Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

C. Notes attached to and forming part of the financial statements for the period ended 31st March, 2012.
1.
The aggregate value of purchases and sales ( including redemptions ) of investments for the period ended 31st March, 2012 expressed as a percentage
of average daily net assets is as under :
Particulars
Period Ended
31-Mar-12
Value*
Rs.
%
Aggregate value of Purchases
1,531,404,010 162.56
Aggregate value of Sales (including redemptions )
601,906,912 63.89
* The amounts do not include CBLO and Reverse Repo transactions.
2.
Investments made by the schemes of Tata Mutual Fund in companies or their subsidiaries (to the extent of information available) that have invested
more than 5% of the net assets of any scheme of the fund, in terms of Regulation 25 (11) (Refer Annexure 1).
3. Statement of Portfolio with industry wise classification as at 31 st March, 2012 (Refer Annexure 2).
4.
In accordance with the SEBI Regulations, Management Fees and Trusteeship Fees are paid as per the table below :
Management Fees
Dates
% of Daily Net Asset
From
To
27-Mar-12 31-Mar-12 0.0500
and Trusteeship Fees are paid as per the table below:
Trusteeship Fees
Dates
% of Daily Net Asset
From
To
27-Mar-12 31-Mar-12 0.0100
5. Contingent liabilities as at 31 st March, 2012 are Rs.Nil
6. Net Asset Value Per Unit (Rs.) :
Particulars
Face Value (Rs.)
Net Asset Value (Rs.)
As at 31-Mar-12
10
PERIODIC
10.0741
DIVIDEND
GROWTH 10.0741
7.
8.
i.
ii.
There are no unit holders holding above 25% of the Net Asset Value of the Scheme as at 31st March,2012.
Transactions with Trustees, Investment Manager, their associates and with entities controlled by co-sponsors (in relation to services
received by the Scheme).
As explained above, TSL and TICL are the co-sponsors of the Mutual Fund. The nature of transactions with the Trustees, the Investment Manager,
their associates and entities controlled by co-sponsors has been provided hereinafter. For the purpose of making these disclosures, the meanings
ascribed to the terms “associates” and “control” by Regulation 2(c) and 2(g) of the SEBI Regulations have been used which have been summarised
below:
Associates and entities that exercise control over or are controlled by the Trustee Company and the Investment Manager or whose director, officer or
employee is a director, officer or employee of the Investment Manager;
Control means the ability to exercise not less than 10% of the voting power of an entity or the ability of the board of directors of an entity to exercise
control over the Investment Manager.
Investment Manager
The Board of Directors of the Trustee Company has appointed Tata Asset Management Limited as the Investment Manager for the Mutual Fund
pursuant to an agreement dated 9 th May 1995. The Investment Manager also provides certain secretarial and administrative services to the Mutual
Fund. Under the terms of the arrangement, the Scheme pays the Investment Manager a fee not greater than as defined in the Offer Document as a % of
the net assets value attributable to the unit holders on each day. The Investment Manager is a subsidiary of TSL.