Bajaj Allianz Life Insurance Company Ltd. I IRDA .... Niraj Bajaj Mr. Sanjiv Bajaj ... in the...

Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001

BOARD OF DIRECTORS :

Mr. Rahul Bajaj (Chairman)

Mr. Manuel Bauer

Mr. Sanjay Asher

Mr. Niraj Bajaj

Mr. Sanjiv Bajaj

Mr. David Fried

Mr. Ranjit Gupta

Mr. S. H. Khan

Mr. Suraj Mehta

Mr. Manu Tandon

Mr. V. Philip (Managing Director & Chief Executive Officer)

AUDITORS : B S R & Co. Chartered Accountants

DALAL & SHAH Chartered Accountants

MAIN BANKERS : Standard Chartered Bank AXIS Bank Deutsche Bank HDFC Bank Citi Bank

REGISTERED OFFICE :

Bajaj Allianz Life Insurance Company Limited Ground Floor, G.E. Plaza, Airport Road, Yerawada, Pune- 411006.

Tel : 020-6602 6777 Fax : 020-6602 6789

email : [email protected] us at : www.bajajallianzlife.co.in

1

INDEX

Directors’ Report 2

Management Report 10

Auditors’ Report 13

Revenue Account: Policyholders’ Account (Technical Account) 16

Profit & Loss Account: Shareholders’ Account (Non Technical Account) 21

Balance Sheet 22

Schedule 1-15 24

Annexure to Revenue Account 41

Notes to Financial Statements 46

Cash Flow Statement 140

Balance Sheet Abstract & Company’s General Business Profile 141

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001

2

The Directors have pleasure in presenting their Eleventh Annual

Report & Audited Statements of Accounts for the year 2011-12.

1. The Life insurance industry

The financial year 2011-12 was not a challenging year for investments

as investors and savers continued to be wary of making fresh

investments. Under these conditions, the Life insurance industry

went through a period of de-growth. The industry was focussed on

adapting to the new regulations governing Unit Linked insurance,

introduced in September 2010. There was a change in customer

preference as they favoured traditional products with lower risk such

as protection and guaranteed products. On account of these factors,

the business mix of the industry moved in favour of traditional

products as compared to unit-linked products. Apart from changes

in the product mix, companies focussed on drivers of long-term

profitability like improving persistency, enhancing agent productivity

and managing cost over-runs.

Although growth was affected quite significantly in the first half of

the year, with the industry recording a negative growth rate of 21.4%

in New Business Premiums, the performance in the second half was

better with a small but positive growth of 2.7% in New Business

Premiums over the previous year.

For the year as a whole, the life insurance industry had a new business

negative growth of 9.2% as against a positive growth of 15.1% in the

year 2010-11. Data published by the IRDA show that 24 life insurers

have mobilized a first year premium of Rs.1,142.3 billion in 2011-12

compared to Rs.1,258.2 billion in the previous year. The market share

of private players reduced from 31.3% to 28.6%.

While the positive growth in the second half of the year gives cause

for comfort. Industry growth, going forward, will depend on several

factors like reduction in interest rates, developments in Europe, how

oil prices move and a return of investor confidence.

2. Summary of operations for the year:

Business Performance

Your Company is at fourth position amongst the private life insurers

on the basis of new business premium and second in terms of the

number of policies issued, for the financial year 2011-12. It wrote new

business of Rs. 27.2 billion during financial year 2011-12 compared

to Rs.34.7 billion in the previous year. The gross premium written

for the financial year 2011-12 was Rs. 74.8 billion, as compared to

Rs. 96.1 billion in the previous year, registering a negative growth.

Within the private sector, your Company’s market share of New

Business premium was 8.3% for 2011-12.

While the growth rate of New Business Premiums was negative for

the year as a whole, the Company did see an improving trend in the

second half as compared to the first half of the year. In the last quarter

of the year, your Company’s new business premiums flat, which was

a significant improvement over the de-growth of 31.7% recorded in

the first nine months of the year. The negative growth rate for new

business in the third and fourth quarters of the financial year 2011-12

reduced to 20.9 % and 0.6% as compared to the negative growth rate

of 37.3% and 37.9% respectively in the first and second quarter.

Unit linked premiums contributed 31% of your Company’s New

Business premiums in 2011-12, compared to 58% in the previous

year. Traditional Individual Premiums constituted 44% of overall New

Business Premiums in financial year 2011-12 as compared to 30% in

financial year 2010-11. This was in line with overall market trends

and customer preferences.

Your Company earned a profit of Rs. 12.5 billion during 2011-12, as

compared to a profit of Rs. 9.6 billion in the previous year. After the

distribution of current year’s surplus of Rs. 9.8 billion (Previous Year

Rs.8.2 billion) and further transfer of Rs. 0.9 billion (Previous Year Rs.

1.1 billion) from Funds for Future Appropriation, the shareholders’

profit after tax stands at Rs. 13.1 billion (Previous Year Rs. 10.5

billion). Your Company has accumulated profits of Rs 23.5 billion as

at 31 March 2012.

Investments:

The funds under management as on 31st March 2012 were Rs.

394.3 billion which included shareholder investments of Rs. 36.0

billion; traditional policyholder investments of Rs. 58.5 billion and

Unit Linked investments of Rs. 299.8 billion. The total investments

under management of the Company have increased by 0.26% from

Rs. 393.3 billion in the previous year.

Your Company adopted a relatively conservative investment

philosophy focusing on asset allocation and investments in stocks

with strong balance sheets and sound management. The non unit

linked portfolios were managed within the framework of regulatory

asset allocation requirements. Despite high levels of volatility

witnessed in the markets during the financial year ended March 31st

2012, your Company’s cash funds and bond funds delivered healthy

returns and their respective performances were broadly in line with

their respective CRISIL benchmarks. Your Company’s diversified

equity funds have delivered returns that are superior to the Nifty50

and Sensex30 Indices.

Products

Product portfolios of your company are reviewed on a regular basis

and products are introduced keeping in mind customer requirements

and market conditions. As at 31st March 2012, Your Company has a

basket of 49 products comprising of 32 individual products and 17

group products. During the year your Company launched 4 traditional

Directors’ Report


3

products and 2 new unit linked products including the Guaranteed

Maturity Insurance Plan which is a single premium plan. All the new

products have been received favourably by the market.

Office network

Your Company has a pan India presence in 1044 offices. The aforesaid

office network also includes Operations & Processing Hubs which

have been formed in various locations of the country in order to cater

to the operational requirement including underwriting of policies.

Customer Service

A Policyholders’ Protection Committee of the Board of Directors

has been constituted by your Company in accordance with the

Corporate Governance guidelines notified by Insurance Regulatory

and Development Authority (IRDA) for the oversight of resolution

of customers complaints. Your Company has a robust process of

identifying root causes of complaints for seeking permanent solution

to service issues and this has resulted in a significant improvement in

the resolution of customer complaints.

As part of customer engagement initiatives, your Company introduced

various initiatives during the which, inter alia, included sending of

an automated SMS to customers on closure of query and rating of

services by the customer, Kiosks were also stationed at some of the

offices wherein video conferencing facility for walk in customers was

introduced enabling the customer to directly discuss issues with the

customer service executive. With a view to provide easy access of the

policy details to the policyholders, your Company has also introduced

mobile application which allows them to obtain the services they

need anywhere and at anytime.

Death claims intimated / booked (Individual and Group) during the

current year and previous year are as below:

Particulars

Current Year Previous Year

No. of Policies

Amount (Rs. Crore)

No. of Policies

Amount (Rs.Crore)

Claims Intimated/Booked

26,082 573 25,526 515

Claims Settled 24,673 514 23,989 478

Repudiated 1,716 56 1,918 47

Note: The above includes only Death claims & Accidental benefit

riders and does not include surrender benefits and withdrawals. In

case of Group claims number of schemes have been considered as

number of policies.

Renewals

Your Company has a separate renewal vertical in place for the last

four years with a view to focus on collection of renewal premiums

and servicing policyholders throughout the policy year.

Your Company sends intimations to customer at different stages of

a policy year, like renewal due, lapsed due, revival period ending,

discontinuance, etc. in English as well as customer preferred

vernacular language, of the available 12 different languages. SMS’s

& e-mails are also sent in vernacular language to the policy holders

at pre-defined turn-around time (TAT) reminding them of renewal

due dates.

Recognition & Awards

This year your Company has won the Bloomberg UTV CXO Awards

2011 in the category –“Best utilization of IT to transform business

– Large Enterprise” among stiff competition. Your Company has

been awarded the SKOCH Financial Inclusion Award 2012 for their

contribution towards financial inclusion through life insurance, for

the second consecutive year. The SKOCH Financial Inclusion award

recognized your Company’s micro-insurance product, Sarve Shakti

Suraksha (SSS), which is an affordable life insurance product with a

systematic savings option catering to rural markets.

Your Company was also awarded Certificates of Merit in recognition

for its micro-insurance initiatives in the following areas:

• A robust and simplified micro insurance renewal collection

mechanism

• ToolsoffinancialinsuranceliteracyforRuralCustomers

• Micro-insuranceClaimshandlingandsettlement.

Corporate Communication

The Allianz global format of Junior Football Camp in India with a

school contact program was conducted for the second year across 40

cities and over 25,000 students participated. Of these 4 were finally

selected to attend an exclusive football training camp at FC Bayern

Club at Munich.

3.1 Capital and Net Worth:

The total funds infused by the shareholders in the Company remains

Rs. 12.11 billion. There was no fresh infusion of Capital during the

year 2011-12. The Net Worth of your Company as at 31st March, 2012

was Rs 35.6 billion as against Rs. 22.5 billion at 31st March 2011. Your

Company had no accumulated losses as at 31st March 2012.

Your Company maintained very high levels of solvency throughout

the year, which provides policyholders with a high degree of comfort

when dealing with your Company. The solvency ratio as at 31st March

2012 stands at 516.28% as against the required solvency margin of

150%.

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Directors’ Report for the Financial Year ended 31st March 2012

4

3.2. IRDA Registration:

IRDA has renewed the Certificate of Registration of the Company to

carry on life insurance business for the year 2012-13.

4. Particulars regarding conservation of energy and technology absorption:

The particulars in the Companies (Disclosure of Particulars in

the report of the Board of Directors) Rules, 1988, pertaining to

conservation of energy does not apply to life insurance industry and

hence are not applicable to your Company.

Information Technology

Your Company leverages information technology as a strategic tool

to gain competitive advantage and to improve productivity, efficiency

of the organisation and improve customer satisfaction & experience.

Platforms are designed to service scale and are capable of handling

high customer and transaction volumes. Your Company has used

technology to deliver process improvements, innovations and to add

value to our services to the customers and business partners.

5. Foreign exchange earnings and expenditure:

Earnings in foreign currency NIL

Expenditure in foreign currency 0.29 billion

6. Particulars of employees:

As required by the provisions of sub-section 2A of Section 217 of

the Companies Act, 1956 read with the Companies (Particulars of

Employees) Rules, 1975 as amended, the names and other particulars

of the employees are set out in the Annexure A to the Directors’ Report.

This report and accounts are being sent to shareholders excluding

the said information. Any shareholder interested in obtaining such

information may write to the Company Secretary at the registered

office of the Company for a copy thereof.

7. Directors:

Mr. Manuel Bauer, Mr. Niraj Bajaj and Mr. Ranjit Gupta, Directors of

the Company retire by rotation and being eligible to offer themselves

for re-appointment as directors.

Mr. Heinz Dollberg ceased to be Director of the Company and has

been succeeded by Mr. David Fried. Mr. Kamesh Goyal has ceased to

be the Alternate Director to Mr. Manuel Bauer with effect from 30th

March 2012. The Board of Directors places on record its appreciation

and gratitude towards the excellent support and guidance Mr. Heinz

Dollberg and Mr. Kamesh Goyal have rendered to the Company.

8. Directors’ responsibility statement:

In accordance with the requirements of sub-section 2AA of Section

217 of the Companies Act, 1956, the Board of Directors wish to

confirm the following:

(i) that in preparation of the annual accounts, the applicable

accounting standards have been followed along with proper

explanation relating to material departures;

(ii) that such accounting policies have been selected and applied

consistently, and made judgments and estimates that are

reasonable and prudent so as to give a true and fair view of the

state of affairs of the Company as on 31st March 2012 and of the

profit of the Company for that period;

(iii) that proper and sufficient care has been taken for the

maintenance of adequate accounting records in accordance

with the provisions of the Act for safeguarding the assets of

the Company and for preventing and detecting fraud and other

irregularities;

(iv) that the annual accounts have been prepared on a going concern

basis.

9. Corporate Governance:

The Corporate Governance guidelines issued by the IRDA came

into effect from 1st April 2010. A report on compliance with these

guidelines is contained in Annexure B along with a certificate from

the Compliance Officer.

10. Auditors:

The Company appointed M/s BSR & Co, Chartered Accountants and

M/s Dalal & Shah, Chartered Accountants, as joint statutory auditors

of the Company in the last Annual General meeting. They hold office

up to the conclusion of the Eleventh Annual General meeting of the

Company. In accordance with the IRDA Regulations/Guidelines, it is

now proposed to appoint M/s BSR & Co, Chartered Accountants and

M/s Dalal & Shah, Chartered Accountants, as Joint Statutory Auditors

of the Company to hold office from the conclusion of the ensuing

Annual General Meeting till the conclusion of the next Annual General

Meeting and to fix their remuneration.

The shareholders are requested to appoint the auditors for the

period from the conclusion of the ensuing annual general meeting

till the conclusion of the next annual general meeting and to fix their

remuneration.


5

11. Appreciation:

The Board is grateful to the IRDA and other regulatory authorities for

their continued support. The Board is also grateful to its Policyholders’,

Bankers’, Intermediaries’ and Channel Partners for their continued

support.

The Directors take this opportunity to thank the concerned employees

of Bajaj Finserv Limited and Allianz SE for their invaluable contribution

in guiding the working of the Company.

The Directors also take this opportunity to thank the employees at all

levels for their hard work, dedication and commitment.

On behalf of Board of Directors of

Bajaj Allianz Life Insurance Company Limited

Rahul Bajaj

Chairman

Place : Pune

Date : 12th May 2012


6

Annexure B to the Directors’ Report

Corporate Governance

The Corporate Governance Guidelines dated 5th August 2009

(the Guidelines) for the insurance companies issued by Insurance

Regulatory and Development Authority (IRDA) outlines the

framework of corporate governance policies and practices followed

at the Company.

Board of Directors

The Board of Directors consists of 11 Directors which includes four

Independent Directors. The CEO of the Company, as the Managing

Director, is member of the Board of Directors. The Chairman of the

Company and all other Directors are Non-executive and none of

the Independent Directors are relatives of any other Director. The

list of Directors and other major offices held by them is mentioned

elsewhere in this Annual Report.

1. Mr. Rahul Bajaj, Chairman of the Company, an honours graduate

in Economics and Law and MBA from Harvard Business School.

He is considered as one of the most successful business leaders

of India and heads the Bajaj Group of Companies.

2. Mr. Manuel Bauer, Director, has done Mechanical Engineering

from Technical Engineering College in Vienna. He has been head

of Central Eastern Europe, Middle East and North Africa (CEEMA)

Unit of Allianz SE, Munich since 2010.

3. Mr. Sanjay Asher, Independent Director, is a Commerce and Law

Graduate from Mumbai University and a fellow member of the

Institute of Chartered accountants of India. Mr. Sanjay Asher is a

Partner of M/s. Crawford Bailey & Co. and was an invitee to the

Department of Disinvestment’s Committee for standardizing

the transaction documents in relation to privatization of the

public sector enterprises.

4. Mr. Niraj Bajaj, Director, has done his B Com from Sydenham

College of Commerce & Economics, Mumbai and Masters in

Business Administration from Harvard Business School, USA. He

has been Co-Chairman of Mukand Ltd since July 14, 2007 and

serves as its Managing Director. Mr. Niraj Bajaj is a Promoter of

the Bajaj Group.

5. Mr. Sanjiv Bajaj, Director, who is a mechanical engineer, has done

M. Sc (Manufacturing Systems Engineering) from University of

Warwick, UK and MBA from Harvard Business School, USA. He

is currently the Managing Director of Bajaj Finserv Limited and

Bajaj Holdings and Investment Limited.

6. Mr. Heinz Dollberg, Director, who has a degree in law and holds

executive positions with numerous subsidiaries of Allianz, has

been associated with Allianz Group for over three decades. He

has been responsible for managing operations in Asia, Middle

East and North Africa in collaboration with Allianz offices across

the region. He ceases to be a Director on 12th May 2012.

7. Mr. David Fried, Director, has been nominated on the Board

of the Company by Allianz SE in place of Mr. Heinz Dollberg

with effect from 12th May 2012. A Bachelor in International

Economics and Political Science from Miami University, Oxford,

Ohio. He is the Chief Executive Officer, Asia Pacific of Allianz SE

Insurance Management Asia Pacific. Before joining Allianz, he

was with HSBC for over 20 years and held various positions in

the UK, Asia and the USA.

8. Mr. Ranjit Gupta, Director, who is currently working as President

– Insurance, at Bajaj Finserv Limited, has Masters Degree in

Mechanical & Electrical Engineering from the Indian Railway

Institute of Mechanical & Electrical Engineers.

9. Mr. Kamesh Goyal, who is a science and law graduate and has

also done MBA from Faculty of Management Studies, Delhi

University, was an Alternate Director to Mr. Manuel Bauer. Earlier,

he has been a CEO of Bajaj Allianz General Insurance Company

Limited and Bajaj Allianz Life Insurance Company Limited. He

ceased as an Alternate Director to Mr. Manual Bauer with effect

from 30th March, 2012.

10. Mr. S H Khan, Independent Director, has Masters Degree in

Commerce and is the former chairman and Managing Director

of IDBI and has been associated with the promotion of several

capital market institutions, including NSE, NSDL and CARE and

guided their operations as Chairman in the initial years of their

existence. He is also on the Board of Bajaj Finserv Limited, as

an Independent Director and also the member of its Audit

Committee.

11. Mr. Suraj Mehta, Independent Director, who has honours in

Economics, also serves as Non-Executive Independent Director

of BPL Limited. Mr. Mehta has held key management positions in

India and abroad with ANZ Grindlays Bank till the year 1994. He

was the Chief Executive Officer of Dresdner Bank AG in India &

was the Geographic Head for the group’s four businesses which

included Investment, Banking; Securities Broking and Software

Development. He has also worked as the Chief Executive Officer

of NABIL Bank Limited, the private sector bank in Nepal.

12. Mr. Manu Tandon, Independent Director is a commerce

graduate and Chartered Accountant, England &Wales. He

retired in 2008 as Managing Director Elantas Beck India Ltd Pune,

subsidiary of Altana AG, Germany. He was Director, Finance &

Corporate Affairs, BASF India Ltd, Mumbai from 1983 till 1996.

He was Former Chairman of Pune Zonal Council, Confederation


7

of Indian Industry (CII) and also former Chairman of CII National

Council for Chemicals Fertilizers & Petrochemicals.

13. Mr. V. Philip, Managing Director and CEO, has a Bachelors

degree in Electronics. He has also done Post Graduate Diploma

in Marketing from Symbiosis. Starting his career with Indian

Express in August 1991, he achieved a continues success and

worked as Deputy Manager with Allianz AG then as CIO &

Head of Direct Marketing with Bajaj Allianz General Insurance

Company Limited. He also worked as Chief Operations Officer in

Bajaj Allianz Life Insurance Company Limited.

Meetings of the Board of Directors

During the year 2011-12, the Board of Directors met four times on

6th May 2011, 20th July 2011, 14th October 2011 and 13th January

2012. Following table sets out the details of attendance of Directors

at the Board meetings.

Name of Director Category of DirectorshipMeetings attended

Sitting Fees(Amt in Rs.)

Mr. Rahul Bajaj Chairman 4/4 NIL

Mr. Manuel Bauer Director 1/4 NIL

Mr. Sanjay Asher Independent Director 2/4 40,000/-

Mr. Niraj Bajaj Director 3/4 NIL

Mr. Sanjiv Bajaj Director 4/4 NIL

Mr. Heinz Dollberg* Director 3/4 NIL

Mr. Kamesh Goyal** Alternate Director to Mr. Bauer 2/3 NIL

Mr. Ranjit Gupta Director 4/4 NIL

Mr. S H Khan Independent Director 4/4 80,000/-

Mr. Suraj Mehta Independent Director 4/4 80,000/-

Mr. Manu Tandon Independent Director 4/4 80,000/-

Mr. V Philip Managing Director 4/4 NIL

* Mr. Heinz Dollberg ceases to be Director of the Company w.e.f.

12th May 2012

** Mr. Kamesh Goyal ceased as an Alternate Director to Mr. Manual

Bauer w.e.f. 30th March 2012.

Committees of the Board of Directors: Constitution & Composition

Audit Committee, Investment Committee, Risk Management

Committee and Policyholders Protection Committee mandatorily

required under the IRDA Corporate Governance Guidelines have been

constituted in accordance with the requirements set out therein.

Audit Committee

The Audit Committee of the Board of Directors oversees the periodic

financial reporting before submission to the Board and disclosure

processes, functioning of the internal audit department and reviews

its plans and reports on a quarterly basis. The Audit Committee is

directly responsible for the recommendation of the appointment,

remuneration, performance and oversight of the work of the

Internal, Statutory and Concurrent Auditors. The senior management

personnel are invited to the meetings of the Audit Committee, along

with the Head of Internal Audit, who presents his report to the

Committee at every meeting thereof.

Mr. S.H. Khan, an Independent Director, is the chairman of the Audit

committee with Mr. Sanjay Asher, Independent Director, Mr. Sanjiv

Bajaj, Mr. Manuel Bauer, Mr. David Fried and Mr. Ranjit Gupta being

other members thereof. All the members of the Audit Committee are

Non-executive Directors.

The Audit Committee met four times during the year on 6th May 2011,

12th July 2011, 14th October 2011 and 12th January 2012. Following

table sets out the particulars of attendance at various meetings:

Name of Member Meetings attendedSitting Fees(Amt in Rs.)

Mr. S H Khan 4/4 80,000/-

Mr. Sanjay Asher 2/4 40,000/-

Mr. Sanjiv Bajaj 4/4 -

Mr. Manuel Bauer 0/4 -

Mr. Heinz Dollberg* 2/4 -

Mr. Kamesh Goyal** 2/4 -

Mr. Ranjit Gupta 4/4 -

* Mr. Heinz Dollberg ceases to be Director of the Company w.e.f.

12th May 2012

** Mr. Kamesh Goyal ceased to be Alternate Director of Mr. Manuel


Investment Committee

The Investment Committee establishes the Investment Policy and

operational framework for the investment operations of the Company.

It periodically reviews the Investment policy based on the investment

performance and the evaluation of dynamic market conditions and

places it before the Board of Directors for approval.

Mr. Manuel Bauer is the Chairman of the Investment Committee,

with Mr. Sanjiv Bajaj, Mr. Ranjit Gupta and Mr. V. Philip, MD & CEO,

being the other Director members thereof. Mr. Rajesh Viswanathan,

Chief Financial Officer, Mr. Sampath Reddy, Chief Investments Officer

and Mr. Anil Singh, Appointed Actuary, are also members of the

Investment Committee. The Chief Risk Officer is also invited to the

Investment Committee meetings.

The Investment Committee met four times during the year on 5th

May 2011, 20th July 2011, 13th October 2011 and 12th January 2012.

Following table sets out the particulars of attendance of members of

the Investment Committee at various meetings:


8

Name of Member Meetings Attended

Mr. Heinz Dollberg* 0/1

Mr. Manuel Bauer* 0/3

Mr. Sanjiv Bajaj 4/4

Mr. Kamesh Goyal** 2/3

Mr. Ranjit Gupta 4/4

Mr. V. Philip 4/4

Mr. Sashi Krishnan*** 3/3

Mr. Sampath Reddy*** 1/1

Mr. Anil Singh 4/4

Mr. Rajesh Viswanathan 4/4

* Mr. Manuel Bauer was appointed as Chairman of Investment

Committee in place of Mr. Heinz Dollberg w.e.f. 6th May 2011.

Mr. Heinz Dollberg ceases to be Director of the Company w.e.f.

12th May 2012.

** Mr. Kamesh Goyal ceased to be Alternate Director to Mr. Manual


*** Mr. Sampath Reddy was appointed as Chief Investment Officer

and member of the Investment Committee in place of Mr. Sashi

Krishnan w.e.f. 20th January 2012

Risk Management Committee

The Risk Management Committee oversees the functioning of

the overall risk management framework of the Company and

implementation of the risk management strategy. It assists the Board

in effective operation of the risk management system by performing

analyses and quality reviews and reports details on the risk exposures

and the actions taken to manage the exposures.

Risk Management Framework of the Company:

The Company perceives risk management as a means of value

optimization. We also recognize the importance of internal controls

and risk management in sustaining the business continuity and have

endeavored to make risk management and control an essential

component of our business culture. This is achieved through

better understanding of the balance between risk and return in the

implementation and achievement of entity objectives. The overall risks

are divided into several categories, which are further subdivided into

major sub-categories. While the risk categories remain clearly distinct

from each other, at the time of assessment their interdependencies

are taken in to account. Covering major categories of assessable risks,

independent of the assessment methodology, and quantifiability,

the risk management framework encompasses practices relating to

identification, assessment, monitoring and mitigation of these risks.

a) Risk Management Policy: We are committed to manage risks in

line with the Company’s stated risk appetite though a systematic

framework which identifies, evaluates, mitigates and monitors

risks that potentially have a material impact on the value of the

organization or potentially hinder the organization in achieving

its stated business objectives and goals.

b) Risk Management Overview Structure: A proactive risk

management structure is core to the Company’s overall

strategic management. The supervisory level Risk Committee,

convened by the Chief Risk Officer (CRO), comprises of various

Heads of Departments / functions, which have been identified

as the owners of respective risks. They are responsible for the

implementation of risk management activities including risk

mitigation plan within their respective vertical / departments

or projects. This supervisory level committee establishes

centralized risk monitoring and management. Through this

structured process, the risk management team undertakes to

provide reasonable assurance to top management on the state

of risks and controls. The risk owners are responsible to review

the Top Risk Assessment (TRA) during the Risk Committee

Meeting. The CRO is ultimately responsible for fostering the

enterprise-wide risk management function including provision

of the TRA to the Risk Committee and the Risk Management

Committee.

c) Risk Management Procedures: To ensure an effective integrated

risk management process, the Risk Management Cycle is used

as the base for identification and solution tool. Typically a Risk

Management Cycle entails Operations & Monitoring risks (Risk

Identification, Assessment & Control, Treatment & Management

Action Plan, followed by Monitoring & Reviewing) and Controls

& Compliance (Standard Operating Procedures, Internal and

External Audit and Quarterly Risk Review)

Mr. Manuel Bauer, Director, is the Chairman of the Risk Management

Committee, with Mr. Sanjiv Bajaj, Mr. Ranjit Gupta and Mr. V. Philip,

MD & CEO, being the other members thereof.

The Risk Management Committee met four times during the year on

5th May 2011, 20th July 2011, 13th October 2011 and 13th January

2012. Following table sets out the particulars of attendance of

members of the Risk Management Committee at various meetings:







Mr. V. Philip 4/4

* Mr. Manuel Bauer was appointed in place of Mr. Heinz Dollberg

as Chairman of the Risk Management Committee w.e.f. 6th May

2011. Mr. Heinz Dollberg ceases to be Director of the Company

w.e.f. 12th May 2012.

** Mr. Kamesh Goyal ceased to be Alternate Director to Mr. Manual



9

Pursuant to IRDA Circular dated 3rd January 2012, regarding Asset

Liability Management and Stress Testing, the Company has adopted

the Asset Liability Management Policy (ALM Policy) which is being

implemented with effect from 1st April 2012.

Policyholders’ Protection Committee

As required by the IRDA Guidelines, the Company has formed a

Policyholders’ Protection Committee of the Board of Directors,

with responsibility to put in place proper procedures and effective

mechanism to address complaints and grievances of policyholders

including mis-selling by intermediaries and to ensure compliance

with the statutory requirements. The Policyholders’ Protection

Committee reviews the Grievance Redressal Mechanism and the

status of complaints at periodic intervals.

Mr. Sanjiv Bajaj is the Chairman of the Policyholders’ Protection

Committee, with Mr. Manuel Bauer, Mr. Ranjit Gupta and Mr. V. Philip,

MD & CEO, being the other members thereof.

The Policyholders’ Protection Committee met four times during the

year on 5th May 2011, 20th July 2011, 13th October 2011 and 13th

January 2012. Following table sets out the particulars of attendance

of members of the Policyholders’ Protection Committee at various

meetings:







Mr. V. Philip 4/4

* Mr. Manuel Bauer was appointed in place of Mr. Heinz Dollberg as

member of the Policyholders’ Protection Committee w.e.f. 6th May

2011. Mr. Heinz Dollberg ceases to be Director of the Company

w.e.f. 12th May 2012.

** Mr. Kamesh Goyal ceased as an Alternate Director to Mr. Manual


Certification for compliance of the Corporate Governance Guidelines

I, Sameer Bakshi, Company Secretary & Head – Legal and Compliance, hereby certify that the Company has complied with the Corporate Governance

Guidelines for Insurance Companies as amended from time to time and nothing has been concealed or suppressed.

Sameer Bakshi

Company Secretary and

Head – Legal and Compliance


Place : Pune


10

With respect to the operations of Bajaj Allianz Life Insurance Company

Limited (‘the Company’) for the financial year 1 April 2011 to 31

March 2012 and results thereof, the Management of the Company

confirms and declares that:

1. The registration certificate granted by Insurance Regulatory and Development Authority (IRDA) is valid and the same has been renewed for the year 2012 - 2013.

2. All dues payable to the statutory authorities have been duly paid except those under dispute or disclosed under contingent liabilities in the notes to the accounts forming part of financial statements.

3. There has been no transfer of shares during the year and the shareholding pattern is in accordance with the statutory and regulatory requirement.

4. The Management has not directly or indirectly invested outside India, the funds of the holders of policies issued in India.

5. The required solvency margins have been maintained as required by the IRDA regulations.

6. We certify that the values of all the assets have been reviewed on the date of Balance Sheet and in the Management’s belief, the assets set forth under each of the headings in the Balance Sheet are shown in the aggregate at amounts not exceeding their realizable or market value under their related headings - “Loans”, “Investments”, “Outstanding Premiums”, “Income accrued on investments”, “Amounts due from other entities carrying on insurance business (including amounts due from reinsurers)”, “Cash” and the several items specified under “Advances” and “Other Accounts”.

As required by IRDA (Preparation of Financial Statements and Auditor’s Report of Insurance Companies) Regulations 2002 all debt securities, including government securities, are considered as ‘held to maturity’ and accordingly measured at historical cost, subject to amortization of premium or accretion of discount in the Revenue account or the Profit and Loss account over the period of maturity/ holding on a straight line basis. At March 31, 2012 the market value of these investments is lower by Rs 1,089,941 thousand. The lower market value is attributable to the rise in yields during the year. These investments are managed with a long term focus and with an objective of Asset Liability management.

7. We certify that, no part of the life insurance fund has been directly or indirectly applied in contravention of the Insurance Act, 1938 (4 of 1938) relating to the application and investment of the life insurance fund.

8. The Company recognizes the risks associated with the life insurance business and manages the risks by adopting prudent

policies to counter the key risks of the Company – namely underwriting and investment risks.

The Company has established robust underwriting procedures to mitigate underwriting risks. Additionally the Company has entered into reinsurance arrangements wherein it reinsures risk in excess of its retention limits to mitigate its risk exposure.

The investment risk is managed by laying down appropriate guidelines in the Investment Policy. The Investment Policy is formulated by the Investment Committee and approved by the Board of Directors. The Investment Policy is reviewed for alignment with the Company’s latest business plan and other developments during the year.

9. The Company does not have operations in any other country.

10. Average claim settlement time from the date of receipt of complete requirement from the claimant to dispatch of claim payment for the current year and previous five financial years are given below:

Period Average claim settlement time (in days)

2011-12 9

2010-11 11

2009-10 7

2008-09 7

2007-08 7

2006-07 7

Ageing of claims registered and not settled as at 31st March 2012 is

given below:

For Traditional Business

Rs. In lakhs

Period


No. of Claims

AmountNo. of Claims

Amount

Less than 30 Days 662 1,391 601 594

30 days to 6 months 353 912 316 426

6 months to 1 year 41 83 90 109

1 year to 5 years 135 338 194 443

5 years and above 17 94 6 24

Total for the Period 1208 2818 1,207 1,596

For Linked Business:

Rs. In lakhs

Period


No. of Claims

Amount No. of Claims Amount

Less than 30 Days 396 662 484 967

30 days to 6 months 370 991 411 730

6 months to 1 year 278 509 199 312

1 year to 5 years 590 1322 466 1,038

5 years and above 13 25 4 5

Total for the Period 1647 3508 1,564 3,052

Management Report


11

11. We certify that the values, as shown in the Balance Sheet,

of the investments (other than unit linked investments and

discontinued fund investments), which consist of fixed income

securities, equity shares and mutual fund units, have been valued

as per accounting policies prescribed by IRDA. Investments in

Security Receipts and Loans are valued at cost. Market values

have been ascertained for equities on the basis of lower of the

closing prices as on the balance sheet date on The National Stock

Exchange of India Ltd. (NSE) and The Bombay Stock Exchange

Ltd, Mumbai (BSE). For fixed income securities, valuation is

based on procedure issued by Fixed Income and Money Market

and Derivative Dealers Association of India (FIMMDA). The

investments in the Mutual Funds are valued at the Net Asset

Values (NAV) of these Mutual Funds as on the Balance Sheet

date.

We certify that the unit linked investments and discontinued

fund investments have been valued on the basis as stated

below:

Equities have been valued at market values, which have been

ascertained on the basis of the last quoted closing price on the

NSE. In case the equity shares are not listed on the NSE, then they

are valued on the last quoted closing price on BSE. Unlisted shares

are stated at historical cost subject to provision for diminution,

if any, in the value of such investment. Government securities

are valued at prices obtained from Credit Rating Information

Services of India Ltd. (CRISIL). Corporate bonds and debentures

are valued on the basis of CRISIL Bond Valuer. Investments in

Venture Funds and Loans are valued at cost. Treasury bills,

Certificate of Deposits and Commercial Papers are valued at

cost plus accretion. Mutual fund units have been valued at the

last available Net Asset Value declared by the respective mutual

fund.

12. The Company has invested (other than unit linked funds)

mainly in approved Government securities and AAA and AA+

rated bonds. The primary aim while investing is to generate

adequate return while minimizing risk. The emphasis is also on

the liquidity of investments to ensure that the Company meets

all outgoings related to claims and other operations. While most

of the investments are in Fixed Income Securities in the form of

Government of India securities or Corporate Bonds with strong

credit rating, a small portion is also invested in Equity Shares.

Based on the past track record, the Management is confident of

the quality and performance of the investments.

13. The following are the payments made to individuals, firms,

companies and organizations in which the Directors of the

Company are interested:

Name of the Director/Shareholder Entity in which Director is interested Interested as Amount of Payment during the FY 2011-12

Mr. Rahul Bajaj

Bajaj Finserv Ltd.

Chairman & Member 114.81

Mr. Sanjiv Bajaj Director

Mr. S.H. Khan Director

Mr. Rahul BajajBajaj Finance Ltd.

Chairman & Member 6,636.54


Mr. Rahul Bajaj

Bajaj Allianz General Insurance Company Ltd.

Chairman 2,013.79


Mr. Niraj Bajaj Director

Mr.Heinz DollbergDirector (ceased as on 30th March 2012)

Mr.Kamesh Goyal Director

Mr. Ranjit Gupta Director

Mr. Sanjay Asher Director


Mr. Manu Tandon Director

Mr. Suraj Mehta Director

Mr. Manuel Bauer Director

Mr. Rahul BajajBajaj Electricals Ltd

Member 0.94

Mr. Niraj Bajaj Member

Mr.Heinz Dollberg

Bajaj Allianz Financial Distributors Ltd.

Director* 3,403.16

Mr.Ranjit Gupta Director*

Mr.Kamesh Goyal Director*

*(All the 3 directors have resigned w.e.f.14th October 2011)

Mr. Kamesh Goyal Allianz Investment Management Singapore Pte. Ltd. 100% Subsidiary of Allianz SE 318.50

Mr. Rahul Bajaj

Bajaj Auto Ltd.

Chairman & Member 4,884.02


Mr. Niraj Bajaj Director


Mr. Kamesh Goyal Allianz Insurance Management Asia Pacific Pte. Ltd. 100% Subsidiary of Allianz SE 13.11

Bajaj Allianz Life Insurance Company Ltd. I Management Report for the Financial Year ended 31st March 2012 Annual Report 2011-2012

(Rs. In Lakhs)

12

For Bajaj Allianz Life Insurance Company Limited

Rahul Bajaj Manuel Bauer

Chairman Director

Niraj Bajaj Sanjiv Bajaj

Director Director

David Fried Ranjit Gupta

Director Director

S. H. Khan Suraj Mehta

Director Director

Manu Tandon V Philip

Director Managing Director and Chief Executive Officer

Rajesh Viswanathan Anil Singh

Chief Financial Officer Appointed Actuary

Sameer Bakshi

Company Secretary and Head – Legal & Compliance

Place : Pune


Name of the Director/Shareholder Entity in which Director is interested Interested as Amount of Payment during the FY 2011-12

Mr. Rahul BajajHind Musafir Agency Limited

Shareholding exceeds 2% 7.02

Mr. Niraj Bajaj Member

Mr. Manuel Bauer Allianz SE Member of the Board of Management 6.39

14. The Management of Bajaj Allianz Life Insurance Company

Limited certifies that:

(a) The financial statements of Bajaj Allianz Life Insurance Company

Limited have been prepared in accordance with the applicable

accounting standards and principles and policies with no

material departures;

(b) The Management has adopted accounting policies and applied

them consistently and made judgments and estimates that are

reasonable and prudent so as to give a true and fair view of the

state of the affairs of the Company at the end of the financial

year and of the operating profit as per Policyholders’ Account

(Technical Account) and of the profit as per Shareholders’

Account (Non Technical Account) of the Company for the year;

(c) The Management has taken proper and sufficient care for the

maintenance of adequate accounting records in accordance

with the applicable provisions of the Insurance Act, 1938 (4 of

1938) and Companies Act, 1956 (1 of 1956), for safeguarding

the assets of the Company and for preventing and detecting

fraud and other irregularities;

(d) The financial statements have been prepared on a going concern

basis;

(e) The Company has an internal audit system commensurate with

the size of the Company and nature of the business.


(Rs. In Lakhs)

To the Members of Bajaj Allianz Life Insurance Company Limited

1. We have audited the attached Balance Sheet of Bajaj Allianz

Life Insurance Company Limited (‘the Company’) as at 31

March 2012, the related Policyholders’ Revenue Account, the

Shareholders’ Profit and Loss Account and the Receipts and

Payments Account for the year ended on that date annexed

thereto, which we have signed under reference to this report.

These financial statements are the responsibility of the

Company’s management. Our responsibility is to express an

opinion on these financial statements based on our audit.

2. We conducted our audit in accordance with auditing standards

generally accepted in India. Those standards require that we

plan and perform the audit to obtain reasonable assurance

about whether the financial statements are free of material

misstatement. An audit includes examining, on a test basis,

evidence supporting the amounts and disclosures in the

financial statements. An audit also includes assessing the

accounting principles used and significant estimates made

by management, as well as evaluating the overall financial

statement presentation. We believe that our audit provides a

reasonable basis for our opinion.

3. The Balance Sheet, the Policyholders’ Revenue Account, the


Payments Account have been drawn up in accordance with

the Insurance Act, 1938 (Act 4 of 1938), Insurance Regulatory

and Development Act, 1999, Insurance Regulatory and

Development Authority (Preparation of Financial Statements

and Auditor’s Report of Insurance Companies) Regulations 2002

(‘the Regulations’) read with Section 211 of the Companies Act,

1956.

4. As required by the Regulations, we set out in the Annexure, a

statement certifying the matters specified in paragraph 4 of

Schedule C to the Regulations.

5. Further to our comments in the Annexure referred to above, we

report that:

(a) We have obtained all the information and explanations, which

to the best of our knowledge and belief were necessary for the

purposes of the audit and have found them to be satisfactory;

(b) In our opinion and to the best of our information and according

to the explanations given to us, proper books of account as

required by law have been maintained by the Company, so far

as appears from our examination of those books;

(c) As the Company’s financial accounting system is centralized at

head office, no returns for the purposes of our audit are prepared

at the branches and other offices of the Company;

(d) The Balance Sheet, the Policyholders’ Revenue Account, the


Payments Account dealt with by this report are in agreement

with the books of account;

(e) The actuarial valuation of liabilities for life policies in force is

the responsibility of the Company’s Appointed Actuary (‘the

Appointed Actuary’). The actuarial valuation of these liabilities

as at 31 March 2012 has been duly certified by the Appointed

Actuary. The Appointed Actuary has also certified in his opinion,

the assumptions for such valuation are in accordance with the

guidelines and norms, if any, issued by the Insurance Regulatory

Development Authority (‘IRDA’) (‘Authority’) and the Actuarial

Society of India in concurrence with the Authority. We have relied

upon Appointed Actuary’s certificate in this regard for forming

our opinion on the financial statements of the Company;

(f) On the basis of written representations received from the

Directors of the Company, as on 31 March 2012 and taken

on record by the Board of Directors, none of the Directors is

disqualified as on 31 March 2012 from being appointed as a

Director in terms of clause (g) of sub-section (1) of Section 274

of the Companies Act, 1956.

6. In our opinion and to the best of our information and according

to the explanations given to us, we further report that:

(a) The Investments have been valued in accordance with the

provisions of the Insurance Act, 1938, the Regulations and / or

orders / directions issued by IRDA in this regard;

(b) The accounting policies selected by the Company are appropriate

and are in compliance with the applicable Accounting Standards

referred to in sub-section (3C) of section 211 of the Companies

Act, 1956 and the Rules framed there under and with the

accounting principles as prescribed in the Insurance Regulatory

and Development Authority (Preparation of Financial Statements

and Auditor’s Report of Insurance Companies) Regulations,

2002, (‘the Regulations’) and orders/directions issued by IRDA

in this behalf;

(c) The Balance sheet, the Policyholders’ Revenue Account, the


Payments Account dealt with by this report comply with the

Accounting Standards referred to in sub-section (3C) of section

211 of the Companies Act, 1956 and the Rules framed there

under to the extent they are not inconsistent with the accounting

principles prescribed in the Regulations and orders / directions

issued by IRDA in this regard;

Auditors’ Report

13

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Auditor’s Report for the Financial Year ended 31st March 2012

7. In our opinion and to the best of our information and according

to the explanations given to us, the said financial statements

together with the notes thereon and attached thereto

are prepared in accordance with the requirements of the

Regulations, the Insurance Act, 1938, the Insurance Regulatory

and Development Authority Act, 1999 and the Companies Act,

1956, to the extent applicable and in the manner so required

and give a true and fair view in conformity with the accounting

principles generally accepted in India as applicable to insurance

companies:

(i) in the case of the Balance Sheet, of the state of affairs of the

Company as at 31 March 2012;

(ii) in the case of Policyholders’ Revenue Account, of the net surplus

for the year ended on that date;

(iii) in the case of Shareholders’ Profit and Loss account, of the profit

for the year ended on that date; and

(iv) in the case of the Receipts and Payments Account, of the receipts

and payments for the year ended on that date.

8. Further, on the basis of our examination of books of account and

other records of the Company and according to the information

and explanations given to us, we certify to the best of our

knowledge and belief that:

(a) We have reviewed the Management Report attached to the

financial statements for the year ended 31 March 2012, and

have found no apparent mistake or material inconsistencies

with the financial statements; and

(b) Based on information and explanations received during normal

course of the audit, management’s representations made to us

and the compliance certificates submitted to the Board by the

officers of the Company charged with compliance and the same

being noted by the Board, nothing has come to our attention

which causes us to believe that the Company has not complied

with the terms and conditions of registration as per subsection

4 of section 3 of the Insurance Act, 1938.

For Dalal & Shah

Chartered Accountants

Firm’s Registration No: 102021W

Anish Amin

Partner

Membership No: 40451

Place : Pune


For B S R & Co.



Juzer Miyajiwala

Partner


Place : Pune


14


Auditors’ Certificate

To the Members of Bajaj Allianz Life Insurance Company Limited

In accordance with the information and explanations given to us and to the best of our knowledge and belief and based on our examination of

the books of account and other records maintained by Bajaj Allianz Life Insurance Company Limited (‘the Company’) for the year ended 31

March 2012, we certify that:

1. We have verified the cash balances, to the extent considered necessary, and securities relating to the Company’s loans and investments

as at 31 March 2012 by actual inspection or on the basis of certificates / confirmations received from the Custodian appointed by the

Company, as the case may be. As at 31 March 2012, none of the Company’s assets involve reversion or life interests;

2. The Company is not a trustee of any trust; and

3. No part of the assets of the Policyholders’ Funds has been directly or indirectly applied in contravention to the provisions of the Insurance

Act, 1938, relating to the application and investments of the Policyholders’ Funds.

This certificate is issued to comply with Schedule C of the Insurance Regulatory and Development Authority (Preparation of Financial Statements

and Auditor’s Report of Insurance Companies) Regulations 2002, (‘the Accounting Regulations’) read with Regulation 3 of the Accounting

Regulations and may not be suitable for any other purpose.

Annexure to the Auditors’ Report(Referred to in the Auditors’ Report to the members of Bajaj Allianz Life Insurance Company Limited (‘the Company’) on the accounts for the

year ended 31 March 2012)

For Dalal & Shah



Anish Amin

Partner


Place : Pune


For B S R & Co.



Juzer Miyajiwala

Partner


Place : Pune


15

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Auditor’s Report for the Financial Year ended 31st March 2012

Revenue Account for the year ended 31st March 2012Policyholders’ Account (Technical Account)

Particulars Schedule Current Year Participating

Individual Assurance

Individual Pension

PREMIUMS EARNED - Net

(a) Premium 1 74,837,954 19,052,597 59,242

(b) Reinsurance ceded (Refer Schedule 16 Note 16) (501,791) (62,592) (714)

(c) Reinsurance accepted - - -

SUB-TOTAL 74,336,163 18,990,005 58,528

INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent - Gross 11,065,710 2,220,229 42,004

(b) Profit on sale / redemption of investments 14,465,335 1,172 -

(c) (Loss on sale / redemption of investments) (6,979,550) (4,110) (28)

(d) Transfer/Gain on revaluation/ change in fair value (20,928,753) - -

(e) Other investment income 1,982,785 - -

(394,473) 2,217,291 41,976

OTHER INCOME 87,914 59,616 341

Contribution from the Shareholders’ account 28,489 - -

(Refer Schedule 16 Note 15)

SUB-TOTAL (278,070) 2,276,907 42,317

TOTAL (A) 74,058,093 21,266,912 100,845

COMMISSION 2 3,882,730 3,220,333 986

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS 3 14,062,756 5,079,228 5,663

Provision for doubtful debts - - -

Bad Debts written off - - -

Provision for Income Tax 1,856,244 71,993 -

Provisions (other than taxation)

(a) For diminution in the value of investments (net) - - -

(b) Others - - -

TOTAL (B) 19,801,730 8,371,554 6,649

BENEFIT PAID (Net) 4 54,945,976 1,424,737 23,469

Interim Bonuses Paid 12,476 12,101 375

Change in valuation of liability in respect of life policies in force

(Refer Schedule 16 Note 1(e) and Note 8)

(a) Gross 18,091,966 10,998,024 43,382

(b) Fund Reserve [Refer Schedule 16 Note 1(e) ] (29,003,444) - -

(c) Reserve for Discontinuance fund [Refer Schedule 16 Note 26] 156,384 - -

(d) Amount ceded in Re-insurance - - -

(e) Amount accepted in Re-insurance - - -

TOTAL (C) 44,203,358 12,434,862 67,226

SURPLUS/ (DEFICIT ) (D) = (A) - (B) - (C) 10,053,005 460,496 26,970

Balance of previous year 1,183,697 1,150,293 33,404

APPROPRIATIONS

Transfer (to)/from reserve for lapsed unit linked policies unlikely to be revived 897,353 - -


Transfer to Shareholders’ account (10,691,260) (226,841) (1,527)

Balance being funds for future appropriations 1,442,795 1,383,948 58,847

DETAILS OF TOTAL SURPLUS

Interim Bonuses Paid (a) 12,476 12,101 375

Allocation of Bonus to policyholders (b) 2,055,319 2,041,573 13,746

Surplus shown in the Revenue Account (c) 10,053,005 460,496 26,970

Total Surplus [ (a)+ (b)+ (c) ] 12,120,800 2,514,170 41,091

16


Non Participating Linked


Individual Health

Individual Annuity

Group Assurance

IndividualAssurance

IndividualPension

Group

3,347,241 324,802 177,631 8,942,370 37,067,314 2,864,809 3,001,948

(18,566) (89,864) - (146,687) (180,297) (751) (2,320)

- - - - - - -

3,328,675 234,938 177,631 8,795,683 36,887,017 2,864,058 2,999,628

335,315 12,396 32,845 765,570 6,792,122 498,357 366,872

1,372 - - 330 13,466,942 769,654 225,865

(1,364) (221) (32) (7,472) (6,241,271) (525,266) (199,786)

- - - - (19,652,057) (1,003,974) (272,722)

- - - - 1,751,592 121,334 109,859

335,323 12,175 32,813 758,428 (3,882,672) (139,895) 230,088

1,569 955 42 8,077 9,998 500 6,816

- - 28,489 - - - -

336,892 13,130 61,344 766,505 (3,872,674) (139,395) 236,904

3,665,567 248,068 238,975 9,562,188 33,014,343 2,724,663 3,236,532

98,710 52,861 614 164,198 266,902 22,090 56,036

303,901 24,992 11,226 286,084 7,463,862 601,380 286,420

- - - - - - -

- - - - - - -

21,717 3,651 - 55,191 1,691,740 - 11,952

- - - - - - -

- - - - - - -

424,328 81,504 11,840 505,473 9,422,504 623,470 354,408

267,438 124,353 27,242 3,215,735 42,894,314 3,280,749 3,687,939

- - - - - - -

2,834,759 18,858 199,893 5,487,919 (1,345,160) (142,129) (3,580)

- - - - (26,895,827) (1,228,923) (878,694)

- - - - 156,384 - -

- - - - - - -

- - - - - - -

3,102,197 143,211 227,135 8,703,654 14,809,711 1,909,697 2,805,665

139,042 23,353 - 353,061 8,782,128 191,496 76,459

- - - - - - -

- - - - 897,353 - -

(139,042) (23,353) - (353,061) (9,679,481) (191,496) (76,459)

- - - - - - -

- - - - - - -

- - - - - - -

139,042 23,353 - 353,061 8,782,128 191,496 76,459

139,042 23,353 - 353,061 8,782,128 191,496 76,459

(Amount in Rs. ‘000)

17

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the Financial Year ended 31st March 2012

Revenue Account for the year ended 31st March 2012 Policyholders’ Account (Technical Account)

Particulars Schedule Previous Year Participating


Individual Pension

PREMIUMS EARNED - Net

(a) Premium 1 96,099,487 11,040,604 60,236

(b) Reinsurance ceded (Refer Schedule 16 Note 16) (347,698) (42,498) (698)

(c) Reinsurance accepted - - -

SUB-TOTAL 95,751,789 10,998,106 59,538


(a) Interest, Dividend & Rent - Gross 9,378,252 1,520,909 35,578

(b) Profit on sale / redemption of investments 32,226,636 30,799 1,270

(c) (Loss on sale / redemption of investments) (3,826,512) (20,086) (259)

(d) Transfer/Gain on revaluation/ change in fair value (1,405,265) - -

(e) Other investment income 2,750,548 - -

39,123,659 1,531,622 36,589

Other Income 86,869 66,489 866

Contribution from the Shareholders' account 316,720 - -


SUB-TOTAL 39,527,248 1,598,111 37,455

TOTAL (A) 135,279,037 12,596,217 96,993

COMMISSION 2 6,164,741 1,982,309 1,252

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS 3 16,065,847 3,153,289 7,649

Provision for doubtful debts - - -

Bad Debts written off - - -

Provision for Income Tax 1,923,860 43,354 -

Provisions (other than taxation)

(a) For diminution in the value of investments (net) - - -

(b) Others - - -

TOTAL (B) 24,154,448 5,178,952 8,901

BENEFIT PAID (Net) 4 49,846,683 835,374 19,420

Interim Bonuses Paid 19,558 14,663 1,938

Change in valuation of liability in respect of life policies in force


(a) Gross 8,153,271 6,306,295 61,155

(b) Fund Reserve [Refer Schedule 16 Note 1(e) ] 44,695,551 - -

(c) Reserve for Discontinuance fund [Refer Schedule 16 Note 26] - - -

(d) Amount ceded in Re-insurance - - -

(e) Amount accepted in Re-insurance - - -

TOTAL (C) 102,715,063 7,156,332 82,513

SURPLUS/ (DEFICIT ) (D) = (A) - (B) - (C) 8,409,526 260,933 5,579

Balance of previous year 1,023,664 994,530 29,134

APPROPRIATIONS

Transfer (to)/from reserve for lapsed unit linked policies unlikely to be revived 1,105,581 - -


Transfer to Shareholders' account (9,355,074) (105,170) (1,309)

Balance being funds for future appropriations 1,183,697 1,150,293 33,404

DETAILS OF TOTAL SURPLUS

Interim Bonuses Paid (a) 19,558 14,663 1,938

Allocation of Bonus to policyholders (b) 958,308 946,530 11,778

Surplus shown in the Revenue Account (c) 8,409,526 260,933 5,579

Total Surplus [ (a)+ (b)+ (c) ] 9,387,392 1,222,126 19,295

18



Non Participating Linked


Individual Health

Individual Annuity

Group Assurance

IndividualAssurance

IndividualPension

Group

4,793,074 289,547 116,773 5,932,720 63,786,160 5,277,101 4,803,272

(14,846) (82,153) - (54,542) (151,083) (603) (1,275)

- - - - - - -

4,778,228 207,394 116,773 5,878,178 63,635,077 5,276,498 4,801,997

137,863 15,961 19,828 451,829 6,445,793 414,255 336,236

4,698 2,347 613 10,385 30,349,883 1,632,344 194,297

(1,483) (2) (394) (6,765) (3,410,303) (260,354) (126,866)

- - - - (1,712,363) 191,737 115,361

- - - - 2,528,991 152,722 68,835

141,078 18,306 20,047 455,449 34,202,001 2,130,704 587,863

1,390 261 28 969 11,083 4,617 1,166

- - 11,874 - - 304,846 -

142,468 18,567 31,949 456,418 34,213,084 2,440,167 589,029

4,920,696 225,961 148,722 6,334,596 97,848,161 7,716,665 5,391,026

1,100,408 45,770 650 189,383 2,548,714 167,465 128,790

1,664,590 27,378 2,447 247,481 9,294,008 1,042,442 626,563

- - - - - - -

- - - - - - -

61,753 8,681 - 46,850 1,741,671 - 21,551

- - - - - - -

- - - - - - -

2,826,751 81,829 3,097 483,714 13,584,393 1,209,907 776,904

153,338 86,728 17,461 2,127,776 43,673,877 2,205,110 727,599

2,957 - - - - - -

1,560,022 3,463 128,164 3,410,206 (3,143,749) (177,933) 5,648

- - - - 36,468,331 4,479,581 3,747,639

- - - - - - -

- - - - - - -

- - - - - - -

1,716,317 90,191 145,625 5,537,982 76,998,459 6,506,758 4,480,886

377,628 53,941 - 312,900 7,265,309 - 133,236

- - - - - - -

- - - - 1,105,581 - -

(377,628) (53,941) - (312,900) (8,370,890) - (133,236)

- - - - - - -

2,957 - - - - - -

- - - - - - -

377,628 53,941 - 312,900 7,265,309 - 133,236

380,585 53,941 - 312,900 7,265,309 - 133,236

19

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the Financial Year ended 31st March 2012

Notes to Financial Statements 16 As required by Section 40-B of the Insurance Act, 1938, we certify that all expenses of Management in respect of Life Insurance business transacted in India by the Company have been fully debited to the Policyholders’ Revenue Account as expenses.

