Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

More documents

Recommendations

Info

14. 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 for Nil investors. 15. 16. 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”. 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. 17. The scheme was launched on 23rd May, 2011 and hence there are no comparative figures. On behalf of the Board of Directors of Tata Trustee Company Limited Director Tata Asset Management Limited Authorised Signatory Fund Manager
Schedules forming part of the Accounts Schedule VII - Statement of significant accounting policies and notes forming part of the financial statements of Tata Fixed Maturity Plan - Series 35 Scheme A as at 31st March, 2012 and for the period from 25th May, 2011 (date of commencement) to 31st March, 2012. A BACKGROUND Tata Fixed Maturity Plan - Series 35 Scheme A (the “Scheme”) is an close ended scheme of Tata Mutual Fund (the “Fund”). The Fund is registered with the Securities and Exchange Board of India (“SEBI”). The Scheme is managed by Tata Asset Management Limited (“TAML” / the “Investment Manager”), an investment management company registered with SEBI.The investment objectives of the scheme is to generate income and / or capital appreciation by investing in wide range of Debt & Money Market instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of respective schemes. The Scheme is sponsored by Tata Sons Limited (“TSL”) and Tata Investment Corporation Limited (“TICL”). Tata Trustee Company Limited (“TTCL” / the “Trustee Company”) is the trustee company of the Scheme. B SIGNIFICANT ACCOUNTING POLICIES 1.1 Basis of Accounting The Scheme maintains its books of account on an accrual basis. 1.2 Preparation of Financial Statements of the Scheme The financial statements of the Scheme have been prepared in accordance with the requirements of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, (the “SEBI Regulations”), the Ninth and Eleventh Schedules of which lay down the accounting policies and standards to be adopted and the disclosures to be made. The Expert Advisory Committee (the “EAC”) of the Institute of the Chartered Accountants of India (“ICAI”) have opined that the Accounting Standards on Cash Flow Statement (“AS-3”), Segment Reporting (“AS-17”) and Related Party Disclosures (“AS-18”) issued by the ICAI are applicable to the financial statements of schemes of mutual funds. The managements of the Investment Manager and the Trustee Company are of the opinion that mutual funds are governed by a self-contained regulatory framework, i.e. the SEBI Regulations, based on which the financial statements have been prepared. The preparation of financial statements in conformity with the SEBI regulations requires the use of certain critical accounting estimates. It also requires the Board of Directors of the Investment Manager to exercise its judgement in the process of applying the Fund’s accounting policies. 1.3 Portfolio Valuation Classification The Scheme classifies its investments in debt securities, as Non-Traded, Thinly Traded and Traded Securities. Non-Traded Securities are those debt securities (not being Government Securities) that have not been traded on any such exchange on the valuation date. A debt security (other than a Government Security) is classified as thinly traded if, on the valuation date, there are no individual trades (in the principle or other Stock Exchange) in that security in marketable lots(presently Rs. 5 crore). Debt securities that do not fall within the Non Traded Securities or Thinly traded Securities are classified as Traded Securities. Recognition, de-recognition and measurement Regular purchases and sales of investments are recognised on the trade date – i.e. the date on which the Scheme’s order of purchase or