Monthly Investment Update:

invest
Volume 14, Issue 10
January, 2022 CARE ULIP

UNIT LINKED PRODUCTS FROM SBI LIFE INSURANCE CO. LTD.

IN UNIT LINKED POLICIES, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

SBI Life has a variety of unit linked products with different funds which gives you flexibility to choose your investment pattern to
generate market linked returns according to your risk appetite.

SBI Life ULIP FUNDS*

Products Invested in Various Funds

SBI Life – SBI Life - SBI Life -

SBI Life – SBI Life – SBI Life – SBI Life – SBI Life – SBI Life – SBI Life –
Smart Smart Saral
Smart Smart Elite Smart Retire Smart eWealth Smart
Fund Power Scholar Smart Wealth Wealth Insurance
InsureWeal InsureWeal
Privilege th Plus th Plus
Names Insurance Builder Assure

(UIN: (UIN : (UIN :

(UIN: (UIN: (UIN: (UIN: (UIN: (UIN: (UIN:
111L107V 111L125V 111L124V0
111L090V 111L072V0 111L073V0 111L094V 111L095V 111L077V 111L100V
03) 02) 2)
02) 4) 3) 02) 03) 03) 03)

Equity        
Equity Elite

II
Bond       
Money
       
Market
Growth      
Balanced        
Equity
     
Optimiser
Top 300    
Equity

Pension II
Bond

Pension II
Money
Market 
Pension II
Pure Fund        
Midcap Fund     
Bond
       
Optimiser
Corporate
      
Bond

Please note that SBI Life - Smart Performer (UIN:111L068V01), SBI Life - Smart Scholar (UIN:111L073V01), SBI Life - Smart Elite (UIN:111L072V01) & SBI Life -
Smart Wealth Assure (UIN:111L077V01) are withdrawn w.e.f. 1 October 2013. Also SBI Life – Unit Plus Super (UIN:111L069V01), SBI Life - Saral Maha Anand
(UIN:111L070V01), SBI Life – Smart Horizon (UIN:111L074V01) have been withdrawn w.e.f 1st January 2014. Also, SBI Life - Smart Scholar(UIN : 111L073V02) has
been withdrawn w.e.f 15th January 2020. Also, SBI Life - Smart Power Insurance (UIN : 111L090V01), SBI Life - Smart Wealth Assure (UIN : 111L077V02), SBI Life
- Smart InsureWealth Plus (UIN : 111L125V01), SBI Life - Saral InsureWealth (UIN : 111L124V01) has been withdrawn w.e.f 29th January 2020. Also SBI Life -Smart
Elite (UIN : 111L072V02), SBI Life - Smart

CIN: L99999MH2000PLC129113 11
IRDAI Regn. No. 111.
 January, 2022

Wealth Builder (UIN : 111L095V01), SBI Life - Smart Privilege (UIN : 111L107V01), SBI Life -Saral Maha Anand (UIN : 111L070V02),SBI Life - Retire Smart (UIN :
111L094V01) has been withdrawn w.e.f 1st February 2020. SBI Life - eWealth Insurance (UIN : 111L100V02) has been withdrawn w.e.f 20th January 2020.Also Smart
Privilege (UIN : 111L107V02) and Smart Elite (UIN : 111L072V03) withdrawn w.e.f 4th October 2021 & Smart Wealth Builder (UIN : 111L095V02) withdrawn w.e.f
17th August 2021. However, the funds under the products are still in force.
* The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the
monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

Individual Fund Performance – Snapshot

Returns in %
(Greater than 1 yr : CAGR Returns) **
AUM as Bench
Inception on Jan Since
Funds marks 1 yr 2 yrs 3 yrs 4 yrs 5 yrs
Date 31, 2022 Inception
(` in Cr) (BM)
Fun Fun Fun Fun Fun
Fund BM BM BM BM BM BM
d d d d d

Equity 10-Jan-05 36,507.36 26.24 27.18 19.04 20.40 16.59 16.98 10.93 11.98 14.26 15.16 16.62 13.55

Equity NIFTY
15-Jan-07 547.59 29.90 27.18 21.28 20.40 17.60 16.98 11.69 11.98 15.00 15.16 11.39 9.57
Pension 50

Equity
03-Jan-14 5,293.34 28.52 27.18 20.45 20.40 17.34 16.98 11.84 11.98 15.05 15.16 14.28 13.66
Pension II

Equity
21-Jan-08 1,700.81 25.22 22.31 17.01 17.52 14.70 14.90 10.72 11.03 13.34 13.53 9.87 7.83
Optimiser
Equity
Optimiser 21-Jan-08 162.62 23.29 22.31 19.18 17.52 16.26 14.90 11.97 11.03 14.51 13.53 10.30 7.83
Pension
Nifty 50
Equity Elite 25-Feb-08 13.06 33.93 22.31 26.58 17.52 21.67 14.90 15.99 11.03 18.07 13.53 13.59 7.90
(80%)
LiquiFE
Equity Elite X (20%)
10-Feb-10 9,038.96 22.35 22.31 17.42 17.52 14.91 14.90 10.67 11.03 13.34 13.53 11.38 10.78
Fund II

Top 300 07-Jan-10 1,187.53 24.46 22.31 20.88 17.52 17.22 14.90 12.74 11.03 15.47 13.53 12.14 9.96

Top 300
18-Jan-10 197.15 25.29 22.31 21.39 17.52 17.71 14.90 13.06 11.03 15.71 13.53 11.94 9.97
Pension

Growth 24-Nov-05 1,987.95 Nifty 50 21.01 19.72 18.45 17.00 15.54 14.94 11.35 11.23 13.16 13.04 12.44 11.04
(70%)
CompBex
Growth
15-Feb-07 199.98 (30%) 21.72 19.72 19.33 17.00 16.14 14.94 11.94 11.23 13.58 13.04 11.52 8.21
Pension

