2016
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
Click on the Fund Name for details
CONTENTS
MARKET OUTLOOK 1
FUND PERFORMANCE OF ULIP FUNDS 3
PRODUCT - FUND MATRIX 5
INDIVIDUAL FUNDS
CLASSIC OPPORTUNITIES FUND (ULIF-033-16/12/09-CLAOPPFND-107) 6
FRONTLINE EQUITY FUND (ULIF-034-17/12/09-FRLEQUFND-107) 7
DYNAMIC FLOOR FUND II (ULIF-035-17/12/09-DYFLRFND2-107) 8
BALANCED FUND (ULIF-037-21/12/09-BALKFND-107) 9
KOTAK OPPORTUNITIES FUND (ULIF-029-02/10/08-OPPFND-107) 10
KOTAK AGGRESSIVE GROWTH FUND (ULIF-018-13/09/04-AGRGWTFND-107) 11
GUARANTEE FUND (ULIF-048-05/02/10-GRTFND-107) 12
MONEY MARKET FUND (ULIF-041-05/01/10-MNMKKFND-107) 13
KOTAK DYNAMIC GROWTH FUND (ULIF-012-27/06/03-DYGWTFND-107) 14
DYNAMIC FLOOR FUND (ULIF-028-14/11/06-DYFLRFND-107) 15
KOTAK DYNAMIC BALANCED FUND (ULIF-009-27/06/03-DYBALFND-107) 16
KOTAK DYNAMIC BOND FUND (ULIF-015-15/04/04-DYBNDFND-107) 17
KOTAK DYNAMIC GILT FUND (ULIF-006-27/06/03-DYGLTFND-107) 18
KOTAK DYNAMIC FLOATING RATE FUND (ULIF-020-07/12/04-DYFLTRFND-107) 19
PEAK GUARANTEE FUND I (ULIF-049-14/02/10-PKGRTFND1-107) 20
KOTAK GUARANTEED GROWTH FUND (ULIF-013-27/06/03-GRTGWTFND-107) 21
KOTAK GUARANTEED BALANCED FUND (ULIF-010-27/06/03-GRTBALFND-107) 22
PENSION CLASSIC OPPORTUNITIES FUND (ULIF-042-07/01/10-PNCLAOPFND-107) 23
KOTAK PENSION OPPORTUNITIES FUND (ULIF-032-17/07/09-PNOPPFND-107) 24
PENSION FRONTLINE EQUITY FUND (ULIF-044-11/01/10-PNFRLEQFND-107) 25
PENSION GUARANTEE FUND (ULIF-038-21/12/09-PNGRTFND-107) 26
KOTAK PENSION GROWTH FUND (ULIF-030-07/01/09-PNGWTFND-107) 27
KOTAK PENSION FLOOR FUND (ULIF-031-13/07/09-PNFLRFND-107) 28
PENSION FLOOR FUND II (ULIF-043-08/01/10-PNFLRKFND2-107) 29
KOTAK PENSION BALANCED FUND (ULIF-011-27/06/03-PNBALFND-107 ) 30
PENSION BALANCED FUND II (ULIF-046-24/01/10-PNBALFND2-107) 31
KOTAK PENSION BOND FUND (ULIF-017-15/04/04-PNBNDFND-107) 32
KOTAK PENSION GILT FUND (ULIF-008-27/06/03-PNGLTFND-107) 33
KOTAK PENSION FLOATING RATE FUND (ULIF-022-07/12/04-PNFLTRFND-107) 34
PENSION MONEY MARKET FUND II (ULIF-039-28/12/09-PNMNMKFND-107) 35
KOTAK ADVANTAGE PLUS FUND II (ULIF-027-21/04/06-ADVPLSFND2-107) 36
KOTAK ADVANTAGE MULTIPLIER FUND (ULIF-024-07/02/06-ADVMULFND-107) 37
KOTAK ADVANTAGE MULTIPLIER FUND II (ULIF-026-21/04/06-ADVMULFND2-107) 38
DISCONTINUED POLICY FUND (ULIF-050-23/03/11-DISPOLFND-107) 39
GROUP FUNDS
KOTAK GROUP DYNAMIC FLOOR FUND (ULGF-015-07/01/10-DYFLRFND-107) 40
KOTAK GROUP BALANCED FUND (ULGF-003-27/06/03-BALFND-107) 41
KOTAK GROUP BOND FUND (ULGF-004-15/04/04-BNDFND-107) 42
KOTAK GROUP GILT FUND (ULGF-002-27/06/03-GLTFND-107) 43
KOTAK GROUP FLOATING RATE FUND (ULGF-005-07/12/04-FLTRFND-107) 44
KOTAK GROUP MONEY MARKET FUND (ULGF-001-27/06/03-MNMKFND-107) 45
KOTAK GROUP SECURE CAPITAL FUND (ULGF-016-12/04/11-SECCAPFND-107) 46
KOTAK 57M FMP 07/04/2016 (ULGF-017-14/07/11-57FM070416-107) 47
KOTAK GROUP SHORT TERM BOND FUND (ULGF-018-18/12/13-SHTRMBND-107) 48
Annexure 49
MARKET OUTLOOK
Month Gone By – Markets
In February, Indian equities reacted negatively with BSE Sensex down 7.5%for the month. The sell off was driven mainly by continued fears of a global slowdown, concerns over increasing bad loans of Indian banks, disappointing 3QFY16 corporate results, FII selling due to weak oil prices and nervousness ahead of Union Budget. Indian equity markets were the second worst performing after Japan. Union Budget unveiled on 29th February, reflected government’s stance of fiscal consolidation (fiscal deficit target maintained at 3.9% for FY16 and 3.5% for FY17) with focus on revival of rural demand. 10 year benchmark treasury yields were volatile during the month but moved downwards by 16 bps at 7.63% towards the end.
7.60% 7.65% 7.70% 7.75% 7.80% 7.85% 7.90% 22900 23300 23700 24100 24500 24900
29-Jan-16 03-Feb-16 08-Feb-16 13-Feb-16 18-Feb-16 23-Feb-16 28-Feb-16 Sensex 10 yr Gsec
RBI keps monetary policy rates unchanged
Global sell off, slide in oil prices
Caution ahead of Union Budget CPI (5.7%) above
expectation and WPI (-0.9%) below expectation India's Q3 FY 16 GDP at 7.3% FY 17 Railway and Union Budget announcement Disappointing results of PSU banks
Recovery in oil prices
Source: Bloomberg
INR depreciated 0.9% vs. USD over the month. Increased global risk aversion and portfolio outflows led to INR depreciation vs. USD. Foreign Institutional Investors (FIIs) remained seller of Indian equities to the tune of USD 1.2bn in February, however quantum of selling tapered from Januray. In contrast, Domestic Institutional Investors (DIIs) were net buyers to the tune of USD 1.5bn. Among DIIs, Mutual funds accounted for inflows of USD 642 mn and domestic insurance companies accounted for USD 892mn inflows FIIs sold Indian debt worth USD 1.2 bn
60 61 62 63 64 65 66 67 68
Feb-15 Mar-15 Apr-15 Ma
y-15
Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16
Exchange Rate (INR/USD)
Source: Bloomberg
Economy
3QFY16 GDP growth moderated to 7.3% from 7.7% in first half. Index of Industrial Production (IIP) for December contracted by 1.3% due to decline in manufacturing activity and incessant rains in South India. Capital goods continued to fall sharply -19.7% (-24.4% in Nov). Consumer Price Index (CPI) for the month of January was 5.7% vs 5.6% in December as food inflation rose to an 11-month high. Core CPI came in at 4.5% YoY. Deflationary trends in Wholesale Price Index (WPI) continued as it fell for fifteenth consecutive month, to -0.9% (-0.7% last month). January trade deficit narrowed to 11 month low of USD 7.6 bn v/s USD 11.6 bn in December on the back of a sharp decline in the imports of petroleum products and electronic items. Exports were down 14% in January as it contracted for 14th straight month. Amongst imports, coal (-38.4%), iron & steel (-16.4%) were notable declines while gold (+85%) and precious stones (+33.5%) expanded.
Source : Motilal Oswal and Citi
Equity Market Outlook
The month saw correction inbroader market with BSE Midcap and BSE Small cap indices underperforming BSE Sensex by 4.6% and 0.6% respectively.
February saw a slight uptick in deal activity with 9 deals amounting to ~USD 967mn. This was mainly led by the Govt’s 5% stake sale in NTPC (USD 735mn). In the primary market, IPOs of Quick Heal Technologies (USD 66mn), Precision Camshafts (USD 60.5mn), TeamLease Services (USD 62.5mn) were notable ones.
The year has started on a weaker note from FII flow perspective with YTD selling of USD 2.9bn. In contrast, domestic investors have remained buyers of equities with YTD buying of USD 3.4bn. 8.1 17.8 -12.2 17.629.3 -0.5 24.5 20.0 16.1 3.4 -2.9
CY06 CY07 CY08 CY09 CY10 CY11 CY12 CY13 CY14 CY15 CY16 Net FII Flows (USD b) Net DII Flows (USD b)
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
In February, the government announced constitution of the Bank Board Bureau which will recommend selection of heads of public sector banks and financial institutions, and develop strategies and capital raising plans for them. The Bureau will start functioning from April 1, 2016 with Mr Vinod Rai (former Comptroller and Auditor General of India as its Chairman. This is believed to be a first step towards improved governance in PSU banks. Budget maintained the quantum allocated for recapitalisation of PSU banks at Rs 250bn for FY 17as per schedule announced in Indradhanush with open ended committment to step up additional capital if required. The creation of the Bank Board Bureau together with the passage of the Bankruptcy Code and strengthening the Debt Recovery Tribunals (DRT) are positive steps towards alleviating stress in the banking sector. Post the budget, RBI has announced changes in rules in calculating Tier I capital which would provide further boost to PSU banks.
2016 can be a year of immense possibilities for Indian equity markets. The turmoil in the global markets is showing no signs of an immediate resolution. Hence, the linkage of the performance of local markets with factors such as crude prices, worries over Europe and China are unlikely to weaken in the short term. A key structural worry emanates from the decline in the attractiveness of equities in emerging markets as an asset class and the consequent impact on FII flows. While India clearly shines from a macro perspective among the emerging market economies, the markets are not immune to global risk aversion.
Equities can react in the coming months based on following
events:-• Corporate India have been reporting very subdued profit growth at an aggregate level for last few quarters. It is widely expected that FY16 should be bottom of earnings growth cycle and earnings can grow at double digit in FY17. Any positive confirmation of the same will act as positive trigger for the market.
• As banks accelerate the process of monetary transmission and yields fall, it is believed that India’s cost of capital (COC) will also progressively reduce. The consequent expansion in the ROCE-COC spread could be one of the drivers of the next leg of re-rating in Indian equities.The next leg of India’s re-rating will likely be micro-led. From a micro standpoint, operating leverage will likely support earnings once India crosses its potential GDP growth, which will get more accentuated post FY16. Analysts have yet to pencil the benefits of operating leverage into their earnings estimates.