The accompanying notes and schedules form an integral part of the financial statements.

As per our report of even date attached

For Bajaj Allianz Life Insurance Company Limited For Dalal & Shah For B S R & Co. Chartered Accountants Chartered Accountants Firm Registration Firm RegistrationNo. 102021W No. 101248W

Anish Amin Juzer Miyajiwala Partner Partner Membership No. 40451 Membership No. 47483

Rahul Bajaj Chairman

Sanjiv Bajaj Director

S. H. Khan Director V. Philip Managing Director and Chief Executive Officer

Sameer Bakshi Company Secretary and Head – Legal & Compliance Place : Pune Date : 12th May 2012

Place : Pune Date : 12th May 2012

Manuel Bauer Director David Fried Director Suraj Mehta Director Rajesh Viswanathan Chief Financial Officer

Niraj Bajaj Director

Ranjit Gupta Director

Manu Tandon Director

Anil Singh Appointed Actuary

20


Form A- PL

Profit & Loss Account for the year ended 31st March 2012Shareholders’ Account (Non Technical Account)


Particulars Current Year Current Year Previous Year Previous Year

Amounts transferred from the 10,691,260 9,355,074

Policyholders' Account (Technical Account)


(a) Interest, Dividends & Rent - Gross 2,732,290 1,759,051

(b) Profit on sale / redemption of investments 201,360 96,140

(c) (Loss on sale / redemption of investments) (25,587) (31,364)

(d) Transfer/Gain on revaluation / change in fair value - -

OTHER INCOME 1,066 -

TOTAL (A) 13,600,389 11,178,901

Expenses other than those directly related to the insurance business (Refer Schedule 16 Note 11)

76,124 45,534

Others

Provisions (Other than Taxation) - -

Contribution to the Policyholders' Account (Refer Schedule 16 Note 15)

Non Participating

Individual Annuity 28,489 11,874

Linked

Individual Pension - 28,489 304,846 316,720

TOTAL (B) 104,613 362,254

PROFIT / (LOSS) before Tax 13,495,776 10,816,647

Provision for Taxation including Wealth Tax 383,757 246,257

PROFIT / (LOSS) after Tax 13,112,019 10,570,390

Balance at the beginning of the year 10,387,412 (182,978)

PROFIT/(LOSS) CARRIED FORWARD TO BALANCE SHEET 23,499,431 10,387,412

Earning Per Share (Basic and Diluted) (Refer Schedule 16 Note 18) 87.00 70.14



Rahul Bajaj Chairman Sanjiv Bajaj Director S. H. Khan Director V. Philip Managing Director and Chief Executive Officer Sameer Bakshi Company Secretary and Head - Legal & Compliance Place : Pune Date : 12th May 2012



Niraj Bajaj Director Ranjit Gupta Director Manu Tandon Director Anil Singh Appointed Actuary

Notes to Financial Statements 16 The accompanying notes and schedules form an integral part of the financial statements. As per our report of even date attached.

21

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Profit & Loss Account for the Financial Year ended 31st March 2012

Form A- BS Balance Sheet as at 31st March 2012

Particulars Schedule Current Year Current Year Previous Year Previous Year

SOURCES OF FUNDS

SHAREHOLDERS' FUNDS

Share Capital 5 1,507,090 1,507,090

Reserves and Surplus 6 34,098,981 20,986,962

Credit/(Debit) Fair Value Change Account - 5

Sub-Total 35,606,071 22,494,057

BORROWINGS 7 - -

POLICYHOLDERS' FUNDS

Credit/(Debit) Fair Value Change Account 55,847 37,544

Policy Liabilities (Refer Schedule 16 Note 8)

Participating

Individual Assurance 32,544,438 21,546,414

Individual Pension 480,703 437,321

Non Participating


Individual Health 182,785 163,927


Group Assurance 13,069,765 7,581,846

Linked



Group 13,084 56,538,641 16,664 38,446,675

Insurance Reserves - -

Provision For Linked Liabilities

Linked Liabilities 277,000,156 285,074,847

Fair value change 22,838,105 299,838,261 43,766,858 328,841,705

Provision For Discontinuance Fund (Refer Schedule 16 Note 26) 156,384 -

Sub-Total 356,589,133 367,325,924

FUNDS FOR FUTURE APPROPRIATIONS

Participating



1,442,795 1,183,697

Reserve for Lapsed unit linked policies unlikely to be revived 847,971 2,290,766 1,745,324 2,929,021

Total 394,485,970 392,749,002


22


23

Particulars Schedule Current Year Current Year Previous Year Previous Year

APPLICATION OF FUNDS

INVESTMENTS

Shareholders' 8 36,005,554 23,520,820

Policyholders' 8A

Participating



Non Participating




Group Assurance 12,659,090 7,689,335

Linked



Group 16,814 58,329,380 18,491 40,937,239

ASSETS HELD TO COVER LINKED LIABILITIES 8B 299,838,261 328,841,705


ASSETS HELD TO COVER DISCONTINUED FUNDS(Refer Schedule 16 Note 26)

156,384 -

LOANS 9 170,660 147,078

FIXED ASSETS 10

Gross Block 4,653,778 3,727,565

Less : Accumulated Depriciation 2,442,224 2,167,872

Net Block 10 2,211,554 1,559,693

Capital work in progress 50,870 94,016

2,262,424 1,653,709

CURRENT ASSETS

Cash and bank balances 11 4,382,396 4,385,098

Advances and other Assets 12 5,364,592 3,832,457

Sub-Total (A) 9,746,988 8,217,555

LESS: CURRENT LIABILITES AND PROVISIONS

Current liabilities 13 10,654,854 9,500,915

Provisions 14 1,368,827 1,068,189

Sub-Total (B) 12,023,681 10,569,104

NET CURRENT ASSETS (C) = (A-B) (2,276,693) (2,351,549)

MISCELLANEOUS EXPENDITURE 15 - -

(To the extent not written off or adjusted )

DEBIT BALANCE IN PROFIT & LOSS ACCOUNT - -

(Shareholders' account )

Total 394,485,970 392,749,002

Form A- BS Balance Sheet as at 31st March 2012

For Bajaj Allianz Life Insurance Company Limited For Dalal & Shah For B S R & Co.

Chartered Accountants Chartered Accountants Firm Registration Firm RegistrationNo. 102021W No. 101248W


Rahul Bajaj Chairman

Sanjiv Bajaj Director

S. H. Khan Director

V. Philip Managing Director and Chief Executive Officer

Sameer Bakshi Company Secretary and Head – Legal & Compliance



Manuel Bauer Director

David Fried Director

Suraj Mehta Director

Rajesh Viswanathan Chief Financial Officer





Notes to Financial Statements 16 The accompanying notes and schedules form an integral part of the financial statements. As per our report of even date attached.


Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Balance Sheet as at 31st March 2012

24

Part

icul

ars

Cur

rent

Yea

r P

arti

cipa

ting

N

on P

arti

cipa

ting

L

inke

d

Indi

vidu

al

Ass

uran

ceIn

divi

dual

Pe

nsio

nIn

divi

dual

A

ssur

ance

Indi

vidu

al

Hea

lth

Indi

vidu

al

Ann

uity

Gro

up

Ass

uran

ceIn

divi

dual

A

ssur

ance

Indi

vidu

al

Pens

ion

Gro

up

Firs

t Yea

r Pre

miu

m 1

8,51

6,37

0 1

1,53

5,98

4 2

,616

1

63,3

51

156

,092

-

4,9

38,9

36

719

,930

-

999

,461

Rene

wal

Pre

miu

m 4

7,66

4,89

6 7

,516

,613

5

6,62

6 3

,177

,221

1

68,7

10

- 2

,225

,489

3

1,09

3,84

0 2

,822

,513

6

03,8

84

Sing

le P

rem

ium

8,6

56,6

88

- -

6,6

69

- 1

77,6

31

1,7

77,9

45

5,2

53,5

44

42,

296

1,3

98,6

03

Tota

l Pre

miu

m

74,

837,

954

19,

052,

597

59,

242

3,3

47,2

41

324

,802

1

77,6

31

8,9

42,3

70

37,

067,

314

2,8

64,8

09

3,0

01,9

48

Prem

ium

Inco

me

from

Bus

ines

s writ

ten:

In In

dia

74,

837,

954

19,

052,

597

59,

242

3,3

47,2

41

324

,802

1

77,6

31

8,9

42,3

70

37,

067,

314

2,8

64,8

09

3,0

01,9

48

Out

side

Indi

a -

- -

- -

- -

- -

-

Tota

l Pre

miu

m

74,

837,

954

19,

052,

597

59,

242

3,3

47,2

41

324

,802

1

77,6

31

8,9

42,3

70

37,

067,

314

2,8

64,8

09

3,0

01,9

48

Par

ticu

lars

P

revi

ous

Year

P

arti

cipa

ting

N

on P

arti

cipa

ting

L

inke

d

Indi

vidu

al

Ass

uran

ce

Indi

vidu

al

Pen

sion

In

divi

dual

A

ssur

ance

In

divi

dual

H

ealt

h In

divi

dual

A

nnui

ty

Gro

up

Ass

uran

ce

Indi

vidu

al

Ass

uran

ce

Indi

vidu

al

Pen

sion

G

roup

Firs

t Yea

r Pre

miu

m 2

3,12

0,85

2 6

,398

,423

4

,396

3

,607

,004

1

60,9

32

- 3

,087

,796

6

,424

,655

1

,524

,056

1

,913

,590

Rene

wal

Pre

miu

m 6

1,44

1,29

8 4

,642

,181

5

5,84

0 1

,178

,139

1

28,6

15

- 1

,802

,877

5

0,10

1,51

8 3

,338

,008

1

94,1

20

Sing

le P

rem

ium

11,

537,

337

- -

7,9

31

- 1

16,7

73

1,0

42,0

47

7,2

59,9

87

415

,037

2

,695

,562

Tota

l Pre

miu

m

96,

099,

487

11,

040,

604

60,

236

4,7

93,0

74

289

,547

1

16,7

73

5,9

32,7

20

63,

786,

160

5,2

77,1

01

4,8

03,2

72

Prem

ium

Inco

me

from

Bus

ines

s writ

ten:

In In

dia

96,

099,

487

11,

040,

604

60,

236

4,7

93,0

74

289

,547

1

16,7

73

5,9

32,7

20

63,

786,

160

5,2

77,1

01

4,8

03,2

72

Out

side

Indi

a -

- -

- -

- -

- -

-

Tota

l Pre

miu

m

96,

099,

487

11,

040,

604

60,

236

4,7

93,0

74

289

,547

1

16,7

73

5,9

32,7

20

63,

786,

160

5,2

77,1

01

4,8

03,2

72

Sche

dule

s for

min

g pa

rt o

f fin

anci

al st

atem

ents

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Sche

dule

- 1

: Pre

miu

m

(Am

ount

in R

s. ‘0

00)

(Am

ount

in R

s. ‘0

00)


25

Part

icul

ars

Cur

rent

Yea

r P

arti

cipa

ting

N

on P

arti

cipa

ting

L

inke

d

Indi

vidu

al

Ass

uran

ceIn

divi

dual

Pe

nsio

nIn

divi

dual

A

ssur

ance

Indi

vidu

al

Hea

lth

Indi

vidu

al

Ann

uity

Gro

up

Ass

uran

ceIn

divi

dual

A

ssur

ance

Indi

vidu

al

Pens

ion

Gro

up

Com

mis

sion

Pai

d

Dire

ct -

Firs

t yea

r pre

miu

m 3

,194

,141

2

,887

,411

1

73

21,

207

50,

394

-

102

,841

1

11,3

21

- 2

0,79

4

- R

enew

al P

rem

ium

591

,400

3

43,7

72

829

8

0,37

9 7

,916

-

4

4,98

9 7

9,62

3 2

1,82

0 1

2,07

2

- S

ingl

e Pr

emiu

m 1

34,8

77

- -

- -

614

2

1,53

3 8

9,22

1 3

39

23,

170

Add:

Com

mis

sion

on

Rein

sura

nce

Acce

pted

- -

- -

- -

- -

- -

Less

: Co

mm

issi

on o

n Re

insu

ranc

e Ce

ded

(37

,688

) (1

0,85

0) (1

6) (2

,876

) (5

,449

) -

(5,1

65)

(13,

263)

(69)

-

(Ref

er S

ched

ule

16 N

ote

16)

Net

Com

mis

sion

3,8

82,7

30

3,2

20,3

33

986

9

8,71

0 5

2,86

1 6

14

164

,198

2

66,9

02

22,

090

56,

036

Brea

kup

of c

omm

issi

on e

xpen

ses (

Gro

ss) i

ncur

red

to p

rocu

re b

usin

ess i

s fur

nish

ed b

elow

(*)

Agen

ts 1

,991

,412

Brok

ers

33,

698

Corp

orat

e Ag

ency

1,8

95,3

08

Refe

rral

-

Tota

l 3

,920

,418

Not

e : C

omm

issi

on o

f Firs

t Yea

r pre

miu

m in

clud

es re

ferr

al fe

es a

mou

ntin

g to

Rs.

NIL

(Pre

viou

s yea

r Rs.

447

,242

)

* Inf

orm

atio

n ac

ross

line

of b

usin

ess h

as n

ot b

een

disc

lose

d as

info

rmat

ion

is n

ot re

adily

ava

ilabl

e.

(Am

ount

in R

s. ‘0

00)

(Am

ount

in R

s. ‘0

00)

Sche

dule

s for

min

g pa

rt o

f fin

anci

al st

atem

ents

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Sche

dule

- 2

: Com

mis

sion

Part

icul

ars

Pre

viou

s Ye

ar

Par

tici

pati

ng

Non

Par

tici

pati

ng

Lin

ked

Indi

vidu

al

Assu

ranc

eIn

divi

dual

Pe

nsio

nIn

divi

dual

As

sura

nce

Indi

vidu

al

Hea

lthIn

divi

dual

An

nuity

Gro

up

Assu

ranc

eIn

divi

dual

As

sura

nce

Indi

vidu

al

Pens

ion

Gro

up

Com

mis

sion

Pai

d

Dire

ct -

Firs

t yea

r pre

miu

m 4

,409

,417

1

,761

,632

-

1,0

74,5

62

39,

831

- 1

36,8

99

1,1

77,7

81

122

,034

9

6,67

8

- R

enew

al P

rem

ium

1,6

60,5

69

225

,027

1

,273

2

9,76

9 6

,901

-

57,

541

1,2

97,3

92

41,

851

815

-S

ingl

e Pr

emiu

m 1

31,9

94

- -

119

-

650

1

,263

9

4,97

0 3

,695

3

1,29

7

Add:

Com

mis

sion

on

Rein

sura

nce

Acce

pted

- -

- -

- -

- -

- -

Less

: Co

mm

issi

on o

n Re

insu

ranc

e Ce

ded

(37,

239)

(4,3

50)

(21)

(4,0

42)

(962

) -

(6,3

20)

(21,

429)

(115

) -

(Ref

er S

ched

ule

16 N

ote

16)

Net

Com

mis

sion

6,1

64,7

41

1,9

82,3

09

1,2

52

1,1

00,4

08

45,

770

650

1

89,3

83

2,5

48,7

14

167

,465

1

28,7

90

Brea

kup

of c

omm

issi

on e

xpen

ses (

Gro

ss) i

ncur

red

to p

rocu

re b

usin

ess i

s fur

nish

ed b

elow

(*)

Agen

ts 2

,800

,010

Brok

ers

46,

501

Corp

orat

e Ag

ency

2,9

08,2

27

Refe

rral

447

,242

Tota

l 6

,201

,980

Not

e : C

omm

issi

on o

f Firs

t Yea

r pre

miu

m in

clud

es re

ferr

al fe

es a

mou

ntin

g to

Rs.

447

,242

(Pre

viou

s yea

r Rs.

1,1

87,5

16)

* Inf

orm

atio

n ac

ross

line

of b

usin

ess h

as n

ot b

een

disc

lose

d as

info

rmat

ion

is n

ot re

adily

ava

ilabl

e.

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012

26

Sche

dule

- 3

: Ope

rati

ng E

xpen

ses

Rela

ted

To In

sura

nce

Busi

ness

(Ref

er S

ched

ule

16 N

ote

10)

Part

icul

ars

Cur

rent

Yea

r P

arti

cipa

ting

N

on P

arti

cipa

ting

L

inke

d

Indi

vidu

al

Ass

uran

ceIn

divi

dual

Pe

nsio

nIn

divi

dual

A

ssur

ance

Indi

vidu

al

Hea

lth

Indi

vidu

al

Ann

uity

Gro

up

Ass

uran

ceIn

divi

dual

A

ssur

ance

Indi

vidu

al

Pens

ion

Gro

up

Empl

oyee

s' re

mun

erat

ion,

wel

fare

ben

efits

and

ot

her m

anpo

wer

cos

ts 5

,936

,433

2

,406

,121

2

,686

1

47,1

91

11,

833

5,3

10

135

,334

2

,849

,195

2

63,7

49

115

,014

Trav

el, c

onve

yanc

e an

d ve

hicl

e ru

nnin

g ex

pens

es 1

55,9

87

63,

223

71

3,8

68

311

1

40

3,5

56

74,

866

6,9

30

3,0

22

Trai

ning

exp

ense

s 2

53,8

56

102

,892

1

15

6,2

94

506

2

27

5,7

87

121

,838

1

1,27

9 4

,918

Rent

s, ra

tes a

nd ta

xes

- S

ervi

ce ta

x bo

rne

by U

nit l

inke

d po

licy

hold

ers'

1,6

71,1

11

- -

- -

- -

1,5

80,0

55

48,

253

42,

803

- S

ervi

ce T

ax u

nutil

ised

cre

dits

pro

visi

on/w

rite

back

(6,

111)

(2,4

77)

(3)

(152

) (1

2) (5

) (1

39)

(2,9

33)

(272

) (1

18)

- S

ervi

ce T

ax E

xpen

ses

122

,716

5

4,83

0 6

1 3

,354

2

70

121

3

,084

5

2,36

5 6

,010

2

,621

- Re

nts &

Rat

es 4

42,9

15

179

,532

2

00

10,

982

883

3

96

10,

097

212

,567

1

9,67

7 8

,581

Repa

irs 1

04,2

72

42,

263

47

2,5

85

208

9

3 2

,377

5

0,04

6 4

,633

2

,020

Prin

ting

and

stat

ione

ry 1

28,7

86

52,

199

58

3,1

93

257

1

15

2,9

36

61,

811

5,7

22

2,4

95

Com

mun

icat

ion

expe

nses

674

,924

2

73,5

57

305

1

6,73

4 1

,345

6

04

15,

386

323

,931

2

9,98

6 1

3,07

6

Lega

l and

pro

fess

iona

l cha

rges

110

,864

4

4,93

5 5

0 2

,749

2

21

100

2

,527

5

3,20

9 4

,925

2

,148

Med

ical

fees

29,

646

12,

016

13

735

5

9 2

7 6

76

14,

229

1,3

17

574

Audi

tors

' fee

s, e

xpen

ses,

etc.

- -

- -

- -

- -

(a) a

s aud

itor

6,5

50

2,6

55

3

162

1

3 6

1

49

3,1

44

291

1

27

(b) a

s adv

iser

or i

n an

y ot

her c

apac

ity,in

resp

ect o

f

(i

) Tax

atio

n M

atte

rs -

- -

- -

- -

- -

-

(i

i) In

sura

nce

Mat

ters

- -

- -

- -

- -

- -

(i

ii) M

anag

emen

t Ser

vice

s; a

nd -

- -

- -

- -

- -

-

(c) i

n an

y ot

her c

apac

ity 4

00

162

-

10

1

- 9

1

92

18

8

(d) o

ut o

f poc

ket e

xpen

ses

340

1

38

- 8

1

-

8

163

1

5 7

Adve

rtis

emen

t and

pub

licity

674

,556

2

73,4

07

305

1

6,72

5 1

,345

6

03

15,

378

323

,754

2

9,97

0 1

3,06

9

Inte

rest

and

ban

k ch

arge

s 1

38,1

32

55,

987

63

3,4

25

275

1

24

3,1

49

66,

296

6,1

37

2,6

76

Oth

ers

a) I

nfor

mat

ion

tech

nolo

gy e

xpen

ses

572

,420

2

32,0

10

259

1

4,19

3 1

,141

5

12

13,

050

274

,733

2

5,43

2 1

1,09

0

b) I

nsur

ance

, wat

er a

nd e

lect

ricity

cha

rges

241

,654

9

7,94

6 1

09

5,9

92

482

2

16

5,5

09

115

,982

1

0,73

6 4

,682

c) P

olic

y st

amps

98,

834

40,

059

45

2,4

51

197

8

8 2

,253

4

7,43

5 4

,391

1

,915

d) S

ecur

ity a

nd h

ouse

keep

ing

302

,904

1

22,7

71

137

7

,510

6

04

271

6

,905

1

45,3

79

13,

458

5,8

69

e) M

arke

ting

expe

nses

and

Bus

ines

s de

velo

pmen

t exp

ense

s 1

,919

,777

7

78,1

13

869

4

7,60

0 3

,827

1

,717

4

3,76

5 9

21,3

98

85,

294

37,

194

f)

Mis

cella

neou

s exp

ense

s 1

69,9

70

120

,495

1

29

561

6

03

282

7

,180

2

4,55

6 9

,576

6

,588

Dep

reci

atio

n(R

efer

Sch

edul

e 10

) 3

11,8

20

126

,394

1

41

7,7

31

622

2

79

7,1

08

149

,651

1

3,85

3 6

,041

Tota

l 1

4,06

2,75

6 5

,079

,228

5

,663

3

03,9

01

24,

992

11,

226

286

,084

7

,463

,862

6

01,3

80

286

,420

(Am

ount

in R

s. ‘0

00)


27

Sche

dule

- 3

: Ope

rati

ng E

xpen

ses

Rela

ted

To In

sura

nce

Busi

ness

(Ref

er S

ched

ule

16 N

ote

10)

Part

icul

ars

Pre

viou

s Ye

ar

Par

tici

pati

ng

Non

Par

tici

pati

ng

Lin

ked

Indi

vidu

al

Ass

uran

ceIn

divi

dual

Pe

nsio

nIn

divi

dual

A

ssur

ance

Indi

vidu

al

Hea

lth

Indi

vidu

al

Ann

uity

Gro

up

Ass

uran

ceIn

divi

dual

A

ssur

ance

Indi

vidu

al

Pens

ion

Gro

up

Empl

oyee

s' re

mun

erat

ion,

wel

fare

ben

efits

and

ot

her m

anpo

wer

cos

ts 6

,438

,886

1

,378

,474

3

,347

7

11,5

69

10,

561

1,0

63

108

,704

3

,521

,938

4

33,8

97

269

,333

Trav

el, c

onve

yanc

e an

d ve

hicl

e ru

nnin

g ex

pens

es 1

77,9

62

38,

099

93

19,

667

292

2

9 3

,004

9

7,34

2 1

1,99

2 7

,444

Trai

ning

exp

ense

s 1

25,8

43

26,

941

65

13,

907

206

2

1 2

,125

6

8,83

4 8

,480

5

,264

Rent

s, ra

tes a

nd ta

xes

- S

ervi

ce ta

x bo

rne

by U

nit l

inke

d po

licy

hold

ers'

1,1

96,9

46

- -

- -

- -

1,1

44,6

87

39,

304

12,

955

- S

ervi

ce T

ax u

nutil

ised

cre

dits

pro

visi

on/w

rite

back

(13,

536)

(2,8

98)

(7)

(1,4

96)

(22)

(2)

(229

) (7

,404

) (9

12)

(566

)

- S

ervi

ce T

ax E

xpen

ses

(54,

006)

(11,

562)

(28)

(5,9

68)

(89)

(9)

(912

) (2

9,54

0) (3

,639

) (2

,259

)

- Re

nts &

Rat

es 4

96,9

70

106

,394

2

58

54,

921

815

8

2 8

,390

2

71,8

33

33,

489

20,

788

Repa

irs 8

4,13

3 1

8,01

2 4

4 9

,298

1

38

14

1,4

20

46,

019

5,6

69

3,5

19

Prin

ting

and

stat

ione

ry 1

80,5

43

38,

652

94

19,

952

296

3

0 3

,048

9

8,75

3 1

2,16

6 7

,552

Com

mun

icat

ion

expe

nses

1,8

69,1

42

400

,157

9

72

206

,561

3

,066

3

09

31,

556

1,0

22,3

81

125

,956

7

8,18

4

Lega

l and

pro

fess

iona

l cha

rges

109

,210

2

3,38

0 5

7 1

2,06

9 1

79

18

1,8

44

59,

736

7,3

59

4,5

68

Med

ical

fees

32,

384

6,9

33

17

3,5

79

53

5

547

1

7,71

3 2

,182

1

,355

Audi

tors

' fee

s, e

xpen

ses,

etc.

(a) a

s aud

itor

5,6

50

1,2

10

3

624

9

1

9

5 3

,091

3

81

236

(b) a

s adv

iser

or i

n an

y ot

her c

apac

ity,in

resp

ect o

f

(i

) Tax

atio

n M

atte

rs -

- -

- -

- -

- -

-

(i

i) In

sura

nce

Mat

ters

- -

- -

- -

- -

- -

(i

ii) M

anag

emen

t Ser

vice

s; a

nd -

- -

- -

- -

- -

-

(c) i

n an

y ot

her c

apac

ity 3

00

65

- 3

3 -

- 5

1

64

20

13

(d) o

ut o

f poc

ket e

xpen

ses

225

4

8 -

25

- -

4

124

1

5 9

Adve

rtis

emen

t and

pub

licity

775

,260

1

65,9

72

403

8

5,67

5 1

,272

1

28

13,

088

424

,051

5

2,24

3 3

2,42

8

Inte

rest

and

ban

k ch

arge

s 1

97,6

54

42,

315

103

2

1,84

3 3

24

33

3,3

37

108

,112

1

3,31

9 8

,268

Oth

ers

a) I

nfor

mat

ion

tech

nolo

gy e

xpen

ses

770

,270

1

64,9

04

400

8

5,12

4 1

,263

1

27

13,

004

421

,322

5

1,90

6 3

2,22

0

b) I

nsur

ance

, wat

er a

nd e

lect

ricity

cha

rges

248

,296

5

3,15

7 1

29

27,

439

407

4

1 4

,192

1

35,8

13

16,

732

10,

386

c) P

olic

y st

amps

116

,838

2

5,01

3 6

1 1

2,91

2 1

92

19

1,9

73

63,

908

7,8

73

4,8

87

d) S

ecur

ity a

nd h

ouse

keep

ing

322

,388

6

9,01

9 1

68

35,

627

529

5

3 5

,443

1

76,3

39

21,

725

13,

485

e) M

arke

ting

expe

nses

and

Bus

ines

s de

velo

pmen

t exp

ense

s 2

,231

,972

4

54,4

71

1,0

94

271

,459

6

,703

3

66

34,

657

1,2

25,1

74

152

,179

8

5,86

9

f) M

isce

llane

ous e

xpen

ses

295

,297

5

6,64

9 1

38

29,

242

434

4

4 4

,467

1

73,5

28

19,

295

11,

500

Dep

reci

atio

n(R

efer

Sch

edul

e 10

) 4

57,2

20

97,

884

238

5

0,52

8 7

50

75

7,7

19

250

,090

3

0,81

1 1

9,12

5

Tota

l 1

6,06

5,84

7 3

,153

,289

7

,649

1

,664

,590

2

7,37

8 2

,447

2

47,4

81

9,2

94,0

08

1,0

42,4

42

626

,563

(Am

ount

in R

s. ‘0

00)


28

Sche

dule

- 4

: Be

nefit

s pa

id (

net)

Part

icul

ars

Cur

rent

Yea

r P

arti

cipa

ting

N

on P

arti

cipa

ting

L

inke

d

Indi

vidu

al

Ass

uran

ceIn

divi

dual

Pe

nsio

nIn

divi

dual

A

ssur

ance

Indi

vidu

al

Hea

lth

Indi

vidu

al

Ann

uity

Gro

up

Ass

uran

ceIn

divi

dual

A

ssur

ance

Indi

vidu

al

Pens

ion

Gro

up

Insu

ranc

e Cl

aim

s

(a)

Clai

ms b

y D

eath

5,3

23,9

91

626

,472

3

,916

3

27,5

19

4,7

15

4,8

40

1,5

80,5

36

2,6

43,5

01

86,

709

45,

783

(b)

Clai

ms b

y M

atur

ity 1

,703

,017

7

04,0

45

13,

165

2,7

39

- 2

2

,148

6

62,4

06

318

,407

1

05

(c)

Annu

ities

/Pen

sion

s pay

men

t 5

7,48

7 -

- -

- 2

2,39

7 3

5,09

0 -

- -

(d)

UL

With

draw

als/

Surr

ende

rs &

Oth

er

Bene

fits (

*) 4

8,16

2,41

9 1

50,5

02

6,3

88

(29,

798)

197

,337

3

1

,667

,030

3

9,65

1,96

0 2

,875

,633

3

,643

,364

(Am

ount

ced

ed in

rein

sura

nce)

:

(a)

Clai

ms b

y D

eath

(15

2,18

8) (5

3,49

4) -

(33,

022)

(425

) -

(1,1

31)

(63,

553)

- (5

63)

(b)

Clai

ms b

y M

atur

ity -

- -

- -

- -

- -

-

(c)

Annu

ities

/Pen

sion

s pay

men

t -

- -

- -

- -

- -

-

(d)

UL

With

draw

als/

Surr

ende

rs &

Oth

er

Bene

fits

(14

8,75

0) (2

,788

) -

- (7

7,27

4) -

(67,

938)

- -

(750

)

Am

ount

acc

epte

d in

rein

sura

nce

(a)

Cla

ims b

y D

eath

- -

- -

- -

- -

- -

(b)

Cla

ims b

y M

atur

ity -

- -

- -

- -

- -

-

(c)

Annu

ities

/Pen

sion

s pay

men

t, -

- -

- -

- -

- -

-

(d)

UL

With

draw

als/

Surr

ende

rs &

Oth

er

Bene

fits

- -

- -

- -

- -

- -

Tota

l 5

4,94

5,97

6 1

,424

,737

2

3,46

9 2

67,4

38

124

,353

2

7,24

2 3

,215

,735

4

2,89

4,31

4 3

,280

,749

3

,687

,939

Bene

fits p

aid

to c

laim

ants

:

In In

dia

54,

945,

976

1,4

24,7

37

23,

469

267

,438

1

24,3

53

27,

242

3,2

15,7

35

42,

894,

314

3,2

80,7

49

3,6

87,9

39

Out

side

Indi

a -

- -

- -

- -

- -

-

Tota

l 5

4,94

5,97

6 1

,424

,737

2

3,46

9 2

67,4

38

124

,353

2

7,24

2 3

,215

,735

4

2,89

4,31

4 3

,280

,749

3

,687

,939

* Sur

rend

ers a

re n

et o

f sur

rend

er c

harg

es o

f Rs.

4,9

32,4

45

(Am

ount

in R

s. ‘0

00)


29

Sche

dule

- 4

: Be

nefit

s pa

id (

net)

Part

icul

ars

Prev

ious

Yea

r P

arti

cipa

ting

N

on P

arti

cipa

ting

L

inke

d

Indi

vidu

al

Ass

uran

ceIn

divi

dual

Pe

nsio

nIn

divi

dual

A

ssur

ance

Indi

vidu

al

Hea

lth

Indi

vidu

al

Ann

uity

Gro

up

Ass

uran

ceIn

divi

dual

A

ssur

ance

Indi

vidu

al

Pens

ion

Gro

up

Insu

ranc

e Cl

aim

s

(a)

Clai

ms b

y D

eath

4,7

75,8

34

225

,268

1

,931

1

51,7

55

8,9

88

2,2

43

1,5

18,4

64

2,7

78,5

95

88,

590

-

(b)

Clai

ms b

y M

atur

ity 5

66,4

04

501

,308

1

2,94

8 3

64

- -

- 6

77

51,

107

-

(c)

Annu

ities

/Pen

sion

s pay

men

t 3

5,77

0 -

- -

- 1

5,21

8 2

0,55

2 -

- -

(d)

UL

With

draw

als/

Surr

ende

rs &

O

ther

Ben

efits

(*)

44,

640,

805

129

,613

4

,541

4

,834

1

57,3

04

- 6

09,2

00

40,

942,

301

2,0

65,4

13

727

,599

(Am

ount

ced

ed in

rein

sura

nce)

:

(a)

Clai

ms b

y D

eath

(61,

556)

(14,

834)

- (3

,615

) (1

,313

) -

5,9

00

(47,

694)

- -

(b)

Clai

ms b

y M

atur

ity -

- -

- -

- -

- -

-

(c)

Annu

ities

/Pen

sion

s pay

men

t -

- -

- -

- -

- -

-

(d)

UL

With

draw

als/

Surr

ende

rs &

O

ther

Ben

efits

(110

,574

) (5

,981

) -

- (7

8,25

1) -

(26,

340)

(2)

- -

Am

ount

acc

epte

d in

rein

sura

nce

(a)

Cla

ims b

y D

eath

- -

- -

- -

- -

- -

(b)

Cla

ims b

y M

atur

ity -

- -

- -

- -

- -

-

(c)

Annu

ities

/Pen

sion

s pay

men

t, -

- -

- -

- -

- -

-

(d)

UL

With

draw

als/

Surr

ende

rs &

O

ther

Ben

efits

- -

- -

- -

- -

- -

Tota

l 4

9,84

6,68

3 8

35,3

74

19,

420

153

,338

8

6,72

8 1

7,46

1 2

,127

,776

4

3,67

3,87

7 2

,205

,110

7

27,5

99

Bene

fits p

aid

to c

laim

ants

:

In In

dia

49,

846,

683

835

,374

1

9,42

0 1

53,3

38

86,

728

17,

461

2,1

27,7

76

43,

673,

877

2,2

05,1

10

727

,599

Out

side

Indi

a -

- -

- -

- -

- -

-

Tota

l 4

9,84

6,68

3 8

35,3

74

19,

420

153

,338

8

6,72

8 1

7,46

1 2

,127

,776

4

3,67

3,87

7 2

,205

,110

7

27,5

99

* Sur

rend

ers a

re n

et o

f sur

rend

er c

harg

es o

f Rs.

2,5

67,2

76

(Am

ount

in R

s. ‘0

00)


30

Schedule - 5:Share Capital

Schedule - 5A:Pattern of Shareholding (As Certified by Management)


Particulars Current Year Previous Year

Authorised Capital

200,000,000 Equity Shares of Rs. 10/- Each 2,000,000 2,000,000

Issued , Subscribed, Called and Paid up Capital 1,507,090 1,507,090

Equity Shares of Rs. 10/- Each

150,709,000 (Previous Year 150,709,000) Equity Shares of Rs.10/- Each

Less: Preliminary Expenses (to the extent not written off) - -

Total 1,507,090 1,507,090

Shareholder Current Year Previous Year

Number of Shares % of Holding Number of Shares % of Holding

PROMOTERS:

Indian

Bajaj Finserv Limited 111,524,660 74 111,524,660 74

Foreign

Allianz SE 39,184,340 26 39,184,340 26

TOTAL 150,709,000 100 150,709,000 100


Schedule - 6: Reserves and Surplus

Schedule - 7: Borrowings




Capital Reserve - -

Capital Redemption Reserve - -

Share Premium 10,599,550 10,599,550

Revaluation Reseve - -

General Reserve - -

Catastrophe Reserve - -

Other Reserve - -

Balance of Profit & Loss Account 23,499,431 10,387,412

Total 34,098,981 20,986,962


Debentures/Bonds - -

Banks - -

Financial Institutions - -

Others - -

Total - -

Annual Report 2011-2012

31

Bajaj Allianz Life Insurance Company Ltd. I Schedules forming part of financial statements for the year ended 31st March 2012

32

Schedule - 8:Investments - Shareholders’



LONG TERM INVESTMENTS

Government securities and Government guaranteed bonds including Treasury Bills (Refer Note 1 below) 15,446,018 8,658,947

Other Approved Securities

(a) Shares

(aa) Equity - -

(bb) Preference - -

(b) Mutual Funds - -

(c) Derivative Instruments - -

(d) Debentures / Bonds 4,531,553 3,741,944

(e) Other Securities

(aa) Fixed Deposit with banks 3,857,000 2,899,500

(f) Subsidiaries - -

(g) Investment Properties - Real Estate - -

Investments in Infrastructure & Social Sector 8,686,365 5,332,750

Other Investments 12,500 -

SHORT TERM INVESTMENTS

Government securities and Government guaranteed bonds including Treasury Bills 97,572 953,072


(a) Shares

(aa) Equity - -

(bb) Preference - -

(b) Mutual Funds - 18,305

(c) Derivative Instrument - -

(d) Debentures / Bonds 1,451,208 600,553


(aa) Fixed Deposit with banks 1,500,000 823,900



Investments in Infrastructure & Social Sector 423,338 491,849

Other Investments

-Bonds - -

-Mutual Funds - -

Total 36,005,554 23,520,820

INVESTMENTS

In India 36,005,554 23,520,820

Outside India - -

Total 36,005,554 23,520,820

Notes :

1. Includes Rs. 156,873 (Previous Year Rs. 157,007) deposited with Deutsche Bank AG, pursuant to Section 7 of the Insurance Act 1938 (Refer Schedule 16 Note 6)

2. Market Value of the above total investments of Rs. 3,60,05,554 (Previous Year Rs. 23,520,820) is Rs. 3,55,76,710 (Previous Year Rs. 23,293,413)

3. Historical cost of investment valued on fair value basis is Rs. Nil (Previous Year Rs. 18,300)


33

Schedule - 8A: Investments - Policyholders’

Particulars Current Year Participating Non Participating Linked


Individual Pension


Individual Health

Individual Annuity

Group Assurance


Individual Pension

Group


Government securities and Government guaranteed bonds including Treasury Bills

31,677,867 20,887,692 314,959 2,514,018 34,390 249,464 5,336,662 2,232,959 98,706 9,017


(a) Shares

(aa) Equity 111,441 111,441 - - - - - - - -

(bb) Preference - - - - - - - - - -

(b) Mutual funds - - - - - - - - - -

(c) Derivative Instruments - - - - - - - - - -

(d) Debentures / Bonds 5,560,694 1,952,696 10,000 707,655 - 644 2,152,207 693,792 37,500 6,200


(aa) Fixed Deposits with Banks

3,499,500 2,533,500 89,700 289,100 - 89,700 497,500 - - -

(f) Subsidiaries - - - - - - - - - -

(g) Investment Properties - Real Estate

- - - - - - - - - -

Investments in Infrastructure & Social Sector Bonds

10,592,499 4,354,013 82,281 1,102,453 - 103,477 3,847,879 1,083,826 16,973 1,597

Other investments

-Bonds 1,181,406 930,880 - 250,526 - - - - - -

-Equity 18,037 18,037 - - - - - - - -



1,358,682 - - - - - 358,570 1,000,112 - -


(a) Shares

(aa) Equity - - - - - - - - - -

(bb) Preference - - - - - - - - - -

(b) Mutual Funds - - - - - - - - - -


(d) Debentures / Bonds 3,939,012 2,201,550 20,788 405,189 148,514 49,121 322,290 761,620 29,940 -



- - - - - - - - - -

(f) Subsidiaries - - - - - - - - - -


- - - - - - - - - -


390,242 81,511 4,100 - - 350 143,982 160,299 - -

Other investments - - - - - - - - - -

Total 58,329,380 33,071,320 521,828 5,268,941 182,904 492,756 12,659,090 5,932,608 183,119 16,814

In India 58,329,380 33,071,320 521,828 5,268,941 182,904 492,756 12,659,090 5,932,608 183,119 16,814

Outside India - - - - - - - - - -

Total 58,329,380 33,071,320 521,828 5,268,941 182,904 492,756 12,659,090 5,932,608 183,119 16,814

Note:

1. Market Value of the above total investments of Rs. 5,83,29,380 (Previous year Rs. 40,937,239) is Rs. 5,76,68,283 (Previous year Rs. 40,866,509)

2. Historical cost of investment valued on fair value basis is Rs. 73,631 (Previous year Rs. 73,631)



Schedule - 8A: Investments - Policyholders’

Particulars Previous Year Participating Non Participating Linked


Individual Pension


Individual Health

Individual Annuity

Group Assurance


Individual Pension

Group



23,530,825 15,126,108 301,652 1,233,536 35,162 211,543 3,263,414 3,248,988 101,129 9,293


(a) Shares

(aa) Equity 87,952 87,952 - - - - - - - -

(bb) Preference - - - - - - - - - -

(b) Mutual funds - - - - - - - - - -


(d) Debentures / Bonds 4,671,637 1,452,223 10,000 259,895 - 643 1,688,201 1,187,071 67,404 6,200



2,516,500 1,840,500 79,700 239,100 - 59,700 297,500 - - -

(f) Subsidiaries - - - - - - - - - -


- - - - - - - - - -


5,391,910 2,159,811 68,411 399,056 - 17,821 1,492,837 1,253,974 - -

Other investments

-Bonds 535,260 433,469 - 101,791 - - - - - -

-Equity 23,223 23,223 - - - - - - - -



349,154 103,031 - - - - 124,663 121,460 - -


(a) Shares

(aa) Equity - - - - - - - - - -

(bb) Preference - - - - - - - - - -

(b) Mutual Funds - - - - - - - - - -


(d) Debentures / Bonds 2,340,442 709,180 193 314,030 128,265 17,547 706,838 384,035 77,356 2,998



462,000 300,000 4,000 - - - - 158,000 - -

(f) Subsidiaries - - - - - - - - - -


- - - - - - - - - -


1,028,336 160,201 - - - - 115,882 733,811 18,442 -

Other investments - - - - - - - - - -

Total 40,937,239 22,395,698 463,956 2,547,408 163,427 307,254 7,689,335 7,087,339 264,331 18,491

In India 40,937,239 22,395,698 463,956 2,547,408 163,427 307,254 7,689,335 7,087,339 264,331 18,491

Outside India - - - - - - - - - -

Total 40,937,239 22,395,698 463,956 2,547,408 163,427 307,254 7,689,335 7,087,339 264,331 18,491

Note:

1. Market Value of the above total investments of Rs..40,937,239 (Previous year Rs. 34,622,327) is Rs.40,866,509 (Previous year Rs. 35,049,983)

2. Historical cost of investment valued on fair value basis is Rs 73,631 (Previous year Rs. 73,631)


34



35

Schedule - 8B:Assets Held to Cover Linked Liabilities




Government securities and Government guaranteed bonds including Treasury Bills 4,214,236 2,004,131


(a) Shares

(aa) Equity 208,340,650 222,366,564

(bb) Preference - -


(c) Derivative Instruments - -



(aa) Fixed Deposit with Banks 5,883,200 7,117,500



Investments in Infrastructure and Social Sector 16,793,352 15,893,394

Other Investments 16,750,828 24,583,590


Government securities and Government guaranteed bonds including Treasury Bills 991,457 1,710,929


(a) Shares

(aa) Equity - -

(bb) Preference - -


(c) Derivative Instrument - -



(aa) Fixed Deposit with Banks 3,600,000 2,553,200

(bb) Collatereralised Borrowing and Lending Obligation 229,789 -



Investments in Infrastructure and Social Sector 2,296,635 2,773,264

Other Investments - 165,000

Net Current Assets 5,244,426 4,494,174

Total 299,838,261 328,841,705

INVESTMENTS

In India 299,838,261 328,841,705

Outside India - -

Total 299,838,261 328,841,705

(Refer Schedule 16 Note 24)Historical Cost of above investments is Rs. 277,000,156 ( Previous Year Rs. 285,074,847)


36

Schedule - 9: Loans



SECURITY-WISE CLASSIFICATION

Secured

(a) On mortgage of property

(aa) In India - -

(bb) Outside India - -

(b) On Shares, Bonds, Goverment Securities etc. - -

(c) Loan against policies 170,660 147,078

Total 170,660 147,078

BORROWER-WISE CLASSIFICATION

(a) Central and State Government - -

(b) Bank and Financial Institutions - -

(c) Subsidiaries - -

(d) Companies - -

(e) Loan against policies 170,660 147,078

Total 170,660 147,078

PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard :

(aa) In India 170,660 147,078

(bb) Outside India - -

Total 170,660 147,078



37

Sche

dule

- 10

:Fix

ed A

sset

s

Part

icul

ars

GRO

SS B

LOCK

DEP

RECI

ATI

ON

NET

BLO

CK

Ope

ning

Addi

tions

Ded

uctio

nsCl

osin

gU

pto

last

Yea

rFo

r the

Yea

rO

n Sa

les/

Adju

stm

ents

To d

ate

Cur

rent

Yea

r P

revi

ous Y

ear

Inta

ngib

le -C

ompu

ter S

oftw

are

79,

731

24,

178

- 1

03,9

09

69,

343

9,8

28

- 7

9,17

1 2

4,73

8 1

0,38

8

Leas

ehol

d Im

prov

emen

ts 5

89,1

11

7,8

17

22,

799

574

,129

5

35,9

49

39,

786

22,

663

553

,072

2

1,05

7 5

3,16

2

Build

ings

(Ref

er n

ote

2 be

low

) 1

,083

,028

7

67,2

36

- 1

,850

,264

5

1,79

2 3

0,72

4 -

82,

516

1,7

67,7

48

1,0

31,2

36

Elec

tric

al F

ittin

gs 1

1,01

7 1

0,97

9 -

21,

996

3,1

06

1,4

09

- 4

,515

1

7,48

1 7

,911

Furn

iture

& F

ittin

gs 1

58,8

29

52,

179

1,5

38

209

,470

6

7,96

6 1

4,76

8 4

77

82,

257

127

,213

9

0,86

3

Info

rmat

ion

Tech

nolo

gy E

quip

men

t 1

,435

,528

8

4,50

0 6

,954

1

,513

,074

1

,221

,683

1

69,5

04

6,9

09

1,3

84,2

78

128

,796

2

13,8

45

Air C

ondi

tione

r 1

62,3

09

10,

952

6,5

17

166

,744

6

9,98

2 1

6,26

9 2

,373

8

3,87

8 8

2,86

6 9

2,32

7

Vehi

cles

18,

691

4,6

80

5,6

19

17,

752

5,4

13

4,0

56

3,7

67

5,7

02

12,

050

13,

278

Offi

ce E

quip

men

t 1

89,3

21

8,7

83

1,6

64

196

,440

1

42,6

38

25,

476

1,2

79

166

,835

2

9,60

5 4

6,68

3

Tota

l 3

,727

,565

9

71,3

04

45,

091

4,6

53,7

78

2,1

67,8

72

311

,820

3

7,46

8 2

,442

,224

2

,211

,554

1

,559

,693

Prev

ious

Yea

r 3

,244

,726

5

10,9

66

28,

127

3,7

27,5

65

1,7

32,1

78

457

,220

2

1,52

6 2

,167

,872

1

,559

,693

-

Not

e :

1. R

efer

Not

e no

1 (h

) of S

ched

ule

16.

2. G

ross

Blo

ck o

f bui

ldin

gs in

clud

es sh

are

of u

ndiv

ided

por

tion

of la

nd a

t an

estim

ated

cos

t of R

s. 1

9,03

9 (P

revi

ous Y

ear R

s. 1

9,03

9).