Balanced 5-Dec-05 19,689.08 Nifty 50 13.97 14.85 13.55 14.43 12.66 13.33 9.86 10.51 11.17 11.47 10.98 10.31
(50%)
CompBex
Balanced
21-Feb-07 89.58 (50%) 14.17 14.85 14.81 14.43 13.80 13.33 11.02 10.51 12.28 11.47 11.76 9.12
Pension

Bond 10-Jan-05 26,161.19 2.58 3.09 6.52 7.12 7.66 8.50 7.31 7.98 6.29 7.00 8.45 7.30

Bond CRISIL
16-Jan-07 387.67 2.25 3.09 6.24 7.12 8.17 8.50 7.72 7.98 6.81 7.00 8.79 7.71
Pension CompBex

Bond
03-Jan-14 15,596.65 2.46 3.09 6.35 7.12 6.93 8.50 6.62 7.98 5.73 7.00 8.06 8.83
Pension II

FlexiProtect 8-Mar-09 0.22 1.53 NA 1.51 NA 2.49 NA 2.86 NA 3.64 NA 9.51 NA

NA
FlexiProtect
8-Jan-10 0.07 2.13 NA 2.12 NA 3.44 NA 3.41 NA 4.99 NA 7.67 NA
(Series II)

CIN: L99999MH2000PLC129113 22
IRDAI Regn. No. 111.
 January, 2022

Returns in %
Benc (Greater than 1 yr : CAGR Returns) **
AUM as h
Inception on Jan mark
Funds Date 31, 2022 s 1 yr 2 yrs 3 yrs 4 yrs 5 yrs Since Inception
(` in Cr) (BM)
Fund BM Fund BM Fund BM Fund BM Fund BM Fund BM

Daily
6-Sep-10 0.01 2.21 NA 3.95 NA 4.83 NA 4.79 NA 5.78 NA 6.40 NA
Protect

Daily
4-Mar-11 0.01 NA 2.22 NA 3.29 NA 4.53 NA 4.35 NA 5.61 NA 7.42 NA
Protect II

Daily
1-Sep-11 0.24 4.42 NA 4.58 NA 5.55 NA 4.93 NA 6.41 NA 9.18 NA
Protect III

Index 07-Jan-10 137.61 27.07 27.18 21.68 20.40 17.03 16.98 12.74 11.98 14.60 15.16 10.33 10.38
Nifty
50
Index
18-Jan-10 33.13 27.30 27.18 21.57 20.40 17.00 16.98 11.69 11.98 14.60 15.16 10.73 10.38
Pension

Money
1-Feb-06 330.92 3.28 3.61 3.72 4.18 4.71 5.00 5.20 5.55 5.40 5.77 6.76 6.95
Market
CRISI
Money L T-
Market 20-Mar-08 51.26 Bill 3.24 3.61 3.73 4.18 4.73 5.00 5.20 5.55 5.39 5.77 7.24 6.98
Pension Index
Money #
Market 03-Jan-14 828.93 3.01 3.61 3.49 4.18 4.42 5.00 4.91 5.55 5.12 5.77 6.22 6.70
Pension II
Guaranteed
Pension
9-Feb-11 2.49 3.07 NA 6.06 NA 7.05 NA 7.10 NA 5.98 NA 7.09 NA
Fund
(GPF070211)
P/E
8-Sep-10 283.33 14.60 NA 14.39 NA 12.29 NA 8.90 NA 10.96 NA 9.15 NA
Managed

Discontinued NA
11-Apr-11 6,616.13 3.45 NA 4.90 NA 5.74 NA 6.03 NA 5.61 NA 6.57 NA
Policy

Discontinued
03-Jan-14 1,597.76 3.33 NA 5.24 NA 6.14 NA 6.32 NA 5.04 NA 7.21 NA
Pension

Pure Fund 15-Jun-16 571.28 30.62 NA 25.00 NA 18.46 NA 11.05 NA 12.89 NA 13.05 NA

NIFTY
Free
Midcap Fund 15-Jun-16 6,392.43 Float 41.72 44.78 28.72 29.65 24.28 21.44 15.20 9.86 18.23 14.45 18.78 15.51
Midca
p 100
Bond
Optimiser 24-Jan-19 1,220.22 NA 9.51 7.72 11.89 10.19 19.27 10.56 NA NA NA NA 19.23 10.54
Fund
Corporate
24-Jan-19 534.85 NA 3.57 4.24 7.37 7.84 NA NA NA NA NA NA 9.31 9.37
Bond Fund

**Past performance of any of the funds above is not indicative of their future performance.
# Upto 31st March 2018, benchmark is CRISIL Liquifex & from 1st April 2018 onwards benchmark is CRISIL T-Bill Index.

CIN: L99999MH2000PLC129113 33
IRDAI Regn. No. 111.
 January, 2022

Equity Fund (SFIN - ULIF001100105EQUITY-FND111)

INVESTMENT OBJECTIVE
To provide high equity exposure targeting higher returns in the long Fund Description
term. Fund Manager Name Raghavan / Gopikrishna Shenoy
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 14 11 10
Equity 80 100 98.26 35,872.04
Launch Date 10-Jan-05
Debt 0 20 0.00 0.97
Risk Profile High
Money Market 0 20 1.74 634.35
Benchmark Nifty 50
TOTAL 100.00 36,507.36 NAV as on 31-Jan-22 137.9996
Modified Duration 0.01

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Fund -0.58% 8.34% 26.24% 19.04% 16.59% 16.62%

Benchmark -0.08% 10.00% 27.18% 20.40% 16.98% 13.55%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 4

CIN: L99999MH2000PLC129113
 January, 2022

Bond Fund (SFIN - ULIF002100105BONDULPFND111)

INVESTMENT OBJECTIVE
To provide relatively safe and less volatile investment option mainly Fund Description
through debt instruments and accumulation of income through Fund Manager Name Nirmal Gandhi
investment in fixed income securities. No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) by fund Manager 0 2 0
Launch Date 10-Jan-05
Debt 60 100 92.92 24,308.82
Risk Profile Low to Medium
Money Market 0 40 7.08 1,852.37
Benchmark Crisil CompBex
TOTAL 100.00 26,161.19
NAV as on 31-Jan-22 39.9379
Modified Duration 4.27