• Inflation is still an issue in India. Softening of crude oil and other commodities is helping the Indian macro. For Indian equities to enter into a period of sustained rise, it is pertinent to tame inflation. The RBI wants to fight the inflation battle only once, thus reducing probabilities of aggressive rate cuts in the near term. If global crude prices remain weak in the near future as well, Indian equities could well become the best choice for global fund managers
• On one hand there is expectation of US Fed raising the interest rates on the other hand there is expectation of European Central Bank (ECB) cutting rates. This tightening & easing in different parts of the world is likely to keep the world markets volatile
• There has been a re-emergence of concerns over China. The main concerns centre around (a) Investment bubble: China’s investment share of GDP is already higher than it ever was in Japan and Korea. (b) Real estate bubble: Moody’s claim that real estate is around 23% of GDP, (directly and indirectly) (c) China’s private sector debt to GDP stands at 196% (40% higher than the trend rate). A meaningful slow down in China can influence global growth and investor sentiment to emerging markets. However, over time, it is expected that India, will be a major beneficiary of asset re-allocation within emerging markets.
15.0 24.6 15.1 15.0 8.0 7 12 17 22 27
Feb-01 Feb-02 Feb-03 Feb-04 Feb-05 Feb-06 Feb-07 Feb-08 Feb-09 Feb-10 Feb-1
1
Feb-12 Feb-13 Feb-14 Feb-15 Feb-16
Sensex P/E (x) Peak(x) Avg(x) Median(x) Min(x)
Source: Motilal Oswal
Debt Market Outlook
The key event for the month was the FY17 Union Budget. Yields moved down to 7.62% on the budget day as the government stuck to its fiscal consolidation path by retaining its fiscal deficit target of 3.9% of GDP for FY16 and 3.5% for FY17. The gross borrowing stood at Rs.6 lakh crores and net borrowing is at Rs.4.25 lakh crore.
Announcement of UDAY scheme and fresh supply of UDAY related bonds from state governments caused the yield curve to steepen. Weak rupee and elevated CPI data dampened appetite for debt. However, the open market repurchases announced by RBI to the tune of Rs.27,000 crore supported the prices too some extent.
Liquidity tightness continued due to government maintaining surplus balance and capital outflows. RBI is infusing liquidity by conducting long term repos and open market operations of bonds. It is believed that RBI will continue to conduct OMOs to address liquidity tightness.
On global front, most of the major EM and DM central banks are set to maintain a more accommodative stance. People’s bank of China has eased policy rates recently. ECB has committed to do more easing if necessary while Bank of Japan has introduced negative interest rates. Fed is reassessing its stance of hiking interest rates.
In domestic bond markets, fiscal deficit target at 3.5% of GDP might open up more space for monetary easing. RBI monetary easing would to some extent help compensate the demand-supply mismatches in SLR market to keep yields low. In near term, it is expected that new 10y bond will trade between 7.50-7.75%.
8.71 6.26 8.74 7.46 7.63 4.00 4.50 5.00 5.50 6.00 6.50 7.00 7.50 8.00 8.50 9.00 9.50 10.00
Feb-06 Feb-07 Feb-08 Feb-09 Feb-10 Feb-11 Feb-12 Feb-13 Feb-14 Feb-15 Feb-16
10-Year India G-Sec Yield (%)
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
FUND PERFORMANCE OF ULIP FUNDS
Funds available with insurance plans launched on & post Sept. 1, 2010.
Funds available with insurance plans launched Prior to Sept. 1, 2010.
Returns As On 29th Feb 2016 Classic Opportunities Fund (AUM: ` 1,48,337.41 Lakhs) Frontline Equity Fund (AUM: ` 34,899.65 Lakhs) Dynamic Floor Fund II (AUM: ` 59,456.58 Lakhs) Balanced Fund (AUM: ` 4,341.27 Lakhs) Guarantee Fund (AUM: ` 3,737.13 Lakhs) Kotak Dynamic Bond Fund (AUM: ` 86,807.91 Lakhs) Kotak Dynamic Gilt Fund (AUM: ` 4,112.64 Lakhs) Kotak Dynamic Floating Rate Fund
(AUM: ` 2,195.07 Lakhs) Money Market Fund (AUM: ` 16,774.64 Lakhs) Discontinued Policy Fund (AUM: ` 17,679.28 Lakhs) Inception 9.2% 7.9% 5.1% 8.3% 6.4% 8.4% 7.1% 7.6% 7.8% 8.4%
10 years n.a n.a n.a n.a n.a 9.2% 7.9% 7.9% n.a n.a
7 years n.a n.a n.a n.a n.a 8.6% 7.6% 7.8% n.a n.a
6 years 9.8% 8.9% 5.6% 8.4% 6.2% 8.6% 8.2% 8.4% 8.0% n.a 5 years 9.9% 8.9% 5.2% 8.8% 5.7% 9.0% 8.6% 9.0% 8.6% n.a 4 years 11.6% 10.9% 5.6% 10.0% 6.1% 8.6% 8.6% 9.3% 8.7% 8.6% 3 years 12.3% 12.0% 4.7% 10.4% 5.4% 7.8% 7.6% 9.5% 8.5% 8.2% 2 years 14.2% 12.7% 6.5% 12.1% 7.6% 10.7% 11.5% 8.9% 8.4% 8.1% 1 year -17.7% -16.1% -9.4% -7.8% -7.6% 4.0% 3.7% 6.9% 8.1% 7.6% 6 mth -13.7% -12.5% -4.8% -6.3% -2.8% 1.9% 2.1% 3.1% 3.8% 3.5% 3 mth -13.4% -12.6% -5.1% -7.1% -3.2% 0.1% 0.2% 1.4% 1.8% 1.7% 1 mth -8.1% -7.7% -2.8% -4.2% -1.6% 0.4% 0.5% 0.5% 0.6% 0.6% Returns As On 29th Feb 2016
Kotak Opportunities Fund (AUM: ` 81,997.30
Lakhs)
Kotak Aggressive Growth Fund (AUM: ` 25,065.27
Lakhs)
Kotak Dynamic Growth Fund (AUM: ` 5,492.02
Lakhs)
Dynamic Floor Fund (AUM: ` 90,338.63
Lakhs)
Kotak Dynamic Balanced Fund (AUM: ` 1,667.77
Lakhs)
Inception 16.4% 15.2% 13.9% 8.5% 12.8%
10 years n.a 10.9% 9.3% n.a 9.6%
7 years 18.4% 16.2% 12.8% 7.2% 12.1% 6 years 9.3% 8.4% 8.5% 5.3% 8.5% 5 years 9.2% 8.4% 8.5% 5.0% 8.8% 4 years 10.9% 10.4% 10.2% 5.2% 10.0% 3 years 11.6% 11.5% 10.9% 4.7% 10.4% 2 years 13.6% 11.9% 11.9% 6.7% 12.0% 1 year -18.6% -17.6% -12.6% -8.5% -8.4% 6 mth -14.2% -13.5% -9.9% -3.8% -6.8% 3 mth -13.7% -13.3% -10.4% -4.1% -7.6% 1 mth -8.3% -8.1% -6.1% -2.5% -4.4% Returns As On 29th Feb 2016
Peak Guarantee Fund I (AUM: ` 2,202.62
Lakhs)
Kotak Guaranteed Growth Fund (AUM: ` 1,00,404.48 Lakhs) Kotak Guaranteed Balanced Fund (AUM: ` 8,636.64 Lakhs) Pension Classic Opportunities Fund (AUM: ` 12,156.24 Lakhs) Kotak Pension Opportunities Fund (AUM: ` 2,340.46 Lakhs)
Pension Frontline Equity Fund (AUM: ` 2,559.86 Lakhs) Pension Guarantee Fund (AUM: ` 10,235.91 Lakhs) Inception 5.6% 12.9% 11.7% 9.7% 8.9% 9.0% 5.4%
10 years n.a 8.0% 8.3% n.a n.a n.a n.a
7 years n.a 10.2% 9.8% n.a n.a n.a n.a
6 years 5.6% 7.6% 7.7% 9.8% 9.3% 8.9% 6.0% 5 years 5.4% 8.1% 8.1% 9.9% 9.2% 8.8% 5.7% 4 years 5.8% 8.6% 8.5% 11.6% 10.8% 10.9% 6.1% 3 years 5.2% 8.5% 8.2% 12.4% 11.4% 12.0% 5.4% 2 years 7.2% 10.4% 10.4% 14.3% 13.5% 12.6% 7.6% 1 year -7.6% -7.9% -5.6% -18.3% -18.3% -16.6% -7.6% 6 mth -2.8% -6.5% -5.0% -14.1% -14.0% -12.8% -2.8% 3 mth -3.1% -7.3% -6.0% -13.8% -13.6% -13.1% -3.2% 1 mth -1.5% -4.2% -3.4% -8.3% -8.2% -7.9% -1.6% Returns As On 29th Feb 2016 Kotak Pension Growth Fund (AUM: ` 1,579.12 Lakhs)
Kotak Pension Floor Fund (AUM: ` 4,613.66 Lakhs) Pension Floor Fund II (AUM: ` 7,721.47 Lakhs) Kotak Pension Balanced Fund (AUM: ` 20,125.19 Lakhs) Pension Balanced Fund II (AUM: ` 338.78 Lakhs)
Kotak Pension Bond Fund (AUM: ` 7,251.89 Lakhs) Kotak Pension Gilt Fund (AUM: ` 764.95 Lakhs) Kotak Pension Floating Rate Fund (AUM: ` 314.90 Lakhs) Pension Money Market Fund II (AUM: ` 1,183.43 Lakhs) Inception 10.0% 4.8% 5.0% 11.9% 8.0% 8.5% 7.3% 7.6% 7.8%
10 years n.a n.a n.a 8.5% n.a 9.3% 8.1% 7.9% n.a
7 years 10.2% n.a n.a 9.7% n.a 8.6% 7.5% 7.8% n.a
6 years 7.7% 4.8% 5.7% 7.7% 8.1% 8.7% 8.1% 8.4% 8.0% 5 years 7.9% 5.0% 5.3% 8.2% 8.8% 8.9% 8.5% 9.0% 8.6% 4 years 8.5% 5.5% 5.6% 8.5% 9.9% 8.6% 8.5% 9.3% 8.7% 3 years 8.4% 4.7% 4.7% 8.2% 10.4% 7.8% 7.6% 9.5% 8.5% 2 years 10.4% 6.7% 6.5% 10.4% 12.0% 10.7% 11.4% 8.8% 8.4% 1 year -7.8% -8.5% -9.5% -5.5% -8.1% 4.1% 3.7% 6.8% 8.2% 6 mth -6.4% -3.8% -4.8% -4.8% -6.5% 2.0% 2.0% 3.1% 3.8% 3 mth -7.2% -4.2% -5.2% -5.9% -7.4% 0.2% 0.1% 1.4% 1.8% 1 mth -4.1% -2.6% -2.9% -3.3% -4.2% 0.4% 0.5% 0.5% 0.6%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
