2016 - 2017 - exide life insurance · the key risk management policy adopted is maintaining high...

2016 - 2017

Contents

Annual Fund Review 02

• Exide Life Insurance Fact Sheet 3-4

• Exide Life Insurance Investment Philosophy 5

• Market Review & Outlook for Markets 7-10

• Risk-Return Profile of Funds 11

• Fund Fact Sheet - Exide Life Debt Fund 12-13

• Secure Fund 14-16Fund Fact Sheet - Exide Life

• Fund Fact Sheet - Exide Life Preserve Fund 17-19

• Balance Fund 20-22Fund Fact Sheet - Exide Life

• Active Asset Allocation Fund 23-25Fund Fact Sheet - Exide Life

• Growth Fund 26-29Fund Fact Sheet - Exide Life

• Guaranteed Growth Fund 30-32Fund Fact Sheet - Exide Life

• Prime Equity Fund 33-35Fund Fact Sheet - Exide Life

• Fund Fact Sheet - Exide Life Mid Cap Fund 36-37

• Equity Fund 38-40Fund Fact Sheet - Exide Life

• Guaranteed NAV Fund 41-43Fund Fact Sheet - Exide Life

• Pension Debt Fund 44-45Fund Fact Sheet - Exide Life

• Pension Preserver Fund 46-48Fund Fact Sheet - Exide Life

• Fund Fact sheet - Exide Life Pension Equity Fund 49-51

• Prime Equity Pension Fund 52-54Fund Fact Sheet - Exide Life

• Pension Liquid Fund 55-56Fund Fact Sheet - Exide Life

• Fund Fact Sheet - Exide Life Group Debt Fund 57-58

• Fund Fact Sheet - Exide Life Group Secure Fund 59-61

• Fund Fact Sheet - Exide Life Group Balance Fund 62-64

• Fund Fact Sheet - Exide Life Group Growth Fund 65-66

• Glossary 67


Exide Life Insurance Investment Philosophy

Our policyholders are investing their hard earned money 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 longer-term,

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

Shobit Gupta, Senior Vice President (Investments), Fixed Income, has over 18 years of experience in

Fixed Income and Foreign Exchange markets. 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 and Principal Asset Management Co. He is a Graduate in

Economics, Maths, Statistics, PGDBA from ICFAI Delhi and CFA from ICFAI

Hyderabad and CFA Institute - USA.

SHOBIT GUPTA

Senior Vice President (Investments) - Fixed Income

Shyamsunder Bhat, Chief Investment Officer (CIO) has an experience of 22 years in fund management.

He joined Exide Life Insurance in September 2010.

Prior to joining Exide Life Insurance, Shyam has worked with two mutual fund companies -

initially as a part of the start-up team in 1994 at Tata Asset Manage-

ment Ltd. for 10 years (1994- 2004), followed by Principal PNB Asset

Management, where he then worked for more than 6 years (2004-

2010).

Shyam is an Electrical Engineer from VJTI (Mumbai) and a post-graduate in

Management (M.M.S. Finance) from Narsee Monjee Institute of Management

Studies (Mumbai).

SHYAMSUNDER BHATChief Investment Officer(CIO)

Pranav Parekh Sumeet Hinduja

Fund Manager - Fixed Income portfolio Fund Managers - Equity portfolio

Risk ControlRisk 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/CNX500 index, and predominantly from within the BSE-200 index. The portfolio is

well-diversified 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.


India’s GDP growth decelerated in FY17 to 7.1% yoy, lower than 7.9% and 7.2% in the prior two years. The growth in FY17 was driven primarily by Government consumption, activities linked to the infrastructure sector and services. GVA also went down from 7.9% to 6.6% yoy. The sharp deceleration in fixed capital formation is a concern. The fiscal deficit for FY17 was within the targeted 3.5% (from 3.9% in Fy16), and is projected to reduce further to 3.2% in Fy18. GDP and GVA are expected to rise further in Fy18, given that FY17 had effect of demonetisation. However the nominal GDP growth is likely to rise to double digits.

On an annual basis, there was a 4.9% in Industrial Production in Fy17 vs 3.4% growth in Fy16. Consumer price inflation averaged 4.5%

in Fy17 vs an average of 4.9% in Fy16. Core inflation during Fy17 stood at 4.0% down from 4.7% in Fy16. Wholesale price inflation

bounced back to positive territory in FY17, with an annual figure of 1.7% for Fy17 (as compared to annual -2.5% in FY16).

India’s trade deficit fell further 11% to US $ 106.5 billion, primarily due to moderate crude prices and appreciating Rupee and it is at

lowest level in last 9 years. The current account deficit narrowed by 32% to US$15bn (0.7% of GDP) in Fy17, and is the lowest since Fy08.

The Indian Rupee strengthened by approximately 1% for the year and the forex reserves rose by 2% to $ 370 billion during the year.


Indian Economy : Review And Outlook

Equity markets review and outlook

After an 8.9% correction during the financial year 2015-2016, the Nifty rallied close to 19% during the financial year 2016-2017. The rally in the equity markets was aided by continuing domestic liquidity in terms of inflows into equities in general (and equity mutual funds in particular), and further fuelled by large FII buying, particularly in March. FIIs invested $8.5bn for the year, which exceeds their investment for 2 full calendar years 2015 and 2016. A prudent Union Budget, better than expected corporate results for the year inspite of the adverse impact of demonetization. a very strong mandate in State Elections and subsequently the passage of the GST Bills in Parliament, were factors influencing the strength in the equity markets. Wholesale Price Inflation turned positive during the year, and this, too, has benefitted the corporate earnings. Better than expected monsoons after two years of consecutive lower rains and implementation of the 7th Pay Commission wage hike recommendations has led to a revival in rural demand compared to weak demand last year.

Global financial markets showed remarkable improvement in its macro data, with manufacturing indices of various countries seeing traction and steady upturn including that of China. The US Federal Reserve did raise interest rates twice in FY17 and is expected to do couple of more rate hikes in FY18. Policymakers in US are expected to gradually make a balance sheet adjustment which was welcomed by the markets globally. The IMF has raised global growth estimates to 3.5% from earlier 3.4% for calendar 2017, with estimates that India would be one of the fastest growing economies projecting it to grow at 7.2% this year.

Inflows in domestic equity funds continued to be strong during most of the year, helped by demonetisation thereby creating surplus liquidity in the banking system and a continuing shift from physical to financial assets. Domestic mutual funds were net buyers to the tune of $ 2.5 bn during FY17, and have remained buyers for last three years. However, after remaining net sellers in FY16, Foreign Institutional Investors (FIIs) turned strong buyers to the tune of $8.5 bn in FY17 given the benign global markets and stable corporate earnings in India inspite of the temporary disruption caused by demonetization. The Indian Rupee appreciated by approximately 1% during the year, after facing a depreciation of over 6% in FY16. Foreign Direct Investment inflows hit an all-time high of $60.1 billion in 2016-17, and this could partly be due to the easing of FDI limits by the Government.


Economic Indicators April, 16 May, 16 Jun, 16 July, 16 Aug, 16 Sept, 16 Oct, 16 Nov, 16 Dec, 16 Jan, 17 Feb, 17 Mar, 17

Trade Balance (US$ billion) (4.9) (6.3) (8.1) (7.7) (7.8) (8.9) (11.1) (13.4) (10.5) (9.6) (7.7) (10.5)

Exports (US$ billion) 20.9 22.2 22.6 21.7 21.6 22.9 23.3 20.1 24.0 22.3 25.5 29.1

Exports (YoY) (5.6) (1.6) 1.1 (6.9) 0.1 4.7 8.8 2.5 6.4 5.1 22.5 27.2

Imports (US$ billion) 25.8 28.4 30.7 29.3 29.3 31.8 34.5 33.5 34.5 31.9 33.2 39.7

Imports (YoY) (23.0) (13.4) (8.5) (19.3) (13.6) (0.9) 10.7 12.0 1.2 10.6 21.2 45.3

363.1 360.2 360.8 365.5 366.8 372.0 367.2 365.3 360.3 361.6 362.8 370.0

Rs/US$1 (period average) 66.4 67.0 67.3 67.2 66.9 66.7 66.7 67.7 67.8 68.1 67.0 65.8

M1 (YoY) 14.4 12.2 13.7 13.6 14.6 20.4 14.8 (12.3) (18.6) (13.7) (10.5) 3.6

M3 (YOY) 10.8 9.9 10.3 10.1 10.0 13.6 10.4 8.5 6.6 6.4 6.5 10.6

9.9 9.6 9.3 8.6 9.1 12.3 8.8 6.5 6.2 4.3 4.3 9.6

Deposit Growth Rate (YoY) 9.4 8.9 9.1 8.3 8.9 12.8 9.2 15.6 15.7 12.7 12.0 15.9

364 day T-Bill Yield 6.9 7.0 6.9 6.8 6.7 6.6 6.5 6.2 6.2 6.3 6.3 6.2

91 day T-Bill Yield 6.8 6.9 6.8 6.6 6.6 6.5 6.4 6.1 6.2 6.2 6.2 5.9

10 yr Government Bond Yield 7.4 7.5 7.5 7.3 7.1 6.9 6.7 6.5 6.4 6.4 6.7 6.8

Industrial Production 6.5 8.0 8.9 5.2 4.9 5.7 4.9 5.7 2.6 3.0 0.8 3.8

Manufacturing (% YOY) 5.5 8.6 8.6 6.3 6.6 6.7 5.9 4.9 0.9 1.9 0.1 2.4

Consumer Durable Goods 13.8 14.7 9.5 4.8 12.2 14.3 5.3 10.9 (4.3) (5.0) (8.0) (3.9)

Primary Goods 12.6 4.6 8.2 4.2 (1.0) 2.2 5.2 5.5 7.4 3.8 0.8 5.9

Capital Goods 8.1 13.9 14.3 8.3 0.6 (7.5) (4.7) 5.4 (6.1) (0.2) (2.0) 9.6

Intermediate Goods 0.0 4.5 6.2 2.4 4.6 1.8 4.7 5.7 2.1 3.3 2.2 2.8

Consumer Price Index (YoY) 5.5 5.8 5.8 6.1 5.0 4.4 4.2 3.6 3.4 3.2 3.7 3.9

(1.1) (0.9) (0.1) 0.6 1.1 1.4 1.3 1.8 2.1 4.3 5.5 5.1

Macro-economic Indicators:

The Macro Economic Indicators for the last 12 months are as shown:

Wholesale Price Index(YoY - All commodities)

Foreign Exchange Reserves (US$ billion)

Bank Loans (Non-food credit, YOY)



Indices March 31,2017

1-MonthChange

3-MonthChange

6-MonthChange

1-YearChange

BSE Sensex (INR) 29620.50 3.05% 11.24% 6.30% 16.88%

BSE 100 (INR) 9494.36 3.30% 13.21% 7.11% 21.17%

Nifty (INR) 9173.75 3.31% 12.07% 6.53% 18.55%

CNX Midcap (INR) 17197.15 4.35% 19.83% 11.57% 34.85%

MSCI Europe # 128.93 2.96% 5.25% 11.32% 13.47%

MSCI World # 1853.69 0.82% 5.85% 7.42% 12.47%

MSCI Emerging Mkt # 958.37 2.35% 11.15% 6.08% 14.53%

While the earning results have yet to see any meaningful improvement in FY17, the results for the March 2017 quarter showed the initial signs of an uptrend, and this is expected to gather pace during the next financial year. FY17 began with hopes of an ever-elusive earnings recovery, backed by a consumption growth from an expected good monsoon, 7th Pay Commission implementation and improvements in macro-indicators. However, continued weakness in private capex cycle, absence of a broader pick-up in consumption and non-resolution of NPA issues in the banking sector played a spoilsport. Additionally, events like demonetization changed the setting mid-way, leading to a flattish earnings performance. India has a relative advantage over most other countries in terms of higher growth, reasonable deficits and a slower depreciation in the currency; and the revival in corporate earnings growth is likely to result in a better performance from equity markets in the next financial year. Global events which could influence our markets over the next few quarters include the pace of interest rate hikes by the US Federal Reserve, new US policies on taxation/outsourcing, followed by the trend in the US dollar vs global currencies. Concerns could stem from rising valuations and any global risk-off sentiment during the year, though India is likely to continue to be viewed favourably on a relative basis which could result in the downside being limited.

The equity market performance for various periods ending March 31st, 2017 is shown in the table below.

Performance of various equity indices during the year is shown in the graph below:


# Changes in the index value are based on conversion to Rupee terms

Equity Indices

CNX Midcap MSCI Emerging Markets MSCI World Nifty

Index

Valu

es

(Rebase

d to 1

00)

May

-16

Mar-1

7

Mar-1

6

Apr-16

Jun-

16

Jul-1

6

Aug-

16

Sep-

16

Oct-1

6

Nov-1

6

Dec-1

6

Jan-

17

Feb-

17

90

100

110

120

130

140

150

80

Debt Market Review and Outlook

The Year FY17 started with a positive note on Union Budget sticking to its path of Fiscal Consolidation. CPI moderated to 4.8% in March from 5.3% in February, driven by lower food and fuel price inflation. This helped RBI to cut Repo rate by 25bps to 6.50% and take steps to boost liquidity. FII inflows were moderate on account of perception of risk from the BREXIT vote in UK & an impending second hike in interest rates by the Federal Reserve in the US.

With falling CPI inflation,10y Gsec yields also started easing from 7.46% in March to 6.79% in October. There were events such as the appointment of the new RBI Governor, the demonetization and the US Presidential election which resulted in some degree of volatility in the market. A Monetary Policy Committee (MPC) was formed to manage the monetary policy, which did cut repo rates by 25bps to 6.25% on easing inflation. 10y AAA PSU corporate bond spreads hovered in the range of 55-65bps. Post the US Presidential election and the rise in global yields, the spreads rose towards 80bps.

