MONTHLY UPDATE

DECEMBER 2023
 Discovery Fund as on December 31, 2023
Fund Objective : The Fund aims to deliver long term growth of capital by investing predominantly in mid-cap companies. The fund will invest up to 100% in mid-cap stocks which are defined as stocks with
market cap falling within the market capitalisation range in the underlying benchmark Nifty free float midcap index (getting renamed as Nifty Midcap 100 index). The fund can also invest up to 25% of the
portfolio in stocks falling outside the mid-cap index market cap range. The fund may also invest up to 10% of the portfolio in fixed income instruments, money market instruments, cash, deposits and liquid mutual
AUM (` in Lakhs)
SFIN Code : ULIF06618/01/18DiscvryFnd101 Equity Debt MMI & Others Total
Inception Date : 03 Sep 2018 371,978.51 - 22,818.95 394,797.46
NAV : 31.4778
No. Of Funds Managed
Fund Manager
Fund V/s Benchmark Performance Equity Fund Debt Fund Hybrid Fund
Period Returns (%) Benchmark Returns (%)# Mr Nishit Dholakia 7 - 3
Inception 24.01% 17.15%
10 Years N/A N/A
7 Years N/A N/A Asset Category F&U Mandate % of Actual
5 Years 24.48% 20.90% Money Market Insts
0% to 10% 5.69%
3 Years 26.92% 30.37% Public Deposits
2 Years 16.66% 23.17% Govt. Securities
0% to 10% 0.00%
1 Year 36.49% 46.57% Corporate Bonds
6 Months 22.65% 29.16% Equity 90% to 100% 94.22%
1 Month 7.04% 7.63% Net Current Assets - 0.09%
# Nifty MidCap 100
Note: Returns over 1 year have been annualized. Sector Allocation as per NIC 2008
% to Fund
Portfolio Mfg of Electrical Equipment 3.06%
Mfg of Machinery & Equipment 3.38%
Equity % to Fund
Mfg of Chemical Products 3.96%
Trent Ltd. 1.93%
Human Health Activities 4.06%
Power Finance Corporation Ltd 1.74%
Retail Trade 4.21%
AU Small Finance Bank Limited 1.70%
Max Healthcare Institute Limited 1.69% Electricity,Gas & AC Supply 4.35%
The Indian Hotels Company Ltd 1.67% Mfg of Rubber & Plastics Products 4.90%
Torrent Power Ltd. 1.66% Mfg of Pharmaceuticals 6.90%
Lupin Limited 1.57% Computer Programming 7.05%
Federal Bank Limited 1.55% Financial Service Activities 21.74%
Balkrishna Industries Ltd. 1.53%
Others 36.39%
IndusInd Bank Limited 1.52%
HDFC Bank Limited 1.52%
Mahindra & Mahindra Financial Services Limited 1.51%
REC Limited 1.44%
Debt Maturity Profile
100.00% 100.00%
Max Financial Services Limited 1.39%
Coforge Limited 1.35%
Tube Investments of India Ltd. 1.35%
Cummins India Ltd. 1.34%
Alkem Laboratories Ltd 1.32%
90.00%
Bharat Forge Ltd 1.30%
IPCA Laboratories Ltd 1.27%
Axis Bank Limited 1.26%
Dixon Technologies (India) Limited 1.20%
Page Industries Ltd 1.17% 80.00%
0 - 1 Yr
ICICI Bank Limited 1.14%
Bharat Electronics Ltd 1.12%
Voltas Ltd 1.12%
Fortis Healthcare Limited 1.11%
Apollo Hospitals Enterprise Limited 1.11%
Astral Limited 1.11%
APL Apollo Tubes Ltd 1.07%
CG Power and Industrial Solutions Limited 1.06%
Indraprastha Gas Ltd. 1.06%
PB Fintech Limited 1.06%
MRF Ltd. 1.05%
Reliance Industries Limited 1.05%
Indian Renewable Energy Development Agency Limited 1.04%
Cholamandalam Investment & Finance Company Ltd 1.04%
LTIMindtree Limited 1.04%
Ashok Leyland Limited 1.03%
ITC Limited 1.02%
Titan Company Limited 1.02%
Hindustan Petroleum Corporation Ltd. 1.01%
Tata Power Co. Ltd 1.01%
SRF Limited 1.00%
Crompton Greaves Consumer Electricals Ltd 0.98%
Sona BLW Precision Forgings Limited 0.98%
Tvs Motor Company Ltd. 0.97%
Bank of India 0.97%
Kesoram Industries Ltd 0.96%
Jindal Steel & Power Limited 0.95%
FSN E-Commerce Ventures Limited 0.93%
UNO Minda Limited 0.91%
Nesco Limited 0.89%
P I Industries Limited 0.89%
National Mineral Development Corporation Ltd 0.89%
Container Corporation of India Ltd 0.87%
Mphasis Limited 0.87%
Infosys Limited 0.86%
Persistent Systems Ltd. 0.84%
Tata Technologies Limited 0.79%
Bharti Airtel Ltd 0.78%
Shriram Finance Ltd 0.78%
L&T Technology Services Ltd 0.73%
Coromandel International Ltd 0.73%
Macrotech Developers Ltd 0.71%
Union Bank Of India 0.71%
Zee Entertainment Enterprises Limited 0.70%
The Ramco Cements Ltd 0.65%
Godrej Properties Limited 0.64%
Kotak Mahindra Bank Limited 0.60%
Bank of Baroda 0.59%
Jubilant FoodWorks Ltd 0.57%
ACC Ltd. 0.56%
Bata India Ltd 0.52%
Info Edge (India) Limited 0.52%
Avenue Supermarts Ltd 0.52%
Tata Communications Ltd 0.52%
Indian Bank 0.51%
Solar Industries India Ltd 0.51%
Others 11.56%

Total 94.22%

Deposits, Money Mkt Securities and Net Current Assets. 5.78%

Grand Total 100.00%