• KOTAK PRIVILEDEGE ASSURANCE PLANS
FUND PERFORMANCE OF ULIP FUNDS
• KOTAK GROUP PLANS
Returns As On 29th Feb 2016
Kotak Advantage Plus Fund II (AUM: ` 22.61 Lakhs)
Kotak Advantage Multiplier Fund (AUM: ` 108.16 Lakhs) Kotak Advantage Multiplier Fund II (AUM: ` 152.24 Lakhs) Inception 5.5% 5.2% 5.4%
10 years n.a 5.1% n.a
7 years 6.4% 6.4% 6.5% 6 years 5.2% 4.8% 5.0% 5 years 5.3% 4.7% 4.8% 4 years 5.4% 5.2% 5.5% 3 years 5.0% 4.9% 5.3% 2 years 5.5% 5.7% 6.0% 1 year 4.6% 4.5% 4.8% 6 mth 2.2% 2.0% 2.2% 3 mth 0.9% 0.8% 0.9% 1 mth 0.3% 0.2% 0.3%
Returns less than or equal to a year are absolute. Returns greater than a year are compounded annualised. • KOTAK FIXED MATURITY PLANS
FUND PERFORMANCE OF ULIP FUNDS
• KOTAK GROUP PLANS
Returns As On 29th Feb 2016
Kotak Group Dynamic Floor Fund (AUM: ` 348.46
Lakhs)
Kotak Group Balanced Fund (AUM: ` 26,677.66
Lakhs)
Kotak Group Bond Fund (AUM: ` 74,152.22
Lakhs)
Kotak Group Gilt Fund (AUM: ` 2,464.47
Lakhs)
Kotak Group Floating Rate Fund (AUM: ` 1,482.36
Lakhs)
Kotak Group Money Market Fund (AUM: ` 20.82
Lakhs)
Kotak Group Secure Capital Fund (AUM: ` 6,362.20
Lakhs)
Inception 13.8% 12.9% 9.0% 7.4% 8.0% 8.6% 9.2%
10 years n.a 9.8% 9.8% 8.3% 8.3% n.a n.a
7 years n.a 12.2% 9.5% 7.8% 8.2% n.a n.a
6 years 5.9% 8.9% 9.4% 8.4% 8.8% n.a n.a
5 years 5.8% 9.1% 9.5% 8.8% 9.4% n.a n.a
4 years 6.1% 10.3% 9.1% 8.8% 9.7% n.a 8.9% 3 years 5.4% 10.8% 8.3% 7.8% 9.9% n.a 8.1% 2 years 7.5% 12.4% 11.2% 11.8% 9.2% 8.1% 10.9% 1 year -7.6% -8.0% 4.5% 3.9% 7.3% 7.5% 4.3% 6 mth -3.2% -6.7% 2.1% 2.1% 3.3% 3.7% 2.0% 3 mth -3.6% -7.6% 0.2% 0.2% 1.5% 1.4% 0.1% 1 mth -2.0% -4.4% 0.4% 0.5% 0.5% 0.5% 0.3% Returns As On 29th Feb 2016 Kotak Group 57M FMP (AUM: ` 2,747.51 Lakhs)
Kotak Group Short Term Bond Fund (AUM: ` 1,020.61
Lakhs)
Inception 9.2% 1.9%
10 years n.a n.a
7 years n.a n.a
6 years n.a n.a
5 years n.a n.a
4 years 9.2% n.a 3 years 9.1% n.a 2 years 9.4% n.a 1 year 8.9% n.a 6 mth 4.3% n.a 3 mth 2.1% 1.4% 1 mth 0.7% 0.2%
PRODUCT - FUND MATRIX*
Kotak Wealth
Insurance InvestmentKotak Ace
Kotak Single Invest
Advantage Kotak HeadstartChild Assure Kotak Platinum Kotak Invest Maxima
Funds
Classic Opportunities Fund b b b b b b
Frontline Equity Fund b b b b b b
Balanced Fund b b r b b b
Dynamic Bond Fund b b b b b b
Dynamic Floating Rate Fund b b r b b r
Money Market Fund b b b b b b
Dynamic Gilt Fund b b b b b r
Discontinued Policy Fund b b b b b b
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUNDS
CLASSIC OPPORTUNITIESFUND FRONTLINE EQUITY FUND DYNAMIC FLOOR FUND II BALANCED FUND
KOTAK OPPORTUNITIES FUND KOTAK AGGRESSIVE GROWTH
FUND GUARANTEE FUND MONEY MARKET FUND
KOTAK DYNAMIC GROWTH
FUND DYNAMIC FLOOR FUND KOTAK DYNAMIC BALANCED FUND KOTAK DYNAMIC BOND FUND
KOTAK DYNAMIC GILT FUND KOTAK DYNAMIC FLOATING
RATE FUND PEAK GUARANTEE FUND I KOTAK GUARANTEED GROWTH FUND
KOTAK GUARANTEED
BALANCED FUND OPPORTUNITIES FUNDPENSION CLASSIC OPPORTUNITIES FUNDKOTAK PENSION PENSION FRONTLINE EQUITY FUND
PENSION GUARANTEE FUND KOTAK PENSION GROWTH
FUND KOTAK PENSION FLOOR FUND PENSION FLOOR FUND II
KOTAK PENSION BALANCED
FUND PENSION BALANCED FUND II KOTAK PENSION BOND FUND KOTAK PENSION GILT FUND
KOTAK PENSION FLOATING
RATE FUND PENSION MONEY MARKET FUND II KOTAK ADVANTAGE PLUS FUND II KOTAK ADVANTAGE MULTIPLIER FUND
KOTAK ADVANTAGE
CLASSIC OPPORTUNITIES FUND (ULIF-033-16/12/09-CLAOPPFND-107)
Fund Strategy :Aims to maximize opportunity for you through long-term capital growth, by holding a significant portion in a diversified and flexible mix of large / medium sized company equities
Performance Meter Opportunities FundClassic Benchmark
Inception (16-Dec-09) 9.2% 5.4% 6 years 9.8% 5.9% 5 years 9.9% 6.0% 4 years 11.6% 7.7% 3 years 12.3% 8.5% 2 years 14.2% 8.7% 1 year -17.7% -19.8% 6 mth -13.7% -12.5% 3 mth -13.4% -12.4% 1 mth -8.1% -7.7%
Benchmark Details: Equity - 100% (BSE 200)
Equity % to Fund
Infosys Ltd 8.39%
HDFC Bank Ltd 6.92%
IndusInd Bank Limited 3.81%
Kotak Banking ETF - Dividend Payout Option 3.58%
Sun Pharmaceuticals Ltd 3.15%
Britannia Industries Ltd 3.13%
Maruti Suzuki India Ltd 3.08%
Axis Bank Ltd 2.79%
Larsen And Toubro Ltd 2.78%
Tata Motors Ltd 2.77% Reliance Industries Ltd 2.65% YES BANK LTD 2.61% UltraTech Cement Ltd 2.48% HCL Technologies Ltd 2.36% ICICI Bank Ltd 2.30%
Hindustan Petroleum Corporation Ltd 2.29%
Lupin Ltd 2.10%
Tata Consultancy Services Ltd 2.04%
I T C Ltd 1.96%
Shree Cement Ltd 1.78%
Others (Details in the Annexure) 34.24%
Total 97.22%
Debt Portfolio % to Fund
CBLO Investments 1.02%
ICICI Bank CD - 31.05.16 0.64%
SBBJ CD - 14.09.2016 0.59%
State Bank of Patiala CD - 28.12.2016 0.20%
Axis Bank CD - 27.10.2016 0.02%
8.00% HDFC Bank FD NSE - 08.08.2016 0.01%
8.00% HDFC Bank FD NSE - 24.07.2016 0.01%
8.00% HDFC Bank FD BSE - 24.07.2016 0.00%
Mutual Fund Investments 0.00%
Current Asset/Liabilities 0.27%
Others 0.00%
Total 2.78%
Assets Under Management (in ` Lakhs) 1,48,337.41
Approved Asset Allocation
Equity Non Equity
75-100% 0-25%
Allocation by Sector - Equity
25.31% 12.78% 10.79% 8.95% 8.04% 7.83% 7.76% 6.07% 5.67% 2.24% 1.78%
Banking & Finance Information Tech Auto & Auto Ancillary FMCG Pharma Oil & Gas Others Cement & Cement Products Capital Goods & Engineering Fertilisers Media
Debt Ratings Profile
58.20% 40.83% 0.85% 0.13% A1+ CBLO Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
Assets Class % to Fund
97.22% 2.76% 0.02%
Equity
CD,CP,T Bills,MF,Repo,CBLO,NCA
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
FRONTLINE EQUITY FUND (ULIF-034-17/12/09-FRLEQUFND-107)
Fund Strategy :Aims for a high level of capital growth for you, by holding a significant portion in large sized company equities
Performance Meter Frontline Equity Fund Benchmark
Inception (17-Dec-09) 7.9% 5.0% 6 years 8.9% 5.4% 5 years 8.9% 5.3% 4 years 10.9% 7.0% 3 years 12.0% 7.3% 2 years 12.7% 6.5% 1 year -16.1% -21.3% 6 mth -12.5% -12.9% 3 mth -12.6% -12.5% 1 mth -7.7% -7.5%
Benchmark Details: Equity - 100% (BSE 100)
Equity % to Fund
Infosys Ltd 8.90%
HDFC Bank Ltd 6.43%
I T C Ltd 5.61%
IndusInd Bank Limited 3.71%
Sun Pharmaceuticals Ltd 3.68%
Britannia Industries Ltd 3.26%
R Shares Banking ETF 3.14%
Axis Bank Ltd 3.01%
Tata Motors Ltd 2.83%
Kotak Banking ETF - Dividend Payout Option 2.73%
ICICI Bank Ltd 2.56%
Larsen And Toubro Ltd 2.54%
UltraTech Cement Ltd 2.50%
Tata Consultancy Services Ltd 2.46%
Hindustan Petroleum Corporation Ltd 2.21%
YES BANK LTD 2.15%
HCL Technologies Ltd 1.96%
Lupin Ltd 1.92%
Mahindra & Mahindra Ltd 1.90%
Maruti Suzuki India Ltd 1.88%
Others (Details in the Annexure) 29.33%
Total 94.71%
Debt Portfolio % to Fund
CBLO Investments 2.62%
SBBJ CD - 14.09.2016 0.84%
ICICI Bank CD - 31.05.16 0.78%
State Bank of Patiala CD - 28.12.2016 0.59%
Mutual Fund Investments 0.01%
8.00% HDFC Bank FD NSE - 24.07.2016 0.01% 8.00% HDFC Bank FD NSE - 08.08.2016 0.01% 8.00% HDFC Bank FD BSE - 24.07.2016 0.00% Current Asset/Liabilities 0.43% Others 0.00% Total 5.29%
Assets Under Management (in ` Lakhs) 34,899.65
Assets Class % to Fund
94.71% 5.28% 0.02%
Equity
CD,CP,T Bills,MF,Repo,CBLO,NCA
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
60-100% 0-40%
Allocation by Sector - Equity
25.32% 13.32% 11.40% 9.39% 8.36% 7.02% 6.27% 5.49% 3.66% 2.28% 2.20%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
53.93% 45.48% 0.32% 0.26% CBLO A1+ Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
DYNAMIC FLOOR FUND II (ULIF-035-17/12/09-DYFLRFND2-107)
Fund Strategy :Aims to provide you with stable long-term inflation beating growth over medium to long-term and defend your capital against short-term capital shocks.
