bajaj allianz annual report 2008-09

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED rdIRDA Registration No. 116 dated 3 August, 2001

BOARD OF DIRECTORS :

AUDITORS :

MAIN BANKERS :

REGISTERED OFFICE :Bajaj Allianz Life Insurance Company Limited

Mr. Rahul Bajaj (Chairman)Dr. Werner ZedeliusMr. Sanjay AsherMr. Niraj BajajMr. Sanjiv BajajMr. Heinz DollbergMr. Ranjit GuptaMr. S. H. KhanMr. Suraj MehtaMr. Dietmar RaichMr. Manu TandonMr. Kamesh Goyal (Alternate Director to Dr. Werner Zedelius)

B S R & Co.Chartered Accountants

DALAL & SHAHChartered Accountants

Standard Chartered BankSyndicate BankAXIS BankDeutsche BankHDFC Bank

Ground Floor, G.E. Plaza, Airport Road,Yerawada, Pune- 411006.Tel : 020-6602 6777Fax : 020-6602 6789email : [email protected] us at : www.bajajallianzlife.co.in

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Annual Report 2008-2009

INDEX

Directors' Report 2

Management Report 4

Auditors' Report 7

Revenue Account : Policyholders' Account (Technical Account) 10

Profit & Loss Account : Shareholders' Account (Non Technical Account) 15

Balance Sheet 16

Schedule 1-15 18

Annexure to Revenue Account 34

Notes to Financial Statements 40

Cash Flow Statement 114

Balance Sheet abstract & Company's general business profile 115

DIRECTORS' REPORT


1. Market scenario in the life insurance industry :

2. Summary of operations for the year:

Life insurance business had grown rapidly in the last few years till March 2008 on the back of high GDP growth, rising stock market, higher income levels and a massive expansion of distribution network by the insurance companies. However, due to slow down in domestic growth and global recession, Insurance industry too lost its momentum during 2008-09, accompanied by huge expense overrun viz. higher actual expenses compared with provisions built in the products. In the Financial Year 2008-09, the life insurance industry had a negative growth of 6.3% vis-à-vis growth of 23.32% in the previous year, garnering new business (NB) premium of Rs 871 billion compared to NB premium of Rs 930 billion in FY 2007-08. The growth rate of private sector companies collapsed from 74% in 2007-08 to 1% in 2008-09 while LIC has to contend with a negative growth of 10.5%. Accordingly, market share of private players increased from 36.36% in 2007-08 to 39.21% in 2008-09.

Business Performance

The Company was at the third position among the private life insurers on NB premium basis for the financial year 2008-09 compared to the second position in the previous year. It wrote NB of Rs. 44.9 Bn compared to Rs. 66.7 Bn in the previous year registering a negative growth rate of 32.7%. Market share of the Company dropped to 5.2% compared to 7.0% in the previous year. The Company is at second position among the private life insurers on the basis of number of new policies issued; with 2.59 million policies issued in the year 2008-09 compared to 3.74 million policies issued in the previous year. The gross premium written for the financial year 2008-09 was Rs. 106.2 Bn, compared to Rs. 97.2 Bn in the previous year,

registering a growth of 9.2%. The growth in the gross written premium was due to the increase in renewal collections from Rs. 30.5 Bn in the previous year to Rs. 61.3 Bn in the current year, an increase of 101%. The annualized new business premium (considering single premium @ 10% and first year premium @ 100%) registered a negative growth of 32% from Rs 59.9 Bn in the previous year to Rs 40.6 Bn in the current year. The Company's market share on an annualized new business premium basis reduced from 10.3% to 7.7% in the year 2008-09. The Company earned a profit of Rs. 448 million during 2008-09, as compared to a loss of Rs. 159 million in the previous year. In the current financial year, the Company is focusing on improving employee productivity, policy persistency, operational processes and service levels.

Investments

stThe Assets under Management as on 31 March 2009 were Rs 171.56 billion which included shareholder funds Rs 7.7 Bn; traditional policyholder funds Rs 23.21 Bn and Unit linked funds of Rs 140.65 Bn. The unit-linked funds increased by 28.40 % from Rs 109.54 Bn in the previous year.

The traditional portfolios were managed keeping in mind the regulatory asset allocation requirements and delivered superior returns at very low risk. The performance of the ULIP

stfunds, for the year ended 31 March, 2009, were excellent. The funds outperformed both the benchmark as well as the peer group in all categories. The cash fund outperformed by almost 200 basis points over the CRISIL Composite Liquid Index and the bond fund outperformed the CRISIL Composite Bond Index by almost 700 basis points. The large cap funds and mid cap equity funds also outperformed the benchmark handsomely. The Pure Stock Fund, outperformed the Nifty Index by almost 20%.

Products

The Company launched a basket of 15 new products during the year, with a view to providing additional products to the customers.

The Company now has 38 individual products and 14 group products catering to all strata of the society.

Corporate Communications

ndThe Company was ranked 32 in the Economic Times most thtrusted service brand survey and was ranked 30 in the Pitch

Magazine India's top 50 service brand. The Company sponsored Rajasthan Royal's Team in the Indian Premier League which went on to win the tournament and emerged as a successful campaign for the Company. The Company also sponsored Miss Confident section of Femina Miss India Pageant. The Company implemented various TV and Radio

The Directors have pleasure in presenting their Eighth Annual Report & Audited Statements of Accounts for the year 2008- 09

2

Rahul BajajChairman

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Directors' Report for the Financial Year ended 31st March 2009

campaigns with focus on general entertainment, news and niche channels.

Capital base of the Company was maintained at Rs.12.10 Bn. with no fresh infusion in FY 2008-09. The Company placed special emphasis on capital efficiency and had the highest ratio of gross written premium to capital invested by shareholders among the private sector.

The Certificate of Registration from the IRDA to carry on life insurance business was renewed for the year 2009-10.

Since the Company did not carry out any manufacturing activity, the Companies (Disclosure of Particulars in the report of the Board of Directors) Rules, 1988 are not applicable.

Earnings in foreign currency NIL

Expenditure in foreign currency Rs. 129 million

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 to the Directors' Report. The report and Accounts are being sent to the shareholders of the Company excluding the said information. Any shareholder interested in obtaining such particulars may write to the Company Secretary at the Registered Office of the Company.

Mr. Sanjay Asher and Mr. Suraj Mehta retire by rotation and being eligible offer themselves for re-appointment as Directors.

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

stCompany as on 31 March 2009 and of the profit of the Company for that year;

3.1 Capital:

3.2 IRDA Registration:

4. Particulars regarding conservation of energy and technology absorption:

5. Foreign exchange earnings and expenditure:

6. Particulars of employees:

7. Directors:

8. Directors' responsibility statement:

(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.

The Audit Committee of Board of Directors constituted in accordance with the provisions of Section 292A of the

thCompanies Act, 1956 held their meetings on 12 May 2008 thand 4 December 2008 and reviewed the operations and

accounts of the Company.

The Company appointed M/s. B S R & Co., Chartered Accountants and M/s. Dalal and 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 Eighth Annual General meeting of the Company.

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.

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 management & employees for their hard work, dedication and commitment.

9. Audit Committee:

10. Auditors:

11. Appreciation:

On behalf of Board of Directors ofBajaj Allianz Life Insurance Company Ltd.

Rahul BajajChairman

Puneth11 May 2009

Annual Report 2008-2009

3

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED

MANAGEMENT REPORT

With respect to the operations of Bajaj Allianz Life Insurance stCompany Limited ('the Company') for the financial year 1

stApril 2008 to 31 March 2009 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 2009 - 2010.

2. We certify all relevant statutory dues payable by the Company have been generally deposited on time.

3. During the current year the Company has transferred 111,358,900 shares from Bajaj Auto Limited to Bajaj Finserv Limited vide order of the High Court of Judicature

that Mumbai dated 18 December 2007 granting approval for the scheme of arrangement. The transfer has also been approved by the Insurance Regulatory and

rdDevelopment Authority (IRDA) and was made on 23 May 2008.

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.

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”.

Market value of investment in debt securities (other than unit linked funds) on the date of Balance Sheet, which are valued at amortised cost as per IRDA regulations, is higher than their carrying amount.

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 at least once a year 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. Claim settlement time for the claims lodged has been around 7 days from the date of receipt of complete requirements. Ageing of claims registered and not settled, pending for receipt of complete requirement is given below.

For Linked Business

(Rs. In lakh)Current Year Previous Year

Period No. of Amount No. of AmountClaims involved Claims involved

Less than 30 days 645 221.15 206 122.9630 days to 6 months 531 203.26 343 132.676 months to 1 year 269 180.97 104 88.421year to 5 years 261 220.13 161 205.215 years & above 6 7.92 1 4.32

For Traditional Business

11. We certify that the values, as shown in the Balance Sheet, of the investments (other than unit linked investments), which consists of fixed income securities, equity shares and mutual fund units that have been valued as per accounting policies prescribed by IRDA. Market values have been ascertained for equities on the basis of lower of

rdIRDA Registration No. 116 dated 3 August, 2001

4

(Rs. In lakh)Current Year Previous Year

Period No. of Amount No. of AmountClaims involved Claims involved

Less than 30 days 330 663.40 442 893.9230 days to 6 months 223 649.88 296 555.966 months to 1 year 117 214.86 70 102.101 year to 5 years 116 175.41 47 81.015 years & above Nil Nil Nil Nil

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Management Report For The Year Ended 31st March 2009

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 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. 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 at yield to maturity. 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, AA+ or 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 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 departures;

b) The Management has adopted accounting policies and applied them consistently and made judgements 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 Loss 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.

14. The following are the payments made to individuals, firms, companies and organizations in which the directors of the insurer are interested:

Sl.No. is interested during the financial year

(Rs. In lakh)

1 Mr. Rahul Bajaj, Mr. Sanjiv Bajaj and DirectorMr. S. H. Khan Director

2 Mr. Rahul Bajaj, Bajaj Auto Ltd. Director 6.82Mr. Niraj Bajaj, (Now known as DirectorMr. Sanjiv Bajaj and Bajaj Holdings DirectorMr. S. H. Khan and Investment Ltd.) Director

3 Mr. Rahul Bajaj and Bajaj Auto Finance Ltd. Director 6.00Mr. Sanjiv Bajaj Director

4 Mr. Rahul Bajaj, Bajaj Allianz General Director 165.79Dr Werner Zedelius, Insurance Company Ltd. DirectorMr. Niraj Bajaj, DirectorMr. Sanjiv Bajaj, DirectorMr. Heinz Dollberg, Director

Name of the Director Entity in which Director Interested as Amount of Payment

Bajaj Finserv Ltd. Director 52.45


5


Mr. Ranjit Gupta, Mr. Sanjay Asher, DirectorMr. Suraj Mehta, DirectorMr. S. H. Khan, DirectorMr. Manu Tandon and DirectorMr. Kamesh Goyal Alternate Director

5 Mr. Rahul Bajaj, Hind Musafir Agency Limited Shareholding exceeds 2% 0.77Mr. Niraj Bajaj and Shareholding exceeds 2%Mr. Sanjiv Bajaj Relative is Director

6 Dr. Werner Zedelius Allianz Insurance Management Director 0.60Asia Pacific Pte Limited

7 Mr. Heinz Dollberg Bajaj Allianz Financial Director 1,849.68Mr. Ranjit Gupta Distributors Ltd. DirectorMr. Kamesh Goyal Director

Director

For Bajaj Allianz Life Insurance Company Limited

Rahul Bajaj Kamesh Goyal Niraj BajajChairman Alternate Director & Director

Sanjiv Bajaj S.H. Khan Ranjit GuptaDirector Director Director

Sanjay Asher Suraj Mehta Manu TandonDirector Director Director

Rajesh Viswanathan Anil Singh Sameer BakshiChief Financial Officer Appointed Actuary Company Secretary &

Head – Legal & Compliance

Place : PunethDate : 11 May 2009

Chief Executive Officer

Sl.No. is interested during the financial year

(Rs. In lakh)

Name of the Director Entity in which Director Interested as Amount of Payment


6

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Auditors' Report

AUDITORS' REPORT

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 March 31, 2009, 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 Shareholders' Profit and Loss Account and the Receipts and 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 Shareholders' Profit and Loss Account and the Receipts and Payments Account referred to in 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 March 31, 2009 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 March 31, 2009 and taken on record by the Board of Directors, none of the Directors are is disqualified as on March 31, 2009 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 behalf;

(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')


7


and orders / directions issued by IRDA in this behalf;

(c) The Balance sheet, the Policyholders' Revenue Account, the Shareholders' Profit and Loss Account and the Receipts and 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 behalf;

7. The Balance Sheet, the Policyholders' Revenue Account, the Shareholders' Profit and Loss Account and the Receipts and Payments Account 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 March, 31 2009;

(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 loss 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 and 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 2009, 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 certificate 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.

Dalal & Shah B S R & Co.Chartered Accountants Chartered Accountants

Anish AminPartner PartnerMembership No. 40451 Membership No. 47483

Place : Pune Place : Puneth thDate : 11 May 2009 Date : 11 May 2009

Juzer Miyajiwala


8

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 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 2009)

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 March 31, 2009, 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 March 31 2009, 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 March 31, 2009, 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.

Auditors' Certificate

Annexure to the Auditors Report

Dalal & Shah B S R & Co.Chartered Accountants Chartered Accountants

Anish AminPartner PartnerMembership No. 40451 Membership No. 47483


Juzer Miyajiwala


9


Revenue Account for the year ended 31st March 2009Policyholders' Account (Technical Account)


10

PREMIUMS EARNED - Net

INCOME FROM INVESTMENTS

OTHER INCOME

COMMISSIONOPERATING EXPENSES RELATED TO INSURANCE BUSINESS

BENEFIT PAID (Net)

SURPLUS/ (DEFICIT ) (D) = (A) - (B) - (C)

APPROPRIATIONS

DETAILS OF TOTAL SURPLUS

(a) Premium 1 106,245,213 4,263,688 65,407 78,313 272,059 35,389 1,666,325 94,917,173 3,534,249 132,804 1,279,806 (b) Reinsurance ceded (Refer Schedule 16 Note 16) (234,503) (53,483) (845) (13,484) (25,322) - (18,792) (122,465) (112) - - (c) Reinsurance accepted - - - - - - - - - - -

SUB-TOTAL 106,010,710 4,210,205 64,562 64,829 246,737 35,389 1,647,533 94,794,708 3,534,137 132,804 1,279,806

(a) Interest, Dividend & Rent - Gross 4,128,837 845,525 25,677 20,612 9,723 8,191 39,940 2,913,604 122,076 19,596 123,893 (b) Profit on sale / redemption of investments 4,592,135 116,436 - - 278 - 460 4,157,469 221,804 13,066 82,622 (c) (Loss on sale / redemption of investments) (21,740,082) (66,671) - - - - - (20,386,152) (1,062,260) (30,753) (194,246)(d) Transfer/Gain on revaluation/ change in fair value (19,189,517) - - - - - - (18,420,903) (820,989) 7,158 45,217 (e) Other investment income 1,059,927 - - - - - - 991,625 43,591 3,378 21,333

(31,148,700) 895,290 25,677 20,612 10,001 8,191 40,400 (30,744,357) (1,495,778) 12,445 78,819 131,087 43,291 470 198 225 599 52 83,418 2,729 60 45

Contribution from the Shareholders' account 1,639,081 - - - - - - 1,290,084 348,191 - 806 (Refer Schedule 16 Note 15)

SUB-TOTAL (29,378,532) 938,581 26,147 20,810 10,226 8,790 40,452 (29,370,855) (1,144,858) 12,505 79,670

TOTAL (A) 76,632,178 5,148,786 90,709 85,639 256,963 44,179 1,687,985 65,423,853 2,389,279 145,309 1,359,476 2 10,515,493 538,635 1,272 17,311 42,263 177 195,906 9,495,789 224,140 - - 3 18,757,915 628,190 6,033 18,414 47,937 630 102,835 17,272,691 657,100 2,311 21,774

Provision for doubtful debts - - - - - - - - - - -Bad Debts written off - - - - - - - - - - -Provision for Fringe Benefit Tax 86,455 3,050 30 85 89 3 514 79,386 3,183 11 104 Provision for Income Tax 71,283 16,354 - - 13,485 - - 41,444 - - - Provisions (other than taxation)(a) For diminution in the value of investments (net) - - - - - - - - - - -(b) Others - - - - - - - - - - -

TOTAL (B) 29,431,146 1,186,229 7,335 35,810 103,774 810 299,255 26,889,310 884,423 2,322 21,878 4 7,565,134 518,834 16,261 19,111 16,563 5,438 471,157 5,550,567 161,829 81,440 723,934

Interim Bonuses Paid 474 474 - - - - - - - - - Change in valuation of liability in respect of life policiesin force (Refer Schedule 16 Note 1 (e) and Note 8 )(a) Gross 7,369,161 3,362,143 66,526 21,927 72,519 39,032 907,577 2,773,075 119,120 1,695 5,547 (b) Fund Reserve (Refer Schedule 16 Note 1(e)) 31,111,301 - - - - - - 29,220,066 1,223,907 59,211 608,117 (c) Amount ceded in Re-insurance - - - - - - - - - - -(d) Amount accepted in Re-insurance - - - - - - - - - - -

TOTAL (C) 46,046,070 3,881,451 82,787 41,038 89,082 44,470 1,378,734 37,543,708 1,504,856 142,346 1,337,598

1,154,962 81,106 587 8,791 64,107 (1,101) 9,996 990,835 - 641 -

Balance of previous year 949,408 877,422 2,392 35,173 30,612 3,809 - - - - -

Reserve for lapsed unit linked policies unlikely to be revived 990,835 - - - - - - 990,835 - - - (Refer Schedule 16 Note 1(e) and Note 8)Transfer to Shareholders' account (41,548) (40,429) (1,119) - - - - - - - -Balance being funds for future appropriations 1,071,987 918,099 1,860 43,964 94,719 2,708 9,996 - - 641 -

Interim Bonuses Paid (a) 474 474 - - - - - - - - -Allocation of Bonus to policyholders (b) 373,927 363,860 10,067 - - - - - - - -Surplus shown in the Revenue Account (c) 1,154,962 81,106 587 8,791 64,107 (1,101) 9,996 990,835 - 641 -

Total Surplus [ (a)+ (b)+ (c) ] 1,529,363 445,440 10,654 8,791 64,107 (1,101) 9,996 990,835 - 641 -

(Amount in Rs. '000)

Particulars Schedule Current Year Participating Non Participating Linked

Individual Individual Individual Individual Individual Group Individual Individual Group Group Assurance Pension Assurance Health Annuity Assurance Assurance Pension Superannuation Gratuity

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Revenue Account for the year ended 31st March 2009


Particulars Schedule Current Year Participating Non Participating Linked




OTHER INCOME


BENEFIT PAID (Net)


APPROPRIATIONS


(a) Premium 1 106,245,213 4,263,688 65,407 78,313 272,059 35,389 1,666,325 94,917,173 3,534,249 132,804 1,279,806 (b) Reinsurance ceded (Refer Schedule 16 Note 16) (234,503) (53,483) (845) (13,484) (25,322) - (18,792) (122,465) (112) - - (c) Reinsurance accepted - - - - - - - - - - -

SUB-TOTAL 106,010,710 4,210,205 64,562 64,829 246,737 35,389 1,647,533 94,794,708 3,534,137 132,804 1,279,806

(a) Interest, Dividend & Rent - Gross 4,128,837 845,525 25,677 20,612 9,723 8,191 39,940 2,913,604 122,076 19,596 123,893 (b) Profit on sale / redemption of investments 4,592,135 116,436 - - 278 - 460 4,157,469 221,804 13,066 82,622 (c) (Loss on sale / redemption of investments) (21,740,082) (66,671) - - - - - (20,386,152) (1,062,260) (30,753) (194,246)(d) Transfer/Gain on revaluation/ change in fair value (19,189,517) - - - - - - (18,420,903) (820,989) 7,158 45,217 (e) Other investment income 1,059,927 - - - - - - 991,625 43,591 3,378 21,333

(31,148,700) 895,290 25,677 20,612 10,001 8,191 40,400 (30,744,357) (1,495,778) 12,445 78,819 131,087 43,291 470 198 225 599 52 83,418 2,729 60 45

Contribution from the Shareholders' account 1,639,081 - - - - - - 1,290,084 348,191 - 806 (Refer Schedule 16 Note 15)

SUB-TOTAL (29,378,532) 938,581 26,147 20,810 10,226 8,790 40,452 (29,370,855) (1,144,858) 12,505 79,670

TOTAL (A) 76,632,178 5,148,786 90,709 85,639 256,963 44,179 1,687,985 65,423,853 2,389,279 145,309 1,359,476 2 10,515,493 538,635 1,272 17,311 42,263 177 195,906 9,495,789 224,140 - - 3 18,757,915 628,190 6,033 18,414 47,937 630 102,835 17,272,691 657,100 2,311 21,774

Provision for doubtful debts - - - - - - - - - - -Bad Debts written off - - - - - - - - - - -Provision for Fringe Benefit Tax 86,455 3,050 30 85 89 3 514 79,386 3,183 11 104 Provision for Income Tax 71,283 16,354 - - 13,485 - - 41,444 - - - Provisions (other than taxation)(a) For diminution in the value of investments (net) - - - - - - - - - - -(b) Others - - - - - - - - - - -

TOTAL (B) 29,431,146 1,186,229 7,335 35,810 103,774 810 299,255 26,889,310 884,423 2,322 21,878 4 7,565,134 518,834 16,261 19,111 16,563 5,438 471,157 5,550,567 161,829 81,440 723,934

Interim Bonuses Paid 474 474 - - - - - - - - - Change in valuation of liability in respect of life policiesin force (Refer Schedule 16 Note 1 (e) and Note 8 )(a) Gross 7,369,161 3,362,143 66,526 21,927 72,519 39,032 907,577 2,773,075 119,120 1,695 5,547 (b) Fund Reserve (Refer Schedule 16 Note 1(e)) 31,111,301 - - - - - - 29,220,066 1,223,907 59,211 608,117 (c) Amount ceded in Re-insurance - - - - - - - - - - -(d) Amount accepted in Re-insurance - - - - - - - - - - -

TOTAL (C) 46,046,070 3,881,451 82,787 41,038 89,082 44,470 1,378,734 37,543,708 1,504,856 142,346 1,337,598

1,154,962 81,106 587 8,791 64,107 (1,101) 9,996 990,835 - 641 -

Balance of previous year 949,408 877,422 2,392 35,173 30,612 3,809 - - - - -

Reserve for lapsed unit linked policies unlikely to be revived 990,835 - - - - - - 990,835 - - - (Refer Schedule 16 Note 1(e) and Note 8)Transfer to Shareholders' account (41,548) (40,429) (1,119) - - - - - - - -Balance being funds for future appropriations 1,071,987 918,099 1,860 43,964 94,719 2,708 9,996 - - 641 -

Interim Bonuses Paid (a) 474 474 - - - - - - - - -Allocation of Bonus to policyholders (b) 373,927 363,860 10,067 - - - - - - - -Surplus shown in the Revenue Account (c) 1,154,962 81,106 587 8,791 64,107 (1,101) 9,996 990,835 - 641 -

Total Surplus [ (a)+ (b)+ (c) ] 1,529,363 445,440 10,654 8,791 64,107 (1,101) 9,996 990,835 - 641 -


11



Particulars Schedule Previous Year Participating Non Participating Linked




12



OTHER INCOME


BENEFIT PAID (Net)


APPROPRIATIONS


(a) Premium 1 97,253,110 3,431,785 65,575 36,589 115,838 16,729 491,576 88,217,832 3,262,864 220,891 1,393,431(b) Reinsurance ceded (Refer Schedule 16 Note 16) (132,718) (33,189) (585) (2,505) (17,346) - (16,019) (63,026) (48) - -(c) Reinsurance accepted - - - - - - - - - - -

SUB-TOTAL 97,120,392 3,398,596 64,990 34,084 98,492 16,729 475,557 88,154,806 3,262,816 220,891 1,393,431

(a) Interest, Dividend & Rent - Gross 1,958,552 532,794 19,315 15,283 1,220 4,307 22,978 1,273,737 47,849 6,368 34,701 (b) Profit on sale / redemption of investments 9,000,892 136,390 - 116 - - 583 8,265,445 533,232 9,883 55,243 (c) (Loss on sale / redemption of investments) (1,552,580) (24,332) (44) (52) - (46) (114) (1,441,220) (79,330) (1,137) (6,305)(d) Transfer/Gain on revaluation/ change in fair value (3,008,441) - - - - - - (2,661,741) (309,353) (5,667) (31,680)(e) Other investment income 603,495 - - - - - - 569,556 27,662 953 5,324

7,001,918 644,852 19,271 15,347 1,220 4,261 23,447 6,005,777 220,060 10,400 57,283 117,643 32,258 389 152 112 2 58 81,850 2,623 26 173

Contribution from the Shareholders' account 2,951,827 - - - - - 11,257 2,539,007 365,506 4,391 31,666(Refer Schedule 16 Note 15)

SUB-TOTAL 10,071,388 677,110 19,660 15,499 1,332 4,263 34,762 8,626,634 588,189 14,817 89,122

TOTAL (A) 107,191,780 4,075,706 84,650 49,583 99,824 20,992 510,319 96,781,440 3,851,005 235,708 1,482,5532 14,968,622 297,591 1,280 2,520 25,812 160 13,431 14,464,765 163,063 - -3 20,043,360 660,996 9,559 8,118 21,999 455 13,310 18,684,689 598,873 5,982 39,379

Provision for doubtful debts - - - - - - - - - - -Bad Debts written off - - - - - - - - - - -Provision for Fringe Benefit Tax 93,313 3,082 45 38 58 2 62 87,025 2,789 28 184Provision for Income Tax - - - - - - - - - - -Provisions (other than taxation)(a) For diminution in the value of investments (net) - - - - - - - - - - -(b) Others - - - - - - - - - - -

TOTAL (B) 35,105,295 961,669 10,884 10,676 47,869 617 26,803 33,236,479 764,725 6,010 39,5634 8,514,005 318,654 2,258 19,070 7,245 4,468 390,430 7,259,390 465,314 2,766 44,410

Interim Bonuses Paid 2,728 2,728 - - - - - - - - -Change in valuation of liability in respect of life policiesin force (Refer Schedule 16 Note 1 (e) and Note 8 )(a) Gross 3,916,140 2,462,954 72,401 24,284 25,302 19,114 116,486 1,137,626 53,873 - 4,100(b) Fund Reserve (Refer Schedule 16 Note 1(e)) 57,673,296 - - - - - - 53,486,426 2,565,532 226,920 1,394,418(c) Amount ceded in Re-insurance - - - - - - - - - - -(d) Amount accepted in Re-insurance - - - - - - - - - - -

TOTAL (C) 70,106,169 2,784,336 74,659 43,354 32,547 23,582 506,916 61,883,442 3,084,719 229,686 1,442,928

1,980,316 329,701 (893) (4,447) 19,408 (3,207) (23,400) 1,661,519 1,561 12 62Balance of previous year 670,923 585,104 4,383 39,757 11,204 7,019 23,456 - - - - Transitional Adjustments on revision to Valuation of employees benefit (67,505) (5,705) (70) (137) - (3) (56) (59,899) (1,561) (12) (62)

Reserve for lapsed unit linked policies unlikely to be revived (1,601,620) - - - - - - (1,601,620) - - -(Refer Schedule 16 Note 1(e) and Note 8)Transfer to Shareholders' account (32,706) (31,678) (1,028) - - - - - - - -Balance being funds for future appropriations 949,408 877,422 2,392 35,173 30,612 3,809 - - - - -

Interim Bonuses Paid (a) 2,728 2,728 - - - - - - - - -Allocation of Bonus to policyholders (b) 294,355 285,105 9,250 - - - - - - - -Surplus shown in the Revenue Account (c) 1,980,316 329,701 (893) (4,447) 19,408 (3,207) (23,400) 1,661,519 1,561 12 62

Total Surplus [ (a)+ (b)+ (c) ] 2,277,399 617,534 8,357 (4,447) 19,408 (3,207) (23,400) 1,661,519 1,561 12 62



OTHER INCOME


BENEFIT PAID (Net)


APPROPRIATIONS


(a) Premium 1 97,253,110 3,431,785 65,575 36,589 115,838 16,729 491,576 88,217,832 3,262,864 220,891 1,393,431(b) Reinsurance ceded (Refer Schedule 16 Note 16) (132,718) (33,189) (585) (2,505) (17,346) - (16,019) (63,026) (48) - -(c) Reinsurance accepted - - - - - - - - - - -

SUB-TOTAL 97,120,392 3,398,596 64,990 34,084 98,492 16,729 475,557 88,154,806 3,262,816 220,891 1,393,431

(a) Interest, Dividend & Rent - Gross 1,958,552 532,794 19,315 15,283 1,220 4,307 22,978 1,273,737 47,849 6,368 34,701 (b) Profit on sale / redemption of investments 9,000,892 136,390 - 116 - - 583 8,265,445 533,232 9,883 55,243 (c) (Loss on sale / redemption of investments) (1,552,580) (24,332) (44) (52) - (46) (114) (1,441,220) (79,330) (1,137) (6,305)(d) Transfer/Gain on revaluation/ change in fair value (3,008,441) - - - - - - (2,661,741) (309,353) (5,667) (31,680)(e) Other investment income 603,495 - - - - - - 569,556 27,662 953 5,324

7,001,918 644,852 19,271 15,347 1,220 4,261 23,447 6,005,777 220,060 10,400 57,283 117,643 32,258 389 152 112 2 58 81,850 2,623 26 173

Contribution from the Shareholders' account 2,951,827 - - - - - 11,257 2,539,007 365,506 4,391 31,666(Refer Schedule 16 Note 15)

SUB-TOTAL 10,071,388 677,110 19,660 15,499 1,332 4,263 34,762 8,626,634 588,189 14,817 89,122

TOTAL (A) 107,191,780 4,075,706 84,650 49,583 99,824 20,992 510,319 96,781,440 3,851,005 235,708 1,482,5532 14,968,622 297,591 1,280 2,520 25,812 160 13,431 14,464,765 163,063 - -3 20,043,360 660,996 9,559 8,118 21,999 455 13,310 18,684,689 598,873 5,982 39,379

Provision for doubtful debts - - - - - - - - - - -Bad Debts written off - - - - - - - - - - -Provision for Fringe Benefit Tax 93,313 3,082 45 38 58 2 62 87,025 2,789 28 184Provision for Income Tax - - - - - - - - - - -Provisions (other than taxation)(a) For diminution in the value of investments (net) - - - - - - - - - - -(b) Others - - - - - - - - - - -

TOTAL (B) 35,105,295 961,669 10,884 10,676 47,869 617 26,803 33,236,479 764,725 6,010 39,5634 8,514,005 318,654 2,258 19,070 7,245 4,468 390,430 7,259,390 465,314 2,766 44,410

Interim Bonuses Paid 2,728 2,728 - - - - - - - - -Change in valuation of liability in respect of life policiesin force (Refer Schedule 16 Note 1 (e) and Note 8 )(a) Gross 3,916,140 2,462,954 72,401 24,284 25,302 19,114 116,486 1,137,626 53,873 - 4,100(b) Fund Reserve (Refer Schedule 16 Note 1(e)) 57,673,296 - - - - - - 53,486,426 2,565,532 226,920 1,394,418(c) Amount ceded in Re-insurance - - - - - - - - - - -(d) Amount accepted in Re-insurance - - - - - - - - - - -

TOTAL (C) 70,106,169 2,784,336 74,659 43,354 32,547 23,582 506,916 61,883,442 3,084,719 229,686 1,442,928

1,980,316 329,701 (893) (4,447) 19,408 (3,207) (23,400) 1,661,519 1,561 12 62Balance of previous year 670,923 585,104 4,383 39,757 11,204 7,019 23,456 - - - - Transitional Adjustments on revision to Valuation of employees benefit (67,505) (5,705) (70) (137) - (3) (56) (59,899) (1,561) (12) (62)

Reserve for lapsed unit linked policies unlikely to be revived (1,601,620) - - - - - - (1,601,620) - - -(Refer Schedule 16 Note 1(e) and Note 8)Transfer to Shareholders' account (32,706) (31,678) (1,028) - - - - - - - -Balance being funds for future appropriations 949,408 877,422 2,392 35,173 30,612 3,809 - - - - -

Interim Bonuses Paid (a) 2,728 2,728 - - - - - - - - -Allocation of Bonus to policyholders (b) 294,355 285,105 9,250 - - - - - - - -Surplus shown in the Revenue Account (c) 1,980,316 329,701 (893) (4,447) 19,408 (3,207) (23,400) 1,661,519 1,561 12 62

Total Surplus [ (a)+ (b)+ (c) ] 2,277,399 617,534 8,357 (4,447) 19,408 (3,207) (23,400) 1,661,519 1,561 12 62

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Revenue Account for the year ended 31st March 2009 Annual Report 2008-2009

13


Particulars Schedule Previous Year Participating Non Participating Linked



Notes to Financial Statements 16

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

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

Chartered Accountants Chartered Accountants

Anish Amin Juzer Miyajiwala Rahul Bajaj Kamesh Goyal Niraj Bajaj Partner Partner Chairman Alternate Director and Director Membership No. 40451 Membership No. 47483 Chief Executive Officer

