Discovery Fund as on March 31, 2024
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 funds.
AUM (` in Lakhs)
SFIN Code : ULIF06618/01/18DiscvryFnd101 Equity Debt MMI & Others Total
Inception Date : 03 Sep 2018 465,420.38 - 37,782.13 503,202.51
NAV : 33.3844
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 24.12% 17.17%
10 Years N.A. N.A.
7 Years N.A. N.A. Asset Category F&U Mandate % of Actual
5 Years 25.24% 21.36% Money Market Insts
0% to 10% 7.74%
3 Years 24.11% 26.60% Public Deposits
2 Years 21.85% 27.25% Govt. Securities
0% to 10% 0.00%
1 Year 50.01% 60.06% Corporate Bonds
6 Months 21.28% 18.60% Equity 90% to 100% 92.49%
1 Month 1.26% -0.54% Net Current Assets - -0.23%
# Nifty MidCap 100
Note: Returns over 1 year have been annualized. Sector Allocation as per NIC 2008
% to Fund
Portfolio
Mfg of Computer & Electronic 2.93%
Mfg of Rubber & Plastics Products 3.85%
Equity % to Fund
Mfg of Chemical Products 3.90%
Max Healthcare Institute Limited 2.28%
Mfg of Machinery & Equipment 3.94%
Torrent Power Ltd. 2.16%
Retail Trade 3.99%
The Indian Hotels Company Ltd 2.14%
Cummins India Ltd. 1.85% Human Health Activities 4.20%
Lupin Limited 1.85% Electricity,Gas & AC Supply 4.42%
Trent Ltd. 1.77% Computer Programming 6.21%
IndusInd Bank Limited 1.54% Mfg of Pharmaceuticals 7.45%
Alkem Laboratories Ltd 1.42%
Financial Service Activities 18.14%
Federal Bank Limited 1.40%
Others 40.95%
Max Financial Services Limited 1.39%
Balkrishna Industries Ltd. 1.38%
Tube Investments of India Ltd. 1.37%
PB Fintech Limited 1.34% Debt Maturity Profile
100.00% 100.00%
Dixon Technologies (India) Limited 1.34%
Coforge Limited 1.32%
IPCA Laboratories Ltd 1.29%
CG Power and Industrial Solutions Limited 1.29%
APL Apollo Tubes Ltd 1.26%
90.00%
Mahindra & Mahindra Financial Services Limited 1.25%
Voltas Ltd 1.21%
Persistent Systems Ltd. 1.19%
Astral Limited 1.19%
Cholamandalam Investment & Finance Company Ltd 1.15% 80.00%
0 - 1 Yr
AU Small Finance Bank Limited 1.12%
Bharat Forge Ltd 1.12%
Union Bank Of India 1.10%
Bank of India 1.09%
ITC Limited 1.06%
Titan Company Limited 1.06%
Fortis Healthcare Limited 1.04%
Bharat Electronics Ltd 1.04%
MRF Ltd. 1.03%
Reliance Industries Limited 1.03%
Tata Power Co. Ltd 1.02%
SRF Limited 1.02%
HDFC Bank Limited 1.01%
Page Industries Ltd 0.99%
Sona BLW Precision Forgings Limited 0.99%
Power Finance Corporation Ltd 0.99%
Axis Bank Limited 0.99%
ICICI Bank Limited 0.98%
Macrotech Developers Ltd 0.96%
Hindustan Petroleum Corporation Ltd. 0.95%
Ashok Leyland Limited 0.92%
FSN E-Commerce Ventures Limited 0.92%
KPIT TECHNOLOGIES LIMITED 0.89%
Container Corporation of India Ltd 0.88%
Indraprastha Gas Ltd. 0.86%
Jindal Steel & Power Limited 0.84%
UNO Minda Limited 0.82%
National Mineral Development Corporation Ltd 0.80%
Bharti Airtel Ltd 0.79%
P I Industries Limited 0.77%
Apollo Hospitals Enterprise Limited 0.76%
Tvs Motor Company Ltd. 0.75%
Kesoram Industries Ltd 0.75%
Crompton Greaves Consumer Electricals Ltd 0.74%
Godrej Properties Limited 0.73%
Tata Communications Ltd 0.72%
L&T Technology Services Ltd 0.71%
Shriram Finance Ltd 0.70%
Solar Industries India Ltd 0.70%
ACC Ltd. 0.69%
Mphasis Limited 0.69%
Nesco Limited 0.65%
Coromandel International Ltd 0.64%
LTIMindtree Limited 0.59%
Zydus Lifesciences Limited 0.59%
Bombay Stock Exchange Ltd 0.57%
Indian Bank 0.57%
Sanofi India Ltd. 0.56%
Info Edge (India) Limited 0.56%
Sapphire Foods India Limited 0.55%
Avenue Supermarts Ltd 0.54%
Kotak Mahindra Bank Limited 0.53%
Juniper Hotels Limited 0.51%
Emami Ltd 0.51%
Others 13.72%
Total 92.49%
Deposits, Money Mkt Securities and Net Current Assets. 7.51%
Grand Total 100.00%
