Max Life Pure Growth Fund
You Get
Overview
Fund Size (AUM)
₹ 250.36 Cr
as on 30 Sep 2024
NAV
₹ 18.0767
as on 30 Sep 2024
1 Year Return
54.96%
as on 30 Sep 2024
Benchmark Index
Nifty Customised Pure Equity 100%
Inception Date
8 February 2023
Nav Performance
Investment Philosophy
The scheme is focused on providing medium to long-term growth of capital to investors by primarily investing in equities. But the scheme can also make relatively smaller investments in debt securities such as Money Market securities and cash equivalents.
Pure Growth Fund is a ESG scheme that follows principles of Sharia. So the fund does not invest in the stock of companies that get a significant portion of their revenue from sectors such as Banking & Financial Services, entertainment such as cinema/television, etc., specific types of animal produce, tobacco/tobacco products and Alcoholic beverage.
Due to high equity exposure of the scheme portfolio, this fund is considered to be suitable for long-term investors with a high degree of risk tolerance.
Portfolio Overview
Fund Performance vs. Benchmark
Time Horizon* | Fund Returns (%) | Benchmark Returns (%) |
---|---|---|
1 Year | 54.96% | 46.71% |
3 Years | NA | NA |
5 Years | NA | NA |
Since Inception | 43.36% | 38.33% |
Note: Returns more than 1 year are CAGR returns. Above Fund Returns are after deduction of Fund Management Charges (FMC). Above returns are after deduction of Fund Management Charges (FMC) and as of 30 Sep, 2024. Past performance does not guarantee future returns.
Top 10 Equity in the Fund
Security Name | Amount in Crores (₹) |
---|---|
INFOSYS LIMITED | 11.72 |
TRENT LIMITED | 10.70 |
SUZLON ENERGY LIMITED | 7.72 |
HINDUSTAN UNILEVER LIMITED | 7.48 |
ALKEM LABORATORIES LIMITED | 6.87 |
FORTIS HEALTHCARE LIMITED | 6.78 |
BIKAJI FOODS INTERNATIONAL LTD | 6.19 |
VARUN BEVERAGES LIMITED | 6.17 |
VOLTAS LIMITED | 6.15 |
ORCHID PHARMA LTD | 6.04 |
Top 10 Industries in the Fund
Industry Name | % of Fund |
---|---|
MANUFACTURE OF PHARMACEUTICALS,MEDICINAL CHEMICAL AND BOTANICAL PRODUCTS | 12.20% |
COMPUTER PROGRAMMING, CONSULTANCY AND RELATED ACTIVITIES | 11.07% |
MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS | 11.03% |
INFRASTRUCTURE | 7.58% |
MANUFACTURE OF MOTOR VEHICLES, TRAILERS AND SEMI-TRAILERS | 6.40% |
MANUFACTURE OF OTHER NON-METALLIC MINERAL PRODUCTS | 6.04% |
MANUFACTURE OF FOOD PRODUCTS | 5.74% |
OTHER MANUFACTURING | 4.95% |
MANUFACTURE OF COKE AND REFINED PETROLEUM PRODUCTS | 3.85% |
OTHER | 27.07% |
Asset Allocation
Asset Type | Actual (%) | Asset-Range |
---|---|---|
Govt Securities | 0.00% | 0% |
Corporate Bonds | 0.00% | 0% |
Money Market OR Equivalent OR Cash | 2.98% | 0 - 40% |
Equities | 97.02% | 60 - 100% |
Rating Profile
AAA | 0.00% |
AA+ | 0.00% |
AA | 0.00% |
Below AA | 0.00% |
Modified Duration
Debt Portfolio | 0.00 |
Money Market Instruments | 0.00 |
Note: Debt portfolio includes MMI
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