Sanjiv Bajaj S. H. Khan Ranjit Gupta Director Director Director

Sanjay Asher Suraj Mehta Manu Tandon Director Director Director

Rajesh Viswanathan Anil Singh Sameer Bakshi Chief Financial Officer Appointed Actuary Company Secretary &

Head - Legal &Compliance

Place : Pune Place : PunethDate : 11 May 2009 Date : 11 May 2009th



14

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Profit & Loss Account for the year ended 31st March 2009

Form A- PLProfit & Loss account for the year ended 31st March 2009Shareholders' Account (Non Technical Account)

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

Chartered Accountants Chartered Accountants

Anish Amin Juzer Miyajiwala Rahul Bajaj Kamesh Goyal Niraj Bajaj Partner Partner Chairman Alternate Director and Director Membership No. 40451 Membership No. 47483 Chief Executive Officer

Sanjiv Bajaj S. H. Khan Ranjit Gupta Director Director Director

Sanjay Asher Suraj Mehta Manu Tandon Director Director Director

Rajesh Viswanathan Anil Singh Sameer Bakshi Chief Financial Officer Appointed Actuary Company Secretary &




15


Particulars Current Current Previous PreviousYear Year Year Year

Amounts transferred from the 41,548 32,706Policyholders' Account (Technical Account)

(a) Interest, Dividends & Rent - Gross 846,251 764,027 (b) Profit on sale / redemption of investments 79,971 53,980 (c) (Loss on sale / redemption of investments) (19,473) (22,971)(d) Transfer/Gain on revaluation / change in fair value - -

- -TOTAL(A) 906,749 795,036

Expenses other than those directly related to theinsurance business (Refer Schedule 16 Note 11) 15,943 14,740Provisions (Other than Taxation) - -Contribution to the Policyholders' Fund(Refer Schedule 16 Note 15)

ParticipatingIndividual Assurance - -Individual Pension - -

Non ParticipatingIndividual Assurance - -Individual Health - -Individual Annuity - -Group Assurance - 11,257

LinkedIndividual Assurance 1,290,084 2,539,007Individual Pension 348,191 365,506Group Superannuation - 4,391Group Gratuity 806 1,639,081 31,666 2,951,827

TOTAL(B) 1,655,024 2,966,567 (706,727) (2,138,825)

Provision for Taxation including Wealth Tax 85 80 (706,812) (2,138,905)

Balance at the beginning of the year (4,899,034) (2,760,129) (5,605,846) (4,899,034)

Earning Per Share (Basic & Diluted) (Refer Schedule 16 Note 18) (4.69) (14.22)


OTHER INCOME

PROFIT / (LOSS) before Tax

PROFIT / (LOSS) after Tax

PROFIT/(LOSS) CARRIED FORWARD TO BALANCE SHEET


Form A- BSBalance Sheet as at 31st March 2009


16

(Amount in Rs. '000)Particulars Schedule Current Current Previous Previous

Year Year Year Year

SOURCES OF FUNDSSHAREHOLDERS' FUNDS

BORROWINGS

POLICYHOLDERS' FUNDS

FUNDS FOR FUTURE APPROPRIATIONS

Share Capital 5 1,507,090 1,507,090Reserves and Surplus 6 10,599,550 10,599,550Credit/(Debit) Fair Value Change Account - 102

SUB TOTAL 12,106,640 12,106,742

7 - -

Credit/(Debit) Fair Value Change Account 7,014 99,460Policy Liabilities (Refer Schedule 16 Note 8)

ParticipatingIndividual Assurance 11,319,055 7,956,912Individual Pension 350,390 283,864

Non ParticipatingIndividual Assurance 191,904 169,977Individual Health 106,164 33,645Individual Annuity 101,389 62,357Group Assurance 1,222,238 314,661

LinkedIndividual Assurance 4,501,717 1,728,642Individual Pension 194,008 74,888Group Superannuation 1,695 -Group Gratuity 9,647 17,998,207 4,100 10,629,046

Insurance Reserves - -Provision For Linked Liabilities

Linked Liabilities 159,828,323 109,527,505Fair value change (19,175,325) 140,652,998 14,192 109,541,697

SUB TOTAL 158,658,219 120,270,203

ParticipatingIndividual Assurance 918,099 877,422Individual Pension 1,860 2,392

Non ParticipatingIndividual Assurance 43,964 35,173Individual Health 94,719 30,612Individual Annuity 2,708 3,809

Group Assurance 9,996 -Linked

Individual Assurance - -Individual Pension - -Group Superannuation 641 -Group Gratuity - -

1,071,987 949,408

Reserve for Lapsed unit linked policies unlikely to be revived 3,951,268 5,023,255 2,960,433 3,909,841

TOTAL 175,788,114 136,286,786

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Balance Sheet as at 31st March 2009

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

Chartered Accountants Chartered AccountantsAnish Amin Juzer Miyajiwala Rahul Bajaj Kamesh Goyal Niraj Bajaj Partner Partner Chairman Alternate Director and Director Membership No. 40451 Membership No. 47483 Chief Executive Officer

Sanjiv Bajaj S. H. Khan Ranjit Gupta Director Director Director Sanjay Asher Suraj Mehta Manu Tandon Director Director Director Rajesh Viswanathan Anil Singh Sameer Bakshi Chief Financial Officer Appointed Actuary Company Secretary &



(Amount in Rs. '000)Particulars Schedule Current Current Previous Previous

Year Year Year Year

APPLICATION OF FUNDSINVESTMENTS

ASSETS HELD TO COVER LINKED LIABILITIES

CURRENT ASSETS

LESS: CURRENT LIABILITIES AND PROVISIONS

NET CURRENT ASSETS (C) = (A-B) MISCELLANEOUS EXPENDITURE

DEBIT BALANCE IN PROFIT & LOSS ACCOUNT

Shareholders' 8 7,695,214 11,458,855Policyholders' 8A

ParticipatingIndividual Assurance 12,244,503 8,974,379Individual Pension 354,548 287,815

Non ParticipatingIndividual Assurance 238,972 205,672Individual Health 201,337 64,511Individual Annuity 104,611 66,586Group Assurance 1,240,846 314,840

LinkedIndividual Assurance 8,473,612 4,690,975Individual Pension 337,669 75,066Group Superannuation 2,439 2,244Group Gratuity 18,611 4,880

23,217,148 14,686,968 8B 140,652,998 109,541,697

(Refer Schedule 16 Note 24)LOANS 9 76,970 30,937FIXED ASSETS 10Gross Block 2,402,401 1,644,267Less : Accumulated Depreciation 1,182,816 734,645Net Block 10 1,219,585 909,622Capital work in progress 424,832 181,056

1,644,417 1,090,678

Cash and bank balances 11 3,552,963 3,730,894Advances and other Assets 12 1,828,423 1,367,906

Sub-Total(A) 5,381,386 5,098,800

Current liabilities 13 8,052,356 10,244,719Provisions 14 433,509 275,464

Sub-Total(B) 8,485,865 10,520,183 (3,104,479) (5,421,383)

15 - -(To the extent not written off or adjusted )

5,605,846 4,899,034(Shareholders' account )

Total 175,788,114 136,286,786

Form A- BSBalance Sheet as at 31st March 2009


17


(Am

ount

in R

s. '0

00)

Par

ticul

ars

Curr

ent Y

ear

Part

icip

atin

gNo

n Pa

rtic

ipat

ing

Link

ed

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

Firs

t Yea

r Pre

miu

m

40,1

23,8

671,

072,

543

2,67

246

,294

246,

106

-1,

443,

233

34,3

86,2

531,

545,

927

132,

804

1,24

8,03

5Re

new

al P

rem

ium

61,3

30,9

093,

191,

083

62,7

3520

,671

25,9

53-

137,

137

56,3

30,2

721,

531,

287

-31

,771

Sing

le P

rem

ium

4,79

0,43

762

-11

,348

-35

,389

85,9

554,

200,

648

457,

035

--

Tota

l Pre

miu

m10

6,24

5,21

34,

263,

688

65,4

0778

,313

272,

059

35,3

891,

666,

325

94,9

17,1

733,

534,

249

132,

804

1,27

9,80

6

Prem

ium

Inco

me

from

Busin

ess w

ritte

n:In

Indi

a10

6,24

5,21

34,

263,

688

65,4

0778

,313

272,

059

35,3

891,

666,

325

94,9

17,1

733,

534,

249

132,

804

1,27

9,80

6Ou

tsid

e In

dia

--

--

--

--

--

-To

tal P

rem

ium

106,

245,

213

4,26

3,68

865

,407

78,3

1327

2,05

935

,389

1,66

6,32

594

,917

,173

3,53

4,24

913

2,80

41,

279,

806

(Am

ount

in R

s. '0

00)

Par

ticul

ars

Prev

ious

Yea

rPa

rtic

ipat

ing

Non

Part

icip

atin

gLi

nked

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

Firs

t Yea

r Pre

miu

m59

,198

,105

483,

699

1,68

411

,557

111,

379

-19

4,42

255

,015

,353

1,78

0,82

222

0,89

11,

378,

298

Rene

wal

Pre

miu

m30

,508

,296

2,94

8,08

663

,891

10,9

244,

459

-21

1,90

926

,551

,653

702,

241

-15

,133

Sing

le P

rem

ium

7,54

6,70

9-

-14

,108

-16

,729

85,2

456,

650,

826

779,

801

--

Tota

l Pre

miu

m97

,253

,110

3,43

1,78

565

,575

36,5

8911

5,83

816

,729

491,

576

88,2

17,8

323,

262,

864

220,

891

1,39

3,43

1

Prem

ium

Inco

me

from

Busin

ess w

ritte

n:In

Indi

a97

,253

,110

3,43

1,78

565

,575

36,5

8911

5,83

816

,729

491,

576

88,2

17,8

323,

262,

864

220,

891

1,39

3,43

1Ou

tsid

e In

dia

--

--

--

--

--

-

Tota

l Pre

miu

m97

,253

,110

3,43

1,78

565

,575

36,5

8911

5,83

816

,729

491,

576

88,2

17,8

323,

262,

864

220,

891

1,39

3,43

1

Sche

dule

- 1

: Pre

miu

m (N

et o

f Ser

vice

Tax)

stSc

hed

ule

s fo

rmin

g p

art

of f

inan

cial

sta

tem

ents

for

the

end

ed 3

1 M

arch

20

09

18

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Schedules forming part of financial statements for the year ended 31st March 2009

Par

ticul

ars

Curr

ent Y

ear

Part

icip

atin

gNo

n Pa

rtic

ipat

ing

Link

ed

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

Co

mm

issio

n Pa

idDi

rect

- Firs

t yea

r pre

miu

m8,

298,

587

379,

703

208

16,3

4345

,308

-19

6,04

37,

472,

893

188,

089

--

- Ren

ewal

Pre

miu

m2,

200,

641

162,

812

1,12

61,

020

1,17

3-

-2,

006,

124

28,3

86-

-- S

ingl

e Pr

emiu

m55

,548

702

-73

444

317

7-

45,8

037,

689

--

Add:

Com

miss

ion

on R

eins

uran

ceAc

cept

ed-

--

--

--

--

--

Less

: Com

miss

ion

on R

eins

uran

ceCe

ded

(39,

283)

(4,5

82)

(62)

(786

)(4

,661

)-

(137

)(2

9,03

1)(2

4)-

-(R

efer

Sch

edul

e 16

Not

e 16

)

Net C

omm

issio

n10

,515

,493

538,

635

1,27

217

,311

42,2

6317

719

5,90

69,

495,

789

224,

140

--

Brea

kup

of co

mm

issio

n ex

pens

es (

Gros

s) in

curr

ed to

pro

cure

bus

ines

s is f

urni

shed

bel

ow (*

)Ag

ents

4,67

6,72

8Br

oker

s45

,348

Corp

orat

e Ag

ency

4,76

5,20

0Re

ferr

al1,

067,

500

Tota

l10

,554

,776

Note

: Com

miss

ion

on Fi

rst Y

ear p

rem

ium

incl

udes

refe

rral

fees

am

ount

ing

to R

s. 1,

067,

500

(Pre

viou

s yea

r Rs.

912,

366)

* 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 no

t rea

dily

ava

ilabl

e.

(Am

ount

in R

s. '0

00)

Par

ticul

ars

Prev

ious

Yea

rPa

rtic

ipat

ing

Non

Part

icip

atin

gLi

nked

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

Co

mm

issio

n Pa

idDi

rect

- Fi

rst y

ear p

rem

ium

13,

719,

996

151

,758

1

75

2,2

34

29,

870

- 1

3,43

1 1

3,37

9,70

1 1

42,8

27

- -

-

Ren

ewal

Pre

miu

m 1

,179

,721

1

46,5

59

1,1

07

531

1

86

- -

1,0

14,4

81

16,

857

- -

-

Sing

le P

rem

ium

88,

925

- -

- -

160

-

85,

386

3,3

79

- -

Add:

Com

miss

ion

on R

eins

uran

ce

Acce

pted

- -

- -

- -

- -

- -

- Le

ss: C

omm

issio

n on

Rei

nsur

ance

Ce

ded

(2

0,02

0) (7

26)

(2)

(245

) (4

,244

) -

- (1

4,80

3) -

- -

(Ref

er S

ched

ule

16 N

ote

16)

Net C

omm

issio

n 1

4,96

8,62

2 2

97,5

91

1,2

80

2,5

20

25,

812

160

1

3,43

1 1

4,46

4,76

5 1

63,0

63

- -

Brea

kup

of co

mm

issio

n ex

pens

es (

Gros

s) in

curr

ed to

pro

cure

bus

ines

s is f

urni

shed

bel

ow (*

)Ag

ents

7,

108,

957

Brok

ers

33,

228

Corp

orat

e Ag

ency

6,9

34,0

91Re

ferr

al 9

12,3

66To

tal

14

,988

,642

Note

: Com

miss

ion

on Fi

rst Y

ear p

rem

ium

incl

udes

refe

rral

fees

am

ount

ing

to R

s. 91

2,36

6 (P

revi

ous y

ear R

s. 62

2,50

2)* I

nfor

mat

ion

acro

ss li

ne o

f bus

ines

s has

not

bee

n di

sclo

sed

as in

form

atio

n is

not r

eadi

ly a

vaila

ble.

Annual Report 2008-2009st

Sch

edu

les

form

ing

par

t o

f fin

anci

al s

tate

men

ts fo

r th

e en

ded

31

Mar

ch 2

00

9

Sche

dule

- 2

: Com

mis

sion

s

19

(Am

ount

in R

s. '0

00)

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Sc

hedu

le -

3 : O

pera

ting

Expe

nses

Rel

ated

To In

sura

nce

Busi

ness

(R

efer

Sch

edul

e 16

Not

e 10

)(A

mou

nt in

Rs.

'000

) P

artic

ular

s Cu

rren

t Yea

rPa

rtic

ipat

ing

Non

Part

icip

atin

gLi

nked

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

Empl

oyee

s' re

mun

erat

ion,

wel

fare

be

nefit

s and

oth

er m

anpo

wer

co

sts (

*) 7

,684

,408

2

71,1

07

2,6

61

7,5

42

7,8

87

257

4

5,70

0 7

,056

,125

2

82,8

90

963

9

,276

Tr

avel

, con

veya

nce

and

vehi

cle

runn

ing

expe

nses

260

,635

9

,195

9

0 2

56

268

9

1

,550

2

39,3

24

9,5

95

33

315

Tr

aini

ng e

xpen

ses

350

,199

1

2,35

5 1

21

344

3

59

12

2,0

83

321

,566

1

2,89

2 4

4 4

23

Rent

s, ra

tes a

nd ta

xes

-Se

rvic

e ta

x bo

rne

by U

nit l

inke

d po

licy h

olde

rs'

1,5

17,7

70

- -

- -

- -

1,5

04,2

29

12,

495

143

9

03

-Se

rvic

e Ta

x un

utili

sed

cred

its

prov

ision

/(w

rite

back

) (1

,429

,809

) (5

0,44

4) (4

95)

(1,4

03)

(1,4

68)

(48)

(8,5

03)

(1,3

12,9

07)

(52,

636)

(179

) (1

,726

)-

Serv

ice

Tax

Expe

nses

1,4

88,1

81

71,

770

704

1

,997

2

,088

6

8 1

2,09

8 1

,324

,051

7

2,69

4 2

55

2,4

56

-Re

nts &

Rat

es 4

58,8

97

16,

190

159

4

50

471

1

5 2

,729

4

21,3

78

16,

894

57

554

Re

pairs

107

,098

3

,778

3

7 1

05

110

4

6

37

98,

342

3,9

43

13

129

Pr

intin

g an

d st

atio

nery

240

,168

8

,473

8

3 2

36

247

8

1

,428

2

20,5

32

8,8

41

30

290

Co

mm

unic

atio

n ex

pens

es 2

,148

,093

7

5,78

5 7

44

2,1

08

2,2

05

72

12,

775

1,9

72,4

63

79,

079

269

2

,593

Le

gal a

nd p

rofe

ssio

nal c

harg

es 5

5,82

6 1

,385

1

4 3

9 1

6,61

3 1

2

33

36,

044

1,4

45

5

47

Med

ical

fees

49,

946

1,7

62

17

49

51

2

297

4

5,86

3 1

,839

6

6

0 Au

dito

rs' f

ees,

expe

nses

, etc

.a)

as a

udito

r 4

,500

1

58

2

4

5

- 2

7 4

,132

1

66

1

5

b)as

adv

iser o

r in

any o

ther

ca

paci

ty, in

resp

ect o

fi)

Taxa

tion

Mat

ters

- -

- -

- -

- -

- -

- ii)

Insu

ranc

e M

atte

rs -

- -

- -

- -

- -

- -

iii)M

anag

emen

t Ser

vice

s; an

d -

- -

- -

- -

- -

- -

c)in

any

oth

er ca

paci

ty 3

00

12

- -

- -

2

275

1

1 -

- d)

out o

f poc

ket e

xpen

ses

480

1

7 -

- -

- 3

4

41

18

- 1

Ad

vert

isem

ent a

nd p

ublic

ity 6

47,7

78

22,

853

224

6

36

665

2

2 3

,852

5

94,8

16

23,

847

82

781

In

tere

st a

nd b

ank

char

ges

219

,123

7

,731

7

6 2

15

225

7

1

,303

2

01,2

08

8,0

67

27

264

Ot

hers

a)In

form

atio

n te

chno

logy

ex

pens

es 5

57,5

59

19,

671

193

5

47

572

1

9 3

,316

5

11,9

72

20,

526

70

673

b)

Insu

ranc

e, w

ater

and

el

ectr

icity

char

ges

239

,675

8

,456

8

3 2

35

246

8

1

,425

2

20,0

80

8,8

23

30

289

c)

Polic

y sta

mps

154

,509

5

,451

5

3 1

52

159

5

9

19

141

,876

5

,688

1

9 1

87

d)Se

curit

y and

hou

seke

epin

g 2

20,8

80

7,7

93

76

217

2

27

7

1,3

14

202

,820

8

,131

2

8 2

67

e)M

arke

ting

expe

nses

and

Bu

sines

s dev

elop

men

t exp

ense

s 3

,059

,177

1

10,2

46

962

4

,009

1

6,29

0 1

32

15,

536

2,8

04,2

50

104

,280

3

22

3,1

50

f)M

iscel

lane

ous e

xpen

ses

269

,884

8

,477

7

2 2

32

252

1

5 1

,419

2

48,1

81

10,

909

35

292

De

prec

iatio

n (R

efer

Sch

edul

e 10

) 4

52,6

38

15,

969

157

4

44

465

1

5 2

,692

4

15,6

30

16,

663

58

545

To

tal

18,7

57,9

15

628

,190

6

,033

1

8,41

4 4

7,93

7 6

30

102

,835

1

7,27

2,69

1 6

57,1

00

2,3

11

21,

774

* inc

lude

s out

sour

ced

pers

onal

cost

of R

s. 5,

52,2

48/-


20

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Schedules forming part of financial statements for the year ended 31st March 2009 Annual Report 2008-2009

21

(Am

ount

in R

s. '0

00)

Par

ticul

ars

Prev

ious

Yea

rPa

rtic

ipat

ing

Non

Part

icip

atin

gLi

nked

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

Empl

oyee

s' re

mun

erat

ion,

wel

fare

be

nefit

s and

oth

er m

anpo

wer

co

sts (

*) 6

,898

,081

2

27,7

76

3,2

95

2,7

98

4,3

23

156

4

,586

6

,433

,344

2

06,1

77

2,0

61

13,

565

Trav

el, c

onve

yanc

e an

d ve

hicl

e ru

nnin

g ex

pens

es 4

21,8

73

13,

930

201

1

71

264

1

0 2

80

393

,452

1

2,60

9 1

26

830

Tr

aini

ng e

xpen

ses

511

,314

1

6,88

4 2

44

207

3

20

12

340

4

76,8

66

15,

283

153

1

,005

Re

nts,

rate

s and

taxe

s-

Serv

ice ta

x bo

rne

by U

nit l

inke

d po

licy h

olde

rs'

- -

- -

- -

- -

- -

- -

Serv

ice

Tax

unut

ilise

d cr

edits

pr

ovisi

on/(

writ

e ba

ck)

1,9

05,4

54

62,

925

903

7

74

1,2

04

51

1,2

55

1,7

77,0

88

56,

949

569

3

,736

-

Serv

ice

Tax

Expe

nses

4,0

52

134

2

2

2

-

3

3,7

79

121

1

8

-

Rent

s & R

ates

332

,482

1

0,97

2 1

66

133

1

99

- 2

33

310

,073

9

,941

1

00

665

Re

pairs

132

,613

4

,379

6

3 5

4 8

3 3

8

8 1

23,6

78

3,9

64

40

261

Pr

intin

g an

d st

atio

nery

345

,943

1

1,42

3 1

65

140

2

17

8

230

3

22,6

37

10,

340

103

6

80

Com

mun

icat

ion

expe

nses

3,8

72,9

74

127

,880

1

,857

1

,569

2

,418

8

0 2

,587

3

,612

,035

1

15,7

63

1,1

57

7,6

28

Lega

l and

pro

fess

iona

l cha

rges

38,

977

975

1

4 1

2 9

,473

1

2

0 2

7,53

3 8

82

9

58

Med

ical

fees

73,

850

2,4

39

35

30

46

2

49

68,

875

2,2

07

22

145

Au

dito

rs' f

ees,

expe

nses

,etc

.a)

as a

udito

r 2

,500

8

1 1

1

2

-

2

2,3

32

75

1

5

b)as

adv

iser o

r in

any o

ther

ca

paci

ty, in

resp

ect o

fi)

Taxa

tion

Mat

ters

- -

- -

- -

- -

- -

-

ii)

Insu

ranc

e M

atte

rs -

- -

- -

- -

- -

- -

ii

i)M

anag

emen

t Ser

vice

s; an

d -

- -

- -

- -

- -

- -

c)in

any

oth

er ca

paci

ty -

- -

- -

- -

- -

- -

d)ou

t of p

ocke

t exp

ense

s 1

05

5

- -

- -

- 9

7 3

-

- Ad

vert

isem

ent a

nd p

ublic

ity 3

68,3

09

12,

162

176

1

49

231

8

2

45

343

,496

1

1,00

8 1

10

724

In

tere

st a

nd b

ank

char

ges

199

,879

6

,600

9

5 8

1 1

25

5

133

1

86,4

13

5,9

74

60

393

Ot

hers

a)In

form

atio

n te

chno

logy

expe

nses

532

,772

1

7,59

2 2

54

216

3

34

12

354

4

96,8

79

15,

924

159

1

,048

b)

Insu

ranc

e, w

ater

and

elec

tric

ity ch

arge

s 1

61,3

36

5,3

27

77

65

101

4

1

07

150

,468

4

,822

4

8 3

17

c)Po

licy s

tam

ps 1

46,8

30

4,8

48

70

60

92

3

98

136

,937

4

,389

4

4 2

89

d)Se

curit

y and

hou

seke

epin

g 1

48,0

06

4,8

87

71

60

93

3

98

138

,035

4

,424

4

4 2

91

e)M

arke

ting

expe

nses

and

Busin

ess d

evel

opm

ent e

xpen

ses

3,2

98,1

78

108

,896

1

,587

1

,335

2

,053

6

3 2

,212

3

,075

,957

9

8,58

5 9

86

6,5

04

f)M

iscel

lane

ous e

xpen

ses

421

,382

1

3,40

4 1

75

169

2

77

29

239

3

93,5

21

12,

665

121

7

82

Depr

ecia

tion

(Ref

er S

ched

ule

10)

226

,450

7

,477

1

08

92

142

5

1

51

211

,194

6

,768

6

8 4

45

Tota

l 2

0,04

3,36

0 6

60,9

96

9,5

59

8,1

18

21,

999

455

1

3,31

0 1

8,68

4,68

9 5

98,8

73

5,9

82

39,

379

* inc

lude

s out

sour

ced

pers

onal

cost

of R

s. 5,

56,5

34/-

Sche

dule

- 3

: Op

erat

ing

Expe

nses

Rel

ated

To In

sura

nce

Busi

ness

(R

efer

Sch

edul

e 16

Not

e 10

)


(Am

ount

in R

s. '0

00)

Sche

dule

- 4

: Be

nefit

s pai

d (n

et)

Par

ticul

ars

Curr

ent Y

ear

Part

icip

atin

gNo

n Pa

rtic

ipat

ing

Link

ed

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

a)Cl

aim

s by D

eath

2,2

72,0

59

98,

941

1,4

76

14,

115

16,

288

687

4

72,6

57

1,6

46,4

38

21,

457

- -

b)Cl

aim

s by M

atur

ity 3

87,3

01

374

,275

1

1,01

2 2

,014

-

- -

- -

- -

c)An

nuiti

es/P

ensio

ns p

aym

ent

4,7

47

- -

- -

4,7

47

- -

- -

- d)

UL W

ithdr

awal

s/Su

rren

ders

&Ot

her B

enef

its 4

,992

,212

6

8,00

6 4

,032

3

,157

1

6,35

3 4

-

3,9

54,9

14

140

,372

8

1,44

0 7

23,9

34

a)Cl

aim

s by D

eath

(72,

535)

(12,

077)

(144

) (1

75)

(7,8

54)

- (1

,500

) (5

0,78

5) -

- -

b)Cl

aim

s by M

atur

ity -

- -

- -

- -

- -

- -

c)An

nuiti

es/P

ensio

ns p

aym

ent

- -

- -

- -

- -

- -

- d)

UL W

ithdr

awal

s/Su

rren

ders

&Ot

her B

enef

its (1

8,65

0) (1

0,31

1) (1

15)

- (8

,224

) -

- -

- -

-

a)Cl

aim

s by D

eath

- -

- -

- -

- -

- -

- b)

Clai

ms b

y Mat

urity

- -

- -

- -

- -

- -

- c)

Annu

ities

/Pen

sions

pay

men

t -

- -

- -

- -

- -

- -

d)UL

With

draw

als/

Surr

ende

rs &

Ot

her B

enef

its -

- -

- -

- -

- -

- -

Tota

l 7

,565

,134

5

18,8

34

16,

261

19,

111

16,

563

5,4

38

471

,157

5

,550

,567

1

61,8

29

81,

440

723

,934

In In

dia

7,5

65,1

34

518

,834

1

6,26

1 1

9,11

1 1

6,56

3 5

,438

4

71,1

57

5,5

50,5

67

161

,829

8

1,44

0 7

23,9

34

Outs

ide

Indi

a -

- -

- -

- -

- -

- -

Tota

l 7

,565

,134

5

18,8

34

16,

261

19,

111

16,

563

5,4

38

471

,157

5

,550

,567

1

61,8

29

81,

440

723

,934

Insu

ranc

e Cl

aim

s :

(Am

ount

cede

d in

rein

sura

nce)

:

Amou

nt a

ccep

ted

in re

insu

ranc

e

Bene

fits p

aid

to cl

aim

ants

:

Par

ticul

ars

Prev

ious

Yea

rPa

rtic

ipat

ing

Non

Part

icip

atin

gLi

nked

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

a)Cl

aim

s by D

eath

1,3

33,9

44

85,

118

1,1

61

17,

466

5,0

56

1,5

11

391

,349

8

04,9

55

27,

328

- -

b)Cl

aim

s by M

atur

ity 2

17,0

39

215

,720

-

1,3

16

- 3

-

- -

- -

c)An

nuiti

es/P

ensio

ns p

aym

ent

2,9

54

- -

- -

2,9

54

- -

- -

- d)

UL W

ithdr

awal

s/Su

rren

ders

&

Othe

r Ben

efits

6,9

97,1

73

41,

012

1,6

24

588

5

,633

-

- 6

,463

,154

4

37,9

86

2,7

66

44,

410

a)Cl

aim

s by D

eath

(32,

441)

(19,

514)

(527

) (3

00)

(2,4

63)

- (9

19)

(8,7

18)

- -

- b)

Clai

ms b

y Mat

urity

-

- -

- -

- -

- -

- -

c)An

nuiti

es/P

ensio

ns p

aym

ent

-

- -

- -

- -

- -

- -

d)UL

With

draw

als/

Surr

ende

rs &

Othe

r Ben

efits

(4,6

64)

(3,6

82)

- -

(981

) -

- (1

) -

- -

a)Cl

aim

s by D

eath

- -

- -

- -

- -

- -

- b)

Clai

ms b

y Mat

urity

- -

- -

- -

- -

- -

- c)

Annu

ities

/Pen

sions

pay

men

t -

- -

- -

- -

- -

- -

d)UL

With

draw

als/

Surr

ende

rs &

Othe

r Ben

efits

- -

- -

- -

- -

- -

- To

tal

8,5

14,0

05

318

,654

2

,258

1

9,07

0 7

,245

4

,468

3

90,4

30

7,2

59,3

90

465

,314

2

,766

4

4,41

0

In In

dia

8,5

14,0

05

318

,654

2

,258

1

9,07

0 7

,245

4

,468

3

90,4

30

7,2

59,3

90

465

,314

2

,766

4

4,41

0 Ou

tsid

e In

dia

-

- -

- -

- -

- -

- -

Tota

l 8

,514

,005

3

18,6

54

2,2

58

19,

070

7,2

45

4,4

68

390

,430

7

,259

,390

4

65,3

14

2,7

66

44,

410

Insu

ranc

e Cl

aim

s :

(Am

ount

cede

d in

rein

sura

nce)

:

Amou

nt a

ccep

ted

in re

insu

ranc

e

Bene

fits p

aid

to cl

aim

ants

:


22


Schedule - 5 : Share Capital


Particulars Current Year Previous Year

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

1,507,090 1,507,090Equity Shares of Rs. 10/- Each150,709,000 (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

Authorised Capital

Issued , Subscribed, Called and Paid up Capital

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


Shareholder

Number of % of Number of % ofShares Holding Shares Holding

PROMOTERS:Indian

Bajaj Auto Limited - - 111,358,900 73.89Bajaj Finserv Limited 111,524,660 74 165,760 0.11

ForeignAllianz SE 39,184,340 26 39,184,340 26

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

Current Year Previous Year

Note : Share certificates in respect of 111,358,900 shares allotted to the erstwhile Bajaj Auto Limited were transferred to Bajaj Finserv Limited on 23rd May 2008 under a scheme of arrangement approved by the High Court of the Judicature at Mumbai and by the Insurance Regulatory and Development Authority (IRDA).


23


Schedule - 6 : Reserves and Surplus


Particulars Current Year Current Year Previous Year Previous Year

Capital Reserve - -

Capital Redemption Reserve - -

Share Premium

Opening balance 10,599,550 5,501,600

Add: Share Premium received during the year - 10,599,550 5,097,950 10,599,550

Revaluation Reseve - -

General Reserve - -

Catastrophe Reserve - -

Other Reserve - -

Balance of Profit & Loss Account - -

Total 10,599,550 10,599,550

Schedule - 7 : Borrowings



Debentures/Bonds - -

Banks - -

Financial Institutions - -

Others - -

TOTAL - -


24


Schedule - 8 : Investments - Shareholders'



LONG TERM INVESTMENTS

SHORT TERM INVESTMENTS

INVESTMENTS

Government securities and Government 2,600,831 4,549,343

guaranteed bonds including Treasury Bills

(Refer Note 1 below)

Other Approved Securities

a) Shares

aa) Equity - -

bb) Preference - -

b) Mutual Funds - -

c) Derivative Instruments - -

d) Debentures / Bonds 925,800 1,123,342

e) Other Securities

aa) Fixed Deposit with banks 318,900 -

f) Subsidiaries - -

Investment Properties - Real Estate - -

Investments in Infrastructure and Social Sector Bonds 1,239,767 1,505,834

Other investments 50,000 100,000

Government securities and Government 50,049 283,509

guaranteed bonds including Treasury Bills


a) Shares

aa) Equity - -

bb) Preference - -

b) Mutual Funds - -


d) Debentures / Bonds 1,850,234 2,024,033

e) Other Securities

aa) Fixed Deposit with banks 100,000 1,079,900

f) Subsidiaries - -


Investments in Infrastructure and Social Sector Bonds 559,633 346,395

Other investments

aa) Bonds - 54,397

bb) Mutual Funds - 392,102

Total 7,695,214 11,458,855

In India 7,695,214 11,458,855

Outside India - -

Total 7,695,214 11,458,855

Notes :1. Includes Rs. 157,300 (Previous Year Rs. 103,333 ) 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. 7,695,214 (Previous Year Rs. 11,458,855) is Rs. 7,812,635 (Previous Year Rs.