Post demonetization, growth fears and lower inflation expectations led to a 50 bps rally in bonds with 10y Gsec yield falling to 6.25% on expectation of further rate cuts. This movement was witnessed even after FIIs pulling out $6-7bln. However, RBI disappointed the market by keeping rates unchanged, accompanied by a hawkish commentary. This development, accompanied by a rise in global bond yields, caused a selloff in domestic bond market and yields rose from a year low of 6.18% to 6.60% within a month. The US Federal Reserve hiked rates by 25bps as expected, on stronger economic growth and better labour market. This was an indicator of the end of monetary stimulus globally.


The key debt market indicators are highlighted below :

Key Indicators

Indicator Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17

Inflation 1.65% 10.36% 9.68% 7.69% 5.65% 5.70% 5.25% 4.83% 3.89%

NSE MIBOR 5.02% 5.47% 9.24% 11.99% 8.98% 8.53% 8.35% 9.00% 7.37%

91 Day Bill 4.50% 4.33% 7.31% 9.02% 8.02% 8.83% 7.94% 7.12% 5.78%

364 Day T Bill 5.50% 5.12% 7.64% 8.40% 7.79% 8.78% 7.72% 7.06% 6.10%

5 year G Sec 6.76% 7.50% 7.95% 8.60% 7.96% 8.86% 7.75% 7.43% 6.76%

10 year G Sec 7.01% 7.83% 7.99% 8.54% 7.96% 8.80% 7.74% 7.46% 6.68%

3 month CP P1+ 8.00% 6.00% 6.00% 10.75% 9.22% 9.65% 8.76% 8.67% 6.61%

6 month CP P1+ 10.25% 8.80% 6.50% 6.50% 10.63% 9.27% 8.68% 8.75% 6.96%

1 year CP P1+ 10.00% 9.50% 7.25% 7.25% 10.88% 9.30% 8.71% 8.80% 7.24%

1 year AAA 9.90% 7.95% 6.70% 9.55% 9.86% 8.90% 8.40% 7.85% 6.80%

3 year AAA 9.45% 8.14% 7.90% 9.35% 9.67% 8.87% 8.34% 8.00% 7.23%

5 year AAA 9.45% 8.51% 8.50% 9.23% 9.55% 8.83% 8.31% 8.12% 7.40%

10year AAA 8.74% 8.80% 9.12% 9.49% 8.81% 9.60% 8.31% 8.31% 7.65%

India’s external position has improved the twin deficit (Current Account Deficit and Trade Deficit). With Forex reserves rising to more than 361$billion, it provides the necessary cushion to the Indian Rupee (INR). India has successfully managed to fund the $30 bn dollar FCNR redemption while keeping the INR largely stable, despite the huge volatility in the international markets.

Fy17 commenced with uncertain global events, but was an eventful one for fixed income. The 10-year benchmark gilt yield moved from 7.46% to 6.68% and the 10-year corporate bond spreads widened from 55bps to 82bps during the year. Though Q4 FY17 GDP growth ended with 6.1% partially due to the full reflection of the demonetization impact, there is an expectation that the GDP growth would recover back to 7-7.5% in FY18. CPI is expected to end FY18 in the range 3.5-4.5% as per RBI expectations.

Given the structurally lower inflation, controlled fiscal deficit, higher liquidity and lower credit offtake and expectation of a 25-50bps rate cut during Fy18, we could continue to be in a falling interest-rate scenario in the current financial year, subject to global hurdles like Fed rate hike, rising oil prices and geopolitical tensions.


Performance of Debt Indices during the year is shown in the graph below:

Debt Indices

Index

Valu

es(

Rebase

d t

o 1

00)

Crisil Bond Index 10 Yr Gsec Yield

6.0%

6.5%

7.0%

7.5%

8.0%

(Yie

ld)

100

105

110

115

120

Mar-1

7

Mar-1

6

Apr-16

May

-16

Jun-

16

Jul-1

6

Aug-

16

Sep-

16

Oct-1

6

Nov-1

6

Dec-1

6

Jan-

17

Feb-

17

*Available for existing customers only subject to product terms and conditions

High Risk

Low Risk

Medium Risk

Return

Ris

k

Exide Life Preserver Pension*

Exide Life Debt Pension Fund*

Exide Life Debt Fund*

Exide Life Liquid

Pension*

Exide LifeSecureFund

Exide LifeBalanceFund

Exide LifeGuaranteedNAV Fund

Exide LifeGrowthFund

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 Active

AssetAllocation

Fund

Exide Life Prime Equity Fund

Exide Life Equity Pension Fund*

Exide Life Equity Fund*

Exide Life Prime Equity Pension Fund*

Exide LifePreserver Fund

Exide Life Midcap Fund


Fund Profile: The fund seeks to generate income through aninvestment mix of high quality bonds and money market instruments.

SFIN No: ULIF00218/10/04DEBT114

Launch Date: November 02, 2004

Net Asset Value (NAV) as on 31 Mar. 2017: ₹27.1639

Assets Under Management (AUM): ₹324.16 mn

Equity : ₹Debt : ₹327.45 mnNet Current Assets : ₹(3.29) mn

Fund Manager:

Debt : Mr.Pranav Parekh

Fund Performance

Period Fund Return Benchmark*

1 Month 1.24% 1.29%6 Months 2.94% 3.36%1 Year 11.52% 11.09%2 Years 9.67% 9.66%3 Years 11.77% 11.27%Since Inception 8.38% 7.29%

*Benchmark : Crisil Composite Bond Index (100%).Returns over one year are compoundedannualised and fund returns are net of charges.

Movement of NAV

Asset Allocation (As on Mar 31st, 2017)

Modified Duration of Debt and Money Market Instruments 6.3 YearsOthers include Money Market Instruments and Net Current Assets

Asset Allocation (As approved by IRDAI)

Rating Profile of Debt Instruments

Sector Allocation

Mar 2017 13 20 2726.6

26.8

27.0

27.2

Unit Price

Corporate Debt: 30.09%

Gsec: 65.52%

Others: 4.39%

Fund Type %

Debt and Debt related Instruments 100%

AAA: 31.47%

SOVEREIGN: 68.53%

Equity Sector Al location %

Others

Debt Sector Al location %

Infrastructure finance 50.08Electricity gas steam and air conditioning supply 29.78Civil engineering 9.52Financial & insurance 5.44Housing 5.18

Exide Life Debt Fund


http://www.exidelife.in

Portfolio Holdings

Corporate Debt-Holdings A m t ( m n ) % AUM

8.93 PGCIL 20Oct2026 23.92 7.38%8.65% PFC 28Dec2024 19.06 5.88%8.30% Rural Electrification Corporation Ltd 10Apr2025 14.56 4.49%9.15% LARSEN & TOUBRO LTD 05012019 9.28 2.86%8.03% PFC 02May2026 (PUT 01May2021) 5.13 1.58%8.13% PGCIL 23April2021 5.12 1.58%7.83%IRFC 21MAR2027 5.08 1.57%9.20% HDFCL 08102017. 5.06 1.56%7.63% PFC 14Aug2026 5.01 1.54%9.50 % State Bank of India 2025 ( Call 04 Nov 2020) 3.29 1.01%9.66% TATASONS 13092017 2.02 0.62%Total 97.53 30.09%

G-Sec Holdings A m t ( m n ) % AUM

7.73% Gol Sec 19122034 38.78 11.96%6.79% GSEC 26Dec2029. 26.45 8.16%8.27% GOI Sec 09June2020 20.96 6.47%8.83% Gsec 25NOV2023 20.83 6.43%9.23 GOI 23122043 20.26 6.25%7.75% Karnataka SDL 01Mar2027 20.25 6.25%7.88% GSec 19Mar2030 15.15 4.67%7.73 RJ SDL 01Mar2027 15.14 4.67%7.61 RJ SDL 29032027 10.01 3.09%7.59% GSec 20Mar2029 8.53 2.63%7.80% GOI 11APR2021. 5.19 1.60%8.53 % GSEC SDL(Assam)24022020 4.67 1.44%7.72% G Sec 26Oct2055 3.10 0.96%8.58 % GSEC SDL(Uttarkhand) 13042020 2.60 0.80%8.13 % GOI 22Jun2045 0.47 0.15%Total 212.4 65.52%

Money Market A m t ( m n ) % AUM

L&T Liquid Fund Direct Plan Growth 7.52 2.32%HDFC Liquid Fund Direct Plan Growth Option 5.00 1.54%Kotak Liquid Regular Plan Growth Direct 5.00 1.54%Total 17.52 5.4%Net Current Assets (3.29) (1.01) %Total 324.16 100.00

Exide Life Debt Fund



Fund Profile: The fund seeks to achieve long term moderate capitalgrowth through an investment mix of upto 20% equity and thebalance in high quality bonds and money market instruments.

SFIN No: ULIF00418/10/04SECURE114




Equity : ₹40.91 mnDebt : ₹265.92 mnNet Current Assets : ₹10.95 mn

Fund Manager:

Equity : Mr.Mahesh Sarda


Fund Performance



*Benchmark : Crisil Composite Bond Index (85%) and Nifty 50 (15%) .Returns over one yearare compounded annualised and fund returns are net of charges.

Movement of NAV


Modified Duration of Debt and Money Market Instruments 6.14YearsOthers include Money Market Instruments and Net Current Assets



Sector Allocation

Mar 2017 13 20 2728.2

28.4

28.6

28.8

29.0

Unit Price

Equity: 12.87%


Gsec: 48.04%

Others: 8.70%

Fund Type %

Equity 10% to 20%Debt 0% to 90%Money Market 0% to 20%

AAA: 38.75%

SOVEREIGN: 61.25%


Financial & insurance 32.02Computer programming consultancy and related activities 12.56Pharmaceuticals 6.63Manufacture of coke and refined petroleum products 6.40Civil engineering 6.12Manufacture of other transport equipment 5.43Manufacture of motor vehicles trailers and semitrailers 4.00Manufacture of tobacco products 3.62Manufacture of chemicals and chemical products 2.68Manufacture of electrical equipment 2.60Others 17.93


Infrastructure finance 38.94Electricity gas steam and air conditioning supply 31.94Financial & insurance 10.68Water transport 9.82Civil engineering 8.62

Exide Life Secure Fund



Portfolio Holdings

Equity-Holdings A m t ( m n ) % AUM

HDFC Bank Ltd 3.05 0.96%Infosys Ltd 2.64 0.83%Reliance Industries Ltd 2.61 0.82%ICICI Bank Ltd 2.56 0.81%Larsen & Toubro Ltd 1.88 0.59%ITC Ltd 1.48 0.47%Tata Motors Ltd 1.46 0.46%Mahindra & Mahindra Ltd 1.41 0.44%Housing Development Finance Corporation Ltd 1.37 0.43%Bajaj Finance Limited 1.14 0.36%State Bank of India 1.05 0.33%Sun Pharmaceutical Industries Ltd 0.97 0.31%Bank of Baroda 0.93 0.29%Oil & Natural Gas Corporation Ltd 0.89 0.28%Crompton Greaves Consumer Electricals Limited. 0.81 0.26%Axis Bank Ltd 0.75 0.24%Tata Consultancy Services Ltd 0.77 0.24%Bharti Airtel Ltd 0.69 0.22%Hindustan Unilever Ltd 0.64 0.20%MindTree Ltd 0.64 0.20%Ncc Ltd 0.62 0.20%Glenmark Pharmaceuticals Ltd 0.60 0.19%Adani Port & Sez Ltd 0.58 0.18%Alembic Pharmaceuticals Limited 0.56 0.18%Yes Bank Ltd 0.57 0.18%Ultratech Cement Ltd 0.55 0.17%Coal India Ltd 0.51 0.16%Hero Motocorp Ltd. 0.47 0.15%The Ramco Cements Limited 0.48 0.15%Voltas Ltd 0.48 0.15%Mahindra & Mahindra Financial Services Limited 0.47 0.15%Punjab National Bank 0.41 0.13%Union Bank Of India 0.41 0.13%Gail (India) Ltd 0.40 0.13%Bharat Heavy Electricals Ltd 0.37 0.12%VRL Logistics Ltd 0.36 0.11%Rural Elec Corp. Ltd 0.34 0.11%Sintex Industries Ltd. 0.36 0.11%Persistent Systems Ltd 0.32 0.10%NBCC (India) Limited 0.31 0.10%KEC International Limited 0.31 0.10%Bharat Electronics Ltd 0.32 0.10%Aurobindo Pharma Limited 0.30 0.09%Hcl Technologies Ltd 0.28 0.09%Hathway Cable & Datacom Limited. 0.27 0.08%Bajaj Electricals Ltd 0.25 0.08%Asian Paints Ltd 0.24 0.08%Lupin Ltd. 0.27 0.08%Tech Mahindra Ltd 0.25 0.08%Wipro Ltd 0.24 0.08%Colgate Palmolive India Ltd 0.21 0.07%Texmaco Rail & Engineering Limited 0.18 0.06%Maruti Suzuki India Ltd 0.18 0.06%Infrastructure Development Finance Company Ltd 0.16 0.05%IDFC Bank Ltd 0.17 0.05%Eicher Motors Limited 0.13 0.04%Tata Steel Ltd 0.10 0.03%




Kotak Mahindra Bank Ltd 0.05 0.02%Indusind Bank Ltd 0.02 0.01%Bosch Ltd 0.02 0.01%Cipla Ltd 0.01 0.00%Bharti Infratel Ltd 0.00 0.00%Bharat Petroleum Corporation Ltd 0.01 0.00%Acc Ltd 0.00 0.00%Ambuja Cements Ltd 0.00 0.00%Bajaj Auto Ltd 0.01 0.00%Hindalco Industries Ltd 0.01 0.00%Grasim Industries Ltd 0.01 0.00%Dr. Reddys Lab Ltd 0.01 0.00%Ntpc Limited 0.01 0.00%Power Grid Corpn. Of India Ltd 0.01 0.00%Zee Entertainment Enterprises Ltd 0.00 0.00%Tata Power Co. Ltd 0.00 0.00%Total 40.91 12.87%