Performance Meter Dynamic Floor Fund II Benchmark
Inception (17-Dec-09) 5.1% 7.2% 6 years 5.6% 7.6% 5 years 5.2% 7.8% 4 years 5.6% 8.2% 3 years 4.7% 8.3% 2 years 6.5% 9.3% 1 year -9.4% -4.4% 6 mth -4.8% -2.6% 3 mth -5.1% -3.9% 1 mth -2.8% -2.8%
Benchmark Details: Equity - 37.5% (Nifty); Debt - 62.5% (Crisil Bond)
Equity % to Fund Infosys Ltd 3.37% HDFC Bank Ltd 2.45% I T C Ltd 2.16% Sun Pharmaceuticals Ltd 1.44% Britannia Industries Ltd 1.37%
IndusInd Bank Limited 1.33%
R Shares Banking ETF 1.22%
Axis Bank Ltd 1.12%
Kotak Banking ETF - Dividend Payout Option 1.09%
Tata Motors Ltd 1.08%
ICICI Bank Ltd 0.99%
Tata Consultancy Services Ltd 0.95%
UltraTech Cement Ltd 0.95%
Larsen And Toubro Ltd 0.91%
Hindustan Petroleum Corporation Ltd 0.83%
Maruti Suzuki India Ltd 0.77%
Mahindra & Mahindra Ltd 0.74%
YES BANK LTD 0.73%
HCL Technologies Ltd 0.72%
Asian Paints Ltd 0.70%
Others (Details in the Annexure) 10.68%
Total 35.58%
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 15.27% 8.13% GOI - 22.06.2045 12.78% 8.30% GOI - 31.12.2042 4.24% 8.24% GOI - 10.11.2033 3.32% 7.02% GOI - 17.08.2016 2.32% 1.44% INFLATION INDEX GS 2023 1.88% 8.30% REC - 10.04.2025 0.99% 8.92% L&T Finance Ltd. - 06.07.2018 0.97% 9.78% Tata Sons - 13.01.2019 0.86% 8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.78% 8.55% Sundaram Finance - 27.10.17 0.67% 7.59% GOI 2016-12.04.16 0.65%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.62%
HDFC Ltd CP - 10.06.16 0.59%
9.24% HDFC - 24.06.2024 0.59%
9.98% ICICI Perpetual Bond -CALL 13.09.16. 0.58%
10.75% Shriram Transport Finance Co Ltd 24.10.2016 0.49%
10.05% Bajaj Finance Ltd - 10.01.2017 0.48%
9.85% HDFC Bank 2019 - 17.03.2024 CALL 17.03.2019 0.47%
9.85% Shriram Transport Finance Co Ltd 15.07.2017 0.43%
Current Asset/Liabilities 2.33%
Others 13.13%
Total 64.42%
Assets Under Management (in ` Lakhs) 59,456.58
Assets Class % to Fund
35.58%
42.82% 17.85%
3.75% Equity
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
0-75% 25-100%
Allocation by Sector - Equity
9.49% 5.04% 4.47% 3.63% 3.06% 2.50% 2.30% 1.85% 1.49% 0.89% 0.86%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
68.98% 22.20%
6.47%
2.23% 0.07% 0.04% Govt & Govt Guaranteed Bonds
AAA
AA+
A1+
Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
12.59% 8.13% 8.66% 70.61% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
BALANCED FUND (ULIF-037-21/12/09-BALKFND-107)
Fund Strategy :Aims for moderate growth for you by holding a diversified mix of equities and fixed interest instruments.
Performance Meter Balanced Fund Benchmark
Inception (21-Dec-09) 8.3% 6.5% 6 years 8.4% 6.7% 5 years 8.8% 6.9% 4 years 10.0% 7.9% 3 years 10.4% 8.1% 2 years 12.1% 8.7% 1 year -7.8% -10.7% 6 mth -6.3% -6.5% 3 mth -7.1% -7.1% 1 mth -4.2% -4.5%
Benchmark Details: Equity - 60% (BSE 100); Debt - 40% (Crisil Bond)
Equity % to Fund
Infosys Ltd 4.87%
I T C Ltd 3.15%
HDFC Bank Ltd 3.10%
IndusInd Bank Limited 1.96%
Sun Pharmaceuticals Ltd 1.82%
Britannia Industries Ltd 1.77%
Kotak Banking ETF - Dividend Payout Option 1.61%
R Shares Banking ETF 1.57%
Tata Motors Ltd 1.55%
ICICI Bank Ltd 1.47%
Axis Bank Ltd 1.46%
UltraTech Cement Ltd 1.40%
Tata Consultancy Services Ltd 1.39%
Larsen And Toubro Ltd 1.34%
Hindustan Petroleum Corporation Ltd 1.21%
Maruti Suzuki India Ltd 1.13%
Mahindra & Mahindra Ltd 1.07%
HCL Technologies Ltd 1.03%
Asian Paints Ltd 1.02%
YES BANK LTD 1.01%
Others (Details in the Annexure) 15.16%
Total 50.08%
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 9.75%
8.13% GOI - 22.06.2045 8.24%
Mutual Fund Investments 4.00%
8.30% GOI - 31.12.2042 2.65% CBLO Investments 2.30% 8.24% GOI - 10.11.2033 2.07% 7.02% GOI - 17.08.2016 1.42% 7.28% GOI - 03.06.2019 0.80% 8.55% Sundaram Finance - 27.10.17 0.69% 8.30% REC - 10.04.2025 0.68% 1.44% INFLATION INDEX GS 2023 0.68% 8.19% GOI - 16.01.2020 0.59% 8.92% L&T Finance Ltd. - 06.07.2018 0.58% 7.16% GOI - 20.05.2023 0.55% 6.01% GOI - 25.03.2028 0.52% 9.75% REC - 11.11.2021. 0.48% 9.78% Tata Sons - 13.01.2019 0.47% 8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.47% 10.05% Bajaj Finance Ltd - 10.01.2017 0.47% 7.59% GOI 2016-12.04.16 0.40% Current Asset/Liabilities 2.14% Others 9.99% Total 49.92%
Assets Under Management (in ` Lakhs) 4,341.27
Assets Class % to Fund
50.08% 28.79%
12.10%
9.02% Equity
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
30-60% 40-70%
Allocation by Sector - Equity
13.05% 7.30% 6.14% 5.22% 4.28% 3.49% 3.37% 2.73% 2.08% 1.28% 1.16%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
60.26% 19.62%
8.37% 5.71%
4.82% 1.21% Govt & Govt Guaranteed Bonds
AAA
Mutual Fund Investments
AA+
CBLO
A1+
Debt Maturity Profile
21.27% 7.72% 10.28% 60.72% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
KOTAK OPPORTUNITIES FUND (ULIF-029-02/10/08-OPPFND-107)
Fund Strategy :Aims to maximize opportunity for long term capital growth, by holding a significant portion in a diversified and flexible mix of large/medium sized company equities.
Performance Meter Kotak Opportunities Fund Benchmark
Inception (02-Oct-08) 16.4% 8.6% 7 years 18.4% 14.6% 6 years 9.3% 5.9% 5 years 9.2% 6.0% 4 years 10.9% 7.7% 3 years 11.6% 8.5% 2 years 13.6% 8.7% 1 year -18.6% -19.8% 6 mth -14.2% -12.5% 3 mth -13.7% -12.4% 1 mth -8.3% -7.7%
Benchmark Details: Equity - 100% (BSE 200)
Equity % to Fund
Infosys Ltd 8.42%
HDFC Bank Ltd 6.89%
IndusInd Bank Limited 3.85%
Kotak Banking ETF - Dividend Payout Option 3.69%
Britannia Industries Ltd 3.24%
Sun Pharmaceuticals Ltd 3.12%
Maruti Suzuki India Ltd 3.06%
Axis Bank Ltd 2.83%
Larsen And Toubro Ltd 2.81%
Tata Motors Ltd 2.79% YES BANK LTD 2.66% Reliance Industries Ltd 2.66% UltraTech Cement Ltd 2.49% HCL Technologies Ltd 2.38% ICICI Bank Ltd 2.33%
Hindustan Petroleum Corporation Ltd 2.30%
Lupin Ltd 2.12%
Tata Consultancy Services Ltd 2.06%
I T C Ltd 1.98%
Shree Cement Ltd 1.79%
Others (Details in the Annexure) 34.86%
Total 98.35%
Debt Portfolio % to Fund
CBLO Investments 0.62% SBBJ CD - 14.09.2016 0.60% ICICI Bank CD - 31.05.16 0.15% 8.00% HDFC Bank FD NSE - 08.08.2016 0.06% 8.00% HDFC Bank FD NSE - 24.07.2016 0.06% 8.00% HDFC Bank FD BSE - 24.07.2016 0.03%
Mutual Fund Investments 0.00%
Current Asset/Liabilities 0.12%
Others 0.00%
Total 1.65%
Assets Under Management (in ` Lakhs) 81,997.30
Assets Class % to Fund
98.35% 1.50% 0.15%
Equity
CD,CP,T Bills,MF,Repo,CBLO,NCA
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
75-100% 0-25%
Allocation by Sector - Equity
25.69% 12.86% 10.86% 9.17% 8.07% 7.90% 7.88% 6.14% 5.72% 2.25% 1.81%
Banking & Finance Information Tech Auto & Auto Ancillary FMCG Pharma Others Oil & Gas Cement & Cement Products Capital Goods & Engineering Fertilisers Media
Debt Ratings Profile
49.36% 40.64%
9.76% 0.24% A1+
CBLO
Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
KOTAK AGGRESSIVE GROWTH FUND (ULIF-018-13/09/04-AGRGWTFND-107)
Fund Strategy :Aims for a high level of capital growth by holding a significant portion in large sized company equities.