11,367,648 )3. Historical cost of investment valued on fair value basis is Rs. Nil (Previous Year Rs. 392,000)


25

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Sc

hedu

le -

8A :

Inve

stm

ents

- Po

licyh

olde

rs'

(Am

ount

in R

s. '0

00)

Par

ticul

ars

Curr

ent Y

ear

Part

icip

atin

gNo

n Pa

rtic

ipat

ing

Link

ed

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

LONG

TER

M IN

VEST

MEN

TS

SHOR

T TE

RM IN

VEST

MEN

TS

Gove

rnm

ent s

ecur

ities

and

14,4

23,2

29

9,1

15,6

86

234

,081

1

97,6

34

62,

725

92,

139

368

,055

4

,285

,238

6

1,82

1 1

,739

4

,111

Go

vern

men

t gua

rant

eed

bond

sin

clud

ing

Trea

sury

Bill

sOt

her A

ppro

ved

Secu

ritie

sa)

Shar

esaa

)Eq

uity

47,

601

47,

601

- -

- -

- -

- -

- bb

)Pr

efer

ence

- -

- -

- -

- -

- -

- b)

Mut

ual f

unds

- -

- -

- -

- -

- -

- c)

Deriv

ativ

e In

stru

men

ts -

- -

- -

- -

- -

- -

d)De

bent

ures

/ Bo

nds

2,4

59,8

26

1,2

51,2

72

10,

000

766

-

745

2

68,4

39

850

,061

7

2,34

3 2

00

6,0

00

e)Ot

her S

ecur

ities

aa)

Fixe

d De

posit

s with

Ban

ks 8

02,5

00

- -

- -

- 4

9,90

0 5

54,1

00

190

,000

-

8,5

00

f)Su

bsid

iarie

s -

- -

- -

- -

- -

- -

g)In

vest

men

t Pro

pert

ies -

Re

al E

stat

e -

- -

- -

- -

- -

- -

Inve

stm

ents

in In

frast

ruct

ure

&

Soci

al S

ecto

r Bon

ds 2

,918

,821

1

,667

,852

1

10,4

67

38,

107

82,

403

11,

727

157

,203

8

50,5

62

- 5

00

- Ot

her i

nves

tmen

ts- B

onds

- -

- -

- -

- -

- -

- - E

quity

- -

- -

- -

- -

- -

-

Gove

rnm

ent s

ecur

ities

and

23

4,78

0 1

2,15

1 -

2,4

65

1,4

77

- 7

1,39

7 1

47,2

90

- -

- Go

vern

men

t gua

rant

eed

bond

s in

clud

ing

Trea

sury

Bill

sOt

her A

ppro

ved

Secu

ritie

sa)

Shar

esaa

)Eq

uity

- -

- -

- -

- -

- -

- bb

)Pr

efer

ence

- -

- -

- -

- -

- -

- b)

Mut

ual F

unds

- -

- -

- -

- -

- -

- c)

Deriv

ativ

e In

stru

men

ts -

- -

- -

- -

- -

- -

d)De

bent

ures

/ Bo

nds

1,3

74,5

32

- -

- 2

3,86

4 -

273

,763

1

,076

,905

-

- -

e)Ot

her S

ecur

ities

2

50,0

00

- -

- -

- -

250

,000

-

- -

f)Su

bsid

iarie

s -

- -

- -

- -

- -

- -

g)In

vest

men

t Pro

pert

ies -

Re

al E

stat

e -

- -

- -

- -

- -

- -

Inve

stm

ents

in In

frast

ruct

ure

&So

cial

Sec

tor B

onds

705

,859

1

49,9

41

- -

30,

868

- 5

2,08

9 4

59,4

56

13,

505

- -

Othe

r inv

estm

ents

- -

- -

- -

- -

- -

- TO

TAL

23,

217,

148

12,

244,

503

354

,548

2

38,9

72

201

,337

1

04,6

11

1,2

40,8

46

8,4

73,6

12

337

,669

2

,439

1

8,61

1 In

Indi

a

23,2

17,1

48

12,

244,

503

354

,548

2

38,9

72

201

,337

1

04,6

11

1,2

40,8

46

8,4

73,6

12

337

,669

2

,439

1

8,61

1 Ou

tsid

e In

dia

- -

- -

- -

- -

- -

- To

tal

23,2

17,1

48

12,

244,

503

354

,548

2

38,9

72

201

,337

1

04,6

11

1,2

40,8

46

8,4

73,6

12

337

,669

2

,439

1

8,61

1 No

te:

1.M

arke

t Val

ue o

f the

abo

ve to

tal i

nves

tmen

ts o

f Rs

. 23,

217,

148

(Pre

viou

s yea

r Rs.

14,6

86,9

68) i

s Rs.

24,0

22,3

33 (P

revi

ous y

ear R

s. 14

,500

,505

)2.

Hist

oric

al co

st o

f inv

estm

ent v

alue

d on

fair

valu

e ba

sis is

Rs 4

0,58

7 (P

revi

ous y

ear R

s.629

,918

)


26

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Schedules forming part of financial statements for the year ended 31st March 2009Sc

hedu

le -

8A :

Inve

stm

ents

- Po

licyh

olde

rs'

(Am

ount

in R

s. '0

00)

Par

ticul

ars

Prev

ious

Yea

rPa

rtic

ipat

ing

Non

Part

icip

atin

gLi

nked

Indi

vidu

alIn

divi

dual

Indi

vidu

alIn

divi

dual

Indi

vidu

alGr

oup

Indi

vidu

alIn

divi

dual

Grou

p Su

per-

Grou

pAs

sura

nce

Pens

ion

Assu

ranc

eHe

alth

Annu

ityAs

sura

nce

Assu

ranc

e Pe

nsio

nan

nuat

ion

Grat

uity

LONG

TER

M IN

VEST

MEN

TS

SHOR

T TE

RM IN

VEST

MEN

TS

Gove

rnm

ent s

ecur

ities

and

8,59

1,97

55,

189,

707

201,

241

166,

798

19,5

1154

,120

142,

141

2,74

2,28

170

,066

1,73

14,

379

Gove

rnm

ent g

uara

ntee

d bo

nds

incl

udin

g Tr

easu

ry B

ills

Othe

r App

rove

d Se

curit

ies

a)Sh

ares

aa)

Equi

ty 6

12,8

30

612

,830

-

- -

- -

--

--

bb)

Pref

eren

ce -

- -

- -

- -

- -

- -

b)M

utua

l fun

ds -

- -

- -

- -

- -

- -

c)De

rivat

ive

Inst

rum

ents

-

-

- -

-

- -

-

- -

- d)

Debe

ntur

es /

Bond

s 1

,987

,142

1

,252

,312

1

0,00

077

2-

745

61,4

4065

6,87

35,

000

--

e)Ot

her S

ecur

ities

aa)

Fixe

d De

posit

s with

Ban

ks -

- -

- -

- -

- -

- -

f)Su

bsid

iarie

s-

- -

- -

- -

- -

- -

g)In

vest

men

t Pro

pert

ies -

Re

al E

stat

e 2

44,9

43

244

,943

-

-

- -

--

-

- -

Inve

stm

ents

in In

frast

ruct

ure

&So

cial

Sec

tor B

onds

2,1

33,1

34

1,2

37,5

79

76,

574

38,1

02

45,

000

11,

721

32,

916

691,

242

-

-

- Ot

her i

nves

tmen

ts- B

onds

100

,000

1

00,0

00

--

- -

--

- -

- - E

quity

116

,548

1

16,5

48

--

- -

--

- -

-

Gove

rnm

ent s

ecur

ities

and

539,

523

43,

947

--

- -

49,

651

445,

511

- 3

13

101

Gove

rnm

ent g

uara

ntee

d bo

nds

incl

udin

g Tr

easu

ry B

ills

Othe

r App

rove

d Se

curit

ies

a)Sh

ares

aa)

Equi

ty-

--

--

--

--

--

bb)

Pref

eren

ce-

--

--

--

--

--

b)M

utua

l Fun

ds -

- -

--

--

--

--

c)De

rivat

ive

Inst

rum

ents

-

- -

- -

- -

--

--

d)De

bent

ures

/ Bo

nds

100

,344

5

0,34

4 -

- -

- -

50,0

00

- -

- e)

Othe

r Sec

uriti

es

50,

000

- -

- -

- -

50,0

00

- -

-f)

Subs

idia

ries

- -

--

- -

--

- -

-g)

Inve

stm

ent P

rope

rtie

s -Re

al E

stat

e -

- -

- -

- -

- -

- -

Inve

stm

ents

in In

frast

ruct

ure

&So

cial

Sec

tor B

onds

210

,529

1

26,1

69

--

- -

28,

692

55,0

68

- 2

00

400

Othe

r inv

estm

ents

- -

- -

- -

- -

- -

-TO

TAL

14,

686,

968

8,9

74,3

79

287

,815

20

5,67

2 6

4,51

1 6

6,58

6 3

14,8

40

4,69

0,97

5 7

5,06

6 2

,244

4

,880

In In

dia

14,6

86,9

68

8,9

74,3

79

287

,815

20

5,67

2 6

4,51

1 6

6,58

6 3

14,8

40

4,69

0,97

5 7

5,06

6 2

,244

4

,880

Outs

ide

Indi

a -

- -

- -

- -

- -

- -

Tota

l 1

4,68

6,96

8 8

,974

,379

2

87,8

15

205,

672

64,

511

66,

586

314

,840

4,

690,

975

75,

066

2,2

44

4,8

80 N

otes

: 1.

Mar

ket V

alue

of t

he a

bove

tota

l inv

estm

ents

of

Rs. 1

4,68

6,96

8 (P

revi

ous y

ear R

s. 9,

050,

758)

is R

s. 14

,500

,505

(Pre

viou

s yea

r Rs.

8,75

1,31

2).

2. H

istor

ical

cost

of i

nves

tmen

t val

ued

on fa

ir va

lue

basis

is R

s 629

,918

(Pre

viou

s yea

r Rs.

582,

404)

.


27


Schedule - 8B : Assets held to cover linked liabilities



LONG TERM INVESTMENTS

SHORT TERM INVESTMENTS

INVESTMENTS

Government securities and Government 1,149,907 685,714guaranteed bonds including Treasury Bills


a) Shares

aa) Equity 84,253,598 68,712,146

bb) Preference 308,280 -

b) Mutual Funds - -



e) Other Securities - -

aa) Fixed Deposits with Banks 2,046,000 -

f) Subsidiaries - -


Investments in Housing and Infrastructure Sector 8,574,100 4,254,556

Other investments 15,840,217 12,464,060

Net Current Assets - -

Government securities and Government 337,067 220,783 guaranteed bonds including Treasury Bills


a) Shares

aa) Equity - -

bb) Preference - -

b) Mutual Funds 946,100 -

c) Derivative Instrument - -


e) Other Securities - -

f) Subsidiaries - -


Investments in Housing and Infrastructure Sector 598,173 126,869

Other investments - 1,091,843

Fixed Deposits with Banks 1,949,028 1,699,800

Net Current Assets 5,245,976 6,875,757

Total 140,652,998 109,541,697

In India 140,652,998 109,541,697

Outside India - -

Total 140,652,998 109,541,697

(Refer Schedule 16 Note 24)

Historical Cost of above investments is Rs 159,828,323/- ( Previous Year Rs. 109,527,505/-)


28


Schedule - 9 : Loans



SECURITY-WISE CLASSIFICATION

BORROWER-WISE CLASSIFICATION

PERFORMANCE-WISE CLASSIFICATION

MATURITY-WISE CLASSIFICATION

Secured

a) On mortgage of property

aa) In India - -

bb) Outside India - -

b) On Shares, Bonds, Government Securities etc. - -

c) Loan against policies 76,970 30,937

Total 76,970 30,937

a) Central and State Government - -

b) Bank and Financial Institutions - -

c) Subsidiaries - -

d) Companies - -

e) Loan against policies 76,970 30,937

Total 76,970 30,937

a) Loans classified as standard :

aa) In India 76,970 30,937

bb) Outside India - -

Total 76,970 30,937

a) Short-Term - -

b) Long-Term 76,970 30,937

Total 76,970 30,937


29


Sche

dule

- 10

: Fi

xed

Asse

ts

(Am

ount

in R

s. '0

00)

GROS

S BL

OCK

DEPR

ECIA

TION

NE

T BL

OCK

Part

icul

ars

Open

ing

Addi

tions

Dedu

ctio

nsCl

osin

gUp

to la

stFo

r the

On S

ales

/To

dat

eCu

rren

t Pr

evio

us

year

year

Adju

stm

ents

Year

Year

Inta

ngib

le -C

ompu

ter S

oftw

are

66,

353

- -

66,

353

37,

269

13,

824

- 5

1,09

3 1

5,26

0 2

9,08

4La

nd-F

reeh

old

- -

- -

- -

- -

- -

Leas

ehol

d Pr

oper

ties

322

,122

1

46,1

47

- 4

68,2

69

177

,215

9

2,32

9 -

269

,544

1

98,7

25

144

,907

Build

ings

(Ref

er n

ote

2 be

low

) 1

86,6

02

244

,943

-

431

,545

1

6,25

7 8

,631

-

24,

888

406

,657

1

70,3

45El

ectr

ical

Fitti

ngs

4,7

22

104

-

4,8

26

1,8

52

270

-

2,1

22

2,7

04

2,8

70Fu

rnitu

re &

Fitti

ngs

82,

339

40,

606

34

122

,911

3

6,34

3 7

,361

2

9 4

3,67

5 7

9,23

6 4

5,99

6In

form

atio

n Te

chno

logy

Equ

ipm

ent

764

,177

2

63,5

86

4,7

83

1,0

22,9

80

368

,126

2

92,4

86

2,8

88

657

,724

3

65,2

56

396

,051

Air C

ondi

tione

r 8

7,91

2 3

0,66

1 5

9 1

18,5

14

25,

514

12,

400

59

37,

855

80,

659

62,

398

Vehi

cles

12

,980

2

,312

1

,077

1

4,21

5 3

,186

2

,770

9

67

4,9

89

9,2

26

9,7

94Of

fice

Equi

pmen

t 1

17,0

60

36,

255

527

1

52,7

88

68,

883

22,

567

524

9

0,92

6 6

1,86

2 4

8,17

7To

tal

1,6

44,2

67

764

,614

6

,480

2

,402

,401

7

34,6

45

452

,638

4

,467

1

,182

,816

1

,219

,585

9

09,6

22

Prev

ious

Yea

r 1

,043

,272

6

03,0

61

2,0

66

1,6

44,2

67

510

,127

2

26,4

50

1,9

32

734

,645

9

09,6

22

-

Note

:1.

Refe

r Not

e No

.1 (h

) of S

ched

ule

162.

Addi

tion

of R

s. 24

4,94

3, re

pres

ents

Bui

ldin

g tr

ansf

erre

d fro

m In

vest

men

ts P

olic

yhol

ders

' acc

ount

.


30


Schedule - 11 : Cash and Bank Balances


1. Cash (including cheques, drafts and stamps) (*) 442,494 744,183

2. Bank Balances

a) Deposit Accounts

aa) Short-term (due within 12 months of the date of Balance Sheet ) 200 200

bb) Others - -

b) Current Accounts 3,110,269 2,986,511

c) Others - -

3. Money at Call and Short Notice

a) With Banks - -

b) With Other Institutions - -

4 . Others - -

Total 3,552,963 3,730,894

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

Cash and Bank Balances

1. In India 3,552,963 3,730,894

2. Outside India - -

Total 3,552,963 3,730,894

(*) includes credit card collections



31


Schedule - 12 : Advances and Other Assets



ADVANCES

OTHER ASSETS

Reserve deposits with ceding companies - -

Application money for investments - -

Prepayments 132,292 129,358

Advances to Directors/Officers - -

Advance Tax paid and taxes deducted at source 6,774 1,066

Others :

Travel Advances 500 1,768

Employee Advances 2,977 4,108

Advances to Suppliers 308,105 129,756

Miscellaneous Advances - -

Total (A) 450,648 266,056

Income accrued on investments 697,418 550,108

Outstanding Premiums 268,465 233,726

Agents' Balances - -

Foreign Agencies Balance - -

Due from other entities carrying on insurance business 21,567 3,779

(Including amount due from Reinsurers)

Due from subsidiaries/holding company - -

Deposit with Reserve Bank of India - -

[pursuant to section 7 of Insurance Act,1938]

Deposits 207,009 169,540

Others :

Unsettled Investment contract receivable - -

Others 183,316 144,697

Total (B) 1,377,775 1,101,850

Total (A + B) 1,828,423 1,367,906


32


Schedule - 13 : Current Liabilities



Agents' Balances 2,707,151 1,774,831

Balances due to other insurance companies 70,312 18,869

Deposits held on reinsurance ceded - -

Premium received in advance 211,051 170,855

Premium & Other Deposits 903,774 1,739,853

Sundry Creditors (*) 3,110,997 5,910,554

Due to Subsidiaries/holding company - 1,211

Claims Outstanding 253,700 218,655

Annuities Due - -

Due to Officers/Directors of the Company - -

Others :

Payable - unsettled investment contracts - -

Temporary Overdraft as per the books of accounts 795,371 409,891

TOTAL 8,052,356 10,244,719

(*) The Company is in the process of compiling the requisite list of micro and small enterprises under the MSMED Act which has come into force recently and in the absence of information in this regard, the particulars required by the aforesaid Act have not been given.


Particulars Current Year Current Year Previous Year Previous Year

For Taxation (Less Payments and Taxes deducted at Sources)Wealth Tax 85 80 Income Tax 71,283 - Fringe Benefit Tax 5,200 76,568 4,310 4,390

For Proposed dividends - - For dividend distribution tax - - Others:

For Leave Encashment 263,775 214,100 For Long Term Incentive Plan 38,710 56,974 For Gratuity 54,456 356,941 - 271,074

Total 433,509 275,464

Schedule - 14 : Provisions

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


Discount allowed on issue of shares/debentures - -

Others - -

Total - -



33


PREMIUMS EARNED – NET


OTHER INCOME:


BENEFITS PAID (NET)

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

APPROPRIATIONS

(a) Premium 17,911,923 77,005,250 94,917,173 457,015 3,077,234 3,534,249 6,278 1,406,332 1,412,610 99,864,032(b) Reinsurance ceded (Refer Schedule 16 Note 16) (122,465) - (122,465) (112) - (112) - - - (122,577)

SUB-TOTAL 17,789,458 77,005,250 94,794,708 456,903 3,077,234 3,534,137 6,278 1,406,332 1,412,610 99,741,455

(a) Interest, dividend & rent - gross 617,168 2,296,436 2,913,604 15,492 106,584 122,076 1,404 142,085 143,489 3,179,169(b) Profit on sale/redemption of investments 27,748 4,129,721 4,157,469 173 221,631 221,804 96 95,592 95,688 4,474,961(c) Loss on sale/redemption of investments (167) (20,385,985) (20,386,152) - (1,062,260) (1,062,260) (3) (224,996) (224,999) (21,673,411)(d) Unrealised gain/(loss) - (18,420,903) (18,420,903) - (820,989) (820,989) - 52,375 52,375 (19,189,517)(e) Other investment income - 991,625 991,625 - 43,591 43,591 - 24,711 24,711 1,059,927

644,749 (31,389,106) (30,744,357) 15,665 (1,511,443) (1,495,778) 1,497 89,767 91,264 (32,148,871)

(a) Linked income UL1 10,506,735 (10,506,735) - 167,560 (167,560) - 22,351 (22,351) - -(b) Contribution from Shareholders' account 1,290,084 - 1,290,084 348,191 - 348,191 806 - 806 1,639,081

(Refer Schedule 16 Note 15)(c) Others 83,418 - 83,418 2,729 - 2,729 105 - 105 86,252

Total (A) 30,314,444 35,109,409 65,423,853 991,048 1,398,231 2,389,279 31,037 1,473,748 1,504,785 69,317,917

9,495,789 - 9,495,789 224,140 - 224,140 - - - 9,719,92915,768,462 1,504,229 17,272,691 644,605 12,495 657,100 23,039 1,046 24,085 17,953,876

Provision for Fringe Benefit Tax 79,386 - 79,386 3,183 - 3,183 115 - 115 82,684Provision for Income Tax 41,444 - 41,444 - - - - - - 41,444

TOTAL (B) 25,385,081 1,504,229 26,889,310 871,928 12,495 884,423 23,154 1,046 24,200 27,797,933

UL2 1,165,453 4,385,114 5,550,567 - 161,829 161,829 - 805,374 805,374 6,517,770Interim Bonus Paid - - - - - - - - - -Change In Valuation of Liability In Respect Of Life Policies 2,773,075 - 2,773,075 119,120 - 119,120 7,242 - 7,242 2,899,437(Refer Schedule 16 Note 1(e) and note 8)Change In Valuation Liability - 29,220,066 29,220,066 - 1,223,907 1,223,907 - 667,328 667,328 31,111,301(Refer Schedule 16 Note 1(e) and note 8)

TOTAL (C) 3,938,528 33,605,180 37,543,708 119,120 1,385,736 1,504,856 7,242 1,472,702 1,479,944 40,528,508

990,835 - 990,835 - - - 641 - 641 991,476

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

Reserve for lapsed unit linked policies unlikely to be revived (E) 990,835 - 990,835 - - - - - - 990,835(Refer Schedule 16 Note 1(e) and note 8)Transfer To Shareholders' a/c - - - - - - - - - -

Balance being funds for future appropriations (D) - (E) - - - - - - 641 - 641 641

Particulars Schedule Linked Life Linked Pension Linked Group Current Year Non-Unit Unit Total Non-Unit Unit Total Non-Unit Unit Total

(1) (2) (3)=(1) + (2) (4) (5) (6)=(4) + (5) (7) (8) (9)= (7) + (8) (10)=(3)+ (6)+(9)


stRevenue Account for the year ended 31 March 2009Policyholders' Account (Technical Account)

Annexure to Revenue Account-Break Up of Unit Linked Business (UL) for the year ended 31st March 2009

34





OTHER INCOME:


BENEFITS PAID (NET)


APPROPRIATIONS


SUB-TOTAL 17,789,458 77,005,250 94,794,708 456,903 3,077,234 3,534,137 6,278 1,406,332 1,412,610 99,741,455

(a) Interest, dividend & rent - gross 617,168 2,296,436 2,913,604 15,492 106,584 122,076 1,404 142,085 143,489 3,179,169(b) Profit on sale/redemption of investments 27,748 4,129,721 4,157,469 173 221,631 221,804 96 95,592 95,688 4,474,961(c) Loss on sale/redemption of investments (167) (20,385,985) (20,386,152) - (1,062,260) (1,062,260) (3) (224,996) (224,999) (21,673,411)(d) Unrealised gain/(loss) - (18,420,903) (18,420,903) - (820,989) (820,989) - 52,375 52,375 (19,189,517)(e) Other investment income - 991,625 991,625 - 43,591 43,591 - 24,711 24,711 1,059,927

644,749 (31,389,106) (30,744,357) 15,665 (1,511,443) (1,495,778) 1,497 89,767 91,264 (32,148,871)

(a) Linked income UL1 10,506,735 (10,506,735) - 167,560 (167,560) - 22,351 (22,351) - -(b) Contribution from Shareholders' account 1,290,084 - 1,290,084 348,191 - 348,191 806 - 806 1,639,081


Total (A) 30,314,444 35,109,409 65,423,853 991,048 1,398,231 2,389,279 31,037 1,473,748 1,504,785 69,317,917

9,495,789 - 9,495,789 224,140 - 224,140 - - - 9,719,92915,768,462 1,504,229 17,272,691 644,605 12,495 657,100 23,039 1,046 24,085 17,953,876

Provision for Fringe Benefit Tax 79,386 - 79,386 3,183 - 3,183 115 - 115 82,684Provision for Income Tax 41,444 - 41,444 - - - - - - 41,444

TOTAL (B) 25,385,081 1,504,229 26,889,310 871,928 12,495 884,423 23,154 1,046 24,200 27,797,933

UL2 1,165,453 4,385,114 5,550,567 - 161,829 161,829 - 805,374 805,374 6,517,770Interim Bonus Paid - - - - - - - - - -Change In Valuation of Liability In Respect Of Life Policies 2,773,075 - 2,773,075 119,120 - 119,120 7,242 - 7,242 2,899,437(Refer Schedule 16 Note 1(e) and note 8)Change In Valuation Liability - 29,220,066 29,220,066 - 1,223,907 1,223,907 - 667,328 667,328 31,111,301(Refer Schedule 16 Note 1(e) and note 8)

TOTAL (C) 3,938,528 33,605,180 37,543,708 119,120 1,385,736 1,504,856 7,242 1,472,702 1,479,944 40,528,508

990,835 - 990,835 - - - 641 - 641 991,476

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

Reserve for lapsed unit linked policies unlikely to be revived (E) 990,835 - 990,835 - - - - - - 990,835(Refer Schedule 16 Note 1(e) and note 8)Transfer To Shareholders' a/c - - - - - - - - - -

Balance being funds for future appropriations (D) - (E) - - - - - - 641 - 641 641

Particulars Schedule Linked Life Linked Pension Linked Group Current Year Non-Unit Unit Total Non-Unit Unit Total Non-Unit Unit Total

(1) (2) (3)=(1) + (2) (4) (5) (6)=(4) + (5) (7) (8) (9)= (7) + (8) (10)=(3)+ (6)+(9)


35


Particulars Schedule Linked Life Linked Pension Linked Group Previous Year Non-Unit Unit Total Non-Unit Unit Total Non-Unit Unit Total

(1) (2) (3)=(1) + (2) (4) (5) (6)=(4) + (5) (7) (8) (9)= (7) + (8) (10)=(3)+ (6)+(9)



OTHER INCOME:


BENEFITS PAID (NET)


APPROPRIATIONS


SUB-TOTAL 28,307,767 59,847,039 88,154,806 365,712 2,897,104 3,262,816 5,406 1,608,916 1,614,322 93,031,944

(a) Interest, dividend & rent - gross 286,715 987,022 1,273,737 3,920 43,929 47,849 300 40,769 41,069 1,362,655(b) Profit on sale/redemption of investments 4,526 8,260,919 8,265,445 21 533,211 533,232 - 65,126 65,126 8,863,803(c) Loss on sale/redemption of investments (5,308) (1,435,912) (1,441,220) - (79,330) (79,330) (9) (7,433) (7,442) (1,527,992)(d) Unrealised gain/(loss) - (2,661,741) (2,661,741) - (309,353) (309,353) - (37,347) (37,347) (3,008,441)(e) Other investment income - 569,556 569,556 - 27,662 27,662 - 6,277 6,277 603,495

285,933 5,719,844 6,005,777 3,941 216,119 220,060 291 67,392 67,683 6,293,520

(a) Linked income UL1 5,350,476 (5,350,476) - 82,377 (82,377) - 7,848 (7,848) - -(b) Contribution from Shareholders' account 2,539,007 - 2,539,007 365,506 - 365,506 36,057 - 36,057 2,940,570


Total (A) 36,565,033 60,216,407 96,781,440 820,159 3,030,846 3,851,005 49,801 1,668,460 1,718,261 102,350,706

14,464,765 - 14,464,765 163,063 - 163,063 - - - 14,627,82818,684,689 - 18,684,689 598,873 - 598,873 45,361 - 45,361 19,328,923

Provision For Taxation 87,025 - 87,025 2,789 - 2,789 212 - 212 90,026

TOTAL (B) 33,236,479 - 33,236,479 764,725 - 764,725 45,573 - 45,573 34,046,777

UL2 529,409 6,729,981 7,259,390 - 465,314 465,314 54 47,122 47,176 7,771,880Interim Bonuses Paid - - - - - - - - -Change In Valuation of Liability In Respect Of Life Policies 1,137,626 - 1,137,626 53,873 - 53,873 4,100 - 4,100 1,195,599(Refer Schedule 16 Note 1 (e) and Note 8 )Change In Valuation Liability (Refer Schedule 16 Note 1 (e) and Note 8 ) - 53,486,426 53,486,426 - 2,565,532 2,565,532 - 1,621,338 1,621,338 57,673,296

TOTAL (C) 1,667,035 60,216,407 61,883,442 53,873 3,030,846 3,084,719 4,154 1,668,460 1,672,614 66,640,775

1,661,519 - 1,661,519 1,561 - 1,561 74 - 74 1,663,154

Balance of previous year - - - - - - - - - - Transitional Adjustments on revision to Valuation of employees benefit (59,899) - (59,899) (1,561) - (1,561) (74) - (74) (61,534)(Refer Schedule 16 Note 1)

Reserve for lapsed unit linked policies unlikely to be revived (1,601,620) - (1,601,620) - - - - - - (1,601,620)(Refer Schedule 16 Note 1(e) and note 8)Transfer To Shareholders' a/c - - - - - - - - - -

Balance being funds for future appropriations - - - - - - - - - -


stRevenue Account for the year ended 31 March 2009Policyholders' Account (Technical Account)


36



Particulars Schedule Linked Life Linked Pension Linked Group Previous Year Non-Unit Unit Total Non-Unit Unit Total Non-Unit Unit Total

(1) (2) (3)=(1) + (2) (4) (5) (6)=(4) + (5) (7) (8) (9)= (7) + (8) (10)=(3)+ (6)+(9)



OTHER INCOME:


BENEFITS PAID (NET)


APPROPRIATIONS


SUB-TOTAL 28,307,767 59,847,039 88,154,806 365,712 2,897,104 3,262,816 5,406 1,608,916 1,614,322 93,031,944

(a) Interest, dividend & rent - gross 286,715 987,022 1,273,737 3,920 43,929 47,849 300 40,769 41,069 1,362,655(b) Profit on sale/redemption of investments 4,526 8,260,919 8,265,445 21 533,211 533,232 - 65,126 65,126 8,863,803(c) Loss on sale/redemption of investments (5,308) (1,435,912) (1,441,220) - (79,330) (79,330) (9) (7,433) (7,442) (1,527,992)(d) Unrealised gain/(loss) - (2,661,741) (2,661,741) - (309,353) (309,353) - (37,347) (37,347) (3,008,441)(e) Other investment income - 569,556 569,556 - 27,662 27,662 - 6,277 6,277 603,495

285,933 5,719,844 6,005,777 3,941 216,119 220,060 291 67,392 67,683 6,293,520

(a) Linked income UL1 5,350,476 (5,350,476) - 82,377 (82,377) - 7,848 (7,848) - -(b) Contribution from Shareholders' account 2,539,007 - 2,539,007 365,506 - 365,506 36,057 - 36,057 2,940,570


Total (A) 36,565,033 60,216,407 96,781,440 820,159 3,030,846 3,851,005 49,801 1,668,460 1,718,261 102,350,706

14,464,765 - 14,464,765 163,063 - 163,063 - - - 14,627,82818,684,689 - 18,684,689 598,873 - 598,873 45,361 - 45,361 19,328,923

Provision For Taxation 87,025 - 87,025 2,789 - 2,789 212 - 212 90,026

TOTAL (B) 33,236,479 - 33,236,479 764,725 - 764,725 45,573 - 45,573 34,046,777

UL2 529,409 6,729,981 7,259,390 - 465,314 465,314 54 47,122 47,176 7,771,880Interim Bonuses Paid - - - - - - - - - -Change In Valuation of Liability In Respect Of Life Policies 1,137,626 - 1,137,626 53,873 - 53,873 4,100 - 4,100 1,195,599(Refer Schedule 16 Note 1 (e) and Note 8 )Change In Valuation Liability (Refer Schedule 16 Note 1 (e) and Note 8 ) - 53,486,426 53,486,426 - 2,565,532 2,565,532 - 1,621,338 1,621,338 57,673,296

TOTAL (C) 1,667,035 60,216,407 61,883,442 53,873 3,030,846 3,084,719 4,154 1,668,460 1,672,614 66,640,775

1,661,519 - 1,661,519 1,561 - 1,561 74 - 74 1,663,154

Balance of previous year - - - - - - - - - - Transitional Adjustments on revision to Valuation of employees benefit (59,899) - (59,899) (1,561) - (1,561) (74) - (74) (61,534)(Refer Schedule 16 Note 1)

Reserve for lapsed unit linked policies unlikely to be revived (1,601,620) - (1,601,620) - - - - - - (1,601,620)(Refer Schedule 16 Note 1(e) and note 8)Transfer To Shareholders' a/c - - - - - - - - - -

Balance being funds for future appropriations - - - - - - - - - -


37



Fund Administration charges 190,419 - - 190,419 Fund Management charges 1,531,339 68,913 22,351 1,622,603 Policy Administration charges 4,898,781 86,174 - 4,984,955 Surrender charges - - - - Switching charges 2,787 432 - 3,219 Mortality charges 3,387,828 11,111 - 3,398,939 Rider Premium charges 495,581 930 - 496,511 Partial withdrawal charges - - - - Miscellaneous charges - - - -

TOTAL (UL-1) 10,506,735 167,560 22,351 10,696,646

Particulars Life Linked Pension Linked Linked Group CurrentUnit Unit Unit Year

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


Fund Administration charges 214,789 - - 214,789

Fund Management charges 1,080,521 48,528 7,848 1,136,897

Policy Administration charges 2,094,442 29,255 - 2,123,697

Surrender charges - - - -

Switching charges 8,063 597 - 8,660

Mortality charges 1,632,240 3,401 - 1,635,641

Rider Premium charges 320,421 596 - 321,017

Partial withdrawal charges - - - -

Miscellaneous charges - - - -

TOTAL (UL-1) 5,350,476 82,377 7,848 5,440,701

Particulars Life Linked Pension Linked Linked Group PreviousUnit Unit Unit Year

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

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



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


38


(Am

ount

in R

s. '0

00)

Link

ed Li

feLi

nked

Pen

sion

Link

ed G

roup

Curr

ent Y

ear

Sl. N

o.Pa

rtic

ular

sNo

n-Un

itUn

itTo

tal

Non-

Unit

Unit

Tota

lNo

n Un

itUn

itTo

tal

(1)

(2)

(3)=

(1)+

(2)

(4

)(5

)(6

)=(4

)+(5

)(7

)(8

)(9

)=(7

)+(8

)(1

0)=(

3)+(

6)+(

9)

1In

sura

nce

Clai

ms

(a)

Clai

ms b

y Dea

th1,

216,

238

430,

200

1,64

6,43

8-

21,4

5721

,457

--

-1,

667,

895

(b)

Clai

ms b

y Mat

urity

--

--

--

--

--

(c)

Annu

ities

/ Pe

nsio

n pa

ymen

t-

--

--

--

--

-(d

)Ot

her b

enef

its- S

urre

nder

-3,

954,

914

3,95

4,91

4-

140,

372

140,

372

-80

5,37

480

5,37

44,

900,

660

- Sur

viva

l-

--

--

--

--

-Su

b To

tal (

A)1,

216,

238

4,38

5,11

45,

601,

352

-16

1,82

916

1,82

9-

805,

374

805,

374

6,5

68,5

552

Amou

nt C

eded

in re

insu

ranc

e(a

)Cl

aim

s by D

eath

(50,

785)

-(5

0,78

5)-

--

--

-(5

0,78

5)(b

)Cl

aim

s by M

atur

ity-

--

--

--

--

-(c

)An

nuiti

es /

Pens

ion

paym

ent

--

--

--

--

--

(d)

Othe

r ben

efits

- Sur

rend

er-

--

--

--

--

-- S

urvi

val

--

--

--

--

--

Sub

Tota

l (B)

(50,

785)

-(5

0,78

5)-

--

--

-

(50,

785)

TOTA

L (A)

- (B

)1,

165,

453

4,38

5,11

45,

550,

567

-16

1,82

916

1,82

9-

805,

374

805

,374

6,51

7,77

0Be

nefit

s pai

d to

clai

man

ts:

In In

dia

1,16

5,45

34,

385,

114

5,55

0,56

7-

161,

829

161,

829

-80

5,37

480

5,37

46,

517,

770

Outs

ide

Indi

a-

--

--

--

--

-TO

TAL (

UL2)

1,16

5,45

34,

385,

114

5,55

0,56

7-

161,

829

161,

829

-80

5,37

480

5,37

46,

517,

770

(Am

ount

in R

s. '0

00)

Link

ed Li

feLi

nked

Pen

sion

Link

ed G

roup

Prev

ious

Yea

rSl

. No.

