Wealth Trend

May 2017
May 2017 2
Disclaimer
Nifty is the trademark licensed from India Services & Products Ltd.
Below list of Wealthsurance products have been withdrawn and not available for solicitation from October 1, 2013.
1. IDBI Federal Wealthsurance Milestone Plan (UIN: 135L014V01)
2. IDBI Federal Wealthsurance Premier Insurance Plan (UIN: 135L018V01)
3. IDBI Federal Wealthsurance Dreambuilder Insurance Plan (UIN: 135L022V01)
4. IDBI Federal Wealthsurance Maxigain Insurance Plan (UIN: 135L023V01)
May 2017 3
Dear Colleagues,
PMI trends have been gradually improving from the demonetization lows (at 52.3 vs 50.7 for last month); while industrial production print
disappointed (sequential contraction of 1.2%). March WPI inflation surprised positively, printing at 5.7% on lower-than-expected increase in food
prices. CPI predictably accelerated from its February levels but stayed below 4%, printing at 3.8%.
IMD forecasts a normal monsoon in its first seasonal forecast. A private sector forecaster had earlier pointed to the possibility of an El Nino
effect. With good rainfall last year, India would end this year with record 272 million ton of food grain production. If supply is managed effectively,
this would keep food grain prices under check.
The Indian central government has proposed a new model APMC Act called Agricultural Produce and Livestock Marketing Act (APLM) and is
discussing the proposed legislation with the state governments. If the contours of the implemented law remain broadly in line with what has been
proposed, it can change the way agricultural produce are being sold in India. Middlemen will be removed from most of the marketplaces and
farmers income will likely rise. The success of the electronic national agricultural market (e-NAM) is dependent on the successful implementation
of APML. With many states already agreeing on the implementation APML and provision of unified national trading licenses, e-NAM is likely to be
a success.
RBI stays on hold- In the first bi-monthly monetary policy review for FY18, the RBI left the benchmark repo interest rate unchanged (at 6.25%).
However, the monetary policy corridor was narrowed to 25bps (vs. 50bps earlier) on either side of repo rate by taking the reverse repo rates to
6% (vs. 5.75% earlier) to ensure better alignment of call rates with the repo rate. The commentary from the Central Bank was a tad hawkish.
Treasury yields have risen by a sharp 28bps in April to 6.96%, on reverse repo hike by RBI (narrowing of the policy corridor) and concerns
over increase in inflation trajectory for FY18. The move was despite inflation staying well behaved and patchy growth.
INR appreciated by 1% (vs. USD) in April to 64.2 as the USD continued to weaken. Crude prices softened by 2% in April to 51.7$ levels. India
FX reserves increased to US$347Bn.
Q4 Earnings trends mixed so far Early read-through of the Mar-Q results indicates fairly mixed trends. Specifically, Financials sector
continues to witness asset quality pressures and high credit costs; though loan growth trends seem to be improving at the margin. IT sector
earnings have been weak; while cement companies surprised positively on volumes amid demonetization concerns. This trend may lead to
reduction in earnings of financial year ending March 2017.
Nifty was up 1.8% in April, performing in line with peer group. India equities were range-bound for most of the month, before seeing an up-
move towards the end of the month along with the rally in global markets, aided by preliminary results of the French elections. Hopes are on
improvement in corporate profit earnings to sustain market momentum.
Note: The above data has been generated from sources in public domain.
Aneesh Srivastava
Chief Investment Officer
May 2017 4
EQUITY GROWTH FUND (INDIVIDUAL LIFE)
ULIF04111/01/08EQOPP135
Fixed Income (Cash & Money Market) : 0 - 50% Equity-linked Instruments : 50 - 100%
Fund Manager: Surender Khalsa
Investment objective: The investment objective of this fund is to invest in listed stocks and aim to
generate high returns by picking stocks that have growth prospects. It aims to diversify risk by
investing in Large-cap as well as Mid-cap stocks and across multiple sectors.
M. Duration in Debt and Money Market Instruments: 0.01 yrs
Returns as on 30th Apr 2017

NAV 1 Month 6 Months 1 Year 2 Years 3 Years 5 Years Inception
AUM (in cr)
Fund Nifty* Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark
472.94 25.0883 9304.0500 3.3% 1.4% 11.7% 7.7% 25.2% 18.5% 8.8% 6.6% 13.1% 11.6% 14.1% 12.1% 10.6% 8.3%
Note : Returns less than 1 yr are absolute returns otherwise annualized Nifty*- Nifty 50
May 2017 5
EQUITY GROWTH FUND (INDIVIDUAL PENSION)
ULIF05419/02/09EQOPPPEN135
Fixed Income (Cash & Money Market) : 0 - 50% ;Equity-linked Instruments : 50 - 100%
Investment objective: The investment objective of this fund is to invest in listed stocks and aim to
generate high returns by picking stocks that have growth prospects. It aims to diversify risk by
investing in Large-cap as well as Mid-cap stocks and across multiple sectors.

