IN LINKED INSURANCE PRODUCTS, THE INVESTMENT RISK …

Quarterly Newsletter December 2015

From the CIO’s Desk ....................... 2

Unit Linked Equity Fund .................. 3

Unit Linked Equity II Fund ................ 4

Unit Linked Growth Fund ................. 5

Unit Linked Growth II Fund .............. 6

Unit Linked Growth Plus Fund ......... 7

Unit Linked Balanced Fund .............. 8

Unit Linked Balanced II Fund ........... 9

Unit Linked Balanced Plus Fund .... 10

Unit Linked Debt Fund ................... 11

Unit Linked Debt Plus Fund ........... 12

Unit Linked Liquid Fund .................. 13

Unit Linked NAV Guarantee Fund ... 14

Investment TrackerCONTENTS

IN LINKED INSURANCE PRODUCTS, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

THE LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO

SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR

From the CIO's desk

2Investment Tracker December 2015

Dear Policyholder,

In our assessment, equity markets by nature are volatile in the

short term while over the medium to long term they generate

good returns. Indian equity markets also have been very volatile

this year and have generated a negative 5% returns. This has

been due to sluggish growth in profits of companies during the

year. In our assessment, earning growth of companies should

remain low for next few quarters before recovering in the year

2016. Equity markets are trading at 16.5 times FY17 estimated

earnings currently and are at average valuations, we believe

that corporate profit growth recovery would drive sustainable

market performance over the medium term.

In our view, the downside in the markets in the meantime

appears limited as valuations are at average levels and any

decline leads to markets becoming attractively valued.

Also, strong support from domestic investors having invested

Rs. 66500 crores during the year against Rs. 19100 crores

invested by the Foreign Investors is also providing downside

support.

Our investment approach is to invest in good quality businesses

which have sustainable and reasonably high profitability.

Our task is to find businesses that are expected to grow at

20% for the next 4-5 years and pay a reasonable price for them.

We have a team of highly qualified and experienced analysts

We wish you a very happy and prosperous 2016. We sincerely

hope that the year ahead fulfills all your aspirations and takes

you closer to your financial goals. We at Canara HSBC

Oriental Bank of Commerce Life Insurance Company Limited (hereafter referred as 'CHOICe') endeavor to be by your side

and help you in achieving your desired milestones. Your policy

continues to offer firstly, the most important life cover for you

and your family, together with an opportunity to grow your

savings for the future. As a life insurance company, our focus

is always on the longer term investment horizon, as we are

helping our customers achieve their long term goals and, as

such, our investment philosophy looks beyond the short-term

political and economic events in the market. focused on this job, who keep on looking at businesses across

large and mid-sized companies for investing. This approach

helps us to tide over market volatility in the short term and

generate good sustainable returns for the policyholders..

RBI has reduced interest rate by 125bps during the year 2015

followed by interest rate cuts by the banks as well. This is a big

positive from medium to long term perspective and should help

drive consumption and investment by bringing down Equated

Monthly Installment(EMI) of individuals and borrowing cost of

Companies. Debt market has generated a healthy 7.4% return

The year 2015 has been a momentous and eventful year

marred with a lot of volatility in financial markets globally

leading to sharp swings across emerging world. Global growth

weakened leading to a deepening slowdown in emerging and

developing economies. China’s effort to rebalance its economy

and devaluation of the currency disturbed the financial markets

across the world and led to stocks, commodities and currencies

falling sharply across. This also resulted in capital flight from

emerging markets into mature markets. More recently the US

Federal Reserve increased interest rates from zero, for the first

time in 10 years adding to the volatility.during the year 2015. We believe that conditions are ripe for

Indian economy on the other hand strengthened during the further interest rate cuts by the RBI in the year 2016 which year 2015 with fall in inflation, control on fiscal and current would provide opportunity to generate capital gains in the fixed account deficit and 125bps reduction in interest rates. While, income funds. Our portfolios are positioned for a steady reduction GDP and corporate growth remained sluggish during the year, in interest rate over the medium term to capture the benefits of base is being built by both the Government and Reserve Bank falling interest rates and benefit policyholder returns. of India (RBI) for sustainable long term growth in the economy.

In our view, it is a prudent time to invest and build portfolio Another healthy trend has been that domestic investors have

from medium to long term perspective. Your regular and moved away from physical savings (gold and real estate) to

disciplined premium payment in volatile markets enables us financial savings which would provide support to equity and fixed

to invest your premiums at lower prices and benefit when income markets.

the markets bounce back. In both equity and fixed income We expect the year 2016 to be a much better year as the various markets, we invest in high quality, large cap and good corporate steps being taken by the govt. to boost investment in the governance companies with long term focus. This generates economy and the interest rate cuts done by the RBI start to show superior returns for our policyholders. We continuously strive to results. Global uncertainty has also eased with clarity on US generate good returns on the policyholders’ savings, to enable interest rates and global growth is also expected to improve. our policyholders to attain their financial goals.We should see improvement in domestic GDP and corporate

growth rates which would drive both equity and fixed income

markets in the year 2016.

Equity Market update

Fixed Income Market update

Data Sources: TThe factual information mentioned above pertaining to market performance has been taken from National Stock Exchange (NSE) website, CRISIL Customized debt index, Reserve Bank of India (RBI) NDS-OM, Bloomberg.

