pnb metlife factsheet 31-oct-2018 invest_ulip_may 20_tcm47-73017.pdfnikkei 225 (japan) 20,601 23,205...

ULIP FundMonthly Fund Performance April 2020 Edition

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

THE LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT.THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR.

Glossary

Sanjay Kumar

Chief Investment Officer

Month gone by – A snapshot

The month of April saw revival in market sentiments due to a combination of global fiscal and

monetary policy measures, as well as signs of improvement related to Covid-19 pandemic. Virus

infections have been showing a declining trend in United States and Europe, thereby enabling these

economies to take initial steps towards reviving economic activity. Therefore, despite the lingering

uncertainty, equity markets recovered after the sharp sell-off in March. MSCI India index was up 16% for the month compared

to MSCI Emerging Market index rising by 9%, and MSCI Developed Market index rising by 11%. Crude oil prices rose by 11% as

some western economies started to resume economic activity partially.

RBI continues to provide support to the economy

After announcing fiscal measures targeted towards alleviating the impact of lockdown on vulnerable sections of the society, the

government is expected to announce additional fiscal stimulus. RBI continues to provide support to various sections of the

economy. During the month, RBI announced several targeted measures for state governments, financial institutions, NBFC sector

and mutual fund industry. The cumulative impact of these measures is expected to help economic recovery significantly.

Benign interest rate environment to help revive the economy: Major global central banks, including in United States, Europe

and Japan, have continued to enhance monetary policy measures. This has led to a decline in interest rates globally. RBI

continues to implement various unconventional policy measures to keep interest rate environment benign. Retail inflation in

March has declined to within RBI’s comfort zone. Significant decline in commodity prices, particularly crude oil, and slowdown in

consumption demand, may lead to further decline in inflation in the coming months.

Outlook: Policy easing measures by central banks has enabled bond yields to remain low globally. In India, significant policy

support measures by the RBI, together with decline in inflation, is likely to keep interest rates benign in the near-term.

Equity markets revive on back of stimulus measures: Equity markets gained globally as partial reopening of businesses,

positive developments related to search for effective drugs and vaccines, and unprecedented stimulus measures implemented by

governments and central banks, resulted in improvement in market sentiment. Indian equity markets appreciated by 15% during

the month, largely led by the global rally. FIIs sold equities worth US$ 0.4bn while Domestic Institutional Investors (DIIs) sold

equities worth US$ 0.2bn in April.

Outlook: We expect Indian equity markets to broadly track the global market trajectory. Volatility is expected to remain high,

largely driven by corporate results, developments related to COVID-19, FII flows and movements in global financial markets.

Though corporate earnings may remain under pressure in the near term, reasonable valuations imply that outlook for equities

remains attractive from a medium to long term perspective.

Back

From the CIO’s desk

Economic indicators

Consumer Price Index (CPI) Inflation (%) 2.9 7.4 5.9 -1.5 3.0

Gross Domestic Product (GDP Growth) % 5.6 5.1 4.7 -0.4 -0.9

Index of Industrial Production (IIP) (%) 0.2 2.1 4.5 2.4 4.3

Brent crude oil (USD/barrel) 73 58 25 -57% -65%

Domestic Markets

Nifty Index 11,748 11,962 9,860 -18% -16%

BSE Mid-cap Index 14,889 15,462 12,013 -22% -19%

10-year G-Sec Yield (%) 7.4 6.6 6.1 -50 bps -130 bps

30-year G-Sec Yield (%) 7.7 7.1 6.9 -20 bps -80 bps

10-year AAA PSU Corporate Bond Yield (%) 8.4 7.6 7.3 -30 bps -110 bps

Exchange rate (USD/INR) * 69.6 71.4 75.1 5% 8%

Global Markets

Dow Jones (U.S.) 26,593 28,256 24,346 -14% -8%

FTSE (U.K.) 7,418 7,286 5,901 -19% -20%

Nikkei 225 (Japan) 20,601 23,205 20,194 -13% -2%

QoQ ChangeApr 2020Jan 2020Apr 2019Indicators YoY Change

Source: Central Statistics Organisation (CSO), RBI, Bloomberg. *Negative growth number signals depreciation while positive growth number signals appreciation.

Glossary

10-year government bond yield trend

Equity Market performance

Back

Economic and market snapshot

6.1

6.0

6.4

6.8

7.2

7.6

Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20

10-year benchmark yield(%)

Source: Bloomberg

60

70

80

90

100

110

Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20

NIFTY BSE Mid-cap Index

Source: Bloomberg

Midcaps -19% in 1 year

Nifty Index -16% in 1 year

MARKET OVERVIEW FUND PERFORMANCE OUR POPULAR PRODUCTS

MetInvestMonthly Fund Performance Newsletter

FUND CATEGORY

EQUITY BALANCED

Balancer II

DEBT

Protector IIFlexicap

Multiplier II

Multiplier III

Virtue II

Multiplier

Virtue

Accelerator

Balancer

Moderator

Preserver II

Liquid

Protector

Preserver

Discontinued Policy

CREST (Thematic)

Mid Cap

Premier Multi-Cap

Balanced Opportunities Bond Opportunities

PortfolioMorningstar

median returns

Morningstar

RatingPortfolio

Morningstar

median returns

Morningstar

RatingPortfolio

Morningstar

median returns

Equity

Flexi Cap 0.1% 0.5% *** (3 Star) ‐3.3% ‐2.8% *** (3 Star) ‐25.7% ‐24.8%

Virtue II 2.9% 0.5% ***** (5 Star) 0.7% ‐2.8% ***** (5 Star) ‐16.5% ‐24.8%

Virtue 1.2% 0.5% **** (4 Star) ‐1.1% ‐2.8% ***** (5 Star) ‐19.0% ‐24.8%

Balanced

Balancer II 3.7% 3.8% *** (3 Star) 1.7% 1.9% *** (3 Star) ‐10.2% ‐8.9%

Debt

Protector II 6.8% 7.8% ** (2 Star) 5.7% 7.3% ** (2 Star) 7.2% 11.2%

Source: Morningstar

March 2020

5‐year (CAGR) 3‐year (CAGR) 1‐year

Fund Performance of Key Open Individual Funds

4 | Page

Notes: 1. Morningstar Rating is based on Morningstar Risk‐Adjusted Return (MRAR) framework. MRAR is a measure of fund’s past performance after adjusting for risk. 2. The above information is as of March 31, 2020 as the performance data for April 20 is yet to be provided by Morningstar.