7.52% Rural Electrification Corporation Ltd 07Nov2026 14.91 4.69%8.93% PGCIL 20OCT2029 11.04 3.48%7.75% PFC 22Mar2027 10.20 3.21%9.60% GE SHIPPING 1011 2019 9.48 2.98%8.65% PFC 28Dec2024 7.41 2.33%7.58% NTPC 23Aug2026 6.99 2.20%8.93 PGCIL 20Oct2026 5.44 1.71%8.95% LARSEN & TOUBRO LTD 26052020. 5.23 1.65%8.50% EXIM Bank 26April2023 5.23 1.65%7.71% NABARD 17Mar2032 5.08 1.60%7.83%IRFC 21MAR2027 5.08 1.60%8.13% PGCIL 23April2021 4.10 1.29%9.30% PGCIL 04Sep2024 3.28 1.03%9.15% LARSEN & TOUBRO LTD 05012019 3.09 0.97%Total 96.57 30.39%


7.61% Gsec 09May30 33.15 10.43%7.75% Karnataka SDL 01Mar2027 20.25 6.37%7.71 GUJARAT SDL 01Mar2027 20.21 6.36%7.59% GSec 20Mar2029 17.37 5.46%8.60% GOI 02June2028 12.87 4.05%9.20 G Sec 30 Sept2030 11.55 3.63%7.73 RJ SDL 01Mar2027 10.09 3.18%8.28% GOI 21092027 9.67 3.04%7.88% GSec 19Mar2030 5.23 1.64%8.27% Gujarat SDL 13Jan2026 5.19 1.63%8.17% G Sec 01Dec2044 4.85 1.53%8.53 % GSEC SDL(Assam)24022020 2.25 0.71%Total 152.67 48.04%


L&T Liquid Fund Direct Plan Growth 6.67 2.10%HDFC Liquid Fund Direct Plan Growth Option 5.00 1.57%Kotak Liquid Regular Plan Growth Direct 5.00 1.57%Total 16.67 5.25%Net Current Assets 10.95 3.45 %Total 317.77 100.00




Fund Profile: The fund seeks to generate income by investing in adiversified portfolio of debt and money market instruments of varyingmaturities.

SFIN No: ULIF01016/12/09PRESERVER114

Launch Date: January 01, 2010



Equity : ₹Debt : ₹964.11 mnNet Current Assets : ₹34.70 mn

Fund Manager:


Fund Performance




Movement of NAV


Modified Duration of Debt and Money Market Instruments 5.8 YearsOthers include Money Market Instruments and Net Current Assets



Sector Allocation

Mar 2017 13 20 2719.4

19.5

19.6

19.7

19.8

19.9

20.0

Unit Price


Gsec: 56.28%

Others: 9.61%

Fund Type %

Debt 75% to100%

Money Market 0% 25%

AAA: 37.74%

SOVEREIGN: 62.26%


Others


Infrastructure finance 50.19Housing 14.47Warehousing and support activities for transportation 13.97Financial & insurance 11.95Civil engineering 8.19Water transport 1.24

Exide Life Preserver Fund



Portfolio Holdings


10.40% Reliance Ports And Terminals Limited 18072021 47.57 4.76%8.65% PFC 28Dec2024 39.17 3.92%7.63% PFC 14Aug2026 31.04 3.11%7.71% NABARD 17Mar2032 30.49 3.05%9.70% HDFC 07062017 25.12 2.52%9.15% LARSEN & TOUBRO LTD 05012019 24.76 2.48%7.54% Rural Electrification Corporation Ltd 30Dec2026 22.90 2.29%9.07% REC 28022018 22.42 2.25%8.03% PFC 02May2026 (PUT 01May2021) 17.46 1.75%9.55% HDFC 19062017 17.09 1.71%8.11% REC Ltd 07Oct25 15.45 1.55%7.83%IRFC 21MAR2027 15.25 1.53%9.66% TATASONS 13092017 8.09 0.81%8.30% Rural Electrification Corporation Ltd 10Apr2025 7.28 0.73%9.20% HDFCL 08102017. 7.08 0.71%9.60% GE SHIPPING 1011 2019 4.22 0.42%8.95% LARSEN & TOUBRO LTD 26052020. 3.14 0.31%0.00 % NABARD 01012018. 1.90 0.19%9.50 % State Bank of India 2025 ( Call 04 Nov 2020) 0.23 0.02%Total 340.66 34.11%


7.73% Gol Sec 19122034 120.20 12.03%7.88% GSec 19Mar2030 90.92 9.10%7.75% Karnataka SDL 01Mar2027 75.92 7.60%6.79% GSEC 26Dec2029. 56.34 5.64%8.27% GOI Sec 09June2020 26.20 2.62%8.83% Gsec 25NOV2023 25.22 2.52%7.61 RJ SDL 29032027 25.04 2.51%7.73 RJ SDL 01Mar2027 24.22 2.42%7.59% GSec 20Mar2029 23.75 2.38%8.17% G Sec 01Dec2044 19.39 1.94%8.15 GOI Security 24112026 18.98 1.90%7.61% Gsec 09May30 18.64 1.87%7.80% GOI 11APR2021. 12.45 1.25%8.46% Gujarat SDL 10Feb2026. 7.36 0.74%9.23 GOI 23122043 5.96 0.60%8.58 % GSEC SDL(Uttarkhand) 13042020 3.64 0.36%7.72% G Sec 26Oct2055 3.10 0.31%8.13 % GOI 22Jun2045 2.43 0.24%8.23% Goi Sec 12022027 (Food Bond). 0.37 0.04%7.40% GoI Sec 09092035 0.30 0.03%10.25% GoI Sec30052021 0.17 0.02%12.60% GoI Sec 23112018. 0.22 0.02%5.69% GoI Sec 25092018. 0.25 0.02%6.17% GoI Sec 12062023 0.22 0.02%6.30% GoI Sec 09042023. 0.24 0.02%7.95% GoI Sec 28082032 0.21 0.02%8.15% GoI FOOD BOND 16102022. 0.15 0.02%8.30% GOI Fert Bond 2023 0.10 0.01%7.46% GSEC 2017 0.09 0.01%Total 562.08 56.28%





Fund Profile: The fund seeks to achieve long term capital growththrough an investment mix of upto 40% equity and the balance inhigh quality bonds and money market instruments.

SFIN No: ULIF00118/10/04BALANCE114





Fund Manager:



Fund Performance



*Benchmark : Crisil Composite Bond Index(70%) and Nifty 50 (30%).Returns over one yearare compounded annualised and fund returns are net of charges.

Movement of NAV





Sector Allocation

Mar 2017 13 20 2729.8

30.0

30.2

30.4

30.6

30.8

Unit Price

Equity: 26.50%


Gsec: 42.03%

Others: 7.13%

Fund Type %

Equity 20% 40%Debt 0% 80%Money Market 0% 20%

AAA: 36.68%

SOVEREIGN: 63.32%


Financial & insurance 32.05Computer programming consultancy and related activities 12.68Pharmaceuticals 6.83Manufacture of coke and refined petroleum products 6.27Civil engineering 5.66Manufacture of motor vehicles trailers and semitrailers 5.12Manufacture of other transport equipment 4.01Manufacture of tobacco products 3.90Manufacture of chemicals and chemical products 2.83Manufacture of electrical equipment 2.41Others 18.24


Infrastructure finance 37.79Electricity gas steam and air conditioning supply 37.39Financial & insurance 24.82

Exide Life Balanced Fund



Portfolio Holdings


HDFC Bank Ltd 14.26 1.96%ICICI Bank Ltd 12.34 1.70%Reliance Industries Ltd 12.04 1.66%Infosys Ltd 11.77 1.62%Larsen & Toubro Ltd 8.52 1.17%ITC Ltd 7.51 1.03%Housing Development Finance Corporation Ltd 6.15 0.85%Tata Motors Ltd 5.85 0.81%State Bank of India 5.44 0.75%Mahindra & Mahindra Ltd 5.33 0.73%Sun Pharmaceutical Industries Ltd 4.70 0.65%Bajaj Finance Limited 4.74 0.65%Bank of Baroda 4.61 0.63%Oil & Natural Gas Corporation Ltd 4.13 0.57%Tata Consultancy Services Ltd 4.05 0.56%Maruti Suzuki India Ltd 4.01 0.55%Bharti Airtel Ltd 3.11 0.43%Crompton Greaves Consumer Electricals Limited. 3.10 0.43%Axis Bank Ltd 3.08 0.42%Yes Bank Ltd 3.03 0.42%Hindustan Unilever Ltd 2.95 0.41%MindTree Ltd 2.93 0.40%Glenmark Pharmaceuticals Ltd 2.79 0.38%Adani Port & Sez Ltd 2.59 0.36%Alembic Pharmaceuticals Limited 2.60 0.36%Ncc Ltd 2.38 0.33%Mahindra & Mahindra Financial Services Limited 2.26 0.31%Voltas Ltd 2.29 0.31%The Ramco Cements Limited 2.20 0.30%Coal India Ltd 2.21 0.30%Bharat Heavy Electricals Ltd 2.03 0.28%Ultratech Cement Ltd 2.03 0.28%Punjab National Bank 2.04 0.28%Gail (India) Ltd 1.94 0.27%Hcl Technologies Ltd 1.93 0.27%Union Bank Of India 1.74 0.24%VRL Logistics Ltd 1.73 0.24%Rural Elec Corp. Ltd 1.73 0.24%Sintex Industries Ltd. 1.59 0.22%KEC International Limited 1.59 0.22%Lupin Ltd. 1.57 0.22%Bharat Electronics Ltd 1.60 0.22%Bajaj Electricals Ltd 1.54 0.21%NBCC (India) Limited 1.50 0.21%Persistent Systems Ltd 1.45 0.20%Aurobindo Pharma Limited 1.44 0.20%Hathway Cable & Datacom Limited. 1.37 0.19%Hero Motocorp Ltd. 1.33 0.18%Asian Paints Ltd 1.29 0.18%Colgate Palmolive India Ltd 1.19 0.16%Wipro Ltd 1.13 0.16%Tech Mahindra Ltd 1.16 0.16%Texmaco Rail & Engineering Limited 0.96 0.13%IDFC Bank Ltd 0.91 0.13%Zee Entertainment Enterprises Ltd 0.86 0.12%Infrastructure Development Finance Company Ltd 0.84 0.11%Tata Steel Ltd 0.45 0.06%




Kotak Mahindra Bank Ltd 0.20 0.03%Power Grid Corpn. Of India Ltd 0.05 0.01%Ntpc Limited 0.04 0.01%Indusind Bank Ltd 0.09 0.01%Hindalco Industries Ltd 0.05 0.01%Bajaj Auto Ltd 0.04 0.01%Acc Ltd 0.01 0.00%Ambuja Cements Ltd 0.02 0.00%Bharat Petroleum Corporation Ltd 0.02 0.00%Bharti Infratel Ltd 0.01 0.00%Bosch Ltd 0.02 0.00%Cipla Ltd 0.02 0.00%Dr. Reddys Lab Ltd 0.03 0.00%Eicher Motors Limited 0.03 0.00%Grasim Industries Ltd 0.02 0.00%Tata Power Co. Ltd 0.01 0.00%Total 192.56 26.5%


8.50% EXIM Bank 26April2023 31.39 4.32%8.65% PFC 28Dec2024 26.47 3.64%7.58% NTPC 23Aug2026 25.95 3.57%8.93% PGCIL 20OCT2029 22.09 3.04%7.75% PFC 22Mar2027 15.30 2.11%7.52% Rural Electrification Corporation Ltd 07Nov2026 14.91 2.05%9.30% PGCIL 04Sep2024 10.92 1.50%7.83%IRFC 21MAR2027 10.17 1.40%7.71% NABARD 17Mar2032 10.16 1.40%8.13% PGCIL 23April2021 7.17 0.99%9.50 % State Bank of India 2025 ( Call 04 Nov 2020) 2.35 0.32%Total 176.88 24.34%


7.75% Karnataka SDL 01Mar2027 55.68 7.66%7.59% GSec 20Mar2029 53.02 7.30%7.61% Gsec 09May30 44.54 6.13%7.71 GUJARAT SDL 01Mar2027 30.32 4.17%9.20 G Sec 30 Sept2030 29.45 4.05%7.88% GSec 19Mar2030 27.69 3.81%8.27% Gujarat SDL 13Jan2026 25.97 3.57%8.28% GOI 21092027 23.64 3.25%7.73 RJ SDL 01Mar2027 11.10 1.53%8.97% GOI 05Dec2030. 3.97 0.55%Total 305.38 42.03%


HDFC Liquid Fund Direct Plan Growth Option 7.00 0.96%Kotak Liquid Regular Plan Growth Direct 7.00 0.96%L&T Liquid Fund Direct Plan Growth 5.78 0.80%Total 19.78 2.72%Net Current Assets 32 4.41 %Total 726.6 100.00




Fund Profile: The fund seeks provide long term capital appreciationin a risk controlled manner by making clear and dynamic assetallocation choices as between Equities and Bonds.

SFIN No: ULIF01527/12/10ACTASSET114





Fund Manager:

Equity : Mr.Shyamsunder Bhat


Fund Performance



*Benchmark : Crisil Composite Bond Index (50%) and Nifty 50 (50%) .Returns over one yearare compounded annualised and fund returns are net of charges.