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Bond Fund -0.35% 1.79% 2.58% 6.52% 7.66% 8.45%

Benchmark -0.48% 1.71% 3.09% 7.12% 8.50% 7.30%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 5

CIN: L99999MH2000PLC129113
 January, 2022

Growth Fund (SFIN - ULIF003241105GROWTH-FND111)

INVESTMENT OBJECTIVE
Long-term capital appreciation through investment primarily in Fund Description
equity and equity related instruments with a small part invested in Fund Manager Name Raghavan / Vaibhav Goyal
debt and money market for diversification and risk reduction.
No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual AUM (In Crs) by fund Manager 19 10 10
Equity 40 90 69.85 1,388.64 Launch Date 24-Nov-05

Debt 10 60 24.30 483.06 Risk Profile Medium to High

Benchmark Nifty 50 (70%) CompBex (30%)
Money Market 0 40 5.85 116.25
NAV as on 31-Jan-22 66.8651
TOTAL 100.00 1,987.95
Modified Duration 4.91

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Growth Fund -0.79% 5.93% 21.01% 18.45% 15.54% 12.44%

Benchmark -0.18% 7.56% 19.72% 17.00% 14.94% 11.04%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 6

CIN: L99999MH2000PLC129113
 January, 2022

Balanced Fund (SFIN - ULIF004051205BALANCDFND111)

INVESTMENT OBJECTIVE

To provide accumulation of income through investment in both Fund Description

equities and fixed income securities with an attempt to maintain a suitable balance
between return and safety. Fund Manager Name Tarang Hora / Vineet Lakhotia

No of funds managed by Equity Debt Balanced

Assets Mix (In %) Min Max Actual (%) AUM (In Crs) fund Manager 5 5 6
Equity 40 60 49.32 9,709.29
Launch Date 05-Dec-05
Debt 20 60 41.76 8,223.01
Risk Profile Medium
Money Market 0 40 8.92 1,756.78
Benchmark Nifty 50 (50%) CompBex (50%)
TOTAL 100.00 19,689.08
NAV as on 31-Jan-22 53.8638

Modified Duration 4.50

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Balanced Fund -0.24% 5.34% 13.97% 13.55% 12.66% 10.98%

Benchmark -0.25% 5.91% 14.85% 14.43% 13.33% 10.31%

` *i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 7

CIN: L99999MH2000PLC129113
 January, 2022

Equity Optimiser Fund (SFIN - ULIF010210108EQTYOPTFND111)

INVESTMENT OBJECTIVE
To provide equity exposure targeting higher returns through long Fund Description
term capital gains. Fund Manager Name Raghavan / Devesh D
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 18 10 18
Equity 60 100 81.61 1,388.11
Launch Date 21-Jan-08
Debt 0 40 0.94 15.94
Risk Profile High
Money Market 0 40 17.45 296.76
Benchmark Nifty 50 (80%) LiquiFEX (20%)
TOTAL 100.00 1,700.81 NAV as on 31-Jan-22 37.4731
Modified Duration 0.11

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Optimiser Fund -0.50% 8.68% 25.22% 17.01% 14.70% 9.87%

Benchmark 0.01% 8.40% 22.31% 17.52% 14.90% 7.83%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 8

CIN: L99999MH2000PLC129113
 January, 2022

Index Fund (SFIN - ULIF015070110INDEXULFND111)

INVESTMENT OBJECTIVE
To provide returns closely corresponding to returns of NSE, S&P CNX Fund Description
Nifty Index, though investment regulations may restrict investment Fund Manager Name Raghavan / Devesh D
in group companies and some large cap companies listed on the
No of funds managed Equity Debt Balanced
Nifty Index leading to higher tracking error.
by fund Manager 18 10 18
Assets Mix (In %) Min Max Actual AUM (In Crs)
Launch Date 07-Jan-10
Equity 90 100 100.12 137.77 Risk Profile High
Money Market 0 10 (0.12) (0.16) Benchmark Nifty 50
TOTAL 100.00 137.61 NAV as on 31-Jan-22 32.7715
Modified Duration NA

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Index Fund -0.25% 9.05% 27.07% 21.68% 17.03% 10.33%

Benchmark -0.08% 10.00% 27.18% 20.40% 16.98% 10.38%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 9

CIN: L99999MH2000PLC129113
 January, 2022

Top 300 Fund (SFIN - ULIF016070110TOP300-FND111)

INVESTMENT OBJECTIVE
To provide long term capital appreciation by investing in stocks of Fund Description
top 300 companies in terms of market capitalization on the National Fund Manager Name Raghavan / Vaibhav Goyal
Stock Exchange. No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) by fund Manager 19 10 10
Launch Date 07-Jan-10
Equity 60 100 79.86 948.34
Risk Profile High
Money Market 0 40 20.14 239.19
Benchmark Nifty 50 (80%) LiquiFEX (20%)
TOTAL 100.00 1,187.53
NAV as on 31-Jan-22 39.8887
Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Top 300 Fund -0.53% 8.26% 24.46% 20.88% 17.22% 12.14%

Benchmark 0.01% 8.40% 22.31% 17.52% 14.90% 9.96%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 10

CIN: L99999MH2000PLC129113
 January, 2022

P/E Managed Fund (SFIN - ULIF021080910P/EMNGDFND111)