sale of investment is executed. Investments include contracts for purchase of securities and exclude contracts for sale of securities, for which deliveries are not received/collected. Investments purchased are initially recognised at cost of acquisition. Cost of acquisition includes transaction costs such as brokerage, stamp charges and other charges customarily included in the brokers note. Investments are derecognised when the rights to receive cash flows from the investments have expired or the Scheme has transferred substantially all the risks and rewards of ownership.
Page 1 and 2:
annual report 2011 - 2012 • TATA
Page 3 and 4:
REPORT OF THE TRUSTEE TO THE UNITHO
Page 5 and 6:
Act, 1882 and is duly registered un
Page 7 and 8:
* On 31st December 2008, the units
Page 9 and 10:
Sr No Scheme / Plan Name Date of al
Page 11 and 12:
Redressal of Complaints received ag
Page 13 and 14:
Name of the Company / Issuer Date o
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
AUDITORS’ REPORT TO THE BOARD OF
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Balance Sheet of Tata Fixed Income
Page 61 and 62:
Tata Fixed Income Portfolio Fund -
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Revenue Account of Tata Fixed Incom
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Tata Fixed Income Portfolio Fund Sc
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Revenue Account of Tata Fixed Matur
Page 117 and 118:
Tata Fixed Maturity Plan - Series 3
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
INCOME Revenue Account of Tata Fixe
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
INCOME Revenue Account of Tata Fixe
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
Page 227 and 228:
Page 229 and 230:
Page 231 and 232:
Page 233 and 234:
Page 235 and 236:
Page 237 and 238:
Page 239 and 240:
Page 241 and 242:
Page 243 and 244:
Page 245 and 246:
Page 247 and 248:
Page 249 and 250:
Page 251 and 252:
Page 253 and 254:
Page 255 and 256:
Page 257 and 258:
Page 259 and 260:
Page 261 and 262:
Page 263 and 264:
Page 265 and 266:
Page 267 and 268:
Page 269 and 270:
Page 271 and 272:
Page 273 and 274:
Page 275 and 276:
Page 277 and 278:
Page 279 and 280:
Page 281 and 282:
Page 283 and 284:
Page 285 and 286:
Page 287 and 288:
Page 289 and 290:
Page 291 and 292:
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
Page 299 and 300:
Page 301 and 302:
Page 303 and 304:
Page 305 and 306:
Page 307 and 308:
Page 309 and 310:
Page 311 and 312:
Page 313 and 314:
Page 315 and 316:
Page 317 and 318:
Page 319 and 320:
Page 321 and 322:
Page 323 and 324:
Page 325 and 326:
Page 327 and 328:
Page 329 and 330:
Page 331 and 332:
Page 333 and 334:
Page 335 and 336:
Page 337 and 338:
Page 339 and 340:
Page 341 and 342:
Page 343 and 344:
Page 345 and 346:
Page 347 and 348:
Page 349 and 350:
Page 351 and 352:
Page 353 and 354:
Page 355 and 356:
Page 357 and 358:
Page 359 and 360:
Page 361 and 362:
Page 363 and 364:
Page 365 and 366:
Page 367 and 368:
Page 369 and 370:
Page 371 and 372:
Investments purchased are initially
Page 373 and 374:
1.6 Load Charges: Load represents a
Page 375 and 376:
8. Transactions with Trustees, Inve
Page 377 and 378:
Schedules forming part of the Accou
Page 379 and 380:
Non-Traded / thinly traded debt sec
Page 381 and 382:
C. Notes attached to and forming pa
Page 383 and 384:
11. Investments made in group / ass
Page 385 and 386:
Page 387 and 388:
Government Securities and Treasury
Page 389 and 390: C. Notes attached to and forming pa
Page 391 and 392: 13 Utilisation of Load charges i. D
Page 393 and 394: Investments are derecognised when t
Page 397 and 398: 10. Net Asset Value Per Unit (Rs.)
Page 399 and 400: Schedules forming part of the Accou
Page 401 and 402: Non - traded/ thinly traded debt se
Page 405 and 406: 10. Net Asset Value Per Unit (Rs.)