Movement of NAV





Sector Allocation

Mar 2017 13 20 2716.4

16.5

16.6

16.7

16.8

16.9

Unit Price

Equity: 54.59%


Gsec: 20.77%

Others: 18.67%

Fund Type %


AAA: 22.32%

SOVEREIGN: 77.68%


Financial & insurance 27.54Computer programming consultancy and related activities 12.32Pharmaceuticals 7.71Manufacture of chemicals and chemical products 7.55Manufacture of coke and refined petroleum products 5.81Civil engineering 5.29Manufacture of motor vehicles trailers and semitrailers 4.91Manufacture of tobacco products 4.78Manufacture of other transport equipment 3.76Telecommunications 2.18Others 18.15


Electricity gas steam and air conditioning supply 59.94Financial & insurance 28.15Warehousing and support activities for transportation 11.91

Exide Life Active Asset Allocation Fund



Portfolio Holdings


Infosys Ltd 33.19 3.55%Housing Development Finance Corporation Ltd 33.11 3.54%HDFC Bank Ltd 25.27 2.70%ITC Ltd 24.37 2.61%Larsen & Toubro Ltd 22.32 2.39%Reliance Industries Ltd 21.47 2.30%State Bank of India 16.97 1.82%Tata Consultancy Services Ltd 15.68 1.68%ICICI Bank Ltd 14.94 1.60%Kotak Mahindra Bank Ltd 13.45 1.44%Maruti Suzuki India Ltd 13.26 1.42%Axis Bank Ltd 12.74 1.36%Asian Paints Ltd 12.64 1.35%Tata Motors Ltd 11.77 1.26%Sun Pharmaceutical Industries Ltd 11.79 1.26%Hindustan Unilever Ltd 10.72 1.15%Zee Entertainment Enterprises Ltd 10.40 1.11%Mahindra & Mahindra Ltd 10.08 1.08%Lupin Ltd. 9.81 1.05%UPL Limited 9.50 1.02%Aurobindo Pharma Limited 8.95 0.96%Hcl Technologies Ltd 8.18 0.88%Coal India Ltd 8.19 0.88%Ultratech Cement Ltd 7.41 0.79%Tata Steel Ltd 7.42 0.79%United Spirits Ltd 6.61 0.71%Bharti Infratel Ltd 6.59 0.70%Voltas Ltd 6.32 0.68%Nestle India Ltd 6.25 0.67%Max Financial Services Ltd. 6.19 0.66%Indian Oil Corporation Ltd 6.13 0.66%Eicher Motors Limited 5.96 0.64%Gail (India) Ltd 5.97 0.64%Indusind Bank Ltd 5.71 0.61%Jubilant Life Sciences Limited 5.19 0.56%Bombay Stock Exchange Ltd 5.00 0.53%Srf Limited 4.74 0.51%Ncc Ltd 4.64 0.50%Yes Bank Ltd 4.62 0.49%Bharti Airtel Ltd 4.55 0.49%Britannia Industries Limited 4.23 0.45%Wipro Ltd 4.22 0.45%Dishman Pharmaceuticals and Chemicals Limited 3.82 0.41%Oil & Natural Gas Corporation Ltd 3.75 0.40%Glenmark Pharmaceuticals Ltd 3.14 0.34%Amara Raja Batteries Ltd 2.86 0.31%Power Finance Corporation Limited 2.85 0.31%Sintex Industries Ltd. 2.59 0.28%KEC International Limited 2.40 0.26%Bharat Petroleum Corporation Ltd 2.03 0.22%Adani Port & Sez Ltd 1.92 0.21%Hero Motocorp Ltd. 1.79 0.19%Power Grid Corpn. Of India Ltd 1.73 0.19%Credit Analysis And Research Limited 1.70 0.18%Sterlite Technologies Ltd 1.56 0.17%Tech Mahindra Ltd 1.56 0.17%Crompton Greaves Consumer Electricals Limited. 1.48 0.16%




City Union Bank Ltd 1.33 0.14%Cipla Ltd 1.18 0.13%Bajaj Finance Limited 1.09 0.12%Bajaj Auto Ltd 0.82 0.09%Dr. Reddys Lab Ltd 0.64 0.07%Ntpc Limited 0.64 0.07%Hindalco Industries Ltd 0.55 0.06%Bosch Ltd 0.55 0.06%Ambuja Cements Ltd 0.43 0.05%Grasim Industries Ltd 0.48 0.05%Tata Power Co. Ltd 0.37 0.04%Acc Ltd 0.22 0.02%Bank of Baroda 0.10 0.01%Total 510.12 54.59%


7.58% NTPC 23Aug2026 16.97 1.82%8.50% EXIM Bank 26April2023 15.69 1.68%9.30% PGCIL 04Sep2024 10.92 1.17%10.40% Reliance Ports And Terminals Limited 18072021 6.64 0.71%8.93% PGCIL 20OCT2029 5.52 0.59%Total 55.74 5.97%


7.61% Gsec 09May30 51.79 5.54%7.59% GSec 20Mar2029 50.72 5.43%7.88% GSec 19Mar2030 41.80 4.47%9.20 G Sec 30 Sept2030 16.74 1.79%8.17% G Sec 01Dec2044 15.62 1.67%8.27% Gujarat SDL 13Jan2026 10.39 1.11%8.28% GOI 21092027 6.98 0.75%Total 194.04 20.77%


Kotak Liquid Regular Plan Growth Direct 48.80 5.22%HDFC Liquid Fund Direct Plan Growth Option 45.00 4.82%L&T Liquid Fund Direct Plan Growth 44.13 4.72%CBLO 03APR2017 33.58 3.59%Total 171.51 18.35%Net Current Assets 3.05 0.32 %Total 934.46 100.00




Fund Profile: The fund seeks to achieve long term acceleratedcapital growth through an investment mix of upto 60% equity andthe balance in high quality bonds and money market instruments.

SFIN No: ULIF00318/10/04GROWTH114





Fund Manager:

Equity : Mr.Sumeet Hinduja


Fund Performance



*Benchmark : Crisil Composite Bond Index(50%) and Nifty 50 (50%) .Returns over one yearare compounded annualised and fund returns are net of charges.

Movement of NAV





Sector Allocation

Mar 2017 13 20 2733.2

33.4

33.6

33.8

34.0

34.2

Unit Price

Equity: 48.56%


Gsec: 24.06%

Others: 4.62%

Fund Type %


AA+: 3.20%

AAA: 45.41%SOVEREIGN: 51.39%


Financial & insurance 31.20Computer programming consultancy and related activities 11.47Manufacture of coke and refined petroleum products 6.84Manufacture of tobacco products 6.79Pharmaceuticals 6.29Manufacture of motor vehicles trailers and semitrailers 6.25Manufacture of other transport equipment 6.12Manufacture of chemicals and chemical products 4.76Civil engineering 3.43Manufacture of other nonmetallic mineral products 2.45Others 14.39


Infrastructure finance 35.07Financial & insurance 25.53Housing 13.01Electricity gas steam and air conditioning supply 9.18Warehousing and support activities for transportation 7.02Water transport 6.66Civil engineering 3.52

Exide Life Growth Fund



Portfolio Holdings


HDFC Bank Ltd 247.82 3.54%ITC Ltd 230.76 3.30%Infosys Ltd 217.18 3.11%Housing Development Finance Corporation Ltd 174.47 2.49%Reliance Industries Ltd 174.33 2.49%ICICI Bank Ltd 140.89 2.01%Larsen & Toubro Ltd 116.40 1.66%Maruti Suzuki India Ltd 92.89 1.33%Kotak Mahindra Bank Ltd 92.13 1.32%Tata Consultancy Services Ltd 90.74 1.30%Sun Pharmaceutical Industries Ltd 86.25 1.23%Tata Motors Ltd 84.57 1.21%Axis Bank Ltd 81.69 1.17%State Bank of India 72.67 1.04%Indusind Bank Ltd 70.90 1.01%Ultratech Cement Ltd 66.12 0.95%Asian Paints Ltd 64.51 0.92%Hindustan Unilever Ltd 62.45 0.89%Mahindra & Mahindra Ltd 57.94 0.83%Hero Motocorp Ltd. 52.84 0.76%Yes Bank Ltd 47.60 0.68%Zee Entertainment Enterprises Ltd 42.30 0.60%Hcl Technologies Ltd 42.05 0.60%Lupin Ltd. 36.93 0.53%Eicher Motors Limited 35.31 0.50%Aurobindo Pharma Limited 35.04 0.50%Ashok Leyland Ltd 34.96 0.50%Coal India Ltd 33.35 0.48%Oil & Natural Gas Corporation Ltd 33.51 0.48%Hathway Cable & Datacom Limited. 32.07 0.46%Nestle India Ltd 31.53 0.45%Ntpc Limited 30.37 0.43%Bajaj Finance Limited 29.37 0.42%Max Financial Services Ltd. 27.46 0.39%Motherson Sumi Systems Ltd 26.40 0.38%Britannia Industries Limited 26.25 0.38%Tech Mahindra Ltd 24.71 0.35%Castrol India Ltd 23.58 0.34%UPL Limited 22.76 0.33%Mahindra Cie Automotive Ltd 22.96 0.33%Hindustan Petroleum Corporation Ltd 21.41 0.31%Voltas Ltd 21.30 0.30%Bharti Infratel Ltd 20.12 0.29%Bharat Electronics Ltd 20.36 0.29%Dishman Pharmaceuticals and Chemicals Limited 19.41 0.28%United Spirits Ltd 19.27 0.28%Srf Limited 19.15 0.27%Power Grid Corpn. Of India Ltd 19.02 0.27%Bombay Stock Exchange Ltd 18.68 0.27%Gail (India) Ltd 18.61 0.27%Jindal Steel & Power Ltd 16.97 0.24%Shree Cements Ltd 17.08 0.24%Equitas Holdings Ltd 15.85 0.23%Glenmark Pharmaceuticals Ltd 14.65 0.21%MindTree Ltd 14.74 0.21%Infrastructure Development Finance Company Ltd 13.75 0.20%City Union Bank Ltd 13.58 0.19%




Bharat Petroleum Corporation Ltd 13.01 0.19%Bharti Airtel Ltd 12.70 0.18%Bharat Forge Ltd 12.34 0.18%Bank of Baroda 12.83 0.18%Indraprastha Gas Ltd 12.85 0.18%KEC International Limited 12.39 0.18%Tata Steel Ltd 12.41 0.18%Grasim Industries Ltd 11.88 0.17%Dr. Reddys Lab Ltd 11.10 0.16%NBCC (India) Limited 11.36 0.16%V Guard Industries Ltd 11.08 0.16%Cipla Ltd 10.40 0.15%Adani Port & Sez Ltd 9.39 0.13%Hindalco Industries Ltd 7.73 0.11%Idea Cellular Ltd. 7.95 0.11%National Aluminium Co. Ltd 6.75 0.10%Total 3396.2 48.56%


10.40% Reliance Ports And Terminals Limited 18072021 111.74 1.60%7.63% PFC 14Aug2026 100.13 1.43%8.30% Rural Electrification Corporation Ltd 10Apr2025 85.29 1.22%9.60% GE SHIPPING 1011 2019 85.36 1.22%9.95% State Bank of India 16Mar2026 (Call 16Mar2021) 54.44 0.78%8.93 PGCIL 20Oct2026 54.36 0.78%9.85% Sundaram Finance Ltd 07052020 53.09 0.76%9.05% State Bank of India(Perpetual Bond) (Call 27 Jan 2020) 52.27 0.75%9.15% IL & FS 02032020. 52.44 0.75%9.20% State Bank of Hyderabad Perpetual Bond 52.51 0.75%9.20 Bank of Baroda Perpetual Bond 09102019 51.82 0.74%8.23 % Rural Electrification Corporation Ltd 23Jan2025 51.78 0.74%7.75% PFC 22Mar2027 49.99 0.71%9.18% TATA SONS LTD 23112020. 43.38 0.62%9.70% IL & FS 22Feb2021 43.01 0.61%9.75% ICICI HOME FINANCE CO. LTD 24042019 41.93 0.60%7.60% HDFC 21122017 sa. 40.25 0.58%0.00% NABARD BHAVISHYA NIRMAN BOND 01082017. 36.21 0.52%8.65% PFC 28Dec2024 35.99 0.51%9.20% HDFCL 08102017. 33.37 0.48%9.66% TATASONS 13092017 31.33 0.45%9.30% PGCIL 04Sep2024 29.50 0.42%9.15% LARSEN & TOUBRO LTD 05012019 28.88 0.41%9.30% LIC HOUSING FINANCE LTD 14092022 26.93 0.39%8.95% LARSEN & TOUBRO LTD 26052020. 27.21 0.39%9.55% HDFC 19062017 27.15 0.39%7.54% Rural Electrification Corporation Ltd 30Dec2026 26.88 0.38%8.13% PGCIL 23April2021 26.64 0.38%8.11% REC Ltd 07Oct25 25.75 0.37%9.70% HDFC 07062017 25.12 0.36%9.19% GE SHIPPING 24122018 20.69 0.30%7.71% NABARD 17Mar2032 20.33 0.29%9.47% PGCIL 31032023 19.10 0.27%8.03% PFC 02May2026 (PUT 01May2021) 18.48 0.26%9.07% REC 28022018 17.33 0.25%8.93% PGCIL 20OCT2029 16.57 0.24%10.60% IRFC 11092018 14.68 0.21%0.00% NATIONAL HOUSING BANK 24122018 ZCBUL 12.42 0.18%10.85% REC 14082018 10.46 0.15%8.97 PFC Ltd 15Jan2018 10.16 0.15%7.52% Rural Electrification Corporation Ltd 07Nov2026 9.94 0.14%9.50 % State Bank of India 2025 ( Call 04 Nov 2020) 8.16 0.12%7.83%IRFC 21MAR2027 6.10 0.09%




