Balanced Advantage Fund (ULIF 144 03/06/21 BalanceAdv 105)

Fund Objective

To generate superior long-term returns from a diversified portfolio of equity and debt securities. The equity allocation is to be changed
dynamically based on market conditions and relative attractiveness versus other asset classes

As on February 28,2025

Inception Assets Fund Number of Funds

Benchmark Name NAV
Date Invested manager(s) Managed

August 21438.2 30% CRISIL Composite Bond Fund Index & 70% Gautam Sinha
5 (3 Equity, 2 Balanced)
31,2021 Million BSE 200 13.2679 Roy

Performance summary

Returns
Fund Performance
(As on February 28,2025)
1 Month 6 Month 1 Year 2 Year 3 Year 4 Year 5 Year Since Inception

Balanced Advantage Fund

-4.87% -9.86% 4.95% 15.33% 10.58% NA NA 8.42%
ULIF 144 03/06/21 BalanceAdv 105

Benchmark Return
-5.01% -9.96% 2.14% 13.82% 9.78% NA NA 8.12%
30% CRISIL Composite Bond Fund Index & 70% BSE 200

Risk Profile

Fund Composition

Asset Mix Asset Under Management

Composition as per F & U* Actual Composition
(As on February 28,2025) (In Million)

Equity and Equity related securities Minimum 65% and Maximum 90% 71% 15,138.9

Money Market and Cash Minimum 0% and Maximum 35% 4% 920.6

Debt Instruments Minimum 10% and Maximum 35% 25% 5,378.7

Total 100% 21,438.2

Source: https://www.iciciprulife.com/fund-performance/funds-product-performance.html?fundCode=BADF#
 Performance Summary
February 28, 2025

Balanced Advantage Fund

ULIF 144 03/06/21 BalanceAdv 105

Inception Date August 31, 2021

Fund Objective:
To generate superior long- Assets Invested ₹ 21,438.2 Million
term returns from a diversified
portfolio of equity and debt
Gautam Sinha Roy
securities. The equity
allocation is to be changed Funds Managed: 5 (3 Equity, 2 Balanced)
Fund
dynamically based on market
Manager(s)
conditions and relative Arun Srinivasan
attractiveness versus other
asset classes Funds Managed: 49 (19 Debt, 30 Balanced)

30% CRISIL Composite Bond Fund Index & 70% BSE

Benchmark
200

NAV ₹ 13.2679 as on February 28, 2025

Top 10 Sectors * % of Invested Assets Rating Profile Allocation as a %

Financial and insurance activities 19.78% Government Securities / T Bills 11.56%

Infrastructure 8.25% Corporate Securities 13.53%

Computer programming, AA & Below 0.73%

7.85%
consultancy and related activities
AAA & Eq 9.87%
Manufacture of motor vehicles,
4.30%
trailers and semi-trailers AA+ & Eq 2.93%

Manufacture of chemicals and Corporate Money Market Securities 0.00%

3.50%
chemical products
A1 & Eq 0.00%
Manufacture of coke and refined
2.62%
petroleum products A1+ & Eq 0.00%

Manufacture of Fixed Deposits With Banks 0.00%

pharmaceuticals,medicinal 2.55%
chemical and botanical products Other Current Assets & Eq 4.29%

Manufacture of Basic Metals 2.48% TOTAL 29.38%

Retail trade, except of motor

2.09%
vehicles and motorcycles Debt Portfolio by Maturity Allocation as a %

Housing Industry 1.88%

<1 11.55%

OTHERS 44.70%
1-5 years 23.99%

*As per IRDAI NIC industry classification 5-7 years 5.29%

7-10 years 34.49%

>10 years 24.68%

TOTAL 100%

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not
indicative of future performance.
 Performance Summary
February 28, 2025
Debt Holdings (As on February 28, 2025 ) Debt Portfolio by Maturity Allocation as a %

Average maturity of debt portfolio

140.87
(Months)

Yield To Maturity Of Debt Portfolio 7.17%

Modified Duration Of Debt Portfolio(Years) 5.90

% of % of
Corporate Securities Rating Invested Corporate Securities Rating Invested
Assets Assets

7.88% Axis Bank Limited 2032 AAA 2.30% 9.15% Shriram Finance Limited 2029 AA+ 0.24%

7.80% HDFC Bank Limited 2032 AAA 1.03% 7.74% Power Finance Corporation
AAA 0.23%
Limited 2028
7.09% Food Corporation of India 2031 AAA 0.66%
8.25% Godrej Properties Limited 2028 AA+ 0.23%
8.35% JSW Steel Limited 2029 AA 0.51%
8.40% Narayana Hrudayalaya 2030 AA 0.23%
7.97% Mankind Pharma Limited 2027 AA+ 0.48%
7.82% Bajaj Finance Limited 2034 AAA 0.23%
8.75% Bharti Telecom Limited 2028 AA+ 0.47%
8.03% Tata Steel Limited 2028 AA+ 0.20%
7.75% LIC Housing Finance Limited 2027 AAA 0.45%
8.40% Cholamandalam Investment and
AA+ 0.18%
7.45% Axis Bank Limited 2034 AAA 0.44% Finance Company Limited 2028