AUM (in cr)
67.28 36.1345 9304.0500 3.3% 1.4% 11.6% 7.7% 25.2% 18.5% 8.6% 6.6% 12.9% 11.6% 14.0% 12.1% 17.2% 15.1%
May 2017 6
NIFTY INDEX FUND (INDIVIDUAL LIFE)
ULIF04411/01/08NINDEX135
Fixed Income (Cash & Money Market) : 0 - 20% Equity-Linked Instruments: 80-100%
Investment objective: The objective of this fund is to replicate returns generated by the Nifty
Index. The composition of the portfolio of securities invested in this scheme will be similar to the
Nifty Index, subject to IRDA regulations .

AUM (in cr)
21.24 17.9572 9304.0500 1.2% 1.4% 7.1% 7.7% 18.0% 18.5% 6.4% 6.6% 11.4% 11.6% 12.2% 12.1% 6.6% 8.3%
MIDCAP FUND (INDIVIDUAL LIFE) May 2017 7
ULIF06824/11/09MIDCAP135
Fixed Income (Cash & Money Market) : 0 - 50% ;Mid cap Stocks : 50 - 100%;Large cap
Stocks : 0-50%
Investment objective: The objective of this fund is to invest in mid cap stocks with attractive
growth prospects. It aims to diversify the risk by investing across midcap stocks and multiple sector
and investing partially in large cap companies .

AUM (in cr)
151.80 29.2860 18086.4500 4.4% 5.2% 11.6% 14.2% 30.0% 37.1% 12.4% 19.4% 28.4% 27.2% 23.9% 19.3% 15.8% 12.7%
Note : Returns less than 1 yr are absolute returns otherwise annualized Nifty*- Nifty Midcap 100
MIDCAP FUND (INDIVIDUAL PENSION) May 2017 8
ULIF06924/11/09MIDCAPPEN135
Fixed Income (Cash & Money Market) : 0 - 50% ;Mid cap Stocks : 50 - 100%;Large cap
Stocks : 0-50%
Investment objective: The objective of this fund is to invest in mid cap stocks with attractive
growth prospects. It aims to diversify the risk by investing across midcap stocks and multiple sector
and investing partially in large cap companies .

AUM (in cr)
10.24 28.3881 18086.4500 4.6% 5.2% 12.0% 14.2% 30.7% 37.1% 12.2% 19.4% 28.4% 27.2% 24.1% 19.3% 15.3% 12.7%
Note : Returns less than 1 yr are absolute returns otherwise annualized Nifty*- Nifty Midcap 100
May 2017 9
PURE EQUITY FUND
ULIF07205/08/10PURE135
Fixed Income (Cash & Money Market) : 0 - 20% Equity-linked Instruments : 80 - 100%
Investment objective: The objective of this fund is to invest in listed stocks and aims to generate
high returns with medium to long term perspective by picking stocks that do not belong to certain
sectors engaged in activities which are considered harmful for society at large. Examples of these
activities include gambling, speculative investments, tobacco and alcohol.

AUM (in cr)
21.89 19.7509 2166.1500 4.4% 2.8% 13.5% 9.6% 28.2% 19.7% 16.9% 10.0% 24.5% 12.8% 18.7% 13.4% 10.8% 7.7%
Note : Returns less than 1 yr are absolute returns otherwise annualized Nifty*- Nifty 50 Shariah
May 2017 10
BOND FUND (INDIVIDUAL LIFE)
ULIF04011/01/08BOND135
Fixed Income: 20% - 80% ; Money Market : 0 - 80%

Fund Manager: S P Prabhu
Investment objective: The fund seeks to invest in fixed income instruments & aims to generate
returns from interest coupons & the opportunities in changing yield curve. The duration of the
underlying portfolio may be high or low depending upon the market conditions.

AUM (in cr)
Fund Crisil* Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark
193.26 17.7587 2822.7243 -0.4% 0.1% 1.8% 2.6% 9.2% 10.1% 8.6% 9.6% 10.9% 10.9% 8.6% 9.3% 7.3% 8.1%
Note : Returns less than 1 yr are absolute returns otherwise annualized Crisil*- Crisil Composite Bond Index
May 2017 11
INCOME FUND (INDIVIDUAL LIFE)
ULIF04211/01/08INCOME135

Investment objective: The objective of this fund is to generate returns by investing in fixed income
securities and money markets with low to medium market risk.