0.00 % NABARD 01012018. 2.85 0.04%Total 1592.03 22.76%


8.13 % GOI 22Jun2045 319.26 4.56%7.73% Gol Sec 19122034 154.07 2.20%9.23 GOI 23122043 150.79 2.16%8.24% GoI Sec 15022027. 107.20 1.53%8.28% GOI 21092027 105.78 1.51%7.95% GoI Sec 28082032 104.80 1.50%7.59% GSec 11Jan2026 104.80 1.50%7.75% Karnataka SDL 01Mar2027 90.09 1.29%7.59% GSec 20Mar2029 87.59 1.25%8.83% Gsec 25NOV2023 71.82 1.03%6.79% GSEC 26Dec2029. 58.79 0.84%8.97% GOI 05Dec2030. 52.80 0.75%7.71 GUJARAT SDL 01Mar2027 50.53 0.72%7.73 RJ SDL 01Mar2027 27.75 0.40%7.80% GOI 11APR2021. 25.94 0.37%7.72% G Sec 26Oct2055 25.29 0.36%8.24% Gsec 10Nov2033 23.96 0.34%7.61% Gsec 09May30 23.31 0.33%7.83 GSEC 11Apr2018 21.22 0.30%8.17% G Sec 01Dec2044 15.08 0.22%7.88% GSec 19Mar2030 13.59 0.19%8.27% Gujarat SDL 13Jan2026 10.39 0.15%8.53 % GSEC SDL(Assam)24022020 9.34 0.13%8.15 GOI Security 24112026 7.25 0.10%8.27% GOI Sec 09June2020 5.24 0.07%8.58 GUJARAT SDL 23JAN2023 4.95 0.07%8.60% GOI 02June2028 3.56 0.05%8.67 Maharashtra SDL 24 Feb 2026 3.39 0.05%8.58 % GSEC SDL(Uttarkhand) 13042020 3.64 0.05%6.01% GoI Sec 25032028 0.69 0.01%Total 1682.93 24.06%


Reliance Nippon CPSE Exchange Traded Fund 27.67 0.40%HDFC Liquid Fund Direct Plan Growth Option 15.00 0.21%Kotak Liquid Regular Plan Growth Direct 14.70 0.21%L&T Liquid Fund Direct Plan Growth 11.40 0.16%CBLO 03APR2017 0.30 0.00%Total 69.07 0.99%Net Current Assets 254.05 3.63 %Total 6994.28 100.00




Fund Profile: The fund seeks to achieve long term moderate capitalgrowth while meeting guarantees provided, through an investmentmix of upto 40% equity and the balance in high quality bonds andmoney market instruments.

SFIN No: ULIF00627/11/07GTDGROWTH114





Fund Manager:



Fund Performance


1 Month 0.68%6 Months 3.32%1 Year 8.45%2 Years 6.95%3 Years 8.95%Since Inception 7.25%

Movement of NAV





Sector Allocation

Mar 2017 13 20 2718.80

18.85

18.90

18.95

19.00

19.05

Unit Price

Equity: 10.93%


Gsec: 12.37%

Others: 3.06%

Fund Type %

Debt and Debt related instruments 60%100%Equity and Equity related instruments 0% 40%

AAA: 85.61%

SOVEREIGN: 14.39%


Financial & insurance 35.53Computer programming consultancy and related activities 13.92Manufacture of tobacco products 7.81Manufacture of coke and refined petroleum products 7.66Manufacture of other transport equipment 6.15Manufacture of motor vehicles trailers and semitrailers 5.01Pharmaceuticals 4.43Civil engineering 3.90Manufacture of chemicals and chemical products 3.70Electricity gas steam and air conditioning supply 3.32Others 8.58


Infrastructure finance 36.40Financial & insurance 13.22Housing 13.12Manufacture of coke and refined petroleum products 12.54Electricity gas steam and air conditioning supply 12.41Civil engineering 12.32

Exide Life Guaranteed Growth Fund



Portfolio Holdings


HDFC Bank Ltd 2.68 1.12%Housing Development Finance Corporation Ltd 2.07 0.87%ITC Ltd 2.04 0.85%Infosys Ltd 1.73 0.72%Reliance Industries Ltd 1.53 0.64%ICICI Bank Ltd 1.40 0.59%Tata Consultancy Services Ltd 1.18 0.50%Larsen & Toubro Ltd 1.02 0.43%State Bank of India 0.80 0.33%Axis Bank Ltd 0.72 0.30%Tata Motors Ltd 0.66 0.28%Kotak Mahindra Bank Ltd 0.66 0.28%Maruti Suzuki India Ltd 0.64 0.27%Oil & Natural Gas Corporation Ltd 0.54 0.23%Hindustan Unilever Ltd 0.55 0.23%Mahindra & Mahindra Ltd 0.53 0.22%Indusind Bank Ltd 0.53 0.22%Sun Pharmaceutical Industries Ltd 0.49 0.21%Bharat Petroleum Corporation Ltd 0.47 0.20%Hcl Technologies Ltd 0.45 0.19%Grasim Industries Ltd 0.41 0.17%Yes Bank Ltd 0.41 0.17%Power Grid Corpn. Of India Ltd 0.39 0.16%Bharti Airtel Ltd 0.37 0.15%Bajaj Auto Ltd 0.33 0.14%Hero Motocorp Ltd. 0.33 0.14%Ntpc Limited 0.30 0.13%Dr. Reddys Lab Ltd 0.29 0.12%Wipro Ltd 0.28 0.12%Tata Steel Ltd 0.26 0.11%Eicher Motors Limited 0.23 0.10%Cipla Ltd 0.23 0.10%Zee Entertainment Enterprises Ltd 0.25 0.10%Gail (India) Ltd 0.20 0.08%Ambuja Cements Ltd 0.20 0.08%Bosch Ltd 0.18 0.08%Hindalco Industries Ltd 0.16 0.07%Tata Power Co. Ltd 0.18 0.07%Aurobindo Pharma Limited 0.14 0.06%Acc Ltd 0.12 0.05%Bharti Infratel Ltd 0.13 0.05%Total 26.1 10.93%


0.00% NATIONAL HOUSING BANK 24122018 ZCBUL 23.07 9.66%0.00% NABARD BHAVISHYA NIRMAN BOND 01082017. 22.92 9.60%11.00% IOC 10092018. 22.06 9.24%10.60% IRFC 11092018 22.02 9.22%9.47% PGCIL 31032023 21.83 9.14%9.15% LARSEN & TOUBRO LTD 05012019 21.66 9.07%8.97 PFC Ltd 15Jan2018 20.32 8.51%9.07% REC 28022018 11.21 4.70%10.85% REC 14082018 10.46 4.38%0.00 % NABARD 01012018. 0.32 0.14%Total 175.86 73.64%





7.83 GSEC 11Apr2018 29.55 12.37%Total 29.55 12.37%


Kotak Liquid Regular Plan Growth Direct 1.80 0.75%L&T Liquid Fund Direct Plan Growth 0.24 0.10%Total 2.04 0.85%Net Current Assets 5.26 2.21 %Total 238.81 100.00




Fund Profile: The fund seeks to achieve long term acceleratedcapital growth through a portfolio of equities.

SFIN No: ULIF01116/12/09PRIMEEQU114




Equity : ₹1556.03 mnDebt : ₹98.30 mnNet Current Assets : ₹(17.52) mn

Fund Manager:


Fund Performance



*Benchmark : Nifty 50 (100%).Returns over one year are compounded annualised and fundreturns are net of charges.

Movement of NAV


Modified Duration of Debt and Money Market Instruments YearsOthers include Money Market Instruments and Net Current Assets



NA

Sector Allocation

Mar 2017 13 20 2716.6

16.8

17.0

17.2

17.4

Unit Price

Equity: 95.06%

Others: 4.94%

Fund Type %

Equity: 90% to100%

Debt 0% 10%Money Market 0% 10%


Financial & insurance 25.49Computer programming consultancy and related activities 12.73Pharmaceuticals 7.93Manufacture of chemicals and chemical products 7.75Manufacture of coke and refined petroleum products 6.03Civil engineering 5.46Manufacture of tobacco products 5.05Manufacture of motor vehicles trailers and semitrailers 4.91Manufacture of other transport equipment 4.53Telecommunications 2.18Others 17.95




Portfolio Holdings


Infosys Ltd 105.06 6.42%HDFC Bank Ltd 80.23 4.90%ITC Ltd 78.65 4.80%Larsen & Toubro Ltd 70.02 4.28%Reliance Industries Ltd 69.73 4.26%Housing Development Finance Corporation Ltd 64.47 3.94%ICICI Bank Ltd 51.04 3.12%Tata Consultancy Services Ltd 50.00 3.05%State Bank of India 43.79 2.68%Kotak Mahindra Bank Ltd 40.79 2.49%Maruti Suzuki India Ltd 38.46 2.35%Sun Pharmaceutical Industries Ltd 38.07 2.33%Axis Bank Ltd 37.92 2.32%Tata Motors Ltd 37.88 2.31%Asian Paints Ltd 37.27 2.28%Hindustan Unilever Ltd 35.86 2.19%Zee Entertainment Enterprises Ltd 33.11 2.02%Lupin Ltd. 30.54 1.87%Mahindra & Mahindra Ltd 30.48 1.86%UPL Limited 29.12 1.78%Aurobindo Pharma Limited 28.35 1.73%Coal India Ltd 26.03 1.59%Hcl Technologies Ltd 25.09 1.53%Indusind Bank Ltd 24.79 1.51%Tata Steel Ltd 22.72 1.39%Ultratech Cement Ltd 22.00 1.34%United Spirits Ltd 21.03 1.28%Bharti Infratel Ltd 19.81 1.21%Voltas Ltd 19.55 1.19%Nestle India Ltd 19.44 1.19%Gail (India) Ltd 18.87 1.15%Max Financial Services Ltd. 18.63 1.14%Indian Oil Corporation Ltd 17.54 1.07%Eicher Motors Limited 17.48 1.07%Jubilant Life Sciences Limited 16.78 1.02%Ncc Ltd 14.93 0.91%Srf Limited 14.93 0.91%Bharti Airtel Ltd 14.10 0.86%Yes Bank Ltd 13.92 0.85%Motherson Sumi Systems Ltd 13.71 0.84%Britannia Industries Limited 13.59 0.83%Bombay Stock Exchange Ltd 13.44 0.82%Wipro Ltd 13.29 0.81%Dishman Pharmaceuticals and Chemicals Limited 11.70 0.72%Oil & Natural Gas Corporation Ltd 10.40 0.64%Glenmark Pharmaceuticals Ltd 10.10 0.62%Amara Raja Batteries Ltd 8.35 0.51%Power Finance Corporation Limited 8.33 0.51%Sintex Industries Ltd. 7.64 0.47%Bharat Petroleum Corporation Ltd 6.57 0.40%Adani Port & Sez Ltd 5.91 0.36%KEC International Limited 5.33 0.33%Hero Motocorp Ltd. 5.47 0.33%Credit Analysis And Research Limited 5.07 0.31%Tech Mahindra Ltd 4.58 0.28%Sterlite Technologies Ltd 4.47 0.27%Crompton Greaves Consumer Electricals Limited. 4.40 0.27%City Union Bank Ltd 4.11 0.25%Bajaj Finance Limited 3.20 0.20%Ambuja Cements Ltd 3.18 0.19%




Cipla Ltd 2.86 0.17%Dr. Reddys Lab Ltd 1.77 0.11%Hindalco Industries Ltd 1.85 0.11%Bosch Ltd 1.64 0.10%Bajaj Auto Ltd 1.68 0.10%Grasim Industries Ltd 1.54 0.09%Ntpc Limited 0.98 0.06%Power Grid Corpn. Of India Ltd 0.81 0.05%Tata Power Co. Ltd 0.69 0.04%Acc Ltd 0.57 0.03%Bank of Baroda 0.30 0.02%Total 1556.03 95.06%


HDFC Liquid Fund Direct Plan Growth Option 40.00 2.44%Kotak Liquid Regular Plan Growth Direct 40.00 2.44%L&T Liquid Fund Direct Plan Growth 18.30 1.12%Total 98.3 6.01%Net Current Assets (17.52) (1.07) %Total 1636.81 100.00




Fund Profile: To provide for equity linked market returns withpredominant investment in Midcap companies across sectors.

