ltd.
Bank of Baroda.
Punjab National Bank.
%
2.62
1.54
1.44
0.85
0.58
0.37
0.66
0.41
0.38
7.86
1.78
0.87
0.57
0.44
0.15
0.14
6.46
2.46
0.54
0.16
0.54
0.37
0.50
0.70
1.14
0.16
0.68
5.61
5.47
6.11
2.06
1.59
0.82
0.46
0.79
1.11
0.27
0.34
0.32
Exide Life Pension Prime Equity Fund
Sector
Equity
MISCELLANEOUS
SUN TV NETWORK LIMITED.
UPL Limited
Grasim Industries Ltd.
Voltas Ltd.
Firstsource Solutions Limited
DISH TV India Limited
Zee Entertainment Enterprises Ltd.
Rallis India Limited
INDUSTRIAL Larsen & Toubro Ltd.
MANUFABharat Heavy Electricals Ltd
CTURINGCrompton Greaves Ltd
CONSTRU- DLF LTD
CTION &
GMR Infrastructure Limited
INFRA
IT
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Tech Mahindra Ltd.
Wipro Ltd.
METALS &
Coal India Ltd.
MINING
Tata Steel Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
Sesa Sterlite Ltd
HEALTH
Sun Pharmaceutical Industries Ltd
CARE
Dr. Reddys Lab Ltd
Cipla Ltd
Lupin Ltd.
Emami Limited
DIVIS LABORATORIES LIMITED.
Dishman Pharmaceuticals and Chemicals
Limited
TELECOM
Bharti Airtel Ltd.
TATA Communications Limited.
Total
Others
Annual Fund Review 32
%
0.85
0.58
0.51
0.39
0.37
0.35
0.34
0.07
4.38
0.45
0.31
0.57
0.70
6.26
5.48
1.61
1.09
1.59
0.54
1.50
0.48
0.36
0.29
1.43
1.32
1.16
0.57
0.76
0.09
0.49
0.62
1.06
0.88
96.79
3.21
Exide Life Pension Preserver Fund
Portfolio Holdings
Fund Objective: The fund seeks to generate income by
investing in a diversified portfolio of debt and money market
instruments of varying maturities.
Rating
SOVEREIGN 8.12% Gsec 10-Dec-2020
AAA
Launch Date: January 1, 2010
Top Ten Holdings-Debt
9.25% Rural Electrification Corporation
%
10.83
7.99
Ltd 27-08-2017.
Net Asset Value (NAV) as on 31st March 2014: `14.47
SOVEREIGN 8.28% GOI 21-09-2027
7.27
Assets Under Management (AUM): `410mn
AAA
6.84
10.40% Reliance Ports And Terminals Limited
18-07-2021.
Movement of NAV
15
14.5
SOVEREIGN 8.83% GOI 12-Dec-2041
5.91
SOVEREIGN 8.33% GOI SEC 09-07-2026
5.01
AAA
8.60% Power Finance corporation 07-08-2014.
4.90
AAA
NOVO X TRUST LOCO SR G PTC (15AP14) IRFC 4.87
AAA
9.95% State Bank of India 16-Mar-2026
SOVEREIGN 8.24% GoI Sec 15-02-2027
14
4.21
3.97
13.5
13
Portfolio Holdings
12.5
12
11.5
Sector
11
Fund Performance
Period
Fund Return
One Year
Three Years
Five Years
Since inception
Benchmark*
3.57%
7.76%
NA
9.09%
4.34%
7.08%
NA
6.50%
Returns are compounded annualised and net of charges.
Index is the Crisil Composite Bond Index.
