Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

Revenue Account of Tata Fixed Income Portfolio Fund - Scheme A1
for the year ended 31st March, 2012
INCOME
Schedule Year Ended Year Ended
31-Mar-12
31-Mar-11
Rs.
Rs.
Interest on Reverse Repo 428,234 5,727
TOTAL (A) 428,234 5,727
EXPENSES AND LOSSES
Management fees 3,196 411
Trusteeship fees 1,607 137
Commission to Agents [net of load utilised of Rs. 11,908/- (previous
year Rs. 298/-)]
- -
Audit fees 16,855 33,090
Other operating expenses - 190
21,658 33,828
Less : Reimbursement from the Investment Manager (13,139) (33,314)
TOTAL (B) 8,519 514
Surplus ( A - B ) 419,715 5,213
(Less) / Add : Income Equalisation Account (Refer Note B 1.5 of
Schedule VI)
(332,575) 2,312
87,140 7,525
Add : Surplus brought forward 58,100 55,012
Surplus after adjustments 145,240 62,537
Appropriations
Income Distribution 33,790 3,898
Tax on dividend distributed 4,569 539
Surplus carried forward to Revenue Reserve 106,881 58,100
Income as a percentage to Average Net Assets 7.61 1.30
Recurring Expenses as a percentage to Average Net Assets 0.15 0.12
Significant Accounting Policies and Notes to the Accounts
VI
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