Morningstar rating methodology: Morningstar sets the distribution of funds across the rating levels, assigning three/five star ratings as follows:1. All funds in the category are sorted by MRAR % Rank for the respective time period in descending order.2. Starting with the highest MRAR % Rank, those in the top 10% of such funds receive a 5‐star rating. 3. The next 22.5% (i.e., ranking below the top 10% and up to the top 32.5%) of funds receive a 4‐star rating, and the following 35% (i.e., ranking below the top 32.5% and up to the top 67.5%) of funds receive a 3‐star rating.4. The next 22.5% (i.e., ranking below the top 67.5% and up to the top 90%) of funds receive a 2‐star rating.5. The remaining funds (i.e., the bottom 10% of the category) receive a 1‐star rating.

Back

Glossary

Risk - Return Matrix

Liquid

PreserverII

ProtectorII

BondOpport-unities

Balancer II

Balancedopp

MultiplierIII

Crest

MultiplierII

Virtue II

Midcap

Flexicap

Premiermulti

Glossary Back

LOW MEDIUM HIGH

Ret

urn

Risk

Open Funds - Funds that are open for sales to new customers

Preserver

Protector

Moderator

Balancer

Accelerator

Multiplier

Virtue

LOW MEDIUM HIGH

Risk

Ret

urn

Closed Funds - Funds that are closed for sales to new customers

5 | Page

Flexi Cap (Open Fund)

Fund Details

AUM as on 30-04-2020

Portfolio Return Asset Classes F&U Actual

Equity 60-100%

Cash & Money Market 0-40%

Portfolio Components

Portfolio return 13.4% -16.1% -15.6% -6.5% -0.1% 6.6%

Benchmark* 14.7% -16.9% -15.8% -6.4% 0.5% 6.2% Security Net AssetsNote: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIES

RELIANCE INDUSTRIES LTD. 8.6%

INFOSYS LTD. 6.6%

Asset Under Management (AUM) (Rs crores) I C I C I BANK LTD. 4.9%

H D F C BANK LTD. 4.5%

HOUSING DEVELOPMENT FINANCE CORPN. LTD. 4.3%

BHARTI AIRTEL LTD. 4.0%

SBI-ETF NIFTY BANK 3.3%

KOTAK BANKING ETF 3.2%

LARSEN & TOUBRO LTD. 3.0%

HINDUSTAN UNILEVER LTD. 2.7%

Others 49.2%

TOTAL 94.3%

CASH AND MONEY MARKET 5.7%

PORTFOLIO TOTAL 100.0%

Sector Allocation (As per NIC Classification**)

NAV Movement

**NIC Classification – Industrial sectors as defined under National Industrial Classification 2008

Date of Inception: December 22,2009

Since05-Jan-10

Since Inception

6.6%

6.8%

* Benchmark return has been computed by applying benchmark weightages on S&P BSE 200 for Equity

NA

V (

In R

s.)

Returns

Absolute Return CAGR Return94.3%

5.7%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3 Years

As on April 30, 2020


SFIN No: ULIF01315/12/09FLEXICAPFN117

Fund Manager Funds managed by the Fund Manager

Amit Shah Equity - 6 | Debt - 0 | Balanced -2

NAV as on 30-04-2020

Rs. 768 crore Rs. 19.4649

UNIT-LINKED Fund

Investment Objective: To generate long-term capital appreciation from an actively

managed portfolio of diversified stocks across the market capitalization spectrum.

Investment Philosophy: The fund will target 100% investments in Equities to meet

the stated objectives.

Cash and Money Market

44(6%)

Equity725

(94%)

24%

11%

10%

10%

8%

6%

5%

4%

4%

3%

15%

FINANCIAL AND INSURANCE ACTIVITIES

COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES

MUTUAL FUND

MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS

MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS

INFRASTRUCTURE SECTOR

MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS

MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS

CIVIL ENGINEERING

MANUFACTURE OF OTHER NON-METALLIC MINERALPRODUCTS

Others

7

9

11

13

15

17

19

21

23

25

27

Dec-09 Sep-11 Jun-13 Feb-15 Nov-16 Aug-18 Apr-20

6 | Page

Multiplier II (Open Fund)

Fund Details

AUM as on 30-04-2020


Equities 60-100%

Money Market Instruments 0-40%


Portfolio return 14.2% -16.4% -16.0% -5.2% 0.9% 5.6%



INFOSYS LTD. 7.5%

Asset Under Management (AUM) (Rs crores) HOUSING DEVELOPMENT FINANCE CORPN. LTD. 5.9%


I C I C I BANK LTD. 4.9%




TATA CONSULTANCY SERVICES LTD. 3.8%


Others 44.6%

TOTAL 97.3%




NAV Movement



Since05-Jan-10

Since Inception

5.6%

6.8%

* Benchmark return has been computed by applying benchmark weightages on Nifty 50 for Equity

NA

V (

In R

s.)

Returns


2.7%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3 Years



SFIN No: ULIF01115/12/09MULTIPLIE2117



NAV as on 30-04-2020

Rs. 530 crore Rs. 17.6119

UNIT-LINKED Fund

Investment Objective: To generate long term capital appreciation by investing in

diversified equities.




14(3%)

Equity515

(97%)

24%

14%

11%11%

6%

6%

5%

4%

4%

3%

12%




MUTUAL FUND




CIVIL ENGINEERING


MANUFACTURE OF TOBACCO PRODUCTS

Others

7

9

11

13

15

17

19

21

23


7 | Page

Multiplier III Fund (Open Fund)

Fund Details

AUM as on 30-04-2020


Equities 60-100%






INFOSYS LTD. 7.3%

Asset Under Management (AUM) (Rs crores) H D F C BANK LTD. 5.7%








Others 42.8%

TOTAL 94.4%




NAV Movement


* Benchmark return has been computed by applying benchmark weightages on Nifty 50

NA

V (

In R

s.)

Date of Inception: July 26,2016

Returns


5.6%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception



SFIN No: ULIF01809/10/15MULTIPLIE3117



NAV as on 30-04-2020

Rs. 9.6 crore Rs. 10.9318

UNIT-LINKED Fund


diversified equities (predominantly large caps).




0.5(6%)

Equity9.0

(94%)

24%

14%

11%10%

7%

6%

5%

4%

3%

2%

14%




MUTUAL FUND




CIVIL ENGINEERING



Others

8

9

10

11

12

13

14

Jul-16 Mar-17 Oct-17 Jun-18 Jan-19 Sep-19 Apr-20

8 | Page

CREST (THEMATIC FUND) (Open Fund)

Fund Details

AUM as on 30-04-2020


Equities 60%-100%

Debt 0%

Money Market 0%-40%

Portfolio return 14.3% -18.4% -16.8% -7.5% - -4.5% Portfolio Components

Benchmark* 14.5% -16.7% -15.1% -6.5% - -3.4%Note: Past returns are not indicative of future performance. Security Net Assets

TOP 10 EQUITY SECURITIES


Asset Under Management (AUM) (Rs crores) H D F C BANK LTD. 4.7%

INFOSYS LTD. 4.6%






ULTRATECH CEMENT LTD. 2.2%


Others 60.5%

TOTAL 97.4%




NAV Movement


Date of Inception: March 21,2018

Returns


0.0%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

2.6%

* Benchmark return has been computed by applying benchmark weightages on Nifty 50 (2/3rd) and Nifty Next 50 (1/3rd) for Equity

NA

V (

In R

s.)