Performance Meter Kotak Aggressive Growth Fund Benchmark
Inception (13-Sep-04) 15.2% 12.0% 10 years 10.9% 8.1% 7 years 16.2% 13.1% 6 years 8.4% 5.4% 5 years 8.4% 5.3% 4 years 10.4% 7.0% 3 years 11.5% 7.3% 2 years 11.9% 6.5% 1 year -17.6% -21.3% 6 mth -13.5% -12.9% 3 mth -13.3% -12.5% 1 mth -8.1% -7.5%
Benchmark Details: Equity - 100% (BSE 100)
Equity % to Fund
Infosys Ltd 8.92%
HDFC Bank Ltd 6.78%
I T C Ltd 5.81%
R Shares Banking ETF 4.10%
Britannia Industries Ltd 3.97%
Sun Pharmaceuticals Ltd 3.90%
IndusInd Bank Limited 3.74%
Tata Motors Ltd 3.11%
UltraTech Cement Ltd 3.11%
Axis Bank Ltd 3.09%
Larsen And Toubro Ltd 3.02%
ICICI Bank Ltd 2.75%
Hindustan Petroleum Corporation Ltd 2.57%
Kotak Banking ETF - Dividend Payout Option 2.57%
YES BANK LTD 2.57%
Tata Consultancy Services Ltd 2.53%
Maruti Suzuki India Ltd 2.39%
Asian Paints Ltd 2.32%
Mahindra & Mahindra Ltd 1.93%
Bharat Petroleum Corporation Ltd 1.93%
Others (Details in the Annexure) 24.54%
Total 95.65%
Debt Portfolio % to Fund
CBLO Investments 2.73%
ICICI Bank CD - 31.05.16 0.51%
8.00% HDFC Bank FD NSE - 24.07.2016 0.17%
8.00% HDFC Bank FD NSE - 08.08.2016 0.16%
8.00% HDFC Bank FD BSE - 24.07.2016 0.08%
Mutual Fund Investments 0.01%
Current Asset/Liabilities 0.69%
Others 0.00%
Total 4.35%
Assets Under Management (in ` Lakhs) 25,065.27
Assets Class % to Fund
95.65%
3.95% 0.41%
Equity
CD,CP,T Bills,MF,Repo,CBLO,NCA
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
60-100% 0-40%
Allocation by Sector - Equity
27.38% 13.26% 10.67% 9.59% 8.38% 6.40% 5.13% 4.80% 4.57% 2.97% 2.50%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Cement & Cement Products Oil & Gas Others Capital Goods & Engineering Paints Media
Debt Ratings Profile
74.63% 13.99%
11.07% 0.31% CBLO
A1+
Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
GUARANTEE FUND (ULIF-048-05/02/10-GRTFND-107)
Fund Strategy :Aims to provide stable, long-term inflation beating growth over medium to long-term and defend capital against short-term capital shocks
Performance Meter Guarantee Fund Benchmark
Inception (05-Feb-10) 6.4% 7.8% 6 years 6.2% 7.6% 5 years 5.7% 7.8% 4 years 6.1% 8.2% 3 years 5.4% 8.3% 2 years 7.6% 9.3% 1 year -7.6% -4.4% 6 mth -2.8% -2.6% 3 mth -3.2% -3.9% 1 mth -1.6% -2.8%
Benchmark Details: Equity - 37.5% (Nifty); Debt - 62.5% (Crisil Bond)
Equity % to Fund
Infosys Ltd 1.60%
I T C Ltd 1.26%
HDFC Bank Ltd 1.23%
Reliance Industries Ltd 1.22%
Housing Development Finance Corp. Ltd 1.07%
Tata Consultancy Services Ltd 0.85%
Sun Pharmaceuticals Ltd 0.72%
ICICI Bank Ltd 0.71%
Larsen And Toubro Ltd 0.70%
Hindustan Unilever Ltd 0.50%
Mahindra & Mahindra Ltd 0.45%
Tata Motors Ltd 0.45%
Axis Bank Ltd 0.40%
Bharti Airtel Ltd 0.36%
Maruti Suzuki India Ltd 0.34%
HCL Technologies Ltd 0.34%
Lupin Ltd 0.32%
Asian Paints Ltd 0.32%
State Bank of India 0.32%
Dr Reddys Laboratories Ltd 0.30%
Others (Details in the Annexure) 4.80%
Total 18.26%
Debt Portfolio % to Fund
CBLO Investments 14.45%
8.17% GOI - 01.12.2044 10.00%
8.13% GOI - 22.06.2045 8.38%
ICICI Bank CD - 31.05.16 5.46%
Mutual Fund Investments 4.51%
HDFC Bank CD - 29.12.2016 3.63% 8.30% GOI - 31.12.2042 2.81% 8.24% GOI - 10.11.2033 2.20% TATA Capital Ltd CP - 19.08.16 1.93% 1.44% INFLATION INDEX GS 2023 1.69% 7.02% GOI - 17.08.2016 1.55% 8.92% L&T Finance Ltd. - 06.07.2018 1.34%
State Bank of Patiala CD - 28.12.2016 1.28%
8.31% GJ SDL - 03.02.2020 0.94%
9.78% Tata Sons - 13.01.2019 0.83%
8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.81%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.80%
8.55% Sundaram Finance - 27.10.17 0.80% EXIM CD - 16.12.2016 0.78% ICICI Bank CD - 06.01.17 0.75% Current Asset/Liabilities 2.71% Others 14.10% Total 81.74%
Assets Under Management (in ` Lakhs) 3,737.13
Assets Class % to Fund
36.69% 30.82% 18.26% 14.23% CD,CP,T Bills,MF,Repo,CBLO,NCA G Sec., GGB Equity
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
0-75% 25-100%
Allocation by Sector - Equity
4.25% 3.22% 1.93% 1.86% 1.76% 1.54% 1.22% 0.78% 0.67% 0.56% 0.47%
Banking & Finance Information Tech Auto & Auto Ancillary Oil & Gas FMCG Pharma Others Capital Goods & Engineering Cement & Cement Products Utilities Telecom
Debt Ratings Profile
38.99%
19.01% 18.28%
12.80%
5.71% 5.11% 0.09% Govt & Govt Guaranteed Bonds
A1+ CBLO AAA Mutual Fund Investments AA+ Fixed Deposit
Debt Maturity Profile
50.05% 6.48% 6.94% 36.52% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
MONEY MARKET FUND (ULIF-041-05/01/10-MNMKKFND-107)
Fund Strategy :Aims to protect your capital and not have downside risks
Performance Meter Money Market Fund Benchmark
Inception (5-Jan-10) 7.8% 8.0% 6 years 8.0% 8.2% 5 years 8.6% 8.6% 4 years 8.7% 8.7% 3 years 8.5% 8.8% 2 years 8.4% 8.6% 1 year 8.1% 8.0% 6 mth 3.8% 3.7% 3 mth 1.8% 1.8% 1 mth 0.6% 0.6%
Benchmark details: Equity - 0% (NA); Debt - 100% (Crisil Liquid)
Debt Portfolio % to Fund
Corporation Bank CD - 14.12.2016 8.77%
STEEL AUTHORITY OF INDIA LTD CP - 07.12.16 8.71%
L&T Finance CP - 28.06.2016 8.62% ICICI Bank CD - 06.01.17 8.61% EXIM CD - 16.12.2016 8.56% HDFC Ltd CP - 10.06.16 8.42% TATA Capital Ltd CP - 19.08.16 8.41% IL & FS CP 18.08.16 8.38% Axis Bank CD - 27.10.2016 8.29%
State Bank of Patiala CD - 28.12.2016 7.93%
Bajaj Finance Limited CP - 30.03.2016 4.74%
SBBJ CD - 14.09.2016 4.01%
HDFC Bank CD - 29.12.2016 3.93%
Mutual Fund Investments 2.56%
Current Asset/Liabilities 0.06%
Others 0.00%
Total 100.00%
Assets Under Management (in ` Lakhs) 16,774.64
Assets Class % to Fund
100.00%
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
- 100%
Debt Ratings Profile
97.44% 2.56%
A1+
Mutual Fund Investments
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
KOTAK DYNAMIC GROWTH FUND (ULIF-012-27/06/03-DYGWTFND-107)
Fund Strategy :Aims for a high level of capital growth by holding a significant portion in large sized company equities.
Performance Meter Kotak Dynamic Growth Fund Benchmark
Inception (27-Jun-03) 13.9% 12.5% 10 years 9.3% 8.2% 7 years 12.8% 11.8% 6 years 8.5% 6.1% 5 years 8.5% 6.1% 4 years 10.2% 7.5% 3 years 10.9% 7.8% 2 years 11.9% 7.6% 1 year -12.6% -16.2% 6 mth -9.9% -9.7% 3 mth -10.4% -9.8% 1 mth -6.1% -6.0%
Benchmark details: Equity - 80% (BSE 100); Debt - 20% (Crisil Bond)
Equity % to Fund
Infosys Ltd 6.85%
HDFC Bank Ltd 5.13%
I T C Ltd 4.31%
IndusInd Bank Limited 2.80%
Sun Pharmaceuticals Ltd 2.80%
Britannia Industries Ltd 2.79%
R Shares Banking ETF 2.51%
Axis Bank Ltd 2.32%
Tata Motors Ltd 2.20%
Kotak Banking ETF - Dividend Payout Option 2.20%
Larsen And Toubro Ltd 2.08%
ICICI Bank Ltd 2.04%
UltraTech Cement Ltd 1.95%
Tata Consultancy Services Ltd 1.93%
YES BANK LTD 1.73%
Hindustan Petroleum Corporation Ltd 1.67%
Maruti Suzuki India Ltd 1.58%
Mahindra & Mahindra Ltd 1.48%
HCL Technologies Ltd 1.45%
Lupin Ltd 1.41%
Others (Details in the Annexure) 22.52%
Total 73.76%
Debt Portfolio % to Fund
8.13% GOI - 22.06.2045 3.97%
8.17% GOI - 01.12.2044 3.60%
8.30% GOI - 31.12.2042 2.28%
11.15% REC - 24.10.2018 1.93%
Mutual Fund Investments 1.41%
8.30% GOI - 02.07.2040 1.37% 8.24% GOI - 10.11.2033 1.37% 7.16% GOI - 20.05.2023 0.97% 9.36% IDFC Bank - 21.08.24 0.95% 8.84% PGC - 21.10.2019 0.92% 8.42% TN SDL - 25.08.2020 0.74% 9.85% HDFC Bank 2019 - 17.03.2024 CALL 17.03.2019 0.57% 9.70% PFC - 15.12.2018 0.56% 8.65% PFC - 28.12.2024 0.54%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.54%
7.95% MAH SDL - 03.07.2023 0.45% 9.02% REC - 19.11.2022 0.37% 8.20% OMC GOI 2023-10.11.23 0.35% 7.02% GOI - 17.08.2016 0.29% 7.28% GOI - 03.06.2019 0.29% Current Asset/Liabilities 1.15% Others 1.62% Total 26.24%
Assets Under Management (in ` Lakhs) 5,492.02
Assets Class % to Fund
73.76% 16.39%
7.29% 2.56% Equity
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
40-80% 20-60%
Allocation by Sector - Equity
20.06% 10.24% 8.92% 7.33% 6.15% 5.58% 4.91% 3.72% 3.27% 1.79% 1.78%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
65.31% 27.70%
5.64% 1.36% Govt & Govt Guaranteed Bonds
AAA
Mutual Fund Investments
Fixed Deposit
Debt Maturity Profile
10.32% 9.95% 15.01% 64.72% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
DYNAMIC FLOOR FUND (ULIF-028-14/11/06-DYFLRFND-107)
Fund Strategy :Aims to provide you with stable long-term inflation beating growth over medium to long-term and defend your capital against short-term capital shocks.