INVESTMENT OBJECTIVE
To provide long term capital appreciation through dynamic asset Fund Description
allocation with reference to forward Price Earning (P/E) multiple. Fund Manager Name Raghavan / Devesh D
The allocation to equity and equity related instruments is
No of funds managed Equity Debt Balanced
determined largely by reference to forward Price Earning (P/E)
by fund Manager 18 10 18
multiple on the NSE, S&P CNX Nifty Index and remaining fund is
invested in debt instruments, money market & cash. Launch Date 08-Sept-10
Risk Profile High
Forward P/E Bands Equity Debt, Money Market
Benchmark NA
<12 90-100 0-10 NAV as on 31-Jan-22 27.1469
12 ≥ and < 15 80-100 0-20 Modified Duration NA
15 ≥ and < 18 60-90 10-40 Equity: 48.21%
18 ≥ and < 21 40-80 20-60 Debt & MMI: 51.79%
Actual Asset Mix
≥ 21 0-50 50-100 Equity: 136.59 Crs
Debt & MMI: 146.74 Crs
AUM (Crs) 283.33 Crs

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

P/E Managed Fund -0.05% 5.08% 14.60% 14.39% 12.29% 9.15%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 11

CIN: L99999MH2000PLC129113
 January, 2022

Daily Protect Fund (SFIN - ULIF020060910DLYPRO1FND111)

INVESTMENT OBJECTIVE
To provide NAV protection using the CPPI (Constant Proportion Fund Description
Portfolio Insurance) methodology. The asset allocation is Fund Manager Name Raghavan
dynamically rebalanced to give a guarantee^ of 105% of the highest No of funds managed Equity Debt Balanced
NAV in the built-up phase. by fund Manager 13 10 10
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) Launch Date 06-Sept-10

Equity 0 100 0.00 0.00 Risk Profile Low to Medium

Benchmark NA
Debt & MMI 0 100 100.00 0.01
NAV as on 31-Jan-22 20.3102
TOTAL 100.00 0.01 Modified Duration 0.00

^The Guaranteed NAV shall be available only at maturity and shall be subject to the Policy being in force till the maturity date. Guarantee
charge of 0.50% p.a. of Daily Protect Fund value, would be recovered from the fund (through cancellation of units) to provide the NAV
guarantee.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Daily Protect Fund 0.21% 1.10% 2.21% 3.95% 4.83% 6.40%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 12

CIN: L99999MH2000PLC129113
 January, 2022

Equity Elite Fund (SFIN - ULIF012250208EQTYELTFND111)

INVESTMENT OBJECTIVE
For long-term capital appreciation through higher exposure in Fund Description
equity and equity related instruments. Fund Manager Name Vineet Lakhotia / Raghavanj
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 16 10 12
Equity 60 100 79.88 10.43
Launch Date 25-Feb-08
Debt 0 40 0.08 0.01
Risk Profile High
Money Market 0 40 20.04 2.62
Benchmark Nifty 50 (80%) LiquiFEX (20%)
TOTAL 100.00 13.06 NAV as on 31-Jan-22 59.0856
Modified Duration 0.01

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Elite Fund -0.08% 15.43% 33.93% 26.58% 21.67% 13.59%

Benchmark 0.01% 8.40% 22.31% 17.52% 14.90% 7.90%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 13

CIN: L99999MH2000PLC129113
 January, 2022

Equity Elite Fund II (SFIN - ULIF019100210EQTELI2FND111)

INVESTMENT OBJECTIVE
To provide high equity exposure targeting higher returns in the long Fund Description
run. Fund Manager Name Tarang Hora / Vineet Lakhotia
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 5 5 6
Equity 60 100 79.30 7,168.04
Launch Date 10-Feb-10
Debt 0 40 9.92 896.10
Risk Profile High
Money Market 0 40 10.78 974.82
Benchmark Nifty 50 (80%) LiquiFEX (20%)
TOTAL 100.00 9,038.96 NAV as on 31-Jan-22 36.4020
Modified Duration 0.43

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Elite Fund II -0.35% 7.79% 22.35% 17.42% 14.91% 11.38%

Benchmark 0.01% 8.40% 22.31% 17.52% 14.90% 10.78%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 14

CIN: L99999MH2000PLC129113
 January, 2022

FlexiProtect Fund (SFIN - ULIF014080309FLEXPR1FND111)

INVESTMENT OBJECTIVE
To provide capital protection and optimum returns based on Fund Description
systematic asset allocation model. Fund Manager Name Tarang Hora
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 2 5 4
Equity 0 100 0.00 0.00
Launch Date 08-Mar-09
Debt & MMI 0 100 100.00 0.22
Risk Profile Low to Medium
TOTAL 100.00 0.22
Benchmark NA
NAV as on 31-Jan-22 32.3260
Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

FlexiProtect Fund 0.16% 0.80% 1.53% 1.51% 2.49% 9.51%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 15

CIN: L99999MH2000PLC129113
 January, 2022

FlexiProtect Fund (Series II) (SFIN - ULIF014080110FLEXPR2FND111)

INVESTMENT OBJECTIVE
To provide capital protection and optimum returns based on Fund Description
systematic asset allocation model. Fund Manager Name Tarang Hora
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 2 5 4
Equity 0 100 0.00 0.00
Launch Date 08-Jan-10
Debt & MMI 0 100 100.00 0.07
Risk Profile Low to Medium
TOTAL 100.00 0.07
Benchmark NA
NAV as on 31-Jan-22 24.4003
Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

FlexiProtect Fund (Series II) 0.21% 1.10% 2.13% 2.12% 3.44% 7.67%
Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 16

CIN: L99999MH2000PLC129113
 January, 2022

Equity Pension Fund (SFIN - ULIF006150107PEEQITYFND111)

INVESTMENT OBJECTIVE
To provide high equity exposure targeting higher returns in the long Fund Description
term. Fund Manager Name Raghavan / Vaibhav Goyal
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 19 10 10
Equity 80 100 100.19 548.62
Launch Date 15-Jan-07
Debt 0 20 0.01 0.04
Risk Profile High
Money Market 0 20 (0.20) (1.07)
Benchmark Nifty 50
TOTAL 100.00 547.59 NAV as on 31-Jan-22 50.7383
Modified Duration 0.06

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Pension Fund -0.25% 9.46% 29.90% 21.28% 17.60% 11.39%