SFIN No: ULIF02201/01/18CRESTTHEMF117



NAV as on 30-04-2020

Rs. 7.5 crore Rs. 9.0732

UNIT-LINKED Fund

Investment Objective: To generate wealth by investing in companies which will

benefit from the present evolving economic environment such as rising

consumerism (C), strengthening government reforms (RE), increasing contribution

of services (S) in the economy and new technologies (T).


the stated objectives


0.2(3%)

Equity7.3

(97%)

25%

9%

9%

9%8%

8%

5%

3%

3%

3%

18%






MUTUAL FUND



CIVIL ENGINEERING

MANUFACTURE OF FOOD PRODUCTS

Others

5

7

9

11

13

Mar-18 Jul-18 Dec-18 Apr-19 Aug-19 Dec-19 Apr-20

9 | Page

Premier Multi-Cap Fund (Open Fund)

Fund Details

AUM as on 30-04-2020


Equities 60%-100%

Debt 0%

Money Market 0%-40%





Asset Under Management (AUM) (Rs crores) BHARTI AIRTEL LTD. 4.1%

INFOSYS LTD. 3.6%







R*SHARES BANK BEES ETF 2.3%

Others 60.5%

TOTAL 95.6%




NAV Movement



Returns


0.0%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

4.4%

* Benchmark return has been computed by applying benchmark weightages on BSE 500

NA

V (

In R

s.)



SFIN No: ULIF02101/01/18MULTICAPFN117


Shashikant Wavhal Equity - 1 | Debt - 0 | Balanced -3

NAV as on 30-04-2020

Rs. 7.3 crore Rs. 9.709

UNIT-LINKED Fund

Investment Objective: To generate wealth by investing in companies across market

capitalisation spectrum with a blend of large-cap and mid-cap companies.




0.3(4%)

Equity7.0

(96%)

23%

13%

8%

8%7%

6%

4%

4%

4%

4%

19%




MUTUAL FUND




CIVIL ENGINEERING

MANUFACTURE OF ELECTRICAL EQUIPMENT


Others

7

8

9

10

11

12

13


10 | Page

Virtue II (Open Fund)

Fund Details

AUM as on 30-04-2020


Equities 60-100%




Security Net AssetsNote: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIES


INFOSYS LTD. 5.4%

Asset Under Management (AUM) (Rs crores) BHARTI AIRTEL LTD. 3.6%

ULTRATECH CEMENT LTD. 2.5%



DR. REDDYS LABORATORIES LTD. 2.2%

DABUR INDIA LTD. 2.0%

H C L TECHNOLOGIES LTD. 2.0%

DIVIS LABORATORIES LTD. 1.9%

Others 65.5%

TOTAL 95.3%




NAV Movement


Date of Inception: January 12,2010

Returns


4.7%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

NA

V (

In R

s.)



SFIN No: ULIF01215/12/09VIRTUE2FND117



NAV as on 30-04-2020

Rs. 433 crore Rs. 22.8273

UNIT-LINKED Fund


diversified equities of companies promoting healthy life style and enhancing

quality of life.




20(5%)

Equity413

(95%)

14%

11%

11%

9%

7%7%

5%

4%

4%

4%

24%









MANUFACTURE OF MACHINERY AND EQUIPMENTN.E.C.


Others

6

9

12

15

18

21

24

27

Jan-10 Sep-11 Jun-13 Mar-15 Nov-16 Aug-18 Apr-20

11 | Page

Mid Cap Fund (Open Fund)

Fund Details

AUM as on 30-04-2020


Equities 60%-100%

Debt 0%

Money Market 0%-40%




DIVIS LABORATORIES LTD. 3.4%

Asset Under Management (AUM) (Rs crores) DIXON TECHNOLOGIES (INDIA) LTD. 3.2%

SRF LTD. 2.2%

ALKEM LABORATRIES LTD 2.2%

MUTHOOT FINANCE LTD. 2.1%


APOLLO HOSPITALS ENTERPRISE LTD. 1.9%

AARTI INDUSTRIES LTD. 1.9%

NAVIN FLUORINE INTERNATIONAL LIMITED 1.8%

CHOLAMANDALAM INVESTMENT & FINANCE CO. LTD. 1.8%

Others 70.3%

TOTAL 92.8%




NAV Movement



Returns


0.0%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

7.2%

* Benchmark return has been computed by applying benchmark weightages on S&P BSE Midcap Index

NA

V (

In R

s.)



SFIN No: ULIF02501/01/18MIDCAPFUND117



NAV as on 30-04-2020

Rs. 3.5 crore Rs. 8.4528

UNIT-LINKED Fund

Investment Objective: To provide long term capital appreciation from an actively

managed portfolio of diversified stocks from the midcap segment of the market




0.2(7%)

Equity3.2

(93%)

22%

11%

11%

9%5%

4%

4%

3%

3%

3%

25%







MANUFACTURE OF MACHINERY AND EQUIPMENTN.E.C.

MANUFACTURE OF RUBBER AND PLASTICSPRODUCTS



Others

6

7

8

9

10

11

12


12 | Page

Balancer II (Open Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 19.8544

Portfolio ReturnAsset Classes F&U Actual

Government & Other Debt Securities 0-60%

Equity 0-60%


Portfolio return 6.9% -6.2% -4.0% 0.8% 3.6% 6.9%

Benchmark* 7.7% -5.8% -1.3% 3.5% 5.2% 7.3% Portfolio ComponentsNote: Past returns are not indicative of future performance.

Security Rating Net Assets

TOP 10 GOVERNMENT SECURITIES

Asset Under Management (AUM) (Rs crores) 8.08% SDL 2028 Sovereign 4.0%

9.2% GOI 2030 Sovereign 2.9%



7.62% SDL 2027 Sovereign 2.6%






Others 2.0%

TOTAL 23.8%

TOP 10 CORPORATE BONDS

Sector Allocation (As per NIC Classification**) SIKKA PORTS & TERMINALS LTD. AAA 7.4%

INDIABULLS HOUSING FINANCE LTD AA 5.3%

SHRIRAM TRANSPORT FINANCE CO. LTD. AA+ 3.9%

L I C HOUSING FINANCE LTD. AAA 2.5%

RURAL ELECTRIFICATION CORPN. LTD. AAA 1.3%

SUNDARAM FINANCE LTD AAA 1.3%

DEWAN HOUSING FINANCE CORPN. LTD. D 1.1%

POWER GRID CORPN. OF INDIA LTD. AAA 0.7%

IDFC BANK LIMITED AA 0.4%

INFRASTRUCTURE LEASING & FINANCIAL SERVICES LT D 0.0%

TOTAL 23.8%



INFOSYS LTD. 3.7%





**NIC Classification – Industrial sectors as defined under National Industrial Classification 2008 LARSEN & TOUBRO LTD. 1.8%

Credit Rating Profile KOTAK BANKING ETF 1.6%



Others 23.3%

TOTAL 48.6%



Maturity by Profile NAV Movement

* Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 50 for Equity

NA

V (

In R

s.)