Performance Meter Dynamic Floor Fund Benchmark
Inception (14-Nov-06) 8.5% 7.8% 7 years 7.2% 10.4% 6 years 5.3% 7.6% 5 years 5.0% 7.8% 4 years 5.2% 8.2% 3 years 4.7% 8.3% 2 years 6.7% 9.3% 1 year -8.5% -4.4% 6 mth -3.8% -2.6% 3 mth -4.1% -3.9% 1 mth -2.5% -2.8%
Benchmark details: Equity - 37.5% (Nifty); Debt - 62.5% (Crisil Bond)
Equity % to Fund
Infosys Ltd 3.38%
HDFC Bank Ltd 2.54%
I T C Ltd 2.16%
Sun Pharmaceuticals Ltd 1.31%
IndusInd Bank Limited 1.19%
Britannia Industries Ltd 1.17%
Axis Bank Ltd 1.14%
Tata Motors Ltd 1.09%
Kotak Banking ETF - Dividend Payout Option 1.08%
R Shares Banking ETF 1.01%
ICICI Bank Ltd 0.99%
UltraTech Cement Ltd 0.95%
Tata Consultancy Services Ltd 0.95%
Larsen And Toubro Ltd 0.92%
Hindustan Petroleum Corporation Ltd 0.91%
Maruti Suzuki India Ltd 0.76%
YES BANK LTD 0.75%
Mahindra & Mahindra Ltd 0.73%
HCL Technologies Ltd 0.72%
Asian Paints Ltd 0.70%
Others (Details in the Annexure) 9.07%
Total 33.53%
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 15.18% 8.13% GOI - 22.06.2045 12.76% 8.30% GOI - 31.12.2042 4.10% 8.24% GOI - 10.11.2033 3.17% 1.44% INFLATION INDEX GS 2023 1.90% TATA Capital Ltd CP - 19.08.16 1.83% 7.02% GOI - 17.08.2016 1.40% HDFC Bank CD - 29.12.2016 1.11% 8.92% L&T Finance Ltd. - 06.07.2018 0.97% 8.30% REC - 10.04.2025 0.87% 9.78% Tata Sons - 13.01.2019 0.85% 8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.82% EXIM CD - 16.12.2016 0.74% ICICI Bank CD - 06.01.17 0.66% 8.55% Sundaram Finance - 27.10.17 0.64%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.52%
9.98% ICICI Perpetual Bond -CALL 13.09.16. 0.51%
10.75% Shriram Transport Finance Co Ltd 24.10.2016 0.51%
HDFC Ltd CP - 10.06.16 0.50%
10.05% Bajaj Finance Ltd - 10.01.2017 0.46%
Current Asset/Liabilities 1.90%
Others 15.06%
Total 66.47%
Assets Under Management (in ` Lakhs) 90,338.63
Assets Class % to Fund
41.65%
33.53% 17.16%
7.65% G Sec., GGB
Equity
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
0-75% 25-100%
Allocation by Sector - Equity
8.90% 5.05% 4.13% 3.50% 2.61% 2.43% 2.15% 1.98% 1.41% 0.78% 0.59%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Mining & Minerals
Debt Ratings Profile
64.49% 20.50%
8.76%
5.99% 0.15% 0.12% Govt & Govt Guaranteed Bonds
AAA
A1+
AA+
Mutual Fund Investments
Fixed Deposit
Debt Maturity Profile
16.95% 7.24% 9.16% 66.66% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
KOTAK DYNAMIC BALANCED FUND (ULIF-009-27/06/03-DYBALFND-107)
Fund Strategy :Aims for moderate growth by holding a diversified mix of equities and fixed interest instruments.
Performance Meter Kotak Dynamic Balanced Fund Benchmark
Inception (27-Jun-03) 12.8% 11.2% 10 years 9.6% 8.2% 7 years 12.1% 10.9% 6 years 8.5% 6.7% 5 years 8.8% 6.9% 4 years 10.0% 7.9% 3 years 10.4% 8.1% 2 years 12.0% 8.7% 1 year -8.4% -10.7% 6 mth -6.8% -6.5% 3 mth -7.6% -7.1% 1 mth -4.4% -4.5%
Benchmark details: Equity - 60% (BSE 100); Debt - 40% (Crisil Bond)
Equity % to Fund
Infosys Ltd 4.98%
HDFC Bank Ltd 3.70%
I T C Ltd 3.15%
IndusInd Bank Limited 2.04%
Sun Pharmaceuticals Ltd 1.98%
R Shares Banking ETF 1.84%
Britannia Industries Ltd 1.77%
Axis Bank Ltd 1.63%
Tata Motors Ltd 1.60%
Kotak Banking ETF - Dividend Payout Option 1.58%
Larsen And Toubro Ltd 1.50%
ICICI Bank Ltd 1.46%
Tata Consultancy Services Ltd 1.41%
UltraTech Cement Ltd 1.40%
YES BANK LTD 1.32%
Hindustan Petroleum Corporation Ltd 1.21%
Maruti Suzuki India Ltd 1.14%
Mahindra & Mahindra Ltd 1.08%
HCL Technologies Ltd 1.05%
Lupin Ltd 1.03%
Others (Details in the Annexure) 16.41%
Total 53.28%
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 10.07%
8.13% GOI - 22.06.2045 8.43%
Mutual Fund Investments 3.19%
8.30% GOI - 31.12.2042 2.82% 8.24% GOI - 10.11.2033 2.21% 7.02% GOI - 17.08.2016 1.56% 1.44% INFLATION INDEX GS 2023 1.29% 8.85% PGC - 19.10.2026 0.76% 9.75% REC - 11.11.2021. 0.63% 9.36% IDFC Bank - 21.08.24 0.62% 9.85% HDFC Bank 2019 - 17.03.2024 CALL 17.03.2019 0.62%
9.39% LIC Housing Finance - 23.08.2024 - P - 26.08.15 0.62%
9.45% HDFC - 21.08.2019 P - 21.09.15 0.62%
9.78% Tata Sons - 13.01.2019 0.62%
9.24% HDFC - 24.06.2024 0.61%
10.10% HDFC - 13.09.2017 0.61%
8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.61%
9.85% Shriram Transport Finance Co Ltd 15.07.2017 0.61%
10.05% Bajaj Finance Ltd - 10.01.2017 0.61%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.60%
Current Asset/Liabilities 1.90%
Others 7.12%
Total 46.72%
Assets Under Management (in ` Lakhs) 1,667.77
Assets Class % to Fund
53.28% 28.77%
12.38% 5.56% Equity
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
30-60% 40-70%
Allocation by Sector - Equity
14.53% 7.44% 6.23% 5.31% 4.58% 3.99% 3.55% 2.71% 2.35% 1.31% 1.28%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
64.20% 22.45%
7.13%
4.65% 1.04% 0.53% Govt & Govt Guaranteed Bonds
AAA
Mutual Fund Investments
AA+
A1+
Fixed Deposit
Debt Maturity Profile
16.45% 5.84% 7.95% 69.76% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
KOTAK DYNAMIC BOND FUND (ULIF-015-15/04/04-DYBNDFND-107)
Fund Strategy :Aims to preserve capital and minimize downside risk, with investment in debt and government instruments.
Performance Meter Kotak Dynamic Bond Fund Benchmark
Inception (15-Apr-04) 8.4% 6.2% 10 years 9.2% 7.1% 7 years 8.6% 7.4% 6 years 8.6% 8.0% 5 years 9.0% 8.6% 4 years 8.6% 8.6% 3 years 7.8% 8.5% 2 years 10.7% 11.2% 1 year 4.0% 7.0% 6 mth 1.9% 3.5% 3 mth 0.1% 1.2% 1 mth 0.4% 0.2%
Benchmark details: Equity - 0% (NA); Debt - 100% (Crisil Bond)
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 24.43% 8.13% GOI - 22.06.2045 20.53% 8.30% GOI - 31.12.2042 6.64% 8.24% GOI - 10.11.2033 5.15% 7.02% GOI - 17.08.2016 3.46% 1.44% INFLATION INDEX GS 2023 2.82% 8.55% Sundaram Finance - 27.10.17 1.70% 8.30% REC - 10.04.2025 1.54% 7.59% GOI 2016-12.04.16 0.99% 8.92% L&T Finance Ltd. - 06.07.2018 0.92% 9.24% HDFC - 24.06.2024 0.90%
9.85% Shriram Transport Finance Co Ltd 15.07.2017 0.87%
10.05% Bajaj Finance Ltd - 10.01.2017 0.85%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.84%
10.08% IOT Utkal Energy Services Limited - 20.03.2026 0.73%
8.23% MAH SDL - 09.09.2025 0.72%
8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.72%
9.75% HDFC - 10.10.2016 0.71%
10.08% IOT Utkal Energy Services Limited - 20.03.2025 0.68%
9.78% Tata Sons - 13.01.2019 0.68%
Current Asset/Liabilities 3.84%
Others 20.29%
Total 100.00%
Assets Under Management (in ` Lakhs) 86,807.91
Assets Class % to Fund
67.58% 27.86%
4.56%
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
- 100%
Debt Ratings Profile
70.28% 22.41%
6.31% 0.72% 0.25% 0.02% Govt & Govt Guaranteed Bonds
AAA
AA+
A1+
Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
10.37% 7.54% 7.38% 74.72% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
KOTAK DYNAMIC GILT FUND (ULIF-006-27/06/03-DYGLTFND-107)
Fund Strategy :Aims to preserve your capital and minimize your downside risk, with investment in debt and government instruments.