(Am

ount

in R

s. ‘0

00)


38

Schedule - 11: Cash and Bank Balances



1. Cash (including cheques, drafts and stamps) 3,071,232 2,567,288

2. Bank Balances

(a) Deposit Accounts

(aa) Short-term (due within 12 months of the date of Balance Sheet ) 107,000 -

(bb) Others 271 97,278

(b) Current Accounts 1,203,893 1,720,532

(c) Others - -

3. Money at Call and Short Notice

(a) With Banks - -

(b) With Other Institutions - -

4 .Others - -

Total 4,382,396 4,385,098

Balances with non-scheduled banks included in 2 and 3 above

Cash and Bank Balances

1. In India 4,382,396 4,385,098

2. Outside India - -

Total 4,382,396 4,385,098



39

Schedule - 12: Advances and Other Assets



ADVANCES

Reserve deposits with ceding companies - -

Application money for investments - -

Prepayments 121,715 88,572

Advances to Directors/Officers - -

Advance Tax paid and taxes deducted at source - -

Others :

Advances to Suppliers 198,064 238,765

Other Advances 1,867 1,444

Total (A) 321,646 328,781

OTHER ASSETS

Income accrued on investments 2,948,284 1,569,322

Outstanding Premiums 1,659,867 1,084,390

Agents' Balances - -

Foreign Agencies Balance - -

Due from other entities carrying on insurance business (Including amount due from Reinsurers) 56,459 22,069

Due from subsidiaries/holding company - -

Deposit with Reserve Bank of India [pursuant to section 7 of Insurance Act,1938] - -

Deposits 231,824 239,682

Others :

Unsettled Investment contract receivable - 495,360

Others 146,512 92,853

Total (B) 5,042,946 3,503,676

Total (A+B) 5,364,592 3,832,457


40

Schedule - 13: Current Liabilities

Schedule - 14: Provisions

Schedule - 15: Miscellaneous Expenditure (To the extent not written-off or adjusted)





Agents' Balances 2,795,362 3,414,331

Balances due to other insurance companies 27,404 65,731

Deposits held on reinsurance ceded - -

Premium received in advance 220,670 174,249

Premium & Other Deposits 728,867 1,097,160

Sundry Creditors 3,604,724 3,282,332

Due to Subsidaries/holding company - -

Claims Outstanding 632,591 464,758

Annuities Due - -

Due to Officers/Directors of the Company - -

Unclaimed Amount-Policyholders [Refer Schedule 16 Note 9 (b)] 1,681,654 1,001,337

Others :

Payable - unsettled investment contracts 491,120 -

Temporary Overdraft as per the books of accounts 472,462 1,017

Total 10,654,854 9,500,915


Discount allowed on issue of shares/debentures - -

Others - -

Total - -

Particulars Current Year Current Year Previous Year Previous Year

For Taxation (Less Payments and Taxes deducted at Sources)

Wealth Tax 120 115

Income Tax 1,052,214 1,052,334 585,443 585,558

For Proposed dividends - -

For dividend distribution tax - -

Others:

For Leave Encashment 243,762 272,601

For Long Term Incentive Plan 72,731 316,493 210,030 482,631

Total 1,368,827 1,068,189



41

Particulars Schedule Linked Life Linked Pension Linked Group Current Year

Non-Unit (1)

Unit (2)

Total(3) =

(1) + (2)

Non-Unit (4)

Unit (5) Total(6) =

(4) + (5)

Non-Unit (7)

Unit (8)

Total(9) =

(7) + (8)(10) = (3)

+ (6) + (9)

PREMIUMS EARNED – NET

(A) Premium UL1 1,176,800 35,890,514 37,067,314 (4,434) 2,869,243 2,864,809 200,156 2,801,792 3,001,948 42,934,071

(B) Reinsurance ceded(Refer Schedule 16 Note 16)

(180,297) - (180,297) (751) - (751) (2,320) - (2,320) (183,368)

SUB-TOTAL 996,503 35,890,514 36,887,017 (5,185) 2,869,243 2,864,058 197,836 2,801,792 2,999,628 42,750,703


(a) Interest, dividend & rent - gross

504,302 6,287,820 6,792,122 19,381 478,976 498,357 1,575 365,297 366,872 7,657,351

(b) Profit on sale/redemption of investments

144 13,466,798 13,466,942 - 769,654 769,654 - 225,865 225,865 14,462,461

(c) Loss on sale/redemption of investments

(2,722) (6,238,549) (6,241,271) (308) (524,958) (525,266) - (199,786) (199,786) (6,966,323)

(d) Unrealised gain/(loss) - (19,652,057) (19,652,057) - (1,003,974) (1,003,974) - (272,722) (272,722) (20,928,753)

(e) Other investment income - 1,751,592 1,751,592 - 121,334 121,334 - 109,859 109,859 1,982,785

501,724 (4,384,396) (3,882,672) 19,073 (158,968) (139,895) 1,575 228,513 230,088 (3,792,479)

OTHER INCOME:

(a) Linked income 14,562,584 (14,562,584) - 379,102 (379,102) - 207,839 (207,839) - -

(b) Contribution from Shareholders' account(Refer Schedule 16 Note 15)

- - - - - - - - - -

(c) Others 9,998 - 9,998 500 - 500 6,816 - 6,816 17,314

Total (A) 16,070,809 16,943,534 33,014,343 393,490 2,331,173 2,724,663 414,066 2,822,466 3,236,532 38,975,538

COMMISSION 266,902 - 266,902 22,090 - 22,090 56,036 - 56,036 345,028

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

5,883,807 1,580,055 7,463,862 553,127 48,253 601,380 243,617 42,803 286,420 8,351,662

Provision for Income Tax 1,691,740 - 1,691,740 - - - 11,952 - 11,952 1,703,692

TOTAL (B) UL2 7,842,449 1,580,055 9,422,504 575,217 48,253 623,470 311,605 42,803 354,408 10,400,382

BENEFITS PAID (NET) 635,008 42,259,306 42,894,314 (231,094) 3,511,843 3,280,749 29,582 3,658,357 3,687,939 49,863,002

Interim Bonus Paid - - - - - - -

Change In Valuation of Liability In Respect Of Life Policies(Refer Schedule 16 Note 1(e) and note 8 and note 26)

(1,188,776) - (1,188,776) (142,129) - (142,129) (3,580) - (3,580) (1,334,485)

Change In Valuation Liability(Refer Schedule 16 Note 1(e) and note 8)

- (26,895,827) (26,895,827) - (1,228,923) (1,228,923) - (878,694) (878,694) (29,003,444)

TOTAL (C) (553,768) 15,363,479 14,809,711 (373,223) 2,282,920 1,909,697 26,002 2,779,663 2,805,665 19,525,073

Surplus / (Deficit) (D) = (A)-(B)-(C)

8,782,128 - 8,782,128 191,496 - 191,496 76,459 - 76,459 9,050,083

Balance of previous year (E) - - - - - - - - - -

APPROPRIATIONS

Reserve for lapsed unit linked policies unlikely to be revived (E)

897,353 - 897,353 - - - - - 897,353

Transfer To Shareholders' a/c (9,679,481) - (9,679,481) (191,496) - (191,496) (76,459) - (76,459) (9,947,436)

Balance being funds for future appropriations (D) - (E)

- - - - - - - - - -

Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012Form A- PL

Policyholders’ Account (Technical Account)(Amount in Rs. ‘000)

Bajaj Allianz Life Insurance Company Ltd. I Revenue Account for the year ended 31st March 2012

Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012 Form A- PL

Policyholders’ Account (Technical Account)

Particulars Schedule Linked Life Linked Pension Linked Group Previous Year

Non-Unit (1)

Non-Unit (2)

Total(3) =

(1) + (2)

Non-Unit (4)

Non-Unit (5)

Total(6) =

(4) + (5)

Non-Unit (7)

Non-Unit (8)

Total(9) =

(7) + (8)(10) = (3)

+ (6) + (9)

PREMIUMS EARNED – NET

(A) Premium UL1 1,119,225 62,666,935 63,786,160 208,591 5,068,510 5,277,101 800,913 4,002,359 4,803,272 73,866,533

(B) Reinsurance ceded(Refer Schedule 16 Note 16)

(151,083) - (151,083) (603) - (603) (1,275) - (1,275) (152,961)

SUB-TOTAL 968,142 62,666,935 63,635,077 207,988 5,068,510 5,276,498 799,638 4,002,359 4,801,997 73,713,572


(a) Interest, dividend & rent - gross

741,426 5,704,367 6,445,793 35,589 378,666 414,255 2,538 333,698 336,236 7,196,284

(b) Profit on sale/redemption of investments

52,093 30,297,790 30,349,883 1,049 1,631,295 1,632,344 115 194,182 194,297 32,176,524

(c) Loss on sale/redemption of investments

(22,236) (3,388,067) (3,410,303) (3) (260,351) (260,354) (15) (126,851) (126,866) (3,797,523)

(d) Unrealised gain/(loss) - (1,712,363) (1,712,363) - 191,737 191,737 - 115,361 115,361 (1,405,265)

(e) Other investment income - 2,528,991 2,528,991 - 152,722 152,722 - 68,835 68,835 2,750,548

771,283 33,430,718 34,202,001 36,635 2,094,069 2,130,704 2,638 585,225 587,863 36,920,568

OTHER INCOME:

(a) Linked income UL2 15,888,187 (15,888,187) - 391,553 (391,553) - 99,391 (99,391) - -

(b) Contribution from Shareholders' account(Refer Schedule 16 Note 15)

- - - 304,846 - 304,846 - - - 304,846

(c) Others 11,083 - 11,083 4,617 - 4,617 1,166 - 1,166 16,866

Total (A) 17,638,695 80,209,466 97,848,161 945,639 6,771,026 7,716,665 902,833 4,488,193 5,391,026 110,955,852

COMMISSION 2,548,714 - 2,548,714 167,465 - 167,465 128,790 - 128,790 2,844,969

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

8,149,321 1,144,687 9,294,008 1,003,138 39,304 1,042,442 613,608 12,955 626,563 10,963,013

Provision for Income Tax 1,741,671 - 1,741,671 - - - 21,551 - 21,551 1,763,222

TOTAL (B) 12,439,706 1,144,687 13,584,393 1,170,603 39,304 1,209,907 763,949 12,955 776,904 15,571,204

BENEFITS PAID (NET) 1,077,429 42,596,448 43,673,877 (47,031) 2,252,141 2,205,110 - 727,599 727,599 46,606,586

Interim Bonus Paid - - - - - - -

Change In Valuation of Liability In Respect Of Life Policies(Refer Schedule 16 Note 1(e) and note 8 and note 26)

(3,143,749) - (3,143,749) (177,933) - (177,933) 5,648 - 5,648 (3,316,034)

Change In Valuation Liability(Refer Schedule 16 Note 1(e) and note 8)

- 36,468,331 36,468,331 - 4,479,581 4,479,581 - 3,747,639 3,747,639 44,695,551

TOTAL (C) (2,066,320) 79,064,779 76,998,459 (224,964) 6,731,722 6,506,758 5,648 4,475,238 4,480,886 87,986,103

Surplus / (Deficit) (D) = (A)-(B)-(C)

7,265,309 - 7,265,309 - - - 133,236 - 133,236 7,398,545

Balance of previous year (E) - - - - - - - - - -

APPROPRIATIONS

Reserve for lapsed unit linked policies unlikely to be revived (E)

1,105,581 - 1,105,581 - - - - - - 1,105,581

Transfer To Shareholders' a/c (8,370,890) - (8,370,890) - - - (133,236) - (133,236) (8,504,126)

Balance being funds for future appropriations (D) - (E)

- - - - - - - - - -

42




43

Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012

Form A- BS

Schedule - UL1: Linked Income (recovered from linked funds) (net of service tax)

Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2012

Form A- BS

Schedule - UL1: Linked Income (recovered from linked funds) (net of service tax)



ParticularsLife Linked Unit

(1)Pension Linked Unit

(2)Linked Group Unit

(3)Current Year

(4)= (1)+(2)+(3)

Fund Administration charge 176,431 - - 176,431

Fund Management charge 3,946,429 227,066 93,106 4,266,601

Policy Administration charge 7,123,556 136,860 17,669 7,278,085

Surrender charge - - - -

Switching charge 2,019 337 - 2,356

Mortality charge 2,885,170 13,827 96,127 2,995,124

Rider Premium charge 428,979 1,012 937 430,928

Partial withdrawal charge - - - -

Miscellaneous charge - - - -

TOTAL (UL-1) 14,562,584 379,102 207,839 15,149,525

ParticularsLife Linked Unit

(1)Pension Linked Unit

(2)Linked Group Unit

(3)Previous Year

(4)= (1)+(2)+(3)

Fund Administration charges 219,430 - - 219,430

Fund Management charge 4,122,023 220,741 65,138 4,407,902

Policy Administration charge 7,947,302 154,417 6,172 8,107,891

Surrender charge - - - -

Switching charge 2,407 1,223 - 3,630

Mortality charge 3,112,494 14,032 27,522 3,154,048

Rider Premium charge 484,531 1,140 559 486,230

Partial withdrawal charge - - - -

Miscellaneous charge - - - -

TOTAL (UL-1) 15,888,187 391,553 99,391 16,379,131


44

Ann

exur

e to

Rev

enue

Acc

ount

-Bre

ak U

p of

Uni

t Lin

ked

Busi

ness

(UL)

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Sche

dule

- U

L2: B

ENEF

ITS

PAID

(ne

t)

Sl. N

o.Pa

rtic

ular

s L

inke

d Li

fe

Lin

ked

Pens

ion

Lin

ked

Gro

up

Curr

ent Y

ear

Non

-Uni

t (1

) U

nit

(2)

Tota

l(3

)=(1

) + (2

) N

on-U

nit

(4)

Uni

t (5

)To

tal

(6)=

(4) +

(5)

Non

-Uni

t (7

)U

nit

(8)

Tota

l (9

) = (7

) + (8

)(1

0) =

(3)+

(6) +

(9)

1In

sura

nce

Clai

ms

(a)

Clai

ms b

y D

eath

2

,057

,194

5

86,3

07

2,6

43,5

01

16,

032

70,

677

86,

709

40,

864

4,9

19

45,

783

2,7

75,9

93

(b)

Clai

ms b

y M

atur

ity -

662

,406

6

62,4

06

- 3

18,4

07

318

,407

-

105

1

05

980

,918

(c)

Annu

ities

/ Pe

nsio

n pa

ymen

t -

- -

- -

- -

- -

-

(d)

Oth

er b

enef

its

- S

urre

nder

(*)

(1,3

58,6

33)

41,

010,

593

39,

651,

960

(247

,126

) 3

,122

,759

2

,875

,633

(9

,969

) 3

,653

,333

3

,643

,364

4

6,17

0,95

7

- S

urvi

val

-

Sub

Tota

l (A

) 6

98,5

61

42,

259,

306

42,

957,

867

(23

1,09

4) 3

,511

,843

3

,280

,749

3

0,89

5 3

,658

,357

3

,689

,252

4

9,92

7,86

8

2Am

ount

ced

ed in

rein

sura

nce

(a)

Clai

ms b

y D

eath

(6

3,55

3) -

(63,

553)

- -

- (5

63)

- (5

63)

(64

,116

)

(b)

Clai

ms b

y M

atur

ity -

- -

- -

- -

- -

-

(c)

Annu

ities

/ Pe

nsio

n pa

ymen

t -

- -

- -

- -

- -

-

(d)

Oth

er b

enef

its

- S

urre

nder

- -

- -

- -

(750

) -

(750

) (

750)

- S

urvi

val

-

Sub

Tota

l (B)

(63

,553

) -

(63

,553

) -

- -

(1,

313)

- (

1,31

3) (

64,8

66)

635

,008

4

2,25

9,30

6 4

2,89

4,31

4 (2

31,0

94)

3,5

11,8

43

3,2

80,7

49

29,

582

3,6

58,3

57

3,6

87,9

39

49,

863,

002

Bene

fits p

aid

to c

laim

ants

:

In In

dia

635

,008

4

2,25

9,30

6 4

2,89

4,31

4 (2

31,0

94)

3,5

11,8

43

3,2

80,7

49

29,

582

3,6

58,3

57

3,6

87,9

39

49,

863,

002

Out

side

Indi

a -

- -

- -

- -

- -

-

TOTA

L (U

L2)

635

,008

4

2,25

9,30

6 4

2,89

4,31

4 (

231,

094)

3,5

11,8

43

3,2

80,7

49

29,

582

3,6

58,3

57

3,6

87,9

39

49,

863,

002

* Sur

rend

ers a

re n

et o

f sur

rend

er c

harg

es o

f Rs.

4,9

32,4

45

(Am

ount

in R

s. ‘0

00)



45

Ann

exur

e to

Rev

enue

Acc

ount

-Bre

ak U

p of

Uni

t Lin

ked

Busi

ness

(UL)

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Sche

dule

- U

L2: B

ENEF

ITS

PAID

(ne

t)

Sl. N

o.Pa

rtic

ular

s L

inke

d Li

fe

Lin

ked

Pens

ion

Lin

ked

Gro

up

Prev

ious

Yea

r

Non

-Uni

t (1

) N

on-U

nit

(2)

Tota

l(3

)=(1

) +

(2)

Non

-Uni

t (4

)N

on-U

nit

(5)

Tota

l (6

)=(4

) +

(5)

Non

-Uni

t (7

) N

on-U

nit

(8)

Tota

l (9

) =

(7)

+ (

8)(1

0) =

(3)

+ (

6) +

(9)

1In

sura

nce

Clai

ms

(a)

Clai

ms b

y D

eath

2

,155

,393

6

23,2

02

2,7

78,5

95

4,9

82

83,

609

88,

591

- -

- 2

,867

,186

(b)

Clai

ms b

y M

atur

ity 1

1 6

66

677

5

,608

4

5,49

9 5

1,10

7 -

- -

51,

784

(c)

Annu

ities

/ Pe

nsio

n pa

ymen

t -

- -

- -

- -

- -

-

(d)

Oth

er b

enef

its

- S

urre

nder

(*)

(1,0

30,2

79)

41,

972,

580

40,

942,

301

(57,

621)

2,1

23,0

33

2,0

65,4

12

- 7

27,5

99

727

,599

4

3,73

5,31

2

- S

urvi

val

-

Sub

Tota

l (A)

1,1

25,1

25

42,

596,

448

43,

721,

573

(47,

031)

2,2

52,1

41

2,2

05,1

10

- 7

27,5

99

727

,599

4

6,65

4,28

2

2Am

ount

ced

ed in

rein

sura

nce

(a)

Clai

ms b

y D

eath

(4

7,69

4) -

(47,

694)

- -

- -

- -

(47,

694)

(b)

Clai

ms b

y M

atur

ity -

- -

- -

- -

- -

-

(c)

Annu

ities

/ Pe

nsio

n pa

ymen

t -

- -

- -

- -

- -

-

(d)

Oth

er b

enef

its -

-

- S

urre

nder

(2)

- (2

) -

- -

- -

- (2

)

- S

urvi

val

-

Sub

Tota

l (B)

(47,

696)

- (4

7,69

6) -

- -

- -

- (4

7,69

6)

TOTA

L (A

) - (B

) 1

,077

,429

4

2,59

6,44

8 4

3,67

3,87

7 (4

7,03

1) 2

,252

,141

2

,205

,110

-

727

,599

7

27,5

99

46,

606,

586

Bene

fits p

aid

to c

laim

ants

:

In In

dia

1,0

77,4

29

42,

596,

448

43,

673,

877

(47,

031)

2,2

52,1

41

2,2

05,1

10

- 7

27,5

99

727

,599

4

6,60

6,58

6

Out

side

Indi

a -

- -

- -

- -

- -

-

TOTA

L (U

L2)

1,0

77,4

29

42,

596,

448

43,

673,

877

(47,

031)

2,2

52,1

41

2,2

05,1

10

- 7

27,5

99

727

,599

4

6,60

6,58

6

* Sur

rend

ers a

re n

et o

f sur

rend

er c

harg

es o

f Rs.

2,5

67,2

76

(Am

ount

in R

s. ‘0

00)


Schedule - 16 : Notes to financial statements

46

Background

Bajaj Allianz Life Insurance Company Limited (“the Company”) was

incorporated on 12th March 2001 as a Company under the Companies

Act, 1956. The Company obtained a license from the Insurance

Regulatory and Development Authority (“IRDA”) for carrying on

the business of life insurance on 3rd August 2001. The registration

certificate granted by IRDA is valid and the same has been renewed

for the year 2012-2013. The Company has a wide range of products in traditional and unit-linked insurance business.

1. Significant Accounting Policies followed by the Company

Basis of Preparation

The accompanying financial statements have been prepared and

presented under the historical cost convention, on the accrual basis

of accounting, in compliance with the accounting standards (‘AS’)

prescribed in the Companies Act 1956 and Rules thereunder, to

the extent applicable, and in accordance with the provisions of the

Insurance Act, 1938, the Insurance Regulatory and Development

Authority (Preparation of Financial Statements and Auditor’s Report

of Insurance Companies) Regulations, 2002 (‘the Regulations’),

Insurance Regulatory and Development Authority Act, 1999, various

circulars issued by IRDA and the practices prevailing in the insurance

industry in India. The accounting policies have been consistently

applied by the Company.

Use of Estimates

The preparation of financial statements in conformity with generally

accepted accounting principles requires management to make

estimates and assumptions that affect the reported amounts of

assets, liabilities, revenue and expenses and disclosure of contingent

liabilities as on the date of financial statements. The estimates and

assumptions used in the accompanying financial statements are

based upon management’s evaluation of the relevant facts and

circumstances as of the date of the financial statements. Actual

results could differ from those estimates. Any revision to accounting

estimates is recognized prospectively in current and future periods.

a) Revenue Recognition

Revenues are recognised as under. However recognition is postponed

where ultimate collectibility lacks reasonable certainty.

Premium Income

Premium is recognised as income when due. For linked business,

premium is recognized when the associated units are allotted.

Premium on lapsed policies is recognized as income when such

policies are reinstated.

In case of linked business, top up premiums paid by policyholders

are unitized and considered as single premium. This premium is

recognised when associated units are allotted.

Commission received on reinsurance ceded is recognized as income

in the period in which reinsurance premium is ceded.

Income earned on investments

Interest income is recognised on an accrual basis.

Dividend income is recognized when the right to receive dividend is

established.

Premium or discount on acquisition, as the case may be, in respect

of debt securities, pertaining to non-linked investments is amortized

over the period of maturity/holding and offset against interest

income.

Profit/loss on sale/redemption of securities other than linked

investments is recognized on trade/redemption date and includes

effects of accumulated fair value changes, as applicable and previously

recognised, for specific investments sold/redeemed during the year.

Cost of security is determined on weighted average cost basis.

The realized gains or losses on the debt securities for other than

linked business is the difference between the net sale consideration

and the amortized cost computed on weighted average basis as on

the date of sale.

The realized gains or loss on equity shares and mutual fund units

for other than linked business is the difference between the net sale

consideration and the weighted average cost in the books of the

Company.

The realized gain or loss on securities held for linked business is the

difference between the net sale consideration and the weighted

average cost as on the date of sale.

Fund Management Charges, Policy/Fund Administration Charges and

Cost of Insurance are accounted for on accrual basis in accordance

with terms and conditions described in the issued policies.

b) Reinsurance premium

Reinsurance premium ceded is accounted in accordance with the

treaty with reinsurers.

c) Benefits Paid (Including Claims)

Death and surrender claims are accounted for on receipt of intimation.

Maturity claims are accounted when due for payment. Reinsurance

recoveries are accounted for in the same period as the related claims

and netted off against the claim expense incurred.



47

Repudiated claims disputed before judicial authorities are provided

for based on the best judgment of the management considering the

facts and evidence in respect of each such claim.

Withdrawals under unit linked policies are accounted in respective

schemes when the associated units are cancelled.

Surrender charges recovered are netted off against the claim expense

incurred.

d) Acquisition Costs

Acquisition costs such as commission, policy issue expenses etc. are

costs that vary with and are primarily relatable to the acquisition of

new and renewal insurance contracts. Such costs are expensed in

the year in which they are incurred. Additional first year commission

is accounted for on an accrual basis, after considering estimated

lapsations. Claw back in future, if any, for the first year commission

paid, is accounted for in the year in which it is recovered.

e) Liability for life policies

(i) The Company provides for liabilities in respect of all “in force”

policies and “lapsed policies” that are likely to be revived in future,

based on actuarial valuation done by the Appointed Actuary as per

gross premium method in accordance with accepted actuarial

practices, requirements of IRDA and the Institute of Actuaries of

India.

(ii) Accordingly, liabilities in respect of unit linked policies which

have lapsed and are not likely to be revived, are shown as a separate

item under the head “funds for future appropriations”, until expiry of

the revival period. This is as per IRDA Circular No. 041/IRDA/ACTL/

MAR-2006 dated 29th March 2006.

(iii) Linked liabilities comprise unit liability representing the fund

value of policies and non-unit liability for meeting insurance claims

and expenses etc. This is based on an actuarial valuation carried out

by the Appointed Actuary.

Actuarial policies and assumptions are given in Note 8 below.

f) Investments

Investments are made in accordance with the Insurance Act, 1938,

the Insurance Regulatory and Development Authority (Investment)

Regulations, 2000, as amended and circulars / notifications issued by

IRDA from time to time.

Investments are recorded on trade date at cost, which includes

brokerage, fees and related taxes, if any and excludes pre-acquisition

interest, if any.

i) Classification

Investments maturing within twelve months from the Balance Sheet

date and investments made with the specific intention to dispose of

within twelve months from Balance Sheet date are classified as short-

term investments. Investments other than short term are classified

as long-term investments.

Investments are specifically procured and held for policyholders

and shareholders independently and the income relating to these

investments is recognized in the Revenue Account and Profit and

Loss Account respectively.

ii) Valuation – Shareholders’ investments and non-linked

policyholders’ investments

All debt securities are considered as ‘held to maturity’ and accordingly

stated at historical cost adjusted for amortization of premium

or accretion of discount over the period held to maturity / sale.

Investment in security receipts and loans are valued at cost.

Listed equity shares and mutual fund units are stated at fair value,

in accordance with IRDA Investment (Amendment) Regulations

2001. Fair value for listed equity shares is the lower of the last quoted

closing price on the National Stock Exchange (NSE) and Bombay Stock

Exchange (BSE). Fair value for mutual fund units is the per unit net

asset value on the Balance Sheet date declared by respective Mutual

Fund. Unrealized gains/losses on changes in fair values of listed

equity shares and mutual funds are taken to the Fair Value Change

Account and carried forward in the Balance Sheet.

iii) Valuation – linked business

Listed equity shares are valued at fair value, being the last quoted

closing price on the NSE. In case the equity shares are not listed on

the NSE, then they are valued on the last quoted closing price on BSE.

Unlisted shares are stated at historical cost subject to provision for

diminution, if any, in the value of such investment.

Investments in security receipts, loans and Venture Capital funds are

valued at cost.

Government securities are valued at prices obtained from Credit

Rating Information Services of India Ltd. (CRISIL).

Corporate bonds and debentures are valued on the basis of CRISIL

Bond Valuer.

Treasury bills, Certificate of Deposits and Commercial Papers are

valued at cost plus accretion using the Straight Line method.

Mutual fund units have been valued at the last available per unit Net

Asset Value declared by the respective mutual fund.


48

iv) Valuation – Discontinued Fund

Listed equity shares are valued at fair value, being the last quoted

closing price on the NSE. In case the equity shares are not listed on

the NSE, then they are valued on the last quoted closing price on BSE.

Unlisted shares are stated at historical cost subject to provision for

diminution, if any, in the value of such investment.

Government securities are valued at prices obtained from Credit

Rating Information Services of India Ltd. (CRISIL).

Corporate bonds and debentures are valued on the basis of CRISIL

Bond Valuer.

Treasury bills, Certificate of Deposits and Commercial Papers are

valued at cost plus accretion using the Straight Line method.

Mutual fund units have been valued at the last available per unit Net

Asset Value declared by the respective mutual fund.

v) Transfer of investments

Transfer of investments from Shareholders’ Fund to the Policyholders’

Fund is at book value or market price; whichever is lower.

Transfer of debt securities is at lower of amortised cost or market

price.

Inter fund transfer of Treasury Bills, Certificate of Deposits and

Commercial Papers between unit linked funds is done at cost plus

accretion. Inter fund transfer of loans is done at cost. All other transfer

of investments between unit linked funds is done at market price.

g) Loans

Loans are stated at historical cost, net of provision for impairment,

if any.

h) Fixed Assets and Depreciation

Fixed assets are stated at cost of acquisition less accumulated

depreciation. Cost of acquisition includes incidental expenses relating

to acquisition and installation. In respect of liabilities incurred in

acquisition of fixed assets in foreign exchange, the net gain or loss

arising on conversion/settlement is charged to Revenue Account.

Intangible assets comprising software are stated at cost less

amortization.

Depreciation / amortisation is provided on Straight Line Method (SLM)

with reference to the management’s assessment of the estimated

useful life of the assets or the rates specified by the Schedule XIV of

the Companies Act, 1956, whichever is higher.

Depreciation / amortisation is provided at the following rates:

Asset Class Rate of Depreciation / amortization (SLM)

Rate of Depreciation as per Sch. XIV (SLM)

Intangibles - Computer Software

33.33% p.a. 16.21% p.a.

Leasehold Improvements Over the balance period of Lease

Over the balance period of Lease

Buildings 2.00% p.a. 1.63% p.a.

Electrical Fittings 6.33% p.a. 4.75% p.a.

Furniture & Fittings 6.33% p.a. 6.33% p.a.

Information Technology Equipment

33.33% p.a. 16.21% p.a.

Air Conditioner 10.00% p.a. 4.75% p.a.

Vehicles 20.00% p.a. 7.07% p.a.

Office Equipment 25.00% p.a. 4.75% p.a.

The Company provides pro rata depreciation from the month in

which the asset is acquired / first put to use and upto the month in

which the asset is sold/discarded.

Assets costing individually less than Rs 5,000 are charged off as

revenue expenses. Assets costing Rs 5,000 and above, upto Rs

20,000, are fully depreciated in the year of acquisition.

Impairment of Assets

The Company assesses at each Balance Sheet date whether there is

any indication that an asset may be impaired. If any such indication

exists, the Company estimates the recoverable amount of the asset.

An impairment loss is recognized if such recoverable amount of the

asset is less than its carrying amount. After impairment, depreciation

is provided on the revised carrying amount of the assets over its

remaining useful life.

i) Accounting for leases

Operating leases

Leases where the lessor effectively retains substantially all the

risks and benefits of ownership over the leased term are classified

as operating leases. Operating lease rentals are recognized as an

expense in the profit and loss account/revenue account on a straight-

line basis over the lease term.

j) Employee Benefits

The Company makes contributions to the defined contribution

schemes such as Statutory Provident Fund, Employee Labour Welfare

Fund, Employees’ State Insurance Corporation and Employee Deposit

Link Insurance Scheme at the prescribed rates. Contributions are

charged to the Revenue Account of the year when the contributions

to the funds are due.



49

The Company makes a contribution to the Bajaj Auto Employee

Superannuation Scheme, a defined contribution scheme, for its

eligible employees at fixed rates.

The Company’s liability towards Gratuity, Leave Encashment and

Long Term Incentive Plan being defined benefit plans is accounted

for on the basis of independent actuarial valuations carried out at the

year end and actuarial gains / losses related there to are charged to

the Revenue Account. The actuarial method used for measuring the

aforesaid liabilities is ‘Projected Unit Credit Method’.

k) Transactions in Foreign Currency

Transactions in foreign currency on account of revenue expenditure

are accounted for at the rate prevailing at the date of the transactions.

Current assets and liabilities are translated at the year-end closing

rates. The resulting exchange gain or loss, if any, is reflected in the

Profit and Loss account / Revenue account.

l) Taxation

Income Tax expense comprises current tax (i.e. amount of tax for

the period determined in accordance with the income-tax law) and

deferred tax charge or credit (reflecting the tax effects of timing

differences between the accounting income and taxable income for

the period).

Deferred tax is measured based on the tax rates and the tax laws

enacted or substantively enacted at the Balance Sheet date. Deferred

tax assets are recognised only to the extent that there is reasonable

certainty that sufficient future taxable income will be available

against which such deferred tax assets can be realised. In situations

where the Company has unabsorbed depreciation or carry forward

tax losses, deferred tax assets are recognised only if there is virtual

certainty supported by convincing evidence that they can be realised

against future taxable profits.

At each Balance Sheet date the Company re-assesses unrecognised

deferred tax assets. It recognises unrecognised deferred tax assets to

the extent that it has become reasonably certain or virtually certain, as

the case may be that sufficient future taxable income will be available

against which such deferred tax assets can be realised.

m) Provisions and Contingent liabilities

The Company creates a provision when there is present obligation as

a result of a past event that probably requires an outflow of resources

and a reliable estimate can be made of the amount of the obligation.

A disclosure for a contingent liability is made when there is a possible

obligation or a present obligation that may, but probably will not,

require an outflow of resources. When there is a possible obligation

or a present obligation in respect of which the likelihood of outflow of

resources is remote, no provision or disclosure is made.

n) Service Tax

Service Tax liability on premium and charges is setoff against available

service tax credits from service tax payments made for Insurance

Auxiliary and other eligible services. Unutilised credits, if any, are

carried forward under “Advances and other Assets” for adjustments

/ setoff in subsequent periods, after creating a provision based on

estimated realization of the unutilised credit. Such provisions are

subsequently reversed only on reasonable certainty that the credits

will be utilized in future periods.

o) Earnings per share

Basic earnings per share is calculated by dividing the net profit or

loss for the year attributed to equity shareholders by the weighted

number of equity shares outstanding during the year.

For the purpose of calculating diluted earnings per share, the net

profit or loss for the year attributable to equity shareholders and the

equity weighted number of shares outstanding during the year are

adjusted for effects of all dilutive equity shares.

p) Segment Reporting

The Company’s reportable segments are business segments which

have been identified in accordance with the regulations. The

operating expenses, investments and other income attributable

to the business segments are allocated as mentioned in Note 10.

Segment revenues and results have been disclosed in the Financial

Statements itself. Segment assets and liabilities have been identified

to the extent possible in the following table. There are no reportable

geographical segments since the Company provides services to

customers in the Indian market only and does not distinguish any

reportable regions within India.


50

Statutory disclosures as required by the Regulations2. (i) Contingent Liabilities

(Rs.’000)

Particulars As at 31 March 2012 As at 31 March 2011

Partly-paid up investments Nil Nil

Underwriting commitments outstanding Nil Nil

Claims, other than those under policies, not acknowledged as debts 37,167 37,167

Guarantees given by or on behalf of the Company Nil Nil

Statutory demands/liabilities in dispute, not provided for * 7,064 7,064

Reinsurance obligations to the extent not provided for in accounts Nil Nil

Claims, under policies, not acknowledged as debts 113,812 92,039

* The Service Tax department has issued an order on the Company for Rs.7,064 thousand (excluding interest), pertaining to the period August

2002 to 31st December 2004. The Company has filed an appeal against the order with the Customs, Excise and Service Tax Appellate Tribunal.

(ii) Penalties: Details of penal actions taken by various Government Authorities as required vide Circular No.005/IRDA/F&A/CIR/MAY-09 dated

May 7, 2009 are given below:

(Rs.’000)

Sr. No.

Authority Non-Compliance/ Violation Penalty Awarded Penalty PaidPenalty Waived/

Reduced

1 Insurance Regulatory and Development Authority N/A (Staff Rebate given to non-employees in few cases)

Nil (500)* Nil (500) Nil (Nil)

N/A (Surrender/partial withdrawal permitted during Lock-in period in

few cases)

Nil (500) Nil (500) Nil (Nil)

2 Service Tax Authorities Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)

3 Income Tax Authorities Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)

4 Any other Tax Authorities Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)

5 Enforcement Directorate/ Adjudicating Authority/ Tribunal or any Authority under FEMA

Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)

6 Registrar of Companies/ NCLT/CLB/ Department of Corporate Affairs or any Authority under Companies Act, 1956


7 Penalty awarded by any Court/ Tribunal for any matter including claim settlement but excluding compensation


8 Securities and Exchange Board of India # Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)

9 Competition Commission of India Nil (Nil) Nil (Nil) Nil (Nil) Nil (Nil)

10 Any other Central/State/Local Government / Statutory Authority


* Amounts in brackets represent previous year figures.

# Post listing.



51

3. There are no assets required to be deposited by the Company under

any local law or otherwise encumbered in or outside India except

investments to be held under Section 7 of the Insurance Act, 1938 as

discussed under Note 6. There are no assets subject to restructuring.

4. The commitments made and outstanding for investment is Rs.

372,895 thousand (Previous Year Rs. 928,180 thousand) (net of

amount already paid). The commitments made and outstanding

for fixed assets amount to Rs. 256,707 thousand (Previous Year Rs.

94,931 thousand) (net of advances).

5. Value of unsettled contracts relating to investments as at 31st

March 2012 for:

(Rs.’000)

Particulars Linked Business Non-linked Business

31 March 2012

31 March 2011

31 March 2012

31 March 2011

Purchases where deliveries are pending

327,496 4,733,138 491,120 Nil

Sales where receipts are due

2,287,135 4,424,206 Nil 495,360

6. Investments as required to be maintained under Section 7 of the

Insurance Act, 1938 are as follows:

(Rs.’000)

Particulars 31 March 2012 31 March 2011

8.32% Govt. of India Securities 2032*(Face Value Rs.150,000)

156,873 157,007

* This investment is in the custody of Deutsche Bank India Branch

in the Constituent Subsidiary General Ledger (‘CSGL’) account. The

investments are performing investments.

7. Managerial remuneration

The details of the managerial remuneration included in employee

remuneration and welfare benefits are as follows:

(Rs.’000)

Particulars 31 March 2012 31 March 2011 *

Salary 19,578 34,354

Perquisites 2,186 5,257

The managerial remuneration is in accordance with the approval

accorded by a resolution of the Board of Directors and IRDA as

required under Section 34A of the Insurance Act, 1938. Expenses

towards gratuity, leave encashment and Long Term Incentive Plan

are determined actuarially on an overall Company basis annually and

accordingly have not been considered in above information.

Out of the total amount of Rs. 21,764 thousand paid to Mr. V. Philip,

MD & CEO of the Company, an amount of Rs. 7,310 thousand has

been paid as bonus/long term incentive for services rendered by him

in the capacity of Chief Operation Officer of the Company.

* Mr. Kamesh Goyal (till 31st January 2011) and Mr. V. Philip (w.e.f.

1st February 2011).

8. Actuarial Valuation

Liabilities for life insurance policies are determined by the Appointed

Actuary in accordance with the IRDA regulations and relevant

guidance notes issued by the Institute of Actuaries of India.

Non-linked business is reserved using the prospective gross premium

method of valuation. The non-linked business is predominantly

participating and the reserves are established having regard to the

assumptions as to future experience, including the interest rate

that will be earned on premiums not yet received, together with

associated bonus rates. Regular premium participating business has

been reserved using an interest rate of 7.50% per annum, which is

revised upward by 30bps from last year assumption.

Single premium participating business has been reserved using

an interest rate of 6.25% per annum, which is the same as used in

valuation as at 31st March 2011. The discount rate is determined

after having regard to the yield likely to be obtained on relevant

matching assets.

Assumptions as to the future bonus rates are set to be consistent with

the interest rate assumptions. Provision has been made for bonus

distribution in respect of business in force at the valuation date on a

basis considered appropriate by the appointed actuary having taken

into account the reasonable expectations of policyholders.

The non-linked non-par business written under Invest Plus and Invest

Plus Premier has been reserved using an interest rate of 8.25% and

the Guaranteed Investment Return (GIR) consistent with the interest

rate assumption. Linked business has been reserved using the unit

price of the respective unit funds plus a non unit reserve to allow for

the cost of insurance and any expenses and commissions in excess of

future charges.

Mortality assumptions are based on the published IALM (1994-

1996) Ultimate Mortality Table with adjustment to reflect expected

experience and with an allowance for adverse deviation. Assumptions

for morbidity and for the incidence of accidental death are based on

terms available from reinsurers and the standard morbidity rate table

CIBT 93 (Critical Illness Base Table for year 93).

The reserve is sufficient to allow for any adverse lapse experience.

Further it has been ensured that for each policy the reserve is

sufficient to pay the minimum guaranteed surrender value.

Commission has been allowed for at the Company’s table rates

with an allowance for service tax. Maintenance expenses have been


allowed for in accordance with pricing assumptions, which have

been duly validated by the actual experience of the Company during

the last one year. An additional reserve has been included to allow for

the possible adverse deviations in experience in excess of offsetting

adjustments in bonus rates and to allow for the contingency of closure

to new business as is required by guidance notes(GN1) issued by the

Institute of Actuaries of India.

The reserve for the Group Term Business has been calculated having

regard to the unearned gross premium and expenses already

incurred. The group non-linked non-par savings business has been

valued having regard to the accrued account value of the members

of the group schemes.

Provision has been made for the possible revival of the lapsed policies,

which have lapsed before the valuation date, having regard to the

experience of the Company. As per IRDA circular No: 041/IRDA/

ACTL/MAR-2006 dated 29th March 2006, a reserve for lapsed unit

linked policies not likely to be revived is held as a separate item under

the head “Funds for Future Appropriations”.

Provision has been made for the Incurred But Not Reported death

claims (IBNR) based on the Company’s past experience of delay in

reporting the event of deaths. Where minimum surrender value is

guaranteed, the minimum reserve under those policies has been set

as the guaranteed surrender value. In all other cases the minimum

reserve has been set to zero.

The Appointed Actuary is satisfied that the nature and extent of

reinsurance arrangements require no additional reserve to be set

aside. All reserves have been calculated using gross exposure and

gross office premiums.

9. Claims (a) Claims settled, undisputed and remaining unpaid for a period of more than six months at year-end amount to

Rs. 155,588 thousand (Previous Year: Rs 75,309 Thousand).

(b) Disclosure of unclaimed amounts of Policyholders as required vide Circular No. IRDA/ F & I/CIR/CMP/174/11/2010 dated November 4,

2010 is as follows:

(Rs.’000)

Particulars Claims settled but not paid to the policyholders/ insured due

to any reasons except under litigation from the insured /

policyholder^

Sum due to the insured / policyholders on maturity or

otherwise

Cheques issued but not encashed by the policyholder/

insured*

Current Year

0 - 30 Days 505,780 124,973 123,226 753,979

01 - 06 Months 127,993 215,306 131,606 474,905

07 - 12 Months 42,888 38,665 78,698 160,251

13 - 18 Months 19,008 18,247 52,088 89,343

19 - 24 Months 10,057 2,062 35,763 47,882

25 - 30 Months 2,617 11,029 52,759 66,405

31 - 36 Months 6,179 24 11,485 17,688

Beyond 36 Months 4,813 NIL 66,388 71,201

TOTAL AMOUNT 719,335 410,306 552,013 1,681,654

(Rs.’000)

Particulars Claims settled but not paid to the policyholders/ insured due

to any reasons except under litigation from the insured /

policyholder^

Sum due to the insured / policyholders on maturity or

otherwise

Cheques issued but not encashed by the policyholder/

insured*

Previous Year

0 - 30 Days 557,489 35,497 23,525 616,511

01 - 06 Months 30,594 18,710 60,434 109,738

07 - 12 Months 25,598 7,405 50,744 83,747

13 - 18 Months 5,893 22,622 63,294 91,809

19 - 24 Months 7,544 - 12,618 20,162

25 - 30 Months 2,760 - 17,627 20,387

31 - 36 Months 2,662 - 25,668 28,330

Beyond 36 Months 825 - 29,828 30,653

TOTAL AMOUNT 633,365 84,234 283,738 1,001,337

* represents cheques, exceeding 6 months, issued to policyholders.

^ Includes all title open cases (Individual & Group).

52


10. Allocation of expenses

Operating expenses relating to insurance business are allocated to

specific business segments as under:

(a) Expenses, which are directly identifiable, are allocated on an

actual basis.

(b) Other operating expenses, which are not directly identifiable are

apportioned based on a combination of:

•NewBusinessRegularPremium;

•NewBusinessSinglePremium;

•RenewalPremium;and

•PaiduppoliciesPremium

11. Expenses attributable to shareholders are charged to the Shareholders’ Account.

12. Accounting Standard AS15 (Revised) Employee Benefits

i) Defined Contribution Plans

The Company has recognized following amounts in the Revenue

Account for the year –

(Rs.’000)

Sr.No. Particulars 31 March 2012 31 March 2011

1.Contribution to Employees Provident Fund

182,197 182,397

2.Contribution to Superannuation Fund

1,235 3,392

3.Contribution to Labour Welfare Fund, EDLI

3,853 2,124

4. Contribution to ESIC 16,303 19,632

ii) Defined Benefit Plans – as per Actuarial Valuation on March 31,

2012

a) Reconciliation of opening and closing balances of the present

value of the Defined Benefit Obligation (DBO):

(Rs.’000)

Particulars – Gratuity 31 March 2012 31 March 2011

Present value of Defined Benefit Obligation at the beginning of the year

174,649 118,532

Interest cost 17,014 12,311

Current service cost 48,512 46,739

Actuarial Losses / ( Gains) 9,558 42,023

Past Service Cost 0 16

Benefits paid (64,673) (44,972)

Present value of Defined BenefitObligation at the close of the year

185,060 174,649

b) Reconciliation of the opening and closing balances of the fair

value of plan assets:

(Rs.’000)

Particulars – Gratuity 31 March 2012

31 March 2011

Fair value of Plan Assets at the beginning of the year 181,843 83,449

Add : Expected return on Plan Assets 14,164 6,938

Add / (Less) : Actuarial Gains / (Losses) (1,420) 1,190

Add : Contributions 78,867 135,238

Less: Benefits Paid (64,673) (44,972)

Fair value of Plan Assets at the close of the year 208,781 181,843

Actual Return on Plan Assets 12,744 8,128

c) Net (Assets) /Liabilities recognized in the Balance Sheet as

on March 31, 2012:

(Rs.’000)


31 March 2011

Present value of Defined Benefit obligation 185,060 174,649

Less: Fair value of Plan (208,781) (181,843)

Assets Present value of unfunded obligation Nil Nil

Net Liability / (Asset) recognized in the Balance sheet (23,721) (7,194)

d) Total expenses recognized in the Revenue Account:

(Rs.’000)


31 March 2011

Current Service Cost 48,512 46,739

Interest Cost 17,014 12,311

Expected return on Plan Assets (14,164) (6,938)

Actuarial Losses / (Gains) 10,978 40,833

Past service costs 0 16

Effect of curtailment / settlement Nil Nil

Adjustments for earlier years Nil Nil

Recognized in the Revenue Account 62,340 92,961

The above have been included under the line item “Employees’

remuneration, welfare benefits and other manpower costs” in

Schedule 3.

e) Major categories of plan assets as a percentage of total plan

assets:

(Rs.’000)


31 March 2011

Insurer Managed Funds (100%) 208,781 181,843

f) Actuarial Assumptions:


31 March 2011

Discount Rate 8.55% 8.00%

Expected rate of return on Plan Assets 7.50% 7.50%

Salary Escalation rate - Management Staff 6.00% 6.00%


53


g) Future salary increases considered in actuarial valuation take

into account inflation, seniority, promotion and other relevant

factors, such as supply and demand in the employment market.

h) Expected rate of return on plan assets is on the basis of average

long term rate of return expected on investments of the fund

during the estimated term of obligation.

13. Percentage of business sector-wise:


Number of Policies

Percentage of policies

Number of Policies

Percentage of policies

Rural 263,505 25.04% 330,962 21.46%

Urban 788,831 74.96% 1,211,043 78.54%

Period Current Year Previous Year

No. of Lives Insured

No of Policies No. of Lives Insured

No of Policies

Social 376,286 8 755,909 8

14. Percentage of risk retained and risk reinsured:(Rs.’000)


Sum at risk Percentage Sum at risk Percentage

Risk retained

2,834,113,377 89.05% 2,950,631,347 92.71%

Risk reinsured

348,426,079 10.95% 231,938,294 7.29%

15. The shareholders of the Company, in their Extra Ordinary

General Meeting held on 7th May 2010 have authorized the Board

of Directors of the Company to decide on the transfer of amounts

from the Shareholders’ Account to the Policyholders’ Account to

make good the deficit, if any, in the Policyholders’ Funds in respect

of any financial year, which shall be subject to the approval of the

shareholders of the Company at the ensuing Annual General Meeting

of the respective years.

16. Reinsurance is in place on lives where cover is in excess of

the Company’s retention limit and this has been reflected in the

Accounts.

17. As per Accounting Standard 18 prescribed in the Companies

Act 1956 and Rules thereunder, disclosures of transactions with the

related parties have been set out in a separate statement annexed to

this schedule as Appendix I. The related parties, in respect of which

the disclosures have been made, have been identified on the basis of

information available with the Company and taken on record by the

Board of Directors.

18. In accordance with Accounting Standard (AS 20) – on Earnings

Per Share (EPS), the following table reconciles the numerator and

denominator used to calculate basic/diluted earnings per share.


Profit/(Loss) after tax (Rs.‘000) 13,112,019 10,570,390

Basic earnings before extra-ordinary items [A] (Rs.‘000)

13,112,019 10,570,390

Basic earnings after extra-ordinary items [B] (Rs. ‘000)

13,112,019 10,570,390

Weighted average no. of equity shares (par value of Rs 10 each) [C]

150,709,000 150,709,000

Basic earnings per equity share [A/C] (Rs) 87.00 70.14

Basic earnings per equity share excluding extraordinary items [B/C] (Rs)

87.00 70.14

As there were no dilutive equity shares issued, or potential equity

shares, no reconciliation between the denominator used for

computation of basic and diluted earnings per share is necessary.

19. Operating lease commitments

The Company has entered into agreements in the nature of Lease/

Leave and License Agreements with different lessors / licensors for

the purpose of establishment of office premises. These are generally

in the nature of operating leases/ leave and licenses and disclosure

required as per Accounting Standard 19 with regard to the same is as

under:


Not later than one year 318,132 344,844

Later than one year not later than five years 475,602 526,101

Later than five years 70,986 74,505

i) There are no transactions in the nature of sub leases.

ii) Payments recognized in the Revenue account for the

year ended 31st March 2012, are Rs. 411,874 thousand

(Previous Year Rs.478,059 thousand).

iii) The period of agreement is generally for three years and

renewable thereafter at the option of the lessee.

20. Additional disclosure on expenses:The additional disclosure on expenses pursuant to IRDA notification

dated March 28, 2008 have been detailed herein below:

(Rs.’000)


Marketing expenses and Business development expenses

1,919,777 2,231,972

Outsourcing expenses 1,356,289 2,612,913

54


21. S

egm

ent R

epor

ting

Par

ticu

lars

C

urre

nt

Year

P

arti

cipa

ting

Pol

icyh

olde

rs'

Non

- Pa

rtic

ipat

ing

Polic

yhol

ders

' U

nit L

inke

d Po

licyh

olde

rs'

Sha

reho

lder

's U

nallo

cate

d In

divi

dual

A

ssur

ance

In

divi

dual

Pe

nsio

n In

divi

dual

A

ssur

ance

In

divi

dual

H

ealt

h In

divi

dual

A

nnui

ty

Gro

up

Ass

uran

ce

Indi

vidu

al

Ass

uran

ce

Indi

vidu

al

Pens

ion

Gro

up

Cred

it/(

Deb

it)

Fair

Val

ue C

hang

e A

ccou

nt

55,

847

55,

847

- -

- -

- -

- -

- -

Polic

y Li

abili

ties

5

6,53

8,64

1 3

2,54

4,43

8 4

80,7

03

5,4

25,3

33

182

,785

5

12,0

07

13,

069,

765

4,1

81,7

69

128

,757

1

3,08

4 -

-

Prov

isio

n fo

r lin

ked

liabi

litie

s

299,

838,

261

- -

- -

- -

273

,589

,782

1

8,26

1,73

9 7

,986

,740

-

-

Prov

isio

n fo

r Dis

cont

inua

nce

Fund

1

56,3

84

- -

- -

- -

156

,384

-

- -

-

Fund

s fo

r Fut

ure

App

ropr

iati

ons

1,4

42,7

95

1,3

83,9

48

58,

847

- -

- -

- -

- -

-

Rese

rve

for u

nit l

inke

d po

licie

s no

t lik

ely

to b

e re

vive

d 8

47,9

71

- -

- -

- -

847

,971

-

- -

-

Loan

s 1

70,6

60

170

,660

-

- -

- -

- -

- -

-

Inve

stm

ents

9

4,33

4,93

4 3

3,07

1,32

0 5

21,8

28

5,2

68,9

41

182

,904

4

92,7

56

12,

659,

090

5,9

32,6

08

183

,119

1

6,81

4 3

6,00

5,55

4 -

Ass

ets

Hel

d to

Cov

er L

inke

d Li

abili

ties

299,

838,

261

- -

- -

- -

273

,589

,782

1

8,26

1,73

9 7,

986,

740

- -

Ass

ets

Hel

d to

Cov

er D

isco

ntin

uanc

e Fu

nd

156

,384

-

- -

- -

- 1

56,3

84

- -

- -

Fixe

d A

sset

s #

2,2

62,4

24

- -

- -

- -

- -

- -

2,2

62,4

24

Cash

and

ban

k ba

lanc

es

4,3

82,3

96

- -

- -

- -

- -

- -

4,3

82,3

96

Adv

ance

s &

Oth

er A

sset

s

Out

stan

ding

Pre

miu

m

1,6

59,8

67

1,5

45,1

79

4,8

74

94,

637

14,

773

- 4

04

- -

- -

-

Due

from

Oth

er E

ntiti

es c

arry

ing

on In

sura

nce

busi

ness

5

6,45

9 3

0,45

9 -

16,

755

6,0

50

- 6

07

2,0

25

- 5

63

- -

Inco

me

accr

ued

on in

vest

men

ts

2,9

48,2

84

942

,600

1

8,04

5 1

57,3

72

942

1

9,63

8 4

13,4

53

134

,823

9

,351

7

72

1,2

51,2

88

-

Uns

ettle

d In

vest

men

t con

trac

t rec

eiva

ble

- -

- -

- -

- -

- -

- -

Oth

er A

sset

s 6

99,9

82

- -

- -

- -

- -

- -

699

,982

Curr

ent L

iabi

litie

s

Agen

ts B

alan

ce

2,7

95,3

62

- -

- -

- -

- -

- -

2,7

95,3

62

Bala

nce

due

to o

ther

Insu

ranc

e Co

mpa

nies

2

7,40

4 3

,769

1

79

(6,1

32)

(2,5

56)

- 2

,601

1

6,36

2 1

91

- -

12,

990

Sund

ry C

redi

tors

3

,604

,724

9

9,01

7 8

5 3

,084

9

08

- 3

8 -

- -

- 3

,501

,592

Clai

ms O

utst

andi

ng

632

,591

1

61,6

02

411

7

3,75

2 2

5,53

4 -

24,

280

342

,730

2

,547

1

,735

-

-

Prem

ium

rece

ived

in a

dvan

ce

220

,670

9

8,76

2 2

79

13,

434

1,8

83

- -

80,

541

6,4

41

19,

330

- -

Prem

ium

& O

ther

Dep

osits

7

28,8

67

- -

- -

- -

- -

- -

728

,867

Unc

laim

ed A

mou

nt-P

olic

yhol

ders

1

,681

,654

3

9,39

8 2

,064

5

,921

(6

23)

(85)

3,3

28

833

,259

2

40,7

74

5,6

05

- 5

52,0

13

Paya

ble

Uns

ettle

d In

vest

men

t Con

trac

ts

491

,120

-

- -

- -

- -

- -

491

,120

-

Tem

pora

ry o

verd

raft

as p

er b

ooks

of a

ccou

nts

472

,462

-

- -

- -

- -

- -

- 4

72,4

62

Prov

isio

ns

1,3

68,8

27

- -

- -

- -

- -

- -

1,3

68,8

27

Polic

y Li

abili

ties a

nd F

unds

for F

utur

e Ap

prop

riatio

ns a

re c

over

ed b

y In

vest

men

ts a

nd In

tere

st a

ccru

ed o

n In

vest

men

ts.

# Fi

xed

asse

ts a

re n

ot id

entif

iabl

e to

any

par

ticul

ar b

usin

ess s

egm

ent.

Dep

reci

atio

n ha

s bee

n al

loca

ted

base

d on

the

assu

mpt

ion

that

the

use

of a

sset

s is p

ropo

rtio

nal t

o th

e ba

sis r

efer

red

to in

Not

e 10

(b) o

f Sch

edul

e 16

.

(Am

ount

in R

s.’ 0

00)


55


21. S

egm

ent R

epor

ting

Par

ticu

lars

P

revi

ous

Year

P

arti

cipa

ting

Pol

icyh

olde

rs'

Non

- Pa

rtic

ipat

ing

Polic

yhol

ders

' U

nit L

inke

d Po

licyh

olde

rs'

Sha

reho

lder

's U

nallo

cate

d In

divi

dual

A

ssur

ance

In

divi

dual

Pe

nsio

n In

divi

dual

A

ssur

ance

In

divi

dual

H

ealt

h In

divi

dual

A

nnui

ty

Gro

up

Ass

uran

ce

Indi

vidu

al

Ass

uran

ce

Indi

vidu

al

Pens

ion

Gro

up

Cred

it/(

Deb

it)

Fair

Val

ue C

hang

e A

ccou

nt

37,

544

37,

544

- -

- -

- -

- -

- -

Polic

y Li

abili

ties

3

8,44

6,67

5 2

1,54

6,41

4 4

37,3

21

2,5

90,5

74

163

,927

3

12,1

14

7,5

81,8

46

5,5

26,9

29

270

,886

1

6,66

4 -

-

Prov

isio

n fo

r lin

ked

liabi

litie

s 3

28,8

41,7

05

- -

- -

- -

300

,477

,096

1

9,49

0,66

2 8,

873,

947

- -

Fund

s fo

r Fut

ure

App

ropr

iati

ons

1,1

83,6

97

1,1

50,2

93

33,

404

- -

- -

- -

- -

-

Rese

rve

for L

apse

d un

it li

nked

pol

icie

s un

likel

y to

be

revi

ved

1,7

45,3

24

- -

- -

- -

1,7

45,3

24

- -

- -

Loan

s 1

47,0

78

147

,078

-

- -

- -

- -

- -

-

Inve

stm

ents

6

4,45

8,05

9 2

2,39

5,69

8 4

63,9

56

2,5

47,4

08

163

,427

3

07,2

54

7,6

89,3

35

7,0

87,3

39

264

,331

1

8,49

1 2

3,52

0,82

0 -

Ass

ets

Hel

d to

Cov

er L

inke

d Li

abili

ties

3

28,8

41,7

05

- -

- -

- -

300

,477

,096

1

9,49

0,66

2 8,

873,

947

- -

Fixe

d A

sset

s #

1,6

53,7

09

- -

- -

- -

- -

- -

1,6

53,7

09

Cash

and

ban

k ba

lanc

es

4,3

85,0

98

- -

- -

- -

- -

- -

4,3

85,0

98

Adv

ance

s &

Oth

er A

sset

s -

- -

Out

stan

ding

Pre

miu

m

1,0

84,3

90

891

,111

4

,720

1

76,5

65

11,

992

- 2

-

- -

- -

Due

from

Oth

er E

ntiti

es c

arry

ing

on In

sura

nce

busi

ness

2

2,06

9 6

,395

-

602

8

,173

-

195

6

,704

-

- -

-

Inco

me

accr

ued

on in

vest

men

ts

1,5

69,3

22

474

,554

8

,131

4

0,73

1 9

42

5,5

15

197

,348

1

71,3

29

7,7

65

622

6

62,3

85

-

Uns

ettle

d In

vest

men

t con

trac

t rec

eiva

ble

495

,360

-

- -

- -

- -

- -

495

,360

-

Oth

er A

sset

s 6

61,3

16

- -

- -

- -

- -

- -

661

,316

Curr

ent L

iabi

litie

s -

- -

Agen

ts B

alan

ce

3,4

14,3

31

- -

- -

- -

- -

- -

3,4

14,3

31

Bala

nce

due

to o

ther

Insu

ranc

e Co

mpa

nies

6

5,73

1 6

,247

1

76

2,7

14

(6,5

75)

- 4

,005

3

6,29

8 1

60

1,2

75

- 2

1,43

1

Sund

ry C

redi

tors

3

,282

,332

4

0,14

8 9

3 1

8,56

0 6

42

- -

- -

- -

3,2

22,8

89

Clai

ms O

utst

andi

ng

509

,388

7

6,55

0 2

37

37,

889

100

3

1,46

5 1

7,49

5 3

44,2

08

1,4

44

-

Prem

ium

rece

ived

in a

dvan

ce

174

,249

5

,703

1

1 -

- -

- 1

41,5

05

- 2

7,03

0 -

-

Prem

ium

& O

ther

Dep

osits

1

,097

,160

-

- -

- -

- -

- -

- 1

,097

,160

Unc

laim

ed A

mou

nt-P

olic

yhol

ders

9

56,7

07

50,

226

1,3

43

1,6

89

(46)

(1,4

95)

68

538

,789

7

8,30

4 4

,094

-

283

,735

Tem

pora

ry o

verd

raft

as p

er b

ooks

of a

ccou

nts

1,0

17

- -

- -

- -

- -

- -

1,0

17

Prov

isio

ns

1,0

68,1

89

- -

- -

- -

- -

- -

1,0

68,1

89

Polic

y Li

abili

ties a

nd F

unds

for F

utur

e Ap

prop

riatio

ns a

re c

over

ed b

y In

vest

men

ts a

nd In

tere

st a

ccru

ed o

n In

vest

men

ts.

# Fi

xed

asse

ts a

re n

ot id

entif

iabl

e to

any

par

ticul

ar b

usin

ess s

egm

ent.

Dep

reci

atio

n ha

s bee

n al

loca

ted

base

d on

the

assu

mpt

ion

that

the

use

of a

sset

s is p

ropo

rtio

nal t

o th

e ba

sis re

ferr

ed to

in N

ote

10(b

) of S

ched

ule

16.

