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Max Life UL Life Secured Fund
Max Life UL Life Secured Fund (SFIN: ULIF00425/06/04LIFESECURE104) is an open-ended debt fund that invests in G-Secs, corporate bonds and money market instruments of various durations.
...Read MoreYou Get (as on 31 July 2025)
Total investment
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Estimated returns
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Maturity amount
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Overview
Fund Size (AUM)
₹1,063.54 Cr
as on 31 July 2025
NAV
₹ 46.40
as on 31 July 2025
1 Year Returns
7.65%
as on 31 July 2025
Benchmark Index
CRISIL Bond Index 100%
Inception Date
20 September 2004
Nav Performance
Investment Philosophy
Max Life Secured Fund is entirely invested in fixed return debt securities such as corporate bonds, money market instruments issued by banks and corporations as well as Government Securities issued by the central/state governments.
The high quality and potentially low risk debt portfolio of this scheme typically features low level of volatility. This is designed to provide a high degree of capital protection to investors in a variety of market conditions.
The actively managed portfolio of this debt scheme does not have any duration constraints. So the fund manager has the flexibility to choose high quality Debt instruments irrespective of their maturity date.
Fund Performance vs. Benchmark
| Time Horizon* | Fund Returns (%) | Benchmark Returns (%) |
|---|---|---|
| 1 Year | 5.72% | 7.00% |
| 3 Years | 7.00% | 7.48% |
| 5 Years | 6.00%% | 6.01% |
| Since Inception | 7.56% | 7.49% |
Note: Returns more than 1 year are CAGR returns. Above Fund Returns are after deduction of Fund Management Charges (FMC) and as of 31 July, 2025. Past performance does not guarantee future returns.
Trusted by 3,500+ customers
Written bySumit Narula
Investment Writer
Published 17th April 2024
Reviewed byPrateek Pandey
Last Modified 12th September 2025
Investment Expert
Top 10 Government Securities in the Fund
| Security Name | % of AUM |
|---|---|
| 6.33 GOI 05 MAY 2035 | 27.30% |
| 7.24 GOI 18 AUGUST 2055 | 21.23% |
| 7.09 GOI 25 NOVEMBER 2074 | 6.87% |
| 6.92 MADHYA PRADESH SDL 04 JUNE 2043 | 4.79% |
| 6.90 GOI 15 APRIL 2065 | 4.03% |
| 6.68 GOI 07 JULY 2040 | 1.30% |
| 7.24 MADHYA PRADESH SDL 06 AUGUST 2045 | 1.15% |
| 7.46 GOI 06 NOVEMBER 2073 | 0.97% |
| 6.75 MAHARASHTRA SDL 23 APRIL 2039 | 0.49% |
| 6.13 KERALA SDL 21 MAR 2028 | 0.46% |
Top 10 Bonds in the Fund
| Security Name | % of AUM |
|---|---|
| 7.72 BAJAJ FINANCE LIMITED 23 MAY 2033 | 4.90% |
| 7.80 YES BANK 29 SEP 2027 | 3.28% |
| 8.04 INDIA INFRADEBT LIMITED 25 APRIL 2033 | 2.49% |
| 7.75 YES BANK 01 OCT 2027 | 2.04% |
| 7.40 NABARD 29 APRIL 2030 | 1.70% |
| 7.76 FEDERAL BANK INFRA 12 NOV 2034 | 1.45% |
| 9.15 SHRIRAM FINANCE 19 JANUARY 2029 | 1.26% |
| 8.65 INDIA INFRADEBT LIMITED 22 MAR 2026 | 1.09% |
| 9.30 SHRIRAM TRANSPORT FINANCE 18 MAR 2026 | 1.02% |
| 7.50 POWERGRID CORPORATION 24 AUGUST 2033 | 0.77% |
Asset Allocation
| Asset Type | Actual (%) | Asset-Range |
|---|---|---|
| Govt. Securities | 61.68% | 50 - 100% |
| Corporate Bonds | 32.94% | 0 - 50% |
| Money Market OR Equivalent | 5.37% | 0 - 40% |
| Equities | 0.00% | 0 - 0% |
Top 10 Industry in the Fund
| Industry Name |
|---|
| CENTRAL & STATE GOVERNMENT |
| FINANCIAL AND INSURANCE ACTIVITIES |
| INFRASTRUCTURE |
| INVESTMENTS IN HOUSING FINANCE |
| OTHER |
Rating Profile
| AAA | 90.42%% |
| Below AA | 5.48% |
Modified Duration
| Debt Portfolio | 7.5812 |
| Money Market Instruments | 0.0007 |
| Beta | 0.7938 |
Note: Debt portfolio includes MMI