Asset Allocation
Gsec 50%
Others 14%
Corporate Debt 36%
Fixed income duration: 4.50
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 33
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
10
Dec-09
10.5
SOVEREIGN
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
Government Securities
8.12% Gsec 10-Dec-2020
8.24% GoI Sec 15-02-2027
7.28% Gsec 03-June-2019
8.83% GOI 12-Dec-2041
8.28% GOI 21-09-2027
7.16% GSec 20-05-2023
8.33% GOI SEC 09-07-2026
9.20 G Sec 30- Sept-2030
8.19% GSEC 16-Jan-2020
8.20% Gsec 24-09-2025.
9.24% Maharashtra SDL 16-01-2024
8.30% GOI 02-07-2040
8.58 % GSEC SDL(Uttarkhand) 13-04-2020
6.01% GoI Sec 25-03-2028
8.45%GSEC SDL J&K 14-03-2017
8.23% Goi Sec 12-02-2027 (Food Bond).
7.40% GoI Sec 09-09-2035
12.60% GoI Sec 23-11-2018.
5.69% GoI Sec 25-09-2018.
6.30% GoI Sec 09-04-2023
6.17% GoI Sec 12-06-2023
7.95% GoI Sec 28-08-2032
10.50% GoI Sec 29-10-2014
10.25% GoI Sec30-05-2021
8.15% GoI FOOD BOND 16-10-2022
10.00% GoI Sec 30-05-2014
12.30% GoI Sec 02-07-2016
8.30% GOI Fert Bond 2023
7.46% GSEC 2017
Total
%
10.35
8.57
6.15
5.94
3.98
3.85
2.29
2.21
2.11
1.25
0.96
0.67
0.47
0.26
0.24
0.08
0.06
0.06
0.05
0.05
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.02
0.02
49.90
Exide Life Pension Preserver Fund
Sector
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Corporate Debt
10.40% Reliance Ports And Terminals Limited
18-07-2021.
9.38 REC 06 NOV 2018
9.95% State Bank of India 16-Mar-2026
8.76% EXIM BANK 10-JAN-2018
9.70% HDFC 07-06-2017
9.55% HDFC 19-06-2017
9.81 Power Finance Corporation 07-10-2018
9.70 EXIM Bank 21-NOV-2018
9.60% GE Shipping 10-11- 2019
9.66% TATASONS 13-09-2017
9.30% PGCIL 28-06-2017
8.60% Power Finance corporation 07-08-2014
9.20% HDFCL 08-10-2017.
9.80% LIC Housing Finance Ltd 09-Jan-2015.
9.27 Power Finance Corporation Ltd
21-Aug-2017
8.95% Larsen & Toubro Ltd 26-05-2020.
Total
Others
Annual Fund Review 34
%
6.83
5.32
4.21
2.86
2.45
2.44
1.96
1.96
1.46
1.23
1.21
1.21
1.21
0.98
0.73
0.24
36.31
13.80
Exide Life Pension Liquid Fund
Portfolio Holdings
Fund Objective: The fund seeks to provide reasonable
returns while providing a high level of liquidity and low risk by
investing in money market securities.
Launch Date: March, 5, 2008
Net Asset Value (NAV) as on 31st March 2014: `15.93
Assets Under Management (AUM): `53mn
Rating
SOVEREIGN 91 Day TB 19-06-2014
72.13
11.11
Portfolio Holdings
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
Fund Performance
Fund Return
One Year
Three Years
Five Years
Since inception
8.54%
8.76%
7.77%
7.96%
Benchmark*
9.46%
8.72%
7.19%
7.48%
Returns are compounded annualised and net of charges.
Index is the Crisil Liquid Fund Index.
Asset Allocation
Gsec 83%
Fixed income duration: 0.22
Annual Fund Review 35
Others 17%
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
Dec-09
Jun-09
Sep-09
Mar-09
Dec-08
Jun-08
Sep-08
Mar-08
10.50
Period
Government Securities
SOVEREIGN 91 Day TB 19-06-2014
"
91 Day TB 12-06-2014
Total
Others
Movement of NAV
%
SOVEREIGN 91 Day TB 12-06-2014
Sector
10.00
Top Ten Holdings-Debt
%
72.13
11.11
83.25
16.75
Exide Life Pension Debt Fund
Portfolio Holdings
Fund Objective: The fund seeks to generate income
through an investment mix of high quality bonds and money
market instruments.