Since05-Jan-10

Since Inception

Returns

Absolute Return

Last 1 Month

Last 6 Months

48.6%

3.8%

6.8%

7.6%


CAGR Return47.7%

Last 1Year

Last 2Years

Last 3 Years

Rs. 412 crore 4.8


SFIN No: ULIF01015/12/09BALANCER2F117



Deb Bhattacharya Equity - 2 | Debt - 8 | Balanced -6

Modified Duration(Debt and Money Market)

UNIT-LINKED Fund

Investment Objective: To generate capital appreciation and current income, through

a judicious mix of investments in equities and fixed income securities.

Investment Philosophy: The fund will target 50% investments in Equities and 50%

investments in Government & other debt securities to meet the stated objectives.


16(4%)

Debt196

(48%)

Equity200

(48%)

24%

24%

12%

7%

6%

6%

3%

3%

2%2%

11%

GOVERNMENT OF INDIA




MUTUAL FUND




HOUSING SECTOR

CIVIL ENGINEERING

Others

Government Securities

50%

AAA28%

AA12%

AA+8%

D2%

< 1 Year5%

1 to 3 years17%

3 to 7 Years23%

> 7 Years55%

8

10

12

14

16

18

20

22

24


13 | Page

Balanced Opportunities Fund (Open Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 10.7292


Equities 40%-75%

Debt 25%-60%

Money Market 0%-35%

Portfolio return 8.3% -7.1% -3.1% 1.4% - 3.4%

Benchmark* 9.1% -8.2% -4.7% -0.1% - 1.3% Portfolio ComponentsNote: Past returns are not indicative of future performance.


GOVERNMENT SECURITIES

Asset Under Management (AUM) (Rs crores) 7.88% GOI 2030 Sovereign 16.4%




TOTAL 39.1%





INFOSYS LTD. 2.7%

KOTAK MAHINDRA BANK LTD. 2.1%



Sector Allocation (As per NIC Classification**) HOUSING DEVELOPMENT FINANCE CORPN. LTD. 1.5%

DIXON TECHNOLOGIES (INDIA) LTD. 1.0%


Others 34.5%

TOTAL 57.0%




Credit Rating Profile



Since Inception

39.1%

3.9%

* Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and BSE 500 for Equity

NA

V (

In R

s.)


Returns


Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Rs. 1.5 crore 5.0


SFIN No: ULIF02301/01/18BALANCEOPP117





UNIT-LINKED Fund

Investment Objective: To generate capital appreciation and current income

through a judicious mix of investments in equities and fixed income securities.


investments in Debt securities to meet the stated objectives


0.1(4%)

Debt0.6

(39%)Equity0.9

(57%)

39%

18%

5%

5%

4%

4%

3%

3%

2%

2%

15%

GOVERNMENT OF INDIA









MUTUAL FUND

Others


100%

< 1 Year7%

3 to 7 Years38%> 7 Years

55%

8

9

10

11

12

13


14 | Page

Protector II (Open Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 21.8652


Government & Other Debt Securities 60-100%



Portfolio return 0.9% 4.3% 8.6% 7.8% 6.1% 7.9%

Benchmark* 0.7% 5.4% 13.5% 10.7% 8.3% 8.4% Security Rating Net AssetsNote: Past returns are not indicative of future performance. TOP 10 GOVERNMENT SECURITIES







8% SDL 2030 Sovereign 2.1%




Others 6.6%

TOTAL 34.5%


SIKKA PORTS & TERMINALS LTD. AAA 10.0%

POWER FINANCE CORPN. LTD. AAA 7.4%

Sector Allocation (As per NIC Classification**) INDIABULLS HOUSING FINANCE LTD AA 5.6%

INDIAN RAILWAY FINANCE CORPN. LTD. AAA 5.1%

N H P C LTD. AAA 3.7%


BAJAJ FINANCE LTD. AAA 3.3%



L&T INFRA DEBT FUND LTD AAA 2.7%

Others 15.3%

TOTAL 62.3%






* Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt

NA

V (

In R

s.)


Returns


3.2%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception



SFIN No: ULIF00915/12/09PROTECTOR2117




Rs. 1021 crore 5.3

UNIT-LINKED Fund

Investment Objective: To earn regular income by investing in high quality fixed

income securities

Investment Philosophy: The fund will target 100% investments in Government &

other debt securities to meet the stated objectives


32(3%)

Debt988

(97%)

35%

34%

22%

4%2% 3%

GOVERNMENT OF INDIA



MANUFACTURE OF BASIC METALS

HOUSING SECTOR

Others

AAA/A1+44%


36%

AA+/AA17%

D3%

< 1 Year1%

1 to 3 years8%

3 to 7 Years43%

> 7 Years48%

8

10

12

14

16

18

20

22

24


15 | Page

Bond Opportunities Fund (Open Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 12.1953


Equities 0%

Debt 80%-100%

Money Market 0%-20%

Portfolio return 1.7% 5.6% 13.4% 11.0% - 9.9% Portfolio Components

Benchmark* 0.7% 5.4% 13.5% 10.7% - 10.1%Note: Past returns are not indicative of future performance. Security Rating Net Assets












TOTAL 95.9%








Returns


95.9%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

4.1%

* Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index

NA

V (

In R

s.)



SFIN No: ULIF02401/01/18BONDOPPORT117




Rs. 1.7 crore 5.2

UNIT-LINKED Fund

Investment Objective: To provide higher accrual along with safety arising from high

allocation to corporate bonds. The fund will invest up to 100% of the corpus in

debt and money market securities

Investment Philosophy: The fund will target 100% investments in Debt securities to

meet the stated objectives


0.1(4%)

Debt1.6

(96%)

96%

4%

GOVERNMENT OF INDIA

Others


100%

< 1 Year2%

1 to 3 years2%

3 to 7 Years56%

> 7 Years40%

9

10

11

12

13


16 | Page

Preserver II (Open Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 21.789


Govt & Govt Guaranteed Secs 60-100%

Money Market Investments 0-40%














Others 0.2%

TOTAL 94.6%







* Benchmark return has been computed by applying benchmark weightages on ISEC Mibex for Government & Govt. Guaranteed Securities

NA

V (

In R

s.)


