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FACTSHEETS
Apr-20
FACTSHEET SHRIRAM LIFE INSURANCE
30th April 2020
COMPANY LIMITED
DEBT MARKET UPDATE
* The bond yields remained volatile during the course of the month. However, the 10Y benchmark closed on a flattish note at 6.11% vs 6.14% in the
previous month.
* The RBI continued with its monetary measures during the month of April from where it left-off on 27th March, with the Governor announcing
another round of measures in order to ensure that credit keeps flowing in the system.
Outlook:
* The central bank is taking series of measures to ensure that the yields remain on the lower side. While the RBI has stepped up with a series of monetary
measures , fiscal measures from the Govt. are still awaited
* Due to the expected drop in Govt’s revenue in view of the economic slowdown and the added burden of a potential fiscal stimulus, the fiscal deficit for FY21
is estimated to rise to around 6% vs BE of 3.5%
* We stick to our previous view that yields will remain range bound in the near term. However, there could be some pressure on the yields in the latter half of
the year when the fiscal pressures are expected to take the centre stage
* While the credit spreads for AAA rated entities have cooled off significantly from the March highs, the spreads for the AA+ and below rated corporates have
remained elevated
* Given the ample amount of liquidity in the system, various measures by RBI such as TLTROs, Operation Twist, reduction in key policy rates have kept large
part of bond markets liquid and allowed its normal functioning.
FACTSHEET SHRIRAM LIFE INSURANCE
30th April 2020
COMPANY LIMITED
EQUITY MARKET UPDATE
* Indian equities rallied in-line with the global markets. NIFTY gained 14.7%, whereas NIFTY 100 and midcaps gained 14.6% and 17% respectively.
* All sectors gained for the month. Cyclical had an edge over the defensives except for healthcare. Autos, Infrastructure, financial services, private banks
outperformed compared to Information technology and consumer staples. Healthcare was the top performer with a gain of 30%.
* The interest rate cut followed by liquidity pumped in by RBI helped in equity markets rally. Also the control of pandemic spread and expectation of staggered
opening of economy across the country had a positive sentiment on the markets.
* Foreign portfolio investors were net sellers with net outflow of Rs 5208 Cr, where as domestic mutual funds and retail investors were net buyers in the equity
markets for April 2020.
Outlook:
* The pandemic spread has been well contained in India compared to other countries. However the lockdown is extended by 2 more weeks till May 17th with
come back to work. Finance and banking will have tough time with stressed assets and loan growth, consumer discretionary and auto sector will take a hit as
the demand and discretionary spending will be muted. The rural infrastructure, low cost housing and agriculture will see improvement as the migrant labourers
who are heading back will drive the demand for rural infra and agriculture. Overall the demand scenario will be muted till normalcy prevails and its going to
* The RBI and government are planning for additional stimulus which can drive positive sentiment to the equity markets. However the tax collection and
revenue receipts are on a decline and that will largely determine the spending decisions. Various austerity measures are brought in to cut out
discretionary expenses and to ensure the future expenses are directed to boost economic growth.
* However global factors such as Crude oil diplomacy, Trump’s latest statement on implementing additional tariff on Chinese imports has triggered the trade
war and the markets are expected to react negatively globally. Any liquidity and stimulus stance further enhanced will change the market sentiments.
FACTSHEET SHRIRAM LIFE INSURANCE
30th April 2020 COMPANY LIMITED
ULIP FUNDS LIST
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
DISCONTINUED POLICY FUND
30th April 2020
SFIN:ULIP01801/11/11DISCONTFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
CONSERVATOR
30th April 2020
SFIN:ULIF00101/07/06CONSRVATOR128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
4%
Fund Type Debt Fund Equity -
Month of Inception Jul-06 Debt 80% - 100%
NAV (As on 30th Apr 2020) 28.3357 MMI/NCA 0% - 20%
AUM in Crs (As on 30th Apr 2020) 0.51
Modified Duration 2.05 GILTS
FMC 1.00%
Fund Manager Mr.S.Santosh Kumar MMI'S & CASH
Benchmark CRISIL Composite Bond fund Index EQUIVALENTS
96%
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
CONSERVATOR GOLD
30th April 2020
SFIN:ULIF00719/05/08CONSERGOLD128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
4% 4%
Fund Type Debt Fund Equity -
Month of Inception May-08 Debt 97.5% - 100%
NAV (As on 30th Apr 2020) 22.3054 MMI/NCA 0% - 2.5%
AUM in Crs (As on 30th Apr 2020) 0.52
Modified Duration 2.01 CORPORATE
FMC 1.25% DEBT
Fund Manager Mr.S.Santosh Kumar GILTS
Benchmark CRISIL Composite Bond fund Index
92%
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
SECURE PLUS
30th April 2020
SFIN:ULIF01301/09/09SECUREPLUS128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
100%
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
PROTECTOR
30th April 2020
SFIN:ULIF00520/12/07PROTECTFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
3% 12%
Fund Type Debt Fund Equity -
Month of Inception Dec-07 Debt 95% - 100%
NAV (As on 30th Apr 2020) 26.2628 MMI/NCA 0% - 5%
AUM in Crs (As on 30th Apr 2020) 0.77
Modified Duration 4.93
CORPORATE DEBT
FMC 1.00%
Fund Manager Mr.S.Santosh Kumar
GILTS
Benchmark CRISIL Composite Bond fund Index
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
BALANCER
30th April 2020
SFIN:ULIF01707/01/10BALANCRFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
CONSERVATOR PLATINAM
30th April 2020
SFIN:ULIF00919/05/08CONSPLATNM128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
DEFENDER
30th April 2020
SFIN:ULIF01607/01/10DEFENDRFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
GROUP PROTECTOR FUND
30th April 2020
SFIN:ULGF00222/03/10GRPPROTECT128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
GROUP ELEVATOR FUND
30th April 2020
SFIN:ULGF00422/03/10GELEVATOR128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
GUARDIAN
30th April 2020
SFIN:ULIF00201/07/06GUARDANFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
GUARDIAN PLUS
30th April 2020
SFIN:ULIF01109/06/09GUARDNPLUS128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
GUARDIAN SHIELD
30th April 2020
SFIN:ULIF01009/06/09GUARDNSHLD128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
MAXIMUS
30th April 2020
SFIN:ULIF00301/07/06MAXIMUSFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
MAXIMUS PLUS
30th April 2020
SFIN:ULIF01206/07/09MAXMUSPLUS128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
ACCELRATOR FUND
30th April 2020
SFIN:ULIF00401/03/07ACCELRATOR128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
TYASEER
30th April 2020
SFIN:ULIF01401/09/09TYASEERFND128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
WEALTH CREATOR
30th April 2020
SFIN:ULIF00620/12/07WEALTHCRTR128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR
FACTSHEET
MAXIMUS GOLD
30th April 2020
SFIN:ULIF00819/05/08MAXMUSGOLD128
INVESTMENT OBJECTIVE SECTOR ALLOCATION AS PER NIC-2008 TOP-10 HOLDINGS
*Returns less than or upto 1 year are absolute returns & greater
than 1 year are CAGR