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Max Life UL Life Growth Super Fund
Max Life UL Life Growth Super Fund (SFIN: ULIF01108/02/07LIFEGRWSUP104) is an open-ended equity-oriented fund that invests at least 70% of its assets in equities.
...Read MoreYou Get (as on 31 July 2025)
Total investment
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Estimated returns
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Overview
Fund Size (AUM)
₹ 13,105.84 Cr
as on 31 July 2025
NAV
₹ 81.91
as on 31 July 2025
1 Year Return
-0.90%
as on 31 July 2025
Benchmark Index
NSE Nifty 100%
Inception Date
21 May 2007
Nav Performance
Investment Philosophy
As an equity-oriented scheme, a major portion of the investible assets of the scheme are invested in equity stocks of domestic companies.
The scheme is biased towards large capitalization stocks, i.e. NSE- listed Indian companies that are ranked in the top 100 on the basis of their free-float market cap.
The focus on large-cap equity investments by this scheme provides investors a balance between the growth potential of equities with the stability i.e. potentially low volatility of India’s largest companies.
Portfolio Overview
The equity allocation in Max Life Growth Super Fund cannot be less than 70% at any point of time. As per the fund manager’s conviction and based on current market conditions, equity allocation of the scheme can be up to 100% of the fund portfolio. Apart from equities, Max Life Growth Super Fund can also invest in money market instruments or equivalents (max. 30%), G-Secs (max. 20%) and corporate bonds (max. 20%).
Fund Performance vs. Benchmark
Time Horizon* | Fund Returns (%) | Benchmark Returns (%) |
---|---|---|
1 Year | -4.60% | -3.21% |
3 Years | 12.87% | 11.22% |
5 Years | 16.64% | 16.50% |
Since Inception | 12.06%% | 10.02% |
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Written bySumit Narula

Investment Writer
Published 17th April 2024

Reviewed byPrateek Pandey

Last Modified 11th September 2025
Investment Expert

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 31 July, 2025. Past performance does not guarantee future returns.
Top 10 Industries in the Fund
Industry Name |
---|
FINANCIAL AND INSURANCE ACTIVITIES |
INFRASTRUCTURE |
COMPUTER PROGRAMMING, CONSULTANCY AND RELATED ACTIVITIES |
MUTUAL FUND - LIQUID |
MANUFACTURE OF COKE AND REFINED PETROLEUM PRODUCTS |
MANUFACTURE OF MOTOR VEHICLES, TRAILERS AND SEMI-TRAILERS |
MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS |
MANUFACTURE OF PHARMACEUTICALS, MEDICINAL CHEMICAL AND BOTANICAL PRODUCTS |
INFORMATION SERVICE ACTIVITIES |
MANUFACTURE OF OTHER TRANSPORT EQUIPMENT |
OTHER |
Asset Allocation
Asset Type | Actual (%) | Asset-Range |
---|---|---|
Govt. Securities | 0.00% | 0.00% |
Debt Portfolio | 51.99 | 0.41% |
Equity Portfolio | 12,675.75 | 99.59% |
Total AUM | 12,727.74 | 100.00% |
Money Market or Equivalent | 51.99 | 0.41% |
Top 10 Equity in the Fund
Security Name | Amount in Crores (₹) |
---|---|
HOUSING DEVELOPMENT FINANCE CORP BANK | 8.08% |
ICICI BANK LIMITED | 8.01% |
INFOSYS LIMITED | 6.83% |
RELIANCE INDUSTRIES LIMITED | 6.26% |
BHARTI AIRTEL LIMITED | 6.22% |
ETERNAL LIMITED | 4.59% |
LARSEN & TOUBRO LIMITED | 4.21% |
BAJAJ FINANCE LIMITED | 4.14% |
MAHINDRA & MAHINDRA LIMITED | 3.41% |
TATA CONSULTANCY SERVICES LIMITED | 3.01% |
Modified Duration
Debt Portfolio | 0.0082 |
Money Market Instruments | 0.0082 |
Beta | 0.8328 |
Note: Debt portfolio includes MMI
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