7.875% NIIF Infrastructure Finance 8.3% Rural Electrification Corporation

AAA 0.42% AAA 0.14%
Limited 2030 Limited 2029

7.96% Pipeline Infrastructure Limited 7.61% LIC Housing Finance Limited 2025 AAA 0.10%
AAA 0.41%
2029
9% HDFC Bank Limited 2028 AAA 0.06%
6.65% Food Corporation of India 2030 AAA 0.38%
8.44% HDFC Bank Limited 2028 AAA 0.06%
7.80% LIC Housing Finance Limited 2027 AAA 0.38%
7.80% HDFC Bank Limited 2033 AAA 0.06%
8.40% Muthoot Finance Limited 2028 AA+ 0.37%
7.65% Axis Bank Limited 2027 AAA 0.06%
7.97% HDFC Bank Limited 2033 AAA 0.37%
7.35% Embassy Office Parks REIT 2027 AAA 0.06%
9.15% Shriram Finance Limited 2029 AA+ 0.36%
8.43% LIC Housing Finance Limited 2026 AAA 0.05%
9.20% Shriram Finance Limited 2029 AA+ 0.34%
7.92% Cholamandalam Investment and
AA+ 0.04%
7.64% Food Corporation of India 2029 AAA 0.34% Finance Company Limited 2025

8.10% Samvardhana Motherson 7.75% Power Finance Corporation

AAA 0.34% AAA 0.03%
International Limited 2028 Limited 2030

7.79% Reliance Industries Limited 2033 AAA 0.33% 8.55% Cholamandalam Investment and
AA+ 0.03%
Finance Company Limited 2026
8% HDFC Bank Limited 2032 AAA 0.32%
7.05% Embassy Office Parks REIT 2026 AAA 0.02%
7.65% HDFC Bank Limited 2033 AAA 0.31%
8.7% LIC Housing Finance Limited 2029 AAA -
7.34% Punjab National Bank 2035 AAA 0.28%
TOTAL 13.53%

Equity Holdings (As on February 28, 2025 )

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not
indicative of future performance.
 Performance Summary
February 28, 2025

% of Invested % of Invested
Equity Equity
Assets Assets

HDFC Bank Limited 5.13% TVS Motor Company Limited 0.44%

HDFC Mutual Fund Banking ETF 4.06% Pidilite Industries Limited 0.43%

Infosys Limited 3.95% Astral Limited 0.41%

Bajaj Finance Limited 2.68% Mphasis Limited 0.41%

Bharti Airtel Limited 2.61% Adani Enterprises Limited 0.39%

Larsen & Toubro Limited 2.46% Bharat Electronics Limited 0.39%

Nippon India Banking ETF 2.38% Aurobindo Pharma Limited 0.36%

Reliance Industries Limited 2.28% Cipla Limited 0.36%

Kotak Banking ETF 2.23% Siemens Limited 0.34%

Mahindra & Mahindra Limited 1.99% Godrej Consumer Products Limited 0.33%

Hindalco Industries Limited 1.69% Cummins India Limited 0.33%

Hindustan Unilever Limited 1.66% Apollo Hospitals Enterprise Limited 0.32%

Titan Company Limited 1.62% Wipro Limited 0.32%

Adani Ports & Special Economic Zone Britannia Industries Limited 0.31%
1.09%
Limited
Coforge Limited 0.31%
Dixon Technologies (India) Limited 1.01%
DLF Limited 0.30%
State Bank of India 1.00%
Tech Mahindra Limited 0.30%
NTPC Limited 0.98%
Narayana Hrudayalaya Limited 0.30%
Trent Limited 0.96%
Avenue Supermarts Limited 0.29%
Axis Bank Limited 0.94%
Cholamandalam Investment and Finance
0.28%
SBI Nifty Bank ETF 0.88% Company Limited

FSN E-Commerce Ventures Limited 0.84% Ambuja Cements Limited 0.27%

Torrent Pharmaceuticals Limited 0.81% BSE Limited 0.26%

Samvardhana Motherson International Tata Motors Limited 0.26%

0.78%
Limited
SRF Limited 0.25%
KPIT Technologies Limited 0.75%
Hindustan Foods Limited 0.25%
Zomato Limited 0.66%
Sona BLW Precision Forgings Limited 0.25%
Affle India Limited 0.65%
HDFC Asset Management Company Limited 0.24%
Maruti Suzuki India Limited 0.64%
Crisil Limited 0.24%
Eicher Motors Limited 0.62%
Endurance Technologies Limited 0.23%
Sun Pharmaceutical Industries Limited 0.60%
Lupin Limited 0.23%
Ultratech Cement Limited 0.59%

