Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

Revenue Account of Tata Fixed Income Portfolio Fund - Scheme A3
for the year ended 31st March, 2012
INCOME
Schedule Year Ended Year Ended
31-Mar-12
31-Mar-11
Rs.
Rs.
Interest VI 70,232,954 231,460,098
Profit on sale / redemption of investments (other than inter-scheme
transfer/sale)
2,126,260 3,423,685
Profit on inter- scheme transfer / sale of investments 1,370 2,820,838
TOTAL (A) 72,360,584 237,704,621
EXPENSES AND LOSSES
Loss on sale / redemption of investments (other than inter-scheme
transfer/sale)
1,177 1,039,250
Loss on inter- scheme transfer / sale of investments - 4,957,534
Management fees 421,424 2,411,573
Trusteeship fees 180,941 789,869
Commission to Agents (Net of load utilised Rs. 73,144/- (previous year
Rs.242,238/-))
266,064 42,134
Publicity expenses 19,564 289,877
Audit fees 16,854 71,695
Other operating expenses 122,312 598,089
Custodian fees and expenses 52,944 44,120
Registrar's fees and expenses 6,651 13,247
TOTAL (B) 1,087,931 10,257,388
Surplus ( A - B ) 71,272,653 227,447,233
Increase in unrealised appreciation in value of investments 14,797 -
Surplus after considering unrealised appreciation in value of investments 71,287,450 227,447,233
(Less) : Income Equalisation Account (Refer Note B 1.5 of Schedule VII) 1,106,295 457,511
72,393,745 227,904,744
Add : Surplus brought forward 31,434,318 1,120,089
Surplus after adjustments 103,828,063 229,024,833
Appropriations
Income Distribution 43,633,273 162,663,951
Tax on dividend distributed 10,922,870 34,926,564
Surplus carried forward to Revenue Reserve 49,271,920 31,434,318
Income as a percentage to Average Net Assets 10.04 6.74
Recurring Expenses as a percentage to Average Net Assets 0.15 0.12
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