SFIN No: ULIF01710/03/17MIDCAP114

Launch Date: March 16, 2017




Fund Manager:


Fund Performance


1 Month6 Months1 Year2 Years3 YearsSince Inception 0.09% 1.80%


Movement of NAV





NA

Sector Allocation

16 20 24 289.995

10.000

10.005

10.010

Unit Price

Equity: 27.54%

Others: 72.46%

Fund Type %

Equity 75% 100%Money Market 0% 25%


Infrastructure finance 17.09Manufacture of electrical equipment 16.67Manufacture of chemicals and chemical products 16.64Civil engineering 16.57Financial & insurance 16.57Manufacture of textiles 16.45Others 0.00

Exide Life Mid Cap Fund



Portfolio Holdings


Power Finance Corporation Limited 0.06 4.71%Amara Raja Batteries Ltd 0.06 4.59%UPL Limited 0.06 4.58%Bombay Stock Exchange Ltd 0.06 4.56%Ncc Ltd 0.06 4.56%Srf Limited 0.06 4.53%Total 0.34 27.54%


CBLO 03APR2017 1.20 98.25%Total 1.20 98.25%Net Current Assets (0.32) (25.79) %Total 1.22 100.00

Exide Life Mid Cap Fund




SFIN No: ULIF00514/10/05EQUITY114

Launch Date: February 16, 2006




Fund Manager:


Fund Performance




Movement of NAV





NA

Sector Allocation

Mar 2017 13 20 2726.8

27.0

27.2

27.4

27.6

27.8

28.0

Unit Price

Equity: 98.08%

Others: 1.92%

Fund Type %

Debt and Debt related instruments 0%10%Equity and Equity related instruments 90%100%


Financial & insurance 25.03Computer programming consultancy and related activities 12.87Pharmaceuticals 7.81Manufacture of chemicals and chemical products 7.67Manufacture of coke and refined petroleum products 5.98Civil engineering 5.32Manufacture of tobacco products 5.19Manufacture of motor vehicles trailers and semitrailers 4.96Manufacture of other transport equipment 4.45Information service activities 2.94Others 17.80

Exide Life Equity Fund



Portfolio Holdings


Infosys Ltd 332.79 6.67%ITC Ltd 253.86 5.09%HDFC Bank Ltd 248.23 4.97%Reliance Industries Ltd 219.86 4.40%Larsen & Toubro Ltd 214.69 4.30%Housing Development Finance Corporation Ltd 197.51 3.96%ICICI Bank Ltd 161.37 3.23%Tata Consultancy Services Ltd 160.30 3.21%State Bank of India 131.74 2.64%Kotak Mahindra Bank Ltd 130.63 2.62%Axis Bank Ltd 125.99 2.52%Maruti Suzuki India Ltd 124.57 2.50%Asian Paints Ltd 118.66 2.38%Tata Motors Ltd 118.19 2.37%Sun Pharmaceutical Industries Ltd 117.71 2.36%Hindustan Unilever Ltd 110.19 2.21%Zee Entertainment Enterprises Ltd 102.70 2.06%Lupin Ltd. 95.08 1.90%Mahindra & Mahindra Ltd 93.40 1.87%UPL Limited 88.80 1.78%Aurobindo Pharma Limited 87.97 1.76%Hcl Technologies Ltd 81.44 1.63%Coal India Ltd 79.99 1.60%Indusind Bank Ltd 77.64 1.56%Ultratech Cement Ltd 69.63 1.40%Tata Steel Ltd 69.82 1.40%United Spirits Ltd 64.62 1.29%Bharti Infratel Ltd 64.56 1.29%Gail (India) Ltd 60.77 1.22%Nestle India Ltd 60.32 1.21%Eicher Motors Limited 57.90 1.16%Voltas Ltd 57.47 1.15%Indian Oil Corporation Ltd 54.71 1.10%Jubilant Life Sciences Limited 52.97 1.06%Ncc Ltd 45.52 0.91%Srf Limited 45.53 0.91%Yes Bank Ltd 43.49 0.87%Britannia Industries Limited 43.63 0.87%Bharti Airtel Ltd 43.32 0.87%Bombay Stock Exchange Ltd 42.73 0.86%Motherson Sumi Systems Ltd 42.77 0.86%Max Financial Services Ltd. 41.52 0.83%Wipro Ltd 41.45 0.83%Hathway Cable & Datacom Limited. 41.07 0.82%Dishman Pharmaceuticals and Chemicals Limited 35.96 0.72%Glenmark Pharmaceuticals Ltd 32.25 0.65%Oil & Natural Gas Corporation Ltd 30.85 0.62%Power Finance Corporation Limited 25.52 0.51%Amara Raja Batteries Ltd 25.48 0.51%Sintex Industries Ltd. 23.84 0.48%Adani Port & Sez Ltd 18.33 0.37%Bharat Petroleum Corporation Ltd 18.15 0.36%KEC International Limited 17.45 0.35%Credit Analysis And Research Limited 16.38 0.33%Hero Motocorp Ltd. 14.42 0.29%Sterlite Technologies Ltd 14.48 0.29%Tech Mahindra Ltd 14.23 0.29%Crompton Greaves Consumer Electricals Limited. 14.06 0.28%City Union Bank Ltd 13.65 0.27%Ambuja Cements Ltd 10.33 0.21%




Bajaj Finance Limited 9.99 0.20%Cipla Ltd 7.76 0.16%Hindalco Industries Ltd 6.05 0.12%Dr. Reddys Lab Ltd 5.53 0.11%Bosch Ltd 5.26 0.11%Grasim Industries Ltd 4.79 0.10%Bajaj Auto Ltd 4.14 0.08%Power Grid Corpn. Of India Ltd 2.76 0.06%Ntpc Limited 3.13 0.06%Tata Power Co. Ltd 1.81 0.04%Acc Ltd 1.16 0.02%Bank of Baroda 0.92 0.02%Total 4895.8 98.08%






Fund Profile: The Fund is a simple twoasset product that invests inriskfree moneymarket assets as well as in equity assets. Theinvestor benefits through continuous participation in equity marketreturns and simultaneous downside protection to the extent of 80%of highestattained NAV

SFIN No: ULIF01403/12/10GTDNAV114

Launch Date: December 22, 2010


Guaranteed Net Asset Value (NAV) as on 31 Mar. 2017:₹11.6922



Fund Manager:



Fund Performance


1 Month 1.93%6 Months 4.11%1 Year 11.24%2 Years 4.24%3 Years 8.43%Since Inception 6.23%

Movement of NAV





Sector Allocation

Mar 2017 13 20 2714.3

14.4

14.5

14.6

14.7

Unit Price

Equity: 55.79%Gsec: 37.94%

Others: 6.27%

Fund Type %

Money Market and related instruments : 40%100%Equity that comprise Nifty 50 (NSE CNX S&P Nifty Index : 0% 60%

SOVEREIGN: 100.00%


Financial & insurance 32.07Computer programming consultancy and related activities 13.54Manufacture of coke and refined petroleum products 8.84Manufacture of tobacco products 7.35Manufacture of other transport equipment 5.89Pharmaceuticals 5.40Manufacture of motor vehicles trailers and semitrailers 5.38Manufacture of chemicals and chemical products 4.82Civil engineering 4.00Electricity gas steam and air conditioning supply 2.59Others 10.13

Exide Life Guaranteed NAV Fund



Portfolio Holdings


HDFC Bank Ltd 102.96 4.71%Housing Development Finance Corporation Ltd 91.83 4.20%ITC Ltd 89.56 4.10%Reliance Industries Ltd 83.31 3.81%Infosys Ltd 74.69 3.42%ICICI Bank Ltd 60.95 2.79%Tata Consultancy Services Ltd 49.75 2.28%Larsen & Toubro Ltd 48.74 2.23%Tata Motors Ltd 33.45 1.53%Maruti Suzuki India Ltd 32.09 1.47%Axis Bank Ltd 31.06 1.42%State Bank of India 30.99 1.42%Kotak Mahindra Bank Ltd 26.71 1.22%Hindustan Unilever Ltd 25.52 1.17%Indusind Bank Ltd 23.83 1.09%Mahindra & Mahindra Ltd 23.85 1.09%Sun Pharmaceutical Industries Ltd 20.71 0.95%Oil & Natural Gas Corporation Ltd 19.80 0.91%Asian Paints Ltd 19.71 0.90%Hcl Technologies Ltd 17.85 0.82%Bharti Airtel Ltd 17.03 0.78%Yes Bank Ltd 16.02 0.73%Power Grid Corpn. Of India Ltd 15.84 0.72%Bajaj Auto Ltd 15.17 0.69%Hero Motocorp Ltd. 14.67 0.67%Bharat Petroleum Corporation Ltd 13.65 0.62%Dr. Reddys Lab Ltd 13.55 0.62%Grasim Industries Ltd 13.53 0.62%Lupin Ltd. 13.26 0.61%Tata Steel Ltd 13.01 0.60%Wipro Ltd 12.93 0.59%Cipla Ltd 12.20 0.56%Adani Port & Sez Ltd 11.07 0.51%Ultratech Cement Ltd 11.23 0.51%Zee Entertainment Enterprises Ltd 10.87 0.50%Indian Oil Corporation Ltd 10.76 0.49%Hindalco Industries Ltd 10.21 0.47%Eicher Motors Limited 9.75 0.45%Tech Mahindra Ltd 9.81 0.45%Gail (India) Ltd 9.18 0.42%Ntpc Limited 9.04 0.41%Bosch Ltd 8.37 0.38%Ambuja Cements Ltd 7.31 0.33%Coal India Ltd 6.88 0.31%Tata Power Co. Ltd 6.76 0.31%Bank of Baroda 6.55 0.30%Aurobindo Pharma Limited 6.12 0.28%Acc Ltd 5.49 0.25%Bharti Infratel Ltd 1.39 0.06%Total 1219 55.79%





182 Day T Bill 13July2017 167.11 7.65%364 Day T Bill 22June2017 148.08 6.78%364 Day T Bill 28Sep2017 126.12 5.77%364 Day T Bill 31Aug2017 107.14 4.90%364 Day T Bill 12Oct2017 48.43 2.22%364 Day T Bill 23Nov2017 48.17 2.20%182 Day T Bill 06April2017 39.97 1.83%182 Day T Bill 18May2017 39.70 1.82%364 Day T Bill 27Apr2017 29.86 1.37%364 Day T Bill 01Feb2018 28.52 1.31%364 Day T Bill 26Oct2017 26.07 1.19%364 Day T Bill 11May2017 9.93 0.45%182 Day T Bill 15June2017 9.88 0.45%Total 828.98 37.94%


Kotak Liquid Regular Plan Growth Direct 49.00 2.24%L&T Liquid Fund Direct Plan Growth 48.28 2.21%HDFC Liquid Fund Direct Plan Growth Option 45.00 2.06%CBLO 03APR2017 0.11 0.01%Total 142.39 6.52%Net Current Assets (5.57) (0.25) %Total 2184.8 100.00





SFIN No: ULIF00705/02/08PENDEBT114




Equity : ₹Debt : ₹360.72 mnNet Current Assets : ₹(2.04) mn

Fund Manager:


Fund Performance




Movement of NAV





Sector Allocation

Mar 2017 13 20 2722.0

22.2

22.4

22.6

Unit Price


Gsec: 53.90%

Others: 3.95%

Fund Type %

Debt and Debt related Instruments: 100%

AAA: 43.88%

SOVEREIGN: 56.12%


Others


Infrastructure finance 51.13Electricity gas steam and air conditioning supply 21.97Civil engineering 17.21Financial & insurance 9.70

Exide Life Debt Pension Fund



Portfolio Holdings


8.93 PGCIL 20Oct2026 25.01 6.97%8.30% Rural Electrification Corporation Ltd 10Apr2025 23.92 6.67%8.65% PFC 28Dec2024 23.29 6.49%8.95% LARSEN & TOUBRO LTD 26052020. 15.70 4.38%9.70% IL & FS 22Feb2021 10.75 3.00%9.15% LARSEN & TOUBRO LTD 05012019 10.32 2.88%9.18% TATA SONS LTD 23112020. 9.52 2.65%8.13% PGCIL 23April2021 8.20 2.29%7.63% PFC 14Aug2026 6.01 1.68%8.11% REC Ltd 07Oct25 5.15 1.44%7.71% NABARD 17Mar2032 5.08 1.42%7.83%IRFC 21MAR2027 5.08 1.42%8.03% PFC 02May2026 (PUT 01May2021) 3.08 0.86%9.50 % State Bank of India 2025 ( Call 04 Nov 2020) 0.06 0.02%Total 151.16 42.15%


7.73% Gol Sec 19122034 36.19 10.09%6.79% GSEC 26Dec2029. 35.76 9.97%8.83% Gsec 25NOV2023 22.48 6.27%7.59% GSec 20Mar2029 21.45 5.98%7.75% Karnataka SDL 01Mar2027 20.25 5.64%8.17% G Sec 01Dec2044 10.77 3.00%8.47% Maharashtra SDL 10022026 10.64 2.97%9.23 GOI 23122043 8.94 2.49%7.61 RJ SDL 29032027 8.01 2.23%8.28% GOI 21092027 7.52 2.10%7.80% GOI 11APR2021. 5.19 1.45%7.73 RJ SDL 01Mar2027 3.53 0.98%7.61% Gsec 09May30 2.07 0.58%8.13 % GOI 22Jun2045 0.54 0.15%Total 193.34 53.9%


L&T Liquid Fund Direct Plan Growth 6.21 1.73%HDFC Liquid Fund Direct Plan Growth Option 5.00 1.39%Kotak Liquid Regular Plan Growth Direct 5.00 1.39%Total 16.21 4.52%Net Current Assets (2.03) (0.57) %Total 358.68 100.00

Exide Life Debt Pension Fund



Fund Profile: The fund seeks to generate income by investing in adiversified portfolio of debt and money market instruments of varyingmaturities.