Returns


5.4%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception



SFIN No: ULIF00815/12/09PRESERVER2117




Rs. 82 crore 5.0

UNIT-LINKED Fund

Investment Objective: To generate income at a level consistent with preservation

of capital, through investments in securities issued or guaranteed by central and

state Governments.


Govt. Guaranteed Securities to meet the stated objectives


4(5%)

Debt78

(95%)

95%

5%

GOVERNMENT OF INDIA

Others


100%

< 1 Year4%

3 to 7 Years67%

> 7 Years29%

8

10

12

14

16

18

20

22

24


17 | Page

Liquid Fund (Open Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 12.0256




Portfolio return 0.1% 1.8% 4.7% 5.2% 5.1% 5.0% Security Net Assets

Benchmark* 0.2% 2.2% 5.0% 5.7% 5.8% 5.8% CASH AND MONEY MARKET 100.0%Note: Past returns are not indicative of future performance. PORTFOLIO TOTAL 100.0%

Asset Under Management (AUM) (Rs crores)




* Benchmark return has been computed by applying benchmark weightages on CRISIL Overnight Index

NA

V (

In R

s.)

Date of Inception: July 26,2016

Returns


Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception



SFIN No: ULIF01909/10/15LIQUIDFUND117




Rs. 0.9 crore 0.0

UNIT-LINKED Fund

Investment Objective: To generate stable returns by investing in very short term

debt and money market instruments.


other debt securities to meet the stated objectives.


0.92(100%)

100%

Others

< 1 Year100%

9

10

11

12

13

Jul-16 Mar-17 Oct-17 Jun-18 Jan-19 Sep-19 Apr-20

18 | Page

Multiplier (Closed Fund)

Fund Details

AUM as on 30-04-2020


Listed Equities 80-100%






INFOSYS LTD. 7.0%

Asset Under Management (AUM) (Rs crores) HOUSING DEVELOPMENT FINANCE CORPN. LTD. 4.9%




I T C LTD. 4.2%




Others 49.0%

TOTAL 100.0%




NAV Movement


* Benchmark return has been computed by applying benchmark weightages on Nifty 50 for Equity

NA

V (

In R

s.)

Date of Inception: February 07,2005

Returns


0.0%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception



SFIN No: ULIF00625/01/05MULTIPLIER117



NAV as on 30-04-2020

Rs. 1013 crore Rs. 38.1272

UNIT-LINKED Fund


diversified equities.




0(0%)

Equity1013

(100%)

23%

14%

11%10%

8%

7%

5%

5%

4%

4%

9%




MUTUAL FUND






CIVIL ENGINEERING

Others

4

9

14

19

24

29

34

39

44

49

54

Feb-05 Aug-07 Mar-10 Sep-12 Mar-15 Oct-17 Apr-20

19 | Page

Virtue (Closed Fund)

Fund Details

AUM as on 30-04-2020






Security Net AssetsNote: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIES



Asset Under Management (AUM) (Rs crores) INFOSYS LTD. 4.5%


DR. REDDYS LABORATORIES LTD. 3.6%


BRITANNIA INDUSTRIES LTD. 2.8%


DABUR INDIA LTD. 2.6%

INFO EDGE (INDIA) LTD. 2.2%

Others 62.0%

TOTAL 98.8%




NAV Movement



Returns


1.2%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

NA

V (

In R

s.)



SFIN No: ULIF00719/02/08VIRTUEFUND117



NAV as on 30-04-2020

Rs. 59 crore Rs. 21.5171

UNIT-LINKED Fund


diversified equities of companies promoting healthy life style and enhancing

quality of life.




1(1%)

Equity58

(99%)

13%

13%

11%

10%10%

6%

5%

5%

4%

4%

19%










CIVIL ENGINEERING

Others

2

6

10

14

18

22

26

Feb-08 Mar-10 Mar-12 Mar-14 Apr-16 Apr-18 Apr-20

20 | Page

Accelerator (Closed Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 37.9319



Infrastructure and Social Sector Secs 0-40%


Portfolio return 10.9% -14.1% -14.0% -4.3% 0.8% 9.1% Long Term Bonds 0-60%

Benchmark* 11.9% -12.5% -10.2% -1.0% 3.3% 10.2% Short Term Bonds 0-35%Note: Past returns are not indicative of future performance. Money Market Investments 0-40%









TOTAL 10.4%

CORPORATE BONDS





Sector Allocation (As per NIC Classification**) L&T INFRA DEBT FUND LTD AAA 0.4%

TOTAL 7.4%



INFOSYS LTD. 6.5%








R*SHARES BANK BEES ETF 3.1%

Others 30.8%

TOTAL 78.8%






3.4%* Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 50 for Equity

NA

V (

In R

s.)


Since Inception

1.2%

78.8%

6.2%

0.0%


Returns


Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Rs. 139 crore 4.7


SFIN No: ULIF00525/01/05ACCELERATO117





UNIT-LINKED Fund

Investment Objective: To achieve capital appreciation by investing predominantly

in equities, with limited investment in fixed income securities.




5(3%)

Debt25

(18%)

Equity109

(79%)

23%

12%

11%

10%

10%

7%

6%

4%

3%

3%

11%


MUTUAL FUND


GOVERNMENT OF INDIA




CIVIL ENGINEERING



Others


59%AAA20%

D13%

AA8%

< 1 Year19%

1 to 3 years5%

3 to 7 Years18%

> 7 Years58%

4

9

14

19

24

29

34

39

44

49


21 | Page

Balancer (Closed Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 33.4345





Portfolio return 6.7% -8.6% -9.0% -1.5% 1.9% 8.2% Long Term Bonds 0-60%

Benchmark* 7.7% -5.8% -1.3% 3.5% 5.2% 9.3% Short Term Bonds 0-35%Note: Past returns are not indicative of future performance. Money Market Instruments 0-40%















Others 0.1%

Sector Allocation (As per NIC Classification**) TOTAL 14.6%

CORPORATE BONDS


RURAL ELECTRIFICATION CORPN. LTD. AAA 7.4%







TOTAL 32.3%



INFOSYS LTD. 4.2%




**NIC Classification – Industrial sectors as defined under National Industrial Classification 2008 I C I C I BANK LTD. 2.5%

Credit Rating Profile KOTAK BANKING ETF 2.3%




Others 19.4%

TOTAL 49.2%





NA

V (

In R

s.)


Since Inception

20.1%

49.2%

12.2%

0.0%


Returns


Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Rs. 231 crore 4.9


SFIN No: ULIF00425/01/05BALANCERFN117





UNIT-LINKED Fund

Investment Objective: To generate capital appreciation and current income,

through a judicious mix of investments in equities and fixed income securities.