(Am

ount

in R

s.’ 0

00)

56


22. Summary of Financial Statements

Sr. No. Particulars 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07

Policyholders' Account

1 Gross premium income 74,837,954 96,099,487 114,197,137 106,245,213 97,253,110 53,452,422

2 Net premium income # 74,336,163 95,751,789 113,913,657 106,010,710 97,120,392 53,359,827

3 Income from investments (Net) @ (394,473) 39,123,659 99,302,163 (31,148,700) 7,001,918 3,096,821

4 Other Income 116,403 403,589 976,028 1,770,168 3,069,470 1,024,594

5 Total income 74,058,093 135,279,037 214,191,848 76,632,178 107,191,780 57,481,242

6 Commissions (Net) 3,882,730 6,164,741 9,625,696 10,515,493 14,968,622 9,466,813

7 Brokerage - - - - - -

8 Operating Expenses related to insurance business 14,062,756 16,065,847 17,716,252 18,757,915 20,043,360 10,730,189

9 Provisions for tax 1,856,244 1,923,860 653,127 157,738 93,313 73,054

10 Total Expenses 19,801,730 24,154,448 27,995,075 29,431,146 35,105,295 20,270,056

11 Payment to policy holders* 54,958,452 49,866,241 26,312,344 7,565,608 8,516,733 6,987,347

12 Increase in actuarial liability** (10,755,094) 52,848,822 155,788,353 38,480,462 61,589,436 28,845,060

13 Surplus/ Deficit from operations 10,053,005 8,409,526 4,096,076 1,154,962 1,980,316 1,378,779

Shareholders’ Account

14 Total income under Shareholders’ Account ## 2,909,129 1,823,827 1,084,376 906,749 795,036 277,123

15 Profit/ (loss) before tax 13,495,779 10,816,647 5,569,943 (706,727) (2,138,825) (717,006)

16 Provisions for tax 383,757 246,257 147,075 85 80 27

17 Profit/ (loss) after tax 13,112,019 10,570,390 5,422,868 (706,812) (2,138,905) (717,033)

18 Profit/ loss carried to Balance Sheet 23,499,431 10,387,412 (182,978) (5,605,846) (4,899,034) (2,760,129)

19 Miscellaneous

(A) Policyholders’ account:

Total funds (including unit linked funds) 358,879,899 370,254,945 318,342,558 163,681,474 124,180,044 60,626,486

Total investments (including unit linked investments) 358,324,025 369,778,944 318,768,481 163,870,146 124,228,665 60,919,159

Yield on investments (%) (excluding unit linked investments)

8.42% 8.28% 8.35% 8.99% 8.77% 7.17%

(B) Shareholders’ account:

Total funds (net of debit balance in Profit & Loss A/C) 35,606,071 22,494,057 11,923,662 6,500,794 7,207,708 4,245,236

Total investments 36,005,554 23,520,820 15,453,830 7,695,214 11,458,855 6,536,500

Yield on investments (%) 8.95% 8.27% 8.43% 9.26% 8.66% 7.36%

20 Yield on total investments (excluding unit linked investments)

8.63% 8.27% 8.37% 9.08% 8.72% 7.24%

21 Paid up equity capital 1,507,090 1,507,090 1,507,090 1,507,090 1,507,090 1,503,680

22 Net worth 35,606,071 22,494,057 11,923,662 6,500,794 7,207,708 4,245,236

23 Total Assets (net of debit balance in Profit & Loss A/C) 394,485,970 392,749,002 330,266,220 170,182,268 131,387,754 64,871,722

24 Earning per share (Rs.) 87.00 70.14 35.98 (4.69) (14.22) (4.77)

25 Book value per share (Rs.) 236.26 149.25 79.12 43.13 47.83 28.23

# Net of reinsurance

@ Net of losses

* Inclusive of interim bonuses, if any

** Includes fund reserve since 2003-04

## Excludes amount transferred from the Policyholders' Account (Technical Account)

(Amount in Rs.’ 000)


57


23. Ratios: (Expressed in number of times)

Sr. No. Particulars 2011-12 2010-11

1 "New business premium income growth (segment-wise) (New business premium for current year divided by new business premium for previous year)

Participating 1.80 4.40

Non Participating 0.90 1.44

Unil Linked 0.42 0.54

2 Net retention ratio(Net premium divided by gross premium)

0.9930.996

3 Ratio of expenses of management (**) (Expenses of management including commission divided by the total gross direct premium with Single Premium)

0.22 0.22

4 Ratio of expenses of management (**)(Expenses of management including commission expenses divided by the total gross direct premium without Single Premium)

0.25 0.25

5 Commission ratio(Gross Commission paid to Gross premium)

0.05 0.06

6 Ratio of policy holders’ liabilities to shareholders’ funds 10.08 16.46

7 Growth rate of share holders’ funds 1.58 1.89

8 Ratio of surplus to policy holders’ liability (*) 0.03 0.02

9 Change in net worth 1.58 1.89

10 Profit after tax/ Total income 4.51 5.79

11 (Total Real Estate + Loans) / Cash & invested assets 0.005 0.003

12 Total investments / (Capital + Surplus) 11.07 17.48

13 Total affiliated investments/ (Capital + Surplus) 0.00 0.00

* Surplus including Contribution from Shareholders' account

** Excluding Service tax borne by Unit linked policy holders'

58

24. The Revenue Account and Balance Sheet for unit linked business has been annexed to this schedule as Appendix II. Disclosure for ULIP

Business as per Unit Linked Disclosure Norms issued vide Circular No. 054/IRDA/F&A/FEB-07 dated February 20, 2007, has been annexed to

this schedule as Appendix III.

25. Disclosures for Controlled Fund as required vide Circular No. IRDA/F&I/CIR/F&A/045/03/2010 dated March 17, 2010, has been annexed to

this schedule as Appendix IV.

iii. Percentage of discontinued to total policies (product wise)

financial year 2011-2012:

Product namePercentage of discontinued to

total policies (FY 2011-12)

Bajaj Allianz Max Advantage Insurance Plan 12.77%

Bajaj Allianz Assured Protection Insurance Plan 11.10%

Bajaj Allianz iGain III Insurance Plan 2.66%

Bajaj Allianz Smart Insurance Plan III 2.38%

Bajaj Allianz Money Secure Insurance Plan 0.98%

iv. Number and percentage of the policies revived during the

financial year 2011-2012 : NIL

vi. Charges imposed on account of discontinued policies during the

financial year 2011-2012: Rs. 7,853 thousands.

26. Discontinued policy fund:

i. In pursuance to IRDA’s notification dated July 01,2010 and

circular IRDA/LIFE/CIR/MISC/235/10/2011 dated October 13,

2011, the following details are disclosed with respect to the

policies discontinued:

Particulars On account of Non - payment of Premium amount within the grace period (Rs. ‘000)

On account of Others(Rs. ‘000)

Opening balance as on April 01, 2011 - -

Add : Amount transferred to funds for discontinued policies

1,56,384

Less : Amount refunded to policyholders

- -

Closing balance as on March 31, 2012 1,56,384 -

ii. Number of policies discontinued during the financial year

2011-2012 : 5751



59

27. Previous year figures have been regrouped where possible and wherever necessary to make them comparable with those of the current year.

Summary of amounts of the previous year which have been regrouped is as follows:

Particulars Reported in Previous Year

Reported in current Year

Difference From Schedule No. To Schedule No. Reasons Amount

Claim Outstanding 509,388 464,758 (44,630) 13 (Claim Outstanding)

13 Unclaimed Amount – Policyholders

Reclassification of Unclaimed policyholder

amount from Claims Outstanding

(44,630)

Unclaimed Amount-Policyholders

956,707 1,001,337 44,630 13 Claims Outstanding)

13 Unclaimed Amount – Policyholders

Reclassification of Unclaimed policyholder

amount from Claims Outstanding

44,630

These re-groupings do not affect previously reported Surplus as per Revenue Account and Profit as per Profit and Loss Account.

For Dalal & Shah For B S R & CoChartered Accountants Chartered AccountantsFirm Registration Firm RegistrationNo. 102021W No. 101248W

Anish Amin Juzer MiyajiwalaPartner PartnerMember Ship No 40451 Member Ship No 47483


Rahul Bajaj Manuel BauerChairman Director Niraj Bajaj Sanjiv BajajDirector Director

David Fried Ranjit GuptaDirector Director

S.H.Khan Suraj MehtaDirector Director

Manu Tandon V Philip Director Managing Director and Chief Executive Officer

RajeshViswanathan Anil SinghChief Financial Officer Appointed Actuary

Sameer Bakshi Company Secretary Head – Legal & Compliance

Place : PuneDate : 12th May 2012

Place : PuneDate : 12th May 2012


Appendix I Refer Schedule 16 Note 17 (Amount in Rs.’000)

Schedules forming part of financial statements for the year ended 31st March 2012

Related Party Disclosures

Sr. No.

Related Party Relationship Current Year Previous Year

Total value of Transactions

during the year Payment/

(Receipts)

Nature of Transaction Balance Outstanding

as at 31st March 2012 Receivable/

(Payable)



(Receipts)


as at 31 st March 2011 Receivable/

(Payable)

1 Bajaj Finserv Ltd.Holding Company

11,481 Paid towards the Revenue expenditure

- 11,250 Paid towards the Revenue expenditure

(1,270)

2 Bajaj Auto Ltd. Group Company

(197,858)Insurance premium received

(42) (1,521)Insurance premium received

2,633 Insurance claims paid 811 Insurance claims paid

485,769 Investments Purchased

- 98,585 Investments Purchased

(260,586) Investments Sold (1,209,800) Investments Sold

- Paid towards the Revenue expenditure

16 Paid towards the Revenue expenditure

3Bajaj Holding and Investment Ltd.

Group Company - Investments Sold (106,070) Investments Sold

4Bajaj Finance Ltd.(Earlier Known as Bajaj Auto Finance Ltd.)

Group Company


(69,415) (328,296)Insurance premium received

-

47,377 Insurance claims paid - 24,123 Insurance claims paid -


(320,108) 190,413 Paid towards the Revenue expenditure

35,380

- Investments Purchased

- 150,000 Investments Purchased -

(12,450)Interest received on Investments Held

- - Interest received on Investments purchased

- Advance paid towards Revenue Expenditure

1,667 6,667 Advance paid towards Revenue Expenditure

(6,667)

12,679 Paid Towards Insurance Commision

(12,077) 6,966 Paid Towards Insurance Commision

4,205

5Bajaj Allianz General Insurance Co. Ltd.

Group Company

(45,137)Insurance Premium Received

(525) (19,241)Insurance Premium Received

-

134,597 Insurance Premium Paid

24,793 51,967 Insurance Premium paid

7,710

(77,874)

Reimbursement received of Revenue and Capital expenditure

(98,674)

Reimbursement received of Revenue and Capital expenditure

79,515

50,909 Paid towards the Revenue and Capital expenditure

18,588 51,036 Paid towards the Revenue and Capital expenditure

-

(140,372)Insurance Claim Received

- (72,787)Insurance Claim Received

-

15,873 Insurance Claims Paid - 4,268 Insurance Claims Paid -

6Bajaj Allianz Financial Distributors Ltd.

Group Company

(2,692) Rental Income - (2,692) Rental Income 8,181


(43) (1,272)Insurance premium received

-

340,016 Paid towards Revenue Expenditure

(529) 416,014 Paid towards Revenue Expenditure

-

300 Insurance claims paid - 1,050 Insurance claims paid -

7 Bajaj Financial Solutions Ltd. Group Company 605 Paid Towards Insurance Commision

(84) - Paid towards insurance commission

-

8 Allianz SE Shareholder

- Revenue expenditure for OPUS

14,164 Revenue expenditure for OPUS

(12,881)

639 Reimbursement made of Revenue Expenditure

- - Reimbursement made of Revenue Expenditure

-

- Reimbursement received of Revenue Expenditure

(175)Reimbursement received of Revenue Expenditure

-

60


Sr. No.

Related Party Relationship Current Year Previous Year



(Receipts)


as at 31st March 2012 Receivable/

(Payable)



(Receipts)


as at 31 st March 2011 Receivable/

(Payable)

9Allianz Insurance Management Asia Pacific Pte. Ltd.

Group Company

(1,542)Reimbursement received of Revenue Expenditure

1,800 (1,694)Reimbursement received of Revenue Expenditure

1,604


176 Paid towards the Revenue expenditure

-

10Allianz Managed Operations & Services SE

Group Company 16,237 Paid towards the Opus revenue Expenditure

(12,990) -Paid towards the Opus revenue Expenditure

-

11Allianz SE Reinsurance Branch Asia Pacific.

Group Company

219,486 Reinsurance Premium (60,283) 167,404 Reinsurance Premium (51,867)

(21,097)Reinsurance Commission

4,637 26,144 Reinsurance Commission

7,544

(4,103)Reinsurance profit Commission

(4,882)Reinsurance profit Commission

-

(95,388) Reinsurance Claims 43,366 52,878 Reinsurance Claims 16,823

12 Hind Musafir Agency Ltd. Group Company

(602)Commission on Travel Expenses

(25) (698)Commission on Travel Expenses

(86)

702 Charges for Domestic Services

743 Charges for Domestic Services

-

13 IDS GmbH Group Company 3,772 Remuneration for IDS serives

(643) 2,913 Remuneration for IDS serives

(499)

14Allianz Investment Management Singapore Pte.Ltd.

Group Company 31,850 Data Provision Charges

- 38,000 Data Provision Charges (8,550)

15 Kamesh Goyal Key Management Personnel

- Remuneration - 37,726 Remuneration -

16 V.Philip*Key Management Personnel

21,764 Remuneration - 1,885 Remuneration -

17 Bajaj Electricals Ltd. Group Company

94 Paid towards the Revenue and Capital expenditure

- 975 Paid towards the Revenue and Capital expenditure

-

(100,700) Insurance Premium Received

- - Insurance Premium Received

18 Sanjay Asher Director 80 Director Sitting Fees - 120 Director Sitting Fees -

19 Manu Tandon Director 80 Director Sitting Fees - 80 Director Sitting Fees -

20 Suraj Mehta Director 80 Director Sitting Fees - 60 Director Sitting Fees -

21 S H Khan Director 160 Director Sitting Fees - 160 Director Sitting Fees -

* Out of the total amount of Rs. 21, 764 thousand paid to Mr. V. Philip, MD & CEO of the Company, an amount of Rs. 7,310 thousand has been paid as bonus/long term incentive for services rendered by him in the capacity of Chief Operation Officer of the Company.

61


(Amount in Rs.’000)

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-RA

(UL)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sch

edul

e A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fu

nd

Ass

et

Allo

cati

on

Pens

ion

Fund

Ass

ured

Re

turn

Fun

d B

alan

ced

Fund

B

alan

ced

Plus

Fun

d B

alan

ced

Plus

Pen

sion

Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

215

-

- 1

,165

1

,489

,966

1

12,2

44

9,8

14

- -

-

Div

iden

d In

com

e 1

63,9

39

33,

763

20,

572

173

2

57,2

21

16,

209

- -

- -

Mis

cella

neou

s Inc

ome

62,

863

20,

452

9,9

61

194

4

47,5

94

48,

660

1,9

34

- -

-

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 2

79,3

66

3,7

08

10,

556

217

(4

3,00

3) (1

3,42

0) 4

4 -

- -

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 3

7,31

0 (1

0,92

8) 4

,928

9

74

85,

321

(5,8

06)

(273

) -

- -

Unr

ealis

ed G

ain/

(Los

s) (8

45,9

79)

(66,

422)

(71,

909)

(1,5

38)

(922

,911

) (3

9,56

9) (1

,905

) -

- -

Tota

l Inc

ome

(A)

(30

2,28

6) (

19,4

27)

(25

,892

) 1

,185

1

,314

,188

1

18,3

18

9,6

14

- -

-

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

- -

Fund

Man

agem

ent E

xpen

ses

150

,525

2

6,67

5 1

5,31

7 2

86

495

,938

3

7,43

0 1

,708

-

- -

Oth

er c

harg

es F

-5

306

,325

1

09,9

96

12,

902

180

2

,310

,612

3

8,92

3 1

3,84

3 -

- -

Expr

opria

tion/

Apro

pria

tion

Char

ges

31,

398

5,1

59

(3,8

14)

30

133

,060

9

,613

7

-

- -

Tota

l Exp

ense

s (B

) 4

88,2

48

141

,830

2

4,40

5 4

96

2,9

39,6

10

85,

966

15,

558

- -

-

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

(79

0,53

4) (

161,

257)

(50

,297

) 6

89

(1,6

25,4

22)

32,

352

(5,

944)

- -

-

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

3,2

08,2

32

(60,

245)

208

,991

2

7,02

1 1

,306

,896

3

39,0

80

(361

) -

- -

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 2

,417

,698

(2

21,5

02)

158

,694

2

7,71

0 (3

18,5

26)

371

,432

(6

,305

) -

- -

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sch

edul

e A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fu

nd

Ass

et

Allo

cati

on

Pens

ion

Fund

Ass

ured

Re

turn

Fun

d B

alan

ced

Fund

B

alan

ced

Plus

Fun

d B

alan

ced

Plus

Pen

sion

Fu

nd

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

5,8

82,9

35

2,7

40,2

07

1,0

37,0

88

(3,4

14)

39,

863,

190

2,79

8,17

2 2

21,8

91

- -

-

Reve

nue

Acco

unt

2,4

17,6

98

(221

,502

) 1

58,6

94

27,

710

(318

,526

) 3

71,4

32

(6,3

05)

- -

-

Tot

al

8,3

00,6

33

2,5

18,7

05

1,1

95,7

82

24,

296

39,

544,

664

3,1

69,6

04

215

,586

-

- -

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

8,2

89,4

48

2,4

79,1

83

1,1

93,1

70

23,

461

38,

426,

868

3,1

18,4

62

199

,812

-

- -

Curr

ent A

sset

s F

-3

12,

544

39,

623

2,6

61

836

1

,119

,296

6

0,95

6 1

5,78

2 -

- -

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

1,3

59

101

4

9 1

1

,500

9

,814

8

-

- -

Net

Cur

rent

Ass

ets

11,

185

39,

522

2,6

12

835

1

,117

,796

5

1,14

2 1

5,77

4 -

- -

Tot

al

8,3

00,6

33

2,5

18,7

05

1,1

95,7

82

24,

296

39,

544,

664

3,1

69,6

04

215

,586

-

- -

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

8,3

00,6

33

2,5

18,7

05

1,1

95,7

82

24,

296

39,

544,

664

3,1

69,6

04

215

,586

-

- -

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

412

,377

2

24,7

72

56,

400

935

2

,904

,926

2

47,5

18

20,

137

- -

-

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)20

.128

711

.205

621

.201

925

.974

113

.613

012

.805

610

.705

9 -

- -

62


Part

icul

ars

Sch

edul

e B

lue

Chip

Equ

ity

Fund

B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee

Fund

- 201

2

Cap

ital

G

uara

ntee

Fun

d-

2014

Cap

ital

G

uara

ntee

Fu

nd- 2

017

Cap

ital

Shi

eld-

I C

apit

al

Shie

ld-II

C

ash

Fund

C

ash

Plus

Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

- 5

10,0

14

138

,733

3

,706

2

97

1,2

61

76,

462

13,

831

24,

966

25,

830

Div

iden

d In

com

e 1

9,60

5 -

- 3

54

25

223

1

,324

-

- -

Mis

cella

neou

s Inc

ome

9,3

41

192

,594

3

0,66

3 7

8 7

2

0 2

,896

7

7 4

8,97

6 6

0,83

8

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e (3

2,69

9) (5

5,59

7) 1

,517

9

55

(1)

30

(547

) 9

7 2

44

321

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t (3

9,13

3) (1

1,14

0) (7

,937

) 1

,761

(9

) 5

50

8,0

98

19,

529

- -

Unr

ealis

ed G

ain/

(Los

s) 4

6,06

0 2

9,64

6 5

,220

(9

,047

) (2

11)

(2,3

92)

(5,0

15)

(32,

970)

- -

Tota

l Inc

ome

(A)

3,1

74

665

,517

1

68,1

96

(2,

193)

108

(

308)

83,

218

564

7

4,18

6 8

6,98

9

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

9,7

23

-

Fund

Man

agem

ent E

xpen

ses

15,

053

74,

504

17,

872

856

6

3 4

00

27,

815

21,

683

7,7

78

6,3

75

Oth

er c

harg

es F

-5

39,

516

333

,106

1

1,25

9 2

,538

1

84

1,0

91

2,8

65

2,2

34

14,

962

11,

001

Expr

opria

tion/

Apro

pria

tion

Char

ges

2,1

16

743

(1

71)

(82)

6

37

(101

) 7

0 8

1

0

Tota

l Exp

ense

s (B

) 5

6,68

5 4

08,3

53

28,

960

3,3

12

253

1

,528

3

0,57

9 2

3,98

7 3

2,47

1 1

7,38

6

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

(53

,511

) 2

57,1

64

139

,236

(

5,50

5) (

145)

(1,

836)

52,

639

(23

,423

) 4

1,71

5 6

9,60

3

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

(9,0

37)

112

,756

1

47,2

41

19,

714

1,4

09

11,

777

209

,924

2

20,0

28

254

,294

5

94,3

30

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r (6

2,54

8) 3

69,9

20

286

,477

1

4,20

9 1

,264

9

,941

2

62,5

63

196

,605

2

96,0

09

663

,933

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sch

edul

e B

lue

Chip

Equ

ity

Fund

B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee

Fund

- 201

2

Cap

ital

G

uara

ntee

Fun

d-

2014

Cap

ital

G

uara

ntee

Fu

nd- 2

017

Cap

ital

Shi

eld-

I C

apit

al

Shie

ld-II

C

ash

Fund

C

ash

Plus

Fu

nd

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

1

,627

,121

7

,781

,840

1

,790

,934

6

,960

3

,160

1

9,44

8 6

91,4

42

417

,449

4

55,5

24

217

,049

Rev

enue

Acc

ount

(6

2,54

8) 3

69,9

20

286

,477

1

4,20

9 1

,264

9

,941

2

62,5

63

196

,605

2

96,0

09

663

,933

Tot

al

1,5

64,5

73

8,1

51,7

60

2,0

77,4

11

21,

169

4,4

24

29,

389

954

,005

6

14,0

54

751

,533

8

80,9

82

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

1,5

23,9

30

7,2

65,8

60

2,0

31,3

18

20,

617

4,0

44

28,

750

870

,712

5

80,6

66

741

,109

8

65,0

81

Cur

rent

Ass

ets

F -3

4

0,70

1 8

86,4

07

97,

288

561

3

82

656

8

4,32

9 3

4,52

6 1

0,47

5 1

5,92

1

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

5

8 5

07

51,

195

9

2

17

1,0

36

1,1

38

51

20

Net

Cur

rent

Ass

ets

40,

643

885

,900

4

6,09

3 5

52

380

6

39

83,

293

33,

388

10,

424

15,

901

Tot

al

1,5

64,5

73

8,1

51,7

60

2,0

77,4

11

21,

169

4,4

24

29,

389

954

,005

6

14,0

54

751

,533

8

80,9

82

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

1,5

64,5

73

8,1

51,7

60

2,0

77,4

11

21,

169

4,4

24

29,

389

954

,005

6

14,0

54

751

,533

8

80,9

82

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

170

,860

5

03,8

23

125

,145

1

,615

3

21

2,0

87

70,

113

43,

115

46,

786

48,

943

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)9.

1570

16.1

798

16.6

000

13.1

082

13.7

954

14.0

804

13.6

066

14.2

423

16.0

633

18.0

001

63

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)Ap

pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sch

edul

e C

ash

Plus

Pen

sion

Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

911

5

8,48

2 8

2,59

6 5

,921

2

5 1

6,59

6 7

1,43

0 1

,498

5

,210

-

Div

iden

d In

com

e -

- -

- 4

6,50

1 9

9,85

5 1

,134

,154

5

3,64

9 5

9,34

9 2

4,93

3

Mis

cella

neou

s Inc

ome

3,4

40

14,

781

18,

028

2,7

43

1,7

42

25,

262

715

,227

5

0,93

4 3

4,56

2 9

01

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 5

4 (1

,584

) (3

,452

) 7

67

27,

977

498

,266

3

,988

,282

6

9,26

2 1

06,2

64

10,

914

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 1

2

,886

(5

24)

(346

) 1

62,2

51

8,8

12

(262

,702

) (2

6,74

0) 2

2,91

3 8

4,67

9

Unr

ealis

ed G

ain/

(Los

s) -

(2,6

07)

(1,9

23)

92

(530

,018

) (8

10,5

43)

(4,5

06,1

40)

48,

418

(79,

251)

(277

,603

)

Tota

l Inc

ome

(A)

4,4

06

71,

958

94,

725

9,1

77

(29

1,52

2) (

161,

752)

1,1

40,2

51

197

,021

1

49,0

47

(15

6,17

6)

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- 1

0,30

1 -

- 3

9,34

9 8

3,32

5 -

- -

-

Fund

Man

agem

ent E

xpen

ses

320

8

,241

7

,745

6

83

31,

480

99,

990

1,3

23,1

33

53,

193

52,

595

16,

838

Oth

er c

harg

es F

-5

403

9

,744

1

3,97

2 5

81

41,

605

99,

537

2,8

69,8

78

175

,272

3

9,01

7 2

8,94

6

Expr

opria

tion/

Apro

pria

tion

Char

ges

1

89

122

(1

2) (8

,491

) (2

5,93

3) 2

71,6

99

10,

889

13,

827

(4,6

00)

Tota

l Exp

ense

s (B

) 7

24

28,

375

21,

839

1,2

52

103

,943

2

56,9

19

4,4

64,7

10

239

,354

1

05,4

39

41,

184

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

3,6

82

43,

583

72,

886

7,9

25

(39

5,46

5) (

418,

671)

(3,

324,

459)

(42

,333

) 4

3,60

8 (

197,

360)

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

42,

218

332,

675

501

,191

5

5,27

1 2

,767

,744

4

,456

,032

1

5,98

7,50

3 2

26,5

20

1,3

58,2

41

1,2

43,9

40

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 4

5,90

0 37

6,25

8 5

74,0

77

63,

196

2,3

72,2

79

4,0

37,3

61

12,

663,

044

184

,187

1

,401

,849

1

,046

,580

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sch

edul

e C

ash

Plus

Pen

sion

Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

(2

94)

396,

417

461

,189

2

5,69

7 5

60,2

81

2,2

42,4

24

59,

989,

476

4,5

88,0

83

2,2

53,4

23

498

,762

Rev

enue

Acc

ount

4

5,90

0 37

6,25

8 5

74,0

77

63,

196

2,3

72,2

79

4,0

37,3

61

12,

663,

044

184

,187

1

,401

,849

1

,046

,580

Tot

al

45,

606

772,

675

1,0

35,2

66

88,

893

2,9

32,5

60

6,2

79,7

85

72,

652,

520

4,7

72,2

70

3,6

55,2

72

1,5

45,3

42

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

45,

024

783,

378

940

,046

1

05,4

65

2,9

32,9

33

6,2

46,8

95

72,

451,

500

4,7

16,0

27

3,6

47,8

92

1,5

43,7

09

Cur

rent

Ass

ets

F -3

5

83

39,

657

125

,715

3

,674

7

85

105

,055

2

40,7

45

56,

435

11,

602

1,6

81

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

1

5

0,36

0 3

0,49

5 2

0,24

6 1

,158

7

2,16

5 3

9,72

5 1

92

4,2

22

48

Net

Cur

rent

Ass

ets

582

(1

0,70

3) 9

5,22

0 (1

6,57

2) (3

73)

32,

890

201

,020

5

6,24

3 7

,380

1

,633

Tot

al

45,

606

772

,675

1

,035

,266

8

8,89

3 2

,932

,560

6

,279

,785

7

2,65

2,52

0 4

,772

,270

3

,655

,272

1

,545

,342

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

45,

606

772

,675

1

,035

,266

8

8,89

3 2

,932

,560

6

,279

,785

7

2,65

2,52

0 4

,772

,270

3

,655

,272

1

,545

,342

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

2,5

17

50,

009

59,

417

4,9

06

123

,135

1

81,4

37

4,3

05,1

12

377

,414

1

94,4

77

48,

560

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)18

.116

015

.450

817

.423

818

.120

323

.815

834

.611

316

.875

912

.644

718

.795

431

.823

2

64

Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001Ap

pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sche

dule

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd

- II

Equ

ity

Mid

cap

Fund

E

quit

y M

idca

p Pe

nsio

n Fu

nd

Equ

ity

Mid

cap

Plus

Fun

d E

quit

y Pl

us

Fund

E

quit

y Pl

us

Pens

ion

Fund

Gro

up

Ass

et

Allo

cati

on

Fund

Gro

up B

lue

Chip

Fun

d

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

853

-

- -

- -

1,5

44

72

46,

453

-

Div

iden

d In

com

e 1

,194

,198

1

,647

1

00,0

71

19,

844

1,7

40

29,

354

134

,224

8

,330

1

5,72

9 1

13

Mis

cella

neou

s Inc

ome

81,

288

49

6,8

77

7,9

78

688

1

1,68

9 8

1,85

0 4

,849

2

8,48

0 9

6

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 8

83,7

82

568

2

0,71

1 2

4,72

7 2

,603

3

8,55

3 5

59,2

43

17,

477

9,0

99

(57)

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 6

31,3

21

7,2

24

55,

463

10,

037

1,5

39

23,

473

1,2

42

17,

603

(29,

581)

354

Unr

ealis

ed G

ain/

(Los

s) (9

,998

,890

) (1

9,75

9) (7

57,9

88)

(89,

264)

(9,0

33)

(153

,599

) (7

75,6

24)

(28,

650)

(33,

421)

970

Tota

l Inc

ome

(A)

(7,

207,

448)

(10

,271

) (

574,

866)

(26

,678

) (

2,46

3) (

50,5

30)

2,4

79

19,

681

36,

759

1,4

76

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- 1

3,00

8 -

- -

- -

-

Fund

Man

agem

ent E

xpen

ses

1,0

31,0

97

1,1

13

87,

014

15,

610

1,3

61

22,

988

140

,258

7

,943

1

9,96

1 1

06

Oth

er c

harg

es F

-5

4,3

50,8

81

827

8

8,00

3 1

5,57

3 5

52

17,

973

133

,656

3

,796

6

3,54

6 5

29

Expr

opria

tion/

Apro

pria

tion

Char

ges

210

,178

3

21

17,

282

(3,9

50)

(358

) (5

,780

) (3

5,96

6) 2

,268

3

,613

-

Tota

l Exp

ense

s (B

) 5

,592

,156

2

,261

1

92,2

99

40,

241

1,5

55

35,

181

237

,948

1

4,00

7 8

7,12

0 6

35

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

(12

,799

,604

) (

12,5

32)

(76

7,16

5) (

66,9

19)

(4,

018)

(85

,711

) (

235,

469)

5,6

74

(50

,361

) 8

41

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

11,

270,

856

121

,032

1

,468

,430

9

34,4

12

142

,402

2

,072

,204

7

,176

,414

7

06,5

86

22,

744

-

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r (1

,528

,748

) 1

08,5

00

701

,265

8

67,4

93

138

,384

1

,986

,493

6

,940

,945

7

12,2

60

(27,

617)

841

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sche

dule

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd

- II

Equ

ity

Mid

cap

Fund

E

quit

y M

idca

p Pe

nsio

n Fu

nd

Equ

ity

Mid

cap

Plus

Fun

d E

quit

y Pl

us

Fund

E

quit

y Pl

us

Pens

ion

Fund

Gro

up

Ass

et

Allo

cati

on

Fund

Gro

up B

lue

Chip

Fun

d

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

81,

745,

744

(7,2

43)

6,1

44,3

46

109

,661

(5

1,84

1) (5

34,7

85)

1,6

37,2

10

(231

,698

) 2

,198

,554

4

6,49

9

Reve

nue

Acco

unt

(1,5

28,7

48)

108

,500

7

01,2

65

867

,493

1

38,3

84

1,9

86,4

93

6,9

40,9

45

712

,260

(2

7,61

7) 8

41

Tota

l 8

0,21

6,99

6 1

01,2

57

6,8

45,6

11

977

,154

8

6,54

3 1

,451

,708

8

,578

,155

4

80,5

62

2,1

70,9

37

47,

340

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

79,

226,

770

101

,249

6

,834

,693

9

77,1

72

87,

347

1,4

49,2

29

8,5

31,8

27

479

,788

2

,040

,741

3

0,59

5

Curr

ent A

sset

s F

-3

1,0

11,4

67

111

1

1,17

7 2

,606

1

38

3,0

32

46,

715

900

1

30,2

75

16,

746

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

21,

241

103

2

59

2,6

24

942

5

53

387

1

26

79

1

Net

Cur

rent

Ass

ets

990

,226

8

1

0,91

8 (1

8) (8

04)

2,4

79

46,

328

774

1

30,1

96

16,

745

Tota

l 8

0,21

6,99

6 1

01,2

57

6,8

45,6

11

977

,154

8

6,54

3 1

,451

,708

8

,578

,155

4

80,5

62

2,1

70,9

37

47,

340

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

80,

216,

996

101

,257

6

,845

,611

9

77,1

54

86,

543

1,4

51,7

08

8,5

78,1

55

480

,562

2

,170

,937

4

7,34

0

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

4,7

19,1

71

3,6

00

410

,714

3

4,28

5 2

,135

4

0,16

0 2

26,0

86

11,

993

176

,894

4

,780

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)16

.998

128

.126

116

.667

628

.501

140

.543

136

.147

837

.942

140

.071

312

.272

59.

9045

65


pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sche

dule

G

roup

Deb

t Fun

d G

roup

Equ

ity

Inde

x Fu

nd

Gro

up E

quit

y Fu

nd

Gro

up

Gro

wth

Fu

nd -

I

Gro

up G

row

th

Fund

II

Gro

up L

iqui

d Fu

nd

Gro

up R

etur

n Sh

ield

Fun

d G

roup

Sho

rt

Term

Deb

t Fu

nd

Gro

up

Shor

t Te

rm D

ebt

Fund

II

Gro

wth

Plu

s Fu

nd I

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

59,

823

- -

- 5

,925

4

,489

3

,300

2

1,08

7 -

17,

190

Div

iden

d In

com

e -

21,

921

326

-

- -

17

- -

-

Mis

cella

neou

s Inc

ome

17,

353

1,8

82

684

-

1,0

45

19,

856

734

3

,091

1

75

2,4

12

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 4

,243

(9

,067

) 6

66

- 4

5 2

44

33

193

2

6

70

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t (1

,641

) (5

,745

) (2

48)

- (1

0) 3

(5

) (2

2,32

5) -

(1,0

96)

Unr

ealis

ed G

ain/

(Los

s) 6

08

(133

,977

) 3

,040

-

811

-

644

8

,577

-

(2,5

53)

Tota

l Inc

ome

(A)

80,

386

(12

4,98

6) 4

,468

-

7,8

16

24,

592

4,7

23

10,

623

177

1

6,62

3

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

- -

Fund

Man

agem

ent E

xpen

ses

8,5

62

23,

238

496

-

756

1

,791

5

88

2,3

44

19

3,0

63

Oth

er c

harg

es F

-5

13,

966

57,

791

1,8

29

- 1

05

3,4

63

1,7

00

773

3

36

5,6

49

Expr

opria

tion/

Apro

pria

tion

Char

ges

77

3,0

24

- -

- 2

-

77

- 2

3

Tota

l Exp

ense

s (B

) 2

2,60

5 8

4,05

3 2

,325

-

861

5

,256

2

,288

3

,194

3

55

8,7

35

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

57,

781

(20

9,03

9) 2

,143

-

6,9

55

19,

336

2,4

35

7,4

29

(17

8) 7

,888

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

242

,629

2

,228

-

54,

135

- 3

8,22

6 -

90,

719

- 6

,979

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 3

00,4

10

(206

,811

) 2

,143

5

4,13

5 6

,955

5

7,56

2 2

,435

9

8,14

8 (1

78)

14,

867

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sche

dule

G

roup

Deb

t Fun

d G

roup

Equ

ity

Inde

x Fu

nd

Gro

up E

quit

y Fu

nd

Gro

up

Gro

wth

Fu

nd -

I

Gro

up G

row

th

Fund

II

Gro

up L

iqui

d Fu

nd

Gro

up R

etur

n Sh

ield

Fun

d G

roup

Sho

rt

Term

Deb

t Fu

nd

Gro

up

Shor

t Te

rm D

ebt

Fund

II

Gro

wth

Plu

s Fu

nd I

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

676

,236

1

,952

,009

1

34,1

48

(54,

135)

185

,376

2

68,0

58

102

,722

(1

3,71

8) 2

4,06

8 2

15,5

99

Reve

nue

Acco

unt

300

,410

(2

06,8

11)

2,1

43

54,

135

6,9

55

57,

562

2,4

35

98,

148

(178

) 1

4,86

7

Tot

al

976

,646

1

,745

,198

1

36,2

91

- 1

92,3

31

325

,620

1

05,1

57

84,

430

23,

890

230

,466

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

813

,316

1

,732

,985

1

09,1

01

- 1

82,7

98

319

,175

9

9,30

4 7

9,61

6 2

3,60

5 2

20,7

29

Curr

ent A

sset

s F

-3

193

,744

1

2,29

1 2

7,19

4 -

9,5

39

6,4

52

5,8

71

4,8

22

286

9

,805

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

30,

414

78

4

- 6

7

1

8 8

1

6

8

Net

Cur

rent

Ass

ets

163

,330

1

2,21

3 2

7,19

0 -

9,5

33

6,4

45

5,8

53

4,8

14

285

9

,737

Tot

al

976

,646

1

,745

,198

1

36,2

91

- 1

92,3

31

325

,620

1

05,1

57

84,

430

23,

890

230

,466

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

976

,646

1

,745

,198

1

36,2

91

- 1

92,3

31

325

,620

1

05,1

57

84,

430

23,

890

230

,466

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

67,

296

175

,201

1

3,37

0 -

18,

194

23,

755

10,

018

6,7

85

2,2

84

20,

432

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)14

.512

69.

9611

10.1

938

10.5

710

13.7

072

10.4

966

12.4

431

10.4

587

11.2

796

66


pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sche

dule

G

row

th P

lus

Fund

II

Gro

wth

Pl

us F

und

III

Gua

rant

eed

Bond

Fun

d L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fu

nd

Pre

mie

r Bo

nd F

und

Pre

mie

r Deb

t Fun

d

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

- 1

63

25,

494

11,

680

65,

327

5,3

02

- 1

94

- 2

6,60

1 6

,212

Div

iden

d In

com

e -

721

-

- -

- 5

7,09

6 6

,327

-

- -

Mis

cella

neou

s Inc

ome

519

3

76

1,8

08

5,4

43

161

,423

1

8,47

6 1

72,0

56

16,

624

- 7

,043

3

,630

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 1

55

1,0

25

319

(4

28)

1,4

09

202

(1

,056

) (3

,029

) -

(953

) (1

77)

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t -

585

6

22

(49)

6

2

(8,7

70)

22

- (4

84)

(581

)

Unr

ealis

ed G

ain/

(Los

s) (1

,453

) (8

82)

(16,

333)

(2,1

06)

- -

(202

,181

) (1

0,46

6) -

(211

) 3

95

Tota

l Inc

ome

(A)

(77

9) 1

,988

1

1,91

0 1

4,54

0 2

28,1

65

23,

982

17,

145

9,6

72

- 3

1,99

6 9

,479

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- 2

,598

-

- 1

6,45

5 1

,672

-

- -

Fund

Man

agem

ent E

xpen

ses

804

6

50

2,9

82

2,0

78

22,

712

2,3

77

82,

270

8,3

58

- 1

0,25

1 2

,460

Oth

er c

harg

es F

-5

1,9

48

1,2

54

11,

991

1,2

48

157

,657

1

,583

3

91,9

64

44,

598

- 5

,180

1

,661

Expr

opria

tion/

Apro

pria

tion

Char

ges

6

5

- (2

0) 2

1 (2

) 1

9,20

0 1

,809

-

(39)

(12)

Tota

l Exp

ense

s (B

) 2

,758

1

,909

1

4,97

3 5

,904

1

80,3

90

3,9

58

509

,889

5

6,43

7 -

15,

392

4,1

09

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

(3,

537)

79

(3,

063)

8,6

36

47,

775

20,

024

(49

2,74

4) (

46,7

65)

- 1

6,60

4 5

,370

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

(10,

193)

3,0

34

- 4

7,11

8 (1

67,1

43)

20,

938

(134

,922

) (1

,573

) -

62,

237

44,

366

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r (1

3,73

0) 3

,113

(3

,063

) 5

5,75

4 (1

19,3

68)

40,

962

(627

,666

) (4

8,33

8) -

78,

841

49,

736

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sche

dule

G

row

th P

lus

Fund

II

Gro

wth

Pl

us F

und

III

Gua

rant

eed

Bond

Fun

d L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fu

nd

Pre

mie

r Bo

nd F

und

Pre

mie

r Deb

t Fun

d

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

7

1,98

0 4

6,60

2 1

,919

,190

1

66,5

71

2,7

65,4

14

215

,353

9

,477

,130

9

67,8

22

- 2

72,8

07

53,

172

Rev

enue

Acc

ount

(1

3,73

0) 3

,113

(3

,063

) 5

5,75

4 (1

19,3

68)

40,

962

(627

,666

) (4

8,33

8) -

78,

841

49,

736

Tot

al

58,

250

49,

715

1,9

16,1

27

222

,325

2

,646

,046

2

56,3

15

8,8

49,4

64

919

,484

-

351

,648

1

02,9

08

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

58,

205

48,

775

1,6

24,0

14

215

,122

2

,591

,186

2

53,1

53

8,6

46,1

97

908

,681

-

347

,257

1

08,9

84

Cur

rent

Ass

ets

F -3

7

7 9

42

342

,411

7

,218

5

4,93

8 3

,885

2

03,6

58

10,

844

- 1

4,59

9 4

,048

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

3

2 2

5

0,29

8 1

5 7

8 7

23

391

4

1 -

10,

208

10,

124

Net

Cur

rent

Ass

ets

45

940

2

92,1

13

7,2

03

54,

860

3,1

62

203

,267

1

0,80

3 -

4,3

91

(6,0

76)

Tot

al

58,

250

49,

715

1,9

16,1

27

222

,325

2

,646

,046

2

56,3

15

8,8

49,4

64

919

,484

-

351

,648

1

02,9

08

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

58,

250

49,

715

1,9

16,1

27

222

,325

2

,646

,046

2

56,3

15

8,8

49,4

64

919

,484

-

351

,648

1

02,9

08

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

6,7

69

4,4

99

187

,566

1

6,08

5 1

64,9

58

15,

886

802

,001

9

0,70

2 -

24,

143

6,6

33

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)8.

6050

11.0

514

10.2

157

13.8

220

16.0

407

16.1

350

11.0

342

10.1

374

0.00

0014

.565

115

.514

7

67


pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sche

dule

P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty F

und

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

- 5

7 1

86

- -

- -

Div

iden

d In

com

e 4

,501

8

,205

2

5,73

1 1

7,53

1 1

1,92

2 6

2,04

8 2

,662

Mis

cella

neou

s Inc

ome

52

5,2

93

15,

056

361

6

,508

4

5,46

2 -

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 2

,078

1

5,52

1 3

9,77

0 4

,208

2

2,12

9 9

8,95

1 5

,275

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 1

7,49

5 4

,213

1

3,50

8 4

4,33

4 7

,315

(1

8,45

7) (3

,463

)

Unr

ealis

ed G

ain/

(Los

s) (5

2,28

2) (1

3,31

4) (3

2,61

4) (1

77,7

69)

(42,

263)

(132

,034

) (3

,125

)

Tota

l Inc

ome

(A)

(28

,156

) 1

9,97

5 6

1,63

7 (

111,

335)

5,6

11

55,

970

1,3

49

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

-

Fund

Man

agem

ent E

xpen

ses

6,8

02

11,

948

45,

832

32,

330

11,

927

58,

524

3,0

40

Oth

er c

harg

es F

-5

5,4

85

9,5

18

30,

294

21,

842

46,

180

255

,743

2

,614

Expr

opria

tion/

Apro

pria

tion

Char

ges

(826

) (1

,960

) (6

,224

) (3

,221

) (3

,015

) 1

4,62

7 6

78

Tota

l Exp

ense

s (B

) 1

1,46

1 1

9,50

6 6

9,90

2 5

0,95

1 5

5,09

2 3

28,8

94

6,3

32

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

(39

,617

) 4

69

(8,

265)

(16

2,28

6) (

49,4

81)

(27

2,92

4) (

4,98

3)

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

227

,988

4

13,2

32

522

,916

2

81,6

42

335

,885

5

34,8

18

25,

242

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 1

88,3

71

413

,701

5

14,6

51

119

,356

2

86,4

04

261

,894

2

0,25

9

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sche

dule

P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty F

und

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

8

1,38

1 7

1,16

9 9

97,2

23

932

,076

4

35,4

88

4,1

12,8

51

238

,625

Rev

enue

Acc

ount

1

88,3

71

413

,701

5

14,6

51

119

,356

2

86,4

04

261

,894

2

0,25

9

Tot

al

269

,752

4

84,8

70

1,5

11,8

74

1,0

51,4

32

721

,892

4

,374

,745

2

58,8

84

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

270

,189

4

85,7

15

1,5

11,4

63

1,0

52,2

95

722

,083

4

,362

,293

2

22,5

01

Cur

rent

Ass

ets

F -3

1

46

749

2

,233

2

80

211

1

2,63

0 3

6,39

3

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

5

83

1,5

94

1,8

22

1,1

43

402

1

78

10

Net

Cur

rent

Ass

ets

(437

) (8

45)

411

(8

63)

(191

) 1

2,45

2 3

6,38

3

Tot

al

269

,752

4

84,8

70

1,5

11,8

74

1,0

51,4

32

721

,892

4

,374

,745

2

58,8

84

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

269

,752

4

84,8

70

1,5

11,8

74

1,0

51,4

32

721

,892

4

,374

,745

2

58,8

84

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

15,

405

22,

041

88,

415

67,

661

30,

743

200

,357

1

4,62

4

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)17

.511

221

.998

717

.099

715

.539

823

.481

321

.834

717

.703

1

68


pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Part

icul

ars

Sche

dule

S

ecur

e Fu

nd

Shi

eld

Plus

Fun

d I

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fu

nd II

I S

hiel

d Pl

us F

und

IV

Sta

ble

Fund

T

otal

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

81,

914

210

,951

5

5,36

5 8

2,54

0 7

,700

6

8,36

5 3

,459

,960

Div

iden

d In

com

e 2

,792

5

,384

1

,250

3

60

46

6,1

94

3,6

72,1

33

Mis

cella

neou

s Inc

ome

23,

789

23,

996

10,

985

15,

945

1,8

39

20,

905

2,6

33,4

33

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e (5

,124

) (5

,878

) (8

79)

1,1

60

129

(2

,014

) 6

,575

,066

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 1

1,35

9 2

0,21

4 4

,567

(4

,120

) 3

4 7

3,52

3 9

23,9

58

Unr

ealis

ed G

ain/

(Los

s) (2

3,28

1) (5

0,38

5) (1

4,60

8) (8

,053

) (3

42)

(78,

821)

(20

,928

,753

)

Tota

l Inc

ome

(A)

91,

449

204

,282

5

6,68

0 8

7,83

2 9

,406

8

8,15

2 (

3,66

4,20

3)

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

176

,431

Fund

Man

agem

ent E

xpen

ses

15,

848

39,

011

10,

704

15,

227

1,5

31

16,

130

4,2

66,6

00

Oth

er c

harg

es F

-5

10,

903

73,

228

19,

931

26,

115

3,0

17

2,2

10

12,

377,

604

Expr

opria

tion/

Apro

pria

tion

Char

ges

531

(2

90)

(79)

105

-

2,8

63

650

,648

Tota

l Exp

ense

s (B

) 2

7,28

2 1

11,9

49

30,

556

41,

447

4,5

48

21,

203

17,

471,

283

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A

-B)

64,

167

92,

333

26,

124

46,

385

4,8

58

66,

949

(21

,135

,486

)

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

160

,539

1

34,1

39

20,

916

11,

412

- 3

93,0

50

60,

839,

022

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 2

24,7

06

226

,472

4

7,04

0 5

7,79

7 4

,858

4

59,9

99

39,

703,

536

(Am

ount

in R

s.’ 0

00)

(Am

ount

in R

s.’ 0

00)

Part

icul

ars

Sche

dule

S

ecur

e Fu

nd

Shi

eld

Plus

Fun

d I

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fu

nd II

I S

hiel

d Pl

us F

und

IV

Sta

ble

Fund

T

otal

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

1,2

21,2

08

2,7

21,2

75

764

,626

1

,094

,898

1

45,9

03

248

,697

2

60,1

34,7

25

Reve

nue

Acco

unt

224

,706

2

26,4

72

47,

040

57,

797

4,8

58

459

,999

3

9,70

3,53

6

Tot

al

1,4

45,9

14

2,9

47,7

47

811

,666

1

,152

,695

1

50,7

61

708

,696

2

99,8

38,2

61

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

1,3

62,9

01

2,7

95,2

52

770

,268

1

,091

,766

1

42,5

51

587

,584

29

4,59

3,83

5

Curr

ent A

sset

s F

-3

83,

064

153

,498

4

1,69

2 6

1,26

2 8

,247

1

21,1

62

5,66

6,23

4

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

51

1,0

03

294

3

33

37

50

421,

808

Net

Cur

rent

Ass

ets

83,

013

152

,495

4

1,39

8 6

0,92

9 8

,210

1

21,1

12

5,24

4,42

6

Tot

al

1,4

45,9

14

2,9

47,7

47

811

,666

1

,152

,695

1

50,7

61

708

,696

29

9,83

8,26

1

(a) N

et A

sset

s as p

er B

alan

ce S

heet

(Rs

. in

thou

sand

s)

1,4

45,9

14

2,9

47,7

47

811

,666

1

,152

,695

1

50,7

61

708

,696

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

76,

065

258

,767

7

2,52

7 1

04,6

96

14,

219

36,

673

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

)19

.008

811

.391

511

.191

311

.010

010

.602

819

.324

2

69


pend

ix II

Ref

er S

ched

ule

16 N

ote

24

|

Form

A-R

A (U

L)

Fund

Rev

enue

Acc

ount

for t

he y

ear e

nded

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

|

Fo

rm A

-BS

(UL)

Fund

Bal

ance

She

et a

s at

31s

t Mar

ch 2

012

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F1

: PO

LICY

HO

LDER

S’ C

ON

TRIB

UTI

ON

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fun

d A

sset

Allo

cati

on

Pens

ion

Fund

A

ssur

ed R

etur

n Fu

nd

Bal

ance

d Fu

nd

Bal

ance

d Pl

us

Fund

B

alan

ced

Plus

Pe

nsio

n Fu

nd

Ope

ning

Bal

ance

6

,507

,536

1

,728

,395

9

58,7

61

(1,7

99)

39,

880,

094

2,6

41,7

60

79,

858

1,1

05,9

78

737

,748

8

2,14

9

Add

: Ad

ditio

n du

ring

the

year

1

,188

,727

1

,229

,805

3

34,1

74

3,4

90

7,0

90,0

46

685

,331

1

52,1

09

2,4

24,7

17

2,2

66,8

62

199

,471

Les

s : D

educ

tion

durin

g th

e ye

ar

1,8

13,3

28

217

,993

2

55,8

47

5,1

05

7,1

06,9

50

528

,919

1

0,07

6 3

,530

,695

3

,004

,610

2

81,6

20

Clo

sing

Bal

ance

5

,882

,935

2

,740

,207

1

,037

,088

(

3,41

4) 3

9,86

3,19

0 2

,798

,172

2

21,8

91

- -

-

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee

Fund

- 201

2

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fu

nd- 2

017

Cap

ital

Shi

eld-

I C

apit

al S

hiel

d-II

Cas

h Fu

nd

Cas

h Pl

us F

und

Ope

ning

Bal

ance

1

,040

,916

7

,359

,619

1

,576

,192

6

1,58

3 4

,443

2

5,23

1 7

97,6

51

481

,973

5

66,7

90

350

,529

Add

: Ad

ditio

n du

ring

the

year

7

91,2

49

4,7

93,8

63

1,2

24,0

58

29

- -

117

1

18

118

,732

3

30,6

18

Les

s : D

educ

tion

durin

g th

e ye

ar

205

,044

4

,371

,642

1

,009

,316

5

4,65

2 1

,283

5

,783

1

06,3

26

64,

642

229

,998

4

64,0

98

Clo

sing

Bal

ance

1

,627

,121

7

,781

,840

1

,790

,934

6

,960

3

,160

1

9,44

8 6

91,4

42

417

,449

4

55,5

24

217

,049

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

E

quit

y G

row

th

Pens

ion

Fund

Equ

ity

Inde

x Fu

nd

Ope

ning

Bal

ance

8

,979

1

47,3

72

421

,079

3

2,11

3 3

03,0

92

3,5

09,6

05

68,

067,

574

3,2

13,6

63

2,9

24,0

80

373

,388

Add

: Ad

ditio

n du

ring

the

year

3

0,70

9 8

22,1

54

858

,850

1

00,5

17

646

,910

2

80,1

82

6,0

13,7

39

1,7

23,4

23

628

,158

4

65,2

29

Les

s : D

educ

tion

durin

g th

e ye

ar

39,

982

573

,109

8

18,7

40

106

,933

3

89,7

21

1,5

47,3

63

14,

091,

837

349

,003

1

,298

,815

3

39,8

55

Clo

sing

Bal

ance

(

294)

396

,417

4

61,1

89

25,

697

560

,281

2

,242

,424

5

9,98

9,47

6 4

,588

,083

2

,253

,423

4

98,7

62

Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us

Fund

E

quit

y Pl

us F

und

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up B

lue

Chip

Fu

nd

Ope

ning

Bal

ance

8

2,58

9,35

3 (2

5,12

1) 6

,279

,520

2

78,4

90

(32,

906)

(296

,271

) 3

,877

,133

(4

,811

) 1

,390

,254

-

Add

: Ad

ditio

n du

ring

the

year

1

4,11

9,79

3 5

0,95

6 1

,778

,249

6

0,59

3 2

0,17

9 1

13,6

88

564

,430

5

6,22

7 9

20,4

43

47,

132

Les

s : D

educ

tion

durin

g th

e ye

ar

14,

963,

402

33,

078

1,9

13,4

23

229

,422

3

9,11

4 3

52,2

02

2,8

04,3

53

283

,114

1

12,1

43

633

Clo

sing

Bal

ance

8

1,74

5,74

4 (

7,24

3) 6

,144

,346

1

09,6

61

(51

,841

) (

534,

785)

1,6

37,2

10

(23

1,69

8) 2

,198

,554

4

6,49

9

Par

ticu

lars

G

roup

Deb

t Fu

nd

Gro

up E

quit

y In

dex

Fund

G

roup

Equ

ity

Fund

G

roup

Gro

wth

Fu

nd -

I G

roup

Gro

wth

Fun

d II

Gro

up L

iqui

d Fu

nd

Gro

up R

etur

n Sh

ield

Fun

d G

roup

Sho

rt

Term

Deb

t Fun

d G

roup

Sho

rt

Term

Deb

t Fu

nd II

Gro

wth

Plu

s Fu

nd I

Ope

ning

Bal

ance

6

22,3

18

1,5

88,6

54

- (5

4,08

1) -

179

,639

-

679

,867

-

221

,343

Add

: Ad

ditio

n du

ring

the

year

5

14,9

02

506

,283

1

36,6

14

- 1

85,3

77

150

,935

1

05,4

31

128

,087

2

4,06

9 4

2

Les

s : D

educ

tion

durin

g th

e ye

ar

460

,984

1

42,9

28

2,4

66

54

1

62,

516

2,7

09

821

,672

1

5

,786

Clo

sing

Bal

ance

6

76,2

36

1,9

52,0

09

134

,148

(

54,1

35)

185

,376

2

68,0

58

102

,722

(

13,7

18)

24,

068

215

,599

(Am

ount

in R

s '00

0)

70


Par

ticu

lars

G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I G

uara

ntee

d Bo

nd

Fund

L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fu

nd

Pre

mie

r Bon

d Fu

nd

Ope

ning

Bal

ance

7

3,10

5 4

7,52

7 -

157

,682

2

,280

,791

2

28,3

42

6,2

20,6

81

592

,281

5

3,38

9 3

26,2

66

Add

: Ad

ditio

n du

ring

the

year

4

1

,715

2

,068

,111

7

1,40

9 1

,349

,264

2

38,6

01

3,3

05,5

13

472

,912

1

16,8

56

169

,188

Les

s : D

educ

tion

durin

g th

e ye

ar

1,1

29

2,6

40

148

,921

6

2,52

0 8

64,6

41

251

,590

4

9,06

4 9

7,37

1 1

70,2

45

222

,647

Clo

sing

Bal

ance

7

1,98

0 4

6,60

2 1

,919

,190

1

66,5

71

2,7

65,4

14

215

,353

9

,477

,130

9

67,8

22

0 2

72,8

07

Par

ticu

lars

P

rem

ier D

ebt

Fund

P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty F

und

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

Sec

ure

Fund

S

hiel

d Pl

us F

und

I

Ope

ning

Bal

ance

4

9,33

6 1

10,0

70

187

,050

1

,384

,881

1

,145

,644

5

90,8

52

4,0

02,0

34

185

,933

9

64,0

41

2,7

58,3

09

Add

: Ad

ditio

n du

ring

the

year

8

3,83

2 4

1,70

6 2

5,18

9 4

5,77

2 9

9,77

3 3

7,44

5 8

68,1

66

79,

658

479

,737

2

60

Les

s : D

educ

tion

durin

g th

e ye

ar

79,

996

70,

395

141

,070

4

33,4

30

313

,341

1

92,8

09

757

,349

2

6,96

6 2

22,5

70

37,

294

Clo

sing

Bal

ance

5

3,17

2 8

1,38

1 7

1,16

9 9

97,2

23

932

,076

4

35,4

88

4,1

12,8

51

238

,625

1

,221

,208

2

,721

,275

Par

ticu

lars

S

hiel

d Pl

us

Fund

II

Shi

eld

Plus

Fun

d III

S

hiel

d Pl

us F

und IV

S

tabl

e Fu

nd

Tot

al

Ope

ning

Bal

ance

7

70,4

52

1,1

20,5

21

- 2

,473

,763

2

68,0

02,6

83

Add

: Ad

ditio

n du

ring

the

year

2

9 4

,838

1

59,6

49

69,

169

63,

675,

613

Les

s : D

educ

tion

durin

g th

e ye

ar

5,8

55

30,

461

13,

746

2,2

94,2

35

71,

543,

571

Clo

sing

Bal

ance

7

64,6

26

1,0

94,8

98

145

,903

2

48,6

97

260

,134

,725

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F1

: PO

LICY

HO

LDER

S’ C

ON

TRIB

UTI

ON

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

(Am

ount

in R

s '00

0)

71

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)

Part

icul

ars

Acc

Mid

Cap

Fu

nd

Acc

Mid

Cap

Fu

nd II

A

cc M

id C

ap

Pens

ion

Fund

A

ccel

erat

ed F

und

Ass

et A

lloca

tion

Fu

nd

Ass

et A

lloca

tion

Pe

nsio

n Fu

nd

Ass

ured

Ret

urn

Fund

B

alan

ced

Fund

B

alan

ced

Plus

Fu

nd

Bal

ance

d Pl

us

Pens

ion

Fund

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

- 1,

751,

627

390,

403

45,3

99 -

- -

Cor

pora

te B

onds

-

- -

3,05

84,

772,

949

114,

482

- -

- -

Infr

astr

uctu

re B

onds

-

- -

5,18

69,

922,

718

670,

348

108,

389

- -

-

Equ

ity

5,71

7,24

01,

641,

824

809,

816

8,74

715

,683

,851

1,23

0,62

3 -

- -

-

Mon

ey M

arke

t 74

6,19

934

9,78

314

1,44

12,

987

1,93

6,51

739

3,99

518

,024

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

- -

2,90

01,

608,

480

173,

600

28,0

00 -

- -

Equ

ity L

inke

d D

eben

ture

-

- -

- 46

3,85

2 -

- -

- -

Tot

al

6,46

3,43

91,

991,

607

951,

257

22,8

7836

,139

,994

2,97

3,45

119

9,81

2 -

- -

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- 42

2,35

6 -

- -

- -

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

1,82

6,00

948

7,57

624

1,91

358

31,

842,

725

145,

011

- -

- -

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Ven

ture

Cap

ital F

und

- -

- -

21,7

93 -

- -

- -

Tot

al

1,8

26,0

09

487

,576

2

41,9

13

583

2

,286

,874

1

45,0

11

- -

- -

Gra

nd T

otal

8

,289

,448

2

,479

,183

1

,193

,170

2

3,46

1 3

8,42

6,86

8 3

,118

,462

1

99,8

12

- -

-

% o

f App

rove

d to

Tot

al77

.97%

80.3

3%79

.73%

97.5

2%94

.05%

95.3

5%10

0.00

% -

- -

% o

f Oth

er th

an A

ppro

ved

to T

otal

22.0

3%19

.67%

20.2

7%2.

