Guidelines on Accounting with respect to Indian Accounting Standards (IND AS)

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....not be mandatorily required to restate the previous years published perspective historical per unit statistics as per requirement of IND AS for the first two years from first time adoption of IND AS. However, Mutual Fund schemes shall furnish following additional information in perspective historical per unit statistics: a. Label the previous Generally Accepted Accounting Principles (GAAP) information prominently as not being prepared in accordance with IND AS; and b. Disclose the nature of the adjustments that would be required to make it comply with IND AS. Mutual Funds schemes need not quantify those adjustments. III. The Financial Statements of the Mutual Fund Schemes shall be prepared in the Formats given at Annexure-A. 2. Modification to Para C (2) of SEBI circular CIR/IMD/DF/24/2012 dated November 19, 2012 In order to align with IND AS requirement regarding transactions cost of investment to be expensed out (viz. to be charged to Revenue Account instead of Capitalisation) and as per the amended Regulations 52 (6A)(a) of MF Regulations, the provision of Para C (2) of SEBI circular CIR/IMD/DF/24/2012 dated November 19, 2012 is modified, and the revised provisions shall....

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.... Movement during the reporting period Transfer from/ to Revenue account Equalisation Account Surplus distribution Others ( to be specified) Balance at the end of the reporting period Figures for the previous reporting Period Particulars Unit Capital (Rs.) Reserves & Surplus (Rs.) Total (Rs.) Unit Premium Reserves Unrealised Appreciation Reserves Revenue Reserves Other Reserves (to be specified) Balance at the beginning of the reporting period Changes in accounting policy/prior period errors Movement during the reporting period Transfer from/ to Revenue account Equalisation Account Surplus distribution Others ( to be specified) Balance at the end of the reporting period Movement of Unit Capital Rupees in Lakhs Particulars Figures for the current reporting period Figures for the previous reporting period No of Units (Rs.) No of Units (Rs.) Balance of unit capital at the beginning of the reporting period New fund / plan offer during period, Capital issued during period (including dividend reinvestment) etc. Redemptions during the period Balance of unit capital at the end of the period Note: Provide break-up of unit capital plan/option w....

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....) Calls paid in advance Securitized Assets Others (to be specified) Total Wherever applicable, the assets shall be further classified according to its nature such as * Listed/Awaiting listing/ Unlisted * Convertible/Non-convertible * Investment Grade/Below Investment Grade Note 6 Other Financial assets # Particulars Figures as at the end of current reporting period Figures as at the end of the previous reporting period Interest Accrued Dividend Receivable Margin money Shares/debentures application money, pending allotment Others (to be specified) Total Note 7 Non-Financial Assets - Investment Property Particulars Figures as at the end of current reporting period Figures as at the end of the previous reporting period Real Estate Assets Residential * Commercial * Others ( to be specified) Total * Shall be sub-classified on the basis of developers, location and project. Particulars shall include area, cost, fair value, basis of fair value, and legal disputes, etc. Specify non- performing Investment properties separately. Note 8 Other Non - Financial assets # Particulars Figures as at the end of current reporting period Figures as at the ....

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.... payable Others ( to be specified) Total Note 14 Gain on fair value changes Particulars Figures for the current reporting Period Figures for the previous reporting period Gross change on account of Gain on fair value changes (MTM) Gross change on account of Gain on fair value changes- Derivative Instruments (MTM) Change in unrealised gain in the value of investments due to foreign exchange fluctuation Others ( to be specified) Total Note 15 Gain on Sale/Redemptions of Investments Particulars Figures for the current reporting Period Figures for the previous reporting period Profit on sale/redemption of investments (Gross) Profit on inter-scheme sale of Investments (Gross) Profit on derivatives transactions (Gross) Profit on sale of real estate assets Profit on inter-scheme sale of real estate assets (Gross) Others ( to be specified) Total Note 16 Fees and commission expenses Particulars Figures for the current reporting Period Figures for the previous reporting period Management Fees GST on Management Fees Trusteeship Fees Commission to Distributors Total Note 17 Loss on fair value changes Particulars Figures for the current reporting P....