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not
indicative of future performance.
 Performance Summary
February 28, 2025

% of Invested % of Invested
Equity Equity
Assets Assets

Tata Consultancy Services Limited 0.58% HCL Technologies Limited 0.23%

Oil & Natural Gas Corporation Limited 0.55% JSW Energy Limited 0.21%

ITC Limited 0.53% Radico Khaitan Limited 0.21%

Kotak Mahindra Bank Limited 0.51% Coal India Limited 0.19%

Interglobe Aviation Limited 0.51% Bharat Petroleum Corp Limited 0.19%

Hexaware Technologies Limited 0.49% Arvind Fashions Limited 0.19%

Persistent System Limited 0.48% UTI Bank ETF 0.18%

The Indian Hotels Company Limited 0.47% Varun Beverages Limited 0.18%

Chalet Hotels Limited 0.45% Gokaldas Exports Limited 0.18%

HDFC Life Insurance Company Limited 0.44% Godrej Properties Limited 0.17%

% of Invested % of Invested
Equity Equity
Assets Assets

NHPC Limited 0.17% Asian Paints Limited 0.09%

Titagarh Rail Systems Limited 0.17% ABB India Limited 0.09%

AU Small Finance Bank Limited 0.17% Marico Limited 0.08%

Hindustan Aeronautics Limited 0.16% Lemon Tree Hotels Limited 0.08%

Bajaj Finserv Limited 0.15% Tata Steel Limited 0.08%

GE Vernova T&D India Limited 0.15% Punjab National Bank 0.08%

Dabur India Limited 0.14% IPCA Laboratories Limited 0.07%

Vinati Organics Limited 0.14% K-Fin Technologies Limited 0.07%

Landmark Cars Limited 0.14% Vodafone Idea Limited 0.07%

Bharti Hexacom Limited 0.14% L&T Technology Services Limited 0.07%

Vedant Fashions Limited 0.14% KEC International Limited 0.07%

Power Finance Corporation Limited 0.14% Housing & Urban Development

0.06%
Corporation Limited
Hindustan Petroleum Corporation
0.14%
Limited PI Industries Limited 0.06%

Multi Commodity Exchange of India 0.14% Prestige Estates Projects Limited 0.06%

PB Fintech Limited 0.13% SBI Cards & Payment Services Limited 0.06%

City Union Bank 0.13% ACME Solar Holdings Limited 0.06%

Colgate-Palmolive India Limited 0.13% INDUS TOWERS LIMITED 0.06%

SBI Life Insurance Company Limited 0.12% United Spirits Limited 0.05%

Dr. Reddys Laboratories Limited 0.12% Saregama India Limited 0.05%

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not
indicative of future performance.
 Performance Summary
February 28, 2025

% of Invested % of Invested
Equity Equity
Assets Assets

Star Health & Allied Insurance Company Mankind Pharma Limited 0.05%
0.12%
Limited
Jio Financial Services Limited 0.05%
Bandhan Bank Limited 0.12%
Devyani International Limited 0.04%
Max Healthcare Institute Limited 0.12%
Varroc Engineering Limited 0.04%
NMDC Limited 0.12%
Havells India Limited 0.03%
Gail (India) Limited 0.12%
Syngene International Limited 0.02%
Honasa Consumer Limited 0.12%
Shriram Finance Limited 0.01%
Suzlon Energy Limited 0.11%
Torrent Power Limited 0.01%
India Shelter Finance Corporation
0.11%
Limited Grasim Industries Limited 0.01%

Swiggy Limited 0.11% RBL Bank Limited -

Supreme Industries Limited 0.11% Kalpataru Projects International Limited -

REC Limited 0.11% Schaeffler India Limited -

L&T Finance Limited 0.11% TOTAL 70.62%

Bharat Heavy Electricals Limited 0.10%

% of % of
Government securities / T Bills Rating Invested Government securities / T Bills Rating Invested
Assets Assets

7.34% Government Of India 2064 SOV 3.34% 7.18% Government Of India 2037 SOV 0.75%

7.18% Government Of India 2033 SOV 2.62% 7.46% Government Of India 2073 SOV 0.42%

7.10% Government Of India 2034 SOV 1.18% 7.09% Government of India 2054 SOV 0.19%

6.92% Government Of India 2039 SOV 1.12% 6.95% Government Of India 2061 SOV 0.15%

7.30% Government Of India 2053 SOV 0.88% 7.41% Government Of India 2036 SOV 0.13%

6.79% Government Of India 2034 SOV 0.79% TOTAL 11.56%

Fixed deposits with banks -

Other investments and Net current assets 4.29%

GRAND TOTAL 100.00%

Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not
indicative of future performance.