Benchmark -0.08% 10.00% 27.18% 20.40% 16.98% 9.57%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 17

CIN: L99999MH2000PLC129113
 January, 2022

Bond Pension Fund (SFIN - ULIF007160107PENBONDFND111)

INVESTMENT OBJECTIVE
To provide relatively safe and less volatile investment option mainly Fund Description
through debt instruments and accumulation of income through Fund Manager Name Raghavan
investment in fixed income securities. No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) by fund Manager 13 10 10
Launch Date 16-Jan-07
Debt 60 100 81.34 315.31
Risk Profile Low to Medium
Money Market 0 40 18.66 72.36
Benchmark Crisil CompBex
TOTAL 100.00 387.67
NAV as on 31-Jan-22 35.5264
Modified Duration 3.96

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Bond Pension Fund -0.35% 1.29% 2.25% 6.24% 8.17% 8.79%

Benchmark -0.48% 1.71% 3.09% 7.12% 8.50% 7.71%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 18

CIN: L99999MH2000PLC129113
 January, 2022

Growth Pension Fund (SFIN - ULIF008150207PEGRWTHFND111)

INVESTMENT OBJECTIVE
To provide long-term capital appreciation through investments Fund Description
primarily in equity and equity related instruments with a small part Fund Manager Name Raghavan / Vaibhav Goyal
invested in debt and money market for diversification and risk
No of funds managed Equity Debt Balanced
reduction.
by fund Manager 19 10 10
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 15-Feb-07
Equity 40 90 72.54 145.07 Risk Profile Medium to High
Debt 10 60 20.19 40.37 Benchmark Nifty 50 (70%) CompBex (30%)
Money Market 0 40 7.27 14.54 NAV as on 31-Jan-22 51.1816
TOTAL 100.00 199.98 Modified Duration 4.46

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Growth Pension Fund -0.74% 6.37% 21.72% 19.33% 16.14% 11.52%

Benchmark -0.18% 7.56% 19.72% 17.00% 14.94% 8.21%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111

CIN: L99999MH2000PLC129113
19
 January, 2022

Balanced Pension Fund (SFIN - ULIF009210207PEBALANFND111)

INVESTMENT OBJECTIVE
To provide accumulation of income through investment in both Fund Description
equities and fixed income securities with an attempt to maintain a Fund Manager Name Divesh D / Raghavan
suitable balance between return and safety. No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) by fund Manager 18 10 18
Launch Date 21-Feb-07
Equity 40 60 51.61 46.24
Risk Profile Medium
Debt 20 60 26.95 24.13
Benchmark Nifty 50 (50%) CompBex (50%)
Money Market 0 40 21.44 19.21 NAV as on 31-Jan-22 52.7763
TOTAL 100.00 89.58 Modified Duration 3.05

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Balanced Pension Fund -0.53% 4.41% 14.17% 14.81% 13.80% 11.76%

Benchmark -0.25% 5.91% 14.85% 14.43% 13.33% 9.12%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 20

CIN: L99999MH2000PLC129113
 January, 2022

Equity Optimiser Pension Fund (SFIN - ULIF011210108PEEQOPTFND111)

INVESTMENT OBJECTIVE
To provide equity exposure targeting higher returns through long Fund Description
term capital gains. Fund Manager Name Raghavan / Devesh D
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 18 10 18
Equity 60 100 84.07 136.72
Launch Date 21-Jan-08
Debt 0 40 1.30 2.11
Risk Profile High
Money Market 0 40 14.63 23.79
Benchmark Nifty 50 (80%) LiquiFEX (20%)
TOTAL 100.00 162.62 NAV as on 31-Jan-22 39.6183
Modified Duration 0.13

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Optimiser Pension Fund -0.39% 7.20% 23.29% 19.18% 16.26% 10.30%
Benchmark 0.01% 8.40% 22.31% 17.52% 14.90% 7.83%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 21

CIN: L99999MH2000PLC129113
 January, 2022

Index Pension Fund (SFIN - ULIF017180110PEINDEXFND111)

INVESTMENT OBJECTIVE
To provide returns closely corresponding to returns of NSE, S&P CNX Fund Description
Nifty Index, though investment regulations may restrict investment Fund Manager Name Raghavan / Devesh D
in group companies and some large cap companies listed on the
No of funds managed Equity Debt Balanced
Nifty Index leading to higher tracking error.
by fund Manager 18 10 18
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 18-Jan-10
Equity 90 100 99.98 33.12 Risk Profile High
Money Market 0 10 0.02 0.01 Benchmark Nifty 50
TOTAL 100.00 33.13 NAV as on 31-Jan-22 34.1251
Modified Duration NA

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Index Pension Fund -0.27% 9.37% 27.30% 21.57% 17.00% 10.73%

Benchmark -0.08% 10.00% 27.18% 20.40% 16.98% 10.38%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111

CIN: L99999MH2000PLC129113
22
 January, 2022

Top 300 Pension Fund (SFIN - ULIF018180110PETP300FND111)

INVESTMENT OBJECTIVE
To provide long term capital appreciation by investing in stocks of Fund Description
top 300 companies in terms of market capitalization on the National Fund Manager Name Raghavan / Vaibhav Goyal
Stock Exchange. No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) by fund Manager 19 10 10
Launch Date 18-Jan-10
Equity 60 100 81.24 160.16
Risk Profile High
Money Market 0 40 18.76 36.99 Benchmark Nifty 50 (80%) LiquiFEX (20%)
TOTAL 100.00 197.15 NAV as on 31-Jan-22 38.9040
Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Top 300 Pension Fund -0.55% 8.43% 25.29% 21.39% 17.71% 11.94%
Benchmark 0.01% 8.40% 22.31% 17.52% 14.90% 9.97%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 23

CIN: L99999MH2000PLC129113
 January, 2022

Daily Protect Fund II (SFIN - ULIF020040311DLYPRO2FND111)