Launch Date: March 5, 2008
Net Asset Value (NAV) as on 31st March 2014: `16.13
Assets Under Management (AUM): `541mn
17.00
16.50
16.00
15.50
15.00
14.50
14.00
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
Sector
SOVEREIGN
"
"
"
"
"
"
"
"
"
"
"
Sector
Fund Performance
Period
Fund Return
One Year
Three Years
Five Years
Since inception
Benchmark*
3.64%
7.68%
7.71%
8.19%
4.34%
7.68%
6.34%
6.40%
Returns are compounded annualised and net of charges.
Index is the Crisil Composite Bond Index.
Asset Allocation
Others 2%
Gsec 44%
Corporate Debt 54%
Fixed income duration: 4.68
Corporate Debt Rating Profile
AAA 100%
Annual Fund Review 36
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
Dec-09
Jun-09
Sep-09
Mar-09
Dec-08
Jun-08
Sep-08
Mar-08
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
Government Securities
8.12% Gsec 10-Dec-2020
7.28% Gsec 03-June-2019
7.16% GSec 20-05-2023
8.24% GoI Sec 15-02-2027
8.28% GOI 21-09-2027
8.30% GOI 02-07-2040
9.24% Maharashtra SDL 16-01-2024
11.43% CGL 07-Aug-2015
8.19% GSEC 16-Jan-2020
9.20 G Sec 30- Sept-2030
8.33% GOI SEC 09-07-2026
8.58 % GSEC SDL(Uttarkhand) 13-04-2020
Total
Corporate Debt
9.38 REC 06 NOV 2018
10.40% Reliance Ports And Terminals Limited
18-07-2021.
9.27 Power Finance Corporation Ltd
21-Aug-2017
9.95% State Bank of India 16-Mar-2026
9.60 LIC Housing Finance Ltd 07-Mar-2021
9.70% HDFC 07-06-2017
9.80% LIC Housing Finance Ltd 09-Jan-2015.
8.95% Larsen & Toubro Ltd 26-05-2020.
9.90% Tata Sons Limted. 18-Mar-2016
9.81 Power Finance Corporation 07-10-2018
9.70 EXIM Bank 21-NOV-2018
9.70% IL & FS 22-Feb-2021
9.60% GE Shipping 10-11- 2019
9.18% Tata Sons Ltd 23-11-2020.
9.66% TATASONS 13-09-2017
9.55% HDFC 19-06-2017
9.20% HDFCL 08-10-2017.
9.50 % State Bank of India 2025.
Total
Others
%
9.70
7.95
7.95
6.88
3.62
2.21
1.92
0.91
0.77
0.75
0.65
0.44
43.74
%
9.54
5.76
4.97
4.88
4.61
3.72
3.34
2.69
2.24
2.05
2.04
1.85
1.66
1.63
0.93
0.93
0.92
0.19
53.95
2.31
Exide Life Pension Equity Fund
Sector Allocation
Fund Objective: The fund seeks to achieve long term
accelerated capital growth through a portfolio of equities.
%
Financial Services (Incl. Infrastructure Finance)
25.62
IT
16.42
Net Asset Value (NAV) as on 31st March 2014:`13.25
Consumer Products
11.93
Assets Under Management (AUM): `1041mn
Oil & Gas
11.24
Launch Date: March 5, 2008
Movement of NAV
8.41
Industrial Manufacturing-construction & Infra
6.55
Health Care
5.12
Metals & Mining
4.66
Miscellaneous
4.11
Power
2.70
Telecommunication
1.96
Cement
1.28
Portfolio Holdings
Fund Performance
Period
One Year
Three Years
Five Years
Since inception
Fund Return
18.03%
3.68%
15.87%
4.76%
Benchmark*
17.98%
4.60%
18.51%
4.64%
Returns are compounded annualised and net of charges.