48%

5.95

%4.

65%

0.00

% -

- -

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

2 : I

NV

ESTM

ENTS

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

(Am

ount

in R

s '0

00 )

72


Part

icul

ars

Blu

e Ch

ip

Equi

ty F

und

Bon

d Fu

nd

Bon

d Pe

nsio

n Fu

nd

Cap

ital

Gua

rant

ee

Fund

- 201

2 C

apit

al G

uara

ntee

Fu

nd- 2

014

Cap

ital

Gua

rant

ee

Fund

- 201

7 C

apit

al S

hiel

d-I

Cap

ital

Shi

eld-

II C

ash

Fund

C

ash

Plus

Fun

d

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

714,

217

146,

000

2,51

01,

683

11,6

59 -

- -

-

Cor

pora

te B

onds

-

1,11

2,42

125

1,60

2 -

- -

185,

574

- -

-

Infr

astr

uctu

re B

onds

-

1,76

9,64

173

8,30

32,

001

- 2,

259

426,

436

- -

-

Equ

ity

1,39

0,21

2 -

- -

1,66

613

,360

85,1

63 -

- -

Mon

ey M

arke

t 13

3,71

81,

768,

256

403,

798

12,6

06 -

600

400

2,59

865

6,10

977

2,88

1

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

1,79

0,69

047

1,50

03,

500

630

350

167,

960

- 85

,000

92,2

00

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

578,

068

- -

Tot

al

1,52

3,93

07,

155,

225

2,01

1,20

320

,617

3,97

928

,228

865,

533

580,

666

741,

109

865,

081

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

110,

635

20,1

15 -

- -

- -

- -

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

- -

- -

6552

25,

179

- -

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Ven

ture

Cap

ital F

und

- -

- -

- -

- -

- -

Tot

al

- 1

10,6

35

20,

115

- 6

5 5

22

5,1

79

- -

-

Gra

nd T

otal

1

,523

,930

7

,265

,860

2

,031

,318

2

0,61

7 4

,044

2

8,75

0 8

70,7

12

580

,666

7

41,1

09

865

,081

% o

f App

rove

d to

Tot

al10

0.00

%98

.48%

99.0

1%10

0.00

%98

.39%

98.1

8%99

.41%

100.

00%

100.

00%

100.

00%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.00

%1.

52%

0.99

%0.

00%

1.61

%1.

82%

0.59

%0.

00%

0.00

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs '

000)

73

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)

Part

icul

ars

Cas

h Pl

us

Pens

ion

Fund

D

ebt F

und

Deb

t Plu

s Fu

nd

Deb

t Plu

s Pe

nsio

n Fu

nd

Equ

ity

Fund

E

quit

y G

ain

Fund

E

quit

y G

row

th

Fund

E

quit

y G

row

th

Fund

II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

135,

237

83,8

6820

,210

- -

- -

- -

Cor

pora

te B

onds

-

198,

466

177,

389

24,0

45 -

- -

- -

-

Infr

astr

uctu

re B

onds

-

209,

456

257,

117

3,37

3 -

- -

- -

-

Equ

ity

- -

- -

2,80

8,90

54,

934,

220

58,4

61,1

963,

876,

027

3,05

0,29

61,

478,

486

Mon

ey M

arke

t 39

,224

85,1

6114

7,66

443

,837

13,1

8217

9,23

59,

030,

082

587,

703

349,

009

7,40

2

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

5,

800

145,

000

263,

950

14,0

001,

000

100,

670

1,13

0,02

0 -

50,0

00 -

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

45,0

2477

3,32

092

9,98

810

5,46

52,

823,

087

5,21

4,12

568

,621

,298

4,46

3,73

03,

449,

305

1,48

5,88

8

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

10,0

5810

,058

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

- -

- -

109,

846

1,03

2,77

03,

830,

202

252,

297

198,

587

57,8

21

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Ven

ture

Cap

ital F

und

- -

- -

- -

- -

- -

Tot

al

- 1

0,05

8 1

0,05

8 -

109

,846

1

,032

,770

3

,830

,202

2

52,2

97

198

,587

5

7,82

1

Gra

nd T

otal

4

5,02

4 7

83,3

78

940

,046

1

05,4

65

2,9

32,9

33

6,2

46,8

95

72,

451,

500

4,7

16,0

27

3,6

47,8

92

1,5

43,7

09

% o

f App

rove

d to

Tot

al10

0.00

%98

.72%

98.9

3%10

0.00

%96

.25%

83.4

7%94

.71%

94.6

5%94

.56%

96.2

5%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.00

%1.

28%

1.07

%0.

00%

3.75

%16

.53%

5.29

%5.

35%

5.44

%3.

75%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs '

000)

74


Part

icul

ars

Equ

ity

Inde

x Fu

nd -

II E

quit

y In

dex

Pens

ion

Fund

E

quit

y In

dex

Pens

ion

Fund

- II

Equ

ity

Mid

cap

Fund

E

quit

y M

idca

p Pe

nsio

n Fu

nd

Equ

ity

Mid

cap

Plus

Fu

nd

Equ

ity

Plus

Fun

d E

quit

y Pl

us

Pens

ion

Fund

G

roup

Ass

et

Allo

cati

on F

und

Gro

up B

lue

Chip

Fun

d

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

- -

- -

- 15

,316

-

Corp

orat

e Bo

nds

- -

- -

- -

- -

12,7

23 -

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- 49

6,51

2 -

Equi

ty

75,1

47,5

4896

,999

6,53

2,74

769

0,22

560

,582

1,01

3,81

56,

532,

645

389,

773

712,

130

26,4

87

Mon

ey M

arke

t 1,

124,

782

400

46,4

7577

,395

8,59

913

1,44

969

9,88

364

,355

576,

338

4,10

8

Mut

ual F

und

- -

- -

- -

- -

- -

Bank

Fix

ed D

epos

its

11,1

00 -

- -

- -

32,9

0030

014

3,40

0 -

Equi

ty L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

76,2

83,4

3097

,399

6,57

9,22

276

7,62

069

,181

1,14

5,26

47,

265,

428

454,

428

1,95

6,41

930

,595

OTH

ER IN

VES

TMEN

TS

Corp

orat

e Bo

nds

- -

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equi

ty

2,94

3,34

03,

850

255,

471

209,

552

18,1

6630

3,96

51,

266,

399

25,3

6084

,322

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Vent

ure

Capi

tal F

und

- -

- -

- -

- -

- -

Tot

al

2,9

43,3

40

3,8

50

255

,471

2

09,5

52

18,

166

303

,965

1

,266

,399

2

5,36

0 8

4,32

2 -

Gra

nd T

otal

7

9,22

6,77

0 1

01,2

49

6,8

34,6

93

977

,172

8

7,34

7 1

,449

,229

8

,531

,827

4

79,7

88

2,0

40,7

41

30,

595

% o

f App

rove

d to

Tot

al96

.28%

96.2

0%96

.26%

78.5

6%79

.20%

79.0

3%85

.16%

94.7

1%95

.87%

100.

00%

% o

f Oth

er th

an A

ppro

ved

to T

otal

3.72

%3.

80%

3.74

%21

.44%

20.8

0%20

.97%

14.8

4%5.

29%

4.13

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs '

000)


75

Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24 Form A-RA (UL)

Part

icul

ars

Gro

up D

ebt

Fund

G

roup

Equ

ity

Inde

x Fu

nd

Gro

up E

quit

y Fu

nd

Gro

up G

row

th

Fund

- I

Gro

up G

row

th F

und

II G

roup

Liq

uid

Fund

G

roup

Ret

urn

Shie

ld F

und

Gro

up S

hort

Te

rm D

ebt F

und

Gro

up S

hort

Ter

m

Deb

t Fun

d II

Gro

wth

Plu

s Fu

nd I

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

30

,315

- -

- -

- -

9,27

8 -

-

Corp

orat

e Bo

nds

106,

895

- -

- -

- 9,

930

6,79

1 -

24,4

42

Infr

astr

uctu

re B

onds

25

8,87

3 -

- -

93,6

03 -

47,7

4842

,147

- 12

0,33

9

Equi

ty

- 1,

659,

329

84,6

23 -

- -

4,81

0 -

- -

Mon

ey M

arke

t 21

9,33

38,

809

18,9

68 -

5,39

529

8,67

54,

903

600

23,6

0515

,748

Mut

ual F

und

- -

- -

- -

- -

- -

Bank

Fix

ed D

epos

its

197,

900

- -

- 83

,800

20,5

0031

,600

20,8

00 -

60,2

00

Equi

ty L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

813,

316

1,66

8,13

810

3,59

1 -

182,

798

319,

175

98,9

9179

,616

23,6

0522

0,72

9

OTH

ER IN

VES

TMEN

TS

Corp

orat

e Bo

nds

- -

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equi

ty

- 64

,847

5,51

0 -

- -

313

- -

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Vent

ure

Capi

tal F

und

- -

- -

- -

- -

- -

Tot

al

- 6

4,84

7 5

,510

-

- -

313

-

- -

Gra

nd T

otal

8

13,3

16

1,7

32,9

85

109

,101

-

182

,798

3

19,1

75

99,

304

79,

616

23,

605

220

,729

% o

f App

rove

d to

Tot

al10

0.00

%96

.26%

94.9

5% -

100.

00%

100.

00%

99.6

8%10

0.00

%10

0.00

%10

0.00

%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.00

%3.

74%

5.05

% -

0.00

%0.

00%

0.32

%0.

00%

0.00

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs '

000)

76


Part

icul

ars

Gro

wth

Plu

s Fu

nd II

G

row

th P

lus

Fund

III

Gua

rant

eed

Bond

Fu

nd

Life

Lon

g G

ain

Fund

L

iqui

d Fu

nd

Liq

uid

Pens

ion

Fund

M

ax G

ain

Fund

I M

ax G

ain

Fund

II

Pre

mie

r Ba

lanc

ed F

und

Pre

mie

r Bon

d Fu

nd

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- 31

6,71

512

2,31

5 -

- -

- -

63,9

33

Cor

pora

te B

onds

-

1,00

597

,072

17,4

30 -

- -

- -

57,9

31

Infr

astr

uctu

re B

onds

-

- 84

4,68

535

,042

- -

205,

540

- -

88,8

91

Equ

ity

- 38

,350

- -

- -

5,28

2,70

458

8,77

9 -

-

Mon

ey M

arke

t 5,

989

5,03

748

,042

39,3

352,

133,

936

208,

653

2,94

1,29

929

5,95

0 -

65,8

02

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

1,90

031

7,50

01,

000

457,

250

44,5

00 -

- -

70,7

00

Equ

ity L

inke

d D

eben

ture

52

,216

- -

- -

- -

- -

-

Tot

al

58,2

0546

,292

1,62

4,01

421

5,12

22,

591,

186

253,

153

8,42

9,54

388

4,72

9 -

347,

257

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

- 2,

483

- -

- -

216,

654

23,9

52 -

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Ven

ture

Cap

ital F

und

- -

- -

- -

- -

- -

Tot

al

- 2

,483

-

- -

- 2

16,6

54

23,

952

- -

Gra

nd T

otal

5

8,20

5 4

8,77

5 1

,624

,014

2

15,1

22

2,5

91,1

86

253

,153

8

,646

,197

9

08,6

81

- 3

47,2

57

% o

f App

rove

d to

Tot

al10

0.00

%94

.91%

100.

00%

100.

00%

100.

00%

100.

00%

97.4

9%97

.36%

- 10

0.00

%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.00

%5.

09%

0.00

%0.

00%

0.00

%0.

00%

2.51

%2.

64%

- 0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs '

000)


77


Part

icul

ars

Pre

mie

r D

ebt F

und

Pre

mie

r Equ

ity

Fund

P

rem

ier E

quit

y G

ain

Fund

P

rem

ier E

quit

y G

row

th F

und

Pre

mie

r Equ

ity

Inde

x Fu

nd

Pur

e Eq

uity

Fun

d P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

Shi

eld

Plus

Fun

d I

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

10

,105

- -

- -

- -

- 25

3,44

7 -

Cor

pora

te B

onds

23

,598

- -

- -

- -

- 99

,680

147,

564

Infr

astr

uctu

re B

onds

11

,594

- -

- -

- -

- 42

8,48

81,

240,

091

Equ

ity

- 25

8,74

141

0,05

41,

267,

034

1,00

7,83

761

2,99

33,

624,

720

197,

244

165,

941

331,

392

Mon

ey M

arke

t 31

,987

1,19

948

,974

161,

412

4,99

041

,806

345,

248

- 24

5,29

531

,371

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

31

,700

- -

500

- -

- -

159,

000

1,02

5,00

0

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

108,

984

259,

940

459,

028

1,42

8,94

61,

012,

827

654,

799

3,96

9,96

819

7,24

41,

351,

851

2,77

5,41

8

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

- 10

,249

26,6

8782

,517

39,4

6867

,284

392,

325

25,2

5711

,050

19,8

34

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

- -

Ven

ture

Cap

ital F

und

- -

- -

- -

- -

- -

Tot

al

- 1

0,24

9 2

6,68

7 8

2,51

7 3

9,46

8 6

7,28

4 3

92,3

25

25,

257

11,

050

19,

834

Gra

nd T

otal

1

08,9

84

270

,189

4

85,7

15

1,5

11,4

63

1,0

52,2

95

722

,083

4

,362

,293

2

22,5

01

1,3

62,9

01

2,7

95,2

52

% o

f App

rove

d to

Tot

al10

0.00

%96

.21%

94.5

1%94

.54%

96.2

5%90

.68%

91.0

1%88

.65%

99.1

9%99

.29%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.00

%3.

79%

5.49

%5.

46%

3.75

%9.

32%

8.99

%11

.35%

0.81

%0.

71%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

2 : I

NV

ESTM

ENTS

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

(Am

ount

in R

s '00

0)

78


Part

icul

ars

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fun

d III

S

hiel

d Pl

us F

und

IV

Sta

ble

Fund

T

otal

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

95,5

034,

219,

740

Cor

pora

te B

onds

62

,127

97,9

938,

929

121,

155

7,73

5,25

1

Infr

astr

uctu

re B

onds

32

9,45

654

7,40

078

,903

105,

448

19,0

89,9

87

Equ

ity

90,8

0112

8,88

415

,401

176,

430

208,

340,

650

Mon

ey M

arke

t 22

,448

15,7

4099

932

,300

27,8

80,0

43

Mut

ual F

und

- -

- -

-

Ban

k Fi

xed

Dep

osits

26

0,00

029

4,00

037

,400

45,0

009,

483,

200

Equ

ity L

inke

d D

eben

ture

-

- -

- 1,

094,

136

Tot

al

764,

832

1,08

4,01

714

1,63

257

5,83

627

7,84

3,00

7

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- 57

3,22

2

Infr

astr

uctu

re B

onds

-

- -

- -

Equ

ity

5,43

67,

749

919

11,7

4816

,155

,813

Mon

ey M

arke

t -

- -

- -

Mut

ual F

und

- -

- -

-

Ven

ture

Cap

ital F

und

- -

- -

21,7

93

Tot

al

5,4

36

7,7

49

919

1

1,74

8 16

,750

,828

Gra

nd T

otal

7

70,2

68

1,0

91,7

66

142

,551

5

87,5

84

294,

593,

835

% o

f App

rove

d to

Tot

al99

.29%

99.2

9%99

.36%

98.0

0%94

.31%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.71

%0.

71%

0.64

%2.

00%

5.69

%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

2 : I

NV

ESTM

ENTS

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

(Am

ount

in R

s '00

0)


79


Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pen

sion

Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fu

nd

Ass

et A

lloca

tion

Pen

sion

Fu

nd

Ass

ured

Re

turn

Fun

d B

alan

ced

Fund

B

alan

ced

Plus

Fun

d B

alan

ced

Plus

Pe

nsio

n Fu

nd

Acc

ured

Inte

rest

-

- -

800

7

33,1

22

60,

872

8,1

01

- -

-

Ban

k Ba

lanc

es

89

19

85

15

110

8

4 4

9 -

- -

Div

iden

d Re

ceiv

able

6

,587

1

,654

8

21

- -

- -

- -

-

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

- -

368

,344

-

- -

- -

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

5,8

68

37,

950

1,7

55

21

17,

720

- 7

,632

-

- -

Tot

al

12,

544

39,

623

2,6

61

836

1

,119

,296

6

0,95

6 1

5,78

2 -

- -

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F3:

CU

RREN

T A

SSET

S Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee

Fund

- 201

2

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fun

d-

2017

C

apit

al S

hiel

d-I

Cap

ital

Sh

ield

-II

Cas

h Fu

nd

Cas

h Pl

us

Fund

Acc

ured

Inte

rest

-

384

,847

9

0,21

8 5

36

307

5

48

84,

281

34,

483

5,2

23

6,6

60

Ban

k Ba

lanc

es

112

5

7 7

0 2

5 7

5 1

05

48

43

16

73

Div

iden

d Re

ceiv

able

1

,516

-

- -

- 3

-

- -

-

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- 4

34,4

26

7,0

00

- -

- -

- -

-

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

39,

073

67,

077

- -

- -

- -

5,2

36

9,1

88

Tota

l 4

0,70

1 8

86,4

07

97,

288

561

3

82

656

8

4,32

9 3

4,52

6 1

0,47

5 1

5,92

1

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Acc

ured

Inte

rest

4

99

33,

287

50,

470

2,6

61

126

1

2,86

1 1

31,5

22

- 6

,295

-

Ban

k Ba

lanc

es

46

29

18

68

108

9

3 2

,000

6

7 8

2 8

8

Div

iden

d Re

ceiv

able

-

- -

- 5

51

100

2

1,34

2 1

,260

1

,132

2

93

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- 5

,000

7

3,16

6 8

00

- 8

7,00

6 8

5,88

1 5

,204

4

,093

-

Mar

gin

Rece

ivab

le

- -

- -

- 3

,625

-

- -

-

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

38

1,3

41

2,0

61

145

-

1,3

70

- 4

9,90

4 -

1,3

00

Tota

l 5

83

39,

657

125

,715

3

,674

7

85

105

,055

2

40,7

45

56,

435

11,

602

1,6

81

(Am

ount

in R

s '00

0)

80


Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us F

und

Equ

ity

Plus

Fu

nd

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up B

lue

Chip

Fun

d

Acc

ured

Inte

rest

1

,409

-

- -

- -

4,3

09

117

3

7,83

7 -

Ban

k Ba

lanc

es

99

92

77

119

7

6 7

5 1

01

111

9

5 1

12

Div

iden

d Re

ceiv

able

1

5,37

9 1

9 1

,287

7

06

62

1,0

34

- 1

53

- 2

5

Rec

eiva

bles

for S

ale

of In

vest

men

ts

994

,580

-

- -

- -

37,

297

519

-

-

Mar

gin

Rece

ivab

le

- -

- 5

71

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

- -

9,8

13

1,2

10

- 1

,923

5

,008

-

92,

343

16,

609

Tot

al

1,0

11,4

67

111

1

1,17

7 2

,606

1

38

3,0

32

46,

715

900

1

30,2

75

16,

746

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

3: C

URR

ENT

ASS

ETS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2

Par

ticu

lars

G

roup

Deb

t Fu

nd

Gro

up

Equi

ty In

dex

Fund

Gro

up E

quit

y Fu

nd

Gro

up G

row

th

Fund

- I

Gro

up G

row

th

Fund

II

Gro

up L

iqui

d Fu

nd

Gro

up R

etur

n Sh

ield

Fun

d G

roup

Sho

rt

Term

Deb

t Fu

nd

Gro

up S

hort

Te

rm D

ebt

Fund

II

Gro

wth

Plu

s Fu

nd I

Acc

ured

Inte

rest

3

9,17

8 -

- -

9,4

79

1,0

25

5,8

60

4,7

63

- 9

,719

Ban

k Ba

lanc

es

111

1

24

57

- 6

0 1

09

11

59

137

8

6

Div

iden

d Re

ceiv

able

-

299

2

8 -

- -

- -

- -

Rec

eiva

bles

for S

ale

of In

vest

men

ts

60,

906

- 1

23

- -

- -

- -

-

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

93,

549

11,

868

26,

986

- -

5,3

18

- -

149

-

Tota

l 1

93,7

44

12,

291

27,

194

- 9

,539

6

,452

5

,871

4

,822

2

86

9,8

05

Par

ticu

lars

G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I G

uara

ntee

d Bo

nd

Fund

L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fu

nd

Pre

mie

r Bon

d Fu

nd

Acc

ured

Inte

rest

-

773

4

8,85

4 6

,284

4

0,62

3 3

,812

-

- -

14,

545

Ban

k Ba

lanc

es

77

96

141

1

6 1

9 7

3 6

0 1

08

- 5

4

Div

iden

d Re

ceiv

able

-

16

- -

- -

596

6

4 -

-

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- 5

7 -

- -

- -

- -

-

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

- -

293

,416

9

18

14,

296

- 2

03,0

02

10,

672

- -

Tota

l 7

7 9

42

342

,411

7

,218

5

4,93

8 3

,885

2

03,6

58

10,

844

- 1

4,59

9

(Am

ount

in R

s '00

0)


81


Par

ticu

lars

P

rem

ier D

ebt

Fund

P

rem

ier

Equi

ty F

und

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty F

und

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

Sec

ure

Fund

S

hiel

d Pl

us

Fund

I

Acc

ured

Inte

rest

3

,845

-

- 6

3 -

- -

- 4

3,52

9 1

53,3

71

Ban

k Ba

lanc

es

78

94

45

13

79

62

100

3

1,38

2 3

6 1

27

Div

iden

d Re

ceiv

able

-

52

155

4

74

201

1

49

871

3

24

- -

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

549

1

,683

-

- -

2,7

74

10,

521

-

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Uni

t Col

lect

ion

Acco

unt

125

-

- -

- -

11,

659

1,9

13

28,

978

-

Tot

al

4,0

48

146

7

49

2,2

33

280

2

11

12,

630

36,

393

83,

064

153

,498

Par

ticu

lars

S

hiel

d Pl

us

Fund

II

Shi

eld

Plus

Fu

nd II

I S

hiel

d Pl

us F

und

IV

Sta

ble

Fund

To

tal

Acc

ured

Inte

rest

4

1,66

5 6

1,15

2 8

,203

1

3,55

0 2,

201,

684

Ban

k Ba

lanc

es

27

110

4

4 1

14

38,3

40

Div

iden

d Re

ceiv

able

-

- -

- 57

,153

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

- 1

07,2

06

2,28

7,13

5

Mar

gin

Rece

ivab

le

- -

- -

4,19

6

App

ropr

iatio

n / E

xpro

pria

tion

(Ass

ets)

-

- -

- -

App

licat

ion

Mon

ey

- -

- -

-

Uni

t Col

lect

ion

Acco

unt

- -

- 2

92

1,07

7,72

6

Tot

al

41,

692

61,

262

8,2

47

121

,162

5,

666,

234

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

3: C

URR

ENT

ASS

ETS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs '

000)

82


Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pen

sion

Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fu

nd

Ass

et A

lloca

tion

Pen

sion

Fu

nd

Ass

ured

Ret

urn

Fund

B

alan

ced

Fund

B

alan

ced

Plus

Fu

nd

Bal

ance

d Pl

us

Pens

ion

Fund

Pay

able

for p

urch

ase

of In

vest

men

ts

921

-

- -

- -

- -

- -

Oth

er C

urre

nt L

iabi

lity

438

1

01

49

1

1,5

00

121

8

-

- -

Uni

t Pay

able

Acc

ount

-

- -

- -

9,6

93

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

1,3

59

101

4

9 1

1

,500

9

,814

8

-

- -

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

4: C

URR

ENT

LIA

BILI

TIES

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee F

und-

20

12

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fun

d-

2017

C

apit

al S

hiel

d-I

Cap

ital

Sh

ield

-II

Cas

h Fu

nd

Cas

h Pl

us F

und

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

50,

234

- -

- -

- -

-

Oth

er C

urre

nt L

iabi

lity

58

507

1

46

1

- 1

7

9 6

1 5

1 2

0

Uni

t Pay

able

Acc

ount

-

- 8

15

8

2

16

957

1

,077

-

-

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

58

507

5

1,19

5 9

2

1

7 1

,036

1

,138

5

1 2

0

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fun

d II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Pay

able

for p

urch

ase

of In

vest

men

ts

- 5

0,24

8 3

0,35

1 2

0,23

4 -

71,

644

- -

- -

Oth

er C

urre

nt L

iabi

lity

1

112

1

44

12

199

5

21

3,8

34

192

1

49

48

Uni

t Pay

able

Acc

ount

-

- -

- 9

59

- 3

5,89

1 -

4,0

73

-

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

1

50,

360

30,

495

20,

246

1,1

58

72,

165

39,

725

192

4

,222

4

8

Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us F

und

Equ

ity

Plus

Fu

nd

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up B

lue

Chip

Fun

d

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

- 2

,543

-

488

-

- -

-

Oth

er C

urre

nt L

iabi

lity

3,0

45

3

259

8

1 4

6

5 3

87

22

79

1

Uni

t Pay

able

Acc

ount

1

8,19

6 1

00

- -

938

-

- 1

04

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

21,

241

103

2

59

2,6

24

942

5

53

387

1

26

79

1

Par

ticu

lars

G

roup

Deb

t Fu

nd

Gro

up E

quit

y In

dex

Fund

G

roup

Equ

ity

Fund

G

roup

Gro

wth

Fu

nd -

I G

roup

Gro

wth

Fu

nd II

G

roup

Liq

uid

Fund

G

roup

Ret

urn

Shie

ld F

und

Gro

up S

hort

Te

rm D

ebt

Fund

Gro

up S

hort

Te

rm D

ebt

Fund

II

Gro

wth

Plu

s Fu

nd I

Pay

able

for p

urch

ase

of In

vest

men

ts

30,

351

- -

- -

- -

- -

-

Oth

er C

urre

nt L

iabi

lity

63

78

4

- 6

7

4

2

1

1

0

Uni

t Pay

able

Acc

ount

-

- -

- -

- 1

4 6

-

58

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

30,

414

78

4

- 6

7

1

8 8

1

6

8

(Am

ount

in R

s '00

0)


83


Par

ticu

lars

G

row

th

Plus

Fun

d II

Gro

wth

Plu

s Fu

nd II

I G

uara

ntee

d Bo

nd

Fund

L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fu

nd

Pre

mie

r Bon

d Fu

nd

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

50,

248

- -

- -

- -

10,

117

Oth

er C

urre

nt L

iabi

lity

2

2

50

15

78

8

391

4

1 -

29

Uni

t Pay

able

Acc

ount

3

0 -

- -

- 7

15

- -

- 6

2

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

32

2

50,

298

15

78

723

3

91

41

- 1

0,20

8

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F4:

CU

RREN

T LI

ABI

LITI

ESSc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

Par

ticu

lars

P

rem

ier

Deb

t Fun

d P

rem

ier

Equi

ty F

und

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty F

und

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

Sec

ure

Fund

S

hiel

d Pl

us

Fund

I

Pay

able

for p

urch

ase

of In

vest

men

ts

10,

117

- -

- -

- -

- -

-

Oth

er C

urre

nt L

iabi

lity

7

19

33

126

8

7 3

3 1

78

10

51

120

Uni

t Pay

able

Acc

ount

-

564

1

,561

1

,696

1

,056

3

69

- -

- 8

83

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

- -

- -

-

Tot

al

10,

124

583

1

,594

1

,822

1

,143

4

02

178

1

0 5

1 1

,003

Par

ticu

lars

S

hiel

d Pl

us

Fund

II

Shi

eld

Plus

Fu

nd II

I S

hiel

d Pl

us F

und

IV

Sta

ble

Fund

T

otal

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

- -

327

,496

Oth

er C

urre

nt L

iabi

lity

33

47

7

50

13,

892

Uni

t Pay

able

Acc

ount

2

61

286

3

0 -

80,

420

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

ies)

-

- -

- -

Tot

al

294

3

33

37

50

421

,808

(Am

ount

in R

s '0

00)

84


Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pen

sion

Fu

nd

Acc

eler

ated

Fun

d A

sset

Allo

cati

on

Fund

A

sset

Allo

cati

on P

ensi

on

Fund

A

ssur

ed

Retu

rn F

und

Bal

ance

d Fu

nd

Bal

ance

d Pl

us F

und

Bal

ance

d Pl

us

Pens

ion

Fund

Pol

icy

Adm

inis

trat

ion

Char

ge

168

,658

6

9,06

8 8

,599

3

1 1

,601

,172

2

5,05

6 -

- -

-

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 6

9 -

6

- 9

1

-

- -

-

Mor

talit

y Ch

arge

8

0,66

9 2

3,43

3 1

,050

1

02

381

,131

4

,065

1

0,23

9 -

- -

Rid

er P

rem

ium

Cha

rge

13,

735

801

1

10

- 5

5,01

1 2

15

339

-

- -

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 4

3,19

4 1

6,69

4 3

,137

4

7 2

73,2

89

9,5

86

3,2

65

- -

-

Tot

al

306

,325

1

09,9

96

12,

902

180

2

,310

,612

3

8,92

3 1

3,84

3 -

- -

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F5:

OTH

ER E

XPE

NSE

SSc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al G

uara

ntee

Fu

nd- 2

012

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fun

d-

2017

C

apit

al S

hiel

d-I

Cap

ital

Sh

ield

-II

Cas

h Fu

nd

Cas

h Pl

us

Fund

Pol

icy

Adm

inis

trat

ion

Char

ge

20,

024

189

,656

6

,303

1

,172

7

4 5

66

- -

- 2

,480

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e -

329

4

0 -

- -

- -

42

147

Mor

talit

y Ch

arge

1

0,20

6 8

2,29

5 6

54

1,0

57

87

391

-

- 9

,195

5

,465

Rid

er P

rem

ium

Cha

rge

391

1

6,73

9 3

6 -

- -

- -

2,6

89

659

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 8

,895

4

4,08

7 4

,226

3

09

23

134

2

,865

2

,234

3

,036

2

,250

Tot

al

39,

516

333

,106

1

1,25

9 2

,538

1

84

1,0

91

2,8

65

2,2

34

14,

962

11,

001

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Pol

icy

Adm

inis

trat

ion

Char

ge

179

1

3

,688

2

38

2

- 1

,530

,915

1

15,6

65

27,

596

10,

311

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 5

1 6

8 2

19

35

45

95

88

- 9

1

07

Mor

talit

y Ch

arge

5

5 5

,901

6

,456

9

4 2

4,98

6 6

2,18

7 8

13,3

48

33,

161

1,8

11

11,

966

Rid

er P

rem

ium

Cha

rge

11

1,1

32

794

2

1 6

,070

1

0,83

2 1

29,0

72

875

8

5 1

,717

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 1

07

2,6

42

2,8

15

193

1

0,50

2 2

6,42

3 3

96,4

55

25,

571

9,5

16

4,8

45

Tot

al

403

9

,744

1

3,97

2 5

81

41,

605

99,

537

2,8

69,8

78

175

,272

3

9,01

7 2

8,94

6

(Am

ount

in R

s '00

0)


85


Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us F

und

Equ

ity

Plus

Fu

nd

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up B

lue

Chip

Fun

d

Pol

icy

Adm

inis

trat

ion

Char

ge

2,6

63,5

77

388

6

3,44

3 -

286

4

,946

3

7,60

5 1

,990

7

,517

-

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 3

23

23

44

24

3

49

251

8

9 -

-

Mor

talit

y Ch

arge

1

,009

,443

1

34

5,2

02

9,2

41

66

7,3

70

60,

443

448

3

8,82

8 5

0

Rid

er P

rem

ium

Cha

rge

155

,780

5

6 2

96

2,1

79

12

1,7

06

9,5

54

140

3

42

-

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 5

21,7

58

226

1

9,01

8 4

,129

1

85

3,9

02

25,

803

1,1

29

16,

859

479

Tot

al

4,3

50,8

81

827

8

8,00

3 1

5,57

3 5

52

17,

973

133

,656

3

,796

6

3,54

6 5

29

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F5:

OTH

ER E

XPE

NSE

SSc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

012

Par

ticu

lars

G

roup

Deb

t Fu

nd

Gro

up

Equi

ty In

dex

Fund

Gro

up E

quit

y Fu

nd

Gro

up G

row

th

Fund

- I

Gro

up G

row

th

Fund

II

Gro

up L

iqui

d Fu

nd

Gro

up R

etur

n Sh

ield

Fun

d G

roup

Sho

rt

Term

Deb

t Fu

nd

Gro

up S

hort

Te

rm D

ebt

Fund

II

Gro

wth

Plu

s Fu

nd I

Pol

icy

Adm

inis

trat

ion

Char

ge

804

8

,493

-

- -

332

-

44

105

4

,201

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e -

- -

- -

- -

- -

-

Mor

talit

y Ch

arge

8

,376

3

7,16

4 2

63

- -

2,1

05

398

3

05

166

6

72

Rid

er P

rem

ium

Cha

rge

5

583

-

- -

7

- -

- -

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 4

,781

1

1,55

1 1

,566

-

105

1

,019

1

,302

4

24

65

776

Tot

al

13,

966

57,

791

1,8

29

- 1

05

3,4

63

1,7

00

773

3

36

5,6

49

Par

ticu

lars

G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I G

uara

ntee

d Bo

nd

Fund

L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fu

nd

Pre

mie

r Bon

d Fu

nd

Pol

icy

Adm

inis

trat

ion

Char

ge

1,4

07

895

6

,947

-

90,

325

972

2

86,7

32

6,8

24

- 2

,173

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e -

- -

- 9

8 1

1 -

- -

29

Mor

talit

y Ch

arge

2

95

183

3

,573

6

05

37,

782

74

48,

486

30,

847

- 1

,557

Rid

er P

rem

ium

Cha

rge

- 6

-

67

10,

415

5

952

-

- -

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 2

46

170

1

,471

5

76

19,

037

521

5

5,79

4 6

,927

-

1,4

21

Tot

al

1,9

48

1,2

54

11,

991

1,2

48

157

,657

1

,583

3

91,9

64

44,

598

- 5

,180

(Am

ount

in R

s '00

0)

86


Par

ticu

lars

P

rem

ier D

ebt

Fund

P

rem

ier

Equi

ty F

und

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty F

und

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

Sec

ure

Fund

S

hiel

d Pl

us

Fund

I

Pol

icy

Adm

inis

trat

ion

Char

ge

924

2

,812

5

,252

1

3,63

9 9

,549

2

6,83

3 1

57,0

35

1,7

13

752

5

3,15

8

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 5

2

3

8

2

1 1

1

1 1

-

-

Mor

talit

y Ch

arge

3

55

1,5

54

2,3

09

9,6

64

7,3

19

13,

129

61,

983

174

7

,469

1

0,04

6

Rid

er P

rem

ium

Cha

rge

- -

- -

- 9

77

6,3

53

25

- -

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 3

77

1,1

17

1,9

54

6,9

83

4,9

53

5,2

40

30,

361

701

2

,682

1

0,02

4

Tot

al

1,6

61

5,4

85

9,5

18

30,

294

21,

842

46,

180

255

,743

2

,614

1

0,90

3 7

3,22

8

Par

ticu

lars

S

hiel

d Pl

us

Fund

II

Shi

eld

Plus

Fu

nd II

I S

hiel

d Pl

us F

und

IV

Sta

ble

Fund

T

otal

Pol

icy

Adm

inis

trat

ion

Char

ge

15,

156

18,

040

1,6

82

80

7,2

78,0

85

Sur

rend

er C

harg

e -

- -

- -

Sw

itchi

ng C

harg

e -

- -

- 2

,356

Mor

talit

y Ch

arge

2

,060

4

,291

4

62

229

2

,995

,124

Rid

er P

rem

ium

Cha

rge

- 1

12

22

- 4

30,9

28

Par

tial W

ithdr

awal

Cha

rge

- -

- -

-

Mis

cella

neou

s Cha

rge

- -

- -

-

Ser

vice

Tax

Exp

ense

s 2

,715

3

,672

8

51

1,9

01

1,6

71,1

11

Tot

al

19,

931

26,

115

3,0

17

2,2

10

12,

377,

604

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

5: O

THER

EX

PEN

SES

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

2(A

mou

nt in

Rs

'000

)


87


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D B

ALA

NCE

SH

EET

AS

AT

31st

MA

RCH

201

1

Part

icul

ars

Sch

edul

e A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fu

nd

Ass

et A

lloca

tion

Pe

nsio

n Fu

nd

Ass

ured

Ret

urn

Fund

Ba

lanc

ed

Fund

B

alan

ced

Plus

Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

5,0

33

704

5

99

1,0

14

1,4

10,3

22

106

,122

4

40

- -

Div

iden

d In

com

e 1

47,6

54

8,7

86

13,

348

119

1

70,1

66

9,6

26

- -

-

Mis

cella

neou

s Inc

ome

95,

220

11,

448

12,

188

198

5

06,7

26

35,

666

- -

-

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 9

52,3

44

12,

895

59,

093

630

1

,671

,720

9

0,24

4 1

2 -

-

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 1

,376

,776

1

3,87

6 9

2,64

4 2

,416

2

87,0

89

6,1

54

(8)

- -

Unr

ealis

ed G

ain/

(Los

s) (1

,766

,875

) (2

3,72

1) (1

27,7

09)

(511

) (6

06,4

63)

(46,

515)

140

-

-

Tota

l Inc

ome

(A)

810

,152

2

3,98

8 5

0,16

3 3

,866

3

,439

,560

2

01,2

97

584

-

-

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

-

Fund

Man

agem

ent E

xpen

ses

172

,918

1

1,02

4 1

3,80

0 3

00

468

,051

3

1,47

3 7

1 -

-

Oth

er c

harg

es F

-5

293

,660

7

5,15

1 1

1,98

8 3

4 2

,635

,746

4

2,36

2 8

81

- -

Expr

opria

tion/

Apro

pria

tion

Char

ges

(61,

695)

(4,7

30)

5,8

20

(3)

(26,

343)

(3,1

92)

(7)

- -

Tota

l Exp

ense

s (B)

404

,883

8

1,44

5 3

1,60

8 3

31

3,0

77,4

54

70,

643

945

-

-

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) 4

05,2

69

(57,

457)

18,

555

3,5

35

362

,106

1

30,6

54

(361

) -

-

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

2,80

2,96

,(2

,788

)19

0,43

723

,486

944,

790

208,

425

--

-

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r3,

208,

232

(60,

245)

208,

992

27,0

211,

306,

896

339,

079

(361

)-

-

Part

icul

ars

Sche

dule

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fun

d A

sset

Allo

cati

on

Fund

A

sset

Allo

cati

on

Pens

ion

Fund

A

ssur

ed

Retu

rn F

und

Bal

ance

d Fu

nd

Bal

ance

d Pl

us

Fund

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

6

,507

,536

1

,728

,395

9

58,7

61

(1,7

99)

39,

880,

094

2,6

41,7

60

79,

858

1,1

05,9

78

737

,748

Rev

enue

Acc

ount

3

,208

,232

(6

0,24

5) 2

08,9

91

27,

021

1,3

06,8

96

339

,080

(3

61)

- -

Tot

al

9,7

15,7

68

1,6

68,1

50

1,1

67,7

52

25,

222

41,1

86,9

90

2,98

0,84

0 7

9,49

7 1,

105,

978

737

,748

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

9,9

22,2

46

1,5

79,1

34

1,1

66,2

36

24,

476

40,0

20,8

90

2,7

38,6

15

68,

115

1,10

5,90

7 7

37,7

39

Cur

rent

Ass

ets

F -3

2

45,1

34

91,

172

8,7

62

747

3

,753

,698

2

75,0

21

11,

384

71

9

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

4

51,6

12

2,1

56

7,2

46

1

2,5

87,5

98

32,

796

2

- -

Net

Cur

rent

Ass

ets

(206

,478

) 8

9,01

6 1

,516

7

46

1,1

66,1

00

242

,225

1

1,38

2 7

1 9

Tot

al

9,7

15,7

68

1,6

68,1

50

1,1

67,7

52

25,

222

41,1

86,9

90

2,98

0,84

0 7

9,49

7 1,

105,

978

737

,748

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

9,71

5,76

81,

668,

150

1,16

7,75

225

,222

41,1

86,9

902,

980,

840

79,4

971,

105,

978

737,

748

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

4

58,2

31

142

,569

5

3,12

9 1

,009

3

,075

,078

2

37,6

37

7,8

06

57,

046

32,

197

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 2

1.20

28

11.

7007

2

1.97

97

25.

0091

1

3.39

38

12.

5437

1

0.18

36

19.

3874

2

2.91

36

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)

88


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

FORM

A-B

S (U

L)

FUN

D B

ALA

NCE

SH

EET

AS

AT

31st

MA

RCH

201

1

Part

icul

ars

Sch

edul

e B

alan

ced

Plus

Pe

nsio

n Fu

nd

Blu

e Ch

ip

Equi

ty F

und

Bon

d Fu

nd

Bon

d Pe

nsio

n Fu

nd

Cap

ital

Gua

rant

ee

Fund

- 201

2 C

apit

al G

uara

ntee

Fu

nd- 2

014

Cap

ital

Gua

rant

ee

Fund

- 201

7 C

apit

al S

hiel

d-I

Cap

ital

Shi

eld-

II

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

- 3

4

28,3

12

79,

683

5,2

24

385

1

,541

7

6,18

7 1

5,76

7

Div

iden

d In

com

e -

696

-

- 4

01

25

285

2

,553

-

Mis

cella

neou

s Inc

ome

- 7

51

94,

247

26,

308

2

33

259

2

,454

3

36

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e -

397

4

0 1

,641

(1

83)

(15)

108

9

,047

(3

48)

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t -

71

6,4

07

36

1,9

19

285

2

,985

4

2,49

7 (5

9)

Unr

ealis

ed G

ain/

(Los

s) -

(3,3

58)

(58,

236)

(8,4

26)

(557

) (1

29)

(587

) (4

8,43

0) 6

4,45

3

Tota

l Inc

ome

(A)

- (1

,440

) 4

70,7

70

99,

242

6,8

06

584

4

,591

8

4,30

8 8

0,14

9

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

-

Fund

Man

agem

ent E

xpen

ses

- 2

,566

5

9,94

4 1

2,30

2 1

,234

8

9 5

37

27,

107

22,

514

Oth

er c

harg

es F

-5

- 7

,146

2

99,5

64

8,9

95

3,1

38

222

1

,272

2

,792

2

,319

Expr

opria

tion/

Apro

pria

tion

Char

ges

- (2

,116

) (2

37)

260

(3

7) (1

4) (9

0) 5

(5

)

Tota

l Exp

ense

s (B)

- 7

,596

3

59,2

71

21,

557

4,3

35

297

1

,719

2

9,90

4 2

4,82

8

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) -

(9,0

36)

111

,499

7

7,68

5 2

,471

2

87

2,8

72

54,

404

55,

321

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

- -

1,2

57

69,

556

17,

242

1,1

20

8,9

05

155

,520

1

64,7

06

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r -

(9,0

36)

112

,756

1

47,2

41

19,

713

1,4

07

11,

777

209

,924

2

20,0

27

Part

icul

ars

Sch

edul

e B

alan

ced

Plus

Pe

nsio

n Fu

nd

Blu

e Ch

ip

Equi

ty F

und

Bon

d Fu

nd

Bon

d Pe

nsio

n Fu

nd

Cap

ital

Gua

rant

ee

Fund

- 201

2 C

apit

al G

uara

ntee

Fu

nd- 2

014

Cap

ital

Gua

rant

ee

Fund

- 201

7 C

apit

al S

hiel

d-I

Cap

ital

Sh

ield

-II

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

82,

149

1,0

40,9

16

7,3

59,6

19

1,5

76,1

92

61,

583

4,4

43

25,

231

797

,651

4

81,9

73

Reve

nue

Acco

unt

- (9

,037

) 1

12,7

56

147

,241

1

9,71

4 1

,409

1

1,77

7 2

09,9

24

220

,028

Tot

al

82,

149

1,0

31,8

79

7,4

72,3

75

1,7

23,4

33

81,

297

5,8

52

37,

008

1,00

7,57

5 7

02,0

01

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

82,

147

940

,332

7

,244

,916

1

,684

,320

8

1,28

4 5

,532

3

6,53

5 9

33,7

30

676

,060

Curr

ent A

sset

s F

-3

2

91,

583

228

,309

3

9,53

4 6

68

320

4

74

74,

114

26,

009

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

- 3

6 8

50

421

6

55

- 1

2

69

68

Net

Cur

rent

Ass

ets

2

91,

547

227

,459

3

9,11

3 1

3 3

20

473

7

3,84

5 2

5,94

1

Tot

al

82,

149

1,0

31,8

79

7,4

72,3

75

1,7

23,4

33

81,

297

5,8

52

37,

008

1,00

7,57

5 7

02,0

01

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

82,1

491,

031,

879

7,47

2,37

51,

723,

433

81,2

975,

852

37,0

081,

007,

575

702,

001

(b) N

umbe

r of U

nits

Out

stan

ding

(in

thou

sand

s)

3,7

58

108

,866

4

97,3

06

112

,287

5

,983

4

29

2,5

80

78,

006

47,

592

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 2

1.86

13

9.4

784

15.

0257

1

5.34

85

13.

5877

1

3.63

13

14.

3456

1

2.91

66

14.

7503

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)


89


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-B

S (U

L)FU

ND

BA

LAN

CE S

HEE

T A

S A

T 31

st M

ARC

H 2

011

Part

icul

ars

Sch

edul

e C

ash

Fund

C

ash

Plus

Fun

d C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

24,

843

28,

377

3,4

49

68,

464

87,

836

8,1

85

99

10,

354

93,

845

Div

iden

d In

com

e -

- -

- -

- 5

5,75

5 1

19,8

88

1,0

76,2

35

Mis

cella

neou

s Inc

ome

45,

383

58,

296

2,0

94

13,

140

18,

227

2,7

15

947

7

2,84

3 8

33,7

87

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 6

29

1,3

99

(2)

10,

570

11,

500

953

(1

9,14

5) 1

,371

,401

1

2,28

3,93

3

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 6

9 9

7 -

11,

527

716

1

,287

4

96,6

01

369

,046

9

12,7

53

Unr

ealis

ed G

ain/

(Los

s) -

- -

(24,

046)

(16,

636)

(1,9

56)

(19,

361)

(718

,729

) (3

,370

,700

)

Tota

l Inc

ome

(A)

70,

924

88,

169

5,5

41

79,

655

101

,643

1

1,18

4 5

14,8

96

1,2

24,8

03

11,

829,

853

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

11,

447

- -

12,

482

- -

51,

722

113

,273

-

Fund

Man

agem

ent E

xpen

ses

9,1

57

7,9

62

470

9

,986

8

,918

9

40

41,

378

135

,927

1

,464

,242

Oth

er c

harg

es F

-5

16,

740

11,

291

516

1

5,91

1 1

9,97

6 1

,289

5

0,82

3 1

15,0

50

3,0

53,4

09

Expr

opria

tion/

Apro

pria

tion

Char

ges

997

1

,103

7

2 2

5 4

2

8 (1

,757

) (6

,955

) (1

1,21

9)

Tota

l Exp

ense

s (B)

38,

341

20,

356

1,0

58

38,

404

28,

898

2,2

57

142

,166

3

57,2

95

4,5

06,4

32

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) 3

2,58

3 6

7,81

3 4

,483

4

1,25

1 7

2,74

5 8

,927

3

72,7

30

867

,508

7

,323

,421

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

221

,710

5

26,5

17

37,

735

291

,424

4

28,4

45

46,

346

2,3

95,0

13

3,5

88,5

24

8,6

64,0

83

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 2

54,2

93

594

,330

4

2,21

8 3

32,6

75

501

,190

5

5,27

3 2

,767

,743

4

,456

,032

1

5,98

7,50

4

Part

icul

ars

Sch

edul

e C

ash

Fund

C

ash

Plus

Fu

nd

Cas

h Pl

us P

ensi

on

Fund

D

ebt F

und

Deb

t Plu

s Fu

nd

Deb

t Plu

s Pe

nsio

n Fu

nd

Equ

ity

Fund

E

quit

y G

ain

Fund

E

quit

y G

row

th

Fund

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

566

,790

3

50,5

29

8,9

79

147

,372

4

21,0

79

32,

113

303

,092

3

,509

,605

6

8,06

7,57

4

Reve

nue

Acco

unt

254

,294

5

94,3

30

42,

218

332

,675

5

01,1

91

55,

271

2,7

67,7

44

4,4

56,0

32

15,

987,

503

Tot

al

821

,084

9

44,8

59

51,

197

480

,047

9

22,2

70

87,

384

3,0

70,8

36

7,9

65,6

37

84,0

55,0

77

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

811

,114

9

65,0

88

49,

756

462

,200

8

81,1

64

85,

965

3,0

74,5

80

8,0

29,0

92

83,

612,

968

Curr

ent A

sset

s F

-3

10,

025

6,3

04

2,1

10

18,

050

41,

417

3,3

80

5,0

04

171

,357

1

,136

,214

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

55

26,

533

669

2

03

311

1

,961

8

,748

2

34,8

12

694

,105

Net

Cur

rent

Ass

ets

9,9

70

(20,

229)

1,4

41

17,

847

41,

106

1,4

19

(3,7

44)

(63,

455)

442

,109

Tot

al

821

,084

9

44,8

59

51,

197

480

,047

9

22,2

70

87,

384

3,0

70,8

36

7,9

65,6

37

84,0

55,0

77

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

821,

084

944,

859

51,1

9748

0,04

792

2,27

087

,384

3,07

0,83

67,

965,

637

84,0

55,0

77

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

5

4,84

5 5

7,25

7 3

,085

3

3,06

5 5

7,19

3 5

,265

1

16,2

63

221

,027

4

,963

,971

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 1

4.97

10

16.

5021

1

6.59

31

14.

5179

1

6.12

57

16.

5966

2

6.41

28

36.