SFIN No: ULIF01216/12/09PNPRESERVR114





Fund Manager:


Fund Performance




Movement of NAV





Sector Allocation

Mar 2017 13 20 2719.4

19.5

19.6

19.7

19.8

19.9

20.0

Unit Price


Gsec: 60.54%

Others: 6.12%

Fund Type %

Debt and Debt related instruments: 100%

AAA: 35.51%

SOVEREIGN: 64.49%


Others


Infrastructure finance 45.94Financial & insurance 27.44Housing 12.50Water transport 7.13Civil engineering 6.99

Exide Life Preserver Pension Fund



Portfolio Holdings


7.71% NABARD 17Mar2032 15.24 5.73%7.52% Rural Electrification Corporation Ltd 07Nov2026 9.94 3.74%9.66% TATASONS 13092017 9.10 3.42%7.63% PFC 14Aug2026 8.01 3.01%8.65% PFC 28Dec2024 7.41 2.79%8.03% PFC 02May2026 (PUT 01May2021) 7.19 2.70%9.60% GE SHIPPING 1011 2019 6.32 2.38%9.55% HDFC 19062017 6.03 2.27%9.15% LARSEN & TOUBRO LTD 05012019 5.16 1.94%9.20% HDFCL 08102017. 5.06 1.90%7.83%IRFC 21MAR2027 4.07 1.53%8.30% Rural Electrification Corporation Ltd 10Apr2025 3.12 1.17%8.95% LARSEN & TOUBRO LTD 26052020. 1.05 0.39%7.75% PFC 22Mar2027 1.02 0.38%Total 88.71 33.34%


7.73% Gol Sec 19122034 22.23 8.36%8.17% G Sec 01Dec2044 19.39 7.29%6.79% GSEC 26Dec2029. 18.62 7.00%7.59% GSec 20Mar2029 13.79 5.18%8.83% Gsec 25NOV2023 13.16 4.95%8.15 GOI Security 24112026 12.37 4.65%7.75% Karnataka SDL 01Mar2027 11.14 4.19%7.72% G Sec 26Oct2055 9.81 3.69%7.73 RJ SDL 01Mar2027 9.08 3.41%7.61 RJ SDL 29032027 7.01 2.63%8.47% Maharashtra SDL 10022026 6.00 2.26%7.61% Gsec 09May30 5.18 1.95%8.46% Gujarat SDL 10Feb2026. 3.45 1.30%8.67 Maharashtra SDL 24 Feb 2026 3.20 1.20%7.80% GOI 11APR2021. 3.11 1.17%8.58 % GSEC SDL(Uttarkhand) 13042020 1.04 0.39%8.23% Goi Sec 12022027 (Food Bond). 0.37 0.14%7.40% GoI Sec 09092035 0.30 0.11%6.30% GoI Sec 09042023. 0.24 0.09%5.69% GoI Sec 25092018. 0.25 0.09%12.60% GoI Sec 23112018. 0.22 0.08%6.17% GoI Sec 12062023 0.22 0.08%7.95% GoI Sec 28082032 0.21 0.08%6.01% GoI Sec 25032028 0.18 0.07%10.25% GoI Sec30052021 0.17 0.06%8.15% GoI FOOD BOND 16102022. 0.15 0.06%8.30% GOI Fert Bond 2023 0.10 0.04%7.46% GSEC 2017 0.09 0.03%Total 161.08 60.54%


Kotak Liquid Regular Plan Growth Direct 2.20 0.83%HDFC Liquid Fund Direct Plan Growth Option 1.07 0.40%L&T Liquid Fund Direct Plan Growth 0.43 0.16%Total 3.7 1.39%Net Current Assets 12.58 4.73 %




Total 266.07 100.00





SFIN No: ULIF00805/02/08PENEQUITY114





Fund Manager:


Fund Performance




Movement of NAV





NA

Sector Allocation

Mar 2017 13 20 2718.4

18.6

18.8

19.0

19.2

Unit Price

Equity: 97.17%

Others: 2.83%

Fund Type %

Money Market and related instruments : 0%15%Equity and Equity related instruments &ndash: 85%100%


Financial & insurance 25.11Computer programming consultancy and related activities 12.78Pharmaceuticals 9.62Manufacture of coke and refined petroleum products 6.06Manufacture of other transport equipment 5.29Civil engineering 5.26Manufacture of motor vehicles trailers and semitrailers 4.48Manufacture of chemicals and chemical products 4.41Manufacture of tobacco products 4.08Manufacture of electrical equipment 2.69Others 20.22

Exide Life Pension Equity Fund



Portfolio Holdings


Infosys Ltd 36.78 6.26%Reliance Industries Ltd 34.57 5.89%ICICI Bank Ltd 25.66 4.37%Larsen & Toubro Ltd 23.82 4.06%ITC Ltd 23.26 3.96%HDFC Bank Ltd 22.94 3.91%Housing Development Finance Corporation Ltd 20.13 3.43%Tata Consultancy Services Ltd 16.29 2.77%Sun Pharmaceutical Industries Ltd 15.47 2.63%Tata Motors Ltd 13.87 2.36%Mahindra & Mahindra Ltd 13.71 2.34%Hero Motocorp Ltd. 12.58 2.14%State Bank of India 12.04 2.05%Maruti Suzuki India Ltd 11.71 1.99%Oil & Natural Gas Corporation Ltd 10.61 1.81%Asian Paints Ltd 10.15 1.73%Coal India Ltd 10.18 1.73%Hindustan Unilever Ltd 9.55 1.63%Bank of Baroda 8.95 1.52%Aurobindo Pharma Limited 8.73 1.49%Yes Bank Ltd 8.20 1.40%Alembic Pharmaceuticals Limited 8.17 1.39%Tata Steel Ltd 8.09 1.38%Axis Bank Ltd 7.83 1.33%Bharti Airtel Ltd 7.80 1.33%Punjab National Bank 7.75 1.32%MindTree Ltd 7.15 1.22%Bharat Heavy Electricals Ltd 7.00 1.19%Lupin Ltd. 6.92 1.18%Glenmark Pharmaceuticals Ltd 6.76 1.15%Crompton Greaves Consumer Electricals Limited. 6.70 1.14%VRL Logistics Ltd 6.42 1.09%Ncc Ltd 6.17 1.05%Sintex Industries Ltd. 6.12 1.04%Bharat Electronics Ltd 5.93 1.01%Bajaj Finance Limited 5.82 0.99%Wipro Ltd 5.73 0.98%Colgate Palmolive India Ltd 5.48 0.93%Adani Port & Sez Ltd 5.20 0.89%Hathway Cable & Datacom Limited. 5.08 0.87%Rural Elec Corp. Ltd 4.96 0.85%Marico Ltd 4.85 0.83%Voltas Ltd 4.85 0.83%Gail (India) Ltd 4.83 0.82%Ultratech Cement Ltd 4.77 0.81%The Ramco Cements Limited 4.60 0.78%IDFC Bank Ltd 4.57 0.78%Indusind Bank Ltd 4.49 0.76%Union Bank Of India 4.45 0.76%V Guard Industries Ltd 4.35 0.74%Bajaj Electricals Ltd 4.30 0.73%Cipla Ltd 4.27 0.73%Infrastructure Development Finance Company Ltd 4.13 0.70%Jindal Steel & Power Ltd 3.95 0.67%Dishman Pharmaceuticals and Chemicals Limited 3.94 0.67%Persistent Systems Ltd 3.86 0.66%KEC International Limited 3.39 0.58%Kotak Mahindra Bank Ltd 3.36 0.57%Texmaco Rail & Engineering Limited 3.13 0.53%Mahindra & Mahindra Financial Services Limited 2.94 0.50%




Hindalco Industries Ltd 2.87 0.49%Credit Analysis And Research Limited 2.43 0.41%Hcl Technologies Ltd 2.24 0.38%Tech Mahindra Ltd 0.90 0.15%Bajaj Auto Ltd 0.76 0.13%Power Grid Corpn. Of India Ltd 0.70 0.12%Dr. Reddys Lab Ltd 0.62 0.11%Ntpc Limited 0.52 0.09%Tata Power Co. Ltd 0.21 0.04%Total 570.54 97.17%


Kotak Liquid Regular Plan Growth Direct 7.00 1.19%HDFC Liquid Fund Direct Plan Growth Option 5.00 0.85%L&T Liquid Fund Direct Plan Growth 3.47 0.59%Total 15.47 2.63%Net Current Assets 1.13 0.2 %Total 587.14 100.00




Fund Profile: The fund seeks to achieve long term acceleratedcapital growth through a portfolio of equities

SFIN No: ULIF01316/12/09PNPRIMEEQU114





Fund Manager:


Fund Performance




Movement of NAV





NA

Sector Allocation

Mar 2017 13 20 2716.4

16.6

16.8

17.0

17.2

Unit Price

Equity: 97.22%

Others: 2.78%

Fund Type %

Equity and Equity related instruments &ndash 90%100%Debt and Debt related Instruments 0% 10%


Financial & insurance 25.15Computer programming consultancy and related activities 12.93Pharmaceuticals 7.90Manufacture of chemicals and chemical products 7.65Manufacture of coke and refined petroleum products 6.06Civil engineering 5.40Manufacture of tobacco products 5.18Manufacture of motor vehicles trailers and semitrailers 4.96Manufacture of other transport equipment 4.68Telecommunications 2.21Others 17.90

Exide Life Prime Equity Pension Fund



Portfolio Holdings


Infosys Ltd 25.37 6.67%ITC Ltd 19.16 5.04%HDFC Bank Ltd 18.71 4.92%Reliance Industries Ltd 16.67 4.38%Larsen & Toubro Ltd 16.51 4.34%Housing Development Finance Corporation Ltd 15.04 3.95%ICICI Bank Ltd 12.18 3.20%Tata Consultancy Services Ltd 12.08 3.18%State Bank of India 10.34 2.72%Kotak Mahindra Bank Ltd 10.05 2.64%Axis Bank Ltd 9.55 2.51%Maruti Suzuki India Ltd 9.36 2.46%Asian Paints Ltd 9.16 2.41%Sun Pharmaceutical Industries Ltd 9.06 2.38%Tata Motors Ltd 8.97 2.36%Hindustan Unilever Ltd 8.01 2.11%Zee Entertainment Enterprises Ltd 7.81 2.05%Mahindra & Mahindra Ltd 7.45 1.96%Lupin Ltd. 7.22 1.90%UPL Limited 6.77 1.78%Aurobindo Pharma Limited 6.69 1.76%Hcl Technologies Ltd 6.14 1.62%Indusind Bank Ltd 6.15 1.62%Coal India Ltd 6.09 1.60%Ultratech Cement Ltd 5.42 1.43%Tata Steel Ltd 5.32 1.40%United Spirits Ltd 4.92 1.29%Bharti Infratel Ltd 4.87 1.28%Gail (India) Ltd 4.59 1.21%Eicher Motors Limited 4.55 1.20%Voltas Ltd 4.58 1.20%Nestle India Ltd 4.58 1.20%Indian Oil Corporation Ltd 4.15 1.09%Jubilant Life Sciences Limited 3.99 1.05%Ncc Ltd 3.47 0.91%Srf Limited 3.47 0.91%Yes Bank Ltd 3.30 0.87%Britannia Industries Limited 3.29 0.87%Bharti Airtel Ltd 3.30 0.87%Bombay Stock Exchange Ltd 3.23 0.85%Motherson Sumi Systems Ltd 3.24 0.85%Wipro Ltd 3.14 0.83%Dishman Pharmaceuticals and Chemicals Limited 2.74 0.72%Oil & Natural Gas Corporation Ltd 2.51 0.66%Max Financial Services Ltd. 2.52 0.66%Glenmark Pharmaceuticals Ltd 2.43 0.64%Amara Raja Batteries Ltd 1.94 0.51%Power Finance Corporation Limited 1.94 0.51%Sintex Industries Ltd. 1.81 0.48%Bharat Petroleum Corporation Ltd 1.57 0.41%Adani Port & Sez Ltd 1.39 0.37%KEC International Limited 1.32 0.35%Hero Motocorp Ltd. 1.28 0.34%Credit Analysis And Research Limited 1.24 0.33%City Union Bank Ltd 1.10 0.29%Sterlite Technologies Ltd 1.09 0.29%Tech Mahindra Ltd 1.08 0.28%Crompton Greaves Consumer Electricals Limited. 1.06 0.28%Ambuja Cements Ltd 0.78 0.21%Bajaj Finance Limited 0.76 0.20%




Cipla Ltd 0.64 0.17%Dr. Reddys Lab Ltd 0.42 0.11%Grasim Industries Ltd 0.36 0.10%Hindalco Industries Ltd 0.39 0.10%Bosch Ltd 0.39 0.10%Bajaj Auto Ltd 0.37 0.10%Ntpc Limited 0.24 0.06%Power Grid Corpn. Of India Ltd 0.14 0.04%Tata Power Co. Ltd 0.14 0.04%Acc Ltd 0.11 0.03%Bank of Baroda 0.05 0.01%Total 369.78 97.22%






Fund Profile: The fund seeks to provide reasonable returns whileproviding a high level of liquidity and low risk by investing in moneymarket securities.

SFIN No: ULIF00905/02/08PENLIQUID114





Fund Manager:


Fund Performance



*Benchmark : Crisil Liquid Fund Index (100%).Returns over one year are compoundedannualised and fund returns are net of charges.

Movement of NAV





Sector Allocation

Mar 2017 13 20 2719.52

19.54

19.56

19.58

19.60

19.62

19.64

Unit Price

Gsec: 86.56%

Others: 13.44%

Fund Type %

Money Market and related instruments : 100%

SOVEREIGN: 100.00%


Others

Exide Life Pension Liquid Fund




Portfolio Holdings


364 Day T Bill 23Nov2017 9.63 34.27%364 Day T Bill 31Aug2017 5.84 20.79%364 Day T Bill 25May2017 4.95 17.62%364 Day T Bill 11May2017 1.99 7.07%364 Day T Bill 21Dec2017 1.92 6.81%Total 24.33 86.56%



Exide Life Pension Liquid Fund




SFIN No: ULGF00224/08/04EBDEBT114





Fund Manager:


Fund Performance




Movement of NAV





Sector Allocation

Mar 2017 13 20 2726.0

26.2

26.4

26.6

26.8

Unit Price


Gsec: 70.27%

Others: 5.36%

Fund Type %

Debt 40% 100%Money market and liquid mutual 0% 60%

AAA: 25.75%

SOVEREIGN: 74.25%


Others


Infrastructure finance 51.28Financial & insurance 31.70Electricity gas steam and air conditioning supply 17.02

Exide Life Group Debt Fund



Portfolio Holdings


7.75% PFC 22Mar2027 5.10 7.76%7.71% NABARD 17Mar2032 5.08 7.72%8.30% Rural Electrification Corporation Ltd 10Apr2025 3.12 4.74%9.47% PGCIL 31032023 2.73 4.15%Total 16.03 24.37%


7.59% GSec 20Mar2029 21.04 31.99%8.60% GOI 02June2028 10.96 16.66%7.88% GSec 19Mar2030 8.88 13.50%8.28% GOI 21092027 4.35 6.62%182 Day T Bill 15June2017 0.99 1.50%Total 46.22 70.27%


HDFC Liquid Fund Direct Plan Growth Option 1.00 1.52%Kotak Liquid Regular Plan Growth Direct 1.00 1.52%L&T Liquid Fund Direct Plan Growth 0.85 1.29%Total 2.85 4.33%Net Current Assets 0.68 1.03 %Total 65.78 100.00

Exide Life Group Debt Fund



Fund Profile: The fund seeks to achieve long term moderate capitalgrowth through an investment mix of upto 20% equity and thebalance in high quality bonds and money market instruments.

