Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

13 Utilisation of Load charges
i. Details of exit load in excess of 1% of redemption value is transferred to “Other Income” in terms of SEBI's Circular No.SEBI/IMD/CIR
No.4/ 168230/09 dated 30th June, 2009, with effect from 1st August,2009. The utilisation of the load reserve is disclosed in “Accumulated
Load” account in Schedule II.
Year Ended
31-Mar-12
Rs.
Nil
Year Ended
31-Mar-11
Rs.
Nil
ii.
During the year, the load charges have been utilised for meeting the marketing and selling expenses, including distributor's / agent's
commissions.
Year Ended
31-Mar-12
Rs.
Year Ended
31-Mar-11
Rs.
15,260 12,239
14. Unprovided diminution and unrealised appreciation in the value of investments.
As at
Particulars
31-Mar-12
Rs.
Unrealised appreciation
Nil
Unprovided diminution
Nil
As at
31-Mar-11
Rs.
Nil
Nil
15.
16.
17.
There are no unit holders holding above 25% of the Net Asset Value of the Scheme as at 31st March 2012 (previous year no unit holders
holding over 25% of the Net Asset Value).
Unclaimed redemption/dividend amount, since the inception of the scheme has been invested separately, only in money market instruments
and the investors who have claimed their dividend amount have been paid alongwith the appreciation earned on this amount as per SEBI
circular MFD / CIR/9/120/2000 dated 24th November, 2000.As at 31st March, 2012 the unclaimed redemption/dividend amount is Rs.Nil
(previous year Rs.Nil).
In accordance with Regulation 44 (1) of the SEBI (Mutual Funds) Regulations, 1996, securities purchased should be held in the name of the
Scheme. Investments in Government Securities and Treasury Bills are held in the name of “Tata Mutual Fund”.
18.
No provision for income tax has been made since the income of the schemes is exempt u/s 10(23D) of the Income Tax Act 1961.
19.
The figures for the previous year have been regrouped and reclassified wherever necessary to conform with the current year's classification.
On behalf of the Board of Directors
of Tata Trustee Company Limited
Director
Tata Asset Management Limited
Authorised Signatory
Fund Manager