Annual Report for Fixed Maturity Schemes - Tata Mutual Fund

Revenue Account of Tata Fixed Income Portfolio Fund - Scheme C2
for the year ended 31st March, 2012
INCOME
Schedule Year Ended Year Ended
31-Mar-12
31-Mar-11
Rs.
Rs.
Interest VI 106,977,987 20,707,959
Profit on sale / redemption of investments (other than inter-scheme
transfer/sale)
262,450 -
Profit on inter- scheme transfer / sale of investments 923,841 -
TOTAL (A) 108,164,278 20,707,959
EXPENSES AND LOSSES
Loss on sale / redemption of investments 151,948 -
Loss on inter scheme transfer / sale of investments 3,251,388 -
Management fees 631,829 177,452
Trusteeship fees 328,202 110,778
Commission to Agents (net of load utilised of Rs. 2,412/- (previous
year Rs. 2,039/-))
494,142 -
Publicity expenses 43,196 -
Audit fees 16,854 71,695
Other operating expenses 137,981 4,602
Custodian fees & expenses 52,946 -
Registrar's fees & expenses 3,861 -
Provision for diminution in value of investments (292,873) 624,295
4,819,474 988,822
Less : Reimbursement from the Investment Manager - (32,055)
TOTAL (B) 4,819,474 956,767
Surplus ( A - B ) 103,344,804 19,751,192
Increase in unrealised appreciation in value of investments - -
Surplus after considering unrealised appreciation in value of
investments
103,344,804 19,751,192
Add / (Less) : Income Equalisation Account (Refer Note B 1.5 of
Schedule VII)
(8,572,784) 8,693,179
94,772,020 28,444,371
Add : Surplus brought forward 9,539,862 5,666
Surplus after adjustments 104,311,882 28,450,037
Appropriations
Income Distribution 64,633,434 15,507,938
Tax on dividend distributed 19,312,648 3,402,237
Surplus carried forward to Revenue Reserve 20,365,800 9,539,862
Income as a percentage to Average Net Assets 9.11 9.06
Recurring Expenses as a percentage to Average Net Assets 0.15 0.15
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