0391

1

6.93

30

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)

90


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-B

S (U

L)FU

ND

BA

LAN

CE S

HEE

T A

S A

T 31

st M

ARC

H 2

011

Part

icul

ars

Sche

dule

E

quit

y G

row

th

Fund

II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Equ

ity

Inde

x Fu

nd -

II E

quit

y In

dex

Pens

ion

Fund

E

quit

y In

dex

Pens

ion

Fund

- II

Equ

ity

Mid

cap

Fund

E

quit

y M

idca

p Pe

nsio

n Fu

nd

Equ

ity

Mid

cap

Plus

Fun

d

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

2,3

01

2,4

02

58

1,5

73

5

151

8

02

62

1,1

53

Div

iden

d In

com

e 2

4,58

3 4

5,91

5 3

0,02

6 1

,053

,228

2

,150

8

6,25

9 2

2,66

8 2

,083

3

2,99

3

Mis

cella

neou

s Inc

ome

31,

150

44,

707

530

3

6,28

6 1

3 2

,454

1

4,11

6 1

,311

1

8,91

8

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 1

76,7

61

466

,821

(1

5,50

5) 1

,059

,614

(4

83)

14,

335

165

,970

1

2,96

8 1

98,2

09

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 5

6,55

9 2

36,5

53

210

,340

6

51,3

32

23,

239

147

,287

3

22,9

87

32,

910

502

,481

Unr

ealis

ed G

ain/

(Los

s) 9

7,82

0 (1

11,3

92)

50,

059

7,0

29,1

58

(5,2

91)

580

,497

(4

24,8

70)

(36,

310)

(547

,889

)

Tota

l Inc

ome

(A)

389,

174

685

,006

2

75,5

08

9,8

31,1

91

19,

633

830

,983

1

01,6

73

13,

024

205

,865

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

18,

207

- -

Fund

Man

agem

ent E

xpen

ses

33,

277

55,

235

22,

323

1,0

53,7

10

1,6

11

86,

693

21,

848

1,9

90

31,

480

Oth

er c

harg

es F

-5

144

,587

4

2,29

2 3

5,94

1 4

,633

,336

1

,389

9

1,19

0 1

7,86

6 8

14

20,

167

Expr

opria

tion/

Apro

pria

tion

Char

ges

(7,0

93)

(1,8

79)

(895

) (4

5,76

4) (7

15)

(4,2

23)

(1,3

67)

(124

) (1

,753

)

Tota

l Exp

ense

s (B)

170

,771

9

5,64

8 5

7,36

9 5

,641

,282

2

,285

1

73,6

60

56,

554

2,6

80

49,

894

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) 2

18,4

03

589

,358

2

18,1

39

4,1

89,9

09

17,

348

657

,323

4

5,11

9 1

0,34

4 1

55,9

71

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

8,1

18

768

,883

1

,025

,801

7

,080

,947

1

03,6

85

811

,108

8

89,2

91

132

,059

1

,916

,233

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 2

26,5

21

1,3

58,2

41

1,2

43,9

40

11,

270,

856

121

,033

1

,468

,431

9

34,4

10

142

,403

2

,072

,204

Part

icul

ars

Sche

dule

E

quit

y G

row

th

Fund

II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Equ

ity

Inde

x Fu

nd -

II E

quit

y In

dex

Pens

ion

Fund

E

quit

y In

dex

Pens

ion

Fund

- II

Equ

ity

Mid

cap

Fund

E

quit

y M

idca

p Pe

nsio

n Fu

nd

Equ

ity

Mid

cap

Plus

Fun

d

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

3,2

13,6

63

2,92

4,08

0 3

73,3

88

82,

589,

353

(25,

121)

6,2

79,5

20

278

,490

(3

2,90

6) (2

96,2

71)

Reve

nue

Acco

unt

226

,520

1

,358

,241

1

,243

,940

1

1,27

0,85

6 1

21,0

32

1,4

68,4

30

934

,412

1

42,4

02

2,0

72,2

04

Tot

al

3,44

0,18

3 4

,282

,321

1

,617

,328

9

3,86

0,20

9 9

5,91

1 7

,747

,950

1

,212

,902

1

09,4

96

1,7

75,9

33

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

3,3

46,5

07

4,2

53,0

04

1,6

17,4

13

93,

443,

455

94,

780

7,6

79,7

05

1,2

07,5

61

109

,440

1

,767

,037

Curr

ent A

sset

s F

-3

93,

813

29,

490

4,5

79

671

,133

1

,136

6

8,53

7 1

1,05

1 8

89

17,

179

Less

: Cu

rren

t Lia

bilit

ies a

nd P

rovi

sion

s F

-4

137

1

73

4,6

64

254

,379

5

2

92

5,7

10

833

8

,283

Net

Cur

rent

Ass

ets

93,

676

29,

317

(85)

416

,754

1

,131

6

8,24

5 5

,341

5

6 8

,896

Tot

al

3,44

0,18

3 4

,282

,321

1

,617

,328

9

3,86

0,20

9 9

5,91

1 7

,747

,950

1

,212

,902

1

09,4

96

1,7

75,9

33

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. In

thou

sand

s)

3,44

0,18

34,

282,

321

1,61

7,32

893

,860

,209

95,9

117,

747,

950

1,21

2,90

210

9,49

61,

775,

933

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

2

78,5

05

233

,218

4

6,38

2 5

,010

,226

3

,107

4

22,1

95

40,

650

2,6

13

47,

276

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 1

2.35

23

18.

3619

3

4.86

96

18.

7337

3

0.87

06

18.

3516

2

9.83

74

41.

9058

3

7.56

50

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)


91


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-B

S (U

L)FU

ND

BA

LAN

CE S

HEE

T A

S A

T 31

st M

ARC

H 2

011

Part

icul

ars

Sche

dule

E

quit

y Pl

us F

und

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fun

d G

roup

Deb

t Fu

nd

Gro

up E

quit

y In

dex

Fund

G

roup

Gro

wth

Fu

nd -

I G

roup

Li

quid

Fun

d G

roup

Sho

rt

Term

Deb

t Fun

d G

row

th P

lus

Fund

I

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

7,8

27

289

7

,781

3

1,78

5 5

3

8,17

5 6

,062

5

2,76

9 1

8,25

0

Div

iden

d In

com

e 1

62,3

63

10,

074

147

-

2,8

62

- -

- -

Mis

cella

neou

s Inc

ome

113

,903

7

,478

3

,308

1

0,59

5 1

51

3,3

94

6,8

81

9,5

12

1,5

93

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 1

,757

,252

9

5,11

3 9

31

1,5

96

329

(8

) 2

04

(1,2

12)

(497

)

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 1

03,7

19

82,

539

(18,

747)

20,

819

(155

) (1

5,69

4) 2

(2

,393

) (2

66)

Unr

ealis

ed G

ain/

(Los

s) (6

77,5

65)

(55,

322)

45,

330

(9,1

53)

33,

561

10,

149

- 1

1,15

9 (2

,622

)

Tota

l Inc

ome

(A)

1,4

67,4

99

140

,171

3

8,75

0 5

5,64

2 3

6,75

3 3

6,01

6 1

3,14

9 6

9,83

5 1

6,45

8

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

-

Fund

Man

agem

ent E

xpen

ses

185

,657

1

2,20

0 3

,331

5

,272

5

,930

-

1,1

53

6,5

85

3,2

61

Oth

er c

harg

es F

-5

155

,670

5

,558

1

5,82

5 6

70

24,

724

- 2

04

936

5

,958

Expr

opria

tion/

Apro

pria

tion

Char

ges

(10,

003)

(5,2

14)

(3,6

06)

(19)

(2,9

36)

52

10

(10)

(4)

Tota

l Exp

ense

s (B)

331

,324

1

2,54

4 1

5,55

0 5

,923

2

7,71

8 5

2 1

,367

7

,511

9

,215

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) 1

,136

,175

1

27,6

27

23,

200

49,

719

9,0

35

35,

964

11,

782

62,

324

7,2

43

Add:

Rev

enue

Acc

ount

at t

hebe

ginn

ing

of th

e ye

ar 6

,040

,238

5

78,9

58

(453

) 1

92,9

10

(6,8

07)

18,

172

26,

445

28,

394

(263

)

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 7

,176

,413

7

06,5

85

22,

747

242

,629

2

,228

5

4,13

6 3

8,22

7 9

0,71

8 6

,980

Part

icul

ars

Sche

dule

E

quit

y Pl

us F

und

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fun

d G

roup

Deb

t Fun

d G

roup

Equ

ity

Inde

x Fu

nd

Gro

up G

row

th

Fund

- I

Gro

up L

iqui

d Fu

nd

Gro

up S

hort

Te

rm D

ebt F

und

Gro

wth

Plu

s Fu

nd I

SOU

RCES

OF

FUN

DS

Polic

y H

olde

r's F

unds

:

Polic

y H

olde

rs C

ontr

ibut

ion

F

-1

3,8

77,1

33

(4,8

11)

1,3

90,2

54

622

,318

1

,588

,654

(5

4,08

1) 1

79,6

39

679

,867

2

21,3

43

Reve

nue

Acco

unt

7,1

76,4

14

706

,586

2

2,74

4 2

42,6

29

2,2

28

54,

135

38,

226

90,

719

6,9

79

Tot

al

11,0

53,5

47

701

,775

1

,412

,998

8

64,9

47

1,5

90,8

82

54

217

,865

7

70,5

86

228

,322

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

10,

641,

352

697

,651

1

,099

,854

7

55,7

69

1,3

43,6

59

- 1

98,3

22

748

,013

2

21,0

48

Curr

ent A

sset

s F

-3

741

,907

4

,156

3

13,1

86

109

,287

2

47,2

84

54

19,

548

22,

595

7,2

83

Less

: Cu

rren

t Lia

bilit

ies a

ndPr

ovis

ions

F

-4

329

,712

3

2 4

2 1

09

61

- 5

2

2 9

Net

Cur

rent

Ass

ets

412

,195

4

,124

3

13,1

44

109

,178

2

47,2

23

54

19,

543

22,

573

7,2

74

Tot

al

11,0

53,5

47

701

,775

1

,412

,998

8

64,9

47

1,5

90,8

82

54

217

,865

7

70,5

86

228

,322

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

11,0

53,5

4770

1,77

51,

412,

998

864,

947

1,59

0,88

254

217,

865

770,

586

228,

322

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

2

89,7

03

17,

970

114

,570

6

4,63

2 1

44,1

37

- 1

7,34

7 6

5,85

5 2

1,45

3

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 3

8.15

47

39.

0536

1

2.33

30

13.

3827

1

1.03

73

- 1

2.55

95

11.

7012

1

0.64

29

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)

92


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-B

S (U

L)FU

ND

BA

LAN

CE S

HEE

T A

S A

T 31

st M

ARC

H 2

011

Part

icul

ars

Sch

edul

e G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fun

d P

rem

ier B

ond

Fund

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

607

9

00

12,

745

41,

427

6,4

98

586

3

81

- 2

3,19

7

Div

iden

d In

com

e -

- -

- -

19,

208

- -

-

Mis

cella

neou

s Inc

ome

353

1

82

1,6

40

93,

221

8,2

50

116

,786

1

2,47

9 -

8,2

56

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 6

2 (1

29)

(1,2

76)

1,5

19

82

8,9

67

462

-

2,8

18

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t (1

78)

(194

) 5

64

163

9

5

,129

4

4 -

(100

)

Unr

ealis

ed G

ain/

(Los

s) (8

,950

) 2

,907

(2

,050

) -

- 2

88,4

73

- -

(5,9

25)

Tota

l Inc

ome

(A)

(8,1

06)

3,6

66

11,

623

136

,330

1

4,83

9 4

39,1

49

13,

366

- 2

8,24

6

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

2,3

70

- -

9,4

71

458

-

-

Fund

Man

agem

ent E

xpen

ses

665

2

03

1,8

96

16,

633

1,7

45

47,

355

2,2

90

- 1

0,39

4

Oth

er c

harg

es F

-5

1,4

28

435

1

,247

1

62,5

38

1,2

80

395

,436

1

4,00

0 -

5,1

16

Expr

opria

tion/

Apro

pria

tion

Char

ges

(6)

(5)

1

113

1

5 (1

0,23

3) (1

,809

) -

3

Tota

l Exp

ense

s (B)

2,0

87

633

5

,514

1

79,2

84

3,0

40

442

,029

1

4,93

9 -

15,

513

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) (1

0,19

3) 3

,033

6

,109

(4

2,95

4) 1

1,79

9 (2

,880

) (1

,573

) -

12,

733

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

- -

41,

009

(124

,190

) 9

,138

(1

32,0

42)

- -

49,

503

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r (1

0,19

3) 3

,033

4

7,11

8 (1

67,1

44)

20,

937

(134

,922

) (1

,573

) -

62,

236

Part

icul

ars

Sch

edul

e G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fun

d P

rem

ier B

ond

Fund

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

7

3,10

5 4

7,52

7 1

57,6

82

2,2

80,7

91

228

,342

6

,220

,681

5

92,2

81

53,

389

326

,266

Rev

enue

Acc

ount

(1

0,19

3) 3

,034

4

7,11

8 (1

67,1

43)

20,

938

(134

,922

) (1

,573

) -

62,

237

Tot

al

62,

912

50,

561

204

,800

2

,113

,648

2

49,2

80

6,08

5,75

9 5

90,7

08

53,

389

388

,503

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

62,

940

50,

334

200

,684

2

,083

,658

2

45,9

09

5,9

07,2

04

555

,965

5

3,38

9 3

82,0

37

Cur

rent

Ass

ets

F -3

6

2

29

4,1

49

30,

053

3,3

80

178

,823

3

4,76

8 -

6,5

37

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

3

4 2

3

3 6

3 9

2

68

25

- 7

1

Net

Cur

rent

Ass

ets

(28)

227

4

,116

2

9,99

0 3

,371

1

78,5

55

34,

743

- 6

,466

Tot

al

62,

912

50,

561

204

,800

2

,113

,648

2

49,2

80

6,08

5,75

9 5

90,7

08

53,

389

388

,503

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

62,9

1250

,561

204,

800

2,11

3,64

824

9,28

06,

085,

759

590,

708

53,3

8938

8,50

3

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

7

,121

4

,705

1

5,49

8 1

43,3

42

16,

817

539

,090

5

6,22

3 3

,260

2

8,20

1

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 8

.835

1 1

0.74

73

13.

2145

1

4.74

55

14.

8234

1

1.28

90

10.

5066

1

6.37

51

13.

7763

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)


93


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-B

S (U

L)FU

ND

BA

LAN

CE S

HEE

T A

S A

T 31

st M

ARC

H 2

011

Part

icul

ars

Sch

edul

e P

rem

ier

Deb

t Fun

d P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty

Fund

P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

6,2

78

15

313

1

,052

3

8 -

- -

46,

398

Div

iden

d In

com

e -

5,4

91

8,1

07

24,

692

19,

657

21,

411

57,

854

1,7

66

1,1

39

Mis

cella

neou

s Inc

ome

3,2

75

43

6,2

03

19,

709

363

1

0,19

2 4

9,44

5 -

7,6

51

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e (1

72)

(3,1

76)

86,

276

310

,459

(1

0,47

1) 1

28,9

13

441

,285

7

,476

1

,568

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 7

57

40,

641

70,

745

340

,116

7

0,55

6 1

52,5

52

232

,441

4

3 2

2,13

0

Unr

ealis

ed G

ain/

(Los

s) (1

,712

) 8

,014

(5

9,94

1) (3

22,4

86)

100

,969

(2

17,0

75)

(429

,666

) 4

,161

(1

,862

)

Tota

l Inc

ome

(A)

8,4

26

51,

028

111

,703

3

73,5

42

181

,112

9

5,99

3 3

51,3

59

13,

446

77,

024

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

- -

- -

-

Fund

Man

agem

ent E

xpen

ses

2,6

08

9,1

48

15,

009

57,

282

41,

070

15,

326

55,

303

2,2

81

9,0

37

Oth

er c

harg

es F

-5

2,0

80

6,8

51

11,

155

34,

466

23,

853

53,

081

262

,167

2

,440

1

,023

Expr

opria

tion/

Apro

pria

tion

Char

ges

- (1

78)

(420

) (7

82)

(213

) (5

97)

(3,1

08)

(386

) (2

37)

Tota

l Exp

ense

s (B)

4,6

88

15,

821

25,

744

90,

966

64,

710

67,

810

314

,362

4

,335

9

,823

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) 3

,738

3

5,20

7 8

5,95

9 2

82,5

76

116

,402

2

8,18

3 3

6,99

7 9

,111

6

7,20

1

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

40,

628

192

,781

3

27,2

75

240

,340

1

65,2

41

307

,702

4

97,8

21

16,

131

93,

337

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 4

4,36

6 2

27,9

88

413

,234

5

22,9

16

281

,643

3

35,8

85

534

,818

2

5,24

2 1

60,5

38

Part

icul

ars

Sch

edul

e P

rem

ier D

ebt

Fund

P

rem

ier

Equi

ty F

und

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty

Fund

P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

4

9,33

6 1

10,0

70

187

,050

1

,384

,881

1

,145

,644

5

90,8

52

4,0

02,0

34

185

,933

9

64,0

41

Rev

enue

Acc

ount

4

4,36

6 2

27,9

88

413

,232

5

22,9

16

281

,642

3

35,8

85

534

,818

2

5,24

2 1

60,5

39

Tot

al

93,

702

338

,058

6

00,2

82

1,9

07,7

97

1,4

27,2

86

926

,737

4

,536

,852

2

11,1

75

1,1

24,5

80

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

93,

005

338

,232

6

02,9

29

1,9

15,0

28

1,4

31,2

87

1,0

51,1

55

4,4

50,9

80

177

,988

1

,030

,364

Cur

rent

Ass

ets

F -3

7

50

677

-

- 2

64

67,

097

111

,017

3

3,19

6 9

4,25

5

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

5

3 8

51

2,6

47

7,2

31

4,2

65

191

,515

2

5,14

5 9

3

9

Net

Cur

rent

Ass

ets

697

(1

74)

(2,6

47)

(7,2

31)

(4,0

01)

(124

,418

) 8

5,87

2 3

3,18

7 9

4,21

6

Tot

al

93,

702

338

,058

6

00,2

82

1,9

07,7

97

1,4

27,2

86

926

,737

4

,536

,852

2

11,1

75

1,1

24,5

80

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. in

thou

sand

s)

93,7

0233

8,05

860

0,28

21,

907,

797

1,42

7,28

692

6,73

74,

536,

852

211,

175

1,12

4,58

0

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

6

,426

1

7,42

7 2

7,84

9 1

13,3

44

82,

422

39,

453

206

,720

1

1,68

0 6

2,47

7

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 1

4.58

16

19.

3984

2

1.55

46

16.

8319

1

7.31

69

23.

4897

2

1.94

68

18.

0799

1

7.99

99

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)

94


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-R

A (

UL)

FUN

D R

EVEN

UE

ACC

OU

NT

FOR

THE

YEA

R EN

DED

31s

t MA

RCH

201

1

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 23

|

F

orm

A-B

S (U

L)FU

ND

BA

LAN

CE S

HEE

T A

S A

T 31

st M

ARC

H 2

011

Part

icul

ars

Sch

edul

e S

hiel

d Pl

us F

und

I S

hiel

d Pl

us F

und

II S

hiel

d Pl

us F

und

III

Sta

ble

Fund

T

otal

INCO

ME

FRO

M IN

VES

TMEN

TS

Inte

rest

Inco

me

199

,685

4

0,45

8 2

1,38

0 1

33,5

85

3,1

63,7

81

Div

iden

d In

com

e 7

55

126

-

11,

856

3,2

52,9

50

Mis

cella

neou

s Inc

ome

25,

274

7,2

65

6,9

98

19,

004

2,5

36,1

57

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

e 3

,583

(1

,535

) (1

,015

) 3

8,95

2 2

1,40

5,90

9

Prof

it/(L

oss)

on

inte

r fun

d tr

ansf

er/s

ale

of in

vest

men

t 1

2,21

8 (2

77)

70

15,

964

6,9

42,0

89

Unr

ealis

ed G

ain/

(Los

s) 7

,389

(1

,074

) (2

,093

) 2

6,68

9 (1

,405

,265

)

Tota

l Inc

ome

(A)

248

,904

4

4,96

3 2

5,34

0 2

46,0

50

35,

895,

621

EXPE

NSE

S

Fund

Adm

inis

trat

ion

Expe

nses

- -

- -

219

,430

Fund

Man

agem

ent E

xpen

ses

38,

938

8,1

01

4,6

22

33,

530

4,4

07,9

02

Oth

er c

harg

es F

-5

73,

678

15,

867

9,4

10

3,7

92

12,

948,

745

Expr

opria

tion/

Apro

pria

tion

Char

ges

500

7

9 (1

05)

(1,3

94)

(214

,391

)

Tota

l Exp

ense

s (B)

113

,116

2

4,04

7 1

3,92

7 3

5,92

8 1

7,36

1,68

6

Net

Inco

me/

(Los

s) fo

r the

Yea

r (A-

B) 1

35,7

88

20,

916

11,

413

210

,122

1

8,53

3,93

5

Add:

Rev

enue

Acc

ount

at t

he b

egin

ning

of t

he y

ear

(1,6

48)

- -

182

,928

4

2,30

5,08

9

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

yea

r 1

34,1

40

20,

916

11,

413

393

,050

6

0,83

9,02

2

Part

icul

ars

Sch

edul

e S

hiel

d Pl

us F

und

I S

hiel

d Pl

us F

und

II S

hiel

d Pl

us F

und

III

Sta

ble

Fund

T

otal

SO

URC

ES O

F FU

ND

S

Pol

icy

Hol

der's

Fun

ds:

Pol

icy

Hol

ders

Con

trib

utio

n

F -1

2

,758

,309

7

70,4

52

1,1

20,5

21

2,4

73,7

63

268

,002

,683

Rev

enue

Acc

ount

1

34,1

39

20,

916

11,

412

393

,050

6

0,83

9,02

2

Tot

al

2,8

92,4

48

791

,368

1

,131

,933

2

,866

,813

3

28,8

41,7

05

APP

LICA

TIO

N O

F FU

ND

S

Inve

stm

ents

F

-2

2,8

50,0

70

776

,683

1

,028

,008

2

,814

,971

3

24,3

47,5

31

Cur

rent

Ass

ets

F -3

4

5,95

0 1

5,07

8 1

03,9

68

52,

004

9,3

86,1

80

Les

s : C

urre

nt L

iabi

litie

s and

Pro

visi

ons

F -4

3

,572

3

93

43

162

4

,892

,006

Net

Cur

rent

Ass

ets

42,

378

14,

685

103

,925

5

1,84

2 4

,494

,174

Tot

al

2,8

92,4

48

791

,368

1

,131

,933

2

,866

,813

3

28,8

41,7

05

(a) N

et A

sset

as p

er B

alan

ce S

heet

(R

s. In

thou

sand

s)

2,89

2,44

879

1,36

81,

131,

933

2,86

6,81

3

(b) N

umbe

r of U

nits

Out

stan

ding

(i

n th

ousa

nds)

2

68,4

47

74,

816

109

,452

1

54,7

09

Net

Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) 1

0.77

47

10.

5775

1

0.34

18

18.

5302

(Am

ount

in R

s '00

0)

(Am

ount

in R

s '00

0)


95


Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

1 : P

OLI

CYH

OLD

ERS’

CO

NTR

IBU

TIO

N

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1

Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fun

d A

sset

Allo

cati

on

Pens

ion

Fund

A

ssur

ed R

etur

n Fu

nd

Bal

ance

d Fu

nd

Bal

ance

d Pl

us

Fund

B

alan

ced

Plus

Pe

nsio

n Fu

nd

Ope

ning

Bal

ance

6

,556

,087

1

73,5

73

459

,548

(6

73)

32,

345,

659

1,8

15,2

28

- 1

,367

,333

8

67,6

83

96,

379

Add

: Ad

ditio

n du

ring

the

year

2

,656

,765

1

,694

,146

8

29,5

69

615

1

1,83

4,32

7 1

,015

,853

9

2,02

7 8

9,55

5 1

23,4

43

20,

292

Les

s : D

educ

tion

durin

g th

e ye

ar

2,7

05,3

16

139

,324

3

30,3

56

1,7

41

4,2

99,8

92

189

,321

1

2,16

9 3

50,9

10

253

,378

3

4,52

2

Clo

sing

Bal

ance

6

,507

,536

1

,728

,395

9

58,7

61

(1,7

99)

39,

880,

094

2,6

41,7

60

79,

858

1,1

05,9

78

737

,748

8

2,14

9

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee

Fund

- 201

2

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fu

nd- 2

017

Cap

ital

Shi

eld-

I C

apit

al S

hiel

d-II

Cas

h Fu

nd

Cas

h Pl

us F

und

Ope

ning

Bal

ance

-

5,1

59,2

29

834

,646

1

01,0

24

7,3

71

44,

210

801

,270

4

83,0

61

788

,587

5

94,3

85

Add

: Ad

ditio

n du

ring

the

year

1

,097

,550

5

,524

,466

1

,591

,968

1

49

728

1

31

24

87

156

,130

6

48,5

55

Les

s : D

educ

tion

durin

g th

e ye

ar

56,

634

3,3

24,0

76

850

,422

3

9,59

0 3

,656

1

9,11

0 3

,643

1

,175

3

77,9

27

892

,411

Clo

sing

Bal

ance

1

,040

,916

7

,359

,619

1

,576

,192

6

1,58

3 4

,443

2

5,23

1 7

97,6

51

481

,973

5

66,7

90

350

,529

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

E

quit

y G

row

th

Pens

ion

Fund

Equ

ity

Inde

x Fu

nd

Ope

ning

Bal

ance

3

5,32

4 2

49,1

84

445

,050

6

5,13

0 1

,385

,140

6

,513

,051

7

2,31

5,61

0 1

,601

,215

2

,981

,531

9

58,0

95

Add

: Ad

ditio

n du

ring

the

year

7

3,53

7 1

81,2

66

794

,738

1

44,5

40

246

,441

5

38,8

02

13,

184,

896

1,9

61,9

10

1,2

05,2

54

253

,036

Les

s : D

educ

tion

durin

g th

e ye

ar

99,

882

283

,078

8

18,7

09

177

,557

1

,328

,489

3

,542

,248

1

7,43

2,93

2 3

49,4

62

1,2

62,7

05

837

,743

Clo

sing

Bal

ance

8

,979

1

47,3

72

421

,079

3

2,11

3 3

03,0

92

3,5

09,6

05

68,

067,

574

3,2

13,6

63

2,9

24,0

80

373

,388

Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us

Fund

E

quit

y Pl

us F

und

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up D

ebt F

und

Ope

ning

Bal

ance

6

6,79

1,59

4 2

0,78

3 5

,185

,242

7

43,1

59

18,

390

398

,252

8

,096

,218

3

27,3

18

6,5

75

839

,275

Add

: Ad

ditio

n du

ring

the

year

2

8,89

3,35

5 4

8,99

9 3

,029

,299

1

35,3

23

51,

117

227

,810

1

,313

,850

1

45,4

88

1,4

25,1

92

625

,593

Les

s : D

educ

tion

durin

g th

e ye

ar

13,

095,

596

94,

903

1,9

35,0

21

599

,992

1

02,4

13

922

,333

5

,532

,935

4

77,6

17

41,

513

842

,550

Clo

sing

Bal

ance

8

2,58

9,35

3 (2

5,12

1) 6

,279

,520

2

78,4

90

(32,

906)

(296

,271

) 3

,877

,133

(4

,811

) 1

,390

,254

6

22,3

18

Par

ticu

lars

G

roup

Equ

ity

Inde

x Fu

nd

Gro

up G

row

th

Fund

- I

Gro

up L

iqui

d Fu

nd

Gro

up S

hort

Te

rm D

ebt

Fund

Gro

wth

Plu

s Fu

nd I

Gro

wth

Plu

s Fu

nd II

G

row

th P

lus

Fund

III

Life

Lon

g G

ain

Fund

L

iqui

d Fu

nd

Liq

uid

Pens

ion

Fund

Ope

ning

Bal

ance

9

5,88

5 5

01,8

11

120

,997

6

33,7

78

248

,851

-

- 1

47,3

23

1,4

93,1

05

113

,238

Add

: Ad

ditio

n du

ring

the

year

1

,531

,722

-

83,

339

79,

677

11,

026

79,

613

51,

156

146

,547

1

,685

,035

3

27,0

29

Les

s : D

educ

tion

durin

g th

e ye

ar

38,

953

555

,892

2

4,69

7 3

3,58

8 3

8,53

4 6

,508

3

,629

1

36,1

88

897

,349

2

11,9

25

Clo

sing

Bal

ance

1

,588

,654

(5

4,08

1) 1

79,6

39

679

,867

2

21,3

43

73,

105

47,

527

157

,682

2

,280

,791

2

28,3

42

(Am

ount

in R

s '00

0)

96


Par

ticu

lars

M

ax G

ain

Fund

I M

ax G

ain

Fund

II

Pre

mie

r Bal

ance

d Fu

nd

Pre

mie

r Bon

d Fu

nd

Pre

mie

r Deb

t Fun

d P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier

Equi

ty In

dex

Fund

Pur

e Eq

uity

Fun

d

Ope

ning

Bal

ance

3

,582

,130

-

64,

806

304

,901

4

0,66

3 2

20,8

38

402

,384

1

,907

,199

1

,356

,397

8

04,5

49

Add

: Ad

ditio

n du

ring

the

year

2

,721

,181

6

19,4

72

8,5

39

254

,741

8

2,82

7 2

5,78

1 2

7,53

9 4

6,62

5 1

28,3

86

77,

509

Les

s : D

educ

tion

durin

g th

e ye

ar

82,

630

27,

191

19,

956

233

,376

7

4,15

4 1

36,5

49

242

,873

5

68,9

43

339

,139

2

91,2

06

Clo

sing

Bal

ance

6

,220

,681

5

92,2

81

53,

389

326

,266

4

9,33

6 1

10,0

70

187

,050

1

,384

,881

1

,145

,644

5

90,8

52

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

1 : P

OLI

CYH

OLD

ERS’

CO

NTR

IBU

TIO

N

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1

Par

ticu

lars

P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

Shi

eld

Plus

Fu

nd I

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fun

d III

S

tabl

e Fu

nd

Tot

al

Ope

ning

Bal

ance

3

,081

,081

8

5,86

9 5

27,9

93

2,7

94,2

82

- -

1,8

42,2

57

241

,841

,067

Add

: Ad

ditio

n du

ring

the

year

1

,757

,074

1

52,5

63

559

,421

1

71,2

40

828

,959

1

,212

,041

7

83,3

71

95,

309,

242

Les

s : D

educ

tion

durin

g th

e ye

ar

836

,121

5

2,49

9 1

23,3

73

207

,213

5

8,50

7 9

1,52

0 1

51,8

65

69,

147,

626

Clo

sing

Bal

ance

4

,002

,034

1

85,9

33

964

,041

2

,758

,309

7

70,4

52

1,1

20,5

21

2,4

73,7

63

268

,002

,683

(Am

ount

in R

s '00

0)


97


Part

icul

ars

Acc

Mid

Cap

Fu

nd

Acc

Mid

Cap

Fun

d II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fun

d A

sset

Allo

cati

on

Pens

ion

Fund

A

ssur

ed R

etur

n Fu

nd

Bal

ance

d Fu

nd

Bal

ance

d Pl

us

Fund

B

alan

ced

Plus

Pe

nsio

n Fu

nd

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

- 1

,253

,187

5

0,26

0 6

5,11

5 -

- -

Cor

pora

te B

onds

-

- -

1,0

59

4,2

27,2

70

137

,082

-

- -

-

Infr

astr

uctu

re B

onds

-

- -

3,0

44

10,

244,

475

722

,670

-

- -

-

Equ

ity

7,2

20,5

44

1,1

43,1

76

743

,906

9

,683

1

4,68

9,28

8 7

26,7

34

- -

- -

Mon

ey M

arke

t 1

,424

,763

2

50,9

14

287

,718

1

,278

3

,696

,393

6

31,0

30

- -

- -

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

1

7,25

0 -

- 8

,150

2

,598

,700

2

70,4

00

- -

- -

Equ

ity L

inke

d D

eben

ture

-

- -

- 1

,097

,965

-

- -

- -

Tot

al

8,6

62,5

57

1,3

94,0

90

1,0

31,6

24

23,

214

37,

807,

278

2,5

38,1

76

65,

115

- -

-

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- 3

50,4

38

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

1,2

59,6

89

185

,044

1

34,6

12

1,0

62

1,8

63,1

74

120

,039

-

- -

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- -

- 2

00

- 8

0,40

0 3

,000

-

- -

Gol

d ET

F -

- -

- -

- -

- -

-

Tot

al

1,2

59,6

89

185

,044

1

34,6

12

1,2

62

2,2

13,6

12

200

,439

3

,000

-

- -

Gra

nd T

otal

9

,922

,246

1

,579

,134

1

,166

,236

2

4,47

6 4

0,02

0,89

0 2

,738

,615

6

8,11

5 -

- -

% o

f App

rove

d to

Tot

al87

.30%

88.2

8%88

.46%

94.8

4%94

.47%

92.6

8%95

.60%

0.00

%0.

00%

0.00

%

% o

f Oth

er th

an A

ppro

ved

to T

otal

12.7

0%11

.72%

11.5

4%5.

16%

5.53

%7.

32%

4.40

%0.

00%

0.00

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

2 : I

NV

ESTM

ENTS

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

(Am

ount

in R

s '00

0)

98


Part

icul

ars

Blu

e Ch

ip

Equi

ty F

und

Bon

d Fu

nd

Bon

d Pe

nsio

n Fu

nd

Cap

ital

Gua

rant

ee

Fund

- 201

2 C

apit

al G

uara

ntee

Fu

nd- 2

014

Cap

ital

Gua

rant

ee

Fund

- 201

7 C

apit

al S

hiel

d-I

Cap

ital

Shi

eld-

II C

ash

Fund

C

ash

Plus

Fun

d

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

34,

819

1,9

24

12,

896

- -

- -

Cor

pora

te B

onds

-

1,5

24,7

34

242

,755

8

,976

-

- 1

82,7

42

6,9

94

- -

Infr

astr

uctu

re B

onds

-

1,9

73,7

49

467

,656

-

- 5

,422

3

87,5

36

14,

216

- -

Equ

ity

719

,302

-

- 2

9,93

2 1

,823

1

7,07

2 6

7,85

6 -

- -

Mon

ey M

arke

t 1

73,4

79

2,7

62,4

43

575

,859

-

284

-

16,

445

6,1

13

608

,614

7

20,3

38

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

983

,690

3

98,0

50

5,0

00

1,2

00

- 2

73,2

10

- 2

02,5

00

244

,750

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

648

,737

-

-

Tot

al

892

,781

7

,244

,616

1

,684

,320

7

8,72

7 5

,231

3

5,39

0 9

27,7

89

676

,060

8

11,1

14

965

,088

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

47,

551

- -

1,6

57

101

9

45

5,9

41

- -

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- 3

00

- 9

00

200

2

00

- -

- -

Gol

d ET

F -

- -

- -

- -

- -

-

Tot

al

47,

551

300

-

2,5

57

301

1

,145

5

,941

-

- -

Gra

nd T

otal

9

40,3

32

7,2

44,9

16

1,6

84,3

20

81,

284

5,5

32

36,

535

933

,730

6

76,0

60

811

,114

9

65,0

88

% o

f App

rove

d to

Tot

al94

.94%

100.

00%

100.

00%

96.8

5%94

.56%

96.8

7%99

.36%

100.

00%

100.

00%

100.

00%

% o

f Oth

er th

an A

ppro

ved

to T

otal

5.06

%0.

00%

0.00

%3.

15%

5.44

%3.

13%

0.64

%0.

00%

0.00

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

2 : I

NV

ESTM

ENTS

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

(Am

ount

in R

s '00

0)


99


Part

icul

ars

Cas

h Pl

us

Pens

ion

Fund

D

ebt F

und

Deb

t Plu

s Fu

nd

Deb

t Plu

s Pe

nsio

n Fu

nd

Equ

ity

Fund

E

quit

y G

ain

Fund

E

quit

y G

row

th

Fund

E

quit

y G

row

th

Fund

II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

- -

- -

- -

-

Cor

pora

te B

onds

-

258

,772

1

82,1

40

16,

506

- -

- -

- -

Infr

astr

uctu

re B

onds

-

275

,224

3

65,1

62

34,

991

- -

- -

- -

Equ

ity

- -

- -

3,5

53,6

73

5,7

88,8

40

61,

593,

210

2,1

04,2

48

2,9

21,7

27

1,9

27,9

84

Mon

ey M

arke

t 3

6,15

6 2

36,3

14

393

,359

4

9,70

4 2

2,88

8 5

50,3

58

12,

645,

899

741

,252

6

62,2

48

9,5

36

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

1

3,60

0 9

8,90

0 2

47,5

50

19,

950

- 2

50,5

00

577

,990

5

9,70

0 5

0,00

0 -

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

49,

756

869

,210

1

,188

,211

1

21,1

51

3,5

76,5

61

6,5

89,6

98

74,

817,

099

2,9

05,2

00

3,6

33,9

75

1,9

37,5

20

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

- -

- -

196

,717

1

,439

,394

8

,794

,869

4

41,3

07

617

,529

1

06,7

26

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- 2

00

- -

- -

1,0

00

- 1

,500

-

Gol

d ET

F -

- -

- -

- -

- -

-

Tot

al

- 2

00

- -

196

,717

1

,439

,394

8

,795

,869

4

41,3

07

619

,029

1

06,7

26

Gra

nd T

otal

4

9,75

6 8

69,4

10

1,1

88,2

11

121

,151

3

,773

,278

8

,029

,092

8

3,61

2,96

8 3

,346

,507

4

,253

,004

2

,044

,246

% o

f App

rove

d to

Tot

al10

0.00

%99

.98%

100.

00%

100.

00%

94.7

9%82

.07%

89.4

8%86

.81%

85.4

4%94

.78%

% o

f Oth

er th

an A

ppro

ved

to T

otal

0.00

%0.

02%

0.00

%0.

00%

5.21

%17

.93%

10.5

2%13

.19%

14.5

6%5.

22%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)

100


Part

icul

ars

Equ

ity

Inde

x Fu

nd -

II E

quit

y In

dex

Pens

ion

Fund

E

quit

y In

dex

Pens

ion

Fund

- II

Equ

ity

Mid

cap

Fund

E

quit

y M

idca

p Pe

nsio

n Fu

nd

Equ

ity

Mid

cap

Plus

Fu

nd

Equ

ity

Plus

Fun

d E

quit

y Pl

us

Pens

ion

Fund

G

roup

Ass

et

Allo

cati

on F

und

Gro

up D

ebt

Fund

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

- -

- -

- 1

,002

-

Cor

pora

te B

onds

-

- -

- -

- -

- 5

0,55

1 1

26,2

66

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- 5

0,32

4 2

63,9

47

Equ

ity

87,

636,

857

134

,117

7

,187

,251

8

12,0

79

75,

514

1,1

78,0

39

7,7

24,4

68

512

,894

5

85,7

50

-

Mon

ey M

arke

t 9

37,0

59

- 9

3,89

8 2

49,3

07

20,

261

376

,186

1

,330

,602

7

6,84

4 2

55,8

22

155

,756

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

- -

- -

- -

- 9

1,50

0 2

09,8

00

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

88,

573,

916

134

,117

7

,281

,149

1

,061

,386

9

5,77

5 1

,554

,225

9

,055

,070

5

89,7

38

1,0

34,9

49

755

,769

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

4,8

69,5

39

7,4

24

397

,856

1

46,1

75

13,

665

212

,812

1

,590

,141

1

07,9

13

63,

805

-

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- 2

00

700

-

- -

- -

1,1

00

-

Gol

d ET

F -

- -

- -

- -

- -

-

Tot

al

4,8

69,5

39

7,6

24

398

,556

1

46,1

75

13,

665

212

,812

1

,590

,141

1

07,9

13

64,

905

-

Gra

nd T

otal

9

3,44

3,45

5 1

41,7

41

7,6

79,7

05

1,2

07,5

61

109

,440

1

,767

,037

1

0,64

5,21

1 6

97,6

51

1,0

99,8

54

755

,769

% o

f App

rove

d to

Tot

al94

.79%

94.6

2%94

.81%

87.9

0%87

.51%

87.9

6%85

.06%

84.5

3%94

.10%

100.

00%

% o

f Oth

er th

an A

ppro

ved

to T

otal

5.21

%5.

38%

5.19

%12

.10%

12.4

9%12

.04%

14.9

4%15

.47%

5.90

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

2 : I

NV

ESTM

ENTS

Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

(Am

ount

in R

s '00

0)


101


Part

icul

ars

Gro

up E

quit

y In

dex

Fund

G

roup

Gro

wth

Fu

nd -

I G

roup

Liq

uid

Fund

G

roup

Sho

rt

Term

Deb

t Fun

d G

row

th P

lus

Fund

I G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

97,

352

- -

- 2

7,04

5 -

-

Cor

pora

te B

onds

-

- -

64,

196

59,

758

- 1

,018

4

,907

-

-

Infr

astr

uctu

re B

onds

-

- -

391

,465

1

26,2

69

- 5

,877

3

5,76

5 -

-

Equ

ity

1,2

56,9

08

- -

- -

- 3

4,19

7 -

- -

Mon

ey M

arke

t 9

,174

-

166

,872

-

20,

321

7,2

70

- 1

14,4

67

1,6

38,8

58

212

,909

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

- 3

1,45

0 1

95,0

00

- -

- 1

5,00

0 4

44,8

00

33,

000

Equ

ity L

inke

d D

eben

ture

-

- -

- -

53,

670

- -

- -

Tot

al

1,2

66,0

82

- 1

98,3

22

748

,013

2

06,3

48

60,

940

41,

092

197

,184

2

,083

,658

2

45,9

09

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

69,

577

- -

- -

- 7

,142

-

- -

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

8,0

00

- -

- 1

4,70

0 2

,000

2

,100

3

,500

-

-

Gol

d ET

F -

- -

- -

- -

- -

-

Tot

al

77,

577

- -

- 1

4,70

0 2

,000

9

,242

3

,500

-

-

Gra

nd T

otal

1

,343

,659

-

198

,322

7

48,0

13

221

,048

6

2,94

0 5

0,33

4 2

00,6

84

2,0

83,6

58

245

,909

% o

f App

rove

d to

Tot

al94

.23%

0.00

%10

0.00

%10

0.00

%93

.35%

96.8

2%81

.64%

98.2

6%10

0.00

%10

0.00

%

% o

f Oth

er th

an A

ppro

ved

to T

otal

5.77

%0.

00%

0.00

%0.

00%

6.65

%3.

18%

18.3

6%1.

74%

0.00

%0.

00%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)

102


Part

icul

ars

Max

Gai

n Fu

nd I

Max

Gai

n Fu

nd II

P

rem

ier

Bala

nced

Fun

d P

rem

ier B

ond

Fund

P

rem

ier D

ebt F

und

Pre

mie

r Equ

ity

Fund

P

rem

ier E

quit

y G

ain

Fund

P

rem

ier E

quit

y G

row

th F

und

Pre

mie

r Equ

ity

Inde

x Fu

nd

Pur

e Eq

uity

Fu

nd

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- -

- -

- -

- -

-

Cor

pora

te B

onds

-

- -

45,

735

15,

065

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

142

,625

2

9,53

0 -

- -

- -

Equ

ity

2,9

82,3

38

- -

- -

347

,081

4

24,6

44

1,3

86,4

49

1,3

50,6

72

672

,303

Mon

ey M

arke

t 2

,760

,756

5

32,2

65

- 1

31,2

67

54,

986

- 8

8,86

5 2

49,6

19

5,8

47

247

,812

Mut

ual F

und

- -

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

10,

000

- 6

2,41

0 1

4,75

0 -

- -

- -

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

- -

-

Tot

al

5,7

43,0

94

542

,265

-

382

,037

1

14,3

31

347

,081

5

13,5

09

1,6

36,0

68

1,3

56,5

19

920

,115

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

- -

-

Infr

astr

uctu

re B

onds

-

- -

- -

- -

- -

-

Equ

ity

164

,110

-

- -

- 1

9,21

3 8

9,42

0 2

78,9

60

74,

768

131

,040

Mon

ey M

arke

t -

- -

- -

- -

- -

-

Mut

ual F

und

- 1

3,70

0 -

- 4

,000

-

- -

- -

Gol

d ET

F -

- -

- -

- -

- -

-

Tot

al

164

,110

1

3,70

0 -

- 4

,000

1

9,21

3 8

9,42

0 2

78,9

60

74,

768

131

,040

Gra

nd T

otal

5

,907

,204

5

55,9

65

- 3

82,0

37

118

,331

3

66,2

94

602

,929

1

,915

,028

1

,431

,287

1

,051

,155

% o

f App

rove

d to

Tot

al97

.22%

97.5

4%0.

00%

100.

00%

96.6

2%94

.75%

85.1

7%85

.43%

94.7

8%87

.53%

% o

f Oth

er th

an A

ppro

ved

to T

otal

2.78

%2.

46%

0.00

%0.

00%

3.38

%5.

25%

14.8

3%14

.57%

5.22

%12

.47%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)


103


Part

icul

ars

Pur

e St

ock

Fund

P

ure

Stoc

k Pe

nsio

n Fu

nd

Sec

ure

Fund

S

hiel

d Pl

us F

und

I S

hiel

d Pl

us F

und

II S

hiel

d Pl

us F

und

III

Sta

ble

Fund

T

otal

APP

ROV

ED IN

VES

TMEN

TS

Gov

ernm

ent B

onds

-

- 7

7,97

9 3

06,7

90

37,

964

67,

059

428

2

,033

,820

Cor

pora

te B

onds

-

- 1

71,7

39

99,

840

29,

952

143

,335

4

04,9

92

8,0

06,3

84

Infr

astr

uctu

re B

onds

-

- 2

94,7

42

1,0

35,2

40

330

,106

3

24,6

70

650

,042

1

8,17

4,74

7

Equ

ity

3,2

53,3

54

163

,884

1

49,0

85

303

,558

6

7,85

8 -

868

,266

2

22,3

66,5

64

Mon

ey M

arke

t 5

81,0

74

- 1

40,0

02

53,

061

38,

462

223

,244

2

70,1

03

37,

546,

354

Mut

ual F

und

- -

- -

- -

- -

Ban

k Fi

xed

Dep

osits

-

- 1

80,5

00

1,0

25,0

00

260

,000

2

49,0

00

527

,400

9

,670

,700

Equ

ity L

inke

d D

eben

ture

-

- -

- -

- -

1,8

00,3

72

Tot

al

3,8

34,4

28

163

,884

1

,014

,047

2

,823

,489

7

64,3

42

1,0

07,3

08

2,7

21,2

31

299

,598

,941

OTH

ER IN

VES

TMEN

TS

Cor

pora

te B

onds

-

- -

- -

- -

350

,438

Infr

astr

uctu

re B

onds

-

- -

- -

- -

-

Equ

ity

616

,552

1

4,10

4 1

6,31

7 2

6,58

1 5

,941

-

93,

740

24,

233,

152

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

6,4

00

20,

700

- 1

65,0

00

Gol

d ET

F -

- -

- -

- -

-

Tot

al

616

,552

1

4,10

4 1

6,31

7 2

6,58

1 1

2,34

1 2

0,70

0 9

3,74

0 2

4,74

8,59

0

Gra

nd T

otal

4

,450

,980

1

77,9

88

1,0

30,3

64

2,8

50,0

70

776

,683

1

,028

,008

2

,814

,971

3

24,3

47,5

31

% o

f App

rove

d to

Tot

al86

.15%

92.0

8%98

.42%

99.0

7%98

.41%

97.9

9%96

.67%

92.3

7%

% o

f Oth

er th

an A

ppro

ved

to T

otal

13.8

5%7.

92%

1.58

%0.

93%

1.59

%2.

01%

3.33

%7.

63%

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F2

: IN

VES

TMEN

TS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)

104


Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pe

nsio

n Fu

nd

Acc

eler

ated

Fun

d A

sset

Allo

cati

on

Fund

A

sset

Allo

cati

on

Pens

ion

Fund

A

ssur

ed R

etur

n Fu

nd

Bal

ance

d Fu

nd

Bal

ance

d Pl

us

Fund

B

alan

ced

Plus

Pe

nsio

n Fu

nd

Acc

ured

Inte

rest

1

,167

-

- 6

45

564

,128

4

2,93

4 3

54

- -

-

Ban

k Ba

lanc

es

23,

741

75,

517

- 7

2 1

55,1

03

22,

147

11,

023

71

9

2

Div

iden

d Re

ceiv

able

4

,004

4

84

423

-

3,5

10

240

-

- -

-

Rec

eiva

bles

for S

ale

of In

vest

men

ts

68,

193

10,

012

8,3

39

- 2

,585

,503

1

95,2

32

- -

- -

Mar

gin

Rece

ivab

le

116

,631

-

- -

312

,394

4

,855

-

- -

-

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

3

1,39

8 5

,159

-

30

133

,060

9

,613

7

-

- -

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Tot

al

245

,134

9

1,17

2 8

,762

7

47

3,7

53,6

98

275

,021

1

1,38

4 7

1 9

2

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

3: C

URR

ENT

ASS

ETS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al G

uara

ntee

Fu

nd- 2

012

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fu

nd- 2

017

Cap

ital

Shi

eld-

I C

apit

al

Shie

ld-II

C

ash

Fund

C

ash

Plus

Fu

nd

Acc

ured

Inte

rest

-

157

,412

2

8,42

9 6

61

292

3

81

74,

033

25,

841

7,3

70

6,2

94

Ban

k Ba

lanc

es

89,

422

70,

154

11,

105

- 2

2 5

3 -

98

2,6

47

-

Div

iden

d Re

ceiv

able

4

5 -

- 7

-

3

81

- -

-

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

- -

- -

- -

- -

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

2

,116

7

43

- -

6

37

- 7

0 8

1

0

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Tot

al

91,

583

228

,309

3

9,53

4 6

68

320

4

74

74,

114

26,

009

10,

025

6,3

04

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Acc

ured

Inte

rest

2

,109

1

3,84

8 2

9,01

5 3

,380

-

6,3

00

28,

411

3,8

80

1,4

91

-

Ban

k Ba

lanc

es

- 4

,113

1

2,28

0 -

4,3

11

12,

353

183

,594

7

9,04

4 1

4,17

2 4

,203

Div

iden

d Re

ceiv

able

-

- -

- 6

93

120

6

1,88

5 -

- 3

76

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

- -

- 1

34,5

79

590

,624

-

- -

Mar

gin

Rece

ivab

le

- -

- -

- 1

8,00

5 -

- -

-

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

1

8

9 1

22

- -

- 2

71,7

00

10,

889

13,

827

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Tot

al

2,1

10

18,

050

41,

417

3,3

80

5,0

04

171

,357

1

,136

,214

9

3,81

3 2

9,49

0 4

,579


105


Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us F

und

Equ

ity

Plus

Fun

d E

quit

y Pl

us

Pens

ion

Fund

G

roup

Ass

et

Allo

cati

on F

und

Gro

up D

ebt

Fund

Acc

ured

Inte

rest

-

- -

- -

- -

- 1

1,88

4 1

2,73

4

Ban

k Ba

lanc

es

237

,641

7

88

49,

874

1,6

15

- 3

,271

2

7,40

6 1

,888

2

97,6

89

96,

476

Div

iden

d Re

ceiv

able

1

6,84

9 2

7 1

,382

4

12

43

668

1

,007

-

- -

Rec

eiva

bles

for S

ale

of In

vest

men

ts

149

,513

-

- 9

,024

8

46

13,

240

578

,742

-

- -

Mar

gin

Rece

ivab

le

56,

953

- -

- -

- 3

4,75

2 -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

2

10,1

77

321

1

7,28

1 -

- -

- 2

,268

3

,613

7

7

App

licat

ion

Mon

ey

- -

- -

- -

100

,000

-

- -

Tot

al

671

,133

1

,136

6

8,53

7 1

1,05

1 8

89

17,

179

741

,907

4

,156

3

13,1

86

109

,287

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

3: C

URR

ENT

ASS

ETS

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)

Par

ticu

lars

G

roup

Equ

ity

Inde

x Fu

nd

Gro

up

Gro

wth

Fu

nd -

I

Gro

up L

iqui

d Fu

nd

Gro

up S

hort

Ter

m

Deb

t Fun

d G

row

th P

lus

Fund

I G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Acc

ured

Inte

rest

-

- 2

,023

1

8,42

1 7

,254

-

211

1

,330

1

6,19

7 2

,857

Ban

k Ba

lanc

es

244

,045

5

4 1

7,52

3 4

,097

7

-

13

2,8

19

13,

834

523

Div

iden

d Re

ceiv

able

2

15

- -

- -

- -

- -

-

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

- -

- -

- -

- -

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

3

,024

-

2

77

22

6

5

- 2

2 -

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Tot

al

247

,284

5

4 1

9,54

8 2

2,59

5 7

,283

6

2

29

4,1

49

30,

053

3,3

80

Par

ticu

lars

M

ax G

ain

Fund

I M

ax G

ain

Fund

II

Pre

mie

r Ba

lanc

ed F

und

Pre

mie

r Bon

d Fu

nd

Pre

mie

r Deb

t Fun

d P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty

Fund

Acc

ured

Inte

rest

-

650

-

5,8

93

750

-

- -

- -

Ban

k Ba

lanc

es

159

,050

3

2,30

9 -

644

-

609

-

- -

2,2

13

Div

iden

d Re

ceiv

able

5

73

- -

- -

68

- -

264

8

25

Rec

eiva

bles

for S

ale

of In

vest

men

ts

- -

- -

- -

- -

- 1

6,07

2

Mar

gin

Rece

ivab

le

- -

- -

- -

- -

- 4

7,98

7

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

1

9,20

0 1

,809

-

- -

- -

- -

-

App

licat

ion

Mon

ey

- -

- -

- -

- -

- -

Tot

al

178

,823

3

4,76

8 -

6,5

37

750

6

77

- -

264

6

7,09

7

106


Par

ticu

lars

P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

Shi

eld

Plus

Fun

d I

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fun

d III

S

tabl

e Fu

nd

Tot

al

Acc

ured

Inte

rest

-

- 3

0,02

6 4

5,58

4 1

4,99

7 1

8,84

9 4

7,37

5 1

,235

,410

Ban

k Ba

lanc

es

21,

877

32,

244

63,

698

- -

85,

014

1,1

25

2,1

73,6

02

Div

iden

d Re

ceiv

able

3

,908

2

74

- 3

66

81

- 6

41

99,

474

Rec

eiva

bles

for S

ale

of In

vest

men

ts

64,

287

- -

- -

- -

4,4

24,2

06

Mar

gin

Rece

ivab

le

6,3

18

- -

- -

- -

597

,895

App

ropr

iatio

n / E

xpro

pria

tion

(ASS

ETS)

1

4,62

7 6

78

531

-

- 1

05

2,8

63

755

,593

App

licat

ion

Mon

ey

- -

- -

- -

- 1

00,0

00

Tot

al

111

,017

3

3,19

6 9

4,25

5 4

5,95

0 1

5,07

8 1

03,9

68

52,

004

9,3

86,1

80

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F3:

CU

RREN

T A

SSET

S Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

(Am

ount

in R

s '00

0)


107


Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pen

sion

Fu

nd

Acc

eler

ated

Fu

nd

Ass

et A

lloca

tion

Fun

d A

sset

Allo

cati

on P

ensi

on

Fund

A

ssur

ed R

etur

n Fu

nd

Bal

ance

d Fu

nd

Bal

ance

d Pl

us

Fund

B

alan

ced

Plus

Pe

nsio

n Fu

nd

Pay

able

for p

urch

ase

of In

vest

men

ts

451

,101

2

,091

1

,601

-

2,5

86,0

40

32,

684

- -

- -

Oth

er C

urre

nt L

iabi

litie

s 5

11

65

47

1

1,5

58

112

2

-

- -

Ban

k Ba

lanc

es

- -

1,7

84

- -

- -

- -

-

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

3,8

14

- -

- -

- -

-

Tot

al

451

,612

2

,156

7

,246

1

2

,587

,598

3

2,79

6 2

-

- -

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

4: C

URR

ENT

LIA

BILI

TIES

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al

Gua

rant

ee F

und-

20

12

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fun

d-

2017

C

apit

al S

hiel

d-I

Cap

ital

Sh

ield

-II

Cas

h Fu

nd

Cas

h Pl

us F

und

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

- -

- -

- -

- -

Oth

er C

urre

nt L

iabi

litie

s 3

6 8

50

250

3

-

1

84

68

55

23

Ban

k Ba

lanc

es

- -

- 5

69

- -

85

- -

26,

510

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

171

8

3 -

- 1

00

- -

-

Tot

al

36

850

4

21

655

-

1

269

6

8 5

5 2

6,53

3

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

E

quit

y G

row

th

Pens

ion

Fund

E

quit

y In

dex

Fund

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

- -

- 2

08,2

15

689

,684

-

- -

Oth

er C

urre

nt L

iabi

litie

s 1

2

03

311

2

5 2

57

663

4

,421

1

37

173

6

4

Ban

k Ba

lanc

es

668

-

- 1

,924

-

- -

- -

-

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

- 1

2 8

,491

2

5,93

4 -

- -

4,6

00

Tot

al

669

2

03

311

1

,961

8

,748

2

34,8

12

694

,105

1

37

173

4

,664

Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us F

und

Equ

ity

Plus

Fu

nd

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up D

ebt

Fund

Pay

able

for p

urch

ase

of In

vest

men

ts

250

,824

-

- 1

,660

1

52

2,4

22

293

,244

-

- -

Oth

er C

urre

nt L

iabi

litie

s: 3

,555

5

2

92

101

5

8

1 5

02

32

42

109

Ban

k Ba

lanc

es

- -

- -

318

-

- -

- -

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

- 3

,949

3

58

5,7

80

35,

966

- -

-

Tot

al

254

,379

5

2

92

5,7

10

833

8

,283

3

29,7

12

32

42

109

Par

ticu

lars

G

roup

Equ

ity

Inde

x Fu

nd

Gro

up

Gro

wth

Fu

nd -

I

Gro

up L

iqui

d Fu

nd

Gro

up S

hort

Te

rm D

ebt F

und

Gro

wth

Plu

s Fu

nd I

Gro

wth

Plu

s Fu

nd II

G

row

th P

lus

Fund

III

Life

Lon

g G

ain

Fund

L

iqui

d Fu

nd

Liq

uid

Pens

ion

Fund

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

- -

- -

- -

- -

Oth

er C

urre

nt L

iabi

litie

s 6

1 -

5

22

9

2

2

13

63

7

Ban

k Ba

lanc

es

- -

- -

- 3

2 -

- -

-

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

- -

- -

- 2

0 -

2

Tot

al

61

- 5

2

2 9

3

4 2

3

3 6

3 9

(Am

ount

in R

s '00

0)