Performance Meter Kotak Dynamic Gilt Fund Benchmark
Inception (27-Jun-03) 7.1% 7.3% 10 years 7.9% 8.2% 7 years 7.6% 7.5% 6 years 8.2% 8.5% 5 years 8.6% 9.0% 4 years 8.6% 9.1% 3 years 7.6% 8.5% 2 years 11.5% 11.5% 1 year 3.7% 6.5% 6 mth 2.1% 3.5% 3 mth 0.2% 1.2% 1 mth 0.5% 0.0%
Benchmark details: Equity - 0% (NA); Debt - 100% (IBEX)
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 24.72%
8.13% GOI - 22.06.2045 20.14%
8.30% GOI - 31.12.2042 7.03%
8.24% GOI - 10.11.2033 5.00%
Mutual Fund Investments 4.52%
8.99% MP SDL - 07.03.2022 3.84% 7.02% GOI - 17.08.2016 3.44% 8.63% MH SDL - 09.01.2023 2.65% CBLO Investments 2.55% 9.39% GJ SDL - 20.11.2023 2.55% 9.11% MP SDL - 28.05.2024 2.38% 8.25% MH SDL - 13.05.2025 2.12% 1.44% INFLATION INDEX GS 2023 2.10% 8.98% PN SDL - 14.10.2021 1.99% 8.91% MAH SDL - 05.09.2022 1.96% 8.52% GJ SDL - 19.01.2021 1.92% 8.92% KA SDL - 07.03.2022 1.33% 7.59% GOI 2016-12.04.16 0.96% 8.25% MH SDL - 10.06.2025 0.83% 8.20% GOI - 24.09.2025 0.77% Current Asset/Liabilities 3.12% Others 4.06% Total 100.00%
Assets Under Management (in ` Lakhs) 4,112.64
Assets Class % to Fund
89.81% 10.19%
G Sec., GGB
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
- 100%
Debt Ratings Profile
92.69% 4.67% 2.64%
Govt & Govt Guaranteed Bonds
Mutual Fund Investments
CBLO
Debt Maturity Profile
11.85% 0.00% 15.83% 72.32% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
KOTAK DYNAMIC FLOATING RATE FUND (ULIF-020-07/12/04-DYFLTRFND-107)
Fund Strategy :Aims to preserve capital and minimize downside risk, with investment in debt and government instruments.
Performance Meter Kotak Dynamic Floating Rate Fund Benchmark
Inception (7-Dec-04) 7.6% 7.2% 10 years 7.9% 7.5% 7 years 7.8% 7.5% 6 years 8.4% 8.2% 5 years 9.0% 8.6% 4 years 9.3% 8.7% 3 years 9.5% 8.8% 2 years 8.9% 8.6% 1 year 6.9% 8.0% 6 mth 3.1% 3.7% 3 mth 1.4% 1.8% 1 mth 0.5% 0.6%
Benchmark details: Equity - 0% (NA); Debt - 100% (Crisil Liquid)
Debt Portfolio % to Fund
GOI FRB - 21.12.2020 12.95%
L&T Finance Ltd NSE Mibor +1.55% - 28.10.2016 7.79%
IL & FS CP 18.08.16 7.68%
EXIM Floater INCMTBMK + 100 bps - 09.08.2016 7.32%
8.19% GOI - 16.01.2020 6.72%
8.13% GOI - 22.06.2045 6.42%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 5.90%
State Bank of Patiala CD - 28.12.2016 5.36%
Corporation Bank CD - 14.12.2016 5.16%
5.59% GOI - 04.06.2016 4.56%
6.05% GOI - 12.06.2019 4.31%
TATA Capital Ltd CP - 19.08.16 3.07%
8.13% OMC GOI Special Bond - 16.10.21 2.88%
Axis Bank CD - 27.10.2016 2.60% 8.17% GOI - 01.12.2044 2.53% 9.37% MAH SDL - 04.12.2023 2.47% 7.28% GOI - 03.06.2019 2.35% 8.51% PN SDL - 10.04.2023 2.07% 9.65% TN SDL - 12.03.2024 1.78%
Bajaj Finance Limited CP - 30.03.2016 1.59%
Current Asset/Liabilities 1.79%
Others 2.71%
Total 100.00%
Assets Under Management (in ` Lakhs) 2,195.07
Assets Class % to Fund
38.27%
33.96% 27.77%
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
- 100%
Debt Ratings Profile
52.15% 25.91%
13.46%
7.93% 0.54% Govt & Govt Guaranteed Bonds
A1+
AAA
AA+
Mutual Fund Investments
Debt Maturity Profile
52.49% 29.75% 17.76% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
PEAK GUARANTEE FUND I (ULIF-049-14/02/10-PKGRTFND1-107)
Fund Strategy :Aims for a high level of capital growth by holding a significant portion in large sized company equities.
Performance Meter Peak Guarantee Fund I Benchmark
Inception (14-Feb-10) 5.6% 7.7% 6 years 5.6% 7.6% 5 years 5.4% 7.8% 4 years 5.8% 8.2% 3 years 5.2% 8.3% 2 years 7.2% 9.3% 1 year -7.6% -4.4% 6 mth -2.8% -2.6% 3 mth -3.1% -3.9% 1 mth -1.5% -2.8%
Benchmark details: Equity - 37.5% (Nifty); Debt - 62.5% (Crisil Bond)
Equity % to Fund
Infosys Ltd 1.50%
I T C Ltd 1.18%
HDFC Bank Ltd 1.15%
Reliance Industries Ltd 1.14%
Housing Development Finance Corp. Ltd 1.01%
Tata Consultancy Services Ltd 0.80%
Sun Pharmaceuticals Ltd 0.67%
ICICI Bank Ltd 0.66%
Larsen And Toubro Ltd 0.66%
Hindustan Unilever Ltd 0.47%
Mahindra & Mahindra Ltd 0.42%
Tata Motors Ltd 0.42%
Axis Bank Ltd 0.38%
Bharti Airtel Ltd 0.33%
Maruti Suzuki India Ltd 0.32%
HCL Technologies Ltd 0.32%
Lupin Ltd 0.31%
Asian Paints Ltd 0.30%
State Bank of India 0.30%
Oil & Natural Gas Corporation Ltd 0.28%
Others (Details in the Annexure) 4.50%
Total 17.12%
Debt Portfolio % to Fund
CBLO Investments 15.89%
8.17% GOI - 01.12.2044 10.04%
8.13% GOI - 22.06.2045 8.38%
ICICI Bank CD - 31.05.16 5.47%
Mutual Fund Investments 4.56%
HDFC Bank CD - 29.12.2016 3.63% 8.30% GOI - 31.12.2042 2.78% 8.24% GOI - 10.11.2033 2.17% TATA Capital Ltd CP - 19.08.16 1.97% 1.44% INFLATION INDEX GS 2023 1.83% 7.02% GOI - 17.08.2016 1.52% 8.31% GJ SDL - 03.02.2020 1.37%
State Bank of Patiala CD - 28.12.2016 1.28%
8.92% L&T Finance Ltd. - 06.07.2018 1.14%
9.78% Tata Sons - 13.01.2019 0.93%
8.90% SAIL - 01.05.2019 CALL 01.05.2014 0.92%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.90%
EXIM CD - 16.12.2016 0.77% ICICI Bank CD - 06.01.17 0.77% 12.30% GOI - 02.07.2016 0.69% Current Asset/Liabilities 2.72% Others 13.14% Total 82.88%
Assets Under Management (in ` Lakhs) 2,202.62
Assets Class % to Fund
38.08% 31.86% 17.12% 12.94% CD,CP,T Bills,MF,Repo,CBLO,NCA G Sec., GGB Equity
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
0-100% 0-100%
Allocation by Sector - Equity
3.98% 3.02% 1.81% 1.74% 1.65% 1.45% 1.14% 0.73% 0.63% 0.52% 0.44%
Banking & Finance Information Tech Auto & Auto Ancillary Oil & Gas FMCG Pharma Others Capital Goods & Engineering Cement & Cement Products Utilities Telecom
Debt Ratings Profile
39.74%
19.82% 18.60%
11.48%
5.69% 4.52% 0.15% Govt & Govt Guaranteed Bonds
CBLO A1+ AAA Mutual Fund Investments AA+ Fixed Deposit
Debt Maturity Profile
51.68% 5.43% 6.94% 35.96% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
KOTAK GUARANTEED GROWTH FUND (ULIF-013-27/06/03-GRTGWTFND-107)
Fund Strategy :Aims for a high level of capital growth by holding a significant portion in large sized company equities.
Assets Under Management (in ` Lakhs) 1,00,404.48
Performance Meter Kotak Guaranteed Growth Fund Benchmark
Inception (27-Jun-03) 12.9% 10.9% 10 years 8.0% 8.4% 7 years 10.2% 11.0% 6 years 7.6% 7.4% 5 years 8.1% 7.7% 4 years 8.6% 8.3% 3 years 8.5% 8.4% 2 years 10.4% 9.6% 1 year -7.9% -5.1% 6 mth -6.5% -3.3% 3 mth -7.3% -4.4% 1 mth -4.2% -2.9%
Benchmark details: Equity - 40% (BSE 100); Debt - 60% (Crisil Bond)
Equity % to Fund
Infosys Ltd 4.79%
HDFC Bank Ltd 3.55%
I T C Ltd 3.04%
IndusInd Bank Limited 1.98%
Sun Pharmaceuticals Ltd 1.84%
Britannia Industries Ltd 1.78%
R Shares Banking ETF 1.70%
Axis Bank Ltd 1.63%
Tata Motors Ltd 1.55%
UltraTech Cement Ltd 1.54%
Kotak Banking ETF - Dividend Payout Option 1.37%
ICICI Bank Ltd 1.37%
Tata Consultancy Services Ltd 1.37%
YES BANK LTD 1.20%
Hindustan Petroleum Corporation Ltd 1.18%
Maruti Suzuki India Ltd 1.11%
Mahindra & Mahindra Ltd 1.05%
Larsen And Toubro Ltd 1.03%
HCL Technologies Ltd 1.02%
Lupin Ltd 1.00%
Others (Details in the Annexure) 15.29%
Total 50.38%
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 11.35% 8.13% GOI - 22.06.2045 9.49% 8.30% GOI - 31.12.2042 3.18% 8.24% GOI - 10.11.2033 2.49% 7.02% GOI - 17.08.2016 1.76% 1.44% INFLATION INDEX GS 2023 1.72% 9.34% REC - 25.08.2024 0.84%
LIC Housing Finance Ltd INBMK+120BPS -29.07.16 0.74%
8.30% REC - 10.04.2025 0.71%
Mutual Fund Investments 0.56%
8.55% Sundaram Finance - 27.10.17 0.53%
10.05% Bajaj Finance Ltd - 10.01.2017 0.51%
7.59% GOI 2016-12.04.16 0.50%
9.85% Shriram Transport Finance Co Ltd 15.07.2017 0.44%
10.75% Shriram Transport Finance Co Ltd 24.10.2016 0.44%
9.24% HDFC - 24.06.2024 0.42%
10.08% IOT Utkal Energy Services Limited - 20.03.2023 0.40%
10.08% IOT Utkal Energy Services Limited - 20.03.2022 0.36%
10.08% IOT Utkal Energy Services Limited - 20.03.2026 0.35%
10.08% IOT Utkal Energy Services Limited - 20.03.2025 0.35%
Current Asset/Liabilities 1.74%
Others 10.72%
Total 49.62%
Assets Class % to Fund
50.38% 32.95% 14.15% 2.52% Equity G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
0-80% 20-100%
Allocation by Sector - Equity
13.72% 7.18% 6.11% 5.27% 4.18% 3.76% 3.22% 2.58% 1.85% 1.26% 1.24%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
68.62% 23.08%
6.08%
1.17% 0.58% 0.46% Govt & Govt Guaranteed Bonds
AAA
AA+
Mutual Fund Investments
Fixed Deposit
A1+
Debt Maturity Profile
12.79% 6.09% 7.37% 73.74% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
KOTAK GUARANTEED BALANCED FUND (ULIF-010-27/06/03-GRTBALFND-107)
Fund Strategy :Aims for moderate growth by holding a diversified mix of equities and fixed interest instruments.