Ritu Arora

Chief Investment Officer,

Canara HSBC Oriental Bank

of Commerce Life Insurance

Company Limited

NAV Movement

The Fund's primary objective is to have high capital appreciation through investment in equities. To maintain liquidity, the Fund will invest in

cash and money market instruments.

Risk Profile – High

PORTFOLIO AS ON , 2015DECEMBER 31 %

Asset Allocation Pattern

60% - 100%Equity and Equity Related Instruments

0% - 40%Money Market

Unit Linked Equity Fund

EQUITY 98.42

OTHER NET CURRENT ASSETS 1.58

TOTAL 100.00

Infosys Ltd 9.04

Tata Motors Ltd 6.71

Maruti Suzuki India Ltd 4.90

HDFC Bank Ltd 4.45

Larsen N Toubro Ltd 4.41

IndusInd Bank Ltd 4.09

Kotak Banking ETF 3.91

Reliance Industries Ltd 3.76

R * Shares Banking ETF 3.68

ICICI Bank Ltd 3.52

Sun Pharmaceutical Industries Ltd 3.49

ITC Ltd 3.27

HCL Technologies Ltd 3.05

YES Bank Ltd 2.74

Housing Development Finance Corporation Ltd 2.64

Tech Mahindra Ltd 2.31

Kotak Mahindra Bank Ltd 2.11

Axis Bank 1.78

Oil and Natural Gas Corp Ltd 1.75

Glenmark Pharmaceuticals Ltd 1.64

Ultratech Cement Ltd 1.64

Bosch Limited 1.61

Divis Laboratories Limited 1.56

Zee Entertainment Enterprises Ltd 1.53

Cipla Limited 1.50

Bharti Airtel Ltd 1.42

Bajaj Finance Ltd 1.27

Bharat Petroleum Corp Ltd 1.18

Syngene International Ltd 1.18

BEML Ltd 1.13

Rural Electrification Corp Ltd 1.04

Bharat Electronics Ltd 0.99

Century Plyboards (India) Ltd. 0.96

United Spirits Ltd 0.91

Hindustan Unilever Ltd 0.84

Hitachi Home & Life Solutions (India) Ltd 0.63

Indraprastha Gas Ltd 0.62

Ashoka Buildcon Ltd 0.56

Bharat Heavy Electricals Ltd 0.55

Tata Consultancy Services Ltd 0.50

Godrej Consumer Products Ltd 0.49

Coal India Ltd 0.46

Tata Motors Limited DVR 0.46

IFB Industries Ltd 0.42

Britannia Industries Ltd 0.42

GAIL (India) Ltd 0.34

Ambuja Cements Ltd 0.32

Greenply Industries Ltd 0.29

Sadbhav Engineering Ltd 0.23

IL & FS Transportation Networks Ltd 0.13


Fund Performance as on , 2015 (%)st31 December

Equity Fund benchmark is CNX Nifty Index.

Past performance is not indicative of future performance.

The SFIN for Equity Fund is ULIF00116/06/08EQUITYFUND136.

Equity Sector Exposure

nMETALS FINANCIAL SERVICES

ELECTRICAL ENERGY FMCG

ELECTRONIC COMPONENTS & INSTRUMENTS PHARMA & HOSPITALS

TELECOM CONSTRUCTION

MEDIA AUTO & ANCILLIARIES

GAS PRODUCTION &TRANSPORTATION INFORMATION TECHNOLOGY

OIL & OTHER PETROLEUM PRODUCTS BANKING

n

n

n

nn

n

n

n

n

n

n

n

n

Date of Inception: 16 June 2008 thNAV as on 31 December, 2015: 18.506stBenchmark: CNX Nifty Index

0.460.551.061.421.532.71

4.944.955.93

9.3710.66

13.6714.91

26.28

0.00

5.00

10.00

15.00

20.00

25.00

30.00

0

5

10

15

20

25

Jun

-08

Au

g-0

8O

ct-0

8D

ec-0

8Fe

b-0

9A

pr-

09

Jun

-09

Au

g-0

9

Oct

-09

Dec

-09

Feb

-10

Ap

r-1

0

Jun

-10

Au

g-1

0

Oct

-10

Dec

-10

Feb

-11

Ap

r-1

1

Jun

-11

Au

g-1

1 O

ct-1

1 Dec

-11

Feb

-12

Ap

r-1

2 Ju

n-1

2

Au

g-1

2

Oct

-12

Dec

-12

Feb

-13

Ap

r-1

3

Jun

-13

Au

g-1

3

Oct

-13

Dec

-13

Feb

-14

Ap

r-1

4

Jun

-14

Au

g-1

4O

ct-1

4D

ec-1

4Fe

b-1

5A

pr-

15

Jun

-15

Au

g-1

5O

ct-1

5D

ec-1

5

Equity

18.506

Equity

0.4%

-6.3%

-3.9%

15.2%

10.5%

12.8%

6.7%

7.9%

18.1%

8.5%

-0.1%

-6.3%

-5.2%

13.7%

9.6%

12.2%

7.0%

8.6%

16.4%

7.6%

-10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

6 Yr

7 Yr

Inception

Benchmark

CHOICe

Investment Tracker December 2015

The Fund's primary objective is to have high capital appreciation through investment in equities. To maintain liquidity, the Fund will invest in

cash and money market instruments.