Part

icul

ars

Non-

Unit

Unit

Tota

lNo

n-Un

itUn

itTo

tal

Non

Unit

Unit

Tota

l (1

)(2

)(3

)=(1

)+(2

)

(4)

(5)

(6)=

(4)+

(5)

(7)

(8)

(9)=

(7)+

(8)

(10)

=(3)

+(6)

+(9)

1In

sura

nce

Clai

ms

(a)

Clai

ms b

y Dea

th53

8,12

8 26

6,82

780

4,95

5-

27,3

2827

,328

--

-83

2,28

3(b

)Cl

aim

s by M

atur

ity-

--

--

--

--

-(c

)An

nuiti

es /

Pens

ion

paym

ent

--

--

--

--

--

(d)

Othe

r ben

efits

- Sur

rend

er-

6,46

3,15

46,

463,

154

-43

7,98

643

7,98

654

47,1

2247

,176

6,94

8,31

6- S

urvi

val

--

--

--

--

--

Sub

Tota

l (A)

538,

128

6,72

9,98

17,

268,

109

-46

5,31

446

5,31

454

47,1

2247

,176

7,

780,

599

2Am

ount

Ced

ed in

rein

sura

nce

(a)

Clai

ms b

y Dea

th(8

,718

)-

(8,7

18)

--

--

--

(8,7

18)

(b)

Clai

ms b

y Mat

urity

--

--

--

--

--

(c)

Annu

ities

/ Pe

nsio

n pa

ymen

t-

--

--

--

--

-(d

)Ot

her b

enef

its- S

urre

nder

(1)

-(1

)-

--

--

-(1

)- S

urvi

val

--

--

--

--

--

Sub

Tota

l (B)

(8,7

19)

-(8

,719

)-

--

- -

-

(8,7

19)

TOTA

L (A)

- (B

)52

9,40

96,

729,

981

7,25

9,39

0 -

465,

314

465,

314

5447

,122

47,1

767,

771,

880

Bene

fits p

aid

to cl

aim

ants

:In

Indi

a52

9,40

96,

729,

981

7,25

9,39

0-

465,

314

465

,314

5447

,122

4

7,17

67,

771,

880

Outs

ide

Indi

a -

--

--

--

--

- T

OTAL

(UL

2)52

9,40

9 6

,729

,981

7,25

9,39

0-

465,

314

465,

314

5447

,122

47,1

767,

771,

880

Sche

dule

- UL

2 :

Bene

fits P

aid

(net

) A

nn

exu

re t

o R

even

ue

Acc

ou

nt-

Bre

ak U

p o

f Un

it L

inke

d B

usi

nes

s (U

L) fo

r th

e ye

ar e

nd

ed 3

1st

Mar

ch 2

00

9Annual Report 2008-2009

39


Schedules forming part of financial statements for the year ended 31st March 2009 (continued)

Schedule - 16 : Notes to financial statements

Background

1. Significant Accounting Policies followed by the Company

Basis of Preparation

Use of Estimates

a) Revenue Recognition

Premium Income

Bajaj Allianz Life Insurance Company Limited (“the thCompany”) was incorporated on 12 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

rdof life insurance on 3 August 2001. The registration certificate granted by IRDA is valid and the same has been renewed for the year 2009- 2010. The Company has a wide range of products in traditional and unit-linked insurance business.

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') issued by the Institute of Chartered Accountants of India ('ICAI'), 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 Companies Act, 1956 to the extent applicable and the practices prevailing in the insurance industry in India. The accounting policies have been consistently applied by the Company.

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.

Revenues are recognised as under. However recognition is postponed where ultimate collectibility lacks reasonable certainty.

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.

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 fixed income securities, pertaining to non-linked investments is amortized on constant yield to maturity basis 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 first in first out 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 in the books of the Company as on 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 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, Fund Administration Charges and Cost of Insurance are accounted for on accrual basis in accordance with terms and conditions described in the issued policies.

Rent income earned from real estate is recognized on an accrual basis.

Reinsurance premium ceded is accounted in accordance with the treaty with reinsurers.

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.

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.

Acquisition costs such as commission, policy issue expenses etc. are costs that vary with and are primarily relatable to the

Income earned on investments

b) Reinsurance premium

c) Benefits Paid (Including Claims)

d) Acquisition Costs


40


acquisition of new and renewal insurance contracts. Such costs are expensed in the year in which they are incurred. Accounting for additional first year commission is done on an accrual basis, after considering estimated lapsations. Claw back in future, if any, for the first year commission paid, will be accounted for in the year in which it is recovered.

(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 Actuarial Society of India.

(ii) 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

thdated 29 March 2006.

(iii) Linked liabilities comprise of unit liability representing the fund value of policies and non-unit liability for meeting insurance claims etc. This is based on an actuarial valuation carried out by the Appointed Actuary.

Actuarial policies and assumptions are given in Note 8 below.

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 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 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 on constant yield to maturity basis over the period held to maturity / sale.

Listed equity shares and mutual fund units are stated at fair value, in accordance with IRDA Investment (Amendment) Regulations 2001. Fair value for listed

e) Liability for life policies

f) Investments

equity shares is the lower of the last quoted closing price on the National Stock Exchange (NSE) and The Stock Exchange, Mumbai (BSE). Fair value for mutual fund units is the net asset value on the Balance Sheet date. 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.

Investment in real estate properties is valued at cost, subject to revaluation once in three years.

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.

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 at constant yield to maturity.

Mutual fund units have been valued at the last available Net Asset Value declared by the respective mutual fund.

iv) 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. All other transfer of investments between unit linked funds is done at market price.

Loans are stated at historical cost, subject to provision for impairment, if any.

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.

g) Loans

h) Fixed Assets and Depreciation


41



Depreciation / amortisation is provided at the following rates:

Asset Class Rate of Depreciation / Depreciationamortisation as per Sch.

XIV (SLM)Intangibles - Computer Software 33.33% p.a. 16.21% p.a.Leasehold Improvements Over the Over the

balance balanceperiod of Lease 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.

Rate of

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.

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.

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.

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.

The Company makes a contribution to the Bajaj Auto Employee Superannuation Scheme, a defined contribution scheme, for its eligible employees at fixed rates.

Impairment of Assets

i) Accounting for leases

Operating leases

j) Employee Benefits:

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'.

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.

Income Tax expense comprises current tax (i.e. amount of tax for the period determined in accordance with the income-tax law including Fringe Benefit Tax) 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, all 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.

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.

Service Tax liability on premium and charges are 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

k) Transactions in Foreign Currency

l) Taxation

m) Provisions and Contingent liabilities

n) Service Tax



42


only on virtual certainty that the credits will be utilized in future periods.

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.

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.

Statutory disclosures as required by the Regulations

o) Earnings per share

p) Segment Reporting

2. Contingent Liabilities

(Rupees '000)

Particulars As at 31stMarch 2009 March 2008

Partly-paid up investments Nil NilUnderwriting commitments outstanding Nil NilClaims, other than those under policies, not acknowledged as debts 1,606 1,070Guarantees given by oron behalf of the company Nil NilStatutory demands/liabilities in dispute, not provided for * 7,064 7,064Reinsurance obligations tothe extent not provided for in accounts Nil NilClaims, under policies,not acknowledged as debts 61,143 70,728

As at 31st

* 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.

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

3.

Section 7 of the Insurance Act, 1938 as discussed under Note 6. There are no assets subject to restructuring.

There are no commitments made and outstanding for loans and investments. The commitments made and outstanding for fixed assets amount to Rs.314,895 thousand (Previous Year Rs. 342,754 thousand) (net of advances).

Value of unsettled contracts relating to investments as at 31st March 2009 for:

(Rupees '000)

4.

5.

Linked Business Business

st31 March2009 2008 2009 2008

Purchases where deliveries are pending 2,745,424 1,120,876 NIL NILSales where receipts are overdue 919,539 163,959 NIL NIL

Non-linked

st st st31 March 31 March 31 March

6. Investments as required to be maintained under Section 7 of the Insurance Act, 1938 are as follows:

(Rupees '000)st31 March

2009 20087.55% Govt. of India - 50,724Securities 2010(Face Value Rs. 50,000)11.99% Govt. of India - 52,609Securities 2009(Face Value Rs. 50,000)8.32% Govt. of India 157,300 -Securities 2032*(Face Value Rs. 150,000)

st31 March

* This investment is in the custody of Deutsche Bank India Branches in the Constituent Subsidiary General Ledger ('CSGL') account.

All investments are performing investments.

The details of the managerial remuneration included in employee remuneration and welfare benefits are as follows:

(Rupees '000)

7. Managerial remuneration

st st31 March 31 March2009 2008

Salary 14,835 8,696Perquisites 793 618

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 and leave encashment are determined actuarially on an overall Company basis annually and accordingly have not been considered in above information


43

Particulars

Particulars

Particulars



*Mr. Sam Ghosh (till 30th September 2007) and Mr. Kamesh stGoyal (w.e.f. 1 October 2007)

Liabilities for life insurance policies are determined by the Appointed Actuary in accordance with IRDA regulations and relevant guidance notes of Institute of Actuaries of India.

Non-linked business is reserved using a prospective gross premium method of valuation. The non-linked business is predominantly participating and reserves are established having regard to assumptions as to future experience, including the interest that will be earned on premiums not yet received, together with associated bonus rates. Regular premium participating business is reserved using an interest rate of 7.20% per annum and the corresponding rate of interest used for last year valuation is 7.50%.

Single premium participating business is reserved using a rate of 6.25% per annum which is same as used in valuation as at 31st March 2008. The rate is determined after having regard to the yield being obtained on relevant matching assets.

Assumptions as to future bonus rates are set to be consistent with the interest rate assumptions. Provision has been made for a bonus distribution in respect of business inforce at the valuation date on a basis considered appropriate by the appointed actuary having taken into account the reasonable expectations of policyholders.

Linked business is reserved using the per unit net asset value of units plus a non unit reserve to allow for costs 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(94-96).

The reserve is sufficient to allow for any adverse lapse experience. The reserve has been always sufficient to meet minimum statutory 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 business plan assumptions and product filing with the IRDA. An additional reserve has been included to allow for 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.

There is a small amount of Group Term Business at the valuation date, reserves for which have been calculated having regard to the unearned gross premium and expenses already incurred.

8. Actuarial Valuation

Provision has been made for the possible revival of 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”.

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.

The Appointed Actuary confirms, as is required by the IRDA, that the reserve is sufficient to provide for adverse “free look” experience based on assumptions and experience.

Claims settled and remaining unpaid for a period of more than six months at year-end amount to Rs. Nil (Previous Year: Rs Nil.)

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:

• New Business Regular Premium;

• New Business Single Premium; and

• Renewal Premium

Expenses directly attributable to shareholders are charged to the Shareholders' Account.

i. Defined Contribution Plans

The Company has recognized following amounts in the Revenue Account for the year –

(Rs.'000)

9. Claims

10. Allocation of expenses

11.

12. Accounting Standard AS15 (Revised) Employee Benefits

Sr. Particulars 31 March 31 MarchNo. 2009 20081. Contribution to Employees

Provident Fund 205,199 184,2082. Contribution to

Superannuation Fund 2,201 1,9363. Contribution to Labour

Welfare Fund, EDLI 3,772 3,3764. Contribution to ESIC 25,362 18,918

ii. Defined Benefit Plans / Compensated absences – as per Actuarial Valuation on March 31, 2009

a) Reconciliation of opening and closing balances of the present value of the Defined Benefit Obligation (DBO):



44


(Rs.'000)

Particulars - Gratuity 31 March 2009 31 March 2008

Present value of Defined 88,594 64,026Benefit Obligation at the beginning of the yearInterest cost 11,222 7,701Current service cost 60,006 39,200Actuarial Losses / ( Gains) (3,717) 14,045Benefits paid (47,227) (36,378)Present value of Defined 108,877 88,594Benefit Obligation at the close of the year

b) A reconciliation of the opening and closing balances of the fair value of plan assets:

(Rs.'000)


Fair value of Plan Assets at the beginning of the yearAdd :Expected return on Plan Assets 5,701 1,859Add / (Less) : Actuarial (700) 3,633Gains / (Losses)Add : Contributions 8,054 82,066Less: Benefits Paid (47,227) (36,377)Fair value of Plan Assets at 54,421 88,594the close of the yearActual Return on Plan Assets 5,001 5,492

88,594 37,413

c) Net (Assets) /Liabilities recognized in the Balance Sheet as on March 31, 2009:

(Rs.'000)


Present value of Defined Benefit obligationLess: Fair value of Plan Assets (54,421) 88,594Present value of unfunded Nil Nilobligation Net Liability / ( Asset) 54,456 Nilrecognized in the Balance sheet

108,877 88,594

d) Total expenses recognized in the Revenue Account:(Rs.'000)

Particulars - Gratuity 31 March 2009 31 March 2008Current Service CostInterest Cost 11,222 7,701Expected return on (5,701) (1,859)Plan AssetsActuarial Losses / ( Gains) (3,017) 10,412Past service costs Nil NilEffect of curtailment / Nil NilsettlementAdjustments for earlier years Nil NilRecognized in the 62,509 55,454Revenue Account

60,006 39,200

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)


Insurer Managed Funds 54,421 88,594

f) Actuarial Assumptions:(Rs.'000)


Discount Rate 7.11% 8.25%Expected rate of return on 7.50% 7.50%Plan AssetsSalary Escalation rate -- 6% 6%Management Staff

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.

i) Para 132 of AS 15 does not require any specific disclosures except where expense resulting from Compensated Absence is of such size, nature or incidence that its disclosure is relevant under Accounting Standard 5 or Accounting Standard 18. In the opinion of management the expense resulting from Compensated Absence is not significant and hence no disclosures are prepared under various paragraphs of AS15.

13. Percentage of business sector-wise

ParticularsNumber

of Policies of policies of Policies of policiesRural 808,387 31.21% 961,196 25.67%Urban 1,781,556 68.79% 2,783,150 74.33%

Current Year Previous YearPercentage Number Percentage

Current Year Previous YearNo. of No of No. of No of Lives Policies Lives Policies

Social 6,145,044 20 1,608,948 21

14. Percentage of risk retained and risks reinsured

Particulars Current Year Previous YearSum at Percentage Sum at Percentage

risk riskRisk retained 2,217,005,893 93.64% 1,107,972,936 91.03%Risk reinsured 150,656,502 6.36% 109,237,887 8.97%

(Rs.'000)


45



Particulars

Profit/(Loss) after tax (Rs.'000) (706,812) (2,138,905)Basic earnings before extra- (706,812) (2,138,905)ordinary items [A] (Rs.'000)Basic earnings after extra- (706,812) (2,138,905)ordinary items [B] (Rs. '000)Weighted average no. of 150,709,000 150,401,109equity shares (par value of Rs 10 each) [C]Basic earnings per equity (4.69) (14.22)share [A/C] (Rs)Basic earnings per equity share (4.69) (14.22)excluding extraordinary items [B/C] (Rs)

31 March 31 March2009 2008

31 March 31 March2009 2008

Not later than one year 324,858 234,595Later than one year not later than five years 225,263 224,021Later than five years 7,085 25,209

(Rupees '000)

i) There are no transactions in the nature of sub leases.

ii) Payments recognized in the Revenue account for the year ended 31st March 2009, are Rs 441,211 thousand (Previous Year Rs. 311,331 thousand).

iii) The period of agreement is generally for three years and renewable thereafter at the option of the lessee.

15.

16.

17.

18.

During the year the shareholders transferred funds to Policyholders' Account, to make good the deficit, which existed in the Policyholders' Account and transfer to reserve. The necessary approvals of the shareholders for the said transfer have been taken at the Extra Ordinary General Meeting of the shareholders held on 11th May 2009.

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.

As per Accounting Standard 18 issued by the Institute of Chartered Accountants of India, 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 disclosures made by the key managerial persons and taken on record by the Board of Directors.

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.

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.

The Company has entered into agreements in the nature of Lease/ Leave and Licence 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 above is as under:

19. Operating lease commitments



46

Particulars


Particulars Reported in Previous figures reported Schedule No. Schedule No.year in current year

Provisions for Long Term Liabilities) employee relatedIncentive Plan provisions togetherSundry 5,964,059 5,910,554 (53,505) 13 (Current To disclose (56,974)Creditors Liabilities) 14 (Provisions) employee related

provisions together12 (Advances 13 (Current Grossing up 3,469and other Liabilities) of balancesAssets) under Deposit

(53,505) (53,505)

Previous year Difference From To Reasons Amount

- 56,974 56,974 13 (Current 14 (Provisions) To disclose 56,974

Deposits 254,686 169,540 (85,146) 12 (Advancesand other Bank Balances) bank relatedAssets) balance from

Deposit to currentaccount

12 (Advances 12 (Advances Reclassification of (142,983)and other and other others receivablesAssets) Assets) from Deposit to

Other Assets12 (Advances 13(Current Grossing up of 3,469and other Liabilities) balances underAssets) Deposit

(85,146) (85,146)Others 1,714 144,697 142,983 12 (Advances 12 (Advances Reclassification of 142,983

and other and other others receivablesAssets) Assets) from Deposit to

Other AssetsCash (including 798,551 744,183 (54,368) 12 (Advances 11(Cash and Reclassification of (54,368)cheques, drafts and other Bank Balances) balance fromand stamps) Assets) Deposit to Cash

(including cheques,drafts and stamps)

11 (Cash and Reclassification of 54,368

These re-groupings do not affect previously reported Surplus as per Revenue Account and Loss as per Profit and Loss Account.

20. 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:


47



21 : Segment Reporting

Credit/(Debit) Fair Value Change Account 7,014 7,014 - - - - - - - - - - -

Policy Liabilities 17,998,207 11,319,055 350,390 191,904 106,164 101,389 1,222,238 4,501,717 194,008 1,695 9,647 - -

Provision for linked liabilities 140,652,998 - - - - - - 131,658,111 6,198,277 384,503 2,412,107 - -

Funds for Future Appropriations 1,071,987 918,099 1,860 43,964 94,719 2,708 9,996 - - 641 - - -

Reserve for unit linked policies not likely to be revived 3,951,268 - - - - - - 3,951,268 - - - - -

Loans 76,970 76,970 - - - - - - - - - - -

Investments 30,912,362 12,244,503 354,548 238,972 201,337 104,611 1,240,846 8,473,612 337,669 2,439 18,611 7,695,214 -

Assets Held to Cover Linked Liabilities 140,652,998 - - - - - - 131,658,111 6,198,277 384,503 2,412,107 - -

Fixed Assets 1,644,417 - - - - - - - - - - - 1,644,417

Cash and bank balances 3,552,963 - - - - - - - - - - - 3,552,963

Advances & Other Assets Outstanding Premium 268,465 248,279 5,161 8,045 6,880 100 - - - - - - - Due from Other Entities carrying on Insurance business 21,567 20,795 - 772 - - - - - - - - - Income accrued on investments 697,418 330,513 5,427 3,053 3,067 1,394 14,854 144,388 10,720 25 471 183,506 - Other Assets 840,973 - - - - - - - - - - - 840,973

Current LiabilitiesAgents Balance 2,707,151 139,329 342 4,641 12,035 45 50,282 2,442,982 57,495 - - - - Balance due to other Insurance Companies 70,312 25,945 360 - 25,593 - 8,511 9,903 - - - - - Sundry Creditors 3,110,997 17,126 383 886 - 395 - - - - - - 3,092,207 Claims Outstanding 253,700 30,892 73 3,545 9,746 - 39,748 168,311 1,385 - - - - Premium received in advance 211,051 7,051 56 90 25 - - 200,798 3,031 - - - - Premium & Other Deposits 903,774 - - - - - - - - - - - 903,774 Temporary overdraft as per books of accounts 795,371 - - - - - - - - - - - 795,371

Provisions 433,509 - - - - - - - - - - - 433,509

Particulars Current Year Participating Policyholders' Non - Participating Policyholders' Unit Linked Policyholders' Shareholders' UnallocatedTotal Individual Individual Individual Individual Individual Group Individual Individual Group Super- Group

Assuarance Pension Assuarance Health Annuity Assurance Assuarance Pension annuation Gratuity


48



Credit/(Debit) Fair Value Change Account 7,014 7,014 - - - - - - - - - - -

Policy Liabilities 17,998,207 11,319,055 350,390 191,904 106,164 101,389 1,222,238 4,501,717 194,008 1,695 9,647 - -


Funds for Future Appropriations 1,071,987 918,099 1,860 43,964 94,719 2,708 9,996 - - 641 - - -


Loans 76,970 76,970 - - - - - - - - - - -

Investments 30,912,362 12,244,503 354,548 238,972 201,337 104,611 1,240,846 8,473,612 337,669 2,439 18,611 7,695,214 -


Fixed Assets 1,644,417 - - - - - - - - - - - 1,644,417


Advances & Other Assets Outstanding Premium 268,465 248,279 5,161 8,045 6,880 100 - - - - - - - Due from Other Entities carrying on Insurance business 21,567 20,795 - 772 - - - - - - - - - Income accrued on investments 697,418 330,513 5,427 3,053 3,067 1,394 14,854 144,388 10,720 25 471 183,506 - Other Assets 840,973 - - - - - - - - - - - 840,973

Current LiabilitiesAgents Balance 2,707,151 139,329 342 4,641 12,035 45 50,282 2,442,982 57,495 - - - - Balance due to other Insurance Companies 70,312 25,945 360 - 25,593 - 8,511 9,903 - - - - - Sundry Creditors 3,110,997 17,126 383 886 - 395 - - - - - - 3,092,207 Claims Outstanding 253,700 30,892 73 3,545 9,746 - 39,748 168,311 1,385 - - - - Premium received in advance 211,051 7,051 56 90 25 - - 200,798 3,031 - - - - Premium & Other Deposits 903,774 - - - - - - - - - - - 903,774 Temporary overdraft as per books of accounts 795,371 - - - - - - - - - - - 795,371

Provisions 433,509 - - - - - - - - - - - 433,509

Particulars Current Year Participating Policyholders' Non - Participating Policyholders' Unit Linked Policyholders' Shareholders' UnallocatedTotal Individual Individual Individual Individual Individual Group Individual Individual Group Super- Group



49


21 : Segment Reporting

Particulars Previous Year Participating Policyholders' Non - Participating Policyholders' Unit Linked Policyholders' Shareholders' UnallocatedTotal Individual Individual Individual Individual Individual Group Individual Individual Group Super- Group


Credit/(Debit) Fair Value Change Account 99,460 - - - - - - - - - - -

Policy Liabilities 10,629,046 7,956,912 283,864 169,977 33,645 62,357 314,661 1,728,642 74,888 - 4,100 - -


Funds for Future Appropriations 949,408 877,422 2,392 35,173 30,612 3,809 - - - - - - -


Loans 30,937 30,934 3 - - - - - - - - - -

Investments 26,145,823 8,974,379 287,815 205,672 64,511 66,586 314,840 4,690,975 75,066 2,244 4,880 11,458,855 -



Fixed Assets 1,090,678 - - - - - - - - - - - 1,090,678

Advances & Other AssetsOutstanding Premium 233,726 221,989 4,833 6,904 - - - - - - - - - Due from Other Entities carrying on Insurance business 3,779 2,927 - 772 - - - 80 - - - - - Income accrued on investments 550,108 222,140 4,078 2,707 - 714 6,569 88,938 1,661 22 32 223,247 - Other Assets 580,293 - - - - - - - - - - - 580,293

Current LiabilitiesAgents Balance 1,774,831 35,325 152 327 3,559 19 1,590 1,714,550 19,309 - - - - Balance due to other Insurance Companies 18,869 4,061 239 903 2,508 - - 11,139 19 - - - - Sundry Creditors 5,910,554 9,708 355 150 - - - - - - - - 5,900,341 Claims Outstanding 218,655 26,265 57 637 89 - 21,544 169,976 87 - - - - Premium received in advance 170,855 923 3 24 8 - - 169,897 - - - - - Premium & Other Deposits 1,739,853 - - - - - - - - - - - 1,739,853 Payable - unsettled investment contracts 1,211 - - - - - - - - - - - 1,211 Temporary overdraft as per books of accounts 409,891 - - - - - - - - - - - 409,891

Provisions 275,464 - - - - - - - - - - - 275,464

99,460



50



Particulars Previous Year Participating Policyholders' Non - Participating Policyholders' Unit Linked Policyholders' Shareholders' UnallocatedTotal Individual Individual Individual Individual Individual Group Individual Individual Group Super- Group


Credit/(Debit) Fair Value Change Account 99,460 - - - - - - - - - - -

Policy Liabilities 10,629,046 7,956,912 283,864 169,977 33,645 62,357 314,661 1,728,642 74,888 - 4,100 - -


Funds for Future Appropriations 949,408 877,422 2,392 35,173 30,612 3,809 - - - - - - -


Loans 30,937 30,934 3 - - - - - - - - - -

Investments 26,145,823 8,974,379 287,815 205,672 64,511 66,586 314,840 4,690,975 75,066 2,244 4,880 11,458,855 -



Fixed Assets 1,090,678 - - - - - - - - - - - 1,090,678

Advances & Other AssetsOutstanding Premium 233,726 221,989 4,833 6,904 - - - - - - - - - Due from Other Entities carrying on Insurance business 3,779 2,927 - 772 - - - 80 - - - - - Income accrued on investments 550,108 222,140 4,078 2,707 - 714 6,569 88,938 1,661 22 32 223,247 - Other Assets 580,293 - - - - - - - - - - - 580,293

Current LiabilitiesAgents Balance 1,774,831 35,325 152 327 3,559 19 1,590 1,714,550 19,309 - - - - Balance due to other Insurance Companies 18,869 4,061 239 903 2,508 - - 11,139 19 - - - - Sundry Creditors 5,910,554 9,708 355 150 - - - - - - - - 5,900,341 Claims Outstanding 218,655 26,265 57 637 89 - 21,544 169,976 87 - - - - Premium received in advance 170,855 923 3 24 8 - - 169,897 - - - - - Premium & Other Deposits 1,739,853 - - - - - - - - - - - 1,739,853 Payable - unsettled investment contracts 1,211 - - - - - - - - - - - 1,211 Temporary overdraft as per books of accounts 409,891 - - - - - - - - - - - 409,891

Provisions 275,464 - - - - - - - - - - - 275,464

99,460


51


22 : Summary of Financial Statements

Sr. Particulars 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04

Policyholders' Account 1 Gross premium income 106,245,213 97,253,110 53,452,422 31,335,778 10,016,752 2,207,985 2 Net premium income # 106,010,710 97,120,392 53,359,827 31,282,213 9,980,307 2,192,521 3 Income from investments (Net) @ (31,148,700) 7,001,918 3,096,821 312,417 84,409 45,178 4 Other Income 1,770,168 3,069,470 1,024,594 1,375,771 504,221 413,529 5 Total income 76,632,178 107,191,780 57,481,242 32,970,401 10,568,937 2,651,229 6 Commissions (Net) 10,515,493 14,968,622 9,466,813 3,418,670 1,458,351 504,424 7 Brokerage - - - - - - 8 Operating Expenses related to insurance business 18,757,915 20,043,360 10,730,189 4,868,110 2,154,636 1,323,717 9 Provisions for tax 157,738 93,313 73,054 41,020 - - 10 Total Expenses 29,431,146 35,105,295 20,270,056 8,327,800 3,612,987 1,828,141 11 Payment to policy holders* 7,565,608 8,516,733 6,987,347 6,536,048 565,451 27,917 12 Increase in actuarial liability** 38,480,462 61,589,436 28,845,060 17,488,362 6,416,858 745,854 13 Surplus/ Deficit from operations 1,154,962 1,980,316 1,378,779 618,191 (26,359) 49,317

Shareholders’ Account 14 Total income under Shareholders’ Account 906,749 795,036 277,123 106,879 88,271 135,93415 Profit/ (loss) before tax (706,727) (2,138,825) (717,006) (985,406) (367,515) (268,073)16 Provisions for tax 85 80 27 36 44 5717 Profit/ (loss) after tax (706,812) (2,138,905) (717,033) (985,442) (367,559) (268,130)18 Profit/ loss carried to Balance Sheet (5,605,846) (4,899,034) (2,760,129) (2,043,096) (1,057,654) (690,095)19 Miscellaneous

(A) Policyholders’ account:Total funds (including unit linked funds) 163,681,474 124,180,044 60,626,486 30,431,495 7,736,819 1,144,717Total investments (including unit linked investments) 163,870,146 124,228,665 60,919,159 30,459,323 7,736,825 1,144,717Yield on investments (%)(excluding unit linked investments) 8.99% 8.77% 7.17% 9.80% 7.20% 9.68%

(B) Shareholders’ account: Total funds (net of debit balance in Profit & Loss A/C) 6,500,794 7,207,708 4,245,236 2,955,263 1,616,518 1,790,826 Total investments 7,695,214 11,458,855 6,536,500 2,780,868 1,636,972 1,407,573 Yield on investments (%) 9.26% 8.66% 7.36% 5.80% 5.60% 9.68%

20 Yield on total investments(excluding unit linked investments) 9.08% 8.72% 7.24% 8.40% 6.30% 9.68%

21 Paid up equity capital 1,507,090 1,507,090 1,503,680 1,502,338 1,500,787 1,500,66022 Net worth 6,500,794 7,207,708 4,245,236 2,955,263 1,616,518 1,790,82623 Total Assets

(net of debit balance in Profit & Loss A/C) 170,182,268 131,387,754 64,871,722 33,386,758 9,353,337 2,935,54324 Earning per share (Rs.) (4.69) (14.22) (4.77) (6.56) (2.45) (1.79)25 Book value per share (Rs.) 43.13 47.83 28.23 19.67 10.77 11.93

Capital + Surplus/Loss divided by nos. of shares

# Net of reinsurance @ Net of losses * Inclusive of interim bonuses, if any ** Includes fund reserve since 2003-04


Schedules forming part of financial statements for the year ended 31st March 2009


52


23 : Ratios (Expressed in number of times)

2008-09 2007-08

1 New business premium income growth (segment-wise)(New business premium for current year divided by new businesspremium for previous year)Participating 2.22 0.51Non Participating 4.31 1.27Unit Linked 0.64 1.58

2 Net retention ratio 0.998 0.999(Net premium divided by gross premium)

3 Ratio of expenses of management (**) 0.26 0.36(Expenses of management including commission divided by the total gross direct premium with Single Premium)

4 Ratio of expenses of management (**) 0.28 0.39(Expenses of management including commission expenses divided bythe total gross direct premium without Single Premium)

5 Commission ratio 0.10 0.15(Gross Commission paid to Gross premium)

6 Ratio of policy holders’ liabilities to shareholders’ funds 25.18 17.237 Growth rate of share holders’ funds 0.90 1.708 Ratio of surplus to policy holders’ liability (*) 0.01 0.029 Change in net worth 0.90 1.7010 Profit after tax/ Total income 0.00 0.0011 (Total Real Estate + Loans) / Cash & invested assets 0.004 0.00212 Total investments / (Capital + Surplus) 26.39 18.8313 Total affiliated investments/ (Capital + Surplus) 0.00 0.00

* Surplus including Contribution from Shareholders' account** Excluding Service tax borne by Unit linked policy holders'

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.