108


Par

ticu

lars

M

ax G

ain

Fund

I M

ax G

ain

Fund

II

Pre

mie

r Bal

ance

d Fu

nd

Pre

mie

r Bon

d Fu

nd

Pre

mie

r Deb

t Fun

d P

rem

ier E

quit

y Fu

nd

Pre

mie

r Equ

ity

Gai

n Fu

nd

Pre

mie

r Equ

ity

Gro

wth

Fun

d P

rem

ier E

quit

y In

dex

Fund

P

ure

Equi

ty

Fund

Pay

able

for p

urch

ase

of In

vest

men

ts

- -

- -

- -

- -

- 1

88,4

58

Oth

er C

urre

nt L

iabi

litie

s 2

68

25

- 3

2 8

2

5 4

1 1

59

119

4

2

Ban

k Ba

lanc

es

- -

- -

33

- 6

47

847

9

25

-

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

- 3

9 1

2 8

26

1,9

59

6,2

25

3,2

21

3,0

15

Tot

al

268

2

5 -

71

53

851

2

,647

7

,231

4

,265

1

91,5

15

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F4:

CU

RREN

T LI

ABI

LITI

ESSc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

Par

ticu

lars

P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

Shi

eld

Plus

Fu

nd I

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fun

d III

S

tabl

e Fu

nd

Tot

al

Pay

able

for p

urch

ase

of In

vest

men

ts

24,

962

- -

- -

- -

4,7

33,1

38

Oth

er C

urre

nt L

iabi

litie

s 1

83

9

39

118

3

2 4

3 1

62

16,

134

Ban

k Ba

lanc

es

- -

- 3

,164

2

82

- -

37,

788

App

ropr

iatio

n / E

xpro

pria

tion

(Lia

bilit

y)

- -

- 2

90

79

- -

104

,946

Tot

al

25,

145

9

39

3,5

72

393

4

3 1

62

4,8

92,0

06

(Am

ount

in R

s '00

0)


109


Par

ticu

lars

A

cc M

id C

ap

Fund

A

cc M

id C

ap

Fund

II

Acc

Mid

Cap

Pen

sion

Fu

nd

Acc

eler

ated

Fun

d A

sset

Allo

cati

on

Fund

A

sset

Allo

cati

on P

ensi

on

Fund

A

ssur

ed

Retu

rn F

und

Bal

ance

d Fu

nd

Bal

ance

d Pl

us F

und

Bal

ance

d Pl

us

Pens

ion

Fund

Pol

icy

Adm

inis

trat

ion

Char

ge

167

,147

4

7,85

0 7

,937

-

1,9

08,4

21

31,

018

- -

- -

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 7

8 -

11

- 1

1 -

- -

- -

Mor

talit

y Ch

arge

7

9,48

8 1

8,22

5 8

91

- 4

62,7

36

4,1

05

760

-

- -

Rid

er P

rem

ium

Cha

rge

14,

781

580

8

8 -

67,

891

236

3

4 -

- -

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 3

2,16

6 8

,496

3

,061

3

4 1

96,6

87

7,0

03

87

- -

-

Tot

al

293

,660

7

5,15

1 1

1,98

8 3

4 2

,635

,746

4

2,36

2 8

81

- -

-

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F5:

OTH

ER E

XPE

NSE

SSc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

Par

ticu

lars

B

lue

Chip

Eq

uity

Fun

d B

ond

Fund

B

ond

Pens

ion

Fund

C

apit

al G

uara

ntee

Fu

nd- 2

012

Cap

ital

Gua

rant

ee

Fund

- 201

4 C

apit

al G

uara

ntee

Fun

d-

2017

C

apit

al S

hiel

d-I

Cap

ital

Sh

ield

-II

Cas

h Fu

nd

Cas

h Pl

us

Fund

Pol

icy

Adm

inis

trat

ion

Char

ge

4,8

40

178

,283

5

,695

1

,492

9

3 6

67

- -

- 2

,740

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e -

266

4

0 -

- -

- -

46

205

Mor

talit

y Ch

arge

1

,755

7

8,84

8 6

20

1,3

39

106

4

82

- -

10,

088

5,4

70

Rid

er P

rem

ium

Cha

rge

85

18,

223

38

- -

- -

- 3

,155

7

50

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 4

66

23,

944

2,6

02

307

2

3 1

23

2,7

92

2,3

19

3,4

51

2,1

26

Tot

al

7,1

46

299

,564

8

,995

3

,138

2

22

1,2

72

2,7

92

2,3

19

16,

740

11,

291

Par

ticu

lars

C

ash

Plus

Pe

nsio

n Fu

nd

Deb

t Fun

d D

ebt P

lus

Fund

D

ebt P

lus

Pens

ion

Fund

E

quit

y Fu

nd

Equ

ity

Gai

n Fu

nd

Equ

ity

Gro

wth

Fu

nd

Equ

ity

Gro

wth

Fu

nd II

Equ

ity

Gro

wth

Pe

nsio

n Fu

nd

Equ

ity

Inde

x Fu

nd

Pol

icy

Adm

inis

trat

ion

Char

ge

249

1

5

,958

4

96

3

- 1

,739

,498

9

3,32

7 3

2,29

6 1

3,53

5

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 7

7 1

24

286

3

48

90

75

71

- 9

2

07

Mor

talit

y Ch

arge

7

7 1

0,14

3 9

,606

1

84

29,

524

68,

124

863

,824

3

2,61

9 1

,800

1

4,81

0

Rid

er P

rem

ium

Cha

rge

13

2,0

95

1,2

76

43

7,8

58

13,

028

143

,496

7

80

101

2

,345

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 1

00

3,5

48

2,8

50

218

1

3,34

8 3

3,82

3 3

06,5

20

17,

861

8,0

86

5,0

44

Tot

al

516

1

5,91

1 1

9,97

6 1

,289

5

0,82

3 1

15,0

50

3,0

53,4

09

144

,587

4

2,29

2 3

5,94

1

(Am

ount

in R

s '00

0)

110


Par

ticu

lars

E

quit

y In

dex

Fund

- II

Equ

ity

Inde

x Pe

nsio

n Fu

nd

Equ

ity

Inde

x Pe

nsio

n Fu

nd -

II E

quit

y M

idca

p Fu

nd

Equ

ity

Mid

cap

Pens

ion

Fund

E

quit

y M

idca

p Pl

us F

und

Equ

ity

Plus

Fu

nd

Equ

ity

Plus

Pe

nsio

n Fu

nd

Gro

up A

sset

A

lloca

tion

Fu

nd

Gro

up D

ebt

Fund

Pol

icy

Adm

inis

trat

ion

Char

ge

3,0

19,0

02

656

7

0,34

5 -

424

5

,698

4

6,20

9 2

,948

2

,307

-

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 2

13

180

4

8 2

9 7

5 1

47

407

4

18

- -

Mor

talit

y Ch

arge

1

,086

,479

2

11

5,2

75

9,8

69

66

7,8

80

68,

809

568

1

1,39

7 -

Rid

er P

rem

ium

Cha

rge

170

,413

7

8 3

22

2,5

88

16

1,9

93

11,

458

168

7

6 -

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 3

57,2

29

264

1

5,20

0 5

,380

2

33

4,4

49

28,

787

1,4

56

2,0

45

670

Tot

al

4,6

33,3

36

1,3

89

91,

190

17,

866

814

2

0,16

7 1

55,6

70

5,5

58

15,

825

670

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SC

HED

ULE

F5:

OTH

ER E

XPE

NSE

SSc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt a

s at

31st

Mar

ch 2

011

Par

ticu

lars

G

roup

Equ

ity

Inde

x Fu

nd

Gro

up

Gro

wth

Fu

nd -

I

Gro

up L

iqui

d Fu

nd

Gro

up S

hort

Ter

m

Deb

t Fun

d G

row

th P

lus

Fund

I G

row

th P

lus

Fund

II

Gro

wth

Plu

s Fu

nd II

I L

ife L

ong

Gai

n Fu

nd

Liq

uid

Fund

L

iqui

d Pe

nsio

n Fu

nd

Pol

icy

Adm

inis

trat

ion

Char

ge

3,8

65

- -

- 4

,708

1

,142

3

40

- 8

9,70

8 8

56

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e -

- -

- -

- -

- 6

1 1

5

Mor

talit

y Ch

arge

1

6,12

5 -

- -

710

1

79

65

728

4

4,22

5 5

3

Rid

er P

rem

ium

Cha

rge

483

-

- -

- -

2

- 1

2,25

9 5

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 4

,251

-

204

9

36

540

1

07

28

519

1

6,28

5 3

51

Tot

al

24,

724

- 2

04

936

5

,958

1

,428

4

35

1,2

47

162

,538

1

,280

Par

ticu

lars

M

ax G

ain

Fund

I M

ax G

ain

Fund

II

Pre

mie

r Bal

ance

d Fu

nd

Pre

mie

r Bon

d Fu

nd

Pre

mie

r Deb

t Fu

nd

Pre

mie

r Equ

ity

Fund

P

rem

ier E

quit

y G

ain

Fund

P

rem

ier

Equi

ty G

row

th

Fund

Pre

mie

r Eq

uity

Inde

x Fu

nd

Pur

e Eq

uity

Fu

nd

Pol

icy

Adm

inis

trat

ion

Char

ge

294

,144

-

- 2

,189

1

,220

3

,961

6

,591

1

6,02

4 1

0,94

9 3

2,66

0

Sur

rend

er C

harg

e -

- -

- -

- -

- -

-

Sw

itchi

ng C

harg

e -

- -

33

6

2

4

5

29

1

Mor

talit

y Ch

arge

7

5,63

8 1

2,48

1 -

1,6

10

505

1

,675

2

,582

1

1,01

4 7

,615

1

5,08

7

Rid

er P

rem

ium

Cha

rge

1,2

49

- -

- -

- -

- -

1,1

93

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 2

4,40

5 1

,519

-

1,2

84

349

1

,213

1

,978

7

,423

5

,260

4

,140

Tot

al

395

,436

1

4,00

0 -

5,1

16

2,0

80

6,8

51

11,

155

34,

466

23,

853

53,

081

(Am

ount

in R

s '00

0)


111


Par

ticu

lars

P

ure

Stoc

k Fu

nd

Pur

e St

ock

Pens

ion

Fund

S

ecur

e Fu

nd

Shi

eld

Plus

Fun

d I

Shi

eld

Plus

Fun

d II

Shi

eld

Plus

Fun

d III

S

tabl

e Fu

nd

Tot

al

Pol

icy

Adm

inis

trat

ion

Char

ge

172

,376

1

,497

-

56,

511

12,

762

7,2

53

- 8

,107

,891

Sur

rend

er C

harg

e -

- -

- -

- -

-

Sw

itchi

ng C

harg

e 1

1 2

-

- -

- -

3,6

30

Mor

talit

y Ch

arge

6

3,55

2 1

82

- 1

0,58

7 1

,755

1

,502

-

3,1

54,0

48

Rid

er P

rem

ium

Cha

rge

6,9

72

30

- -

- 2

9 -

486

,230

Par

tial W

ithdr

awal

Cha

rge

- -

- -

- -

- -

Mis

cella

neou

s Cha

rge

- -

- -

- -

- -

Ser

vice

Tax

Exp

ense

s 1

9,25

6 7

29

1,0

23

6,5

80

1,3

50

626

3

,792

1

,196

,946

Tot

al

262

,167

2

,440

1

,023

7

3,67

8 1

5,86

7 9

,410

3

,792

12

,948

,745

Appe

ndix

II R

efer

Sch

edul

e 16

Not

e 24

SCH

EDU

LE F

5: O

THER

EX

PEN

SES

Sche

dule

s to

Fund

Rev

enue

Acc

ount

as a

t 31

st M

arch

201

1(A

mou

nt in

Rs '

000)

112


Name of Related Party Issuer/Counterparty/Broker Type of Transaction Current Year

Bajaj Auto Ltd. Counter Party Purchase 485,769

Bajaj Auto Ltd. Counter Party Sale 260,586

Bajaj Finance Ltd. Issuer Interest 8,300

Name of Related Party Issuer/Counterparty/Broker Type of Transaction Previous Year

Bajaj Holding and Investments Ltd. Counter Party Sale 106,065

Bajaj Auto Ltd. Counter Party Sale 694,157

Bajaj Finance Ltd. Issuer Purchase 100,000

Company Name % of holding in AUM (2012) % of holding in AUM (2011)

Bajaj Finance Ltd. 0.033% 0.030%

(Rs in ‘000)

Bajaj Finance Limited (Earlier Known as Bajaj Auto Finance Limited)

ii) Company wise details of investments held in the promoter group:

119

Appendix III refer Schedule 16 Note 24

Schedules forming part of financial statements for year ended 31st March 2012

Disclosure for Unit Linked Business as per Unit Linked Disclosure Norms:

Performance of Fund: Refer Enclosure “A”

I. Investment Management

i) Activities outsourced: Nil.

ii) Fees paid for various activities charged to Policyholders’ account: Refer Enclosure “B”.

iii) Basis of Payment of Fees: Refer Enclosure “B”.

II. Related party transactions

i) During the year details of payments and receipts made to/from related parties are as follows:

iii) Industry wise Disclosure of Investment: Refer Enclosure “C”.

iv) Unclaimed redemption of Units: As on 31st March 12 there are no unclaimed redemption of units.

v) Highest, Lowest and Closing NAV at the end of the year: Refer Enclosure “D”.

vi) Expenses Charged to Fund (percentage basis):

i) Annualized expense ratio to average daily assets of the Fund: Refer Enclosure “E”

vii) Ratio of Gross income to average daily net assets: Refer Enclosure “F”

viii) There are no doubtful debts on assets as on 31st March 12.

vi) Disclosure of appreciation and/or depreciation in value of investments: Refer Enclosure “G”


113

(Rs in ‘000)

Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24

Appendix III Refer Schedule 16 Note 24

Enclosure A : Performance of Fund (Absolute Growth %)

* Balance Fund’s Last decleared NAV considered as of 23 Dec 2011

Fund Names Date of Inception

Current Year

2011-12 (%)

2010-11 (%)

2009-10 (%)

Since Inception

(%)

Acc Mid Cap Fund 24-Jul-06 (5.07) 6.69 124.22 101.29

Acc Mid Cap Pension Fund

24-Jul-06 (3.54) 5.70 134.12 112.02

Accelerated Fund 18-Nov-04 3.86 15.44 52.37 159.74

Accelerator Mid Cap Fund II

6-Jan-10 (4.23) 8.37 7.97 12.06

Asset Allocation Fund

28-Sep-07 1.64 8.20 34.67 36.13

Asset Allocation Pension Fund

28-Jan-08 2.09 7.04 32.45 28.06

Assured Return Fund

27-Jan-11 5.13 1.84 - 7.06

Balanced Fund * 15-Jan-04 - 8.11 33.39 72.87

Balanced Plus Fund *

23-Jul-04 - 9.41 34.28 108.85

Balanced Plus Pension Fund *

18-Nov-04 - 9.81 33.93 99.85

Blue Chip Equity Fund

26-Oct-10 (3.39) (5.22) - (8.43)

Bond Fund 10-Jul-06 7.68 6.66 9.06 61.80

Bond Pension Fund 24-Jul-06 8.15 6.78 8.93 66.00

Capital Guarantee Fund- 2012

11-Jan-07 (3.53) 5.51 18.24 31.08


11-Jan-07 1.20 7.06 19.46 37.95


11-Jan-07 (1.85) 9.74 29.00 40.80

Capital Shield-I 24-Nov-08 5.34 5.70 16.84 36.07

Capital Shield-II 24-Nov-08 (3.44) 8.55 30.69 42.42

Cash Fund 15-Jan-04 7.30 5.56 6.70 60.63

Cash Plus Fund 23-Jul-04 9.08 7.12 8.57 80.00

Cash Plus Pension Fund

18-Nov-04 9.18 7.62 9.26 81.16

Debt Fund 15-Jan-04 6.43 5.98 6.78 54.51

Debt Plus Fund 23-Jul-04 8.05 7.45 9.19 74.24

Debt Plus Pension Fund

18-Nov-04 9.18 7.65 9.83 81.20

Equity Fund 15-Jan-04 (9.83) 9.73 70.20 138.16

Equity Gain Fund 23-Jul-04 (3.96) 10.20 70.45 246.11

Equity Growth Fund 24-Jul-06 (0.34) 12.72 69.47 68.76

Equity Growth Fund II

6-Jan-10 2.37 16.38 6.14 26.45

Equity Growth Pension Fund

24-Jul-06 2.36 16.46 80.56 87.95

Equity Index Fund 23-Jul-04 (8.74) 11.11 72.53 218.23

Equity Index Fund - II

24-Jul-06 (9.26) 10.78 72.41 69.98

Equity Index Pension Fund

18-Nov-04 (8.89) 11.79 72.78 181.26

Equity Index Pension Fund - II

24-Jul-06 (9.18) 10.80 72.32 66.68

Equity Midcap Fund 9-Mar-05 (4.48) 2.06 100.11 185.01

Equity Midcap Pension Fund

9-Mar-05 (3.25) 6.96 132.89 305.43

Equity Midcap Plus Fund

9-Mar-05 (3.77) 6.18 128.82 261.48

Fund Names Date of Inception

Current Year

2011-12 (%)

2010-11 (%)

2009-10 (%)

Since Inception

(%)

Equity Plus Fund 23-Jul-04 (0.56) 10.19 73.30 279.42

Equity Plus Pension Fund

18-Nov-04 2.61 16.70 84.61 300.71

Group Asset Allocation Fund

26-Feb-10 (0.49) 20.02 2.76 22.73

Group Blue Chip Fund

18-Apr-11 (0.95) - - (0.95)

Group Debt Fund 26-Mar-08 8.44 7.92 10.14 45.13

Group Equity Fund 18-Apr-11 1.94 - - 1.94

Group Equity Index Fund

22-Feb-10 (9.75) 9.60 0.71 (0.39)

Group Growth Fund-I

7-Jul-09 - - 3.62 10.78

Group Growth Fund-II

11-May-11 5.71 - - 5.71

Group Liquid Fund 3-Nov-08 9.14 7.35 11.24 37.07

Group Return Shield Fund

21-Jun-11 4.97 - - 4.97

Group Short Term Debt Fund

28-Feb-09 6.34 9.01 7.15 24.43

Group Short Term Debt Fund - II

18-Apr-11 4.59 - - 4.59

Growth Plus Fund I 14-Jan-10 5.98 5.45 0.93 12.80

Growth Plus Fund II 10-May-10 (2.60) (11.65) - (13.95)

Growth Plus Fund III 26-Oct-10 2.83 7.47 - 10.51

Guaranteed Bond Fund

5-Dec-11 2.16 - - 2.16

Life Long Gain Fund 23-Jul-04 4.60 4.17 6.20 38.22

Liquid Fund 10-Jul-06 8.78 6.87 8.11 60.41

Liquid Pension Fund 24-Jul-06 8.85 7.16 8.53 61.35

Max Gain Fund I 17-Dec-09 (2.26) 9.49 3.10 10.34

Max Gain Fund II 14-Sep-10 (3.51) 5.07 - 1.37

Premier Balanced Fund *

17-Dec-05 - 7.28 30.91 50.23

Premier Bond Fund 21-Jul-06 5.73 4.63 7.29 45.65

Premier Debt Fund 17-Dec-05 6.40 4.93 8.66 55.15

Premier Equity Fund 17-Dec-05 (9.73) 9.77 70.40 75.11

Premier Equity Gain Fund

17-Dec-05 2.06 14.26 81.77 119.99

Premier Equity Growth Fund

24-Jul-06 1.59 15.34 75.45 71.00

Premier Equity Index Fund

24-Jul-06 (10.26) 9.14 69.20 55.40

Pure Equity Fund 17-Dec-05 (0.04) 7.61 80.20 134.81

Pure Stock Fund 21-Jul-06 (0.51) 7.44 75.79 118.35

Pure Stock Pension Fund

17-Apr-08 (2.08) 7.56 109.23 77.03

Secure Fund 15-Oct-04 5.61 9.39 21.21 90.09

Shield Plus Fund I 13-Jan-10 5.72 7.37 0.35 13.92

Shield Plus Fund II 10-May-10 5.80 5.78 - 11.91

Shield Plus Fund III 11-Aug-10 6.46 3.42 - 10.10

Shield Plus Fund IV 20-Apr-11 6.03 - - 6.03

Stable Fund 15-Sep-04 4.28 7.78 29.79 93.24

114


Appe

ndix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e B:

Fee

s Ch

arge

d to

Pol

icyh

olde

rs’ A

ccou

nt

Part

icul

ars

Curr

ent Y

ear

Prev

ious

Yea

r

Fund

M

anag

emen

t Ex

pens

es

Fund

A

dmin

istr

atio

n Ex

pens

es

Serv

ice

Tax

Polic

y A

dmin

istr

atio

n Ch

arge

Swit

chin

g Ch

arge

Mor

talit

y Ch

arge

Ride

r Pr

emiu

m

Char

ge

Fund

M

anag

emen

t Ex

pens

es

Fund

A

dmin

istr

atio

n Ex

pens

es

Serv

ice

Tax

Polic

y A

dmin

istr

atio

n Ch

arge

Swit

chin

g Ch

arge

Mor

talit

y Ch

arge

Ride

r Pr

emiu

m

Char

ge

Acc

Mid

Cap

Fun

d 1

50,5

25

- 4

3,19

4 1

68,6

58

69

80,

669

13,

735

172

,918

-

32,

166

167

,147

7

8 7

9,48

8 1

4,78

1

Acc

Mid

Cap

Pen

sion

Fun

d 1

5,31

7 -

3,1

37

8,5

99

6

1,0

50

110

1

3,80

0 -

3,0

61

7,9

37

11

891

8

8

Acce

lera

ted

Fund

286

-

47

31

- 1

02

- 3

00

- 3

4 -

- -

-

Acc

Mid

Cap

Fun

d II

26,

675

- 1

6,69

4 6

9,06

8 -

23,

433

801

1

1,02

4 -

8,4

96

47,

850

- 1

8,22

5 5

80

Asse

t Allo

catio

n Fu

nd 4

95,9

38

- 2

73,2

89

1,6

01,1

72

9

381

,131

5

5,01

1 4

68,0

51

- 1

96,6

87

1,9

08,4

21

11

462

,736

6

7,89

1

Asse

t Allo

catio

n Pe

nsio

n Fu

nd 3

7,43

0 -

9,5

86

25,

056

1

4,0

65

215

3

1,47

3 -

7,0

03

31,

018

0

4,1

05

236

Assu

red

Retu

rn F

und

1,7

08

- 3

,265

-

- 1

0,23

9 3

39

71

- 8

7 -

- 7

60

34

Bala

nced

Fun

d -

- -

- -

- -

- -

- -

- -

-

Bala

nced

Plu

s Fun

d -

- -

- -

- -

- -

- -

- -

-

Bala

nced

Plu

s Pen

sion

Fun

d -

- -

- -

- -

- -

- -

- -

-

Blue

Chi

p Eq

uity

Fun

d 1

5,05

3 -

8,8

95

20,

024

- 1

0,20

6 3

91

2,5

66

- 4

66

4,8

40

- 1

,755

8

5

Bond

Fun

d 7

4,50

4 -

44,

087

189

,656

3

29

82,

295

16,

739

59,

944

- 2

3,94

4 1

78,2

83

266

7

8,84

8 1

8,22

3

Bond

Pen

sion

Fun

d 1

7,87

2 -

4,2

26

6,3

03

40

654

3

6 1

2,30

2 -

2,6

02

5,6

95

40

620

3

8

Capi

tal G

uara

ntee

Fun

d- 2

012

856

-

309

1

,172

-

1,0

57

- 1

,234

-

307

1

,492

-

1,3

39

-

Capi

tal G

uara

ntee

Fun

d- 2

014

63

- 2

3 7

4 -

88

- 8

9 -

23

93

- 1

06

-

Capi

tal G

uara

ntee

Fun

d- 2

017

400

-

134

5

66

- 3

91

- 5

37

- 1

23

667

-

482

-

Capi

tal S

hiel

d-I

27,

815

- 2

,865

-

- -

- 2

7,10

7 -

2,7

92

- -

- -

Capi

tal S

hiel

d-II

21,

683

- 2

,234

-

- -

- 2

2,51

4 -

2,3

19

- -

- -

Cash

Fun

d 7

,778

9

,723

3

,036

-

42

9,1

95

2,6

89

9,1

57

11,

447

3,4

51

- 4

6 1

0,08

8 3

,155

Cash

Plu

s Fun

d 6

,375

-

2,2

50

2,4

80

147

5

,465

6

59

7,9

62

- 2

,126

2

,740

2

05

5,4

70

750

Cash

Plu

s Pen

sion

Fun

d 3

20

- 1

07

179

5

1 5

5 1

1 4

70

- 1

00

249

7

7 7

7 1

3

Deb

t Fun

d 8

,241

1

0,30

1 2

,642

1

6

8 5

,901

1

,132

9

,986

1

2,48

2 3

,548

1

1

24

10,

143

2,0

95

Deb

t Plu

s Fun

d 7

,745

-

2,8

15

3,6

88

219

6

,456

7

94

8,9

18

- 2

,850

5

,958

2

86

9,6

06

1,2

76

Deb

t Plu

s Pen

sion

Fun

d 6

83

- 1

93

238

3

5 9

4 2

1 9

40

- 2

18

496

3

48

184

4

3

Equi

ty F

und

31,

480

39,

349

10,

502

2

45

24,

986

6,0

70

41,

378

51,

722

13,

348

3

90

29,

524

7,8

58

Equi

ty G

ain

Fund

99,

990

83,

325

26,

423

- 9

5 6

2,18

7 1

0,83

2 1

35,9

27

113

,273

3

3,82

3 0

7

5 6

8,12

4 1

3,02

8

Equi

ty G

row

th F

und

1,3

23,1

33

- 3

96,4

55

1,5

30,9

15

88

813

,348

1

29,0

71

1,4

64,2

42

- 3

06,5

20

1,7

39,4

98

71

863

,824

1

43,4

96

Equi

ty G

row

th F

und

II 5

3,19

3 -

25,

571

115

,665

-

33,

161

875

3

3,27

7 -

17,

861

93,

327

- 3

2,61

9 7

80

Equi

ty G

row

th P

ensi

on F

und

52,

595

- 9

,516

2

7,59

6 9

1

,811

8

5 5

5,23

5 -

8,0

86

32,

296

9

1,8

00

101

Equi

ty In

dex

Fund

16,

838

- 4

,845

1

0,31

1 1

07

11,

966

1,7

17

22,

323

- 5

,044

1

3,53

5 2

07

14,

810

2,3

45

Equi

ty In

dex

Fund

- II

1,0

31,0

97

- 5

21,7

58

2,6

63,5

77

323

1

,009

,443

1

55,7

80

1,0

53,7

10

- 3

57,2

29

3,0

19,0

02

213

1

,086

,479

1

70,4

13

Equi

ty In

dex

Pens

ion

Fund

1,1

13

- 2

26

388

2

3 1

34

56

1,6

11

- 2

64

656

1

80

211

7

8

Equi

ty In

dex

Pens

ion

Fund

- II

87,

014

- 1

9,01

8 6

3,44

3 4

4 5

,202

2

96

86,

693

- 1

5,20

0 7

0,34

5 4

8 5

,275

3

22

Equi

ty M

idca

p Fu

nd 1

5,61

0 1

3,00

8 4

,129

-

24

9,2

41

2,1

79

21,

848

18,

207

5,3

80

0

29

9,8

69

2,5

88

Equi

ty M

idca

p Pe

nsio

n Fu

nd 1

,361

-

185

2

86

3

66

12

1,9

90

- 2

33

424

7

5 6

6 1

6

Equi

ty M

idca

p Pl

us F

und

22,

988

- 3

,902

4

,946

4

9 7

,370

1

,706

3

1,48

0 -

4,4

49

5,6

98

147

7

,880

1

,993

Equi

ty P

lus F

und

140

,258

-

25,

803

37,

605

251

6

0,44

3 9

,554

1

85,6

57

- 2

8,78

7 4

6,20

9 4

07

68,

809

11,

458

Equi

ty P

lus P

ensi

on F

und

7,9

43

- 1

,129

1

,990

8

9 4

48

140

1

2,20

0 -

1,4

56

2,9

48

418

5

68

168

Gro

up A

sset

Allo

catio

n Fu

nd 1

9,96

1 -

16,

859

7,5

17

- 3

8,82

8 3

42

3,3

31

- 2

,045

2

,307

-

11,

397

76

Gro

up D

ebt F

und

8,5

62

- 4

,781

8

04

- 8

,376

5

5

,272

-

670

-

- -

-

(Am

ount

in R

s '00

0)


115


Part

icul

ars

Curr

ent Y

ear

Prev

ious

Yea

r

Fund

M

anag

emen

t Ex

pens

es

Fund

A

dmin

istr

atio

n Ex

pens

es

Serv

ice

Tax

Polic

y A

dmin

istr

atio

n Ch

arge

Swit

chin

g Ch

arge

Mor

talit

y Ch

arge

Ride

r Pr

emiu

m

Char

ge

Fund

M

anag

emen

t Ex

pens

es

Fund

A

dmin

istr

atio

n Ex

pens

es

Serv

ice

Tax

Polic

y A

dmin

istr

atio

n Ch

arge

Swit

chin

g Ch

arge

Mor

talit

y Ch

arge

Ride

r Pr

emiu

m

Char

ge

Gro

up E

quity

Inde

x Fu

nd 2

3,23

8 -

11,

551

8,4

93

- 3

7,16

4 5

83

5,9

30

- 4

,251

3

,865

-

16,

125

483

Gro

up G

row

th F

und

- I -

- -

- -

- -

- -

- -

- -

-

Gro

up L

iqui

d Fu

nd 1

,791

-

1,0

19

332

-

2,1

05

7

1,1

53

- 2

04

- -

- -

Gro

up S

hort

Ter

m D

ebt F

und

2,3

44

- 4

24

44

- 3

05

- 6

,585

-

936

-

- -

-

Gro

wth

Plu

s Fun

d I

3,0

63

- 7

76

4,2

01

- 6

72

- 3

,261

-

540

4

,708

-

710

-

Gro

wth

Plu

s Fun

d II

804

-

246

1

,407

-

295

-

665

-

107

1

,142

-

179

-

Gro

wth

Plu

s Fun

d III

650

-

170

8

95

- 1

83

6

203

-

28

340

-

65

2

Life

Lon

g G

ain

Fund

2,0

78

2,5

98

576

-

- 6

05

67

1,8

96

2,3

70

519

-

- 7

28

-

Liqu

id F

und

22,

712

- 1

9,03

7 9

0,32

5 9

8 3

7,78

2 1

0,41

5 1

6,63

3 -

16,

285

89,

708

61

44,

225

12,

259

Liqu

id P

ensi

on F

und

2,3

77

- 5

21

972

1

1 7

4 5

1

,745

-

351

8

56

15

53

5

Max

Gai

n Fu

nd I

82,

270

16,

455

55,

794

286

,732

-

48,

486

952

4

7,35

5 9

,471

2

4,40

5 2

94,1

44

- 7

5,63

8 1

,249

Max

Gai

n Fu

nd II

8,3

58

1,6

72

6,9

27

6,8

24

- 3

0,84

7 -

2,2

90

458

1

,519

-

- 1

2,48

1 -

Prem

ier B

alan

ced

Fund

- -

- -

- -

- -

- -

- -

- -

Prem

ier B

ond

Fund

10,

251

- 1

,421

2

,173

2

9 1

,557

-

10,

394

- 1

,284

2

,189

3

3 1

,610

-

Prem

ier D

ebt F

und

2,4

60

- 3

77

924

5

3

55

- 2

,608

-

349

1

,220

6

5

05

-

Prem

ier E

quity

Fun

d 6

,802

-

1,1

17

2,8

12

2

1,5

54

- 9

,148

-

1,2

13

3,9

61

2

1,6

75

-

Prem

ier E

quity

Gai

n Fu

nd 1

1,94

8 -

1,9

54

5,2

52

3

2,3

09

- 1

5,00

9 -

1,9

78

6,5

91

4

2,5

82

-

Prem

ier E

quity

Gro

wth

Fun

d 4

5,83

2 -

6,9

83

13,

639

8

9,6

64

- 5

7,28

2 -

7,4

23

16,

024

5

11,

014

-

Prem

ier E

quity

Inde

x Fu

nd 3

2,33

0 -

4,9

53

9,5

49

21

7,3

19

- 4

1,07

0 -

5,2

60

10,

949

29

7,6

15

0

Pure

Equ

ity F

und

11,

927

- 5

,240

2

6,83

3 1

1

3,12

9 9

77

15,

326

- 4

,140

3

2,66

0 1

1

5,08

7 1

,193

Pure

Sto

ck F

und

58,

524

- 3

0,36

1 1

57,0

35

11

61,

982

6,3

54

55,

303

- 1

9,25

6 1

72,3

76

11

63,

552

6,9

72

Pure

Sto

ck P

ensi

on F

und

3,0

40

- 7

01

1,7

13

1

174

2

5 2

,281

-

729

1

,497

2

1

82

30

Secu

re F

und

15,

848

- 2

,682

7

52

- 7

,469

-

9,0

37

- 1

,023

-

- -

-

Shie

ld P

lus F

und

I 3

9,01

1 -

10,

024

53,

158

- 1

0,04

6 -

38,

938

- 6

,580

5

6,51

1 -

10,

587

0

Shie

ld P

lus F

und

II 1

0,70

4 -

2,7

15

15,

156

- 2

,060

-

8,1

01

- 1

,350

1

2,76

2 -

1,7

55

-

Shie

ld P

lus F

und

III 1

5,22

7 -

3,6

72

18,

040

- 4

,291

1

12

4,6

22

- 6

26

7,2

53

- 1

,502

2

9

Stab

le F

und

16,

130

- 1

,901

8

0 -

229

-

33,

530

- 3

,792

-

- -

-

Gro

up E

quity

Fun

d 4

96

- 1

,566

-

- 2

63

- -

- -

- -

- -

Gro

up B

lue

Chip

Fun

d 1

06

- 4

79

- -

50

- -

- -

- -

- -

Gro

up S

hort

Ter

m D

ebt F

und

II 1

9 -

65

105

-

166

-

- -

- -

- -

-

Shie

ld P

lus F

und

IV 1

,531

-

851

1

,682

-

462

2

2 -

- -

- -

- -

Gro

up G

row

th F

und

II 7

56

- 1

05

- -

- -

- -

- -

- -

-

Gro

up R

etur

n Sh

ield

Fun

d 5

88

- 1

,302

-

- 3

98

- -

- -

- -

- -

Gua

rant

eed

Bond

Fun

d 2

,982

-

1,4

71

6,9

47

- 3

,573

-

- -

- -

- -

-

Tota

l 4

,266

,600

1

76,4

31

1,6

71,1

11

7,2

78,0

85

2,3

56

2,9

95,1

24

430

,928

4

,407

,904

2

19,4

29

1,19

6,94

4 8

,107

,892

3

,630

3

,154

,045

4

86,2

35

Basi

s of

Pay

men

t of F

ees

Fund

Man

agem

ent E

xpen

ses

% o

f NAV

Fund

Adm

inis

trat

ion

Expe

nses

% o

f NAV

/Fix

ed A

mou

nt

Serv

ice

Tax

As p

er th

e ap

plic

able

rate

s of

Serv

ice

Tax

Polic

y Ad

min

istr

atio

n Ch

arge

Char

ges a

pplic

able

p.a

.

Basi

s of

Pay

men

t of F

ees

Switc

hing

Cha

rge

Expe

nse

per s

witc

h

Mor

talit

y Ch

arge

As p

er m

orta

lity

tabl

e

Ride

r Pre

miu

m C

harg

eAs

per

ride

r cha

rges

in th

e p

olic

y do

cum

ents

(Am

ount

in R

s '00

0)

Appe

ndix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e B:

Fee

s Ch

arge

d to

Pol

icyh

olde

rs’ A

ccou

nt

116



Enclosure C: Summary of Industry Wise Disclosure of Investments

Industry Current Year Previous Year

Amt in Rs. '000 Exposure (%) Amt in Rs. '000 Exposure (%)

Banking services Industry - Fixed Deposit and Certificate of Deposit

35,897,498 12.19 44,296,402 13.66

Banking services Industry - Other than Fixed Deposit and Certificate of Deposit

40,066,155 13.60 51,139,026 15.77

Computer Software Industry - - 33,996,228 10.48

Others 218,630,181 74.21 194,915,869 60.09

Total 294,593,833 100.00 324,347,526 100.00

Note : - Industry Exposure does not include cash element

Fundwise Industrywise Disclosure of Investments

Portolio Name Current Year Previous Year

Banking Services Industry Others Banking Services Industry Computer Software Industry

Others

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Acc Mid Cap Fund 1,410,596 1.86 6,878,853 3.15 2,520,407 2.65 776,788 2.28 6,625,051 3.40

Acc Mid Cap Pension Fund 235,769 0.31 957,400 0.44 405,655 0.43 74,804 0.22 685,777 0.35

Accelerated Fund 7,670 0.01 15,791 0.01 10,855 0.01 972 - 12,649 0.01

Accelerator Mid Cap Fund II 538,074 0.71 1,941,109 0.89 447,631 0.47 132,871 0.39 998,631 0.51

Asset Allocation Fund 8,354,719 11.00 30,072,149 13.75 10,136,925 10.62 2,932,249 8.63 26,951,717 13.84

Asset Allocation Pension Fund 944,122 1.24 2,174,339 0.99 1,096,375 1.15 132,605 0.39 1,509,635 0.77

Assured Return Fund 45,624 0.06 154,188 0.07 - - - - 68,115 0.03

Blue Chip Equity Fund 261,870 0.34 1,262,059 0.58 326,857 0.34 130,453 0.38 483,021 0.25

Bond Fund 3,555,992 4.68 3,709,869 1.70 4,222,196 4.42 - - 3,022,721 1.55

Bond Pension Fund 889,683 1.17 1,141,636 0.52 973,909 1.02 - - 710,411 0.36

Capital Guarantee Fund- 2012 4,613 0.01 16,004 0.01 11,480 0.01 4,647 0.01 65,157 0.03

Capital Guarantee Fund- 2014 572 - 3,471 - 1,380 - 283 - 3,870 -

Capital Guarantee Fund- 2017 3,098 - 25,653 0.01 3,696 - 2,652 0.01 30,188 0.02

Capital Shield-I 145,125 0.19 725,588 0.33 269,088 0.28 5,568 0.02 659,074 0.34

Capital Shield-II - - 580,666 0.27 6,113 0.01 - - 669,948 0.34

Cash Fund 734,615 0.97 6,494 - 811,114 0.85 - - - -

Cash Plus Fund 863,182 1.14 1,898 - 965,088 1.01 - - - -

Cash Plus Pension Fund 44,125 0.06 899 - 49,756 0.05 - - - -

Debt Fund 246,661 0.32 536,717 0.25 354,541 0.37 - - 514,864 0.26

Debt Plus Fund 432,200 0.57 507,846 0.23 682,071 0.71 - - 506,139 0.26

Debt Plus Pension Fund 69,518 0.09 35,946 0.02 79,055 0.08 - - 42,096 0.02

Equity Fund 586,219 0.77 2,346,714 1.07 792,259 0.83 551,682 1.62 2,429,337 1.25

Equity Gain Fund 1,621,383 2.13 4,625,512 2.12 2,597,158 2.72 1,122,476 3.30 4,309,457 2.21

Equity Growth Fund 18,787,562 24.73 53,663,939 24.55 26,818,249 28.10 8,413,417 24.75 48,381,301 24.83

Equity Growth Fund II 1,183,020 1.56 3,533,007 1.62 1,287,275 1.35 336,963 0.99 1,722,270 0.88

Equity Growth Pension Fund 869,835 1.15 2,778,057 1.27 1,539,885 1.61 472,036 1.39 2,241,084 1.15

Equity Index Fund 305,350 0.40 1,238,358 0.57 426,943 0.45 299,303 0.88 1,318,000 0.68

Equity Index Fund - II 16,508,733 21.73 62,718,037 28.69 19,866,945 20.83 13,654,636 40.18 59,921,874 30.75

Equity Index Pension Fund 20,245 0.03 81,004 0.04 29,040 0.03 20,821 0.06 91,880 0.05

Equity Index Pension Fund - II 1,389,511 1.83 5,445,182 2.49 1,649,925 1.73 1,115,760 3.28 4,914,019 2.52

Equity Midcap Fund 154,336 0.20 822,835 0.38 377,111 0.40 81,505 0.24 748,946 0.38

Equity Midcap Pension Fund 14,903 0.02 72,444 0.03 32,205 0.03 7,478 0.02 69,756 0.04

Equity Midcap Plus Fund 249,147 0.33 1,200,082 0.55 562,182 0.59 118,068 0.35 1,086,787 0.56

Equity Plus Fund 2,245,150 2.95 6,286,678 2.88 3,305,438 3.46 1,397,745 4.11 5,942,027 3.05

Equity Plus Pension Fund 112,912 0.15 366,876 0.17 221,145 0.23 82,530 0.24 393,976 0.20

Group Asset Allocation Fund 879,860 1.16 1,160,880 0.53 510,238 0.53 62,557 0.18 527,060 0.27

Group Blue Chip Fund 3,129 - 27,466 0.01 - - - - - -

Group Debt Fund 419,572 0.55 393,744 0.18 370,277 0.39 - - 385,493 0.20

Group Equity Fund 28,926 0.04 80,176 0.04 - - - - - -


117


Portolio Name Current Year Previous Year

Banking Services Industry Others Banking Services Industry Computer Software Industry

Others

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Amt in Rs. '000

Exposure (%)

Group Growth Fund-I - - - - - - - - - -

Group Growth Fund-II 83,800 0.11 98,998 0.05 - - - - - -

Group Liquid Fund 318,476 0.42 699 - 195,822 0.21 - - 2,500 -

Group Return Shield Fund 36,940 0.05 62,364 0.03 - - - - - -

Group Short Term Debt Fund 20,800 0.03 58,816 0.03 195,000 0.20 - - 553,013 0.28

Group Short Term Debt Fund - II

10,726 0.01 12,879 0.01 - - - - - -

Growth Plus Fund I 73,450 0.10 147,279 0.07 40,197 0.04 - - 180,851 0.09

Growth Plus Fund II 5,890 0.01 52,316 0.02 7,270 0.01 - - 55,670 0.03

Growth Plus Fund III 9,809 0.01 38,967 0.02 9,661 0.01 5,458 0.02 35,216 0.02

Guaranteed Bond Fund 317,686 0.42 1,306,329 0.60 - - - - - -

Life Long Gain Fund 42,716 0.06 172,406 0.08 40,670 0.04 - - 160,015 0.08

Liquid Fund 2,589,088 3.41 2,098 - 2,083,658 2.19 - - - -

Liquid Pension Fund 252,553 0.33 599 - 245,909 0.26 - - - -

Max Gain Fund I 4,030,495 5.31 4,615,701 2.11 3,255,091 3.42 465,446 1.37 2,186,664 1.12

Max Gain Fund II 417,600 0.55 491,082 0.22 520,498 0.55 - - 35,467 0.02

Premier Bond Fund 141,430 0.19 205,826 0.09 193,677 0.20 - - 188,360 0.10

Premier Debt Fund 68,815 0.09 40,169 0.02 69,735 0.07 - - 48,595 0.02

Premier Equity Fund 53,886 0.07 216,301 0.10 75,142 0.08 53,885 0.16 237,268 0.12

Premier Equity Gain Fund 112,080 0.15 373,635 0.17 209,398 0.22 68,360 0.20 325,171 0.17

Premier Equity Growth Fund 358,010 0.47 1,153,453 0.53 631,316 0.66 213,233 0.63 1,070,478 0.55

Premier Equity Index Fund 207,824 0.27 844,472 0.39 298,266 0.31 209,684 0.62 923,336 0.47

Pure Equity Fund - - 722,082 0.33 - - 130,488 0.38 920,667 0.47

Pure Stock Fund - - 4,362,292 2.00 - - 653,037 1.92 3,797,943 1.95

Pure Stock Pension Fund - - 222,501 0.10 - - 24,311 0.07 153,677 0.08

Secure Fund 432,622 0.57 930,280 0.43 363,435 0.38 15,882 0.05 651,046 0.33

Shield Plus Fund I 1,084,759 1.43 1,710,492 0.78 1,154,133 1.21 24,886 0.07 1,671,049 0.86

Shield Plus Fund II 292,468 0.39 477,801 0.22 315,416 0.33 5,568 0.02 455,700 0.23

Shield Plus Fund III 329,146 0.43 762,621 0.35 502,058 0.53 - - 525,951 0.27

Shield Plus Fund IV 40,100 0.05 102,452 0.05 - - - - - -

Stable Fund 114,872 0.15 472,711 0.22 987,315 1.03 - - 1,827,656 0.94

Total 75,963,653 100.00 218,630,181 100 .00 95,435,428 100.00 33,996,228 100.00 194,915,869 100.00

118



Banking Services- Exposure details - Scrip Wise

Instrument Current Year Previous Year

Amt in Rs. `000 (%) Amt in Rs. `000 (%)

10% HDFC Bank Ltd... - 13-Dec-2011 FD - - 49,900 0.05

10.25% Indian Overseas Bank FD (MD 27/02/2013) 250,000 0.33 250,000 0.26

10.25% Saraswat Co-Operative Bank Ltd FD (MD 28/04/2013)(Qua 100,000 0.13 - -

10.25% Saraswat Co-Operative Bank Ltd FD (MD 29/04/2013)(Qua 50,000 0.07 - -

10.35% State Bank Hyderabad FD (MD 14/03/2013) 500,000 0.66 500,000 0.52

10.36% Dena Bank FD (MD 30/03/2012) - - 250,000 0.26

10.40% State Bank of Hyderabad FD (MD 14/03/2013) 250,000 0.33 250,000 0.26

10.81% Bank of India FD (MD 15/02/2014) 250,000 0.33 - -

11.10% IDBI Bank Ltd (MD 26/09/2013) 50,771 0.07 51,536 0.05

11.50% ICICI Bank Ltd (MD 05/01/2019) 44,222 0.06 - -

6.75% State Bank of Bikaner and Jaipur FD (11/04/2011) - - 9,500 0.01










7.0% HDFC Bank FD (MD 14/06/2011) - - 49,900 0.05

7.05% HDFC Bank FD (MD 13/06/2011) - - 49,900 0.05

7.45% State Bank of India LT (MD 05/05/2015) 18,882 0.02 18,802 0.02

7.90% Corporation Bank LT (MD 24/03/2016) 11,462 0.02 11,474 0.01

8% Saraswat Co-op Bank FD (MD 28/04/2011) - - 100,000 0.10

8.0% Saraswat Bank FD(MD 29/04/2011) - - 50,000 0.05

8.25% Canara Bank FD (MD 17/10/2011) - - 250,000 0.26


8.75% State Bank of India FD (MD 16/03/2020) 9,500 0.01 9,500 0.01

8.75% State Bank of India FD( MD 17/03/2020) 9,500 0.01 9,500 0.01

8.75% State Bank of India FD(MD 18/03/2020) 9,500 0.01 9,500 0.01



8.8% ST BK INDIA(MD 05/06/21)RSET050616 (Call 06/06/2016) 9,723 0.01 9,813 0.01

8.80% State Bank of Hyderabad (MD 29/04/2016) 390,302 0.51 637,906 0.67

8.85% State Bank of India Upper II (MD 4/10/2021) (call 4/10 438,406 0.58 687,865 0.72

8.95% Bank of Baroda (MD 15/05/2016) 98,207 0.13 98,658 0.10

8.97% SBI UT II (MD 13/09/2021)Call option (13/09/2016) - - 98,778 0.10

9.0% Canara Bank FD 05 July 2011 - - 9,500 0.01

9.0% Canara Bank FD 07 June 2011 - - 9,500 0.01

9.0% Canara Bank FD 10 May 2011 - - 9,500 0.01

9.0% Canara Bank FD 12 April 2011 - - 9,500 0.01

9.0% Canara Bank FD 19 July 2011 - - 9,500 0.01

9.0% Canara Bank FD 21 June 2011 - - 9,500 0.01

9.0% Canara Bank FD 24 May 2011 - - 9,500 0.01

9.0% Canara Bank FD 26 April 2011 - - 9,500 0.01

9.0% Indian Bank FD 05 July 2011 - - 9,500 0.01

9.0% Indian Bank FD 07 June 2011 - - 9,500 0.01

9.0% Indian Bank FD 10 May 2011 - - 9,500 0.01

9.0% Indian Bank FD 12 April 2011 - - 9,500 0.01

9.0% Indian Bank FD 19 July 2011 - - 9,500 0.01

9.0% Indian Bank FD 21 June 2011 - - 9,500 0.01

9.0% Indian Bank FD 24 May 2011 - - 9,500 0.01

9.0% Indian Bank FD 26 April 2011 - - 9,500 0.01

9.00% Bank of India Perpetual Call 09 Dec 2019 96,939 0.13 99,107 0.10


119


9.00% Canara Bank FD (MD 09/03/2020) 80,000 0.11 80,000 0.08

9.00% Canara Bank FD (MD 19/06/2020) 20,000 0.03 20,000 0.02

9.00% Canara Bank FD (MD 21/12/2020) 100,000 0.13 100,000 0.10

9.00% Punjab National Bank Perpetual Call 27 Nov 2019 95,916 0.13 98,983 0.10

9.02% Canara Bank FD (MD 05/11/2012) 500,000 0.66 500,000 0.52

9.05% State Bank of India Perpetual Call (MD 27/01/2020) 116,763 0.15 119,254 0.12

9.05% Syndicate Bank FD (MD 04/12/2012) 550,000 0.72 550,000 0.58

9.10% HDFC Bank (MD 05/09/2016) 98,668 0.13 99,778 0.10

9.10% State Bank of Hydrabad FD (19/06/2020) 60,000 0.08 60,000 0.06

9.10% State Bank of Hydrabad FD (MD 01/03/2019) 65,000 0.09 65,000 0.07



9.15% Canara Bank FD (MD 02/11/2020) 50,000 0.07 50,000 0.05

9.15% Canara Bank FD (MD 19/03/2020) 200,000 0.26 200,000 0.21

9.15% Canara Bank FD (MD 29/06/2020) 50,000 0.07 50,000 0.05

9.15% ICICI Bank FD ( MD 05/01/2021) 130,000 0.17 130,000 0.14

9.15% ICICI Bank FD (MD 09/03/2020) 250,000 0.33 250,000 0.26

9.15% ICICI Bank FD (MD 18/03/2019) 60,000 0.08 60,000 0.06

9.15% ICICI Bank FD (MD 22/06/2020) 60,000 0.08 60,000 0.06

9.25% IDBI OMNI BONDS Series XVIII (MD26/03/2014) 23,758 0.03 198,540 0.21

9.25% Indian Overseas Bank FD (MD 12/09/2016) 50,000 0.07 - -

9.25% OBC FD (MD 12/08/2014) 900 - - -

9.25% Oriental Bank Of Commerce FD (MD 03/01/2022) 9,900 0.01 - -

9.25% Oriental Bank of Commerce FD (MD 05/01/2022) 9,900 0.01 - -









9.25% Oriental Bank Of Commerce FD (MD 31/12/2021) 9,900 0.01 - -

9.25% Punjab National Bank FD (MD 12/09/2016) 50,000 0.07 - -

9.25% State Bank of Bikaner & Jaipur FD (MD 0 - - 9,000 0.01

9.25% State Bank of Hyderabad FD (MD 14/09/2016) 50,000 0.07 - -

9.25% State Bank of India FD (MD 17/08/2021) 9,000 0.01 - -

9.25% State Bank of India FD (MD 18/08/2021) 4,000 0.01 - -

9.30% State Bank of Bikaner & Jaipur FD (02/02/2022) 9,900 0.01 - -

9.30% State Bank of Bikaner & Jaipur FD (03/02/2022) 9,900 0.01 - -

9.30% State Bank of Bikaner & Jaipur FD (MD 01/02/2022) 9,900 0.01 - -








9.30% State Bank of Bikaner and Jaipur FD (MD 27/01/2022) 9,900 0.01 - -



9.30% State Bank of Bikaner and JaipurFD (MD 13/12/2021) 9,900 0.01 - -





Amt in Rs. `000 (%) Amt in Rs. `000 (%)



120



9.31% Syndicate Bank FD (MD 14/12/2015) 350,000 0.46 350,000 0.37


9.45% State Bank of India LT (MD 16/03/2026) (Call 16/03/202 49,775 0.07 - -

9.50% Canara Bank FD (MD 01/03/2019) 70,000 0.09 70,000 0.07

9.50% IDBI Bank FD (MD 01/02/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 02/02/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 04/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 05/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 08/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 10/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 11/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 12/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 13/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 14/01/2022) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 16/12/2021) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 17/12/2021) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 20/12/2021) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 21/12/2021) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 22/12/2021) 9,900 0.01 - -

9.50% IDBI Bank FD (MD 30/12/2021) 7,500 0.01 - -

9.50% IDBI Bank Ltd FD (MD 11/08/2014) 900 - - -

9.50% IDBI FD (MD 27/01/2022) 9,900 0.01 - -





9.50% State Bank of Bikaner & Jaipur FD (MD 09/08/2014) 900 - - -


9.50% State Bank of Bikaner and Jaipur FD (MD 01/07/2020) 70,000 0.09 70,000 0.07





9.50% State Bank of India (Quarterly Comp) FD (MD 10/12/2013 250,000 0.33 250,000 0.26

9.60% State Bank of Travancore FD (MD 02/02/2022) 69,300 0.09 - -
















9.65% Bank of India FD (MD 06/12/2012) 500,000 0.66 500,000 0.52

9.65% Canara Bank FD (MD 04/12/2012) 500,000 0.66 500,000 0.52

9.70% Canara Bank FD (MD 06/12/2012) 250,000 0.33 250,000 0.26

9.75 % State Bank Of Bikaner & Jaipur FD (MD 16/07/2021) 19,800 0.03 - -


Amt in Rs. `000 (%) Amt in Rs. `000 (%)




