Date post: | 12-Jul-2015 |
Category: |
Business |
Upload: | vinaya-sathyanarayana |
View: | 2,860 times |
Download: | 0 times |
Agenda
Click to edit Master text stylesSecond levelThird levelFourth levelFifth level
Click to edit Master text styles
2
Pres entation Structure
: Return Guarantee Fund Our New Offering
: RGF Benefits &Advantages
: Fund Launch Proces s &FAQs
3
Cus tomer Journey
Fear is s till the dominant emotion
today
& Guarantee is a s trong
des ire
Des peration
Relief
Optimism
Des pondency
Wow ! I feel great about this investment
Maybe the markets are not for me
Temporary SetbackI am a long term
investor
Optimism
Euphoria
Thrill
Exc itement
Depres s ion
Fear
Denial
Anxie ty
Panic
Capitulation
Hope
2007 2008
4
Pres entation Structure
: Return Guarantee Fund Our New Offering
: RGF Benefits &Advantages
: Fund Launch Proces s &FAQs
5
ICICIPrudential pres ents
6
Competition
• : 6%-7%LIC Jeevan As tha• : 7% ( )AVIVA Bond Clos ed• : Bajaj Capital Shie ld Premium Guarantee
• : 7.2%Religare Aegon
All are Single Premium offerings launched in the
.market in the recent pas t
7
?What is the Return Guarantee Fund
( ) Return Guarantee Fund RGF is a c los e ended debt fund
It offers a Minimum Guaranteed NAV at the 5 .end of years
100100Debt, Money market & Cash
(%)Min (%)Max Indicative Portfo lio Allocation
: 1.50%Fund Management Charge
8
Reas ons for launch
Excellent cus tomer res pons e to LifeStage As s ure
/ Cus tomer Sales feedback to extend this philos ophy to other products
Provide the flavor of guarantee to our exis ting products through the introduction of a fund
Great opportunity in Debt in the current markets cenario
9
Opportunity in Debt
Interes t rates have reached a high las t s een in2001-2002
RBI is cutting interes t rates to kick s tart growth by , encouraging lending es pec ially to bus ines s es
, When interes t rates fall bond prices ris e which helps .you to get better returns in debt ins truments
Example : Bond A gives 7% returns. Its price is 100. Tomorrow, if interest rate falls to 6%, all new bonds give 6% except A which
continues to give 7%. So Bond A becomes more valuable and hence its price will go up
10
: Advantage Debt funds
With decrease in interest rates, bond price is set to increase
5 - 7% 6%, If interes t rates on year G Secs fall from to . 100 . 104.15 bond price apprec iates from Rs to Rs
Interes
tRate
7%
6%
. 104.15 Rs
. 100 Rs
11
Opportunity in Debt
4.50
5.50
6.50
7.50
8.50
9.50
10.50
-01Jan -02Jan -03Jan -04Jan -05Jan -06Jan -07Jan -08Jan
10
ye
arGSec
Yield
?
Debt funds gave high returns
Debt could be expected to perform better this year
12
Pres entation Structure
: Return Guarantee Fund Our New Offering
: RGF Benefits &Advantages
: Fund Launch Proces s &FAQs
13
Get the all round advantage
RGF Life &
Pens ionvariants
Ups idePotential
Guaranteed NAV
Flexibility
14
15 Get a Minimum Guaranteed NAV of on 20, 2013December
.10Rs
Rs.15
Guaranteed NAV at Maturity
5 yrs
15
Snaps hot of RGF
10
15
2008 2009 2010 2011 2012 2013
Subscription starts on Dec
20, 2008
Subscription ends after 1
month
Fund terminates on Dec 20, 2013
Minimum Guaranteed NAV of 15
: 5 Term years Clos ed Ended Fund
: 1.50%FMC
16
Ups ide Potential
20, 2013 On Dec you get Min Guaranteed NAV of 15 ; Rs or the NAV on that day whichever is
higher
The falling interes t rate regime is expected to - boos t the returns given by debt funds as s een in
the pas t
GET THE ADVANTAGE OF HIGHER RETURNS WITH THE PROMISE OF A MINIMUMGUARANTEE
17
Flexibility
:LIQUIDITY
:SWITCH
* Guarantee will not be applicable in s uch cas es
Partial Withdrawal and Surrender allowed at *any point of time at the prevailing NAV
Switch out of Return Guarantee fund at
the prevailing NAV at any point of time and
- re inves t in any of our other funds
18
…Available with
19
Pres entation Structure
: Return Guarantee Fund Our New Offering
: RGF Benefits &Advantages
: Fund Launch Proces s &FAQs
20
– RGF Features
5 RGF is a c los e ended fund of years term