Performance Meter Kotak Guaranteed Balanced Fund Benchmark
Inception (27-Jun-03) 11.7% 9.8% 10 years 8.3% 8.2% 7 years 9.8% 10.1% 6 years 7.7% 7.6% 5 years 8.1% 8.0% 4 years 8.5% 8.4% 3 years 8.2% 8.4% 2 years 10.4% 10.0% 1 year -5.6% -2.1% 6 mth -5.0% -1.6% 3 mth -6.0% -3.0% 1 mth -3.4% -2.2%
Benchmark details: Equity - 30% (BSE 100); Debt - 70% (Crisil Bond)
Equity % to Fund
Infosys Ltd 3.97%
HDFC Bank Ltd 2.95%
I T C Ltd 2.51%
IndusInd Bank Limited 1.58%
Sun Pharmaceuticals Ltd 1.54%
Britannia Industries Ltd 1.43%
R Shares Banking ETF 1.40%
Axis Bank Ltd 1.35%
Tata Motors Ltd 1.28%
Kotak Banking ETF - Dividend Payout Option 1.23%
ICICI Bank Ltd 1.16%
Tata Consultancy Services Ltd 1.13%
UltraTech Cement Ltd 1.06%
Hindustan Petroleum Corporation Ltd 0.97%
Maruti Suzuki India Ltd 0.91%
YES BANK LTD 0.87%
Mahindra & Mahindra Ltd 0.86%
Larsen And Toubro Ltd 0.85%
HCL Technologies Ltd 0.85%
Lupin Ltd 0.83%
Others (Details in the Annexure) 12.67%
Total 41.39%
Debt Portfolio % to Fund
8.17% GOI - 01.12.2044 13.23% 8.13% GOI - 22.06.2045 11.58% 8.30% GOI - 31.12.2042 3.86% 8.24% GOI - 10.11.2033 3.04% 1.44% INFLATION INDEX GS 2023 2.17% 7.02% GOI - 17.08.2016 2.15% 8.30% REC - 10.04.2025 0.91%
10.08% IOT Utkal Energy Services Limited - 20.03.2026 0.77%
9.78% Tata Sons - 13.01.2019 0.71%
10.05% Bajaj Finance Ltd - 10.01.2017 0.70%
10.08% IOT Utkal Energy Services Limited - 20.03.2023 0.65%
7.59% GOI 2016-12.04.16 0.60%
10.08% IOT Utkal Energy Services Limited - 20.03.2022 0.59%
10.08% IOT Utkal Energy Services Limited - 20.03.2024 0.59%
9.85% Shriram Transport Finance Co Ltd 15.07.2017 0.59%
8.55% Sundaram Finance - 27.10.17 0.57%
10.75% Shriram Transport Finance Co Ltd 24.10.2016 0.57%
9.24% HDFC - 24.06.2024 0.47%
10.08% IOT Utkal Energy Services Limited - 20.03.2025 0.47%
8.23% MAH SDL - 09.09.2025 0.47%
Current Asset/Liabilities 2.62%
Others 11.29%
Assets Under Management (in ` Lakhs) 8,636.64
Assets Class % to Fund
41.39%
39.81%
16.11% 2.69% Equity
G Sec., GGB
NCD, Floaters, ZCB, Long Term Deposits
CD,CP,T Bills,MF,Repo,CBLO,NCA
Approved Asset Allocation
Equity Non Equity
0-60% 40-100%
Allocation by Sector - Equity
11.29% 5.94% 5.02% 4.35% 3.47% 3.16% 2.45% 2.12% 1.54% 1.03% 1.03%
Banking & Finance Information Tech FMCG Auto & Auto Ancillary Pharma Others Cement & Cement Products Oil & Gas Capital Goods & Engineering Paints Media
Debt Ratings Profile
70.88% 22.27%
6.40% 0.32% 0.13% Govt & Govt Guaranteed Bonds
AAA
AA+
Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
10.42% 6.31% 7.33% 75.93% 0% 20% 40% 60% 80% 100%
MONTHLY UPDATE
MARCH 2016
AS ON 29th FEBRUARY 2016
INDIVIDUAL FUND
PENSION CLASSIC OPPORTUNITIES FUND (ULIF-042-07/01/10-PNCLAOPFND-107)
Fund Strategy :Aims to maximize opportunity for long term capital growth by holding significant portions in a diversified and flexible mix of large/medium sized stocks.
Allocation by Sector - Equity
25.77% 12.84% 10.80% 9.22% 8.13% 7.86% 7.85% 6.06% 5.77% 2.29% 1.82%
Banking & Finance Information Tech Auto & Auto Ancillary FMCG Pharma Oil & Gas Others Cement & Cement Products Capital Goods & Engineering Fertilisers Media
Performance Meter Opportunities FundPension Classic Benchmark
Inception (7-Jan-10) 9.7% 4.7% 6 years 9.8% 5.9% 5 years 9.9% 6.0% 4 years 11.6% 7.7% 3 years 12.4% 8.5% 2 years 14.3% 8.7% 1 year -18.3% -19.8% 6 mth -14.1% -12.5% 3 mth -13.8% -12.4% 1 mth -8.3% -7.7%
Benchmark Details: Equity - 100% (BSE 200)
Equity % to Fund
Infosys Ltd 8.40%
HDFC Bank Ltd 6.78%
IndusInd Bank Limited 3.85%
Kotak Banking ETF - Dividend Payout Option 3.78%
Britannia Industries Ltd 3.22%
Sun Pharmaceuticals Ltd 3.10%
Maruti Suzuki India Ltd 3.06%
Axis Bank Ltd 2.85%
Larsen And Toubro Ltd 2.82%
Tata Motors Ltd 2.80%
YES BANK LTD 2.71%
Reliance Industries Ltd 2.65%
UltraTech Cement Ltd 2.49%
HCL Technologies Ltd 2.38%
Hindustan Petroleum Corporation Ltd 2.31%
ICICI Bank Ltd 2.15%
Lupin Ltd 2.09%
Tata Consultancy Services Ltd 2.06%
I T C Ltd 2.01%
Shree Cement Ltd 1.80%
Others (Details in the Annexure) 35.12%
Total 98.41%
Debt Portfolio % to Fund
ICICI Bank CD - 31.05.16 0.52%
CBLO Investments 0.37%
8.00% HDFC Bank FD NSE - 08.08.2016 0.01%
8.00% HDFC Bank FD NSE - 24.07.2016 0.01%
Mutual Fund Investments 0.01%
8.00% HDFC Bank FD BSE - 24.07.2016 0.01%
Current Asset/Liabilities 0.66%
Others 0.00%
Total 1.59%
Assets Under Management (in ` Lakhs) 12,156.24
Assets Class % to Fund
98.41% 1.56% 0.03%
Equity
CD,CP,T Bills,MF,Repo,CBLO,NCA
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
75-100% 0-25%
Debt Ratings Profile
55.57% 39.86%
3.56% 1.01% A1+
CBLO
Fixed Deposit
Mutual Fund Investments
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
< 1 Year 1 to <3 Year 3 to <7 Year 7 Year & Above
KOTAK PENSION OPPORTUNITIES FUND (ULIF-032-17/07/09-PNOPPFND-107)
Fund Strategy :Aims to maximize opportunity for long term capital growth by holding significant portions in a diversified and flexible mix of large/medium sized stocks
Performance Meter Opportunities FundKotak Pension Benchmark
Inception (17-Jul-09) 8.9% 7.4% 6 years 9.3% 5.9% 5 years 9.2% 6.0% 4 years 10.8% 7.7% 3 years 11.4% 8.5% 2 years 13.5% 8.7% 1 year -18.3% -19.8% 6 mth -14.0% -12.5% 3 mth -13.6% -12.4% 1 mth -8.2% -7.7%
Benchmark Details: Equity - 100% (BSE 200)
Equity % to Fund
Infosys Ltd 8.26%
HDFC Bank Ltd 6.85%
IndusInd Bank Limited 3.77%
Kotak Banking ETF - Dividend Payout Option 3.66%
Britannia Industries Ltd 3.21%
Sun Pharmaceuticals Ltd 3.11%
Maruti Suzuki India Ltd 3.08%
Axis Bank Ltd 2.78%
Larsen And Toubro Ltd 2.76%
Tata Motors Ltd 2.74% YES BANK LTD 2.62% Reliance Industries Ltd 2.60% UltraTech Cement Ltd 2.44% HCL Technologies Ltd 2.35% ICICI Bank Ltd 2.32%
Hindustan Petroleum Corporation Ltd 2.26%
Tata Consultancy Services Ltd 2.02%
Lupin Ltd 1.95%
I T C Ltd 1.94%
Shree Cement Ltd 1.77%
Others (Details in the Annexure) 34.26%
Total 96.76%
Debt Portfolio % to Fund
CBLO Investments 2.56%
ICICI Bank CD - 31.05.16 0.50%
Mutual Fund Investments 0.06%
8.00% HDFC Bank FD NSE - 24.07.2016 0.02% 8.00% HDFC Bank FD NSE - 08.08.2016 0.02% 8.00% HDFC Bank FD BSE - 24.07.2016 0.01% Current Asset/Liabilities 0.06% Others 0.00% Total 3.24%
Assets Under Management (in ` Lakhs) 2,340.46
Assets Class % to Fund
96.76% 3.19% 0.06%
Equity
CD,CP,T Bills,MF,Repo,CBLO,NCA
NCD, Floaters, ZCB, Long Term Deposits
Approved Asset Allocation
Equity Non Equity
75-100% 0-25%
Allocation by Sector - Equity
25.40% 12.62% 10.75% 9.03% 7.80% 7.78% 7.71% 6.03% 5.63% 2.23% 1.77%
Banking & Finance Information Tech Auto & Auto Ancillary FMCG Pharma Others Oil & Gas Cement & Cement Products Capital Goods & Engineering Fertilisers Media
Debt Ratings Profile
80.59% 15.80%
1.87% 1.75%
CBLO
A1+
Mutual Fund Investments
Fixed Deposit
Debt Maturity Profile
100.00% 0% 20% 40% 60% 80% 100%
