Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

Revenue Account of Tata Fixed Income Portfolio Fund - Scheme B3
for the year ended 31st March, 2012
INCOME
Schedule Year Ended Year Ended
31-Mar-12
31-Mar-11
Rs.
Rs.
Interest VI 67,050,127 284,154,999
Profit on sale / redemption of investments (other than inter-scheme
transfer/sale) 235,802 3,509,902
Profit on inter- scheme transfer / sale of investments 460,536 4,060,407
Other income (Refer Note No. C 7 of Schedule VIII ) - 7,488
TOTAL (A) 67,746,465 291,732,796
EXPENSES AND LOSSES
Loss on sale / redemption of investments (other than inter-scheme
transfer/sale) 717,838 6,046,847
Loss on inter scheme transfer / sale of investments 213,974 11,476,730
Management fees 217,778 5,149,648
Trusteeship fees 260,662 933,528
Commission to Agents (net of load utilised of Rs. 43,649/- (previous
year Rs. 313,087/-))
2,302 -
Publicity expenses 56,773 -
Audit fees 16,853 71,695
Other operating expenses 99,016 709,885
Custodian fees & expenses 52,944 36,621
Registrar's fees & expenses 9,060 -
Provision / (Reversal) for diminution in value of investments (486,636) 583,411
TOTAL (B) 1,160,564 25,008,365
Surplus ( A - B ) 66,585,901 266,724,431
Add/(Less) : Income Equalisation Account (Refer Note B 1.5 of
Schedule VII) 21,065,748 (21,066,841)
87,651,649 245,657,590
Add : Surplus brought forward 15,418,129 15,558,518
Surplus after adjustments 103,069,778 261,216,108
Appropriations
Income Distribution 42,564,243 201,814,773
Tax on dividend distributed 10,613,030 43,983,206
Surplus carried forward to Revenue Reserve 49,892,505 15,418,129
Income as a percentage to Average Net Assets 6.71 7.19
Recurring Expenses as a percentage to Average Net Assets 0.07 0.18
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