.10 20, 2008It will open with an NAV of Rs on Dec
Subs cription to this fund is open for a limited period
5 The fund can be clos ed by giving a notice of working days notice
( ) 20, 2013The fund will terminate mature on Dec
21
- RGF Features
: New Cus tomers , If RGF is chos en the firs t premium depos it
( ) cheque amount net of charges will be inves ted entire ly in this fund
Subs equent premiums will be allocated in our ’ other funds as per cus tomer s fund allocation
choice
: Exis ting cus tomers Can switch the ir funds into RGF during this period
22
Subs equent Premiums
Only your Firs t Premium Depos it is inves ted in theRGF
:Subs equent Premiums ( ); Allocation mus t be chos en at inception in app form
/ and can be allocated into any of the fund s trategy available with the product
- Active Cus tomer Automatic Trans fer Strategy
- Pas s ive Cus tomer Life Cycle Bas ed Portfo lioStrategy
23
( )Automatic Trans fer Strategy ATS
ATS allows you to inves t a lump s um amount in Pres erver
- and trans fer a pre defined amount every month into any
( , . . . ., one of the chos en equity funds Multiplier R IC H Flexi
)Growth
Automatic Trans fer Strategy is modification of Automatic
( )Trans fer Plan ATP
Cus tomer can opt for ATS in the APPLICATION FORM , If opted cus tomer needs to allocate funds in Pres erver 40% The cap on Pres erver has been removed
24
( )Automatic Trans fer Strategy ATS
?Has ATS replaced ATP
NO 4 Currently ATS can be opted for only in thes e products ATP s ervice reques t forms will continue to be available
for all other ULIPs The s ource fund in ATP has als o been replaced with
.Pres erver
?Why has Protec tor been replaced with Pres erver Pres erver being a money market fund is more s table and
.le s s volatile than Protector 40% .IRDA has removed the cap on Pres erver
25
25
LifeCyc le Bas ed Portfo lio Strategy
’ Initial allocation bas ed on cus tomer s age
Rebalanc ing on a quarterly bas is
, As age progres s es allocation changed to s uit change in Lifes tage
10 In the las t quarters corpus s hifted from equity to debt to ens ure capital pres ervation
26
- RGF For the volatile times
1 :If equity market s tabilizes after year
Subs equent premiums can be inves ted in equity funds via the ATS route
, The funds in RGF will provide divers ity to your portfo lio mitigating inves tment ris k
/ 1 If equity markets remain volatile s luggis h after:year
We will launch more s eries of RGF , If not s ubs equent premiums can be inves ted in debt
funds Guarantee in a debt fund will be the ic ing on the cake
27
What happens on termination date of?RGF
: 5 Termination Date This is the date years from the launch of. , 20 2013RGF For this tranche it is Dec
, On that date the cus tomer will ge t higher of Guaranteed NAV( .15) Rs or exis ting NAV
( ) This RGF terminal value maturity value will be allocated as per exis ting fund allocation in other funds &policy will
.continue till end of policy term
: 20 2013, : 1 ,Example On Dec the cus tomer has his funds in RGF lac: 3 , : 1 . RICH lac Balancer lac Since RGF terminates and is allocated as per
exis ting , 1 75 25 fund allocation this lac is divided into K into RICH and K into Balancer
28
!!! Hurry Offer open only for Subs cription period
.10Rs
Limited Period Offer
5 yrs
. 15Rs
29
Words of wis dom
Warren Buffett
5 Inves ted $ billion in Goldman Sachs 3 Inves ting $ billion in General Electric
- Ne w York Time s 23rd S e pt ’08
You know, five years from now, ten years from now, we'll look back on this period and we'll see that you could have made some extraordinary (stock market) buys. That doesn't mean it won't get more extraordinary a week or a month from now. I have no idea what the stock market is going to do next month or six months
from now. I do know that the economy, over a period of time, will do very well, and people who own a piece of it will do well.
- Warren Buffet
, He really meant it when he s aid s o
See what he did
, Therefore it might be one of the bes t time to make an inves tment