9(4%)

Debt108

(47%)

Equity114

(49%)

23%

23%

15%

7%

7%

6%

4%

3%

2%2%

8%



GOVERNMENT OF INDIA


MUTUAL FUND



CIVIL ENGINEERING



Others

AAA49%


31%

D12%

AA8%

< 1 Year6%

1 to 3 years22%

3 to 7 Years24%

> 7 Years48%

5

10

15

20

25

30

35

40


22 | Page

Moderator (Closed Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 29.2138





Portfolio return 3.6% -1.8% -0.6% 3.1% 3.7% 7.3% Long Term Bonds 0-60%

Benchmark* 3.5% 0.9% 7.6% 7.9% 7.1% 8.3% Short Term Bonds 0-35%Note: Past returns are not indicative of future performance. Money Market Investments 0-40%










TOTAL 38.5%

CORPORATE BONDS




Sector Allocation (As per NIC Classification**) RURAL ELECTRIFICATION CORPN. LTD. AAA 4.4%

TOTAL 23.7%


ICICI PRUDENTIAL BANK ETF 4.1%


INFOSYS LTD. 1.6%






AXIS BANK LTD. 1.0%


Others 8.9%

TOTAL 25.2%







NA

V (

In R

s.)


Since Inception

12.7%

25.2%

11.0%

0.0%


Returns


Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Rs. 11 crore 5.4


SFIN No: ULIF00325/01/05MODERATORF117





UNIT-LINKED Fund


income securities and to generate capital appreciation by investing a limited

portion in equity.




1(13%)

Debt7

(62%)

Equity3

(25%)

38%

17%

14%

6%

3%

2%

2%1%1%

1%

15%

GOVERNMENT OF INDIA



MUTUAL FUND





CIVIL ENGINEERING


Others


62%

AAA21%

AA10%

D7%

< 1 Year21%

1 to 3 years12%

3 to 7 Years28%

> 7 Years39%

5

10

15

20

25

30

35


23 | Page

Protector (Closed Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 26.4458




Long Term Bonds 10-60%

Short Term Bonds 0-45%

Portfolio return 0.3% 1.8% 2.9% 4.4% 3.8% 6.6% Money Market Investments 0-40%

Benchmark* 0.7% 5.4% 13.5% 10.7% 8.3% 7.5%Note: Past returns are not indicative of future performance. Portfolio Components


Asset Under Management (AUM) (Rs crores) GOVERNMENT SECURITIES










TOTAL 34.9%



Sector Allocation (As per NIC Classification**) RURAL ELECTRIFICATION CORPN. LTD. AAA 9.1%


INDIAN RAILWAY FINANCE CORPN. LTD. AAA 7.3%


N H P C LTD. AAA 6.0%





Others 0.0%

TOTAL 56.8%






NA

V (

In R

s.)


Since Inception

17.2%

0.0%

8.3%

* Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt

Returns


39.6%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years



Rs. 89 crore 5.4




SFIN No: ULIF00225/01/05PROTECTORF117

UNIT-LINKED Fund


income securities


other debt securities to meet the stated objectives


7(8%)

Debt81

(92%)

40%

35%

17%

8%


GOVERNMENT OF INDIA


Others

AAA43%


38%

AA11%

D5%

AA+3%

< 1 Year9%

1 to 3 years9%

3 to 7 Years32%

> 7 Years50%

8

10

12

14

16

18

20

22

24

26

28

Feb-05 Aug-07 Mar-10 Sep-12 Apr-15 Oct-17 Apr-20

24 | Page

Preserver (Closed Fund)

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 26.9314









Asset Under Management (AUM) (Rs crores) 8.39% SDL 2024 Sovereign 15.5%








TOTAL 96.8%









SFIN No: ULIF00125/01/05PRESERVERF117




Rs. 52 crore 4.6

96.8%

3.2%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

* Benchmark return has been computed by applying benchmark weightages on ISEC Mibex for Government & Govt. Guaranteed Securities

NA

V (

In R

s.)


Returns

Absolute Return CAGR Return

UNIT-LINKED Fund

Investment Objective: To generate income at a level consistent with preservation

of capital, through investments in securities issued or guaranteed by central and

state Governments.


Govt. Guaranteed Securities to meet the stated objectives


2(3%)

Debt51

(97%)

97%

3%

GOVERNMENT OF INDIA

Others


100%

< 1 Year1%

1 to 3 years1%

3 to 7 Years79%

> 7 Years19%

8

10

12

14

16

18

20

22

24

26

28

Feb-05 Aug-07 Mar-10 Sep-12 Apr-15 Oct-17 Apr-20

25 | Page

Discontinued Policy Fund

Fund Details

AUM as on 30-04-2020 NAV as on 30-04-2020

Rs. 18.6907


Government Securities 0-25%




Security Net AssetsNote: Past returns are not indicative of future performance. CASH AND MONEY MARKET 100.0%








Returns


100.0%

Last 1 Month

Last 6 Months

Last 1Year

Last 2Years

Last 3Years

Since Inception

NA

V (

In R

s.)



SFIN No: ULIF01721/12/10DISCONTINU117




Rs. 580 crore 0.3

UNIT-LINKED Fund

Investment Objective: To generate income at a level consistent with the

preservation of capital, along with a minimum interest of 4% per annum.


other debt securities to meet the stated objectives.


580(100%)

66%

22%

12%

GOVERNMENT OF INDIA


Others


76%

A1+24%

< 1 Year100%

8

10

12

14

16

18

20

Dec-10 Jul-12 Feb-14 Aug-15 Mar-17 Oct-18 Apr-20

26 | Page

Quantitative Indicators

Macroeconomic Indicators

• Macroeconomics - Macroeconomics is the branch of economics that studies the behavior and performance of aneconomy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate,gross domestic product and inflation. Macroeconomics analyzes all aggregate indicators that influence theeconomy. Government and corporations use macroeconomic models to help in formulating of economic policiesand strategies.

• Gross Domestic Product (GDP) - GDP is one of the primary indicators used to gauge the health of a country'seconomy. It represents the total value of all goods and services produced over a specific time period. It can bestated in real terms or nominal terms (which includes inflation).

• Gross value added (GVA) - GVA is a productivity metric that measures the contribution to an economy, producer,sector or region. Gross value added provides a value for the amount of goods and services that have beenproduced, less the cost of all inputs and raw materials that are directly attributable to that production.

• Index of Industrial Production (IIP) – The index represents the production growth of various sectors in India. Theindex focuses on mining, electricity and manufacturing. The ongoing base year for calculation of index is 2004-2005.