INVESTMENT OBJECTIVE
To provide NAV protection using the CPPI (Constant Proportion Fund Description
Portfolio Insurance) methodology. The asset allocation is Fund Manager Name Raghavan
dynamically rebalanced to give a guarantee^ of 105% of the highest
No of funds managed Equity Debt Balanced
NAV in the built-up phase.
by fund Manager 13 10 10
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 04-Mar-11
Equity 0 100 0.00 0.00 Risk Profile Low to Medium
Debt & MMI 0 100 100.00 0.01 Benchmark NA
TOTAL 100.00 0.01 NAV as on 31-Jan-22 21.8549
Modified Duration 0.00
^The Guaranteed NAV shall be available only at maturity and shall be subject to the Policy being in force till the maturity date. Guarantee
charge of 0.50% p.a. of Daily Protect Fund II value, would be recovered from the fund (through cancellation of units) to provide the NAV
guarantee.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Daily Protect Fund II 0.21% 1.18% 2.22% 3.29% 4.53% 7.42%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111

CIN: L99999MH2000PLC129113 24
 January, 2022

Daily Protect Fund III (SFIN - ULIF020010911DLYPRO3FND111)

INVESTMENT OBJECTIVE
To provide NAV protection using the CPPI (Constant Proportion Fund Description
Portfolio Insurance) methodology. The asset allocation is Fund Manager Name Tarang Hora / Vineet Lakhotia
dynamically rebalanced to give a guarantee^ of 105% of the highest
No of funds managed Equity Debt Balanced
NAV in the built-up phase.
by fund Manager 5 5 6
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 01-Sept-11
Equity 0 100 0.00 0.00 Risk Profile Low to Medium
Debt & MMI 0 100 100.00 0.24 Benchmark NA
TOTAL 100.00 0.24 NAV as on 31-Jan-22 24.9832
Modified Duration 0.00
^The Guaranteed NAV shall be available only at maturity and shall be subject to the Policy being in force till the maturity date. Guarantee
charge of 0.50% p.a. of Daily Protect Fund III value, would be recovered from the fund (through cancellation of units) to provide the NAV
guarantee.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Daily Protect Fund III 0.21% 3.09% 4.42% 4.58% 5.55% 9.18%
Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 25

CIN: L99999MH2000PLC129113
 January, 2022

Money Market Fund (SFIN - ULIF005010206MONYMKTFND111)

INVESTMENT OBJECTIVE
To provide an option to deploy the funds in liquid and safe instruments Fund Description
so as to avoid market risk on a temporary basis. Fund Manager Name Raghavan
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 13 10 10
Debt 0 20 0.00 0.00
Launch Date 01-Feb-06
Money Market 80 100 100.00 330.92
Risk Profile Low
TOTAL 100.00 330.92 Benchmark CRISIL T-Bill Index #
NAV as on 31-Jan-22 28.4909
Modified Duration 0.17

# Upto 31st March 2018, benchmark is CRISIL Liquifex & from 1st April 2018 onwards benchmark is CRISIL T-Bill Index.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Money Market Fund 0.29% 1.66% 3.28% 3.72% 4.71% 6.76%

Benchmark 0.28% 1.69% 3.61% 4.18% 5.00% 6.95%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111

CIN: L99999MH2000PLC129113
26
 January, 2022

Money Market Pension Fund (SFIN - ULIF013200308PEMNYMTFND111)

INVESTMENT OBJECTIVE
To provide an option to deploy the funds in liquid and safe Fund Description
instruments so as to avoid market risk on a temporary basis. Fund Manager Name Raghavan
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 13 10 10
Debt 0 20 0.00 0.00
Launch Date 20-Mar-08
Money Market 80 100 100.00 51.26
Risk Profile Low
TOTAL 100.00 51.26
Benchmark CRISIL T-Bill Index #
NAV as on 31-Jan-22 26.3862
Modified Duration 0.10

# Upto 31st March 2018, benchmark is CRISIL Liquifex & from 1st April 2018 onwards benchmark is CRISIL T-Bill Index.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Money Market Pension Fund 0.28% 1.63% 3.24% 3.73% 4.73% 7.24%
Benchmark 0.28% 1.69% 3.61% 4.18% 5.00% 6.98%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 27

CIN: L99999MH2000PLC129113
 January, 2022

Guaranteed Pension Fund (GPF070211) (SFIN - ULIF022090211PEGURNTFND111)

INVESTMENT OBJECTIVE
To maximise the investment return subject to a guaranteed^ return Fund Description
over a pre specified fixed period (till the last vesting date of all Fund Manager Name Tarang Hora
policies invested in the fund). It aims to guarantee a reverse repo
No of funds managed Equity Debt Balanced
related return by investing mostly in fixed income securities (debt
by fund Manager 2 5 4
instruments, money market instruments and cash) with maturities
close to the maturity date of the fund. Launch Date 09-Feb-11
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) Risk Profile Low

Equity 0 10 0.00 0.00 Benchmark NA

NAV as on 31-Jan-22 21.2348
Debt & MMI 90 100 100.00 2.49
Modified Duration 1.47
TOTAL 100.00 2.49

^The Guaranteed NAV is applicable only at maturity, and shall be further subject to the Policy being in force till the Maturity Date. Guarantee
Charge of 0.35% p.a. would be recovered from the Fund (through cancellation of units) to provide the NAV Guarantee.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

GPF070211 0.34% 1.14% 3.07% 6.06% 7.05% 7.09%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 28

CIN: L99999MH2000PLC129113
 January, 2022

Discontinued Policy Fund (SFIN - ULIF024110411DISCOPOFND111)

This is a segregated fund of the company and created as required by the IRDAI.
INVESTMENT OBJECTIVE
The objective of the fund is to achieve relatively less volatile Fund Description
investment return mainly through debt instruments and Fund Manager Name Raghavan
accumulation of income through investment in fixed interest
No of funds managed Equity Debt Balanced
securities and liquid investments.
by fund Manager 13 10 10
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 11-Apr-11
Govt. Securities 60 100 97.19 6,430.52 Risk Profile Low
Money Market 0 40 2.81 185.61 Benchmark NA
TOTAL 100.00 6,616.13 NAV as on 31-Jan-22 19.9081
Modified Duration 1.44