Unit Linked Equity II Fund


EQUITY 98.06


TOTAL 100.00

Infosys Ltd 9.12



HDFC Bank Ltd 4.41





ICICI Bank Ltd 3.48


ITC Ltd 3.28


YES Bank Ltd 3.01






Axis Bank 1.76



Bosch Limited 1.60


Zee Entertainment Enterprises Ltd 1.53

Cipla Limited 1.49


Bajaj Finance Ltd 1.27

Bharat Petroleum Corp Ltd 1.19

Syngene International Ltd 1.18

BEML Ltd 1.16

Rural Electrification Corp Ltd 1.05

Century Plyboards (India) Ltd. 0.96

Bharat Electronics Ltd 0.94

United Spirits Ltd 0.91

Hindustan Unilever Ltd 0.83

Hitachi Home & Life Solutions (India) Ltd 0.62

Indraprastha Gas Ltd 0.57

Ashoka Buildcon Ltd 0.55

Tata Consultancy Services Ltd 0.50

Godrej Consumer Products Ltd 0.50

Bharat Heavy Electricals Ltd 0.49

Britannia Industries Ltd 0.48

Coal India Ltd 0.46

Tata Motors Limited DVR 0.44

IFB Industries Ltd 0.41

GAIL (India) Ltd 0.38

Greenply Industries Ltd 0.30

Ambuja Cements Ltd 0.29

Sadbhav Engineering Ltd 0.23

IL & FS Transportation Networks Ltd 0.12

Risk Profile – High

4




NAV Movement

stFund Performance as on 31 December, 2015 (%)

Equity Fund benchmark is CNX Nifty Index.

Past performance is not indicative of future performance. The SFIN for Equity II Fund is ULIF00607/01/10EQUTYIIFND136


thDate of Inception: 7 January 2010 NAV as on , 2015: 15.13st31 December 0Benchmark: CNX Nifty Index

Equity II

0.460.491.031.441.53

2.72

4.94

4.94

5.99

9.32

10.59

13.49 15.00

26.11

0.00

5.00

10.00

15.00

20.00

25.00

30.00

nMETALS FMCG

ELECTRICAL ENERGY PHARMA & HOSPITALS

ELECTRONIC COMPONENTS & INSTRUMENTS CONSTRUCTION

TELECOM AUTO & ANCILLIARIES

MEDIA INFORMATION TECHNOLOGY

GAS PRODUCTION &TRANSPORTATION BANKING

FINANCIAL SERVICES

OIL & OTHER PETROLEUM PRODUCTS

n

n

n

n

nn

n

n

n

n

n

n

n

0

2

4

6

8

10

12

14

16

18

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0Ja

n-1

1M

ar-1

1M

ay-1

1Ju

l-1

1Se

p-1

1N

ov

-11

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2Ja

n-1

3M

ar-1

3M

ay-1

3Ju

l-1

3Se

p-1

3N

ov

-13

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4Ja

n-1

5M

ar-1

5M

ay-1

5Ju

l-1

5Se

p-1

5D

ec-1

5

Equity II

15.130

0.5%

-6.0%

-3.5%

15.8%

11.0%

13.2%

7.2%

7.2%

-0.1%

-6.3%

-5.2%

13.7%

9.6%

12.2%

7.0%

7.1%

-10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

Inception

Benchmark

CHOICe


This Fund invests in listed equities and high quality fixed income and money market instruments. The Fund intends to adopt a relatively

aggressive approach towards bonds and equities with the objective of achieving capital appreciation.

Unit Linked Growth Fund

Risk Profile – Medium to High


All rated fixed income instruments are AAA/P1+ or equivalent except *which is AA+

EQUITY 82.81

GOVERNMENT SECURITIES 11.36

CORPORATE BONDS/DEBENTURES 4.05


TOTAL 100.00

Infosys Ltd 7.51



HDFC Bank Ltd 4.26




ICICI Bank Ltd 3.45


YES Bank Ltd 2.73

ITC Ltd 2.63







Axis Bank 1.69



Others 20.24

8.97% Govt. of India 2030 3.79

8.13% Govt. of India GOI 2045 2.40

9.23% Govt. of India 2043 1.63

8.17% Goverment of India GSEC 2044 1.17

8.60% Government of India 2028 0.61

8.30% Govt. of India 2042 0.59

8.53% Tamilnadu State Dev. Loan 2020 0.30

8.28% Govt. of India 2027 0.30

7.80% Govt. of India 2020 0.29


Others 0.12

10.40% Reliance Ports & Terminals Ltd. 2021 0.95

9.75% Rural Electrification Corp. Ltd. 2021 0.93

9.18% Power Fin Corp. Ltd. NCD 2021 0.78


Export Import Bank of India FRN Annual Reset 5y 2016 0.35

10.25% Reliance Gas Transport Infrastructure Ltd 2021 0.31




Equity and Equity Related Instruments

Debt Securities

Money Market

50% - 90%

10% - 50%

0% - 40%


NAV Movement

Growth Fund benchmark is 80% CNX Nifty Index and 20% CRISIL Composite Bond Fund Index.

Modified Duration (in years): 6.2

Past performance is not indicative of future performance. The SFIN for Growth Fund is ULIF00216/06/08GROWTHFUND136.

