TaxTMI 
TaxTMI 
Annual report
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....e following aspects, namely:- (a) Liabilities and responsibilities of the trustees and the Settlor; (b) Investment objective of each scheme; (c) Basis and policy of investment underlying the scheme; (d) As the scheme invest in scrips or securities whose value can fluctuate, a statement on the following lines shall be provided: "The price and redemption value of the units, and income from them, can go up as well as down with the fluctuations in the market value of its underlying investments in securities; and (e) Comments of the trustees on the performance of the scheme, with full justification. (v) Statement giving relevant perspective historical 'per unit' statistics in accorda....
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....ase of companies, the Balance Sheet shall give against each item, the corresponding figures as at the end of the preceding accounting year. vi. The notes to the balance sheet should disclose the following information regarding investments: a. all investments shall be grouped under the major classification given in the balance sheet; b. under each major classification, the total value of investments falling under each major industry group (which constitutes not less than 5% of the total investment in the major classification) shall be disclosed together with the percentage thereof in relation to the total investment within the classification; c. a full list of investments of the scheme shall be made availa....
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....(Rs. in lakhs) Balance of unit capital at the beginning of the reporting period 12,50,00,000 12,500.00 New fund/ plan offer during period, Capital issued during period (including dividend reinvestment) etc. 1,27,50,000 1,275.00 Redemptions during the period (15,40,000) (154.00) Balance of unit capital at the end of the period 13,62,10,000 13,621.00 Note: Provide break-up of unit capital plan/option wise. i. the name of the company including the amount of investment made in each company of the group by each scheme and the aggregate investments made by all schemes in the group companies of the sponsor; j. The total income of the scheme shall include unrealised depreciation or appr....
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....d parties. (iii) The following disclosures shall also be made in the revenue account: (a) provision for aggregate value of doubtful deposits, debts and outstanding and accrued income; (b) profit or loss in sale and redemption of investment may be shown on a gross basis; (c) custodian and registrar fees; and (d) total income and expenditure expressed as a percentage of average net assets, calculated on a daily basis. 5. Auditor's Report (i) All mutual funds shall be required to get their accounts audited in terms of a provision of the trust deeds. (ii) The auditor shall report to the trustee company and not to the unit holders. (iii) The Auditor's Report shall form a ....