• HSBC Purchasers Managers’ Index (PMI) - Three types of indices – Manufacturing, Services and Composite Indexare published on a monthly basis after surveys of private sector companies. An index reading above 50 indicates anoverall increase in that variable, while below 50 shows an overall decrease.

• Inflation – Inflation measures the change in the prices of a basket of goods and services in a year. From acalculation standpoint, it is the percentage change in the value of the Wholesale Price Index (WPI) / ConsumerPrice Index (CPI) on a year-on-year basis. It occurs due to an imbalance between demand and supply, changes inproduction and distribution cost or increase in taxes on products. When economy experiences inflation, i.e. whenthe price level of goods and services rises, the value of currency reduces.

• Standard Deviation (SD) - It shows how much the variation or dispersion of a fund’s daily returns has from itsaverage. Lesser SD indicates that the daily returns are moving closer to the average. A higher SD indicates thatdaily returns are widely spread over a large range of value.

• Beta – It indicates how the fund is performing relative to its benchmark. If beta of a fund is higher than itsbenchmark, which is considered 1, it indicates risk-return trade-off is better and vice-versa.

• Sharpe Ratio – It measures the risk-reward ratio as it indicates whether higher returns come with higher or lowerrisk. Greater the ratio, better is the risk-adjusted performance.

• Average Maturity – It is the weighted average period of all the maturities of debt securities in the portfolio.

• Modified Duration (MD) – It is the measurable change in the value of a security in response to a change in interestrates.

• Bond yield – Bond yield is the amount of return an investor realizes on a bond. Several types of bond yields exist,including nominal yield (interest paid divided by the face value of the bond) and current yield (annual earnings ofthe bond divided by its current market price). Yield to maturity (YTM), a popular measure where in addition tocoupon return it also additionally incorporates price decline/increase to face value of the bond over the maturityperiod.

Back27 | Page

GlossaryGlossary

Back

Market Indices

Fixed Income Indicators

• Nifty 50 Index – It is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for avariety of purposes such as benchmarking fund portfolios, index based derivatives and index funds.

• CRISIL Composite Bond Fund Index - It seeks to track the performance of a debt portfolio that includesgovernment securities and AAA/AA rated corporate bonds.

• Repo Rate - The rate at which the RBI lends money to commercial banks is called repo rate. It is an instrument ofmonetary policy. Whenever shortage of funds banks has, they can borrow from the RBI.

• Cash Reserve Ratio (CRR) - CRR is the amount of funds which the banks need to keep with the RBI. If the RBIdecides to increase the CRR, the available amount with the banks comes down. The RBI uses the CRR to drain outexcessive money from the system.

28| Page

Macroeconomic Indicators

• Nominal interest rate - Nominal interest rate is the interest rate that does not take inflation impact into account.It is the interest rate that is quoted on bonds and loans.

• Real interest rate - Real interest rate adjusts for the inflation and gives the real rate of a bond or a loan.

• Monetary Policy – Monetary policy is the macroeconomic policy laid down by the Central bank. It involvesmanagement of money supply and interest rates to achieve macroeconomic objectives like inflation, consumption,growth and liquidity. Depending on growth-inflation dynamics, the central bank can either pursue an easy or atight monetary policy. An expansionary/easy/ accommodative monetary policy involves expansion of moneysupply, mainly by keeping interest rates low, to boost economic growth. A contractionary/tight monetary policyinvolves reduction in money supply to control inflation in the economy.

• Liquidity - The Central bank of a country has to maintain an appropriate level of liquidity to help meet the creditdemand of the country as well as maintain price stability. This is done by way of direct monetary policy tools suchas policy rates and cash reserves to be maintained with it by banks. It is also done by indirect means such as Openmarket Operations (OMO) which involve sale and purchase of Government securities.

• Fiscal Deficit – This takes place when India's expenditure rises than its revenue. To fill this gap, the Governmentraises debt by issuing Government/ sovereign bonds. Fiscal deficit is usually compared with GDP to understand thefinancial position of the country. Rising fiscal deficit to GDP ratio is not good for the country, which requiresimmediate attention to cut expenditure and/or increase the source of revenue.

• Current Account Deficit (CAD) - Current account deficit is a measurement of a country’s trade where the value ofimports of goods and services as well as net investment income or transfer from abroad is greater than the valueof exports of goods and services for a country. This indicates that the country is a net debtor of foreign currency,which increases the pressure on the country's existing foreign currency reserves. Current account surplus is theopposite of this.

• Investment - In private investment, the funds come from a private, for-profit business. A few examples of privateinvestment are a private company’s manufacturing plant, a commercial office building, or a shopping mall. Inpublic investment, the money exchanged comes from a governmental entity such as a city, state, country, etc. Itwould involve roads, airports, dams and other public infrastructure.

GlossaryGlossary

Back29| Page

Others

• Goods and Services Tax (GST) – The GST is one of the biggest indirect tax reforms, with an aim to make India oneunified common market. It is a single tax on the supply of goods and services, right from the manufacturer to theconsumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition,which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only theGST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.

• Foreign institutional investors (FIIs) - FIIs are those institutional investors who invest in the assets belonging to adifferent country other than that where these organizations are based. These are the big companies such asinvestment banks, mutual funds etc, which invest considerable amount of money in Indian equity and fixedincome markets, and consequently have a strong bearing on the respective market movement and currency.

• Domestic institutional investors (DIIs)- DIIs are those institutional investors who undertake investment insecurities and other financial assets of the country they are based in. Institutional investment is defined to be theinvestment done by institutions or organizations such as banks, insurance companies, and mutual fund houses inthe financial or real assets of a country.

• Emerging market (EM) economy- An emerging market economy describes a nation's economy that is progressingtoward becoming more advanced, usually by means of rapid growth and industrialization. These countriesexperience an expanding role both in the world economy and on the political frontier.

• Organization of the Petroleum Exporting Countries (OPEC)- The OPEC was formed in 1960 to unify andcoordinate members’ petroleum policies. This was aimed at ensuring the stability of oil markets in order to securean efficient, economic, and regular supply of petroleum to customers as well as a steady income to producerswith a fair return. Members of OPEC include Iran, Iraq, Syria, Kuwait, Saudi Arabia, Bahrain, Qatar, the UnitedArab Emirates (or UAE), Oman, and Yemen. The OPEC countries produce 40% of the world’s crude oil.

• Federal Open Market Committee (FOMC)- The FOMC is the monetary policymaking body of the Federal ReserveSystem. The FOMC is composed of 12 members – seven members of the Board of Governors and five of the 12Reserve Bank presidents.

• International Monetary Fund (IMF)- The IMF, formed in 1945, is an international organization of 189 countries,headquartered in Washington, D.C. The key objectives include fostering global monetary cooperation, securingfinancial stability, facilitating international trade, promoting high employment and sustainable economic growth,and reducing poverty around the world.