Growth

thDate of Inception: 16 June 2008 stNAV as on 31 December, 2015: 18.443Benchmark:

CRISIL Composite Bond Fund Index

CNX Nifty Index and

0.370.390.510.831.27

2.673.74

4.504.51

7.78

9.58

12.58 12.74

21.33

0.00

5.00

10.00

15.00

20.00

25.00

n

n

ELECTRONIC COMPONENTS & INSTRUMENTS FMCG

METALS PHARMA & HOSPITALS

ELECTRICAL ENERGY CONSTRUCTION

TELECOM INFORMATION TECHNOLOGY


GAS PRODUCTION & TRANSPORTATION BANKING

FINANCIAL SERVICES


n

n

n n

n

n

n

n

n

n

n

n

0

5

10

15

20

25

Jun

-08

Au

g-0

8O

ct-0

8D

ec-0

8Fe

b-0

9A

pr-

09

Jun

-09

Au

g-0

9

Oct

-09

Dec

-09

Feb

-10

Ap

r-1

0

Jun

-10

Au

g-1

0

Oct

-10

Dec

-10

Feb

-11

Ap

r-1

1

Jun

-11

Au

g-1

1 O

ct-1

1 D

ec-1

1 Fe

b-1

2 A

pr-

12

Ju

n-1

2

Au

g-1

2

Oct

-12

Dec

-12

Feb

-13

Ap

r-1

3

Jun

-13

Au

g-1

3

Oct

-13

Dec

-13

Feb

-14

Ap

r-1

4

Jun

-14

Au

g-1

4O

ct-1

4D

ec-1

4Fe

b-1

5A

pr-

15

Jun

-15

Au

g-1

5O

ct-1

5D

ec-1

5

Growth

18.443

0.5%

-4.5%

-2.2%

14.2%

10.2%

12.1%

7.2%

8.0%

16.2%

8.5%

0.1%

-4.3%

-2.8%

12.8%

9.1%

11.3% 7.2%

8.3%

14.9%

7.5%

-10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

6 Yr

7 Yr

Inception

BenchmarkCHOICe





Unit Linked Growth II Fund



All rated fixed income instruments are AAA/P1+ or equivalent except 9.50%

Bajaj Finance Ltd. which is AA+

EQUITY 83.19




TOTAL 100.00

Infosys Ltd 7.71



HDFC Bank Ltd 4.28




ICICI Bank Ltd 3.34


YES Bank Ltd 2.81

ITC Ltd 2.61






Axis Bank 1.65




Others 20.99

8.30% Govt. of India 2042 3.00


8.97% Govt. of India 2030 1.24



8.85% Maharashtra State Development Loan2022 0.76

8.26% Govt. of India 2027 0.63

8.28% Govt. of India 2027 0.44

9.23% Govt. of India 2043 0.41

8.39% Andhra Pradesh State Dev. Loan 2020 0.22

Others 0.26


9.50% Bajaj Finance Ltd. NCD 2018* 0.75

10.40% Reliance Ports & Terminals Ltd. NCD 2021 0.64



Export Import Bank of India FRN Annual Reset 5y 2016 0.07



10% - 50%Debt Securities


NAV Movement


Growth Fund benchmark is 80% CNX Nifty Index and 20% CRISIL Customized Bond Fund Index.


Past performance is not indicative of future performance. The SFIN for Growth II Fund is ULIF00707/01/10GROWTIIFND136

Growth II

thDate of Inception: 7 January 2010 NAV as on , 2015: 15.454st31 DecemberBenchmark:


CNX Nifty Index and

0.390.420.571.271.30

2.50

3.82

4.40

4.47

7.62

9.79

12.48 12.60

21.53

0.00

5.00

10.00

15.00

20.00

25.00

nMETALS FMCG






FINANCIAL SERVICES


n

n

n n

n

n

n

n

n

n

n

n

n

0

2

4

6

8

10

12

14

16

18

Jan-

10

Mar

-10

May

-10

Jul-1

0Se

p-1

0N

ov-

10

Jan-

11

Mar

-11

May

-11

Jul-1

1Se

p-1

1N

ov-

11

Jan-

12

Mar

-12

May

-12

Jul-1

2Se

p-1

2N

ov-

12

Jan-

13

Mar

-13

May

-13

Jul-1

3Se

p-1

3N

ov-

13

Jan-

14

Mar

-14

May

-14

Jul-1

4Se

p-1

4N

ov-

14

Jan-

15

Mar

-15

May

-15

Jul-1

5Se

p-1

5D

ec-1

5

Growth II

15.454

0.6%

-4.4%

-2.0%

14.3%

10.4%

12.4%

7.5%

7.5%

0.1%

-4.3%

-2.7%

12.9%

9.1%

11.3%

7.2%

7.2%

-10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

Inception

Benchmark

CHOICe




Unit Linked Growth Plus Fund



EQUITY 81.69




TOTAL 100.00

Infosys Ltd 7.79



HDFC Bank Ltd 4.19



ICICI Bank Ltd 3.43



YES Bank Ltd 2.74

ITC Ltd 2.62







Axis Bank 1.60



Others 19.59

9.23% Govt. of India 2043 2.80



8.97% Govt. of India 2030 1.31

8.30% Govt. of India 2042 1.22



7.88% Govt. of India GSEC 2030 0.76

7.80% Govt. of India 2020 0.69


Others 0.22


9.28% Rural Electrification Corporation Ltd 2017 0.52

9.50% Bajaj Finance Ltd. NCD 2018* 0.35





9.18% Tata Sons Ltd. NCD 2020 0.07

Housing Dev. Fin. Corp. Ltd. FRN Annual Reset 5y 2016 0.03





NAV Movement


All rated fixed income instruments are AAA/P1+ or equivalent except *9.50%



Growth Fund benchmark is 80% CNX Nifty Index and 20% CRISIL Customized Bond Fund Index.