Rahul Bajaj Kamesh Goyal Niraj Bajaj Chairman Alternate Director and Director

Chief Executive OfficerSanjiv Bajaj S. H. Khan Ranjit Gupta Director Director Director Sanjay Asher Suraj Mehta Manu Tandon Director Director Director Rajesh Viswanathan Anil Singh Sameer Bakshi Chief Financial Officer Appointed Actuary Company Secretary &





53


Related Party Disclosures

Appendix I Refer Schedule 16 Note 17

Sr. Related Party Relationship Current Year Previous YearNo. Amount Nature of Transaction Balance Amount Nature of Transaction Balance

Outstanding Outstandingas at 31st as at 31st

March 2009 March 2008Receivable/ Receivable/

(Payable) (Payable)

1 Bajaj Finserv Ltd. Holding 5,245 Deputation expenses of - - Deputation expenses of Advisor- -Company Advisor -Investments Investments -

- Amount contributed towards - 1,658 Amount contributed towards -capital capital

2 Bajaj Auto Ltd. Group - Deputation expenses of Advisor - - 4,722 Deputation expenses of Advisor - (1,211)(Now known as Company Investments InvestmentsBajaj Holdings 1,061 Insurance premium received - 1,546 Insurance premium received - and Investment 682 Insurance claims paid - 744 Insurance claims paid - Limited) - Amount contributed towards - 866 Amount contributed towards -

capital capital3 Bajaj Auto Group 47,720 Insurance premium received - 1,751 Insurance premium received -

Finance Ltd. Company 600 Insurance claims paid - 1,853 Insurance claims paid - 4 Bajaj Allianz Group 4,450 Insurance Premium Received (32,771) 3,887 Insurance Premium Received -

General Company 5,532 Insurance Premium payment - 7,435 Insurance Premium payment - Insurance Co. Ltd. 9,380 Reimbursement received of - 4,938 Reimbursement received of -

Revenue and Capital expenditure Revenue and Capital expenditure 42,151 Paid towards the Revenue and - 37,023 Reimbursement made of Revenue -

Capital expenditure and Capital expenditure 690 Insurance Claim Received - 236 Insurance Claim Received -

1,667 Insurance Claims Paid - 2,581 Insurance Claims Paid - 5 Bajaj Allianz Group 5,694 Reimbursement received of 8,588 3,394 Reimbursement received of 3,088

Financial Company Revenue Expenditure Revenue ExpenditureDistributors Ltd. 184,968 Revenue expenditure for - - -

Outsourced Employees cost. 2,012 Rent - - -

6 Allianz SE Shareholder 55,178 Revenue expenditure for OPUS - 97,257 Revenue expenditure for OPUS 1,172 1,467 Reimbursement received of - - Reimbursement received of -

Revenue Expenditure Revenue Expenditure - Amount contributed towards - 5,098,837 Amount contributed towards -

capital capital7 Allianz Insurance Group 12 Reimbursement received of 1,138 2,677 Reimbursement received of 953

Management Company Revenue Expenditure Revenue ExpenditureAsia Pacific 60 Reimbursement made of - 709 Reimbursement made of -Pte. Ltd. Revenue Expenditure Revenue Expenditure

8 Allianz SE Group 91,490 Reinsurance Premium Payable (68,934) 47,097 Reinsurance Premium Payable (14,071)Reinsurance Company 18,456 Reinsurance Commission 13,066 8,226 Reinsurance Commission 2,984Branch Asia Receivable ReceivablePacific. 4,782 Reinsurance profit Commission 4,782 - Reinsurance profit Commission -

Receivable Receivable 34,012 Reinsurance Claims Receivable 31,424 11,943 Reinsurance Claims Receivable 7,068

9 Allianz Life Group 582 Reimbursement made of - 121 Reimbursement made of (121)Insurance Company Revenue Expenditure Revenue ExpenditureMalaysia Berhad

10 Hind Musafir Group 270 Commission on Travel Expenses (539) 12 Commission on Travel Expenses -Agency Ltd. Company 345 Charges for Domestic Services - 23 Charges for Domestic Services (15)

11 IDS Gmbh Group 1,057 Remuneration for IDS serives (502) - Remuneration for IDS serives -Company

12 Allianz MENA Group 4,284 Reimbursement received of 1,222 - Reimbursement received of -Holding Co. SPC Company Revenue Expenditure Revenue Expenditure

13 Kamesh Goyal Key 15,628 Remuneration - 5,633 Remuneration -Management Personnel

14 Sam Ghosh Key - Remuneration - 3,681 Remuneration -(upto Management 30/09/2007) Personnel

(Amount in Rs.'000)



54

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Appendix II Refer Schedule 16 Note 24

(Am

ount

in R

s. '0

00)

Sch

edul

eAc

cele

rate

d Ac

c Mid

Cap

Acc M

id C

apAs

set

Asse

tBa

lanc

edBa

lanc

edBa

lanc

edFu

nd

Pen

sion

Fund

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Fund

Plus

Pen

sion

Fund

Pe

nsio

n Fu

ndFu

nd

Part

icul

ars

(Am

ount

in R

s. '0

00)

Sch

edul

eAc

cele

rate

d Ac

c Mid

Cap

Acc M

id C

apAs

set

Asse

tBa

lanc

edBa

lanc

edBa

lanc

edFu

nd

Pen

sion

Fund

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Fund

Plus

Pen

sion

Fund

Pe

nsio

n Fu

ndFu

nd

Part

icul

ars

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

3,34

6 -

4

9 4

60,6

14

13,

955

-

-

-

229

3,1

65

41,

095

78,

220

2,6

29

-

-

-

564

1,5

25

25,

507

137

,375

6

,080

-

-

-

(3

,397

) (5

2,47

2) (6

94,0

84)

(995

,275

) (2

4,10

7) -

-

-

(4

29)

(37,

286)

(447

,387

) (7

61,1

74)

(27,

252)

-

-

-

(2,9

12)

(7,3

96)

(172

,045

) 4

65,7

99

9,5

04

-

-

-

(2,5

99)

(92,

464)

(1,2

46,8

65)

(614

,441

) (1

9,19

1) -

-

-

-

-

-

-

-

-

-

-

662

3,0

62

44,

674

153

,141

5

,267

-

-

-

32

2

,634

2

85,9

18

1,5

07,0

73

18,

073

-

-

-

694

5,6

96

330

,592

1

,660

,214

2

3,34

0 -

-

-

(3

,293

) (9

8,16

0) (1

,577

,457

) (2

,274

,655

) (4

2,53

1) -

-

-

17

,323

1

9,87

7 (5

1,50

7) (6

98,6

32)

(1,8

99)

-

-

-

14,0

30

(78,

283)

(1,6

28,9

64)

(2,9

73,2

87)

(44,

430)

-

-

-

6,05

2 2

66,7

88

5,1

05,7

96

21,

021,

895

788

,313

1

,291

,026

8

34,6

81

98,

771

14,0

30

(78,

283)

(1,6

28,9

64)

(2,9

73,2

87)

(44,

430)

-

-

-

20,0

82

188

,505

3

,476

,832

1

8,04

8,60

8 7

43,8

83

1,2

91,0

26

834

,681

9

8,77

1

18,1

36

184

,256

3

,363

,035

1

7,26

7,89

6 7

04,0

26

1,2

90,9

55

834

,672

9

8,76

6 1,

980

10,

584

232

,855

8

50,1

83

41,

576

71

9

5

34

6,3

35

119

,058

6

9,47

1 1

,719

-

-

-

1,

946

4,2

49

113

,797

7

80,7

12

39,

857

71

9

5

20,0

82

188

,505

3

,476

,832

1

8,04

8,60

8 7

43,8

83

1,2

91,0

26

834

,681

9

8,77

1 20

,082

1

88,5

05

3,4

76,8

32

18,

048,

608

743

,883

1

,291

,026

8

34,6

81

98,

771

1,42

8,65

7 2

1,29

2,03

5 3

93,5

35,1

32

1,96

9,85

1,53

1 8

4,34

1,38

2 9

6,02

2,84

9 5

3,51

9,39

9 6

,644

,503

14

.056

58.

8533

8.83

499.

1624

8.81

9913

.445

015

.595

914

.864

8


55

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


56

(Am

ount

in R

s. '0

00)

Sch

edul

eBo

ndBo

ndCa

pita

lCa

pita

lCa

pita

lCa

pita

lCa

pita

lCa

shFu

nd

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eSh

ield

Shie

ldFu

ndFu

ndFu

nd- 2

012

Fund

- 201

4 Fu

nd- 2

017

Fund

- IFu

nd- I

I

(Am

ount

in R

s. '0

00)

Sch

edul

eBo

ndBo

ndCa

pita

lCa

pita

lCa

pita

lCa

pita

lCa

pita

lCa

shFu

nd

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eSh

ield

Shie

ldFu

ndFu

ndFu

nd- 2

012

Fund

- 201

4 Fu

nd- 2

017

Fund

- IFu

nd- I

I

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

138

,558

1

2,85

3 7

,203

5

03

2,2

57

12,

900

596

2

7,48

5 -

-

3

45

29

288

-

-

-

2

1,27

0 2

,060

4

3 1

8 4

55

2,4

16

2,3

31

79,

923

45,

599

6,3

23

(300

) (2

5) (2

29)

62

17,

114

8,0

11

(12,

958)

(1,4

74)

(801

) (2

9) (3

16)

-

(16,

924)

(681

) 6

8,44

0 6

,169

(6

,150

) (7

01)

(7,5

92)

6,5

82

10,

765

-

260

,909

2

5,93

1 3

40

(205

) (5

,137

) 2

1,96

0 1

3,88

2 1

14,7

38

-

-

-

-

-

-

-

12,

863

16,

715

1,5

25

1,4

00

97

621

4

,402

1

,430

1

0,29

1 2

41,0

63

3,0

49

4,3

62

311

1

,958

5

08

156

5

2,04

8 2

57,7

78

4,5

74

5,7

62

408

2

,579

4

,910

1

,586

7

5,20

2 3

,131

2

1,35

7 (5

,422

) (6

13)

(7,7

16)

17,

050

12,

296

39,

536

(63,

101)

6,7

33

6,1

11

514

4

,604

-

-

1

26,3

29

(59,

970)

28,

090

689

(9

9) (3

,112

) 1

7,05

0 1

2,29

6 1

65,8

65

3,2

70,1

47

369

,424

1

11,7

42

7,7

79

50,

832

808

,853

4

78,7

96

971

,015

(5

9,97

0) 2

8,09

0 6

89

(99)

(3,1

12)

17,

050

12,

296

165

,865

3

,210

,177

3

97,5

14

112

,431

7

,680

4

7,72

0 8

25,9

03

491

,092

1

,136

,880

2,9

92,3

48

351

,820

1

09,9

47

7,5

06

47,

332

735

,941

4

04,4

27

1,1

26,8

23

220

,279

4

5,96

3 2

,615

1

83

442

9

1,70

2 8

7,67

4 1

2,40

3 2

,450

2

69

131

9

5

4 1

,740

1

,009

2

,346

2

17,8

29

45,

694

2,4

84

174

3

88

89,

962

86,

665

10,

057

3,2

10,1

77

397

,514

1

12,4

31

7,6

80

47,

720

825

,903

4

91,0

92

1,1

36,8

80

3,2

10,1

77

397

,514

1

12,4

31

7,6

80

47,

720

825

,903

4

91,0

92

1,1

36,8

80

248

,556

,800

3

0,12

9,88

3 1

0,33

3,66

6 7

21,3

90

4,7

14,2

98

78,

975,

616

47,

235,

016

85,

603,

777

12.9

153

13.1

934

10.8

801

10.6

474

10.1

224

10.4

577

10.3

968

13.2

807

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

Part

icul

ars

Part

icul

ars



(Am

ount

in R

s. '0

00)

Sch

edul

eCa

shCa

shDe

btDe

btDe

btEq

uity

Equi

tyEq

uity

Plus

Plus

Fund

Pl

usPl

usFu

nd

Gain

Grow

thFu

nd

Pens

ion

Fund

Fu

nd

Pens

ion

Fund

Fu

nd

Fund

Part

icul

ars

(Am

ount

in R

s. '0

00)

Sch

edul

eCa

shCa

shDe

btDe

btDe

btEq

uity

Equi

tyEq

uity

Plus

Plus

Fund

Pl

usPl

usFu

nd

Gain

Grow

thFu

nd

Pens

ion

Fund

Fu

nd

Pens

ion

Fund

Fu

nd

Fund

Part

icul

ars

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

41,

528

5,4

95

100

,596

1

10,5

23

11,

218

19

4,2

66

31,

760

-

-

-

-

-

56,

456

113

,558

3

83,6

18

111

,368

5

,720

1

3,36

1 1

6,60

2 1

,530

1

,947

7

5,31

9 2

83,0

39

9,3

61

306

3

4,45

8 3

9,75

6 3

,712

(3

3,77

6) (1

,948

,013

) (4

,423

,117

) (1

,274

) (8

4) (1

8,17

5) (1

7,85

1) 2

6 (1

,486

) (2

23,6

22)

(951

,245

) -

-

3

6,18

0 4

2,53

6 2

,661

(1

,704

,558

) (7

36,6

09)

(6,4

30,9

02)

160

,983

1

1,43

7 1

66,4

20

191

,566

1

9,14

7 (1

,681

,398

) (2

,715

,101

) (1

1,10

6,84

7)

-

-

15,

442

-

-

47,

929

97,

396

-

10,

262

731

1

2,35

4 9

,477

9

75

38,

343

116

,875

5

03,1

60

102

,003

5

,603

4

9,69

9 3

7,16

6 4

,235

1

32,3

47

283

,217

3

,371

,013

1

12,2

65

6,3

34

77,

495

46,

643

5,2

10

218

,619

4

97,4

88

3,8

74,1

73

48,

718

5,1

03

88,

925

144

,923

1

3,93

7 (1

,900

,017

) (3

,212

,589

) (1

4,98

1,02

0) 3

83,0

86

25,

535

133

,612

1

78,7

80

17,

134

2,0

83,0

60

1,8

77,2

86

(1,7

60,9

01)

431

,804

3

0,63

8 2

22,5

37

323

,703

3

1,07

1 1

83,0

43

(1,3

35,3

03)

(16,

741,

921)

984

,752

6

6,36

1 3

71,1

58

712

,142

7

4,19

3 2

,537

,406

8

,651

,002

5

5,14

2,89

2 4

31,8

04

30,

638

222

,537

3

23,7

03

31,

071

183

,043

(1

,335

,303

) (1

6,74

1,92

1) 1

,416

,556

9

6,99

9 5

93,6

95

1,0

35,8

45

105

,264

2

,720

,449

7

,315

,699

3

8,40

0,97

1

1,3

98,2

47

96,

121

547

,599

9

45,6

26

85,

104

2,7

07,2

48

7,2

79,4

17

37,

076,

562

19,

271

942

4

8,87

4 9

1,17

8 2

0,25

7 3

3,25

3 8

6,44

0 2

,601

,895

9

62

64

2,7

78

959

9

7 2

0,05

6 5

0,15

8 1

,277

,486

1

8,30

9 8

78

46,

096

90,

219

20,

160

13,

197

36,

282

1,3

24,4

09

1,4

16,5

56

96,

999

593

,695

1

,035

,845

1

05,2

64

2,7

20,4

49

7,3

15,6

99

38,

400,

971

1,4

16,5

56

96,

999

593

,695

1

,035

,845

1

05,2

64

2,7

20,4

49

7,3

15,6

99

38,

400,

971

99,

935,

497

6,8

81,1

94

46,

374,

861

75,

478,

857

7,5

16,5

22

193

,511

,716

3

83,2

00,4

70 4

,346

,159

,333

14

.174

714

.096

312

.802

113

.723

614

.004

414

.06

19.0

910

8.83

56


57

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Equi

ty G

row

thPe

nsio

nIn

dex

Inde

xPe

nsio

nPe

nsio

nM

idca

pPe

nsio

nPl

usFu

nd

Fund

Fund

- II

Fund

Fund

- II

Fund

Fund

Fund

Equi

tyEq

uity

Equi

ty In

dex

Equi

ty In

dex

Equi

tyEq

uity

Mid

cap

Equi

ty M

idca

p

Equi

ty G

row

thPe

nsio

nIn

dex

Inde

xPe

nsio

nPe

nsio

nM

idca

pPe

nsio

nPl

usFu

nd

Fund

Fund

- II

Fund

Fund

- II

Fund

Fund

Fund

Equi

tyEq

uity

Equi

ty In

dex

Equi

ty In

dex

Equi

tyEq

uity

Mid

cap

Equi

ty M

idca

p

52

5

294

-

1

5 3

6 -

5

4 1

8,56

1 3

0,57

2 2

64,6

20

2,2

66

20,

110

31,

268

3,1

29

46,

488

13,

916

1,1

86

18,

663

103

1

,281

1

1,15

8 1

,114

1

9,59

2 (1

90,9

12)

(18,

602)

(174

,690

) (1

,452

) (1

4,44

4) (2

22,4

58)

(15,

454)

(316

,866

) (1

85,0

53)

(18,

458)

(221

,017

) (6

,695

) (1

6,92

4) (1

25,7

81)

(24,

174)

(202

,333

) (2

02,0

14)

(914

,658

) (7

,035

,627

) (6

0,49

6) (5

42,8

68)

(98,

554)

(2,8

06)

(199

,904

) (5

45,4

50)

(919

,955

) (7

,147

,757

) (6

6,27

4) (5

52,8

30)

(404

,331

) (3

8,19

1) (6

52,9

69)

-

-

-

-

-

14,

473

-

-

24,

333

20,

760

231

,794

1

,554

1

7,35

9 1

7,36

8 1

,773

2

7,11

9 2

4,16

2 6

6,49

8 3

,089

,285

4

,613

3

3,52

8 4

4,79

6 5

27

41,

969

48,

495

87,

258

3,3

21,0

79

6,1

67

50,

887

76,

637

2,3

00

69,

088

(593

,945

) (1

,007

,213

) (1

0,46

8,83

6) (7

2,44

1) (6

03,7

17)

(480

,968

) (4

0,49

1) (7

22,0

57)

(20,

380)

811

,317

(1

,232

,462

) 8

2,09

9 (6

5,94

3) 3

80,9

46

62,

016

851

,210

(6

14,3

25)

(195

,896

) (1

1,70

1,29

8) 9

,658

(6

69,6

60)

(100

,022

) 2

1,52

5 1

29,1

53

2,2

54,6

53

1,6

51,2

11

40,

879,

569

87,

162

2,6

02,6

86

1,1

42,0

75

74,

208

1,4

37,6

94

(614

,325

) (1

95,8

96)

(11,

701,

298)

9,6

58

(669

,660

) (1

00,0

22)

21,

525

129

,153

1

,640

,328

1

,455

,315

2

9,17

8,27

1 9

6,82

0 1

,933

,026

1

,042

,053

9

5,73

3 1

,566

,847

1,5

82,5

62

1,4

43,8

85

28,

282,

717

98,

071

1,8

55,4

42

1,0

25,7

79

96,

900

1,5

40,4

14

81,

591

20,

583

1,9

02,0

57

167

1

42,5

58

18,

698

36

28,

423

23,

824

9,1

53

1,0

06,5

03

1,4

18

64,

974

2,4

24

1,2

03

1,9

90

57,

767

11,

430

895

,554

(1

,251

) 7

7,58

4 1

6,27

4 (1

,167

) 2

6,43

3 1

,640

,329

1

,455

,315

2

9,17

8,27

1 9

6,82

0 1

,933

,026

1

,042

,053

9

5,73

3 1

,566

,847

1

,640

,329

1

,455

,315

2

9,17

8,27

1 9

6,82

0 1

,933

,026

1

,042

,053

9

5,73

3 1

,566

,847

1

88,4

57,6

89

80,

494,

293

2,9

84,4

64,9

42

6,0

94,9

79

201

,759

,374

7

1,68

2,77

0 5

,720

,164

1

01,8

53,1

96

8.70

4018

.079

79.

7767

15.8

854

9.58

0814

.537

016

.736

115

.383

4


58

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Equi

tyPl

usPe

nsio

nDe

btLi

quid

Shor

t Ter

mGa

inPe

nsio

nFu

nd

Fund

Fund

Fund

Fund

Debt

Fund

Fund

Fund

Equi

ty P

lus

Grou

pGr

oup

Grou

pLi

fe Lo

ngLi

quid

Liqu

id

Equi

tyPl

usPe

nsio

nDe

btLi

quid

Shor

t Ter

mGa

inPe

nsio

nFu

nd

Fund

Fund

Fund

Fund

Debt

Fund

Fund

Fund

Equi

ty P

lus

Grou

pGr

oup

Grou

pLi

fe Lo

ngLi

quid

Liqu

id

3,3

98

48

42,

470

-

71

14,

769

988

1

1,03

8 1

77,0

05

12,

048

-

-

-

-

-

-

109

,017

8

,151

3

,453

4

,262

-

1

,964

2

,565

3

9,24

1 (3

,121

,225

) (1

64,4

92)

34,

379

280

-

3

,388

2

07

2,9

35

(450

,283

) (8

8,04

9) (2

,451

) -

-

3

,137

(2

8) (3

84)

(992

,382

) (2

4,17

5) 1

6,99

0 -

(5

6) 4

,832

-

-

(4

,274

,470

) (2

56,4

69)

94,

841

4,5

42

15

28,

090

3,7

32

52,

830

-

-

-

-

-

2,3

15

-

-

180

,803

1

1,95

5 5

,164

2

44

7

1,8

52

317

4

,522

3

83,4

59

19,

562

507

2

9 1

5

,031

1

,114

7

9,95

7 5

64,2

62

31,

517

5,6

71

273

8

9

,198

1

,431

8

4,47

9 (4

,838

,732

) (2

87,9

86)

89,

170

4,2

69

7

18,

892

2,3

01

(31,

649)

3,4

21,9

00

302

,069

-

-

-

1

2,10

5 1

,420

(1

4,32

2) (1

,416

,832

) 1

4,08

3 8

9,17

0 4

,269

7

3

0,99

7 3

,721

(4

5,97

1)

12,

327,

596

727

,211

1

,080

,295

8

90,4

01

20,

000

149

,010

4

8,03

3 7

88,3

70

(1,4

16,8

32)

14,

083

89,

170

4,2

69

7

30,

997

3,7

21

(45,

971)

10,

910,

764

741

,294

1

,169

,465

8

94,6

70

20,

007

180

,007

5

1,75

4 7

42,3

99

10,

871,

367

735

,539

8

68,5

50

95,

620

9,4

66

175

,024

4

9,04

9 7

19,3

42

102

,911

1

0,06

9 3

01,7

48

799

,111

1

0,54

9 5

,336

2

,745

2

3,66

0 6

3,51

4 4

,314

8

33

61

8

353

4

0 6

03

39,

397

5,7

55

300

,915

7

99,0

50

10,

541

4,9

83

2,7

05

23,

057

10,

910,

764

741

,294

1

,169

,465

8

94,6

70

20,

007

180

,007

5

1,75

4 7

42,3

99

10,

910,

764

741

,294

1

,169

,465

8

94,6

70

20,

007

180

,007

5

1,75

4 7

42,3

99

548

,795

,878

4

1,10

2,25

6 1

03,9

50,7

01

85,

070,

398

1,9

98,2

03

15,

085,

493

4,0

60,8

28

58,

177,

450

19.8

813

18.0

354

11.2

502

10.5

168

10.0

126

11.9

325

12.7

446

12.7

610


59

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Prem

ier

Bala

nced

Bond

Debt

Equi

tyEq

uity

Gai

nEq

uity

Gro

wth

Equi

ty In

dex

Equi

tyFu

ndFu

ndFu

ndFu

nd

Fund

Fund

Fund

Fund

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

Prem

ier

Bala

nced

Bond

Debt

Equi

tyEq

uity

Gai

nEq

uity

Gro

wth

Equi

ty In

dex

Equi

tyFu

ndFu

ndFu

ndFu

nd

Fund

Fund

Fund

Fund

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

-

15,

143

11,

261

2

461

7

4 2

8 -

-

-

-

6

,170

9

,800

2

2,67

7 1

3,07

1 1

1,87

9 -

2

,656

2

,014

1

81

4,7

17

11,

017

576

5

,561

-

4

,322

4

,304

(4

,489

) (1

36,5

79)

(280

,531

) (1

0,36

3) (6

1,14

8) -

(6

) (3

,748

) (6

,617

) (8

5,53

6) (2

36,9

04)

(26,

700)

(49,

160)

-

5,5

20

4,0

85

(181

,537

) 3

56

(216

,505

) (3

76,3

85)

(18,

541)

-

27,

635

17,

916

(186

,290

) (2

06,7

81)

(700

,172

) (3

99,7

73)

(111

,409

)

-

-

-

-

-

-

-

-

-

5,4

29

3,1

84

9,4

12

14,

251

43,

197

24,

396

9,6

42

-

3,9

94

7,7

66

15,

270

23,

471

40,

409

18,

135

118

,007

-

9

,423

1

0,95

0 2

4,68

2 3

7,72

2 8

3,60

6 4

2,53

1 1

27,6

49

-

18,

212

6,9

66

(210

,972

) (2

44,5

03)

(783

,778

) (4

42,3

04)

(239

,058

) -

1

3,07

9 2

5,10

4 1

87,4

09

176

,347

6

1,04

9 4

5,29

9 4

8,78

1 -

3

1,29

1 3

2,07

0 (2

3,56

3) (6

8,15

6) (7

22,7

29)

(397

,005

) (1

90,2

77)

63,

456

237

,122

6

1,53

2 3

28,2

03

594

,723

2

,044

,090

1

,214

,293

8

93,0

45

-

31,

291

32,

070

(23,

563)

(68,

156)

(722

,729

) (3

97,0

05)

(190

,277

) 6

3,45

6 2

68,4

13

93,

602

304

,640

5

26,5

67

1,3

21,3

61

817

,288

7

02,7

68

63,

456

249

,012

8

9,56

7 3

04,7

03

515

,411

1

,309

,738

8

07,6

78

728

,965

-

2

0,02

4 4

,314

5

85

14,

584

14,

785

14,

429

29,

954

-

623

2

79

648

3

,428

3

,162

4

,819

5

6,15

1 -

1

9,40

1 4

,035

(6

3) 1

1,15

6 1

1,62

3 9

,610

(2

6,19

7) 6

3,45

6 2

68,4

13

93,

602

304

,640

5

26,5

67

1,3

21,3

61

817

,288

7

02,7

68

63,

456

268

,413

9

3,60

2 3

04,6

40

526

,567

1

,321

,361

8

17,2

88

702

,768

5

,442

,267

2

1,87

3,78

2 7

,329

,613

2

9,53

3,89

6 5

0,99

7,27

8 1

59,3

73,4

53

87,

443,

607

58,

303,

073

11.6

599

12.2

710

12.7

705

10.3

150

10.3

254

8.29

109.

3465

12.0

537


60

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Misc

ella

neou

s Inc

ome

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)To

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.

) *

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Pure

Stoc

kPe

nsio

nFu

ndFu

ndFu

ndFu

nd

Pure

Sto

ckSe

cure

Stab

leTo

tal

Pure

Stoc

kPe

nsio

nFu

ndFu

ndFu

ndFu

nd

Pure

Sto

ckSe

cure

Stab

leTo

tal

-

-

25,

363

67,

205

1,1

78,4

99

13,

868

51

452

2

,939

1

,366

,606

7

,475

4

0 4

,827

1

1,60

5 1

,074

,788

(9

9,83

5) (8

9) (8

,606

) (1

09,3

37)

(12,

911,

850)

(6,2

56)

(762

) (4

,425

) (3

5,41

8) (4

,314

,447

) 2

6,65

2 4

32

1,7

45

36,

608

(19,

189,

517)

(58,

096)

(328

) 1

9,35

6 (2

6,39

8) (3

2,79

5,92

1)

-

-

-

-

190

,418

1

4,37

1 6

3 4

,511

1

1,76

1 1

,622

,605

2

91,1

58

63

271

2

05

10,

416,

254

305

,529

1

26

4,7

82

11,

966

12,

229,

277

(363

,625

) (4

54)

14,

574

(38,

364)

(45,

025,

198)

(142

,584

) -

5

60

57,

784

7,3

68,7

47

(506

,209

) (4

54)

15,

134

19,

420

(37,

656,

451)

2,02

4,32

7 8

,837

4

01,7

93

256

,038

1

78,3

09,4

49

(506

,209

) (4

54)

15,

134

19,

420

(37,

656,

451)

1,51

8,11

8 8

,383

4

16,9

27

275

,458

1

40,6

52,9

98

1,54

1,18

1 8

,432

3

95,3

21

270

,017

1

35,4

07,0

22

95,8

10

854

2

2,07

7 5

,772

8

,174

,064

11

8,87

3 9

03

471

3

31

2,9

28,0

88

(23,

063)

(49)

21,

606

5,4

41

5,2

45,9

76

1,51

8,11

8 8

,383

4

16,9

27

275

,458

1

40,6

52,9

98

1,51

8,11

8 8

,383

4

16,9

27

275

,458

13

1,06

7,16

9 1

,046

,727

3

0,75

6,73

3 2

0,82

5,32

8 11

.582

78.