* Benchmark : A blend of BSE 100 upto 30-9-2012 and CNX Nifty thereafter
Asset Allocation
Equity 96%
Annual Fund Review 37
Others 4%
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
Dec-09
Jun-09
Sep-09
Mar-09
Dec-08
Jun-08
Sep-08
Sector
Mar-08
13.50
13.00
12.50
12.00
11.50
11.00
10.50
10.00
9.50
9.00
8.50
8.00
7.50
7.00
6.50
6.00
5.50
5.00
Auto
AUTO
Equity
Mahindra & Mahindra Ltd
Maruti Suzuki India Ltd.
Bajaj Auto Ltd
Exide Industries Ltd.
Hero Motocorp Ltd
BHARAT FORGE LTD
CEMENT
Ultratech Cement Ltd.
Ambuja Cements Ltd
ACC Ltd
CONSUMER ITC Ltd
Hindustan Unilever Ltd.
Asian Paints Ltd
Raymond Ltd.
United Spirits Ltd.
Godrej Consumer Products Ltd.
Britannia Industries Limited
OIL & GAS Reliance Industries Ltd
Oil & Natural Gas Corporation Ltd.
ABAN OFFSHORE LTD.
Cairn India Ltd
GAIL (India) Ltd.
Bharat Petroleum Corporation Ltd.
Hindustan Petroleum Corporation Ltd
POWER
NTPC Limited.
Tata Power Co. Ltd.
Power Grid Corpn. Of India Ltd.
TATA Power Rights issue
FINANCIAL HDFC Bank Ltd.
SERVICES
Housing Development Finance Corporation Ltd
(INCL.
ICICI Bank Ltd
INFRASTRU- State Bank Of India.
CTURE
Axis Bank Ltd.
FINANCE)
INDUSIND BANK LIMITED.
Yes Bank Ltd
Kotak Mahindra Bank Ltd
Infrastructure Development Finance
Company Ltd.
Bank of Baroda.
Punjab National Bank.
City Union Bank Ltd.
%
1.51
1.45
0.85
0.77
0.54
0.40
0.54
0.36
0.33
7.63
1.60
0.84
0.62
0.45
0.16
0.14
6.42
2.38
0.54
0.53
0.45
0.31
0.16
0.67
1.16
0.59
0.17
5.82
5.52
5.33
2.07
1.57
1.29
0.85
0.68
0.57
0.33
0.29
0.28
Exide Life Pension Equity Fund
Sector
Equity
MISCELLANEOUS
HATHWAY CABLE & DATACOM LIMITED
SUN TV NETWORK LIMITED.
UPL Limited
Grasim Industries Ltd.
Voltas Ltd.
Firstsource Solutions Limited
Zee Entertainment Enterprises Ltd.
DISH TV India Limited
Rallis India Limited
INDUSTRIAL Larsen & Toubro Ltd.
MANUFADLF Ltd
CTURINGGMR Infrastructure Limited
CONSTRU- Bharat Heavy Electricals Ltd
CTION &
Crompton Greaves Ltd
INFRA
IT
Infosys Ltd
Tata Consultancy Services Ltd.
HCL Technologies Ltd.
Wipro Ltd.
Tech Mahindra Ltd.
METALS &
Coal India Ltd.
MINING
Sesa Sterlite Ltd
Tata Steel Ltd.
Hindalco Industries Ltd.
Jindal Steel & Power Ltd.
NMDC Limited.
HEALTH
Sun Pharmaceutical Industries Ltd
CARE
Dr. Reddys Lab Ltd
Lupin Ltd.
Dishman Pharmaceuticals and Chemicals
Limited
Cipla Ltd
DIVIS LABORATORIES LIMITED.
Emami Limited
TELECOM
Bharti Airtel Ltd.
TATA Communications Limited.