AUM (in cr)
337.50 20.1559 2891.1299 0.3% 0.4% 2.9% 3.4% 7.5% 8.7% 7.5% 8.7% 8.5% 9.2% 8.4% 9.1% 8.0% 8.3%
Note : Returns less than 1 yr are absolute returns otherwise annualized Crisil*- Crisil Short Term Bond Index
May 2017 12
INCOME FUND (INDIVIDUAL PENSION)
ULIF05619/02/09INCOMEPEN135

Investment objective: The objective of this fund is to generate returns by investing in fixed income
securities and money markets with low to medium market risk.

AUM (in cr)
15.60 18.0793 2891.1299 0.7% 0.4% 3.4% 3.4% 7.4% 8.7% 7.5% 8.7% 7.8% 9.2% 7.9% 9.1% 7.6% 8.1%
Note : Returns less than 1 yr are absolute returns otherwise annualized Crisil*- Crisil Short Term Bond Index
May 2017 13
GUARANTEED RETURN FUND 19000619
(INDIVIDUAL LIFE) ULIF05911/01/08GRF3135
Fixed Income : 0 - 100%
Investment objective: Guaranteed Return Fund is a close-ended scheme which guarantees

minimum terminal NAV at the maturity of the scheme. The corpus of the scheme is invested in
money markets and fixed income securities.
Current NAV Guaranteed NAV Returns

AUM (in cr) Maturity Date Subscription
30th Apr 2017 As on Maturity Upto Maturity
6.12 16.6685 19.0000 30th June 2019 6.2273% Closed
May 2017 14
GUARANTED RETURN FUND 20001219
(INDIVIDUAL LIFE) ULIF06211/01/08GRF5135


142.54 17.0779 20.0000 31st December 2019 6.0912% Closed
May 2017 15
GUARANTEED RETURN FUND 5 20001219
(INDIVIDUAL PENSION) ULIF06724/11/09GRF5PEN135


11.49 16.8788 20.0000 31st December 2019 6.5580% Closed
May 2017 16
MONTHLY GUARANTEED INTEREST FUND
(INDIVIDUAL LIFE) ULIF04511/01/08MIA135
Investment objective: The objective of Monthly Guaranteed Interest Fund is to provide a

minimum guaranteed return to the investors out of the investment income of the underlying
portfolio. IDBI Federal will declare a minimum guaranteed return for each month. In this scheme,
the investor gets the higher of the NAV based on Minimum Guaranteed Rate or the actual NAV.
The corpus will be invested will be in fixed income and money market.

1 Month 6 Months 1 Year 2 Years 3 Years 5 Years Inception
AUM (in cr) NAV
Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark Fund Benchmark
133.87 20.0028 0.4% - 3.5% - 7.4% - 7.6% - 7.8% - 8.0% - 7.9% -
Note : Returns less than 1 yr are absolute returns otherwise annualized
AGGRESSIVE ASSET ALLOCATOR FUND May 2017 17
(INDIVIDUAL LIFE) ULIF04811/01/08AGGRESSIVE135

Fixed Income : 0% - 50% ; Equity-linked Instruments : 50% - 100% ; Money Market :
0% - 50%
Fund Manager: Surender Khalsa (Equity) & SP Prabhu (Debt)
Investment objective: The Aggressive Asset Allocator Fund will take aggressive calls on the
equities market and can take up to 100% exposure in equities. The fund will take aggressive call on
interest rates and can take upto 100% exposure in debt instruments with high duration..

AUM (in cr) NAV
224.48 24.8795 2.7% 1.1% 10.2% 6.4% 22.6% 16.4% 9.1% 7.4% 12.0% 11.4% 10.7% 9.7% 11.6% 10.2%
Note : Returns less than 1 yr are absolute returns otherwise annualized.
Benchmark for Aggressive Asset Allocator Fund is 75% Nifty + 25% CCBI Returns from 31 st Mar14.
MODERATE ASSET ALLOCATOR FUND May 2017 18
(INDIVIDUAL LIFE) ULIF04911/01/08MODERATE135

Fixed Income : 50% - 100% Equity-linked Instruments : %0 - 50% Money Market : 0% -
50%
Investment objective: The Moderate Asset Allocator Fund will take moderately aggressive calls
on the equities market and can take upto 50% exposure in equities. The Moderate Asset Allocator
Fund will take moderately aggressive calls on interest rates and can take upto 50% exposure in
debt instruments with high duration.

AUM (in cr) NAV
65.50 21.9392 0.7% 0.4% 4.8% 3.9% 13.2% 12.2% 8.2% 8.8% 10.6% 11.1% 9.7% 9.4% 10.0% 9.4%
Benchmark for Moderate Asset Allocator Fund is 25% Nifty + 75% CCBI Returns from 31 st Mar14.
CAUTIOUS ASSET ALLOCATOR FUND May 2017 19
(INDIVIDUAL LIFE) ULIF05011/01/08CAUTIOUS135

Fixed Income : 75% - 100% ; Equity-linked Instruments : 0% - 25% ;
Money Market : 0% - 25%
Investment objective: The Cautious Asset Allocator Fund will take conservative calls on the
equities market and can take up to 25% exposure in equities. The fund will take conservative call
on interest rates and can take up to 25% exposure in debt instruments with high duration.