0083

13.5

556

13.2

270


61

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

009

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

9Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

50,1

03

183

,700

2

,563

,250

1

0,84

2,77

6 2

88,2

58

1,5

03,1

03

923

,231

1

19,9

80

1,2

53,8

18

8,23

6 1

29,4

50

3,6

42,4

12

12,

858,

695

555

,787

6

9,32

1 1

44,6

94

17,

810

3,1

80,8

91

52,2

87

46,

362

1,0

99,8

66

2,6

79,5

76

55,

732

281

,398

2

33,2

44

39,

019

1,1

64,5

62

6,05

2 2

66,7

88

5,1

05,7

96

21,

021,

895

788

,313

1

,291

,026

8

34,6

81

98,

771

3,2

70,1

47

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Pl

us Fu

ndPl

us P

ensi

onFu

ndFu

ndFu

ndPe

nsio

n Fu

nd

Fu

nd

Acc M

id C

apAc

c Mid

Cap

Asse

t As

set

Bala

nced

Bala

nced

Bala

nced

Bond

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

Bond

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

e Sh

ield

Shie

ldFu

ndPl

usPe

nsio

nFu

ndFu

nd- 2

012

Fund

- 201

4 F

und-

201

7 F

und-

I F

und-

II

F

und

Fu

nd

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash

Plu

s

91,

745

111

,220

7

,796

5

0,38

3 -

-

8

56,3

59

1,3

76,6

95

86,

216

439

,180

4

,274

3

04

2,0

26

885

,042

4

88,0

83

522

,426

8

72,6

98

62,

176

161

,501

3

,752

3

21

1,5

77

76,

189

9,2

87

407

,770

1

,264

,641

8

2,03

1 3

69,4

24

111

,742

7

,779

5

0,83

2 8

08,8

53

478

,796

9

71,0

15

984

,752

6

6,36

1

407,

535

1,1

11,3

69

65,

700

1,8

51,4

92

7,2

49,0

11

28,

020,

683

1,4

99,4

14

1,2

17,3

55

16,

750,

358

283,

329

874

,730

1

19,8

52

1,3

94,6

48

3,1

26,2

44

39,

057,

468

1,2

04,8

44

953

,539

3

1,84

4,92

1 31

9,70

6 1

,273

,957

1

11,3

59

708

,734

1

,724

,253

1

1,93

5,25

9 4

49,6

05

519

,683

7

,715

,710

37

1,15

8 7

12,1

42

74,

193

2,5

37,4

06

8,6

51,0

02

55,

142,

892

2,2

54,6

53

1,6

51,2

11

40,

879,

569

Debt

Fund

P

lus

Pens

ion

Fund

Gain

Grow

thPe

nsio

nIn

dex

Inde

x Fu

ndFu

ndFu

nd Fu

ndFu

nd Fu

nd

Fund

- II

Debt

Debt

Plu

sEq

uity

Equi

tyEq

uity

Equi

ty G

row

thEq

uity

Equi

ty

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


62

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

Equi

ty

Pens

ion

Pens

ion

Mid

cap

Pens

ion

Plus

Plus

Pens

ion

Debt

Liqu

idFu

ndFu

nd -

II Fu

ndFu

nd Fu

nd F

und

Fun

d F

und

Fun

d

Inde

xEq

uity

Inde

xEq

uity

Equi

ty M

idca

pEq

uity

Mid

cap

Equi

tyEq

uity

Plu

sGr

oup

Grou

p

54,7

86

1,3

66,6

34

973

,788

8

7,72

1 1

,364

,051

1

1,07

2,46

3 6

75,0

71

46,

157

-

84,9

12

1,6

41,6

65

399

,771

4

2,84

0 5

52,9

78

4,7

18,6

91

278

,135

1

,120

,145

8

92,1

33

52,5

36

405

,613

2

31,4

84

56,

353

479

,335

3

,463

,558

2

25,9

95

86,

007

1,7

32

87,1

62

2,6

02,6

86

1,1

42,0

75

74,

208

1,4

37,6

94

12,

327,

596

727

,211

1

,080

,295

8

90,4

01

-

167

,028

2

6,48

6 3

44,3

78

77,

114

163

,761

1

34,6

55

315

,804

6

47,8

12

20,

000

132

,369

3

5,77

1 7

31,1

00

3,2

27

148

,316

1

22,5

54

75,

390

93,

487

-

150

,387

1

4,22

4 2

87,1

08

16,

885

74,

955

195

,677

6

2,99

1 1

46,5

76

20,

000

149

,010

4

8,03

3 7

88,3

70

63,

456

237

,122

6

1,53

2 3

28,2

03

594

,723

Grou

p Sh

ort

Term

Deb

t Ga

inPe

nsio

nFu

ndBa

lanc

edBo

ndDe

btEq

uity

Equi

ty G

ain

Fund

Fund

Fund

Fund

Fu

ndFu

ndFu

ndFu

nd

Life

Long

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Equi

ty G

row

thEq

uity

Inde

xEq

uity

Stoc

kPe

nsio

nFu

ndFu

ndFu

nd

Fun

d Fu

ndFu

ndFu

nd

Prem

ier

Pure

Pure

Pure

Sto

ckSe

cure

Stab

leTo

tal

1,85

2,47

6 9

41,7

38

614

,405

8

07,7

09

-

341

,730

1

,615

,633

1

02,1

72,9

50

308,

422

340

,988

5

61,7

39

1,9

34,9

63

9,7

15

127

,972

2

4,81

8 1

17,1

45,1

81

116,

808

68,

433

283

,099

7

18,3

45

878

6

7,90

9 1

,384

,413

4

1,00

8,68

2 2,

044,

090

1,2

14,2

93

893

,045

2

,024

,327

8

,837

4

01,7

93

256

,038

1

78,3

09,4

49

(Am

ount

in R

s. '0

00)(A

mou

nt in

Rs.

'000

)

(Am

ount

in R

s. '0

00)


63

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eFu

ndFu

ndPe

nsio

n Fu

ndFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

-

-

-

38,

013

-

366

,420

1

9,47

4 3

5,54

0 2

,057

1

3,48

1 3,

777

-

-

1,0

50,7

77

52,

064

625

,247

1

06,8

59

48,

707

1,2

71

3,3

00

4,65

9 -

-

4

,787

,029

3

02,6

46

1,3

58,4

62

152

,883

6

,806

2

,565

1

3,51

7 5,

389

146

,329

2

,667

,184

5

,188

,907

2

00,4

50

-

-

14,

976

1,3

19

12,

992

795

22,

927

423

,520

5

,130

,530

1

10,9

72

385

,819

4

7,10

4 5

79

-

1,1

46

2,90

0 -

-

3

57,9

00

10,

100

256

,400

2

5,50

0 -

-

-

17,5

20

169

,256

3

,090

,704

1

6,55

3,15

6 6

76,2

32

2,9

92,3

48

351

,820

1

06,6

08

7,2

12

44,

436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

616

1

2,18

8 2

22,3

07

714

,740

2

7,79

4 -

-

3

,339

2

94

2,8

96

-

-

-

-

-

-

-

-

-

-

-

2,8

12

50,

024

-

-

-

-

-

-

-

616

15,

000

272

,331

7

14,7

40

27,

794

-

-

3,3

39

294

2

,896

18,1

36

184

,256

3

,363

,035

1

7,26

7,89

6 7

04,0

26

2,9

92,3

48

351

,820

1

09,9

47

7,5

06

47,

332

96.6

0%91

.86%

91.9

0%95

.86%

96.0

5%10

0.00

%10

0.00

%96

.96%

96.0

8%93

.88%

3.40

%8.

14%

8.10

%4.

14%

3.95

%0.

00%

0.00

%3.

04%

3.92

%6.

12%


64

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

-

-

-

-

-

182

,976

1

68,0

45

10,

961

-

5,7

41

206,

836

276

,921

-

-

-

2

11,4

87

356

,376

2

9,25

7 -

-

89

,441

6

2,51

8 -

-

-

7

64,5

07

688

,886

7

7,89

8 -

-

-

-

-

-

-

-

-

-

2

,644

,221

5

,689

,244

43

9,66

4 6

4,98

8 1

,126

,823

1

,398

,247

9

6,12

1 3

9,44

1 1

46,2

55

11,

751

12,

346

781

,480

-

-

-

-

-

1

01,3

00

91,

500

16,

400

-

-

735,

941

404

,427

1

,126

,823

1

,398

,247

9

6,12

1 1

,299

,711

1

,451

,062

1

46,2

67

2,6

56,5

67

6,4

76,4

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

589

,523

8

02,9

52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

589

,523

8

02,9

52

735,

941

404

,427

1

,126

,823

1

,398

,247

9

6,12

1 1

,299

,711

1

,451

,062

1

46,2

67

3,2

46,0

90

7,2

79,4

17

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

81.8

4%88

.97%

0.00

%0.

00%

0.00

%0.

00%

0.00

%0.

00%

0.00

%0.

00%

18.1

6%11

.03%

Capi

tal

Shie

ldSh

ield

Fund

Pl

usPe

nsio

nFu

ndPl

usPe

nsio

nFu

ndGa

inFu

nd- I

Fund

- II

Fund

Fund

Fund

Fund

Fund

Capi

tal

Cash

Cash

Cash

Plu

sDe

btDe

btDe

bt P

lus

Equi

tyEq

uity


65

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Equi

tyGr

owth

Pens

ion

Inde

xIn

dex

Pens

ion

Pens

ion

Mid

cap

Pens

ion

Mid

cap

Plus

Fund

Fu

nd

Fund

Fund

- II

Fund

Fund

- II

Fund

Fund

Plus

Fund

Fund

Equi

ty G

row

thEq

uity

Equi

tyEq

uity

Inde

xEq

uity

Inde

xEq

uity

Equi

ty M

idca

pEq

uity

Equi

ty

531

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,6

99,1

16

1,1

04,5

40

1,4

42,8

05

22,

835,

456

110

,583

1

,495

,783

8

32,7

70

78,

743

1,2

51,1

41

8,5

22,2

59

6,17

6,48

5 2

50,6

91

6,6

10

355

,555

4

37

26,

142

90,

420

10,

025

159

,928

1

,149

,701

-

-

-

-

-

-

-

-

-

-

31,8

76,1

32

1,3

55,2

31

1,4

49,4

15

23,

191,

011

111

,020

1

,521

,925

9

23,1

90

88,

768

1,4

11,0

69

9,6

71,9

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,20

0,43

0 2

27,3

31

321

,673

5

,091

,706

2

4,65

5 3

33,5

17

69,

115

6,5

38

103

,830

1

,201

,440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3,47

4 1

,594

2

5,51

5 -

5,20

0,43

0 2

27,3

31

321

,673

5

,091

,706

2

4,65

5 3

33,5

17

102

,589

8

,132

1

29,3

45

1,2

01,4

40

37,0

76,5

62

1,5

82,5

62

1,7

71,0

88

28,

282,

717

135

,675

1

,855

,442

1

,025

,779

9

6,90

0 1

,540

,414

1

0,87

3,40

0

85.9

7%85

.64%

81.8

4%82

.00%

81.8

3%82

.02%

90.0

0%91

.61%

91.6

0%88

.95%

14.0

3%14

.36%

18.1

6%18

.00%

18.1

7%17

.98%

10.0

0%8.

39%

8.40

%11

.05%


66

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Equi

ty P

lus

Pens

ion

Debt

Liqu

idTe

rm D

ebt

Gain

Pens

ion

Fund

Bond

Debt

Equi

tyFu

nd

Fund

Fund

Fund

Fund

Fund

Fund

Fund

Fund

Grou

pGr

oup

Grou

p Sh

ort

Life

Long

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

-

182

,118

-

-

5

,080

-

-

8

,929

1

0,69

7 -

-

2

04,1

97

-

5,2

29

39,

911

-

-

89,

042

60,

567

-

-

379

,482

-

4

,237

9

7,77

3 -

-

1

21,1

24

37,

688

-

575,

059

-

-

-

-

-

-

-

-

266

,951

79

,097

7

2,15

3 9

5,42

0 -

2

4,56

0 4

9,04

9 7

19,3

42

23,

717

21,

216

1,0

94

-

30,

600

200

-

7

,700

-

-

6

,200

-

-

654,

156

868

,550

9

5,62

0 9

,466

1

75,0

24

49,

049

719

,342

2

49,0

12

130

,168

2

68,0

45

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81,3

83

-

-

-

-

-

-

-

-

59,

514

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81,3

83

-

-

-

-

-

-

-

-

59,

514

735,

539

868

,550

9

5,62

0 9

,466

1

75,0

24

49,

049

719

,342

2

49,0

12

130

,168

3

27,5

59

88.9

4%10

0.00

%10

0.00

%10

0.00

%10

0.00

%10

0.00

%10

0.00

%10

0.00

%10

0.00

%81

.83%

11.0

6%0.

00%

0.00

%0.

00%

0.00

%0.

00%

0.00

%0.

00%

0.00

%18

.17%


67

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Prem

ier

Equi

ty G

ain

Equi

ty G

row

thEq

uity

Inde

xEq

uity

Stoc

kPe

nsio

nFu

ndFu

ndFu

ndFu

ndFu

ndFu

ndFu

ndFu

nd

Prem

ier

Prem

ier

Pure

Pure

Pure

Sto

ckSe

cure

Stab

leTo

tal

-

-

4,4

49

108

,016

2

16,7

51

1,7

35

80,

708

25,

251

1,4

86,9

74

-

-

-

-

-

-

76,

169

41,

733

3,4

89,7

28

-

-

-

-

-

-

140

,612

7

9,54

0 9

,172

,273

41

3,81

0 9

37,8

58

654

,367

5

47,7

31

1,1

68,7

90

5,9

47

24,

055

23,

103

84,

561,

878

43,1

56

182

,368

2

,975

-

-

-

5

2,23

9 7

6,96

3 1

9,90

9,85

2 -

-

-

-

-

-

1

8,70

0 2

0,70

0 9

46,1

00

456,

966

1,1

20,2

26

661

,791

6

55,7

47

1,3

85,5

41

7,6

82

392

,483

2

67,2

90

119

,566

,805

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,4

45

189

,512

1

45,8

87

73,

218

155

,640

7

50

2,8

38

2,7

27

15,

726,

798

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

,419

58,4

45

189

,512

1

45,8

87

73,

218

155

,640

7

50

2,8

38

2,7

27

15,

840,

217

515,

411

1,3

09,7

38

807

,678

7

28,9

65

1,5

41,1

81

8,4

32

395

,321

2

70,0

17

135

,407

,022

88.6

6%85

.53%

81.9

4%89

.96%

89.9

0%91

.11%

99.2

8%98

.99%

88%

11.3

4%14

.47%

18.0

6%10

.04%

10.1

0%8.

89%

0.72

%1.

01%

12%


68

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accr

ued

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Inte

rest

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Plus

Fund

Fund

Fund

Pens

ion

Fund

Fund

Pens

ion

Fund

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bala

nced

Bala

nced

Bala

nced

Bond

465

-

-

221

,481

1

0,21

6 -

-

-

7

2,83

7

1,51

5 1

0,52

2 2

31,7

30

610

,131

3

1,02

3 7

1 9

5

1

47,4

42

-

62

1,1

25

-

-

-

-

-

-

-

-

-

7,2

98

266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,

273

71

-

-

-

-

-

-

-

-

-

-

-

-

-

1,98

0 1

0,58

4 2

32,8

55

850

,183

4

1,57

6 7

1 9

5

2

20,2

79

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accr

ued

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Inte

rest

10

,695

2

,587

1

52

406

1

9,48

0 3

,396

7

,162

8

,627

6

76

35,2

68

5

29

16

72,

222

84,

278

5,2

41

10,

644

266

-

3

-

3

-

-

-

-

-

-

20

2

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,9

63

2,6

15

183

4

42

91,

702

87,

674

12,

403

19,

271

942

Bond

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eSh

ield

Shie

ldFu

ndPl

usPe

nsio

nFu

nd

Fund

- 201

2Fu

nd- 2

014

Fund

- 201

7Fu

nd- I

Fund

- II

Fund

Fund

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash

Plu

s


69

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accr

ued

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Inte

rest

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accr

ued

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Inte

rest

Debt

Fund

Pl

usPe

nsio

nFu

ndGa

inGr

owth

Grow

thIn

dex

Inde

xFu

ndFu

ndFu

ndFu

ndPe

nsio

n Fu

ndFu

ndFu

nd -

II

Debt

Debt

Plu

sEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Equi

ty

37,1

28

36,

835

4,7

99

-

-

5,4

10

-

-

-

11,7

46

54,

343

15,

458

29,

211

75,

597

1,6

00,7

97

77,

507

18,

376

1,7

76,6

36

-

-

-

580

-

5

,232

2

26

316

4

,537

-

-

-

3,4

62

8,5

54

844

,020

-

1

,891

2

8,80

5

-

-

-

-

-

-

-

-

-

-

-

-

-

2,2

89

146

,436

3

,858

-

9

2,07

9

-

-

-

-

-

-

-

-

-

48,8

74

91,

178

20,

257

33,

253

86,

440

2,6

01,8

95

81,

591

20,

583

1,9

02,0

57

Equi

tyIn

dex

Pens

ion

Mid

cap

Mid

cap

Mid

cap

Plus

Pens

ion

Debt

Liqu

idPe

nsio

n Fu

nd

Fund

- II

Fund

Pe

nsio

n Fu

ndPl

us Fu

ndFu

ndFu

nd

Fund

Fund

Equi

ty In

dex

Equi

tyEq

uity

Equi

tyEq

uity

Equi

ty P

lus

Grou

pGr

oup

-

-

-

-

-

614

-

2

6,16

5 -

-

133

,329

1

8,36

9 -

2

7,86

0 8

6,07

0 8

,968

2

75,5

83

799

,111

24

302

3

29

36

563

-

-

-

-

143

1,8

90

-

-

-

12,

801

868

-

-

-

-

-

-

-

-

-

-

-

-

7,0

37

-

-

-

3,4

26

233

-

-

-

-

-

-

-

-

-

-

-

167

142

,558

1

8,69

8 3

6 2

8,42

3 1

02,9

11

10,

069

301

,748

7

99,1

11


70

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accr

ued

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Inte

rest

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accr

ued

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Inte

rest

Grou

p Te

rm D

ebt

Gain

Pens

ion

Fund

Bala

nced

Bond

Debt

Equi

tyEq

uity

Gai

nFu

ndFu

ndFu

ndFu

ndFu

ndFu

ndFu

ndFu

nd

Shor

tLi

fe Lo

ngLi

quid

Liqu

idPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

r

531

4,1

44

97

4,2

04

-

8,0

99

4,1

91

-

858

10,0

18

1,1

92

2,6

48

19,

456

-

11,

925

123

1

74

6,2

38

-

-

-

-

-

-

-

59

-

-

-

-

-

-

-

-

352

7

,323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165

-

-

-

-

-

-

-

-

-

10,5

49

5,3

36

2,7

45

23,

660

-

20,

024

4,3

14

585

1

4,58

4

Prem

ier

Equi

ty G

row

thEq

uity

Inde

xEq

uity

Stoc

kSt

ock

Fund

Fund

Fund

Fund

Fund

Fund

Pens

ion

Fund

Prem

ier

Pure

Pure

Pure

Secu

reSt

able

Tota

l

-

68

-

-

-

10,

669

5,5

77

507

,569

14,5

80

13,

362

16,

331

66,

169

649

1

1,40

8 1

95

6,4

23,8

46

205

143

7

59

1,5

35

8

-

-

16,

047

-

856

-

9

70

-

-

-

919

,538

-

-

-

-

-

-

-

-

-

-

12,

864

27,

136

197

-

-

3

07,0

64

-

-

-

-

-

-

-

-

14,7

85

14,

429

29,

954

95,

810

854

2

2,07

7 5

,772

8

,174

,064


71

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

-

6,0

76

114

,354

5

0,79

3 1

,010

-

-

-

-

34

259

4

,704

1

8,67

8 7

09

-

-

-

2,4

50

-

-

-

-

-

-

-

-

-

34

6,3

35

119

,058

6

9,47

1 1

,719

-

-

-

2

,450

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Plus

Fund

Fund

Fund

Pen

sion

Fund

Fund

Pens

ion

Fund

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bala

nced

Bala

nced

Bala

nced

Bond

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

Bond

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eSh

ield

Shie

ldFu

ndPl

usPl

usFu

nd

Fund

- 201

2Fu

nd- 2

014

Fund

- 201

7Fu

nd- I

Fund

- II

Fund

Pens

ion

Fund

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash

-

1

-

-

-

-

-

-

-

269

130

9

5

4 1

,740

1

,009

2

,346

9

62

64

-

-

-

-

-

-

-

-

-

269

131

9

5

4 1

,740

1

,009

2

,346

9

62

64

Debt

Fund

Plus

Plus

Fund

Gain

Grow

thGr

owth

Inde

xIn

dex

Fund

Pens

ion

Fund

Fund

Fund

Pens

ion

Fund

Fund

Fund

- II

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

-

-

-

13,

763

33,

070

1,2

23,7

89

21,

520

7,6

29

978

,400

2,77

8 9

59

97

6,2

93

17,

088

53,

697

2,3

04

1,5

24

28,

103

-

-

-

-

-

-

-

-

-

2,77

8 9

59

97

20,

056

50,

158

1,2

77,4

86

23,

824

9,1

53

1,0

06,5

03


72

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

Equi

tyIn

dex

Inde

x Pe

nsio

nM

idca

pM

idca

pM

idca

pPl

usPl

usDe

btLi

quid

Pens

ion

Fund

Fund

- II

Fund

Pens

ion

Fund

Plus

Fund

Fund

Pens

ion

Fund

Fund

Fund

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Grou

pGr

oup

802

63,

108

-

-

-

49,

489

3,3

58

-

-

616

1,8

66

2,4

24

1,2

03

1,9

90

14,

025

956

8

33

61

-

-

-

-

-

-

-

-

-

1,41

8 6

4,97

4 2

,424

1

,203

1

,990

6

3,51

4 4

,314

8

33

61

Grou

pSh

ort T

erm

Gain

Pens

ion

Fund

Bala

nced

Bond

Debt

Equi

tyEq

uity

Debt

Fund

Fund

Fu

nd

Fu

nd

Fun

d Fu

nd

Fund

G

ain

Fund

Life

Long

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

-

-

-

-

-

-

-

5

2,4

04

8 3

53

40

603

-

6

23

279

6

43

1,0

24

-

-

-

-

-

-

-

-

-

8 3

53

40

603

-

6

23

279

6

48

3,4

28

Prem

ier

Equi

tyEq

uity

Equi

tySt

ock

Stoc

kFu

ndFu

ndGr

owth

Fund

Inde

x Fu

ndFu

ndFu

nd P

ensi

on Fu

nd

Prem

ier

Pure

Pure

Pure

Secu

reSt

able

Tota

l

-

2,9

15

55,

271

116

,772

8

92

-

-

2,7

45,4

21

3,16

2 1

,904

8

80

2,1

01

11

471

3

31

182

,667

-

-

-

-

-

-

-

-

3,16

2 4

,819

5

6,15

1 1

18,8

73

903

4

71

331

2

,928

,088


73

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Plus

Fund

Fund

Fund

Pen

sion

Fund

Fund

Pens

ion

Fund

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bala

nced

Bala

nced

Bala

nced

Bond

-

2,2

38

138

,126

8

80,9

68

13,

132

-

-

-

106

,285

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

83

105

,768

2

66,8

48

2,2

17

-

-

-

70,

532

-

7

14,

324

18,

656

111

-

-

-

2

3,88

7

-

-

-

-

-

-

-

-

-

-

16

213

9

48

32

-

-

-

118

32

290

2

7,48

8 3

39,6

53

2,5

81

-

-

-

40,

231

32

2,6

34

285

,918

1

,507

,073

1

8,07

3 -

-

-

2

41,0

63

Pol

icy A

dmin

istra

tion

Char

ge

Sur

rend

er C

harg

e

Sw

itchi

ng C

harg

e

Mor

talit

y Cha

rge

Rid

er P

rem

ium

Cha

rge

Par

tial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Ser

vice

Tax

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Polic

y Adm

inist

ratio

n Ch

arge

Surr

ende

r Cha

rge

Switc

hing

Cha

rge

Mor

talit

y Cha

rge

Ride

r Pre

miu

m C

harg

e

Part

ial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Serv

ice

Tax

Tota

l

Bond

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eSh

ield

Shie

ldFu

ndPl

usPl

usFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Fund

- IFu

nd- I

I

Fun

d P

ensi

on Fu

nd

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash

1,96

3 2

,300

1

50

1,0

89

-

-

1

11,

210

4,2

48

-

-

-

-

-

-

-

-

-

4 -

-

-

-

-

1

75

845

6

1

59

1,7

74

140

7

44

-

-

33,

931

84,

188

1,0

71

4 -

-

-

-

-

1

3,67

8 3

,188

9

7

-

-

-

-

-

-

-

-

-

9 9

1

4

-

-

1

23

314

9

1,00

9 2

79

20

120

5

08

156

4

,140

2

,258

1

17

3,04

9 4

,362

3

11

1,9

58

508

1

56

52,

048

102

,003

5

,603


74

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Pol

icy A

dmin

istra

tion

Char

ge

Sur

rend

er C

harg

e

Sw

itchi

ng C

harg

e

Mor

talit

y Cha

rge

Rid

er P

rem

ium

Cha

rge

Par

tial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Ser

vice

Tax

Tota

l

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Polic

y Adm

inist

ratio

n Ch

arge

Surr

ende

r Cha

rge

Switc

hing

Cha

rge

Mor

talit

y Cha

rge

Ride

r Pre

miu

m C

harg

e

Part

ial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Serv

ice

Tax

Tota

l

Debt

Fund

Plus

Plus

Fund

Gain

Grow

thGr

owth

Inde

xIn

dex

Fund

Pens

ion

Fund

Fund

Fund

Pens

ion

Fund

Fund

Fu

nd -

II

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

-

15,

369

2,3

26

-

-

1,6

64,5

93

20,

202

31,

352

1,5

51,3

12

-

-

-

-

-

-

-

-

-

36

206

4

4 5

6 1

85

4

2

318

8

35,6

31

14,

128

1,4

76

96,

082

225

,493

1

,157

,353

7

84

23,

572

858

,700

9,88

9 3

,607

1

93

25,

180

32,

085

154

,122

3

5 5

,694

1

30,1

25

-

-

-

-

-

-

-

-

-

285

302

1

1 1

,066

2

,012

2

,417

1

24

504

1

,506

3,85

8 3

,555

1

85

9,9

63

23,

442

392

,524

3

,014

5

,058

5

47,6

34

49,6

99

37,

166

4,2

35

132

,347

2

83,2

17

3,3

71,0

13

24,

162

66,

498

3,0

89,2

85

Equi

tyIn

dex

Pens

ion

Mid

cap

Mid

cap

Mid

cap

Plus

Plus

Debt

Liqu

idPe

nsio

n Fu

ndFu

nd -

IIFu

ndPe

nsio

n Fu

ndPl

us Fu

ndFu

ndPe

nsio

n Fu

ndFu

nd Fu

nd

Equi

ty In

dex

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyGr

oup

Grou

p

2,72

0 2

6,52

0 -

-

1

6,04

2 1

22,6

16

13,

855

--

-

-

-

-

-

-

-

--

15

2

27

2

90

967

1

25

--

1,39

2 2

,015

3

3,75

9 3

49

16,

035

199

,382

3

,881

-

-

266

96

7,0

63

53

5,4

09

28,

946

571

-

-

-

-

-

-

-

-

-

--

15

119

2

88

11

479

3

,056

1

43

--

206

4,7

76

3,6

59

112

3

,913

2

8,49

2 9

87

507

29

4,61

3 3

3,52

8 4

4,79

6 5

27

41,

969

383

,459

1

9,56

2 5

0729

(Am

ount

in R

s. '0

00)

(Am

ount

in R

s. '0

00)


75

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Pol

icy A

dmin

istra

tion

Char

ge

Sur

rend

er C

harg

e

Sw

itchi

ng C

harg

e

Mor

talit

y Cha

rge

Rid

er P

rem

ium

Cha

rge

Par

tial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Ser

vice

Tax

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Polic

y Adm

inist

ratio

n Ch

arge

Surr

ende

r Cha

rge

Switc

hing

Cha

rge

Mor

talit

y Cha

rge

Ride

r Pre

miu

m C

harg

e

Part

ial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Serv

ice

Tax

Tota

l

Grou

pSh

ort T

erm

Ga

inPe

nsio

nFu

ndBa

lanc

edBo

ndDe

btEq

uity

Equi

tyDe

bt Fu

nd

Fund

Fund

Fund

F

und

Fund

F

und

Gai

n Fu

nd

Life

Long

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

-

-

1,0

30

30,

108

-

1,9

54

4,1

39

9,7

81

15,

538

-

-

-

-

-

-

-

-

-

-

-

-

2

-

3

18

4

8

-

4,5

22

7

20,

270

-

1,3

53

3,2

73

4,4

99

6,4

08

-

-

-

7,0

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

2

34

-

15

11

122

9

2

1 4

93

75

22,

530

-

669

3

25

863

1

,424

1 5

,031

1

,114

7

9,95

7 -

3

,994

7

,766

1

5,27

0 2

3,47

1

Prem

ier

Equi

ty G

row

th

Equi

tyEq

uity

Stoc

kSt

ock

Fund

Fund

Fund

In

dex

Fund

Fu

nd

Fund

Pen

sion

Fund

Prem

ier

Pure

Pure

Pure

Secu

reSt

able

Tota

l

21,4

57

9,4

35

77,

826

185

,033

3

8 -

-

4

,984

,956

-

-

-

-

-

-

-

-

1 1

-

-

-

-

-

3

,219

15,1

16

6,5

30

31,

853

67,

718

3

-

-

3,3

98,9

39

-

-

3,1

68

9,0

42

-

-

-

496

,510

-

-

-

-

-

-

-

-

148

83

143

5

9 -

-

-

14,

860

3,68

7 2

,085

5

,017

2

9,30

6 2

2 2

71

205

1

,517

,770

40,4

09

18,

135

118

,007

2

91,1

58

63

271

2

05

10,

416,

254


76

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

Sch

edul

eAc

cele

rate

d Ac

c Mid

Cap

Acc M

id C

apAs

set

Asse

tBa

lanc

edBa

lanc

edBa

lanc

edFu

nd

Pen

sion

Fund

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Fund

Plus

Pen

sion

Fund

Pe

nsio

n Fu

ndFu

nd

Part

icul

ars

(Am

ount

in R

s. '0

00)

Sch

edul

eAc

cele

rate

d Ac

c Mid

Cap

Acc M

id C

apAs

set

Asse

tBa

lanc

edBa

lanc

edBa

lanc

edFu

nd

Pen

sion

Fund

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Fund

Plus

Pen

sion

Fund

Pe

nsio

n Fu

ndFu

nd

Part

icul

ars

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

2,63

2 2

7 6

82

63,

816

614

-

-

-

13

0 1

,431

1

4,20

5 6

,543

2

2 -

-

-

11

,429

2

9,48

9 2

30,1

09

19,

357

5

-

-

-

(163

) (1

6) (2

21)

(4,5

80)

-

-

-

-

(1,0

78)

(10,

274)

(99,

370)

(521

,500

) (2

,180

) -

-

-

1,

019

736

1

0,21

2 1

1,66

9 9

8 -

-

-

13

,969

2

1,39

3 1

55,6

17

(424

,695

) (1

,441

) -

-

-

-

-

-

-

-

-

-

-

853

2,2

85

24,

749

23,

419

186

-

-

-

-

9

23

174

,155

2

50,5

18

272

-

-

-

85

3 3

,208

1

98,9

04

273

,937

4

58

-

-

-

13,1

16

18,

185

(43,

287)

(698

,632

) (1

,899

) -

-

-

4,

207

1,6

92

(8,2

20)

-

-

-

-

-

17,3

23

19,

877

(51,

507)

(698

,632

) (1

,899

) -

-

-

50,1

03

183

,700

2

,563

,250

1

0,84

2,77

6 2

88,2

58

1,5

03,1

03

923

,231

1

19,9

80

17,3

23

19,

877

(51,

507)

(698

,632

) (1

,899

) -

-

-

67

,426

2

03,5

77

2,5

11,7

43

10,

144,

144

286

,359

1

,503

,103

9

23,2

31

119

,980

64,0

31

196

,587

2

,341

,321

8

,887

,638

2

00,2

48

1,5

03,0

32

923

,222

1

19,9

78

3,46

1 1

5,98

7 2

11,3

37

1,4

89,4

18

93,

838

71

9

2

66

8,9

97

40,

915

232

,912

7

,727

-

-

-

3,

395

6,9

90

170

,422

1

,256

,506

8

6,11

1 7

1 9

2

67,4

26

203

,577

2

,511

,743

1

0,14

4,14

4 2

86,3

59

1,5

03,1

03

923

,231

1

19,9

80

67,4

26

203

,577

2

,511

,743

1

0,14

4,14

4 2

86,3

59

1,5

03,1

03

923

,231

1

19,9

80

4,63

5 1

3,45

1 1

66,9

30

1,0

16,8

69

29,

724

94,

731

51,

924

7,1

09

14.5

47

15.

135

15.

047

9.9

76

9.6

34

15.

867

17.

780

16.

877


77

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Bala

ncer

Fund

Pens

ion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eFu

ndFu

ndFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Bala

ncer

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

Cash

Bala

ncer

Fund

Pens

ion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eFu

ndFu

ndFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Bala

ncer

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

Cash

-

-

56,

954

4,9

33

6,2

45

424

2

,256

1

7,96

7 -

-

-

-

2

69

24

223

-

-

-

4

,835

8

18

1,3

82

89

763

8

,400

-

-

5

25

335

(3

11)

(80)

(3)

(918

)-

-

(3

,923

) 8

7 2

,635

4

22

3,2

30

30

-

-

16,

089

1,4

29

234

1

5 3

05

80,

471

-

-

74,

480

7,6

02

10,

454

894

6

,774

1

05,9

50

-

-

-

-

-

-

-

12,

533

-

-

7,3

17

638

1

,334

9

5 6

54

9,9

71

-

-

135

,338

9

01

2,9

13

206

1

,316

2

3,55

4 -

-

1

42,6

55

1,5

39

4,2

47

301

1

,970

4

6,05

8 -

-

(6

8,17

5) 6

,063

6

,207

5

93

4,8

04

59,

892

-

-

5,0

74

670

(9

6) (7

9) (2

00)

66,

437

-

-

(63,

101)

6,7

33

6,1

11

514

4

,604

1

26,3

29

-

-

1,2

53,8

18

91,

745

111

,220

7

,796

5

0,38

3 8

56,3

59

-

-

(63,

101)

6,7

33

6,1

11

514

4

,604

1

26,3

29

-

-

1,1

90,7

17

98,

478

117

,331

8

,310

5

4,98

7 9

82,6

88

-

-

1,0

83,6

50

92,

157

114

,922

8

,126

5

4,00

7 9

56,9

68

-

-

115

,049

1

1,47

1 2

,534

1

93

1,0

39

27,

578

-

-

7,9

82

5,1

50

125

9

5

9 1

,858

-

-

1

07,0

67

6,3

21

2,4

09

184

9

80

25,

720

-

-

1,1

90,7

17

98,

478

117

,331

8

,310

5

4,98

7 9

82,6

88

-

-

1,1

90,7

17

98,

478

117

,331

8

,310

5

4,98

7 9

82,6

88

-

-

104

,380

8

,529

1

0,68

7 7

52

4,8

58

80,

744

-

-

11.

408

11.

546

10.

979

11.

051

11.

319

12.