SFIN No: ULGF00524/08/04EBSECURE114





Fund Manager:



Fund Performance



*Benchmark : Crisil Composite Bond Index (85%) and Nifty 50 (15%).Returns over one yearare compounded annualised and fund returns are net of charges.

Movement of NAV





Sector Allocation

Mar 2017 13 20 2727.6

27.8

28.0

28.2

28.4

Unit Price

Equity: 15.51%


Gsec: 47.12%

Others: 23.14%

Fund Type %

Equity 10% to 20%Debt 0% 90%Money market and liquid mutual funds 0% 20%

AAA: 23.19%

SOVEREIGN: 76.81%


Financial & insurance 32.75Computer programming consultancy and related activities 14.16Manufacture of tobacco products 7.22Manufacture of coke and refined petroleum products 6.37Manufacture of chemicals and chemical products 6.22Pharmaceuticals 6.13Manufacture of other transport equipment 5.70Manufacture of motor vehicles trailers and semitrailers 4.79Civil engineering 4.57Manufacture of other nonmetallic mineral products 2.01Others 10.09


Infrastructure finance 83.14Financial & insurance 16.86

Exide Life Group Secure Fund



Portfolio Holdings


ITC Ltd 6.11 1.12%Infosys Ltd 6.06 1.11%Housing Development Finance Corporation Ltd 6.04 1.11%HDFC Bank Ltd 5.60 1.03%ICICI Bank Ltd 4.42 0.81%Reliance Industries Ltd 4.23 0.77%Larsen & Toubro Ltd 3.87 0.71%State Bank of India 3.64 0.67%Tata Consultancy Services Ltd 3.54 0.65%Maruti Suzuki India Ltd 2.20 0.40%Axis Bank Ltd 2.12 0.39%Aurobindo Pharma Limited 1.92 0.35%Kotak Mahindra Bank Ltd 1.91 0.35%Tata Motors Ltd 1.86 0.34%Indusind Bank Ltd 1.83 0.33%Hindustan Unilever Ltd 1.70 0.31%Sun Pharmaceutical Industries Ltd 1.71 0.31%Zee Entertainment Enterprises Ltd 1.69 0.31%UPL Limited 1.64 0.30%Asian Paints Ltd 1.24 0.23%Hcl Technologies Ltd 1.21 0.22%Hero Motocorp Ltd. 1.21 0.22%Ultratech Cement Ltd 1.21 0.22%Mahindra & Mahindra Ltd 0.96 0.18%Nestle India Ltd 1.00 0.18%Yes Bank Ltd 0.90 0.17%Indian Oil Corporation Ltd 0.87 0.16%Bajaj Auto Ltd 0.86 0.16%Wipro Ltd 0.84 0.15%Lupin Ltd. 0.76 0.14%Max Financial Services Ltd. 0.73 0.13%Motherson Sumi Systems Ltd 0.69 0.13%Grasim Industries Ltd 0.68 0.13%Adani Port & Sez Ltd 0.70 0.13%Bharti Infratel Ltd 0.63 0.12%Cipla Ltd 0.65 0.12%Tata Steel Ltd 0.68 0.12%Bharti Airtel Ltd 0.58 0.11%Coal India Ltd 0.57 0.10%Eicher Motors Limited 0.56 0.10%Bosch Ltd 0.55 0.10%Oil & Natural Gas Corporation Ltd 0.52 0.10%Britannia Industries Limited 0.49 0.09%Bombay Stock Exchange Ltd 0.44 0.08%Gail (India) Ltd 0.38 0.07%Ambuja Cements Ltd 0.40 0.07%Ntpc Limited 0.36 0.07%Tata Power Co. Ltd 0.36 0.07%Tech Mahindra Ltd 0.36 0.07%Power Grid Corpn. Of India Ltd 0.35 0.06%Bharat Petroleum Corporation Ltd 0.30 0.05%Hindalco Industries Ltd 0.26 0.05%Bank of Baroda 0.12 0.02%Acc Ltd 0.10 0.02%Dr. Reddys Lab Ltd 0.13 0.02%Total 84.71 15.51%





7.75% PFC 22Mar2027 20.41 3.74%8.97 PFC Ltd 15Jan2018 20.32 3.72%8.30% Rural Electrification Corporation Ltd 10Apr2025 18.72 3.43%7.71% NABARD 17Mar2032 10.16 1.86%8.11% REC Ltd 07Oct25 5.15 0.94%0.00% NABARD BHAVISHYA NIRMAN BOND 01082017. 2.94 0.54%Total 77.69 14.23%


7.61% Gsec 09May30 80.27 14.70%8.15 GOI Security 24112026 68.04 12.46%7.73% Gol Sec 19122034 42.14 7.72%8.13 % GOI 22Jun2045 12.68 2.32%8.83% Gsec 25NOV2023 10.97 2.01%7.72% G Sec 26Oct2055 10.32 1.89%7.75% Karnataka SDL 01Mar2027 10.12 1.85%7.59% GSec 20Mar2029 9.19 1.68%8.17% G Sec 01Dec2044 6.46 1.18%7.88% GSec 19Mar2030 5.75 1.05%6.01% GoI Sec 25032028 1.37 0.25%Total 257.32 47.12%


HDFC Liquid Fund Direct Plan Growth Option 25.00 4.58%Kotak Liquid Regular Plan Growth Direct 25.00 4.58%L&T Liquid Fund Direct Plan Growth 24.52 4.49%CBLO 03APR2017 7.50 1.37%Total 82.02 15.02%Net Current Assets 44.35 8.12 %Total 546.09 100.00




Fund Profile: The fund seeks to achieve long term capital growththrough an investment mix of upto 40% equity and the balance inhigh quality bonds and money market instruments.

SFIN No: ULGF00124/08/04EBBALANCE114





Fund Manager:



Fund Performance




Movement of NAV





Sector Allocation

Mar 2017 13 20 2730.0

30.2

30.4

30.6

Unit Price

Equity: 28.46%

Gsec: 66.32%

Others: 5.22%

Fund Type %

Equity 20% 40%Debt 0% 80%Money market and liquid mutual funds 0% 20%

SOVEREIGN: 100.00%


Financial & insurance 33.89Computer programming consultancy and related activities 13.70Manufacture of coke and refined petroleum products 8.13Manufacture of tobacco products 7.56Manufacture of motor vehicles trailers and semitrailers 5.62Pharmaceuticals 5.01Manufacture of chemicals and chemical products 4.75Civil engineering 4.32Manufacture of other transport equipment 4.08Electricity gas steam and air conditioning supply 2.95Others 9.99

Exide Life Group Balanced Fund



Portfolio Holdings


HDFC Bank Ltd 0.04 2.63%ITC Ltd 0.03 2.15%Housing Development Finance Corporation Ltd 0.03 2.05%Reliance Industries Ltd 0.03 1.98%Infosys Ltd 0.03 1.80%ICICI Bank Ltd 0.02 1.46%Larsen & Toubro Ltd 0.02 1.23%Tata Consultancy Services Ltd 0.02 1.11%State Bank of India 0.01 0.84%Tata Motors Ltd 0.01 0.82%Maruti Suzuki India Ltd 0.01 0.78%Axis Bank Ltd 0.01 0.70%Kotak Mahindra Bank Ltd 0.01 0.68%Indusind Bank Ltd 0.01 0.65%Hindustan Unilever Ltd 0.01 0.59%Mahindra & Mahindra Ltd 0.01 0.59%Yes Bank Ltd 0.01 0.50%Sun Pharmaceutical Industries Ltd 0.01 0.49%Hcl Technologies Ltd 0.01 0.46%Oil & Natural Gas Corporation Ltd 0.01 0.45%Bharti Airtel Ltd 0.01 0.43%Asian Paints Ltd 0.01 0.42%Power Grid Corpn. Of India Ltd 0.01 0.37%Bajaj Auto Ltd 0.01 0.36%Bharat Petroleum Corporation Ltd 0.01 0.34%Grasim Industries Ltd 0.01 0.34%Dr. Reddys Lab Ltd 0.01 0.34%Cipla Ltd 0.00 0.31%Wipro Ltd 0.00 0.30%Ntpc Limited 0.00 0.29%Lupin Ltd. 0.00 0.28%Zee Entertainment Enterprises Ltd 0.00 0.28%Tata Steel Ltd 0.00 0.28%Ultratech Cement Ltd 0.00 0.26%Tech Mahindra Ltd 0.00 0.24%Hindalco Industries Ltd 0.00 0.23%Gail (India) Ltd 0.00 0.22%Hero Motocorp Ltd. 0.00 0.21%Coal India Ltd 0.00 0.19%Acc Ltd 0.00 0.19%Tata Power Co. Ltd 0.00 0.18%Ambuja Cements Ltd 0.00 0.17%Bharti Infratel Ltd 0.00 0.15%Bank of Baroda 0.00 0.13%Total 0.44 28.46%


364 Day T Bill 27Apr2017 0.50 32.37%8.24% Gsec 10Nov2033 0.38 24.46%6.01% GoI Sec 25032028 0.15 9.49%Total 1.02 66.32%





CBLO 03APR2017 0.05 3.25%Total 0.05 3.25%Net Current Assets 0.03 1.97 %Total 1.54 100.00




Fund Profile: The fund seeks to achieve long term acceleratedcapital growth through an investment mix of upto 60% equity andthe balance in high quality bonds and money market instruments.

SFIN No: ULGF00324/08/04EBGROWTH114





Fund Manager:



Fund Performance




Movement of NAV





Sector Allocation

Mar 2017 13 20 2736.0

36.5

37.0

37.5

38.0

38.5

39.0

Unit Price

Equity: 49.73%

Gsec: 41.89%

Others: 8.38%

Fund Type %

Equity 40% 60%Debt 0% 60%Money market and liquid mutual 0% 20%

SOVEREIGN: 100.00%


Financial & insurance 32.52Computer programming consultancy and related activities 13.39Manufacture of coke and refined petroleum products 8.11Manufacture of tobacco products 7.34Manufacture of motor vehicles trailers and semitrailers 5.96Manufacture of other transport equipment 5.08Manufacture of chemicals and chemical products 4.60Pharmaceuticals 4.42Civil engineering 4.04Manufacture of other nonmetallic mineral products 3.40Others 11.15

Exide Life Group Growth Fund



Portfolio Holdings


HDFC Bank Ltd 0.02 4.42%Housing Development Finance Corporation Ltd 0.02 3.83%ITC Ltd 0.01 3.65%Reliance Industries Ltd 0.01 3.37%Infosys Ltd 0.01 3.13%ICICI Bank Ltd 0.01 2.47%Larsen & Toubro Ltd 0.01 2.01%Tata Consultancy Services Ltd 0.01 1.86%Maruti Suzuki India Ltd 0.01 1.54%State Bank of India 0.01 1.50%Tata Motors Ltd 0.01 1.43%Kotak Mahindra Bank Ltd 0.01 1.34%Axis Bank Ltd 0.00 1.25%Indusind Bank Ltd 0.00 1.09%Ultratech Cement Ltd 0.00 1.02%Mahindra & Mahindra Ltd 0.00 0.99%Hindustan Unilever Ltd 0.00 0.93%Hero Motocorp Ltd. 0.00 0.82%Asian Paints Ltd 0.00 0.82%Bharti Airtel Ltd 0.00 0.80%Oil & Natural Gas Corporation Ltd 0.00 0.76%Bajaj Auto Ltd 0.00 0.72%Sun Pharmaceutical Industries Ltd 0.00 0.70%Hcl Technologies Ltd 0.00 0.67%Dr. Reddys Lab Ltd 0.00 0.67%Bharat Petroleum Corporation Ltd 0.00 0.66%Power Grid Corpn. Of India Ltd 0.00 0.65%Gail (India) Ltd 0.00 0.58%Ntpc Limited 0.00 0.55%Grasim Industries Ltd 0.00 0.54%Wipro Ltd 0.00 0.53%Tata Steel Ltd 0.00 0.49%Tech Mahindra Ltd 0.00 0.47%Cipla Ltd 0.00 0.45%Zee Entertainment Enterprises Ltd 0.00 0.41%Hindalco Industries Ltd 0.00 0.40%Coal India Ltd 0.00 0.37%Acc Ltd 0.00 0.37%Lupin Ltd. 0.00 0.37%Ambuja Cements Ltd 0.00 0.30%Tata Power Co. Ltd 0.00 0.28%Bank of Baroda 0.00 0.26%Bharti Infratel Ltd 0.00 0.25%Total 0.19 49.73%


6.01% GoI Sec 25032028 0.16 41.89%Total 0.16 41.89%

Net Current Assets 0.05 8.38 %Total 0.4 100.00

Exide Life Group Growth Fund



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.

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 downbased 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 policyterms 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.


Exide Life Insurance Company Limited is a wholly owned subsidiary of Exide Industries Limited. The trademark “Exide” is owned by Exide Industries Limited and licensed to Exide Life Insurance vide Trademark license agreement dated 30thOctober 2014. Exide Life Insurance Company Limited (Formerly known as ING Vysya Life Insurance Company Limited). IRDAI Registration number: 114, CIN: U66010KA2000PLC028273, Registered Office: 3rd Floor, JP Techno Park, No.3/1, Millers Road, Bengaluru - 560 001; Toll Free: 1800 419 8228; Visit: exidelife.in

2016 - 2017 - exide life insurance · the key risk management policy adopted is maintaining high...

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