121


9.75% State Bank Of Bikaner & Jaipur FD (MD 15/06/2021) 9,900 0.01 - -

9.80% Bank of India FD (MD 30/01/2012) - - 1,000,000 1.05

9.81% IDBI Bank Ltd FD (MD 11/08/2012) 250,000 0.33 - -

9.90% Canara Bank FD (MD 06/12/2013) 500,000 0.66 - -

9.95% OBC FD (MD 25/05/2012) 50,000 0.07 - -

9.96% State bank of Hydrabad FD (MD 29/01/2014) 250,000 0.33 - -

9.98% ICICI Bank Perpetual Call 13 Sept 2016 - - 50,853 0.05

9.98%ICICIBL(Maturity-Perpetual)(CallandStepup13/09/16)10.98 50,255 0.07 - -

Allahabad Bank CD (MD 05/05/2011) - - 991,275 1.04

Allahabad Bank CD (MD 08/06/2011) - - 245,439 0.26

Allahabad Bank CD (MD 14/06/2012) 964,036 1.27 - -

Allahabad Bank CD (MD 27/02/2013) 457,794 0.60 - -

Andhra Bank CD (MD 21/01/2013) 463,451 0.61 - -

Andhra Bank CD (MD 26/12/2012) 699,761 0.92 - -

Andhra Bank CD (MD 27/06/2012) 244,603 0.32 - -

Andhra Bank Ltd - Equity Shares 1,402,087 1.85 2,352,756 2.47

Axis Bank CD (MD 03/12/2012) 46,966 0.06 - -

Axis Bank CD (MD 08/03/2012) - - 228,274 0.24

Axis Bank CD (MD 12/02/2013) 230,073 0.30 - -

Axis Bank CD (MD 17/02/2012) - - 229,768 0.24

Axis Bank CD (MD 20/02/2012) - - 229,391 0.24

Axis Bank CD (MD 21/04/2011) - - 498,290 0.52

Axis Bank CD (MD 31/01/2013) 230,918 0.30 - -

Bank of Baroda - Equity Shares 25,103 0.03 278,437 0.29

Bank of Baroda CD (MD 02/02/2012) - - 461,976 0.48


Bank of Baroda CD (MD 19/02/2013) 229,712 0.30 - -


Bank of Baroda CD (MD 25/02/2013) 458,436 0.60 - -


Bank of Baroda CD (MD 29/06/2011) - - 1,227,839 1.29

Bank of India CD (MD 08/11/2011) - - 952,632 1.00

Bank of India CD (MD 15/02/2013) 919,738 1.21 - -

Bank of India CD (MD 15/06/2012) 475,031 0.63 - -




Canara Bank CD (MD 08/06/2011) - - 491,408 0.51

Canara Bank CD (MD 11/05/2011) - - 247,559 0.26

Canara Bank CD (MD 14/12/2012) 468,015 0.62 - -

Canara Bank CD (MD 23/11/2011) - - 234,757 0.25

Canara Bank CD (MD 29/06/2011) - - 492,307 0.52

Central Bank of India CD (MD 11/02/2013) 230,215 0.30 - -

Central Bank of India CD (MD 15/06/2011) - - 490,485 0.51

Central Bank of India CD (MD 25/03/2013) 453,953 0.60 - -

Central Bank of India CD (MD 26/03/2012) - - 227,283 0.24

Corporation Bank - Equity Shares 702,389 0.92 1,151,413 1.21

Corporation Bank CD (MD 01/06/2011) - - 247,419 0.26

Corporation Bank CD (MD 04/03/2013) 1,139,611 1.50 - -

Corporation Bank CD (MD 06/03/2012) - - 228,566 0.24

Corporation Bank CD (MD 08/06/2012) 966,385 1.27 - -



Corporation Bank CD (MD 20/08/2011) - - 1,215,175 1.27

Dhanalakshmi Bank Ltd. - Equity Shares - - 113,200 0.12


Amt in Rs. `000 (%) Amt in Rs. `000 (%)



122


HDFC Bank - Equity Shares 8,337,847 10.98 5,831,830 6.11

HDFC Bank CD (MD 08/06/2011) - - 982,201 1.03

HDFC Bank CD (MD 25/04/2011) - - 746,858 0.78

ICICI Bank CD (MD 26/04/2011) - - 746,820 0.78

ICICI Bank Ltd. - Equity Shares 13,834,923 18.21 15,402,054 16.14

IDBI Bank CD (MD 09/05/2011) - - 495,102 0.52

IDBI Bank CD (MD 11/05/2011) - - 496,784 0.52

IDBI Bank CD (MD 18/03/2013) 452,540 0.60 - -

IDBI Bank CD (MD 22/06/2012) 489,866 0.64 - -

IDBI Bank CD (MD 26/06/2012) 489,370 0.64 - -

Indian Bank CD (MD 12/09/2011) - - 241,738 0.25

Indian Bank CD (MD 31/01/2013) 462,014 0.61 - -

Indian Overseas Bank CD (MD 06/07/2012) 488,151 0.64 - -

Indian Overseas Bank CD (MD 05/03/2012) - - 914,418 0.96




ING Vysya Bank Ltd. - Equity Shares 476,776 0.63 385,941 0.40

Kotak Mahindra Bank Limited - Equity Shares 1,254,787 1.65 1,067,116 1.12

OBC Cd (Md 22/08/2011) - - 242,924 0.25

Oriental Bank of Commerce (MD 12/08/2011) - - 487,076 0.51

Oriental Bank of Commerce CD (MD 04/02/2013) 461,776 0.61 - -

Oriental Bank of Commerce CD (MD 05/03/2012) - - 228,572 0.24




Oriental Bank of Commerce CD (MD 18/01/2013) 1,391,467 1.83 - -


Oriental Bank Of Commerce CD (MD 22/02/2012) - - 229,576 0.24



Punjab National Bank - Equity Shares 2,355,691 3.10 5,150,601 5.40

Punjab National Bank CD (08/11/2012) 236,563 0.31 - -

Punjab National Bank CD (MD 01/03/2013) 228,099 0.30 - -

Punjab National Bank CD (MD 01/11/2011) - - 954,112 1.00



Punjab National Bank CD (MD 06/12/2012) 1,876,223 2.47 - -









State Bank Hyderabad CD (MD 04/11/2011) - - 476,856 0.50

State Bank Of Bikaner & Jaipur (MD 24/06/2011) - - 244,680 0.26

State Bank of Bikaner & Jaipur CD (MD 03/11/2011) - - 238,363 0.25

State Bank of Bikaner & Jaipur CD (MD 15/07/2011) - - 242,998 0.25

State Bank Of Bikaner & Jaipur CD (MD 28/10/2011) - - 955,234 1.00

State Bank of Hyderabad CD (MD 05/05/2011) - - 495,620 0.52



State Bank of Hyderbad CD (MD 20/11/2012) 235,464 0.31 - -


Amt in Rs. `000 (%) Amt in Rs. `000 (%)




123


State Bank of Hydrabad CD (MD 19/06/2012) 245,097 0.32 - -

State Bank Of India - Equity Shares 3,392,550 4.47 4,844,985 5.08

State Bank of India CD (MD 27/06/2011) - - 590,020 0.62

State Bank of Mysore CD (MD 01/03/2013) 228,686 0.30 - -

State Bank of Mysore CD (MD 02/06/2011) - - 246,919 0.26


State Bank of Mysore CD (MD 12/11/2012) 235,427 0.31 - -


State Bank of Mysore CD (MD 17/08/2011) - - 1,215,938 1.27


State Bank of Patiala CD (MD 02/06/2011) - - 247,411 0.26

State Bank of Patiala CD (MD 03/01/2013) 373,127 0.49 - -











State Bank of Travancore CD (MD 03/06/2011) - - 691,951 0.73


State Bank of Travancore CD (MD 08/02/2013) 230,648 0.30 - -


State Bank of Travancore CD (MD 19/06/2012) 245,084 0.32 - -



Syndicate Bank CD (MD 06/06/2011) - - 245,558 0.26

Syndicate Bank CD (MD 24/12//2012) 466,844 0.61 - -

Syndicate Bank Ltd. - Equity Shares 276,323 0.36 806,407 0.84

Union Bank CD (MD 28/11/2011) - - 236,507 0.25

Union Bank of India CD (MD 22/03/2012) - - 455,051 0.48

Union Bank of India Ltd. - Equity Shares 1,060,719 1.40 - -

Vijaya Bank - Equity Shares 102,077 0.13 169,229 0.18

Vijaya Bank CD (MD 06/03/2013) 455,107 0.60 - -

Vijaya Bank CD (MD 19/03/2013) 452,322 0.60 - -

Vijaya Bank CD (MD 21/01/2013) 463,170 0.61 - -

Yes Bank Limited - Equity Shares 467,312 0.62 857,592 0.90

Indian Bank - Equity Shares - - 4,655 -

Union Bank of India Ltd. - Equity Shares - - 1,776,514 1.86

Allahabad Bank - Equity Share 612,536 0.81 2,489,265 2.61

Axis Bank Limited - Equity Shares 2,017,553 2.66 2,842,487 2.98

Development Credit Bank Limited - Equity Shares 188,100 0.25 - -

Federal Bank Limited - Equity Shares 1,567,949 2.06 2,867,866 3.01

Jammu & Kashmir Bank Ltd - Equity Shares 397,386 0.52 465,327 0.49

Total 75,963,653 100.00 95,435,428 100.00


Amt in Rs. `000 (%) Amt in Rs. `000 (%)



124



Enclosure D: Highest, Lowest and Closing NAV For the year 2011-12

Fund Name Current Year Previous Year

Closing NAV 30-March-2012

(Rs.)

Lowest NAV (Rs.)

Highest NAV (Rs.)


(Rs.)

Lowest NAV (Rs.)

Highest NAV (Rs.)

Acc Mid Cap Fund 20.1287 16.4263 21.9331 21.2028 19.4516 24.1032

Acc Mid Cap Pension Fund 21.2019 17.2714 22.8136 21.9797 20.2269 25.0939

Accelerated Fund 25.9741 23.9328 26.2201 25.0091 21.4528 25.6948

Accelerator Mid Cap Fund II 11.2056 9.1932 12.0688 11.7007 10.4728 12.9335

Asset Allocation Fund 13.6130 12.4953 13.8038 13.3938 12.1865 13.4465

Asset Allocation Pension Fund 12.8056 11.7806 12.9952 12.5437 11.5688 12.6280

Assured Return Fund 10.7059 10.0456 10.7696 10.1836 9.9747 10.2272

Balanced Fund * NA 16.9266 19.6130 19.3874 17.1805 20.2839

Balanced Plus Fund * NA 20.4870 23.1658 22.9136 20.1758 23.7404

Balanced Plus Pension Fund * NA 19.6212 22.0431 21.8613 19.2491 22.5969

Blue Chip Equity Fund 9.1570 7.6977 9.5813 9.4784 8.6043 10.3101

Bond Fund 16.1798 15.0308 16.1870 15.0257 14.0910 15.0257

Bond Pension Fund 16.6000 15.3552 16.6211 15.3485 14.3766 15.3485

Capital Guarantee Fund- 2012 13.1082 12.7328 13.6965 13.5877 12.6780 13.8212



Capital Shield-I 13.6066 12.8895 13.6290 12.9166 12.2125 12.9166

Capital Shield-II 14.2423 13.2699 14.9881 14.7503 12.9864 15.8260

Cash Fund 16.0633 14.9737 16.0633 14.9710 14.1849 14.9710

Cash Plus Fund 18.0001 16.5060 18.0001 16.5021 15.4079 16.5021

Cash Plus Pension Fund 18.1160 16.5971 18.1160 16.5931 15.4208 16.5931

Debt Fund 15.4508 14.5209 15.4816 14.5179 13.7005 14.5179

Debt Plus Fund 17.4238 16.1302 17.4426 16.1257 15.0107 16.1257

Debt Plus Pension Fund 18.1203 16.6042 18.1318 16.5966 15.4209 16.5966

Equity Fund 23.8158 20.5156 26.8815 26.4128 21.9943 28.7321

Equity Gain Fund 34.6113 28.7836 36.7742 36.0391 30.4914 38.8942

Equity Growth Fund 16.8759 14.5289 17.3056 16.9330 14.2240 17.9900

Equity Growth Fund II 12.6447 10.8989 12.9184 12.3523 10.1861 12.8643

Equity Growth Pension Fund 18.7954 16.1693 19.2671 18.3619 15.1803 19.1200

Equity Index Fund 31.8232 27.3082 35.4949 34.8696 28.7342 37.7630

Equity Index Fund - II 16.9981 14.6250 18.9823 18.7337 15.4768 20.2960

Equity Index Pension Fund 28.1261 24.1218 31.2830 30.8706 25.4061 33.4018

Equity Index Pension Fund - II 16.6676 14.3142 18.5937 18.3516 15.1578 19.8169

Equity Midcap Fund 28.5011 23.2634 31.0114 29.8374 27.4659 34.4415

Equity Midcap Pension Fund 40.5431 32.9912 43.5969 41.9058 38.4563 47.7865

Equity Midcap Plus Fund 36.1478 29.4158 39.0347 37.5650 34.5497 43.1630

Equity Plus Fund 37.9421 32.5768 39.0817 38.1547 32.3044 40.6522

Equity Plus Pension Fund 40.0713 34.4610 41.0746 39.0536 32.2586 40.8122

Group Asset Allocation Fund 12.2725 11.2714 12.6485 12.3330 10.2856 12.3330

Group Blue Chip Fund 9.9045 8.4609 10.2779 NA NA NA

Group Debt Fund 14.5126 13.3858 14.5208 13.3827 12.4028 13.3827

Group Equity Fund 10.1938 8.8743 10.3841 NA NA NA

Group Equity Index Fund 9.9611 8.5881 11.1875 11.0373 9.1335 11.9476

Group Growth Fund II 10.5710 10.0000 10.5744 NA NA NA

Group Growth Fund-I * NA NA NA NA 10.3645 11.0777

Group Liquid Fund 13.7072 12.5622 13.7072 12.5595 11.7012 12.5595

Group Return Shield Fund 10.4966 10.0000 10.5343 NA NA NA

Group Short Term Debt Fund 12.4431 11.6133 12.4915 11.7012 10.7313 11.7012

Group Short Term Debt Fund II 10.4587 10.0000 10.4587 NA NA NA

Growth Plus Fund I 11.2796 10.4745 11.3190 10.6429 10.0941 10.6429

Growth Plus Fund II 8.6050 7.9572 10.0090 8.8351 8.5770 10.1156

Growth Plus Fund III 11.0514 9.5226 11.3268 10.7473 9.9308 10.7473

Guaranteed Bond Fund 10.2157 10.0000 10.2896 NA NA NA

Life Long Gain Fund 13.8220 13.2194 13.9373 13.2145 12.6894 13.2147


125


Liquid Fund 16.0407 14.7486 16.0407 14.7455 13.8003 14.7455

Liquid Pension Fund 16.1350 14.8270 16.1350 14.8234 13.8358 14.8234

Max Gain Fund I 11.0342 9.7390 11.4761 11.2890 10.1742 11.5229

Max Gain Fund II 10.1374 9.0253 10.6575 10.5066 10.0000 10.5066

Premier Balanced Fund * NA 14.7751 16.5384 16.3751 14.7593 16.9910

Premier Bond Fund 14.5651 13.7814 14.6027 13.7763 13.1696 13.7763

Premier Debt Fund 15.5147 14.5872 15.5267 14.5816 13.9024 14.5816

Premier Equity Fund 17.5112 15.0759 19.7440 19.3984 16.1471 21.0912

Premier Equity Gain Fund 21.9987 18.9681 22.5828 21.5546 18.0215 22.7678

Premier Equity Growth Fund 17.0997 14.7547 17.5620 16.8319 14.1647 17.7875

Premier Equity Index Fund 15.5398 13.3985 17.6238 17.3169 14.4843 18.8681

Pure Equity Fund 23.4813 21.0064 23.9683 23.4897 20.4917 24.8018

Pure Stock Fund 21.8347 19.5763 22.3602 21.9468 19.2515 23.2085

Pure Stock Pension Fund 17.7031 15.8910 18.3411 18.0799 15.9784 19.6597

Secure Fund 19.0088 17.9622 19.0647 17.9999 16.4545 17.9999

Shield Plus Fund I 11.3915 10.6843 11.4649 10.7747 9.9952 10.7747

Shield Plus Fund II 11.1913 10.4785 11.2713 10.5775 10.0000 10.5775

Shield Plus Fund III 11.0100 10.2814 11.0957 10.3418 10.0000 10.3418

Shield Plus Fund IV 10.6028 9.9771 10.6862 NA NA NA

Stable Fund 19.3242 18.3255 19.5120 18.5302 17.0386 18.8599

* Balance Funds Closed on 23 Dec 2011


Enclosure D: Highest, Lowest and Closing NAV For the year 2011-12



(Rs.)

Lowest NAV (Rs.)

Highest NAV (Rs.)


(Rs.)

Lowest NAV (Rs.)

Highest NAV (Rs.)

126


Enclosure E: Annualised Expense Ratio to Average Daily Assets of the FundAppendix III Refer Schedule 16 Note 24


Expense Ratio (%) Expense Ratio (%)

Acc Mid Cap Fund 1.93 1.93

Acc Mid Cap Pension Fund 1.48 1.49

Accelerated Fund 1.34 1.34

Accelerator Mid Cap Fund II 1.48 1.49

Asset Allocation Fund 1.39 1.39

Asset Allocation Pension Fund 1.39 1.39

Assured Return Fund 1.38 1.39

Blue Chip Equity Fund 1.38 1.39

Bond Fund 1.09 1.09

Bond Pension Fund 1.09 1.10

Capital Guarantee Fund- 2012 1.39 1.39



Capital Shield-I 3.03 3.03

Capital Shield-II 3.58 3.58

Cash Fund 2.48 2.48

Cash Plus Fund 0.84 0.82

Cash Plus Pension Fund 0.84 0.82

Debt Fund 2.48 2.50

Debt Plus Fund 0.84 0.84

Debt Plus Pension Fund 0.84 0.84

Equity Fund 2.48 2.48

Equity Gain Fund 3.03 3.03

Equity Growth Fund 1.93 1.93

Equity Growth Fund II 1.48 1.49

Equity Growth Pension Fund 1.49 1.49

Equity Index Fund 1.14 1.13

Equity Index Fund - II 1.39 1.39

Equity Index Pension Fund 1.14 1.13

Equity Index Pension Fund - II 1.39 1.39

Equity Midcap Fund 3.03 3.03

Equity Midcap Pension Fund 1.65 1.65

Equity Midcap Plus Fund 1.65 1.65

Equity Plus Fund 1.65 1.65

Equity Plus Pension Fund 1.65 1.65


Expense Ratio (%) Expense Ratio (%)

Group Blue Chip Fund 1.47 NA

Group Debt Fund 1.14 1.14

Group Equity Fund 1.48 NA

Group Equity Index Fund 1.65 1.65

Group Growth Fund I - NA

Group Growth Fund II 1.13 NA

Group Liquid Fund 0.84 0.82

Group Return Shield Fund 1.38 NA

Group Short Term Debt Fund 1.04 1.03

Group Short Term Debt Fund II 1.01 NA

Growth Plus Fund I 1.48 1.49

Growth Plus Fund II 1.49 1.49

Growth Plus Fund III 1.48 1.49

Guaranteed Bond Fund 1.12 NA

Life Long Gain Fund 2.47 2.48

Liquid Fund 1.09 1.08

Liquid Pension Fund 1.09 1.08

Max Gain Fund I 1.65 1.65

Max Gain Fund II 1.65 1.65

Premier Bond Fund 3.03 3.03

Premier Debt Fund 2.48 2.48

Premier Equity Fund 2.48 2.48

Premier Equity Gain Fund 2.48 2.48

Premier Equity Growth Fund 3.03 3.03

Premier Equity Index Fund 3.03 3.03

Pure Equity Fund 1.65 1.65

Pure Stock Fund 1.48 1.49

Pure Stock Pension Fund 1.48 1.49

Secure Fund 1.34 1.34

Shield Plus Fund I 1.48 1.49

Shield Plus Fund II 1.48 1.49

Shield Plus Fund III 1.48 1.49

Shield Plus Fund IV 1.48 NA

Stable Fund 1.34 1.34

127

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24

Enclosure F: Ratio of Gross Income to Average Daily Assets of the Fund.Appendix III Refer Schedule 16 Note 24


Income Ratio (%) Income Ratio (%)

Acc Mid Cap Fund (3.51) 8.20

Acc Mid Cap Pension Fund (2.28) 4.91

Accelerated Fund 4.96 15.48

Accelerator Mid Cap Fund II (0.98) 2.94

Asset Allocation Fund 3.30 9.19

Asset Allocation Pension Fund 3.94 8.00

Assured Return Fund 7.01 1.77

Blue Chip Equity Fund 0.26 (0.30)

Bond Fund 8.46 7.47

Bond Pension Fund 8.91 7.68

Capital Guarantee Fund- 2012 (3.20) 6.89


Capital Guarantee Fund- 2017 (0.96) 10.69

Capital Shield-I 8.21 8.55

Capital Shield-II 0.08 11.57

Cash Fund 9.51 7.75

Cash Plus Fund 9.53 7.75

Cash Plus Pension Fund 9.62 8.24

Debt Fund 8.71 7.99

Debt Plus Fund 8.54 8.00

Debt Plus Pension Fund 9.38 8.35

Equity Fund (9.24) 12.44

Equity Gain Fund (2.42) 13.52

Equity Growth Fund 1.50 14.14

Equity Growth Fund II 4.98 15.79

Equity Growth Pension Fund 3.82 16.74

Equity Index Fund (9.25) 12.34

Equity Index Fund - II (8.71) 11.66

Equity Index Pension Fund (9.20) 12.19

Equity Index Pension Fund - II (8.24) 11.98

Equity Midcap Fund (2.56) 6.98

Equity Midcap Pension Fund (2.71) 9.81

Equity Midcap Plus Fund (3.29) 9.81

Equity Plus Fund 0.03 11.86

Equity Plus Pension Fund 3.71 17.23


Income Ratio (%) Income Ratio (%)

Group Asset Allocation Fund 2.29 14.54

Group Blue Chip Fund 14.46 0.00

Group Debt Fund 9.36 10.57

Group Equity Fund 9.36 0.00

Group Equity Index Fund (8.04) 9.30

Group Growth Fund II 6.82 0.00

Group Growth Fund-I 0.00 6.68

Group Liquid Fund 9.58 7.98

Group Return Shield Fund 7.74 0.00

Group Short Term Debt Fund 4.07 9.55

Group Short Term Debt Fund II 6.27 0.00

Growth Plus Fund I 7.31 6.81

Growth Plus Fund II (1.30) (14.74)

Growth Plus Fund III 4.11 10.51

Guaranteed Bond Fund 1.27 0.00

Life Long Gain Fund 6.98 6.13

Liquid Fund 9.52 7.79

Liquid Pension Fund 9.56 8.08

Max Gain Fund I 0.26 11.59

Max Gain Fund II 1.44 3.98

Premier Bond Fund 8.56 7.47

Premier Debt Fund 8.65 7.27

Premier Equity Fund (9.29) 12.55

Premier Equity Gain Fund 3.75 16.75

Premier Equity Growth Fund 3.69 17.93

Premier Equity Index Fund (9.45) 12.13

Pure Equity Fund 0.70 9.40

Pure Stock Fund 1.29 8.58

Pure Stock Pension Fund 0.60 7.96

Secure Fund 6.90 10.23

Shield Plus Fund I 7.05 8.63

Shield Plus Fund II 7.13 6.71

Shield Plus Fund III 7.77 4.72

Shield Plus Fund IV 7.83 0.00

Stable Fund 6.55 8.81

128


App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

A

cc M

id C

ap F

und

Acc

Mid

Cap

Pen

sion

Fun

dA

ccel

erat

ed F

und

Acc

eler

ator

Mid

Cap

Fu

nd II

Ass

et A

lloca

tion

Fun

dA

sset

Allo

cati

on P

ensi

on

Fund

Ass

ured

Ret

urn

Fund

Blue

Chi

p Eq

uity

Fun

d

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

(46,

446)

(13,

915)

(1,5

05)

-

Corp

orat

e Bo

nds

0

0

(51)

(0)

13,

272

(4,6

68)

0

(0)

Infr

astr

uctu

re B

onds

- -

(123

) -

(251

,177

) (1

4,53

0) (2

60)

-

Equi

ty (1

91,7

38)

(43,

725)

(213

) (6

7,19

2) 8

53,0

62

56,

152

- 4

2,70

2

Mon

ey M

arke

t -

0

- (0

) (0

) 0

(0

) -

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) (

191,

738)

(43

,725

) (

387)

(67

,192

) 5

68,7

11

23,

038

(1,

765)

42,

702

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

(1,3

01)

- -

-

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty (1

41,2

01)

(15,

461)

(20)

(16,

862)

108

,700

6

,492

-

-

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

(14

1,20

1) (

15,4

61)

(20

) (

16,8

62)

107

,400

6

,492

-

-

Tota

l (A

+B)

(33

2,93

9) (

59,1

86)

(40

7) (

84,0

53)

676

,111

2

9,53

0 (

1,76

5) 4

2,70

2

Par

ticu

lars

A

cc M

id C

ap F

und

Acc

Mid

Cap

Pen

sion

Fu

ndA

ccel

erat

ed F

und

Acc

Mid

Cap

Fun

d II

Ass

et A

lloca

tion

Fun

dA

sset

Allo

cati

on P

ensi

on

Fund

Ass

ured

Ret

urn

Fund

Blue

Chi

p Eq

uity

Fun

d

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

(31,

711)

(1,3

35)

140

-

Corp

orat

e Bo

nds

(0)

(0)

(42)

(0)

(95,

609)

(5,1

26)

- (0

)

Infr

astr

uctu

re B

onds

- -

(135

) -

(275

,053

) (2

0,97

1) -

-

Equi

ty 6

72,5

72

31,

449

1,1

57

(3,5

04)

1,9

84,4

62

95,

699

- (4

,975

)

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A)

672

,572

3

1,44

9 9

80

(3,5

04)

1,5

82,0

88

68,

268

140

(4

,975

)

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

2,1

43

- -

-

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty (1

59,5

32)

(18,

726)

151

(1

4,12

7) 1

4,79

0 8

32

- 1

,617

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

(159

,532

) (1

8,72

6) 1

51

(14,

127)

16,

933

832

-

1,6

17

Tota

l (A+

B) 5

13,0

40

12,

723

1,1

31

(17,

631)

1,5

99,0

21

69,

099

140

(3

,358

)


129

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)


Par

ticu

lars

Bo

nd F

und

Bond

Pen

sion

Fun

dCa

pita

l Gua

rant

ee

Fund

- 201

2Ca

pita

l Gua

rant

ee F

und-

20

14Ca

pita

l Gua

rant

ee

Fund

- 201

7Ca

pita

l Shi

eld-

ICa

pita

l Shi

eld-

IICa

sh F

und

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

(7,1

14)

(2,3

15)

(158

) (1

27)

108

-

- -

Corp

orat

e Bo

nds

6,7

90

6,3

31

(0)

- -

(573

) 1

98,0

68

0

Infr

astr

uctu

re B

onds

(233

) 7

36

(2)

- (1

05)

(8,9

18)

- -

Equi

ty -

- -

390

3

,006

5

32

- -

Mon

ey M

arke

t 0

(0

) 0

-

0

(0)

(0)

0

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) (

557)

4,7

53

(16

0) 2

63

3,0

10

(8,

959)

198

,068

0

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

1,6

78

305

-

- -

- -

-

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty -

- -

(7)

(55)

(246

) -

-

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

1,6

78

305

-

(7)

(55

) (

246)

- -

Tota

l (A

+B)

1,1

21

5,0

58

(16

0) 2

56

2,9

55

(9,

205)

198

,068

0

Par

ticu

lars

Bo

nd F

und

Bond

Pen

sion

Fun

dCa

pita

l Gua

rant

ee

Fund

- 201

2Ca

pita

l Gua

rant

ee F

und-

20

14Ca

pita

l Gua

rant

ee

Fund

- 201

7Ca

pita

l Shi

eld-

ICa

pita

l Shi

eld-

IICa

sh F

und

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

738

(1

01)

329

-

- -

Corp

orat

e Bo

nds

(19,

713)

2,7

12

(230

) 0

-

(3,4

06)

231

,507

(0

)

Infr

astr

uctu

re B

onds

(8,8

12)

(2,8

75)

- -

(153

) (9

,075

) (4

69)

-

Equi

ty -

- 8

,415

5

66

5,1

60

8,0

63

- -

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A)

(28,

525)

(162

) 8

,923

4

66

5,3

35

(4,4

18)

231

,038

(0

)

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty -

- (3

7) 1

1

2 2

27

- -

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

- -

(37)

1

12

227

-

-

Tota

l (A+

B) (2

8,52

5) (1

62)

8,8

87

467

5

,347

(4

,190

) 2

31,0

38

(0)

130

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)

Bajaj Allianz Life Insurance Company Ltd. I IRDA Registration No.116 dated 3rd August, 2001A

ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

Ca

sh P

lus

Fund

Cash

Plu

s Pe

nsio

n Fu

ndD

ebt F

und

Deb

t Plu

s Fu

ndD

ebt P

lus

Pens

ion

Fund

Equi

ty F

und

Equi

ty G

ain

Fund

Equi

ty G

row

th F

und

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

(2,2

27)

(2,0

39)

(8)

- -

-

Corp

orat

e Bo

nds

0

0

1,2

89

(146

) (3

) (0

) 0

(0

)

Infr

astr

uctu

re B

onds

- -

(233

) (2

82)

20

- -

-

Equi

ty -

- -

- -

885

,674

3

55,4

19

6,5

78,2

38

Mon

ey M

arke

t 0

0

(0

) 0

0

-

(0)

0

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) 0

0

(

1,17

1) (

2,46

7) 9

8

85,6

74

355

,419

6

,578

,238

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

153

1

53

- -

- -

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty -

- -

- -

29,

072

(121

,079

) (1

97,3

78)

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

- -

153

1

53

- 2

9,07

2 (

121,

079)

(19

7,37

8)

Tota

l (A

+B)

0

0

(1,

019)

(2,

314)

9

914

,746

2

34,3

40

6,3

80,8

61

Par

ticu

lars

Ca

sh P

lus

Fund

Cash

Plu

s Pe

nsio

n Fu

ndD

ebt F

und

Deb

t Plu

s Fu

ndD

ebt P

lus

Pens

ion

Fund

Equi

ty F

und

Equi

ty G

ain

Fund

Equi

ty G

row

th F

und

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

- -

- -

Corp

orat

e Bo

nds

0

0

1,3

91

(896

) (3

4) (0

) (0

) 0

Infr

astr

uctu

re B

onds

- -

197

5

05

(48)

- -

-

Equi

ty -

- -

- -

1,3

87,2

06

1,1

08,1

40

10,

192,

079

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A)

0

0

1,5

88

(391

) (8

2) 1

,387

,206

1

,108

,140

1

0,19

2,07

9

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty -

- -

- -

57,

558

(63,

258)

694

,921

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

- -

- -

- 5

7,55

8 (6

3,25

8) 6

94,9

21

Tota

l (A+

B) 0

0

1

,588

(3

91)

(82)

1,4

44,7

64

1,0

44,8

83

10,

887,

000


131

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)

Bajaj Allianz Life Insurance Company Ltd. I Appendix II Refer Schedule 16 Note 24A

ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

Eq

uity

Gro

wth

Fun

d II

Equi

ty G

row

th P

ensi

on

Fund

Equi

ty In

dex

Fund

Equi

ty In

dex

Fund

- II

Equi

ty In

dex

Pens

ion

Fund

Equi

ty In

dex

Pens

ion

Fund

- II

Equi

ty M

idca

p Fu

ndEq

uity

Mid

cap

Pens

ion

Fund

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

- -

- -

Corp

orat

e Bo

nds

0

(0)

0

0

- (0

) 0

(0

)

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty 1

76,6

09

240

,823

3

74,3

61

11,

719,

565

21,

428

728

,649

(2

8,00

3) (8

03)

Mon

ey M

arke

t (0

) 0

0

(0

) (0

) 0

-

(0)

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l(A

) 1

76,6

09

240

,823

3

74,3

61

11,

719,

565

21,

428

728

,649

(

28,0

03)

(80

3)

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty (3

,112

) 2

41

7,4

56

(38,

615)

366

(4

,577

) (1

3,49

5) (1

,006

)

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

(3,

112)

241

7

,456

(

38,6

15)

366

(

4,57

7) (

13,4

95)

(1,

006)

Tota

l (A

+B)

173

,497

2

41,0

63

381

,817

1

1,68

0,95

0 2

1,79

3 7

24,0

72

(41

,498

) (

1,80

9)

Par

ticu

lars

Eq

uity

Gro

wth

Fun

d II

Equi

ty G

row

th P

ensi

on

Fund

Equi

ty In

dex

Fund

Equi

ty In

dex

Fund

- II

Equi

ty In

dex

Pens

ion

Fund

Equi

ty In

dex

Pens

ion

Fund

- II

Equi

ty M

idca

p Fu

ndEq

uity

Mid

cap

Pens

ion

Fund

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

- -

- -

Corp

orat

e Bo

nds

(0)

(0)

0

0

- 0

(0

) (0

)

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty 9

4,55

5 2

80,4

47

639

,891

2

1,41

2,79

7 4

0,40

5 1

,467

,393

6

9,54

0 9

,111

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) 9

4,55

5 2

80,4

47

639

,891

2

1,41

2,79

7 4

0,40

5 1

,467

,393

6

9,54

0 9

,111

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty 3

0,52

4 3

9,86

8 1

9,52

9 2

67,0

44

1,1

47

14,

667

(21,

773)

(1,8

86)

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

30,

524

39,

868

19,

529

267

,044

1

,147

1

4,66

7 (

21,7

73)

(1,

886)

Tota

l (A

+B)

125

,079

3

20,3

14

659

,420

2

1,67

9,84

1 4

1,55

3 1

,482

,060

4

7,76

7 7

,224

132

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)


ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

Eq

uity

Mid

cap

Plus

Fu

ndEq

uity

Plu

s Fu

ndEq

uity

Plu

s Pe

nsio

n Fu

ndG

roup

Ass

et A

lloca

tion

Fu

ndG

roup

Blu

e Ch

ip F

und

Gro

up D

ebt F

und

Gro

up E

quit

y Fu

ndG

roup

Equ

ity

Inde

x Fu

nd

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- (3

21)

- (1

2) -

-

Corp

orat

e Bo

nds

(0)

(0)

(0)

364

(0

) 1

,298

(0

) (0

)

Infr

astr

uctu

re B

onds

- -

- (2

,318

) -

8

- -

Equi

ty (2

7,38

5) 8

50,2

09

32,

661

10,

705

970

-

3,2

63

(98,

938)

Mon

ey M

arke

t (0

) -

(0)

0

0

(0)

(0)

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) (

27,3

85)

850

,209

3

2,66

1 8

,430

9

70

1,2

95

3,2

63

(98

,938

)

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty (1

9,27

1) 5

6,89

4 3

88

3,5

09

- -

(223

) (1

,754

)

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

(19

,271

) 5

6,89

4 3

88

3,5

09

- -

(22

3) (

1,75

4)

Tota

l (A

+B)

(46

,656

) 9

07,1

03

33,

049

11,

939

970

1

,295

3

,040

(

100,

693)

Par

ticu

lars

Eq

uity

Mid

cap

Plus

Fu

ndEq

uity

Plu

s Fu

ndEq

uity

Plu

s Pe

nsio

n Fu

ndG

roup

Ass

et A

lloca

tion

Fu

ndG

roup

Deb

t Fun

dG

roup

Equ

ity

Inde

x Fu

ndG

roup

Gro

wth

Fun

d - I

Gro

up L

iqui

d Fu

nd

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- 6

-

- -

-

Corp

orat

e Bo

nds

0

0

0

(55)

907

-

- -

Infr

astr

uctu

re B

onds

- -

- 1

9 (2

21)

- -

-

Equi

ty 1

36,8

27

1,6

94,1

89

54,

688

39,

491

- 3

1,09

7 -

-

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A)

136

,827

1

,694

,189

5

4,68

8 3

9,46

1 6

87

31,

097

- -

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty (2

9,88

3) (1

1,46

2) 7

,011

5

,899

-

2,1

87

- -

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

(29,

883)

(11,

462)

7,0

11

5,8

99

- 2

,187

-

-

Tota

l (A+

B) 1

06,9

44

1,6

82,7

27

61,

699

45,

360

687

3

3,28

4 -

-


133

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)


ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Part

icul

ars

Gro

up G

row

th F

und-

IG

roup

Gro

wth

Fun

d-II

Gro

up L

iqui

d Fu

ndG

roup

Ret

urn

Shie

ld F

und

Gro

up S

hort

Ter

m

Deb

t Fun

dG

roup

Sho

rt T

erm

Deb

t Fu

nd -

IIG

row

th P

lus

Fund

IG

row

th P

lus

Fund

II

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

(321

) -

- -

Corp

orat

e Bo

nds

- -

0

74

(339

) (0

) (4

89)

(10,

404)

Infr

astr

uctu

re B

onds

- 8

11

- 5

33

(1,9

44)

- (4

,954

) -

Equi

ty -

- -

50

- -

- -

Mon

ey M

arke

t -

(0)

0

(0)

0

(0)

0

(0)

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) -

811

0

6

57

(2,

604)

(0)

(5,

443)

(10

,404

)

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- 0

00

00

00

Equi

ty -

- -

(14)

- -

- -

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

- -

- (

14)

- -

- -

Tota

l (A

+B)

- 8

11

0

644

(

2,60

4) (

0) (

5,44

3) (

10,4

04)

Par

ticu

lars

G

roup

Sho

rt T

erm

D

ebt F

und

Gro

wth

Plu

s Fu

nd I

Gro

wth

Plu

s Fu

nd II

Gro

wth

Plu

s Fu

nd II

ILi

fe L

ong

Gai

n Fu

ndLi

quid

Fun

dLi

quid

Pen

sion

Fun

dM

ax G

ain

Fund

I

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

767

-

- -

(148

) -

- -

Corp

orat

e Bo

nds

(2,0

10)

21

(8,9

50)

(0)

(213

) (0

) 0

0

Infr

astr

uctu

re B

onds

(9,9

38)

(2,9

11)

- 1

(8

52)

- -

-

Equi

ty -

- -

2,4

02

- -

- 2

74,5

62

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l(A)

(11,

181)

(2,8

90)

(8,9

50)

2,4

03

(1,2

13)

(0)

0

274

,562

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty -

- -

504

-

- -

13,

912

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

- -

- 5

04

- -

- 1

3,91

2

Tota

l (A+

B) (1

1,18

1) (2

,890

) (8

,950

) 2

,907

(1

,213

) (0

) 0

2

88,4

73

134

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)


ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

G

row

th P

lus

Fund

III

Gua

rant

eed

Bond

Fun

dLi

fe L

ong

Gai

n Fu

ndLi

quid

Fun

dLi

quid

Pen

sion

Fun

dM

ax G

ain

Fund

IM

ax G

ain

Fund

IIPr

emie

r Bon

d Fu

nd

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- (5

,789

) (2

,638

) -

- -

- (1

,584

)

Corp

orat

e Bo

nds

(13)

(986

) (1

09)

0

0

(0)

0

511

Infr

astr

uctu

re B

onds

- (9

,558

) (5

73)

- -

(247

) -

(1,8

65)

Equi

ty 2

,029

-

- -

- 8

6,40

3 (8

,614

) -

Mon

ey M

arke

t (0

) 0

0

0

0

0

(0

) 0

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) 2

,016

(

16,3

33)

(3,

319)

0

0

86,

156

(8,

614)

(2,

938)

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty 9

-

- -

- 1

37

(1,8

52)

-

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

9

- -

- -

137

(

1,85

2) -

Tota

l (A

+B)

2,0

25

(16

,333

) (

3,31

9) 0

0

8

6,29

3 (

10,4

66)

(2,

938)

Par

ticu

lars

M

ax G

ain

Fund

IIPr

emie

r Bon

d Fu

ndPr

emie

r Deb

t Fun

dPr

emie

r Equ

ity

Fund

Prem

ier E

quit

y G

ain

Fund

Prem

ier E

quit

y G

row

th F

und

Prem

ier E

quit

y In

dex

Fund

Pure

Equ

ity

Fund

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

- -

- -

- -

Corp

orat

e Bo

nds

0

521

(3

48)

- (0

) (0

) (0

) -

Infr

astr

uctu

re B

onds

- (3

,247

) (4

68)

- -

- -

-

Equi

ty -

- -

116

,164

4

1,44

0 1

22,2

74

363

,333

1

24,8

24

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A)

0

(2,7

26)

(815

) 1

16,1

64

41,

440

122

,274

3

63,3

33

124

,824

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty -

- -

4,2

60

5,2

24

2,0

26

2,7

89

(1,1

37)

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

- -

- 4

,260

5

,224

2

,026

2

,789

(1

,137

)

Tota

l (A+

B) 0

(2

,726

) (8

15)

120

,424

4

6,66

3 1

24,3

01

366

,122

1

23,6

87


135

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)


ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

Pr

emie

r Deb

t Fun

dPr

emie

r Equ

ity

Fund

Prem

ier E

quit

y G

ain

Fund

Prem

ier E

quit

y G

row

th

Fund

Prem

ier E

quit

y In

dex

Fund

Pure

Equ

ity

Fund

Pure

Sto

ck F

und

Pure

Sto

ck P

ensi

on

Fund

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

(4)

- -

- -

- -

-

Corp

orat

e Bo

nds

(320

) -

(0)

0

0

- -

-

Infr

astr

uctu

re B

onds

(96)

- -

- -

- -

-

Equi

ty -

66,

288

33,

009

96,

568

190

,129

8

3,63

5 4

34,6

98

14,

752

Mon

ey M

arke

t (0

) 0

0

(0

) 0

0

(0

) -

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A

) (

420)

66,

288

33,

009

96,

568

190

,129

8

3,63

5 4

34,6

98

14,

752

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- -

Infr

astr

uctu

re B

onds

00

00

00

00

Equi

ty -

1,8

54

340

(4

,881

) (1

,776

) (2

,211

) (4

,546

) 3

87

Mut

ual F

und

- -

- -

- -

- -

Vent

ure

Capi

tal

- -

- -

- -

- -

Tota

l (B)

- 1

,854

3

40

(4,

881)

(1,

776)

(2,

211)

(4,

546)

387

Tota

l (A

+B)

(42

0) 6

8,14

2 3

3,35

0 9

1,68

7 1

88,3

53

81,

424

430

,152

1

5,13

9

Par

ticu

lars

Pu

re S

tock

Fun

dPu

re S

tock

Pen

sion

Fun

dSe

cure

Fun

dSh

ield

Plu

s Fu

nd I

Shie

ld P

lus

Fund

IISh

ield

Plu

s Fu

nd II

ISt

able

Fun

dG

rand

Tot

al

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

- -

291

(1

94)

12

459

(1

1) (3

0,75

9)

Corp

orat

e Bo

nds

- -

(3,9

24)

(160

) (4

8) (6

98)

(13,

535)

82,

064

Infr

astr

uctu

re B

onds

- -

(2,8

05)

(15,

999)

(5,5

79)

(1,8

53)

(11,

210)

(371

,953

)

Equi

ty 5

59,0

69

18,

091

16,

212

18,

486

3,6

37

- 8

1,04

1 4

3,19

8,45

6

Mon

ey M

arke

t -

- -

- -

- -

-

Mut

ual F

und

- -

- -

- -

- -

Dep

osit

with

Ban

ks -

- -

- -

- -

-

Tota

l (A)

559

,069

1

8,09

1 9

,775

2

,133

(1

,979

) (2

,093

) 5

6,28

6 4

2,87

7,80

8

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

- 2

,143

Infr

astr

uctu

re B

onds

- -

- -

- -

- -

Equi

ty 3

,117

1

74

2,0

76

4,0

60

904

-

11,

696

886

,906

Mut

ual F

und

- -

- -

- -

- -

Tota

l (B)

3,1

17

174

2

,076

4

,060

9

04

- 1

1,69

6 8

89,0

50

Tota

l (A+

B) 5

62,1

86

18,

265

11,

851

6,1

93

(1,0

74)

(2,0

93)

67,

982

43,

766,

858

136

(Am

ount

in R

s ‘00

0)

(Am

ount

in R

s ‘00

0)


ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

App

endi

x III

Ref

er S

ched

ule

16 N

ote

24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

010-

2011

Par

ticu

lars

Se

cure

Fun

dSh

ield

Plu

s Fu

nd I

Shie

ld P

lus

Fund

IISh

ield

Plu

s Fu

nd II

ISh

ield

Plu

s Fu

nd IV

Stab

le F

und

Gra

nd T

otal

App

rove

d In

vest

men

ts

Gov

ernm

ent B

onds

(1,2

13)

- -

- -

(585

) (

88,2

12)

Corp

orat

e Bo

nds

(2,9

13)

(2,4

36)

(873

) (1

,898

) (7

1) (4

,306

) 1

97,3

99

Infr

astr

uctu

re B

onds

(4,4

18)

(41,

796)

(14,

784)

(9,7

03)

(438

) (1

,607

) (

368,

055)

Equi

ty (7

33)

878

2

31

1,8

24

210

(3

,230

) 2

3,47

4,54

8

Mon

ey M

arke

t 0

0

0

0

(0

) 0

0

Mut

ual F

und

- -

- -

- -

-

Dep

osit

with

Ban

ks -

- -

- -

- -

Tota

l (A

) (

9,27

7) (

43,3

55)

(15

,426

) (

9,77

7) (

300)

(9,

729)

23,

215,

679

Oth

er In

vest

men

ts

Corp

orat

e Bo

nds

- -

- -

- -

987

Infr

astr

uctu

re B

onds

00

00

00

-

Equi

ty (2

,153

) (8

38)

(256

) (3

68)

(42)

(1,1

11)

(37

8,56

5)

Mut

ual F

und

- -

- -

- -

-

Vent

ure

Capi

tal

- -

- -

- -

-

Tota

l (B)

(2,

153)

(83

8) (

256)

(36

8) (

42)

(1,

111)

(37

7,57

8)

Tota

l (A

+B)

(11

,430

) (

44,1

92)

(15

,682

) (

10,1

46)

(34

2) (

10,8

39)

22,

838,

101


137

(Am

ount

in R

s ‘00

0)


ppen

dix

III R

efer

Sch

edul

e 16

Not

e 24

Encl

osur

e G

: Fu

ndw

ise

and

Clas

swis

e A

ppre

ciat

ion/

(Dep

reci

atio

n) in

val

ue o

f Inv

estm

ents

for t

he y

ear 2

011-

2012

Appendix IV refer Schedule 16 Note 25

Controlled Fund StatementSr. No. Particulars Current Year Previous Year

1 Computation of Controlled fund as per the Balance Sheet

Policyholders' Fund (Life Fund)

Participating



Non-participating




Group Assurance 13,069,765 7,581,846

Linked



Group 13,084 16,664

Discontinued Fund 156,384 -

Unit Linked 299,838,261 328,841,705

Funds for Future Appropriations 2,290,766 2,929,021

Fair Value Change Account 55,847 37,544

Total (A) 358,879,899 370,254,945

Shareholders' Fund

Paid up Capital 1,507,090 1,507,090

Reserves & Surpluses 34,098,981 20,986,962

Fair Value Change - 5

Total (B) 35,606,071 22,494,057

Misc. expenses not written off

Credit / (Debit) from P&L A/c. - -

Total (C ) - -

Total shareholders' funds (B+C) 35,606,071 22,494,057

Controlled Fund (Total (A+B+C)) 394,485,970 392,749,002

2 Reconciliation of the Controlled Fund from Revenue and Profit & Loss Account

Opening Balance of Controlled Fund (A) 392,749,002 330,266,222

Add: Inflow

Income

Premium Income 74,837,954 96,099,487

Less: Reinsurance ceded (501,791) (347,698)

Net Premium 74,336,163 95,751,789

Investment Income (394,473) 39,123,659

Other Income 87,914 86,869

Funds transferred from Shareholders' Accounts 28,489 316,720

Total Income 74,058,093 135,279,037

Less: Outgo

(i) Benefits paid (Net) 54,945,976 49,846,683

(ii) Interim Bonus Paid 12,476 19,558

(iii) Change in Valuation of Liability (10,755,094) 52,848,822

(iv) Commission 3,882,730 6,164,741

(v) Operating Expenses 14,062,756 16,065,847

(vi) Provision for Taxation

(a) FBT - -

(b) I.T. 1,856,244 1,923,860

Total Outgo 64,005,088 126,869,511

Surplus of the Policyholders' Fund 10,053,005 8,409,526

Less: transferred to Shareholders' Account

From Current Year (9,793,907) (8,249,493)

From Previous Years (897,353) (1,105,581)

Net Flow in Policyholders' account (638,255) (945,548)

(Amount in Rs ‘000)

138


Sr. No. Particulars Current Year Previous Year

Add: Net income in Shareholders' Fund 13,112,019 10,570,390

Net In Flow / Outflow (B) 12,473,764 9,624,842

Change in valuation Liabilities (C) (10,755,094) 52,848,822

Change in Fair Value Change Account (D) 18,298 9,116

Increase in Paid up Capital (E) - -

Closing Balance of Controlled Fund (A+B+C+D+E) 394,485,970 392,749,002

As Per Balance Sheet 394,485,970 392,749,002

Difference, if any - -

3 Reconciliation with Shareholders' and Policyholders' Fund

3.1 Policyholders' Funds - Traditional-PAR and NON-PAR

Opening Balance of the Policyholders' Fund 33,853,437 22,214,988

Add: Surplus of the Revenue Account 1,002,922 1,010,981

Less: Surplus transfer to Shareholders' Account (743,824) (850,948)

Change in valuation Liabilities 19,582,835 11,469,305

Change in Fair Value Change Account 18,303 9,111

Total 53,713,673 33,853,437

As per Balance Sheet 53,713,673 33,853,437


3.2 Policyholders' Funds - Linked

Opening Balance of the Policyholders' Fund 336,401,508 296,127,572

Add: Surplus of the Revenue Account 9,050,083 7,398,545

Less: Surplus transfer to Shareholders' Account (9,947,436) (8,504,126)

Change in valuation Liabilities (1,490,869) (3,316,034)

Change in Fund Reserve (29,003,444) 44,695,551

Total 305,009,842 336,401,508



3.3 Policyholders' Funds - Discontinued Fund

Opening Balance of the Policyholders' Fund - -

Change in Fund Reserve 156,384 -

Closing Balance 156,384 -

As per Balance Sheet 156,384 -


3.4 Shareholders' Funds

Opening Balance of Shareholders' Fund 22,494,057 11,923,662

Add: Net income of Shareholders' account (P&L) 13,112,019 10,570,390

Change in Fair Value Change Account (5) 5

Closing Balance of the Shareholders' fund 35,606,071 22,494,057



(Amount in Rs ‘000)

Appendix IV refer Schedule 16 Note 25

Controlled Fund Statement


139

Bajaj Allianz Life Insurance Company Ltd. I Controlled Fund Statement

Cash Flow Statement for the Year ending 31st March 2011


Cash Flow from Operating Activities

Cash receipts from customers

- Premium and other receipts 74,028,519 94,903,507

Cash paid towards Operating Activities

Expenses (18,274,891) (22,380,971)

Benefits paid (54,411,240) (49,712,032)

Taxes Paid (1,770,115) (1,710,750)

Reinsurance (Net) (227,441) (153,802)

Advance & Deposits (27,433) (575,851)

Loan Against Policies (23,581) (16,803)

(74,734,701) (74,550,209)

Cash flow before extraordinary item (706,182) 20,353,298

Extraordinary Item - -

Net cash from Operating Activities ( A ) (706,182) 20,353,298

Cash Flow from Investing Activities

Purchase of Fixed Assets (888,487) (325,712)

Purchase of Investment (1,256,981,893) (1,061,616,690)

(1,257,870,380) (1,061,942,402)

Interest and dividend Received 10,998,917 10,463,637

Sale of Investment 1,245,995,707 1,030,319,965

Sale of Fixed Assets 7,623 3,629

1,257,002,247 1,040,787,231

Net cash from investing activities ( B ) (868,133) (21,155,171)

Cash Flow from Financing activities

Proceeds from Issuance of Share Capital - -

Share Premium received on issuance of Share Capital - -

- -

Net cash from Financing Activities ( C ) - -

Net increase in Cash & Cash Equivalents (D = A + B + C ) (1,574,315) (801,873)

Cash & Cash equivalents at the beginning of the Year 6,519,895 7,321,768

Cash & Cash Equivalents at the end of the Period 4,945,580 6,519,895

Components of cash & cash equivalents

Cash and Bank Balances ( as per Sch 11) 4,382,396 4,385,098

Cash and Bank Balances ( Unit Linked business) 1,035,646 2,135,814

Temporary overdraft (as per Sch 13 ) (472,462) (1,017)

4,945,580 6,519,895



Rahul Bajaj Chairman Sanjiv Bajaj Director

S. H. Khan Director V. Philip Managing Director and Chief Executive Officer Sameer Bakshi Company Secretary and Head – Legal & Compliance Place : Pune Date : 12th May 2012







Notes to Financial Statements 16 The accompanying notes and schedules form an integral part of the financial statements.As per our report of even date attached.

140


Balance Sheet Abstract and Company’s General Business Profile

I. Registration DetailsRegistration No. State Code

15959 25

CINU66010PN2001PLC015959

Balance Sheet Date31 03 2012

Date Month Year

II. Capital raised during the year ( Amount in Rs ‘000)

Public Issue Right Issue- -

Bonus Issue Private Placement- -

III. Position of mobilisation and deployment of funds ( Amount in Rs ‘000)

Total Liabilities Total Assets394,485,970 394,485,970

IV. Source of Funds ( Amount in Rs ‘000)

Paid up Capital Reserves and Surplus ( shareholders )1,507,090 34,098,981

Secured Loans Unsecured LoansNil Nil

Policyholders Funds Others

358,879,899 Nil

V. Application of Funds ( Amount in Rs ‘000)

Net Fixed Assets Investments2,262,424 394,329,579

Net Current Assets Miscellaneous Expenditure-2,276,693 Nil

Accumulated loss ( Shareholders) OthersNil 170,660

VI. Performance of Company ( Amount in Rs ‘000)

Turnover Total Expenditure- -

Profit / Loss before Tax Profit / Loss after Tax13,495,776 13,112,019

Accumulated ProfitsNil

Earnings pr share Dividend rate(%)87.00 0


141

Bajaj Allianz Life Insurance Company Ltd. I Balance Sheet Abstract and Company’s General Business Profile

Balance Sheet Abstract and Company’s General Business Profile


Rahul Bajaj Manuel Bauer Niraj Bajaj Chairman Director Director

Sanjiv Bajaj David Fried Ranjit Gupta Director Director Director S. H. Khan Suraj Mehta Manu Tandon Director Director Director

V. Philip Rajesh Viswanathan Anil Singh Managing Director and Chief Financial Officer Appointed ActuaryChief Executive Officer

Sameer Bakshi Company Secretary and Head – Legal & Compliance Place : Pune Date : 12th May 2012

VII. Generic Name of Principal Products/Services of Company

Item Code no (ITC Code) -

Product Description Life Insurance Business

Note:The Company being a life insurance company the accounts of the Company are not required to be made in accordance with Schedule VI. Further, the Insurance Act, 1938, requires the accounts of the Company to be split between Policyholders’ & Shareholders’ Account. In view of this it is not possible to give all the information as required in Part III & Part IV of the Schedule.

142


Notes

143

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd.

Notes

144

Bajaj Allianz Life Insurance Company Ltd.

Notes

145

Annual Report 2011-2012Bajaj Allianz Life Insurance Company Ltd.

Bajaj Allianz Life Insurance Company Ltd. I IRDA .... Niraj Bajaj Mr. Sanjiv Bajaj ... in the...

Documents

Transcript of Bajaj Allianz Life Insurance Company Ltd. I IRDA .... Niraj Bajaj Mr. Sanjiv Bajaj ... in the...