170


78

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Cas

h Pl

usFu

nd P

ensi

onFu

ndFu

ndPe

nsio

nFu

ndGa

inGr

owth

Fund

Fu

ndFu

ndFu

nd

Cash

Plu

sDe

btDe

bt P

lus

Debt

Plu

sEq

uity

Equi

tyEq

uity

Cas

h Pl

usFu

nd P

ensi

onFu

ndFu

ndPe

nsio

nFu

ndGa

inGr

owth

Fund

Fu

ndFu

ndFu

nd

Cash

Plu

sDe

btDe

bt P

lus

Debt

Plu

sEq

uity

Equi

tyEq

uity

35,4

32

3,5

78

94,

540

107

,270

8

,929

3

63

4,5

58

8,3

33

-

-

-

-

-

48,

982

65,

877

123

,238

11

,559

2

,096

2

,671

5

,981

7

88

501

,265

9

48,2

15

1,6

23,8

82

(1,3

68)

(160

) (1

0,74

9) (5

,525

) (1

62)

(10)

(1,1

92)

(2,8

49)

7 -

2

3,79

0 1

3,78

3 1

,010

4

28,8

83

(86,

527)

(1,3

74,3

80)

150,

637

12,

109

20,

586

31,

880

2,2

18

1,7

81

35,

766

108

,146

19

6,26

7 1

7,62

3 1

30,8

38

153

,389

1

2,78

3 9

81,2

64

966

,697

4

86,3

70

-

-

15,

182

-

-

60,

602

108

,475

-

13

,086

1

,091

1

2,07

6 1

0,24

2 8

49

48,

255

129

,715

2

97,7

04

20,1

77

1,4

12

19,

184

23,

445

2,0

08

53,

431

94,

516

1,8

69,8

86

33,2

63

2,5

03

46,

442

33,

687

2,8

57

162

,288

3

32,7

06

2,1

67,5

90

163,

004

15,

120

84,

396

119

,702

9

,926

8

18,9

76

633

,991

(1

,681

,220

)22

0,08

2 1

0,41

5 4

9,21

6 5

9,07

8 7

,208

1

,264

,084

1

,243

,295

(7

9,68

1)38

3,08

6 2

5,53

5 1

33,6

12

178

,780

1

7,13

4 2

,083

,060

1

,877

,286

(1

,760

,901

)

1,37

6,69

5 8

6,21

6 4

07,5

35

1,1

11,3

69

65,

700

1,8

51,4

92

7,2

49,0

11

28,

020,

683

383,

086

25,

535

133

,612

1

78,7

80

17,

134

2,0

83,0

60

1,8

77,2

86

(1,7

60,9

01)

1,75

9,78

1 1

11,7

51

541

,147

1

,290

,149

8

2,83

4 3

,934

,552

9

,126

,297

2

6,25

9,78

2

1,71

1,48

3 1

07,3

86

482

,003

1

,143

,620

7

6,26

8 3

,868

,996

8

,902

,318

2

4,50

7,70

2 49

,321

4

,431

6

9,52

1 1

57,6

33

6,6

47

82,

114

244

,851

2

,036

,366

1,

023

66

10,

377

11,

104

81

16,

558

20,

872

284

,286

48

,298

4

,365

5

9,14

4 1

46,5

29

6,5

66

65,

556

223

,979

1

,752

,080

1,

759,

781

111

,751

5

41,1

47

1,2

90,1

49

82,

834

3,9

34,5

52

9,1

26,2

97

26,

259,

782

1,75

9,78

1 1

11,7

51

541

,147

1

,290

,149

8

2,83

4 3

,934

,552

9

,126

,297

2

6,25

9,78

2 13

7,47

6 8

,781

4

6,91

6 1

06,6

20

6,6

72

177

,975

3

32,3

07

1,9

44,7

13

12.8

01

12.

726

11.

534

12.

100

12.

415

22.

107

27.

463

13.

503


79

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Equi

ty G

row

thPe

nsio

nIn

dex

Inde

xPe

nsio

nPe

nsio

nM

idca

pPe

nsio

nPl

usFu

nd

Fund

Fund

- II

Fund

Fund

- II

Fund

Fund

Fund

Equi

tyEq

uity

Equi

ty In

dex

Equi

ty In

dex

Equi

tyEq

uity

Mid

cap

Equi

ty M

idca

p

Equi

ty G

row

thPe

nsio

nIn

dex

Inde

xPe

nsio

nPe

nsio

nM

idca

pPe

nsio

nPl

usFu

nd

Fund

Fund

- II

Fund

Fund

- II

Fund

Fund

Fund

Equi

tyEq

uity

Equi

ty In

dex

Equi

ty In

dex

Equi

tyEq

uity

Mid

cap

Equi

ty M

idca

p

279

-

265

-

2

1

51

2

1,9

33

7,10

6 2

3,32

0 6

0,59

5 1

,981

4

,205

1

4,66

7 1

,847

2

6,31

8 17

1,37

5 2

35,4

18

123

,354

3

0,53

6 1

7,94

6 2

51,4

63

37,

922

458

,734

(2

63)

(7)

(132

) 6

1

2 (2

15)

4

(172

)(1

75,2

91)

172

,949

(4

55,7

41)

6,0

92

(78,

811)

(83,

303)

(10,

195)

(109

,652

)5,

917

1,0

01

8,3

32

86

720

7

,433

9

34

11,

421

9,12

3 4

32,6

81

(263

,327

) 3

8,70

1 (5

5,92

6) 1

90,1

96

30,

514

388

,582

-

-

-

-

-

16,

274

-

-

17,7

34

23,

282

83,

775

1,9

62

5,9

30

19,

453

2,3

42

33,

334

10,8

76

37,

234

877

,858

1

,963

7

,374

1

7,95

6 1

,105

2

4,35

8 28

,610

6

0,51

6 9

61,6

33

3,9

25

13,

304

53,

683

3,4

47

57,

692

(19,

487)

372

,165

(1

,224

,960

) 3

4,77

6 (6

9,23

0) 1

36,5

13

27,

067

330

,890

(8

93)

439

,152

(7

,502

) 4

7,32

3 3

,287

2

44,4

33

34,

949

520

,320

(2

0,38

0) 8

11,3

17

(1,2

32,4

62)

82,

099

(65,

943)

380

,946

6

2,01

6 8

51,2

10

1,49

9,41

4 1

,217

,355

1

6,75

0,35

8 5

4,78

6 1

,366

,634

9

73,7

88

87,

721

1,3

64,0

51

(20,

380)

811

,317

(1

,232

,462

) 8

2,09

9 (6

5,94

3) 3

80,9

46

62,

016

851

,210

1,

479,

034

2,0

28,6

72

15,

517,

896

136

,885

1

,300

,691

1

,354

,734

1

49,7

37

2,2

15,2

61

1,35

1,47

3 1

,961

,908

1

3,91

1,43

5 1

34,1

38

1,1

30,9

84

1,3

30,0

28

142

,176

2

,133

,680

12

9,50

1 7

6,91

3 1

,913

,486

3

,254

2

01,6

83

56,

192

11,

192

106

,131

1,

940

10,

149

307

,025

5

07

31,

976

31,

486

3,6

31

24,

550

127,

561

66,

764

1,6

06,4

61

2,7

47

169

,707

2

4,70

6 7

,561

8

1,58

1 1,

479,

034

2,0

28,6

72

15,

517,

896

136

,885

1

,300

,691

1

,354

,734

1

49,7

37

2,2

15,2

61

1,47

9,03

4 2

,028

,672

1

5,51

7,89

6 1

36,8

85

1,3

00,6

91

1,3

54,7

34

149

,737

2

,215

,261

11

1,42

1 7

2,51

5 1

,022

,062

5

,564

8

7,34

4 6

4,29

2 6

,345

9

9,50

0 13

.274

2

7.97

6 1

5.18

3 2

4.60

1 1

4.89

2 2

1.07

2 2

3.59

9 2

2.26

4


80

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Equi

tyPl

usPl

usDe

btLo

ngPe

nsio

nFu

ndBa

lanc

edBa

lanc

erFu

ndPe

nsio

n Fu

ndFu

ndGa

in Fu

ndFu

ndFu

ndFu

nd

Equi

tyGr

oup

Life

Liqu

idLi

quid

Prem

ier

Prem

ier

Equi

tyPl

usPl

usDe

btLo

ngPe

nsio

nFu

ndBa

lanc

edBa

lanc

erFu

ndPe

nsio

n Fu

ndFu

ndGa

in Fu

ndFu

ndFu

ndFu

nd

Equi

tyGr

oup

Life

Liqu

idLi

quid

Prem

ier

Prem

ier

6,87

0 5

25

7

10,

093

577

4

,158

-

-

10

4,49

8 7

,875

-

-

-

-

-

-

1,

754,

944

163

,180

1

4 8

31

147

1

,163

-

-

(1

,818

) (1

53)

-

(144

) (2

5) (1

69)

-

-

(379

,292

) (3

9,79

1) -

5

14

-

-

-

-

54,0

16

3,1

65

-

2,7

79

1,8

54

16,

190

-

-

1,53

9,21

8 1

34,8

01

21

14,

073

2,5

53

21,

342

-

-

-

-

-

1,7

23

-

-

-

-

212,

979

15,

276

21

1,3

79

233

1

,956

-

-

13

6,33

1 7

,398

-

2

,098

1

,228

3

5,54

0 -

-

34

9,31

0 2

2,67

4 2

1 5

,200

1

,461

3

7,49

6 -

-

1,

189,

908

112

,127

-

8

,873

1

,092

(1

6,15

4) -

-

2,

231,

992

189

,942

-

3

,232

3

28

1,8

32

-

-

3,42

1,90

0 3

02,0

69

-

12,

105

1,4

20

(14,

322)

-

-

11,0

72,4

63

675

,071

4

6,15

7 1

67,0

28

26,

486

344

,378

7

7,11

4 -

3,

421,

900

302

,069

-

1

2,10

5 1

,420

(1

4,32

2) -

-

14

,494

,363

9

77,1

40

46,

157

179

,133

2

7,90

6 3

30,0

56

77,

114

-

14,0

51,8

81

966

,982

-

1

67,6

99

24,

894

308

,451

7

7,11

4 -

48

0,07

3 1

1,43

1 4

6,15

7 1

1,75

7 3

,031

2

1,84

5 -

-

37

,591

1

,273

-

3

23

19

240

-

-

44

2,48

2 1

0,15

8 4

6,15

7 1

1,43

4 3

,012

2

1,60

5 -

-

14

,494

,363

9

77,1

40

46,

157

179

,133

2

7,90

6 3

30,0

56

77,

114

-

14,4

94,3

63

977

,140

4

6,15

7 1

79,1

33

27,

906

330

,056

7

7,11

4 -

51

2,03

5 3

9,17

8 4

,616

1

6,69

2 2

,421

2

8,54

7 5

,799

-

28

.307

2

4.94

1 9

.999

1

0.73

2 1

1.52

7 1

1.56

2 1

3.29

8 -


81

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Bond

Debt

Equi

tyEq

uity

Gai

nEq

uity

Gro

wth

Equi

ty In

dex

Equi

tySt

ock

Fund

Fund

Fund

Fu

ndFu

ndFu

ndFu

nd

Fund

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

Pure

Bond

Debt

Equi

tyEq

uity

Gai

nEq

uity

Gro

wth

Equi

ty In

dex

Equi

tySt

ock

Fund

Fund

Fund

Fu

ndFu

ndFu

ndFu

nd

Fund

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

Pure

12,8

44

18,

222

-

1,1

87

582

-

-

-

-

-

6

,128

7

,890

1

3,08

6 6

,305

6

,735

3

,017

1,

540

2,1

69

95,

626

170

,635

2

73,7

01

29,

830

75,

947

21,

473

436

(284

) 4

(1

35)

(313

) (4

) (5

0) (4

2)49

2 1

,678

3

0,16

4 (5

7,65

7) (1

90,9

68)

22,

798

6,2

05

(7,0

08)

3,53

0 5

,303

1

84

3,0

36

7,9

32

477

3

,887

2

,523

18

,842

2

7,08

8 1

32,1

06

124

,956

1

04,0

20

59,

406

92,

724

19,

963

-

-

-

-

-

-

-

-

4,92

6 5

,624

1

3,45

8 2

2,11

8 4

7,77

9 1

7,97

0 8

,387

5

,482

2,

194

5,4

40

12,

416

20,

548

21,

036

7,4

79

55,

070

157

,290

7,

120

11,

064

25,

874

42,

666

68,

815

25,

449

63,

457

162

,772

11

,722

1

6,02

4 1

06,2

32

82,

290

35,

205

33,

957

29,

267

(142

,809

)1,

357

9,0

80

81,

177

94,

057

25,

844

11,

342

19,

514

225

13

,079

2

5,10

4 1

87,4

09

176

,347

6

1,04

9 4

5,29

9 4

8,78

1 (1

42,5

84)

163,

761

134

,655

3

15,8

04

647

,812

1

,852

,476

9

41,7

38

614

,405

8

07,7

09

13,0

79

25,

104

187

,409

1

76,3

47

61,

049

45,

299

48,

781

(142

,584

)17

6,84

0 1

59,7

59

503

,213

8

24,1

59

1,9

13,5

25

987

,037

6

63,1

86

665

,125

169,

260

154

,350

5

03,6

55

837

,409

1

,911

,964

9

41,0

37

629

,414

6

23,7

62

7,98

2 6

,646

6

14

680

5

4,04

3 5

8,42

3 3

5,53

5 4

4,71

8 40

2 1

,237

1

,056

1

3,93

0 5

2,48

2 1

2,42

3 1

,763

3

,355

7,

580

5,4

09

(442

) (1

3,25

0) 1

,561

4

6,00

0 3

3,77

2 4

1,36

3 17

6,84

0 1

59,7

59

503

,213

8

24,1

59

1,9

13,5

25

987

,037

6

63,1

86

665

,125

17

6,84

0 1

59,7

59

503

,213

8

24,1

59

1,9

13,5

25

987

,037

6

63,1

86

665

,125

15

,941

1

3,96

8 3

0,99

1 5

6,97

0 1

45,5

81

66,

708

45,

632

47,

150

11.0

93

11.

438

16.

237

14.

467

13.

144

14.

796

14.

533

14.

107


82

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

INCO

ME

FROM

INVE

STM

ENTS

EXPE

NSES

Inte

rest

Inco

me

Divi

dend

Inco

me

Prof

it/(L

oss)

exc

ludi

ng in

ter s

chem

ePr

ofit/

(Los

s) o

n in

ter f

und

tran

sfer

/sal

e of

inve

stm

ent

Unre

alise

d Ga

in/(

Loss

)M

iscel

lane

ous I

ncom

eTo

tal I

ncom

e (A

)

Fund

Adm

inist

ratio

n Ex

pens

esFu

nd M

anag

emen

t Exp

ense

sOt

her c

harg

esF -

5To

tal E

xpen

ses (

B)Ne

t Inc

ome/

(Los

s) fo

r the

Yea

r (A-

B)Ad

d: R

even

ue A

ccou

nt a

t the

beg

inni

ng o

f the

year

Fund

Rev

enue

Acc

ount

at t

he e

nd o

f the

year

Sch

edul

e

Sch

edul

e

Part

icul

ars

(Am

ount

in R

s. '0

00)

Part

icul

ars

SOUR

CES

OF FU

NDS

APPL

ICAT

ION

OF FU

NDS

Polic

y Hol

der's

Fund

s: Po

licy H

olde

rs C

ontr

ibut

ion

F -1

Reve

nue

Acco

unt

Tota

l

Inve

stm

ents

F -2

Curr

ent A

sset

sF -

3Le

ss : C

urre

nt Li

abili

ties a

nd P

rovi

sions

F -4

Net C

urre

nt A

sset

s To

tal

(a)N

et A

sset

s as p

er B

alan

ce S

heet

(Rs.

in th

ousa

nds)

(b

)Num

ber o

f Uni

ts O

utst

andi

ng (i

n th

ousa

nds)

Ne

t Ass

et V

alue

per

uni

t (a)

/(b)

(Rs.)

*

*Not

e: T

he N

et A

sset

Val

ue p

er u

nit c

alcu

late

d ab

ove

is b

efor

e ap

prop

riatio

n/ e

x pr

opria

tion

char

ge.

Secu

reSt

able

Tota

l Fu

ndFu

nd

Secu

reSt

able

Tota

l Fu

ndFu

nd

1,77

8 3

5,66

8 5

14,6

96

4 5

49

557

,070

23

4 4

6,58

7 7

,367

,902

(4

06)

(3)

(31,

320)

(1,3

76)

(34,

893)

(3,0

08,4

41)

168

5,0

90

631

,378

40

2 5

2,99

8 6

,031

,285

-

-

214

,789

30

0 6

,676

1

,136

,895

-

-

4

,116

,947

30

0 6

,676

5

,468

,631

10

2 4

6,32

2 5

62,6

54

458

11,

462

6,8

06,0

93

560

57,

784

7,3

68,7

47

341,

730

1,6

15,6

33

102

,172

,950

56

0 5

7,78

4 7

,368

,747

34

2,29

0 1

,673

,417

1

09,5

41,6

97

173,

178

1,6

83,4

05

102

,665

,940

18

9,57

8 4

4,31

0 8

,138

,046

20

,466

5

4,29

8 1

,262

,289

16

9,11

2 (9

,988

) 6

,875

,757

34

2,29

0 1

,673

,417

1

09,5

41,6

97

342,

290

1,6

73,4

17

26,1

66

128

,396

13

.081

1

3.03

3


83

stFu

nd B

alan

ce S

heet

as a

t 31

Mar

ch 2

008

Form

A-B

S (U

L)A

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

stFu

nd R

even

ue A

ccou

nt fo

r the

yea

r end

ed 3

1 M

arch

200

8Fo

rm A

-RA

(UL)

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

Debt

Fund

P

lus

Pens

ion

Fund

Gain

Grow

thPe

nsio

nIn

dex

Inde

x Fu

ndFu

ndFu

nd Fu

ndFu

nd Fu

nd

Fund

- II

Debt

Debt

Plu

sEq

uity

Equi

tyEq

uity

Equi

ty G

row

thEq

uity

Equi

ty

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Plus

Fund

Fund

Fund

Pens

ion

Fund

Fund

Pens

ion

Fund

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bala

nced

Bala

nced

Bala

nced

Bala

ncer

63,8

72

73,

780

734

,229

-

-

1

,453

,287

1

,025

,949

1

00,6

13

35,

054

9,95

7 1

60,6

13

2,1

39,3

63

11,

181,

691

296

,392

8

80,1

36

902

,016

6

7,25

8 -

23

,726

5

0,69

3 3

10,3

42

338

,915

8

,134

8

30,3

20

1,0

04,7

34

47,

891

35,

054

50,1

03

183

,700

2

,563

,250

1

0,84

2,77

6 2

88,2

58

1,5

03,1

03

923

,231

1

19,9

80

-

Bala

ncer

Pe

nsio

nFu

ndPe

nsio

nGu

aran

tee

Guar

ante

eGu

aran

tee

Fund

Plus

Plus

Fund

Fund

Fund

- 201

2Fu

nd- 2

014

Fund

- 201

7Fu

ndPe

nsio

n Fu

nd

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash

6,58

6 4

01,8

46

34,

571

83,

047

5,8

29

40,

789

871

,587

1

,546

,672

1

16,6

82

-

1,6

20,7

49

241

,944

3

2,64

7 2

,279

1

1,44

0 1

,123

,205

2

,811

,423

2

03,6

06

6,58

6 7

68,7

77

184

,770

4

,474

3

12

1,8

46

1,1

38,4

33

2,9

81,4

00

234

,072

-

1

,253

,818

9

1,74

5 1

11,2

20

7,7

96

50,

383

856

,359

1

,376

,695

8

6,21

6

414,

657

611

,762

5

2,05

8 1

,786

,198

5

,020

,355

9

,408

,208

6

42,2

92

890

,746

2

,694

,186

59

4,01

9 2

,050

,452

9

5,35

9 1

,796

,614

5

,258

,235

2

2,28

4,57

0 1

,232

,553

1

,117

,485

1

5,35

2,66

2 60

1,14

1 1

,550

,845

8

1,71

7 1

,731

,320

3

,029

,579

3

,672

,095

3

75,4

31

790

,876

1

,296

,490

40

7,53

5 1

,111

,369

6

5,70

0 1

,851

,492

7

,249

,011

2

8,02

0,68

3 1

,499

,414

1

,217

,355

1

6,75

0,35

8

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


84

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Open

ing

Bala

nce

Add

: Add

ition

dur

ing

the

year

Le

ss : D

educ

tion

durin

g th

e ye

ar

Clos

ing

Bala

nce

Equi

ty

Pens

ion

Pens

ion

Mid

cap

Pens

ion

Plus

Plus

Pens

ion

Debt

Gain

Fund

Fund

- II

Fund

Fund

Fund

Fun

d F

und

Fun

d F

und

Inde

xEq

uity

Inde

xEq

uity

Equi

ty M

idca

pEq

uity

Mid

cap

Equi

tyEq

uity

Plu

sGr

oup

Life

Long

Prem

ier

Pure

Pure

Secu

reSt

able

Tota

l Eq

uity

Inde

xEq

uity

Stoc

kFu

ndFu

ndFu

nd Fu

ndFu

nd

(Am

ount

in R

s. '0

00)

(Am

ount

in R

s. '0

00)

(Am

ount

in R

s. '0

00)

71,4

79

170

,124

8

00,6

41

93,

463

1,3

70,1

30

9,2

94,5

10

741

,150

-

1

07,3

38

52,5

20

1,3

53,0

20

771

,464

1

04,5

32

1,1

74,2

04

9,3

43,7

12

440

,043

4

6,15

7 1

20,1

15

69,2

13

156

,510

5

98,3

17

110

,274

1

,180

,283

7

,565

,759

5

06,1

22

-

60,

425

54,7

86

1,3

66,6

34

973

,788

8

7,72

1 1

,364

,051

1

1,07

2,46

3 6

75,0

71

46,

157

167

,028

Liqu

idPe

nsio

nFu

ndBa

lanc

edBa

lanc

erBo

ndDe

btEq

uity

Equi

tyEq

uity

Gro

wth

Fund

Fund

Fund

Fund

Fund

Fund

Gain

Fund

Fund

Liqu

idPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

r

11,1

18

105

,952

8

5,70

2 1

8,89

4 9

7,90

3 1

57,5

45

430

,308

8

73,5

52

1,2

23,2

32

52,0

04

386

,247

3

5,07

5 -

3

04,5

24

402

,313

1

50,3

44

277

,953

8

77,4

14

36,6

36

147

,821

4

3,66

3 1

8,89

4 2

38,6

66

425

,203

2

64,8

48

503

,693

2

48,1

70

26,4

86

344

,378

7

7,11

4 -

1

63,7

61

134

,655

3

15,8

04

647

,812

1

,852

,476

366,

910

371

,812

1

27,7

35

5,8

46

422

,109

4

5,06

2,30

8 67

3,39

9 4

00,5

51

785

,641

3

37,7

47

1,2

46,5

71

90,

802,

218

98,5

71

157

,958

1

05,6

67

1,8

63

53,

047

33,

691,

576

941,

738

614

,405

8

07,7

09

341

,730

1

,615

,633

1

02,1

72,9

50


85

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F1 :

POLI

CYHO

LDER

S' CO

NTRI

BUTI

ONA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d Ba

nk Fi

xed

Depo

sits

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eFu

ndFu

ndPe

nsio

n Fu

ndFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

947

-

-

211

,773

7

,982

5

1,72

4 4

,950

3

3,99

4 1

,818

1

2,79

5 11

,548

5

2

3 1

,034

,054

1

4,12

1 3

60,5

02

21,

380

47,

387

1,1

32

3,2

10

5,06

8 -

-

2

,006

,876

4

5,40

0 4

18,8

53

43,

653

3,3

12

2,4

80

13,

357

23,2

99

148

,353

1

,722

,045

3

,805

,051

8

8,25

3 -

-

2

3,08

2 1

,951

1

9,22

6 8,

897

36,

037

358

,225

9

33,4

95

31,

353

167

,121

9

,674

6

42

196

-

-

-

-

-

-

-

-

-

-

-

11

,200

-

-

2

3,50

0 -

8

5,45

0 1

2,50

0 -

-

-

60,9

59

184

,395

2

,080

,293

8

,014

,749

1

87,1

09

1,0

83,6

50

92,

157

108

,417

7

,577

4

8,58

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,07

2 1

2,19

2 1

83,9

67

583

,180

1

3,13

9 -

-

6

,505

5

49

5,4

19

-

-

-

-

-

-

-

-

-

-

-

-

77,

061

289

,709

-

-

-

-

-

-

3,07

2 1

2,19

2 2

61,0

28

872

,889

1

3,13

9 -

-

6

,505

5

49

5,4

19

64,0

31

196

,587

2

,341

,321

8

,887

,638

2

00,2

48

1,0

83,6

50

92,

157

114

,922

8

,126

5

4,00

7

95.2

0%93

.80%

88.8

5%90

.18%

93.4

4%10

0.00

%10

0.00

%94

.34%

93.2

4%89

.97%

4.80

%6.

20%

11.1

5%9.

82%

6.56

%0.

00%

0.00

%5.

66%

6.76

%10

.03%

Part

icul

ars


86

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d Ba

nk Fi

xed

Depo

sits

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Cash

Fund

Plus

Plus

Fund

Plus

Plus

Fund

Gain

Grow

thGr

owth

Fund

Pens

ion

Fund

Fund

Pens

ion

Fund

Fund

Fund

Pens

ion

Fund

Cash

Cash

Debt

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

-

-

-

23,

937

76,

894

14,

148

-

-

19,

300

-

-

-

-

258

,766

4

66,9

74

27,

914

-

-

-

-

-

-

-

573

,889

5

43,5

42

52,

625

-

-

-

-

-

-

-

-

-

-

3,6

58,5

65

7,4

08,5

11

17,

263,

564

999

,000

71

3,41

8 1

,327

,583

5

5,08

7 1

61,5

37

251

,116

1

6,92

3 1

7,37

9 4

31,0

35

4,1

07,9

03

195

,615

-

-

-

-

-

-

-

-

-

-

24

3,55

0 3

83,9

00

52,

300

128

,950

2

29,2

00

22,

950

-

-

-

-

956,

968

1,7

11,4

83

107

,387

1

,147

,079

1

,567

,726

1

34,5

60

3,6

75,9

44

7,8

39,5

46

21,

390,

767

1,1

94,6

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,0

31,0

08

1,0

26,7

48

2,8

43,1

79

146

,851

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

6,02

4 2

73,7

56

10,

007

-

-

-

-

-

-

1,0

31,0

08

1,0

62,7

72

3,1

16,9

35

156

,858

956,

968

1,7

11,4

83

107

,387

1

,147

,079

1

,567

,726

1

34,5

60

4,7

06,9

52

8,9

02,3

18

24,

507,

702

1,3

51,4

73

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

78.1

0%88

.06%

87.2

8%88

.39%

0.00

%0.

00%

0.00

%0.

00%

0.00

%0.

00%

21.9

0%11

.94%

12.7

2%11

.61%


87

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d Ba

nk Fi

xed

Depo

sits

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Part

icul

ars

Equi

tyIn

dex

Inde

xIn

dex

Pens

ion

Mid

cap

Mid

cap

Mid

cap

Plus

Plus

Debt

Fund

Fund

- II

Pens

ion

Fund

Fund

- II

Fund

Pens

ion

Fund

Plus

Fund

Fund

Pens

ion

Fund

Fund

Equi

tyEq

uity

Equi

ty In

dex

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyGr

oup

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

3

29

-

-

-

-

-

-

-

-

-

-

-

-

-

1,90

9,65

7 1

0,59

7,19

0 1

52,1

62

856

,043

1

,005

,241

1

15,5

47

1,5

83,7

31

11,

898,

094

774

,145

-

13

,079

3

23,4

24

775

3

3,27

7 1

71,5

29

16,

040

270

,434

2

53,9

61

82,

785

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,92

2,73

6 1

0,92

0,61

4 1

52,9

37

889

,320

1

,176

,787

1

31,5

90

1,8

54,1

94

12,

152,

055

856

,930

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

538,

287

2,9

90,8

21

42,

886

241

,664

1

31,2

24

10,

586

210

,431

1

,589

,415

1

10,0

52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,

017

-

69,

055

310

,411

-

-

538,

287

2,9

90,8

21

42,

886

241

,664

1

53,2

41

10,

586

279

,486

1

,899

,826

1

10,0

52

-

2,46

1,02

3 1

3,91

1,43

5 1

95,8

23

1,1

30,9

84

1,3

30,0

28

142

,176

2

,133

,680

1

4,05

1,88

1 9

66,9

82

-

78.1

3%78

.50%

78.1

0%78

.63%

88.4

8%92

.55%

86.9

0%86

.48%

88.6

2%0.

00%

21.8

7%21

.50%

21.9

0%21

.37%

11.5

2%7.

45%

13.1

0%13

.52%

11.3

8%0.

00%


88

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Sc

hedu

les t

o Fu

nd R

even

ue A

ccou

nt

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d Ba

nk Fi

xed

Depo

sits

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Part

icul

ars

Life

Long

Pens

ion

Fund

Bond

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyGa

inFu

ndFu

ndFu

ndFu

ndGa

in Fu

ndGr

owth

Fund

Inde

x Fu

ndFu

nd

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

13,8

46

-

-

6,1

91

16,

516

-

6,7

00

-

-

-

56,8

46

-

-

78,

937

87,

941

-

-

-

-

-

64,2

58

-

-

50,

896

45,

091

-

-

-

-

-

-

-

-

-

-

421

,765

7

12,8

83

1,5

97,4

06

724

,454

5

08,4

87

18,0

49

16,

194

249

,301

2

2,53

6 2

1,46

0 1

,145

2

6,00

0 1

68,9

33

12,

234

54,

335

-

-

-

-

-

-

-

-

-

-

14,7

00

8,7

00

59,

150

10,

700

22,

350

-

-

-

-

-

167,

699

24,

894

308

,451

1

69,2

60

193

,358

4

22,9

10

745

,583

1

,766

,339

7

36,6

88

562

,822

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

118

,852

9

1,82

6 1

41,8

22

204

,349

6

6,59

2 -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

,803

-

-

-

-

-

-

-

118

,852

9

1,82

6 1

45,6

25

204

,349

6

6,59

2

167,

699

24,

894

308

,451

1

69,2

60

193

,358

5

41,7

62

837

,409

1

,911

,964

9

41,0

37

629

,414

100.

00%

100.

00%

100.

00%

100.

00%

100.

00%

78.0

6%89

.03%

92.3

8%78

.28%

89.4

2%0.

00%

0.00

%0.

00%

0.00

%0.

00%

21.9

4%10

.97%

7.62

%21

.72%

10.5

8%


89

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

9Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

APPR

OVED

INVE

STM

ENTS

Go

vern

men

t Bon

ds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d Ba

nk Fi

xed

Depo

sits

Tota

l

OTHE

R IN

VEST

MEN

TS

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

ty

Mon

ey M

arke

t M

utua

l Fun

d

Tota

l

Gran

d To

tal

% o

f App

rove

d to

Tota

l %

of O

ther

than

App

rove

d to

Tota

l

Pure

Stoc

kFu

ndFu

ndFu

nd

Secu

reSt

able

Tota

l

-

90,

633

124

,470

7

18,6

18

-

14,

132

229

,271

2

,714

,192

-

3

3,31

3 4

78,8

12

4,3

81,4

25

508,

435

4,8

49

181

,157

6

8,71

2,14

6 49

,833

1

8,32

0 2

36,9

76

10,

883,

856

-

-

-

-

-

11,

500

379

,200

1

,699

,800

558,

268

172

,747

1

,629

,886

8

9,11

0,03

7

-

-

-

-

-

-

-

-

65,4

94

431

5

3,51

9 1

2,46

4,06

0 -

-

-

-

-

-

-

1

,091

,843

65,4

94

431

5

3,51

9 1

3,55

5,90

3

623,

762

173

,178

1

,683

,405

1

02,6

65,9

40

89.5

0%99

.75%

96.8

2%86

.80%

10.5

0%0.