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Discontinued Policy Fund 0.34% 1.37% 3.45% 4.90% 5.74% 6.57%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 29

CIN: L99999MH2000PLC129113
 January, 2022

Equity Pension Fund II (SFIN - ULIF027300513PEEQIT2FND111)

INVESTMENT OBJECTIVE
The objective of this fund is to provide high equity exposure Fund Description
targeting higher returns in the long term. Fund Manager Name Raghavan / Vaibhav Goyal
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 19 10 10
Equity 80 100 98.28 5,202.19
Launch Date 10-Jan-14
Debt 0 20 0.00 0.18
Risk Profile High
Money Market 0 20 1.72 90.97
Benchmark Nifty 50
TOTAL 100.00 5,293.34 NAV as on 31-Jan-22 29.3565
Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Equity Pension Fund II -0.39% 9.03% 28.52% 20.45% 17.34% 14.28%

Benchmark -0.08% 10.00% 27.18% 20.40% 16.98% 13.66%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 30

CIN: L99999MH2000PLC129113
 January, 2022

Bond Pension Fund II (SFIN - ULIF028300513PENBON2FND111)

INVESTMENT OBJECTIVE
The objective of this fund is to provide relatively safe and less Fund Description
volatile investment option mainly through debt instruments and Fund Manager Name Nirmal Gandhi / Tarang Hora
accumulation of income through investment in fixed income
No of funds managed Equity Debt Balanced
securities.
by fund Manager 2 7 4
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) Launch Date 10-Jan-14
Debt 60 100 92.83 14,479.14 Risk Profile Low to Medium
Money Market 0 40 7.17 1,117.51 Benchmark Crisil CompBex

TOTAL 100.00 15,596.65 NAV as on 31-Jan-22 18.6908

Modified Duration 4.20

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Bond Pension Fund II -0.33% 1.58% 2.46% 6.35% 6.93% 8.06%

Benchmark -0.48% 1.71% 3.09% 7.12% 8.50% 8.83%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 31

CIN: L99999MH2000PLC129113
 January, 2022

Money Market Pension Fund II (SFIN - ULIF029300513PEMNYM2FND111)

INVESTMENT OBJECTIVE
The objective of this fund is to park the funds in liquid and safe Fund Description
instruments so as to avoid market risk on a temporary basis. Fund Manager Name Raghavan
Assets Mix (In %) Min Max Actual (%) AUM (In Crs) No of funds managed Equity Debt Balanced
by fund Manager 13 10 10
Debt 0 20 0.00 0.00
Launch Date 10-Jan-14
Money Market 80 100 100.00 828.93
Risk Profile Low
TOTAL 100.00 828.93
Benchmark CRISIL T-Bill Index #
NAV as on 31-Jan-22 16.2703
Modified Duration 0.22

# Upto 31st March 2018, benchmark is CRISIL Liquifex & from 1st April 2018 onwards benchmark is CRISIL T-Bill Index.

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Money Market Pension Fund II 0.27% 1.54% 3.01% 3.49% 4.42% 6.22%
Benchmark 0.28% 1.69% 3.61% 4.18% 5.00% 6.70%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111

CIN: L99999MH2000PLC129113
32
 January, 2022

Discontinued Pension Fund (SFIN - ULIF025300513PEDISCOFND111)

This is a segregated fund of the company and created as required by the IRDAI.
INVESTMENT OBJECTIVE
The objective of the fund is to achieve relatively less volatile Fund Description
investment return mainly through debt instruments and Fund Manager Name Raghavan
accumulation of income through investment in fixed interest
No of funds managed Equity Debt Balanced
securities and liquid investments.
by fund Manager 13 10 10
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 22-Aug-14
Govt. Securities 60 100 80.79 1,290.82 Risk Profile Low
Money Market 0 40 19.21 306.94 Benchmark NA
TOTAL 100.00 1,597.76 NAV as on 31-Jan-22 16.7987
Modified Duration 1.25

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Discontinued Pension Fund 0.30% 1.41% 3.33% 5.24% 6.14% 7.21%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 33

CIN: L99999MH2000PLC129113
 January, 2022

Pure Fund (SFIN - ULIF030290915PUREULPFND111)

INVESTMENT OBJECTIVE
The objective of this fund is to provide high equity exposure Fund Description
targeting higher returns in the long term.
Fund Manager Name Raghavan / Devesh D
The Fund invests in Equities of sectors other than banks, financial
No of funds managed Equity Debt Balanced
institutions and non-banking financial companies, breweries,
by fund Manager
distilleries, alcohol based chemicals, cigarettes, tobacco, 18 10 18
entertainment (Films, TV etc), hotels, gambling, lotteries, contests, Launch Date 21-Jun-16
leather, animal produce, sugar and hatcheries.
Risk Profile High
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Benchmark NA
Equity 80 100 93.54 534.35
Money Market 0 20 6.46 36.93 NAV as on 31-Jan-22 19.9222

TOTAL 100.00 571.28 Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Pure Fund -3.23% 6.31% 30.62% 25.00% 18.46% 13.05%

Benchmark NA NA NA NA NA NA

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 34

CIN: L99999MH2000PLC129113
 January, 2022

Midcap Fund (SFIN - ULIF031290915MIDCAPFUND111)

INVESTMENT OBJECTIVE
The objective of this fund is to provide high equity exposure Fund Description
targeting higher returns in the long term by investing predominantly Fund Manager Name Tarang Hora / Vineet Lakhotia
in Midcap Companies.
No of funds managed Equity Debt Balanced
by fund Manager 5 5 6
Assets Mix (In %) Min Max Actual (%) AUM (In Crs)
Launch Date 21-Jun-16
Equity 80 100 93.45 5,974.00
Risk Profile High
Debt 0 20 0.00 0.00 Benchmark NIFTY Free Float Midcap 100
Money Market 0 20 6.55 418.43 NAV as on 31-Jan-22 26.3076
TOTAL 100.00 6,392.43 Modified Duration 0.00

