Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

Revenue Account of Tata Fixed Income Portfolio Fund Scheme C3
for the year ended 31st March, 2012
INCOME
Schedule Year Ended Year Ended
31-Mar-12 31-Mar-11
Rs.
Rs.
Interest VI 80,446,426 25,486,458
Profit on sale / redemption of investments (other than inter-scheme
transfer/sale)
9,875 316
Profit on inter- scheme transfer / sale of investments 994,779 12,045
Other income (Refer Note No. C 7 of Schedule VII ) - 2,971
TOTAL (A) 81,451,080 25,501,790
EXPENSES AND LOSSES
Loss on sale / redemption of investments (other than inter-scheme
transfer/sale)
415,466 61,966
Loss on inter scheme transfer / sale of investments 2,981,376 511,649
Management fees 490,118 523,448
Trusteeship fees 196,340 45,474
Commission to Agents [net of load utilised of Rs.15,260/- Previous
year Rs.12,239/-)]
374,013 62,285
Publicity expenses 23,305 37,177
Audit fees 16,854 33,090
Other operating expenses 101,565 91,337
Custodian fees & expenses 48,532 35,296
Registrar's fees & expenses 7,066 7,372
Provision for diminution in value of investments 1,561,929 -
TOTAL (B) 6,216,564 1,409,094
Surplus ( A - B ) 75,234,516 24,092,696
Decrease in unrealised appreciation in value of investments - -
Surplus after considering unrealised appreciation in value of
investments
75,234,516 24,092,696
Add / (Less) : Income Equalisation Account (Refer Note B 1.5 of
Schedule VII)
46,879,045 (2,325,937)
122,113,561 21,766,759
Add : Surplus brought forward 255,776 5,145,217
Surplus after adjustments 122,369,337 26,911,976
Appropriations
Income Distribution 30,450,370 22,256,331
Tax on dividend distributed 9,795,581 4,399,869
Surplus carried forward to Revenue Reserve 82,123,386 255,776
Income as a percentage to Average Net Assets 8.00 5.89
Recurring Expenses as a percentage to Average Net Assets 0.13 0.20
Significant Accounting Policies and Notes to the Accounts
VII
In terms of our report attached
For DELOITTE HASKINS & SELLS
Chartered Accountants
On behalf of the Board of Directors
of Tata Trustee Company Limited
Sanjiv V. Pilgaonkar
Partner
Director
Tata Asset Management Limited
Mumbai, July 19, 2012 Authorised Signatory Fund Manager