AUM (in cr) NAV
53.38 20.4235 0.2% 0.2% 2.6% 3.3% 10.6% 11.1% 7.9% 9.2% 10.2% 11.0% 9.3% 9.0% 9.0% 8.2%
Benchmark for Moderate Asset Allocator Fund is12.5% Nifty + 87.5% CCBI Returns from 31 st Mar14 .
May 2017 20
UNCLAIMED FUND
ULIF07628/05/15UNCLAIM135
Money Market : 0% - 100%

Fund Manager: SP Prabhu
Investment objective: In view of the guarantee of 4% mandated by IRDA, the investments in this
fund will be in money market instruments and scheduled bank fixed deposits of a maturity of less
than 6 months in order to ensure that NAV of fund grows at a linear fashion without volatility due to
interest rate movement and earn minimum 4.0% per annum on a daily basis

AUM (in cr) NAV
2.34 10.9493 0.4% - 2.7% - 5.8% - - - - - - - 4.8% -
May 2017 21
DISCONTINUED POLICY FUND
ULIF07301/07/10DISCON135
G-Sec: 60%-100%; Money Market : 0% - 40%

Fund Manager: SP Prabhu
Investment objective: The objective of the fund is to invest in money market and short tenor
instruments so as to generate minimum return as prescribed by IRDAI from time to time (current
prescribed rate 4% per annum).

AUM (in cr) NAV
28.02 15.1912 0.4% - 2.9% - 6.1% - 6.6% - 7.1% - 7.4% - 6.3% -
May 2017 22
Fund Performance Snapshot
Note :
a. Returns less than 1 yr are absolute returns otherwise annualized.
b. The past performance is not indicative of future performance.
c. Benchmark for various Asset Allocator Funds were revised from 31st Mar14 .
d. Nifty Index Fund Pension (ULIF05519/02/09NINDEXPEN135) has been closed effective fro m March 15, 2017. Investments in this fund has been switched to
Equity Growth Fund-Pension (SFIN Code - ULIF05419/02/09EQOPPPEN135) on March 15, 2017
May 2017 23
IDBI Federal in the News

Wealth Trend

Hochgeladen von

Dokumentinformationen

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

Wealth Trend

Hochgeladen von

Copyright:

Verfügbare Formate

May 2017

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

Fixed Income: 20% - 80% ; Money Market : 0 - 80%

M. Duration in Debt and Money Market Instruments: 5.04 yrs

Returns as on 30th Apr 2017

Fixed Income: 20% - 80% ; Money Market : 0 - 80%

M. Duration in Debt and Money Market Instruments: 1.73 yrs

Returns as on 30th Apr 2017

Fixed Income: 20% - 80% ; Money Market : 0 - 80%

M. Duration in Debt and Money Market Instruments: 2.64 yrs

Returns as on 30th Apr 2017

Investment objective: Guaranteed Return Fund is a close-ended scheme which guarantees

M. Duration in Debt and Money Market Instruments: 1.54 yrs

Current NAV Guaranteed NAV Returns

Investment objective: Guaranteed Return Fund is a close-ended scheme which guarantees

M. Duration in Debt and Money Market Instruments: 2.44 yrs

Current NAV Guaranteed NAV Returns

Investment objective: Guaranteed Return Fund is a close-ended scheme which guarantees

M. Duration in Debt and Money Market Instruments: 2.55 yrs

Current NAV Guaranteed NAV Returns

Investment objective: The objective of Monthly Guaranteed Interest Fund is to provide a

M. Duration in Debt and Money Market Instruments: 1.01 yrs

Returns as on 30th Apr 2017

(INDIVIDUAL LIFE) ULIF04811/01/08AGGRESSIVE135

M. Duration in Debt and Money Market Instruments: 2.75 yrs

Returns as on 30th Apr 2017

(INDIVIDUAL LIFE) ULIF04911/01/08MODERATE135

M. Duration in Debt and Money Market Instruments: 4.55 yrs

Returns as on 30th Apr 2017

(INDIVIDUAL LIFE) ULIF05011/01/08CAUTIOUS135

M. Duration in Debt and Money Market Instruments: 5.86 yrs

Returns as on 30th Apr 2017

Money Market : 0% - 100%

M. Duration in Debt and Money Market Instruments: 0.01 yrs

Returns as on 30th Apr 2017

G-Sec: 60%-100%; Money Market : 0% - 40%

M. Duration in Debt and Money Market Instruments: 0.14 yrs

Returns as on 30th Apr 2017

Fund Performance Snapshot

IDBI Federal in the News

Das könnte Ihnen auch gefallen