Past performance is not indicative of future performance. The SFIN for Growth Plus Fund is ULIF00913/09/10GROWTPLFND136.

Growth Plus

thDate of Inception: 13 September 2010 NAV as on , 2015: 13.342st31 DecemberBenchmark:


CNX Nifty Index and

0.340.390.391.251.27

2.40

3.80

4.39

4.47

7.74

9.46

12.14 12.62

21.03

0.00

5.00

10.00

15.00

20.00

25.00

0

2

4

6

8

10

12

14

16

Sep-

10

No

v-1

0Ja

n-1

1M

ar-1

1M

ay-1

1Ju

l-11

Sep-

11

No

v-1

1Ja

n-1

2M

ar-1

2M

ay-1

2Ju

l-12

Sep-

12

No

v-1

2Ja

n-1

3M

ar-1

3M

ay-1

3Ju

l-13

Sep-

13

No

v-1

3Ja

n-1

4M

ar-1

4M

ay-1

4Ju

l-14

Sep-

14

No

v-1

4Ja

n-1

5M

ar-1

5M

ay-1

5Ju

l-15

Sep-

15

Dec

-15

Growth Plus

13.342

0.6%

-4.4%

-1.8%

14.4%

10.3%

12.3%

7.4%

5.6%

0.1%

-4.3%

-2.7%

12.9%

9.1%

11.3%

7.2%

6.5%

-10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0%

3 M

6 M

1 Yr

2 Yr

3 Yr 4 Yr

5 Yr

Inception

Benchmark

CHOICe

nELECTRONIC COMPONENTS & INSTRUMENTS FMCG





GAS PRODUCTION & TRANSPORTATION BANKING

FINANCIAL SERVICES


n

n

n n

n

n

n

n

n

n

n

n

n

NAV Movement


This Fund adopts a relatively balanced approach towards bonds and equities exposure with the objective of achieving capital appreciation

with minimal short-term performance volatility.

Unit Linked Balanced Fund

Risk Profile – Medium

%PORTFOLIO AS ON , 2015DECEMBER 31Asset Allocation Pattern




EQUITY 53.22




TOTAL 100.00

Infosys Ltd 4.86

HDFC Bank Ltd 3.69


ICICI Bank Ltd 3.06





YES Bank Ltd 1.86

ITC Ltd 1.68




Axis Bank 1.38






Bosch Limited 0.86

Others 12.74

9.23% Govt. of India 2043 4.61


8.30% Govt. of India 2042 2.81


8.97% Govt. of India 2030 2.21



9.12% Gujarat State Development Loan 2022 1.32


8.85% Maharashtra State Development Loan 2022 0.78

Others 1.15



Housing Dev. Fin. Corp. Ltd. FRN Annual Reset 5y 2016 2.06


9.18% Tata Sons Ltd. NCD 2020 1.70

10.10% HDB Financial Services Ltd. NCD 2017 1.69


8.68% National Cap Reg Plan NCD 2020 0.82


9.70% Housing Dev. Fin. Corp. Ltd. NCD 2016 0.38

Others 2.25


Balanced Fund benchmark is 50% CNX Nifty Index and 50% CRISIL Customized Bond Fund Index.



The SFIN for Balanced Fund is ULIF00316/06/08BLNCEDFUND136.


All rated fixed income instruments are AAA/P1+ or equivalent except 9.50%

Bajaj Finance Ltd. NCD, 9.45% Bajaj Finance Ltd. NCD, *10%

Sundaram Finance Ltd 2017 which is AA+

Balanced

thDate of Inception: 16 June 2008 NAV as on , 2015: 19.375st31 DecemberBenchmark:


CNX Nifty Index and

0.250.300.630.690.76

1.56

2.522.82

3.17

4.57

6.65

7.02

8.06

14.21

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

0

5

10

15

20

25

Jun

-08

Au

g-0

8O

ct-0

8D

ec-0

8Fe

b-0

9A

pr-

09

Jun

-09

Au

g-0

9

Oct

-09

Dec

-09

Feb

-10

Ap

r-1

0

Jun

-10

Au

g-1

0

Oct

-10

Dec

-10

Feb

-11

Ap

r-1

1

Jun

-11

Au

g-1

1 O

ct-1

1 Dec

-11

Feb

-12

Ap

r-1

2 Ju

n-1

2

Au

g-1

2

Oct

-12

Dec

-12

Feb

-13

Ap

r-1

3

Jun

-13

Au

g-1

3

Oct

-13

Dec

-13

Feb

-14

Ap

r-1

4

Jun

-14

Au

g-1

4O

ct-1

4D

ec-1

4Fe

b-1

5A

pr-

15

Jun

-15

Au

g-1

5O

ct-1

5D

ec-1

5

Balanced

19.375

nMETALS FMCG






FINANCIAL SERVICES


n

n

n n

n

n

n

n

n

n

n

n

n

0.4%

-1.7%

1.1%

13.2%

9.3%

10.7%

7.7%

7.9%

13.0%

9.2%

0.4%

-1.3%

0.9%

11.7%

8.4%

10.0% 7.4%

7.9%

12.3%

7.4%

-5.0% 0.0% 5.0% 10.0% 15.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

6 Yr

7 Yr

Inception

Benchmark

CHOICe




Unit Linked Balanced II Fund







EQUITY 53.04




TOTAL 100.00

Infosys Ltd 4.86

HDFC Bank Ltd 3.67


ICICI Bank Ltd 2.98





YES Bank Ltd 1.80

ITC Ltd 1.67



Axis Bank 1.40








Others 12.77

8.30% Govt. of India 2042 7.31

8.97% Govt. of India 2030 3.65

9.23% Govt. of India 2043 3.38


8.28% Govt. of India 2027 1.75


8.15% Govt. of India 2026 1.33




Others 3.19




9.09% Indian Railways Fin. Corp. NCD 2026 1.11







Others 3.90


Balanced Fund benchmark is 50% S&P CNX Nifty Index and 50% CRISIL Customized Bond Fund Index.