Total
Others
Annual Fund Review 38
%
0.85
0.62
0.61
0.43
0.41
0.37
0.34
0.24
0.07
4.47
0.56
0.55
0.38
0.32
6.21
5.31
1.58
1.58
1.09
0.48
1.49
1.48
0.46
0.31
0.25
1.29
1.14
0.75
0.62
0.52
0.49
0.10
1.00
0.88
95.98
4.02
Glossary
Net Asset Value (NAV):
It is defined as the value of one unit of the fund. It is calculated by dividing the total value of all the securities held in the fund portfolio,
less any liabilities, by the number of units in the fund. It is calculated once a day based on the closing market prices of the securities in the
fund's portfolio.
Assets under management (AUM):
The market value of financial assets that an investment company manages on behalf of investors.
Portfolio Holdings:
It refers to the contents of an investment portfolio held by an entity. The contents are the financial instruments like stocks, bonds,
government securities, mutual funds, fixed deposits, corporate deposits, etc. that constitute the fund.
Corporate Debt:
A debt security issued by a corporation and sold to investors. The backing for the bond is usually the payment ability of the company,
which is typically money to be earned from future operations.
Government Securities (Gsec):
A debt security issued by a government to raise the funds necessary to pay for its expenses. This includes short-term Treasury bills,
medium-term Treasury notes, and long-term Treasury bonds.
Benchmark Index:
An index that is regarded as a standard and against which the performance of the fund is measured.
BSE 100:
Stands for Bombay Stock Exchange 100. It refers to the top 100 stocks of various sectors in Bombay Stock Exchange that are
representative for the entire market movement
1. ULIP plans are different from the traditional insurance products and are subject to risk factors.
2. The premiums paid in ULIP policies are subject to investment risks associated with capital markets and the Unit Price of the Units may go up or down
based on performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.
3 . Exide Life Insurance Company Limited is only the name of the Insurance Company and Exide Life Insurance ULIP products are only the name of the
ULIP contract and does not in any way indicate the quality of the contract its future prospects or returns.
4 . Be aware of the associated risks and the applicable charges from your insurance agent or the intermediary or policy document of the insurer.
5 . Investments in ULIPs are subject to market and other risks and there can be no assurance that the objectives of the Unit Linked Funds in the ULIP will
be achieved.
6 . Past performance of the Unit Linked Fund and other Funds of the Company is not indicative of future performance of any of these Funds.
7 . The premiums and funds are subject to certain charges related to the fund or to the premiums paid.
8. The names of the Unit Linked Funds do not in any manner indicate the quality of the Unit Linked Fund or their future prospects or returns.
9. The ULIP does not offer a guaranteed return and risk in investment is borne by the policyholder.
10. The purpose of the Annual Fund Review is only to provide a general Review about the funds available in the ULIP products. Please refer to the policy
terms and conditions of respective products to understand in detail the associated risks, benefits, charges etc.
INDICES provided by CRISIL.“CRISIL Indices are the sole property of CRISIL. CRISIL Indices shall not be copied, transmitted or redistributed in any
manner for any commercial use. CRISIL has taken due care and caution in computation of the Indices, based on the data obtained from sources, which it
considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Indices and is not responsible for any errors or for
the results obtained from the use of the Indices. CRISIL especially states that it has no financial liability whatsoever to the users of CRISIL Indices”.
For more information please contact our nearest Branch Office. Or call us at Toll Free number 1800 419 8228 or visit exidelife.in.
Annual Fund Review 39
Insurance is the subject matter of the solicitation. Exide Life Insurance Company Limited (Formerly known as ING Vysya Life Insurance Company Limited). IRDA
Registration Number: 114, CIN: U66010KA2000PLC028273 Registered and Corporate office: ING Vysya House, 5th Floor, #22, M.G. Road, Bangalore-560001, India. Toll
Free: 1800 419 8228; Visit: exidelife.in.

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