Annual Report for Monthly Income Schemes - Tata Mutual Fund

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Investment ManagerThe Board of Directors of the Trustee Company has appointed Tata Asset Management Limited as the Investment Manager for the Mutual Fundpursuant to an agreement dated 9th 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 daily average net assets valueattributable to the unit holders on each day.The Investment Manager is a subsidiary of TSL.BrokerThe Investment Manager has appointed various brokers for carrying out investment trades on behalf of the Scheme for a brokerage. Entities thathave been paid such brokerage include Tata Securities Limited (“TSec”), over which TSL exercises control.Transactions during the year in relation to services received by the Scheme from the co-sponsors or from entities over which they exercisecontrol and other disclosures required under Regulation 25(8) of the SEBI Regulations are contained in Annexure 3.8.Disclosure under Regulation 25(8) of the SEBI Regulations have been made in the table below in respect of other payments made to partiesassociated with sponsors in which the Investment Manager or its major shareholders have a substantial interest.Name of the CompanyNature ofPaymentYear Ended31-Mar-13 Rs.Year Ended31-Mar-12 Rs.% equity capital held by thesponsors and its subsidiary /associates as at 31st March, 2013.Tata Asset Management LimitedTata Trustee Company LimitedManagement Fees 12,148,905 13,006,654Trusteeship Fees(inclusive ofservice tax)379,779 420,183* Tata Sons Limited – 67.90% and Tata Investment Corporation Limited – 32.10%** Tata Sons Limited – 50.00% and Tata Investment Corporation Limited – 50.00%100%*100%**9. Net Asset Value Per Unit (Rs.) :Net Asset Value Rs.ParticularsFace Value Rs.PLAN A - GROWTHPLAN A - QUATERLY DIVIDENDPLAN A - HALF YEARLY DIVIDENDPLAN A - MONTHLY DIVIDENDDIRECT - GROWTHDIRECT - HALF YEARLY DIVIDENDDIRECT - MONTHLY DIVIDENDDIRECT - QUATERLY DIVIDENDAs at 31-Mar-13As at 31-Mar-121018.6192 17.034011.2736 11.115312.0508 11.815611.5470 11.1841blankblank18.6270 N.A. 31/03/201312.0643 N.A.11.5594 N.A.11.2882 N.A.blankblank10. Investments made in group / associate companies (Refer Annexure 4).11.Aggregate Fair Value of Non-Traded Debt Securities (which exclude Government Securities & Treasury Bills, included under Investments inSchedule IV) :ParticularsAs at 31-Mar-13As at 31-Mar-12Rs.Rs.Investments 647,550,277 537,315,04112 Unprovided diminution and unrealised appreciation in the value of investments.Particulars As at As at31-Mar-13 31-Mar-12Rs.Rs.Unrealised appreciation20,865,372 17,944,129Unprovided diminutionNilNil
13. Utilisation of Load chargesi. Amount transferred to "Other Income" out of exit load collected during the year.Year Ended Year Ended31-Mar-13 Rs. 31-Mar-12 Rs.532,638 14,581ii. Load charges utilised for meeting the marketing and selling expenses, including distributor's / agent's commissions.Year Ended Year Ended31-Mar-13 Rs. 31-Mar-12 Rs.3,788,234 Nil14.15.15.16.17.18.There are no unit holders holding above 25% of the Net Asset Value of the Scheme as at 31st March, 2013 (previous year no unit holdersholding above 25% of the Net Asset Value).Unclaimed redemption / dividend amount, since the inception of the Scheme has been invested separately, only in money market instrumentsand the investors who have claimed their redemption / dividend amounts have been paid alongwith the appreciation earned on these amounts asper SEBI circular MFD / CIR / 9 / 120 / 2000 dated 24 November, 2000.As at 31st March, 2013 the unclaimed redemption amount isRs.888,036/- for 48 investors (previous year Rs.419,210/- for 23 investors) and the unclaimed dividend amount is Rs.Nil for Nil investors(previous year Rs.Nil for Nil investors).In accordance with Regulation 44 (1) of the SEBI Regulations, securities purchased should be held in the name of the Scheme. Investments inGovernment Securities and Treasury Bills are held in the name of “Tata Mutual Fund”.No provision for income tax has been made since the income of the schemes is exempt u/s 10(23D) of the Income Tax Act 1961.On account of the change in the basis of charging expenses to the Scheme explained in note 1.4 (B) in Part B above, at a line item level theexpenses of the current year charged to the Scheme, may not be comparable with those charged in the previous year.During the current year, there has been a change in the accounting policy relating to the valuation of debt securities, treasury bills and moneymarket instruments pursuant to an amendment of valuation norms prescribed by SEBI. This has been explained in note no.1.3 (b) in Part Babove. The impact of the change on the Revenue Account and the carrying value of investments is not readily ascertainable.19.20.Expenses other than management fee is inclusive of service tax where applicable.The figures for the previous year have been regrouped and reclassified wherever necessary to conform with the current year's classification.On behalf of the Board of Directorsof Tata Trustee Company LimitedDirectorTata Asset Management LimitedAuthorised SignatoryFund Manager
Page 2: Tata MIP Plus FundTata Monthly Inco
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Page 18: Balance Sheet of Tata MIP Plus Fund
Page 22: Tata MIP Plus FundAs At31-Mar-13Rs.
Page 26 and 27: Tata MIP Plus FundYear Ended31-Mar-
Page 28 and 29: Subsequent to initial recognition,
Page 30 and 31: 1.4 A) Income Recognition:a) Income
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Page 36 and 37: Balance Sheet of Tata Monthly Incom
Page 38 and 39: Tata Monthly Income FundAs At31-Mar
Page 44 and 45: Tata Monthly Income FundYear Ended3
Page 46 and 47: 1.3 Portfolio Valuationa Recognitio
Page 48 and 49: Non-Traded Debt Securities with res
Page 50: C. Notes attached to and forming pa
Page 53 and 54: Tata Monthly Income Fund Annexure 2
Page 55 and 56: ANNEXURE - 1Market Value of investm
Page 57 and 58: Company which has invested in exces
Page 59 and 60: Company which has invested in exces
Page 61: Brokerage Paid to Associate Brokers
Page 64 and 65: Tata Income Plus FundTata Index Fun
Page 66 and 67: Commission Paid to Associate Broker
Page 68 and 69: The following futures have been squ
Page 70: Tata MIP Plus FundTata Monthly Inco

Annual Report for Monthly Income Schemes - Tata Mutual Fund

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