Past performance is not indicative of future performance. The SFIN for Balanced II Fund is ULIF00807/01/10BLNCDIIFND136.

NAV Movement


Bajaj Finance Ltd. NCD which is AA+


Balanced II

thDate of Inception: 7 January 2010 NAV as on , 2015: 15.512st31 DecemberBenchmark:


CNX Nifty Index and

0.250.340.600.760.85

1.60

2.482.83

3.17

4.52

6.52

6.99

8.02

14.10

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

0.5%

-1.7%

1.3%

13.3%

9.4%

10.9%

7.9%

7.6%

0.4%

-1.2%

1.1%

11.8%

8.5%

10.1%

7.5%

7.2%

-4.0% - 2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

Inception

Benchmark

CHOICe

nMETALS FMCG






FINANCIAL SERVICES


n

n

n n

n

n

n

n

n

n

n

n

n

0

2

4

6

8

10

12

14

16

18

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

May

-13

Ju

l-1

3

Sep

-13

No

v-1

3

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Mar

-15

May

-15

Jul-

15

Sep

-15

Dec

-15

Balanced II

15.512

Investment Tracker December 2015 10



Unit Linked Balanced Plus Fund


PORTFOLIO AS ON , 2015DECEMBER 31 %Asset Allocation Pattern




Balanced Fund benchmark is 50% S&P CNX Nifty Index and 50% CRISIL Customized Bond Fund Index.



The SFIN for Balanced Plus Fund is ULIF01013/09/10BLNCDPLFND136.

EQUITY 51.78




TOTAL 100.00

Infosys Ltd 4.86

HDFC Bank Ltd 3.52


ICICI Bank Ltd 2.88





YES Bank Ltd 1.82


ITC Ltd 1.65


Axis Bank 1.38







Bosch Limited 0.81

Others 12.29


9.23% Govt. of India 2043 5.27




7.16% Govt. of India 2023 2.28

8.15% Govt. of India 2026 1.51


8.07% Govt. of India 2017 1.35

7.80% Govt. of India 2020 1.25

Others 5.85









9.56% LIC Housing Finance Ltd NCD 2017 0.42


Others 2.92


NAV Movement

All rated fixed income instruments are AAA/P1+ or equivalent except*


Balanced Plus

thDate of Inception: 13 September 2010 Benchmark:


CNX Nifty Index andNAV as on , 2015: 13.889st31 December

0.230.230.550.760.80

1.47

2.432.74

3.06

4.84

6.26

6.76

7.92

13.73

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

0 2 4 6 8

10121416

Sep

-10

No

v-1

0Ja

n-1

1M

ar-1

1M

ay-1

1Ju

l-1

1

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2 Ja

n-1

3

Mar

-13

M

ay-1

3 Ju

l-1

3

Sep

-13

N

ov-

13

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Mar

-15

May

-15

Jul-

15

Sep

-15

Dec

-15

Balanced Plus

13.889

0.4%

-1.9%

1.1%

12.9%

9.0%

10.5%

7.6%

6.4%

0.4%

-1.3%

0.9%

11.7%

8.3%

10.0%

7.4%

6.9%

-5.0% 0.0% 5.0% 10.0% 15.0%

3 M

6 M

1 Yr

2 Yr

3 Yr 4 Yr

5 Yr

Inception

Benchmark

CHOICe

nELECTRICAL ENERGY FMCG






FINANCIAL SERVICES


n

n

n n

n

n

n

n

n

n

n

n

n


This Fund invests in a portfolio of high quality bonds and other fixed and floating rate securities issued by the Government, Government

agencies and corporate issuers. To maintain liquidity, the Fund invests in the money market instruments.

Unit Linked Debt Fund

Risk Profile – Low to Medium




Asset Mix

Debt Fund benchmark is CRISIL Customized Bond Fund Index.



The SFIN for Debt Fund is ULIF00409/07/08INDEBTFUND136.


All rated fixed income instruments are AAA/P1+ or equivalent except * 10%

Sundaram Finance ltd. & 9.50% Bajaj Finance Ltd. NCD which is AA+



DEPOSIT WITH BANKS/FD 0.17


TOTAL 100.00

8.28% Govt. of India 2027 14.85

9.23% Govt. of India 2043 13.27






8.26% Govt. of India 2027 1.22

8.51% Andhra Pradesh State Dev. Loan 2021 1.14


Others 0.77




9.68%Tata Sons Ltd NCD 2017 2.87

9.68% IL & FS Ltd NCD 2021 2.76

8.97% Tata Sons Ltd NCD 2020 2.71

9.75% IL&FS Financial Services Ltd NCD 2017 2.17

9.50% Bajaj Finance Ltd. NCD 2018 1.80



Others 9.68

NAV Movement


GOVERNMENT SECURITIES

55.78%

CORPORATEBONDS/DEBENTURES

41.05%

OTHER NETCURRENT ASSETS 3.00%


CORPORATE BONDS/DEBENTURES

OTHER NET CURRENT ASSETS

DEPOSIT WITH BANKS/FD

thDate of Inception: 9 July 2008 NAV as on , 2015: 18.892st31 DecemberBenchmark:


0 2 4 6 8

101214161820

Jul-

08

Sep

-08

No

v-0

8Ja

n-0

9M

ar-0

9M

ay-0

9Ju

l-0

9Se

p-0

9N

ov

-09

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0Ja

n-1

1M

ar-1

1M

ay-1

1Ju

l-1

1Se

p-1

1N

ov

-11

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2Ja

n-1

3M

ar-1

3M

ay-1

3Ju

l-1

3Se

p-1

3N

ov

-13

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4Ja

n-1

5M

ar-1

5M

ay-1

5Ju

l-1

5Se

p-1

5D

ec-1

5

Debt

18.892

Debt

DEPOSIT WITHBANKS/FD 0.17%

0.4%

3.7%

7.2%

10.7%

7.4%

8.4% 8.3%

7.6% 7.4%

8.9%

1.0%

4.0%

7.4%

10.0%

7.4%

8.0% 8.0%

7.4%

7.1%

7.7%

0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0%

3 M6 M1 Yr2 Yr3 Yr4 Yr5 Yr6 Yr7 Yr

Inception

Benchmark

CHOICe


This Fund invests in a portfolio of high quality bonds and other fixed and floating rate securities issued by the Government, Government

agencies and corporate issuers. To maintain liquidity, the Fund invests in the money market instruments.

Unit Linked Debt Plus Fund

Risk Profile – Low to Medium







TOTAL 100.00


9.23% Govt. of India 2043 11.85



8.28% Govt. of India 2027 4.53

8.07% Govt. of India 2017 2.60

7.80% Govt. of India 2020 2.58


8.15% Govt. of India 2026 2.02

8.07% Govt. of India 2017 2.02

Others 6.71

8.20% Power Grid Corp. Ltd. NCD 2020 7.11







9.27% Power Finance Corp. Ltd. NCD 2017 1.16

8.68% National Cap Reg Plan NCD 2020 1.14


Others 6.84

Asset Mix




Debt Fund benchmark is CRISIL Customized Bond Fund Index.



The SFIN for Debt Plus Fund is ULIF01115/09/10DEBTPLFUND136.

NAV Movement

CORPORATEBONDS/DEBENTURES

28.48%


4.40%


4.40%GOVERNMENT

SECURITIES67.12%





thDate of Inception: 15 September 2010 NAV as on , 2015: 14.671st31 DecemberBenchmark:


Debt Plus

0 2 4 6 8

10121416

Sep

-10

No

v-1

0Ja

n-1

1M

ar-1

1M

ay-1

1Ju

l-1

1Se

p-1

1

No

v-1

1

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2 Ja

n-1

3

Mar

-13

M

ay-1

3 Ju

l-1

3

Sep

-13

No

v-1

3

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Mar

-15

May

-15

Jul-

15

Sep

-15

Dec

-15

Debt Plus14.671

0.3%

3.5%

6.8%

10.0%

6.7%

7.8%

7.8%

7.5%

0.9%

3.8%

7.0%

9.6%

7.0%

7.7%

7.8%

7.5%

0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

Inception

Benchmark

CHOICe


This Fund primarily invests in a portfolio constituted of money market and high quality debt securities.

Unit Linked Liquid Fund

Risk Profile – Low

PORTFOLIO AS ON , 2015DECEMBER 31 %Asset Allocation Pattern



Liquid Fund benchmark is CRISIL Liquid Fund Index.



The SFIN for Liquid Fund is ULIF00514/07/08LIQUIDFUND136.


NAV Movement

Asset Mix

DEPOSIT WITH BANKS



DEPOSIT WITH BANKS 64.56%


13.51%

DEPOSIT WITH BANKS/FD 64.56



TOTAL 100.00

thDate of Inception: 14 July 2008 NAV as on , 2015: 17.832st31 DecemberBenchmark: CRISIL Liquid Fund Index

Liquid


21.93%


21.93%

0

2

4

6

8

10

12

14

16

18

20

Jul-

08

Sep

-08

No

v-0

8Ja

n-0

9M

ar-0

9M

ay-0

9Ju

l-0

9Se

p-0

9N

ov

-09

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-1

0

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-1

1

Jan

-12

Mar

-12

May

-12

Ju

l-1

2

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

May

-13

Jul-

13

Sep

-13

No

v-1

3

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4Ja

n-1

5M

ar-1

5M

ay-1

5Ju

l-1

5Se

p-1

5D

ec-1

5

Liquid fund

17.832

1.8%

3.8%

7.9%

8.3%

8.4%

8.6% 8.5%

8.1%

7.9%

8.1%

1.6%

3.3%

7.1%

7.7%

7.9%

8.1%

8.1%

7.7%

7.2%

7.4%

0.0% 2.0% 4.0% 6.0% 8.0% 10.0%

3 M

6 M

1 Yr

2 Yr

3 Yr

4 Yr

5 Yr

6 Yr

7 Yr

Inception

BenchmarkCHOICe


Unit Linked NAV Guarantee Fund


This Fund aims to generate long-term capital appreciation from active management of a portfolio of equity and fixed income securities.