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Midcap Fund -0.87% 9.05% 41.72% 28.72% 24.28% 18.78%

Benchmark - NIFTY Free Float Midcap 100 -0.55% 8.84% 44.78% 29.65% 21.44% 15.51%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 35

CIN: L99999MH2000PLC129113
 January, 2022

Bond Optimiser Fund (SFIN - ULIF032290618BONDOPTFND111)

INVESTMENT OBJECTIVE
The objective of this fund is to earn returns higher than pure fixed Fund Description
income fund by investing in a mix of Government securities, Fund Manager Name Tarang Hora / Gopikrishna
Corporate Bonds, Money market instrument & upto 25% in Equity Shenoy
instruments. No of funds managed Equity Debt Balanced
Assets Mix (In %) Min Max Actual AUM (In Crs) by fund Manager 3 6 4
Equity 0 25 18.73 228.59 Launch Date 31-Jan-19
Debt 75 100 78.17 953.76 Risk Profile Low To Medium

Money Market 0 25 3.10 37.87 Benchmark NIFTY 50 20% CompBEX 80%

TOTAL 100.00 1,220.22 NAV as on 31-Jan-22 16.9670

Modified Duration 4.10

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Bond Optimiser Fund -0.35% 5.02% 9.51% 11.89% 19.27% 19.23%

Benchmark -0.38% 3.40% 7.72% 10.19% 10.56% 10.54%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 36

CIN: L99999MH2000PLC129113
 January, 2022

Corporate Bond Fund (SFIN - ULIF033290618CORBONDFND111)

INVESTMENT OBJECTIVE
The objective of this fund is to earn steady income for policy Fund Description
holders by investing in debt instruments & optimise returns for the Fund Manager Name Tarang Hora
portfolio by predominantly investing in corporate bonds of medium
No of funds managed Equity Debt Balanced
term maturities. This strategy reduces the volatility caused by sharp by fund Manager 2 5 4
movements in interest rates.
Assets Mix (In %) Min Max Actual AUM (In Crs) Launch Date 01-Feb-19
Risk Profile Low To Medium
Debt 70 100 94.36 504.70
Benchmark Crisil Medium term Gilt Index 20%
Money Market 0 30 5.64 30.15 Crisil Medium term AAA index 80%
NAV as on 31-Jan-22 13.0627
TOTAL 100.00 534.85
Modified Duration 3.40

FUND PERFORMANCE*
Returns 1 Mth 6 Mths 1 yr 2 yrs 3 yrs Since Inception

Corporate Bond Fund -0.05% 1.61% 3.57% 7.37% NA 9.31%

Benchmark -0.14% 1.89% 4.24% 7.84% NA 9.37%

*i) Returns less than or equal to one year are absolute returns. Returns greater than a year are in terms of Compound
Annual Growth Rate (CAGR) is expressed as a percentage rounded to the nearest 0.1%.
ii) Past performance of any of the funds is not indicative of their future performance.

IRDAI Regn. No. 111 37

CIN: L99999MH2000PLC129113
January, 2022

Risk Factors:
1) IN UNIT LINKED POLICIES, THE INVESTMENT RISK IN INVESTMENT
PORTFOLIO IS BORNE BY THE POLICYHOLDER.
2) Unit Linked Life Insurance products are different from the traditional products and are subject to
market risks
3) The Linked Insurance products do not offer any liquidity during the first five years of the
contract. The policyholders will not be able to surrender/ withdraw the monies invested in
Linked Insurance Products completely or partially till the end of fifth year.
4) Premium paid in unit linked policies are subject to investment risks associated with capital markets
and NAVs of the units may go up or down based on the performance of fund and factors influencing
the capital market and the insured is responsible for his/her decisions.
5) SBI Life Insurance Co. Ltd. is only the name of the insurance company and the various products
offered are only the names of the unit linked life insurance contract and does not in any way indicate
the quality of the contract, its future prospects or returns.
6) The various funds offered under SBI Life Unit Linked products are only the names of funds and do
not in any way indicate the quality of these funds, their future prospects and returns.
7) Please know the associated risk and applicable charges from your Insurance Advisor or the
intermediary or the policy document issued by the insurance company
8) In case of surrender request during the first five years, the fund value shall be payable on the first
working day of the 6th policy year. In case of surrender request after 5th policy year, the fund value
will be paid immediately.
9) “With effect from 1st November 2013, the composition of 'Debt and Money Market Instruments'
has been further split in to two separate Asset class 'Debt Instruments' and 'Money Market
Instruments' respectively".
10) All benefits payable under this policy are subject to tax laws and other fiscal enactments in-effect
from time to time, please consult your tax advisor for details.
11) In case of Retirement Product*, benefits by way of surrender, complete withdrawal or
maturity/vesting will be available in the form of annuities except to the extent of commutation of
such benefits as allowed under the prevailing Income Tax rules.
*For Retirement products purchase with effect from January 01, 2014.

CIN: L99999MH2000PLC129113 38
IRDAI Regn. No. 111.
January, 2022

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS / FRADULENT OFFERS

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

Trade logo displayed above belongs to State Bank of India and is used by SBI Life under license.

To know more about us

Visit us at www.sbilife.co.in or Call Toll Free No. 1800 267 9090 (9.00 a.m. to 9.00 p.m)
SBI Life Insurance Co. Ltd.
Registered Office and Corporate Office: "Natraj", M.V Road & Western Express Highway Junction, Andheri (E), Mumbai-
400069
CIN: L99999MH2000PLC129113
Email: info@sbilife.co.in
IRDAI Regn. No. 111
For more details on Risk Factors, Terms & Conditions, please read the sales brochure carefully before concluding a sale

CIN: L99999MH2000PLC129113 39
IRDAI Regn. No. 111.