Page 409 and 410: Government Securities and Treasury
Page 411 and 412: Investment Manager The Board of Dir
Page 419 and 420: 13 Utilisation of Load charges i. D
Page 421 and 422: Subsequent to initial recognition,
Page 423 and 424: 8. i. ii. Transactions with Trustee
Page 429 and 430: 11. Aggregate Fair Value of Non-Tra
Page 439: Investment Manager The Board of Dir
Page 445 and 446: 13. 14. Unclaimed redemption / divi
Page 447 and 448: Investments purchased are initially
Page 455 and 456: 12. Unprovided diminution and unrea
Page 457 and 458: Investments are derecognised when t
Page 465 and 466: 13. 14. Unclaimed redemption / divi
Page 467 and 468: . Recognition, de-recognition and m
Page 471 and 472: 16. No provision for income tax has
Page 481 and 482: 11. Aggregate Fair Value of Non-Tra
Page 485 and 486: i. ii. Associates and entities that
Page 489 and 490: 1.4 B) Expenses: Expenses directly
Page 491 and 492:
ii. Control means the ability to ex
Page 493 and 494:
Page 495 and 496:
Page 497 and 498:
14. 15. 16. In accordance with Regu
Page 499 and 500:
Subsequent to initial recognition,
Page 501 and 502:
8. i. ii. Transactions with Trustee
Page 503 and 504:
Page 505 and 506:
Page 507 and 508:
16. No provision for income tax has
Page 509 and 510:
c. Fair value estimation Debt secur
Page 511 and 512:
i. ii. Associates and entities that
Page 513 and 514:
Page 515 and 516:
Page 517 and 518:
14. 15. 16. 17. In accordance with
Page 519 and 520:
Page 521 and 522:
Page 523 and 524:
Page 525 and 526:
Page 527 and 528:
13. Unclaimed redemption / dividend
Page 529 and 530:
Page 531 and 532:
i. ii. Associates and entities that
Page 533 and 534:
Page 535 and 536:
Page 537 and 538:
13. 14. Unclaimed redemption / divi
Page 539 and 540:
Page 541 and 542:
Page 543 and 544:
Page 545 and 546:
Page 547 and 548:
13. 14. Unclaimed redemption / divi
Page 549 and 550:
Page 551 and 552:
Broker The Investment Manager has a
Page 553 and 554:
. Recognition, de-recognition and m
Page 555 and 556:
Page 557 and 558:
Investment Manager The Board of Dir
Page 559 and 560:
Page 561 and 562:
Page 563 and 564:
15. There are no unit holders holdi
Page 565 and 566:
Page 567 and 568:
Page 569 and 570:
Page 571 and 572:
Page 573 and 574:
13. 14. 15. 16. 17. Unclaimed redem
Page 575 and 576:
. Recognition, de-recognition and m
Page 577 and 578:
Page 579 and 580:
13. Unclaimed redemption / dividend
Page 581 and 582:
Tata Growth Fund 7,164,724.63 55,55
Page 583 and 584:
Tata Liquid Fund Tata Dividend Yiel
Page 585 and 586:
Tata Tax Saving Fund 24,056,882.98
Page 587 and 588:
Tata Fixed Maturity Plan -Series 33
Page 589 and 590:
Page 591 and 592:
Tata Sip Fund Scheme-2 11,993,157.0
Page 593 and 594:
SHRIRAM TRANS. FIN. CO. LTD. Tata L
Page 595 and 596:
Tata Pure Equity Fund 269,332,156.6
Page 597 and 598:
Tata Growth Fund 2,531,067.33 0.00
Page 599 and 600:
Page 601 and 602:
Page 603 and 604:
Page 605 and 606:
Tata Fixed Maturity Plan Series 30
Page 607 and 608:
Page 609 and 610:
Page 611 and 612:
Page 613 and 614:
Page 615 and 616:
Page 617 and 618:
Page 619 and 620:
Page 621 and 622:
Page 623 and 624:
Page 625 and 626:
Page 627 and 628:
Page 629 and 630:
Page 631 and 632:
Page 633 and 634:
Page 635 and 636:
Page 637 and 638:
Current Year Commission Paid to Ass
Page 639 and 640:
Commission Paid to Associate Broker
Page 641 and 642:
Page 643 and 644:
Current Year Tata Tax Saving Fund T
Page 645 and 646:
Page 647 and 648:
Current Year Tata Gilt Securities F
Page 649 and 650:
Current Year Tata Tax Advantage Fun
Page 651 and 652:
Brokerage Paid to Associate Brokers
Page 653 and 654:
Brokerage Paid to Associate Brokers
Page 655:
(Annexure 5) In term of SEBI Cir/IM
show all

Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

Create successful ePaper yourself

Delete template?

Save as template?