The allocation between equity and debt is dynamically managed, depending on the prevalent market conditions to safeguard capital

appreciation. The use of derivatives is as per approval by IRDAI.


EQUITY 39.31



TOTAL 100.00

Infosys Ltd 3.88




ICICI Bank Ltd 1.78



ITC Ltd 1.52

Axis Bank 1.52


HDFC Bank Ltd 1.48

YES Bank Ltd 1.47







Cipla Limited 0.65


Others 7.77

7.80% Govt. of India 2021 57.46


0% - 100%Equity



All rated fixed income instruments are AAA/P1+ or equivalent.



The SFIN for NAV Guarantee Fund is

ULIF01215/04/11NAVGFUNDSI136.


NAV Movement

thDate of Inception: 15 April 2011 NAV as on , 2015: 14.556st31 December

nMETALS FMCG







FINANCIAL SERVICES

n

n

n n

n

n

n

n

n

n

n

n

n

0.200.200.270.610.63

1.02

2.15

2.36

2.68

3.44

3.93

5.45 6.31

10.05

0.00

2.00

4.00

6.00

8.00

10.00

12.00

0 2 4 6 8

10121416

Ap

r-1

1

Jun-

11

Au

g-1

1

Oct

-11

Dec

-11

Feb-

12

Ap

r-1

2

Jun-

12

Au

g-1

2

Oct

-12

Dec

-12

Feb-

13

Ap

r-1

3

Jun-

13

Au

g-1

3

Oct

-13

Dec

-13

Feb-

14

Ap

r-1

4

Jun-

14

Au

g-1

4

Oct

-14

Dec

-14

Feb-

15

Ap

r-1

5

Jun-

15

Au

g-1

5

Oct

-15

Dec

-15

14.556

UL-NAVG

15

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited (IRDA Regn. No.136)

Registered Office: C31 & C32, First Floor, Connaught Circus, New Delhi-110001

Corporate Office: 2nd Floor, Orchid Business Park, Sector-48, Sohna Road, Gurgaon-122018, Haryana, India

Corporate Identity No. : U66010DL2007PLC248825

Website: www.canarahsbclife.com, Call: 1800-103-0003/1800-180-0003, Missed Call: 0124-6156600, SMS: 9779030003

E-mail: [email protected]

I

Investment Tracker December 2015

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that: • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. • IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Purchase of any insurance products by a bank's customer is purely voluntary and is not linked to availment of any other facility from the bank.

Trade Logo of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is used under license with Canara Bank, HSBC Holdings plc and Oriental Bankof Commerce.

The premiums & funds are subject to certain charges related to the fund or to the premium paid.

SAVE TAX*Under Sec 80C/80CCC

Trade Logo of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is used under license with Canara Bank, HSBC Holdings plc and Oriental Bank of Commerce. The insurance products are offered and underwritten by Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd. (IRDAI Regn. No. 136) 2nd Floor, Orchid Business Park, Sector-48, Sohna Road, Gurgaon-122018, Haryana, India. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. Corporate Identity No.: U66010DL2007PLC248825. Website: www.canarahsbclife.com. Call: 1800-103-0003/1800-180-0003. SMS: 9779030003. Missed Call 0124-6156600 Email: [email protected] various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. The premium shall be adjusted on the due date even if it has been received in advance. Linked Insurance products are different from traditional insurance products and are subject to the risk factors. Linked Funds are subject to market risks and there is no assurance or guarantee that the objective of the investment fund will be achieved. Past performance of the investment funds do not indicate the future performance of the same. Investors in the Scheme are not being offered any guaranteed/assured returns. The premium paid in Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market and the insured is responsible for his/her decisions. The premiums & funds are subject to certain charges related to the fund or to the premium paid. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document issued by the insurance company.IRDAI Regn. No. 136 NLMSCNJINVJAN16 ENG

THE LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/ WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that: • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. • IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Purchase of any insurance products by a bank’s customer is purely voluntary and is not linked to availment of any other facility from the bank.

IN LINKED INSURANCE PRODUCTS, THE INVESTMENT RISK IN INVESTMENT PORTIFOLIO IS BORNE BY THE POLICYHOLDER.

A life insurance policy not only allows you to grow your savings but also provides valuable tax benefits in addi on to financial security to your loved ones in case of an unfortunate event. So add that extra bit to your savings & plan for a secured future with policies from CHOICe Life Insurance.

NO MORE TAXING TIMESInvest in a life insurance policy to protect your loved ones and save tax

*Tax benefits/savings are subject to provisions under Section 80C, 80CCC, 80CCE, 80D, 10(10A), 10(10D) and other sections of the Income Tax Act, 1961. These provisions are subject to amendments made by the Income Tax authorities from time to time. Please consult your independent tax advisor for details.

A deduc on is available from taxable income of an individual for the premium paid towards life insurance policies of himself/spouse/ children subject to the limits, condi ons and provisions of Sec on 80C / other sec ons of Income tax Act, 1961.

The amount received as maturity benefit and bonus is exempt from income tax subject to condi ons and provisions as prescribed in sec on 10(10D) and other sec ons of Income tax Act, 1961.

Deduc on under Sec on 80C * Exemp on under Sec on 10(10D)*More Savings, More Happiness

CHOICe Life Insurance stands for Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited

Documents

IN LINKED INSURANCE PRODUCTS, THE INVESTMENT RISK …