Fixed Income Indicators

• Marginal Standing Facility (MSF) – It is a rate at which the RBI provides overnight lending to commercial banksover and above the repo window (repo rate). The interest rate charged is higher than the repo rate and hence it isused when there is considerable shortfall in liquidity.

• Statutory Liquidity ratio (SLR) – In India, commercial banks are required to maintain a certain percentage of theirtotal deposits (net demand and time liabilities) in notified Government securities to ensure safety and liquidity ofdeposits. This percentage is known as the SLR rate. If the RBI or Central Bank reduces the SLR rate, it means thathigher liquidity will be available to banks for their lending activity and vice-versa.

GlossaryGlossary

Back30 | Page

ULIP

• PNB MetLife Smart PlatinumUIN : 117L066V03

Traditional Products

• PNB MetLife Guaranteed Income Plan UIN :117N097V04

• PNB MetLife Mera Heart and Cancer Care UIN: 117N100V01

• PNB MetLife Endowment Savings Plan PlusUIN : 117N099V02

An income benefit plan that provides you the customizability of choosingyour premium payment term and policy term, while providing guaranteedregular income to cherish little joys in life along with lump sum benefit atmaturity to help you turn your big dreams into reality.

A tailor-made health insurance plan that provides you withcomprehensive cover against different stages of cancer and heartdiseases, without a survival period. It also provides an inbuilt life coverand an option to get your premiums back (net of claims paid) at maturity.

A Unit Linked Whole life plan for your changing life stage needs. Alongwith 6 Unit Linked Funds & investment strategies like auto rebalancingand Systematic Transfer Option, this plan has free unlimited switchesonline, which allows you to manage your investments with changingmarket conditions.

A plan that helps you accumulate your savings for your financial needs atevery stage of life. Additionally, it provides life cover to protect yourfamily along with an option to protect your goals against critical illnesses.

• PNB MetLife Mera Jeevan Suraksha Plan UIN :117N102V02

A comprehensive protection plan with life and terminal illness cover thatprovides flexible pay out options to protect and fulfil your family’s future.

• PNB MetLife Mera Term Plan UIN: 117N092V03

A customizable protection plan which gives the option to stay protected tillage 99. Four pay out options and coverage for spouse make it a trulyflexible offering. Additional protection is also available through riders.

• PNB MetLife Whole Life Wealth PlanUIN: 117L118V01

PNB MetLife Whole Life Wealth Plan is a whole life unit linked plan thatprovides tailor-made solutions to accumulate wealth along with lifeprotection, including an option where wealth creation doesn’t take aback seat even during critical illness.

Our Popular Products

About Us

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the fastest growing lifeinsurance companies in the country, having as its shareholders, MetLife International Holdings LLC.(MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji andCompany Private Limited and other private investors, with MIHL and PNB being the majorityshareholders. PNB MetLife has been present in India since 2001.

PNB MetLife brings together the financial strength of a leading global life insurance provider, MetLife,Inc., and the credibility and reliability of PNB, one of India's oldest and leading nationalised banks.The vast distribution reach of PNB together with the global insurance expertise and product range ofMetLife makes PNB MetLife a strong and trusted insurance provider.

PNB MetLife is present in over 109 locations across the country and serves customers in more than8,000 locations through its bank partnerships with PNB, JKB and Karnataka Bank Limited.

PNB MetLife provides a wide range of protection and retirement products through its Agency sales ofover 6,000 financial advisors and multiple bank partners, and provides access to Employee Benefitplans for over 1,200 corporate clients in India. The company continues to be consistently profitableand has declared profits for last five Financial Years.

For more information, visit www.pnbmetlife.com

Customer Helpline No.

Email

SMS HELP to 5607071(Special SMS Charges Apply)

1800-425-6969 (Toll Free) (Within India only)

IVR available 24*7 with your policy details

[email protected]

Contact Us

Back

PNB MetLife India Insurance Company LimitedRegistered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing,

Raheja Towers, 26/27 M G Road, Bangalore-560001, Karnataka. IRDAI Registration number 117

CI No: U66010KA2001PLC028883

For more details on risk factors, terms and conditions, please read product sales brochure carefully before concluding a sale.

Unit-Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors.

The premium paid in Unit-Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVsof the Units may go up or down based on the performance of Fund and factors influencing the capital market and the insured isresponsible for his/her decisions.

The name of the Insurance Company (PNB MetLife India Insurance Company Limited) and the name of the Unit-Linked Life Insurancecontract does not in any way indicate the quality of the contract, its future prospects or returns.

Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or the Policy Document.

The various Funds offered are the names of the Funds and do not in any way indicate the quality of these plans, their future prospectsand returns. The Unit-Linked Funds don't offer a guaranteed or assured return.

The premium shall be adjusted on the due date even if it has been received in advance.

The fund update provided by PNB MetLife India Insurance Company Limited (“PNB MetLife”) is for general informational purposes only.This information is not intended as investment advice, or as an endorsement, recommendation or sponsorship of any company,security, or fund. The opinions and analyses included in the information are based from sources believed to be reliable and written ingood faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness. PNBMetLife cannot and do not assess or guarantee the suitability or profitability of any particular investment, or the potential value ofany investment or informational source. You should seek the advice of a qualified securities professional before making anyinvestment. The information contained herein does not suggest or imply and should not be construed, in any manner, a guarantee offuture performance. Past performance does not guarantee future results.

"The products on Nifty 50 Index is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISLdoes not make and expressly disclaims any representation or warranty, express or implied (including warranties of merchantability orfitness for particular purpose or use) regarding the advisability of investing in the products linked to Nifty 50 Index or particularly inthe ability of the Nifty 50 Index to track general stock market performance in India. Please read the full Disclaimers in relation to theNifty 50 Index in the Offer Document / Prospectus / Information Statement".

Indices provided by CRISIL: CRISIL Indices are the sole property of CRISIL Limited (CRISIL). CRISIL Indices shall not be copied,retransmitted or redistributed in any manner for any commercial use. CRISIL has taken due care and caution in computation of theIndices, 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.

Compound annual growth rate (CAGR) is rounded to nearest 0.1%

“The marks “PNB” and “MetLife” are the registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company,respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks”.

Call us Toll-free at 1-800-425-6969, Website: www.pnbmetlife.com, Email: [email protected]. or write to us at 1st Floor,Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062. Phone: +91-22-41790000, Fax: +91-22-41790203. AD-F/2020-21/0024.

Back

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS /FRAUDULENT OFFERS!

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested tolodge a police complaint.

pnb metlife factsheet 31-oct-2018 invest_ulip_may 20_tcm47-73017.pdfnikkei 225 (japan) 20,601 23,205...

Documents