25%

3.18

%13

.20%


90

SCHE

DULE

F2 :

INVE

STM

ENTS

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accu

red

Inte

rest

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Plus

Fund

Fund

Fund

Pens

ion

Fund

Fund

Pens

ion

Fund

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bala

nced

Bala

nced

Bala

nced

Bala

ncer

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accu

red

Inte

rest

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

1,69

4 -

-

9

7,36

8 2

,235

-

-

-

-

1,76

7 1

3,85

3 1

94,6

64

1,3

73,2

92

91,

588

71

9

2

-

-

188

1

,537

2

,425

1

5 -

-

-

-

-

1,9

46

15,

136

16,

333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,46

1 1

5,98

7 2

11,3

37

1,4

89,4

18

93,

838

71

9

2

-

Bala

ncer

Pens

ion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eFu

ndPl

usPl

usFu

ndFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Fund

Pens

ion

Fund

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash

-

30,

706

2,7

13

2,4

64

143

4

05

7,2

38

849

3

,586

-

72,

078

8,7

58

61

49

627

2

0,34

0 4

8,47

2 8

45

-

-

-

9

1

7

-

-

-

-

12,

265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115

,049

1

1,47

1 2

,534

1

93

1,0

39

27,

578

49,

321

4,4

31


91

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accu

red

Inte

rest

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accu

red

Inte

rest

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Debt

Fund

Plus

Plus

Fund

Gain

Grow

thGr

owth

Inde

xIn

dex

Fund

Pens

ion

Fund

Fund

Fund

Pens

ion

Fund

Fund

Fund

- II

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

39,2

12

46,

915

4,5

72

-

-

1,2

39

-

-

-

22,1

32

100

,497

2

,075

8

0,73

6 2

41,0

16

2,0

32,5

70

129

,501

7

6,20

1 1

,910

,093

-

-

-

1,3

78

-

-

-

712

3

,393

8,17

7 1

0,22

1 -

-

3

,835

2

,557

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69,5

21

157

,633

6

,647

8

2,11

4 2

44,8

51

2,0

36,3

66

129

,501

7

6,91

3 1

,913

,486

Equi

tyIn

dex

Inde

x Pe

nsio

nM

idca

pM

idca

pM

idca

pPl

usPl

usDe

btLo

ngPe

nsio

n Fu

nd Fu

nd -

IIFu

ndPe

nsio

n Fu

ndPl

us Fu

ndFu

ndPe

nsio

n Fu

ndFu

ndGa

in Fu

nd

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Grou

pLi

fe

-

-

-

-

-

-

-

-

5,7

87

3,1

97

201

,418

3

2,38

6 9

,067

7

4,55

3 4

73,4

92

11,

431

46,

157

5,9

70

57

265

5

01

179

9

21

-

-

-

-

-

-

23,

305

1,9

46

30,

657

6,5

81

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,2

54

201

,683

5

6,19

2 1

1,19

2 1

06,1

31

480

,073

1

1,43

1 4

6,15

7 1

1,75

7


92

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accu

red

Inte

rest

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Accu

red

Inte

rest

Cash

and

ban

k ba

lanc

e

Divi

dend

Rec

eiva

ble

Rece

ivab

les f

or S

ale

of In

vest

men

ts

Unit

Colle

ctio

n A/

c

Othe

r Cur

rent

Ass

ets (

For I

nves

tmen

ts) :

Appl

icat

ion

Mon

ey

Tota

l

Liqu

idPe

nsio

nFu

ndBa

lanc

edBa

lanc

erBo

ndDe

btEq

uity

Equi

tyEq

uity

Fund

Fund

Fund

Fund

Fund

Fund

Gain

Fund

Grow

th Fu

nd

Liqu

idPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

r

855

4,2

48

-

-

5,5

20

6,6

46

-

430

-

2,17

6 1

7,59

7 -

-

2

,462

-

4

50

250

5

4,04

3

-

-

-

-

-

-

164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,03

1 2

1,84

5 -

-

7

,982

6

,646

6

14

680

5

4,04

3

-

-

-

3,8

11

43,

520

312

,156

58,1

72

30,

657

38,

151

165

,325

7

90

7,6

49,0

41

251

481

4

06

-

-

12,

890

-

4,3

97

6,1

61

20,

442

-

163

,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,4

23

35,

535

44,

718

189

,578

4

4,31

0 8

,138

,046

Prem

ier

Equi

tyEq

uity

Stoc

kFu

ndFu

ndIn

dex

Fund

Fund

Fund

Pure

Pure

Secu

reSt

able

Tota

l


93

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F3 :

CURR

ENT

ASSE

TSA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Plus

Plus

Fund

Fund

Fund

Pen

sion

Fund

Fund

Pens

ion

Fund

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bala

nced

Bala

nced

Bala

nced

Bala

ncer

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

Debt

Fund

Plus

Plus

Fund

Gain

Grow

thGr

owth

Inde

xIn

dex

Fund

Pens

ion

Fund

Fund

Fund

Pens

ion

Fund

Fund

Fund

- II

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

-

8,7

29

37,

720

224

,567

7

,581

-

-

-

-

66

268

3

,195

8

,345

1

46

-

-

-

-

-

-

-

-

-

-

-

-

-

66

8,9

97

40,

915

232

,912

7

,727

-

-

-

-

-

7,1

20

5,0

86

-

-

-

-

-

-

-

862

6

4 1

25

9

59

1,8

58

1,0

23

66

-

-

-

-

-

-

-

-

-

-

7,9

82

5,1

50

125

9

5

9 1

,858

1

,023

6

6

8,13

7 1

0,17

1 -

7

,523

-

2

49,9

32

-

8,0

26

293

,817

2,2

40

933

8

1 9

,035

2

0,87

2 3

4,35

4 1

,940

2

,123

1

3,20

8

-

-

-

-

-

-

-

-

-

10,

377

11,

104

81

16,

558

20,

872

284

,286

1

,940

1

0,14

9 3

07,0

25

Bala

ncer

Pens

ion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eFu

ndPl

usPl

usFu

ndFu

ndFu

nd- 2

012

Fund

- 201

4Fu

nd- 2

017

Fund

Pens

ion

Fund

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

Cash

Cash

Cash


94

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Paya

ble

for p

urch

ase

of In

vest

men

ts

Othe

r Cur

rent

Liab

ilitie

s:

Unit

Paya

ble

A/c

Tota

l

Equi

tyIn

dex

Inde

x Pe

nsio

nM

idca

pM

idca

pM

idca

pPl

usPl

usDe

btGa

inPe

nsio

n Fu

ndFu

nd -

IIFu

ndPe

nsio

n Fu

ndPl

us Fu

ndFu

ndPe

nsio

n Fu

ndFu

ndFu

nd

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Grou

pLi

fe Lo

ng

Equi

tyEq

uity

Stoc

kFu

ndFu

ndIn

dex

Fund

Fund

Fund

Prem

ier

Pure

Pure

Secu

reSt

able

Tota

l

341

30,

928

28,

413

3,4

46

21,

836

19,

488

-

-

-

166

1

,048

3

,073

1

85

2,7

14

18,

103

1,2

73

-

323

-

-

-

-

-

-

-

-

-

507

3

1,97

6 3

1,48

6 3

,631

2

4,55

0 3

7,59

1 1

,273

-

3

23

Liqu

idPe

nsio

nFu

ndBa

lanc

edBa

lanc

erBo

ndDe

btEq

uity

Equi

tyEq

uity

Fund

Fund

Fund

Fund

Fund

Fund

Gain

Fund

Grow

th Fu

nd

Liqu

idPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

rPr

emie

r

-

-

-

-

-

-

-

12,

277

48,

149

19

240

-

-

4

02

1,2

37

1,0

56

1,6

53

4,3

33

-

-

-

-

-

-

-

-

-

19

240

-

-

4

02

1,2

37

1,0

56

13,

930

52,

482

10,

348

983

2

,458

2

0,34

3 5

3,45

7 1

,120

,876

2,0

75

780

8

97

123

8

41

141

,413

-

-

-

-

-

-

12,

423

1,7

63

3,3

55

20,

466

54,

298

1,2

62,2

89


95

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24

SCHE

DULE

F4 :

CURR

ENT

LIAB

ILIT

IES

Ap

pen

dix

II R

efer

Sch

edu

le 1

6 N

ote

24


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Pol

icy A

dmin

istra

tion

Char

ge

Sur

rend

er C

harg

e

Sw

itchi

ng C

harg

e

Mor

talit

y Cha

rge

Rid

er P

rem

ium

Cha

rge

Par

tial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Tota

l

(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Polic

y Adm

inist

ratio

n Ch

arge

Surr

ende

r Cha

rge

Switc

hing

Cha

rge

Mor

talit

y Cha

rge

Ride

r Pre

miu

m C

harg

e

Part

ial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Tota

l

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Fund

Fund

Pens

ion

Fund

Fund

Fund

- 201

2Fu

nd- 2

014

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bond

Bond

Capi

tal

Capi

tal

-

897

8

6,75

5 1

86,9

99

-

64,

016

879

1

,602

1

04

-

-

-

-

-

-

-

-

-

-

1

2

-

-

32

12

-

-

-

9

74,

532

59,

044

255

4

8,71

3 2

1

,298

1

01

-

1

12,

684

4,4

75

17

22,

490

-

-

-

-

-

-

-

-

-

-

-

-

-

15

182

-

-

8

7 8

1

3 1

-

923

1

74,1

55

250

,518

2

72

135

,338

9

01

2,9

13

206

Capi

tal

Guar

ante

e Fu

ndPl

usPl

usFu

ndPl

usPl

usFu

ndGa

inFu

nd- 2

017

Fund

Pens

ion

Fund

Fund

Pens

ion

Fund

Fund

Cash

Ca

shCa

shDe

btDe

btDe

btEq

uity

Equi

ty

759

-

4

,263

7

12

-

6,7

99

962

-

-

-

-

-

-

-

-

-

-

-

-

318

2

,035

1

10

107

9

83

194

8

8 4

44

551

1

5,94

0 1

1,17

2 3

48

14,

418

12,

827

545

3

8,89

0 7

0,87

9

-

6,7

41

1,7

50

42

3,9

86

2,0

66

86

11,

847

18,

467

-

-

-

-

-

-

-

-

-

6

555

9

57

200

6

73

770

2

21

2,6

06

4,7

26

1,3

16

23,

554

20,

177

1,4

12

19,

184

23,

445

2,0

08

53,

431

94,

516


96

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Pol

icy A

dmin

istra

tion

Char

ge

Sur

rend

er C

harg

e

Sw

itchi

ng C

harg

e

Mor

talit

y Cha

rge

Rid

er P

rem

ium

Cha

rge

Par

tial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Tota

l

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Polic

y Adm

inist

ratio

n Ch

arge

Surr

ende

r Cha

rge

Switc

hing

Cha

rge

Mor

talit

y Cha

rge

Ride

r Pre

miu

m C

harg

e

Part

ial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Tota

l

(Am

ount

in R

s. '0

00)

(Am

ount

in R

s. '0

00)

Equi

ty

Grow

th

Grow

thIn

dex

Inde

xIn

dex

Inde

x Pe

nsio

nM

idca

pM

idca

pM

idca

pFu

ndPe

nsio

n Fu

ndFu

ndFu

nd -

IIPe

nsio

n Fu

ndFu

nd -

IIFu

ndPe

nsio

n Fu

ndPl

us Fu

nd

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

978

,013

1

0,64

8 1

3,99

5 5

00,6

68

1,0

69

7,1

19

-

668

7

,134

-

-

-

-

-

-

-

-

-

16

6

609

2

1 4

1 5

2

5 2

9

4

754

,681

7

7 1

7,99

2 3

20,2

66

482

1

90

13,

296

172

1

2,79

0

134

,903

5

3

,414

5

6,16

4 1

25

11

3,9

07

28

3,1

78

-

-

-

-

-

-

-

-

-

2,2

73

140

1

,224

7

39

246

4

9 7

28

235

1

,162

1,8

69,8

86

10,

876

37,

234

877

,858

1

,963

7

,374

1

7,95

6 1

,105

2

4,35

8

Equi

tyPl

usPl

us

Debt

Gain

Pens

ion

Fund

Bond

Debt

Equi

tyFu

ndPe

nsio

n Fu

ndFu

ndFu

ndFu

ndFu

ndFu

ndFu

nd

Equi

tyGr

oup

Life

Long

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

33,

746

5,0

77

-

-

1,2

24

16,

568

1,2

83

4,3

78

10,

176

-

-

-

-

-

-

-

-

-

3,2

27

226

-

-

-

6

1

1 1

6 1

2

73,

627

1,3

22

-

1,8

78

1

13,

055

878

7

27

1,9

25

18,

235

281

-

-

-

5

,888

-

-

-

-

-

-

-

-

-

-

-

-

7,4

96

492

-

2

20

3

23

22

319

3

03

136

,331

7

,398

-

2

,098

1

,228

3

5,54

0 2

,194

5

,440

1

2,41

6


97

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

stAs

at 3

1 M

arch

200

8Pa

rtic

ular

s

Sche

dule

s to

Fund

Rev

enue

Acc

ount

Polic

y Adm

inist

ratio

n Ch

arge

Surr

ende

r Cha

rge

Switc

hing

Cha

rge

Mor

talit

y Cha

rge

Ride

r Pre

miu

m C

harg

e

Part

ial W

ithdr

awal

Cha

rge

Misc

ella

neou

s Cha

rge

Tota

l

Prem

ier

Equi

tyEq

uity

Equi

tyEq

uity

Stoc

kFu

ndFu

ndGa

in Fu

ndGr

owth

Fund

Inde

x Fu

ndFu

ndFu

nd

Prem

ier

Prem

ier

Pure

Pure

Secu

reSt

able

Tota

l

16,4

85

12,

584

4,6

27

36,

235

107

,253

-

-

2

,123

,697

-

-

-

-

-

-

-

-

5 8

4

-

-

-

-

8

,660

3,52

6 8

,151

2

,748

1

6,50

7 4

1,82

6 -

-

1

,635

,641

-

-

-

2,0

49

8,1

77

-

-

321

,017

-

-

-

-

-

-

-

-

532

293

1

00

279

3

4 -

-

2

7,93

2

20,5

48

21,

036

7,4

79

55,

070

157

,290

-

-

4

,116

,947


98

SCHE

DULE

F5 :

OTHE

R EX

PENS

ESA

pp

end

ix II

Ref

er S

ched

ule

16

No

te 2

4

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Appendix III Refer Schedule 16 Note 24

Disclosure for Unit Linked Business as per Unit Linked Disclosure Norms:

I. Investment Management

i) Activities outsourced: Fund Accounting (Part of the year).

ii) Fess 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 no brokerage, custodial fees and any other payments and receipts made to/from related parties (Previous year: NIL).

ii) Company wise details of investments held in the promoter group along with its percentage to funds under stmanagement: As on 31 March 09 no investments is held in the promoter group (Previous year NIL)

III. Industry wise Disclosure of Investment: Refer Enclosure “C”.

stIV. Unclaimed redemption of Units: As on 31 March 09 there is 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”

stVIII.There are no doubtful debts on assets as on 31 March 09.

IX. Disclosure of appreciation and/or depreciation in value of investments: Refer Enclosure “G”

I. Performance of Fund: Refer Enclosure “A”

Schedules forming part of financial statements for year ended 31st March 2009


Appendix III Refer Schedule 16 Note 24

99


Enclosure A : Performance of Fund (Absolute Growth %)

Fund Names Date of Current Year SinceInception 2008-09 (%) 2007-08 (%) 2006-07 (%) Inception (%)

Accelerated Fund 18-Nov-04 (2.42) 19.43 6.78 42.18 Acc Mid Cap Pension Fund 24-Jul-06 (41.49) 27.58 18.99 (11.18)Acc Mid Cap Fund 24-Jul-06 (41.27) 23.31 22.39 (11.37)Asset Allocation Fund 28-Sep-07 (8.12) 0.04 NA (8.08)Asset Allocation Pension Fund 28-Jan-08 (8.37) (3.44) NA (11.52)Balanced Fund 15-Jan-04 (15.64) 15.44 7.56 34.44 Balanced Plus Fund 23-Jul-04 (12.56) 15.63 8.36 55.96 Balanced Plus Pension Fund 18-Nov-04 (11.93) 16.30 9.10 48.65 Bond Fund 10-Jul-06 13.22 9.54 4.15 29.17 Bond Pension Fund 24-Jul-06 14.26 10.55 4.46 31.95 Capital Guarantee Fund- 2012 11-Jan-07 (0.89) 9.90 (0.66) 8.92 Capital Guarantee Fund- 2014 11-Jan-07 (3.64) 12.88 (10.39) 6.59 Capital Guarantee Fund- 2017 11-Jan-07 (10.56) 13.76 (2.20) 1.33 Capital Shield Fund- I 24-Nov-08 4.59 - NA 4.59 Capital Shield Fund- II 24-Nov-08 3.98 - NA 3.98 Cash Fund 15-Jan-04 9.12 8.63 5.39 32.93 Cash Plus Fund 23-Jul-04 10.73 10.19 6.99 41.89 Cash Plus Pension Fund 18-Nov-04 10.77 10.87 7.18 41.11 Debt Fund 15-Jan-04 11.45 8.77 3.60 28.29 Debt Plus Fund 23-Jul-04 13.99 10.21 5.06 37.45 Debt Plus Pension Fund 18-Nov-04 13.26 10.40 5.61 40.38 Equity Fund 15-Jan-04 (36.44) 21.85 11.67 41.42 Equity Gain Fund 23-Jul-04 (30.48) 12.89 4.95 91.86 Equity Growth Fund 24-Jul-06 (34.55) 14.34 18.45 (11.36)Equity Growth Pension Fund 24-Jul-06 (34.41) 12.20 18.66 (12.68)Equity Index Fund 23-Jul-04 (35.57) 23.62 12.47 81.90 Equity Index Fund - II 24-Jul-06 (35.59) 22.93 23.87 (1.92)Equity Index Pension Fund 18-Nov-04 (35.62) 23.21 13.08 59.82 Equity Index Pension Fund - II 24-Jul-06 (35.64) 22.82 21.58 (3.89)Equity Midcap Fund 9-Mar-05 (31.01) 15.31 4.20 46.09 Equity Midcap Pension Fund 9-Mar-05 (29.05) 21.96 6.80 68.23 Equity Midcap Plus Fund 9-Mar-05 (30.89) 18.45 5.11 54.61 Equity Plus Fund 23-Jul-04 (29.76) 12.97 6.11 99.81 Equity Plus Pension Fund 18-Nov-04 (27.68) 13.51 7.08 81.27 Group Debt Fund 26-Mar-08 12.59 - NA 12.59 Group Liquid Fund 3-Nov-08 5.17 - NA 5.17 Group Short Term Debt Fund 28-Feb-09 0.18 - NA 0.18 Life Long Gain Fund 23-Jul-04 11.20 8.49 4.30 19.44 Liquid Pension Fund 24-Jul-06 10.57 9.96 4.84 27.46 Liquid Fund 10-Jul-06 10.38 9.97 5.15 27.63 Premier Balanced Fund 17-Dec-05 (12.31) 13.99 7.25 16.60 Premier Bond Fund 21-Jul-06 10.62 7.94 2.79 22.73 Premier Debt Fund 17-Dec-05 11.68 8.43 4.11 27.90 Premier Equity Fund 17-Dec-05 (36.48) 21.99 11.34 3.71 Premier Equity Gain Fund 17-Dec-05 (28.62) 9.14 5.20 3.78 Premier Equity Growth Fund 24-Jul-06 (36.92) 9.42 20.51 (16.82)Premier Equity Index Fund 24-Jul-06 (36.82) 21.24 22.42 (6.23)Pure Equity Fund 17-Dec-05 (17.04) 19.38 (0.38) 21.14 Pure Stock Fund 21-Jul-06 (17.88) 24.49 13.66 16.20 Pure Stock Pension Fund 17-Apr-08 (19.66) - NA (19.66)Secure Fund 15-Oct-04 3.69 16.47 6.31 35.75 Stable Fund 15-Sep-04 1.48 14.25 4.46 32.46



100


Enclosure B: Fees Charged to Policyholders' Account

2008-09 2007-08Particulars Fund Fund Miscella- Miscella- Policy Switching Mortality Rider Fund Fund Miscella- Policy Switching Mortality Rider

Manage- Admini- neous neous Admini- Charge Charge Premium Manage- Admini- neous Admini- Charge Charge Premiumment stration Charge Charge stration Charge ment stration Charge stration Charge

Expenses Expenses -Service Charge Expenses Expenses ChargeTax

Accelerated Fund 662 - - 32 - - - - 853 - - - - - - Acc Mid Cap Pension Fund 3,062 - 16 290 2,238 - 83 7 2,285 - 15 897 1 9 1 Acc Mid Cap Fund 44,674 - 213 27,488 138,126 - 105,768 14,324 24,749 - 182 86,755 2 74,532 12,684 Asset Allocation Fund 153,141 - 948 339,653 880,968 - 266,848 18,656 23,419 - - 186,999 - 59,044 4,475 Asset Allocation Pension Fund 5,267 - 32 2,581 13,132 - 2,217 111 186 - - - - 255 17 Balanced Fund - - - - - - - - - - - - - - - Balanced Plus Fund - - - - - - - - - - - - - - - Balanced Plus Pension Fund - - - - - - - - - - - - - - - Bond Fund 16,715 - 118 40,231 106,285 10 70,532 23,887 7,317 - 87 64,016 32 48,713 22,490 Bond Pension Fund 1,525 - 9 1,009 1,963 4 59 4 638 - 8 879 12 2 - Capital Guarantee Fund- 2012 1,400 - 9 279 2,300 - 1,774 - 1,334 - 13 1,602 - 1,298 - Capital Guarantee Fund- 2014 97 - 1 20 150 - 140 - 95 - 1 104 - 101 - Capital Guarantee Fund- 2017 621 - 4 120 1,089 - 744 - 654 - 6 759 - 551 - Capital Shield Fund- I 4,402 - - 508 - - - - - - - - - - - Capital Shield Fund- II 1,430 - - 156 - - - - - - - - - - - Cash Fund 10,291 12,863 123 4,140 1 175 33,931 13,678 9,971 12,533 555 - 318 15,940 6,741 Cash Plus Fund 10,262 - 314 2,258 11,210 845 84,188 3,188 13,086 - 957 4,263 2,035 11,172 1,750 Cash Plus Pension Fund 731 - 9 117 4,248 61 1,071 97 1,091 - 200 712 110 348 42 Debt Fund 12,354 15,442 285 3,858 - 36 35,631 9,889 12,076 15,182 673 - 107 14,418 3,986 Debt Plus Fund 9,477 - 302 3,555 15,369 206 14,128 3,607 10,242 - 770 6,799 983 12,827 2,066 Debt Plus Pension Fund 975 - 11 185 2,326 44 1,476 193 849 - 221 962 194 545 86 Equity Fund 38,343 47,929 1,066 9,963 - 56 96,082 25,180 48,255 60,602 2,606 - 88 38,890 11,847 Equity Gain Fund 116,875 97,396 2,012 23,442 - 185 225,493 32,085 129,715 108,475 4,726 - 444 70,879 18,467 Equity Growth Fund 503,160 - 2,417 392,524 1,664,593 4 1,157,353 154,122 297,704 - 2,273 978,013 16 754,681 134,903 Equity Growth Pension Fund 24,333 - 124 3,014 20,202 2 784 35 17,734 - 140 10,648 6 77 5 Equity Index Fund 20,760 - 504 5,058 31,352 318 23,572 5,694 23,282 - 1,224 13,995 609 17,992 3,414 Equity Index Fund - II 231,794 - 1,506 547,634 1,551,312 8 858,700 130,125 83,775 - 739 500,668 21 320,266 56,164 Equity Index Pension Fund 1,554 - 15 206 2,720 15 1,392 266 1,962 - 246 1,069 41 482 125 Equity Index Pension Fund - II 17,359 - 119 4,776 26,520 2 2,015 96 5,930 - 49 7,119 5 190 11 Equity Midcap Fund 17,368 14,473 288 3,659 - 27 33,759 7,063 19,453 16,274 728 - 25 13,296 3,907 Equity Midcap Pension Fund 1,773 - 11 112 - 2 349 53 2,342 - 235 668 2 172 28 Equity Midcap Plus Fund 27,119 - 479 3,913 16,042 90 16,035 5,409 33,334 - 1,162 7,134 94 12,790 3,178 Equity Plus Fund 180,803 - 3,056 28,492 122,616 967 199,382 28,946 212,979 - 7,496 33,746 3,227 73,627 18,235 Equity Plus Pension Fund 11,955 - 143 987 13,855 125 3,881 571 15,276 - 492 5,077 226 1,322 281 Group Debt Fund 5,164 - - 507 - - - - 21 - - - - - - Group Liquid Fund 244 - - 29 - - - - - - - - - - - Group Short Term Debt Fund 7 - - 1 - - - - - - - - - - - Life Long Gain Fund 1,852 2,315 16 493 - - 4,522 - 1,379 1,723 220 - - 1,878 - Liquid Pension Fund 317 - 2 75 1,030 - 7 - 233 - 3 1,224 - 1 - Liquid Fund 4,522 - 34 22,530 30,108 2 20,270 7,014 1,956 - 23 16,568 6 13,055 5,888 Premier Balanced Fund - - - - - - - - - - - - - - - Premier Bond Fund 5,429 - 15 669 1,954 3 1,353 - 4,926 - 22 1,283 11 878 - Premier Debt Fund 3,184 - 11 325 4,139 18 3,273 - 5,624 - 319 4,378 16 727 - Premier Equity Fund 9,412 - 122 863 9,781 4 4,499 - 13,458 - 307 10,175 12 1,921 - Premier Equity Gain Fund 14,251 - 92 1,424 15,538 8 6,408 - 22,115 - 532 16,485 5 3,526 - Premier Equity Growth Fund 43,197 - 148 3,687 21,457 1 15,116 - 47,783 - 293 12,584 8 8,151 - Premier Equity Index Fund 24,396 - 83 2,085 9,435 1 6,530 - 17,970 - 100 4,627 4 2,748 - Pure Equity Fund 9,642 - 143 5,017 77,826 - 31,853 3,168 8,387 - 279 36,235 - 16,507 2,049 Pure Stock Fund 14,371 - 59 29,306 185,033 - 67,718 9,042 5,482 - 30 107,254 - 41,830 8,177 Pure Stock Pension Fund 63 - 0 22 38 - 3 - - - - - - - - Secure Fund 4,511 - - 271 - - - - 300 - - - - - - Stable Fund 11,761 - - 205 - - - - 6,675 - - - - - - Total 1,622,605 190,418 14,860 1,517,770 4,984,956 3,219 3,398,939 496,510 1,136,895 214,789 27,932 2,123,697 8,660 1,635,641 321,017

Basis of Payment of Fees Fund Management Expenses % of NAVFund Administration Expenses % of NAV/Fixed AmountMisc. Charge % of Assets Under ManagementMisc. Charge-Service Tax Applicable rate of Service Tax on ChargesPolicy Administration Charge Charges applicable p.a.Switching Charge Expense per switchMortality Charge As per mortality tableRider Premium Charge As per rider charges in the policy documents



101


Enclosure C : Summary of Industry Wise Disclosure of Investments

Industry Amt in Rs. '000 Exposure (%) Amt in Rs. '000 Exposure (%)

Banking Service Industry - Fixed Deposit 3,745,028 2.77 1,699,800 1.66 Banking Service Industry - Other Than Fixed Deposit 24,657,275 18.21 17,140,807 16.70 Others 107,004,714 79.02 83,825,333 81.65 Total 135,407,017 100 102,665,940 100

F.Y.2008-09 F.Y.2007-08

F.Y. 2008-09 F.Y. 2007-08Portfolio Name Banking Services Others Banking Services Others

Industry Industry Amt in Rs. '000 Exposure (%) Amt in Rs. '000 Exposure (%) Amt in Rs. '000 Exposure (%) Amt in Rs. '000 Exposure (%)

Accelerated Fund 1,085 - 17,051 0.02 24,555 0.13 39,477 0.05 Acc Mid Cap Pension Fund 38,363 0.14 145,893 0.14 45,427 0.24 151,160 0.18 Acc Mid Cap Fund 705,113 2.48 2,657,922 2.48 551,818 2.93 1,789,503 2.13 Asset Allocation Fund 5,875,230 20.69 11,392,662 10.65 1,529,470 8.12 7,358,169 8.78 Asset Allocation Pension Fund 132,917 0.47 571,109 0.53 35,962 0.19 164,285 0.20 Bond Fund 510,341 1.80 2,482,007 2.32 424,551 2.25 659,099 0.79 Bond Pension Fund 47,301 0.17 304,519 0.28 42,391 0.22 49,767 0.06 Capital Guarantee Fund- 2012 2,263 0.01 107,683 0.10 3,220 0.02 111,702 0.13 Capital Guarantee Fund- 2014 148 - 7,359 0.01 413 - 7,713 0.01 Capital Guarantee Fund- 2017 2,607 0.01 44,724 0.04 2,148 0.01 51,859 0.06 Capital Shield Fund- I 199,664 0.70 536,277 0.50 - - - - Capital Shield Fund- II 61,670 0.22 342,756 0.32 - - - - Cash Fund 858,437 3.02 268,386 0.25 866,788 4.60 90,180 0.11 Cash Plus Fund 1,051,588 3.70 346,659 0.32 1,608,112 8.54 103,371 0.12 Cash Plus Pension Fund 70,989 0.25 25,132 0.02 96,920 0.51 10,467 0.01 Debt Fund 56,305 0.20 1,243,406 1.16 372,015 1.97 775,063 0.92 Debt Plus Fund 159,212 0.56 1,291,850 1.21 579,312 3.07 988,415 1.18 Debt Plus Pension Fund 15,571 0.05 130,696 0.12 57,746 0.31 76,814 0.09 Equity Fund 309,692 1.09 2,936,399 2.74 424,393 2.25 4,282,561 5.11 Equity Gain Fund 1,340,982 4.72 5,938,436 5.55 1,036,647 5.50 7,865,672 9.38 Equity Growth Fund 9,193,384 32.37 27,883,179 26.06 5,102,943 27.08 19,404,759 23.15 Equity Growth Pension Fund 378,534 1.33 1,204,027 1.13 247,758 1.32 1,103,715 1.32 Equity Index Fund 166,670 0.59 1,604,419 1.50 224,645 1.19 2,236,379 2.67 Equity Index Fund - II 2,921,266 10.29 25,361,452 23.70 1,476,620 7.84 12,434,805 14.83 Equity Index Pension Fund 12,874 0.05 122,801 0.11 17,673 0.09 178,149 0.21 Equity Index Pension Fund - II 194,214 0.68 1,661,228 1.55 127,169 0.67 1,003,816 1.20 Equity Midcap Fund 177,833 0.63 847,947 0.79 298,869 1.59 1,031,158 1.23 Equity Midcap Pension Fund 18,263 0.06 78,637 0.07 31,253 0.17 110,923 0.13 Equity Midcap Plus Fund 291,391 1.03 1,249,024 1.17 489,209 2.60 1,644,471 1.96 Equity Plus Fund 2,007,562 7.07 8,865,837 8.29 1,300,673 6.90 12,751,208 15.21 Equity Plus Pension Fund 135,079 0.48 600,460 0.56 157,895 0.85 809,088 0.97 Group Debt Fund 94,345 0.33 774,205 0.72 - - - - Group Liquid Fund 66,140 0.23 29,480 0.03 - - - - Group Short Term Debt Fund - - 9,467 0.01 - - - - Life Long Gain Fund 28,381 0.10 146,644 0.14 48,386 0.26 119,313 0.14 Liquid Pension Fund 36,501 0.13 12,548 0.01 21,772 0.12 3,121 - Liquid Fund 570,922 2.01 148,421 0.14 294,665 1.56 13,786 0.02 Premier Bond Fund 25,627 0.09 223,385 0.21 84,410 0.45 84,851 0.10 Premier Debt Fund 20,783 0.07 109,384 0.10 71,068 0.38 122,290 0.15 Premier Equity Fund 31,125 0.11 296,435 0.28 48,244 0.26 493,520 0.59 Premier Equity Gain Fund 82,835 0.29 432,576 0.40 94,405 0.50 743,004 0.89 Premier Equity Growth Fund 292,605 1.03 1,017,133 0.95 260,461 1.38 1,651,502 1.97 Premier Equity Index Fund 76,560 0.27 731,118 0.68 89,782 0.48 851,255 1.02 Pure Equity Fund - - 728,965 0.68 - - 629,415 0.75 Pure Stock Fund - - 1,541,181 1.44 - - 623,763 0.74 Pure Stock Pension Fund - - 8,432 0.01 - - - - Secure Fund 58,825 0.21 336,496 0.31 30,594 0.16 142,585 0.17 Stable Fund 81,107 0.29 188,906 0.18 620,225 3.29 1,063,180 1.27 Total 28,402,304 100 107,004,713 100 18,840,607 100 83,825,333 100

Fundwise Industrywise Disclosure of Investments

Note : - Industry Exposure does not include cash element



102


Banking Services- Exposure details - Scrip Wise

10% HDFC Bank Ltd... - 13-Dec-2011 FD 49,900 0.18 - - 10% Punjab National Bank - 13-Mar-2009 FD - - 100,000 0.53 10% Saraswat Bank - 06-May-2008 FD - - 50,000 0.27 10.10% Punjab National Bank 12 March 2009 - - 300,000 1.59 10.10% SBI Upper Tier II 12 SEP 2022 Call 12 SEP 2017 - - 312,641 1.66 10.20% SyndicateBank - 17-Mar-2009 FD - - 150,000 0.80 10.25% HDFC Bank Ltd... - 08-Jul-2008 FD - - 49,900 0.26 10.5% Saraswat Bank - 24-Mar-2010 FD 50,000 0.18 50,000 0.27 10.50% Citi Bank FD 28 Jan 2010 150,000 0.53 - - 10.50% HDFC Bank Ltd... - 03-Jul-2008 FD - - 49,900 0.26 10.50% HDFC Bank Ltd... - 11-Dec-2009 FD 49,900 0.18 - - 10.50% Saraswat Bank 24 March 2010 - - 50,000 0.27 10.50% Saraswat Bank 24 March 2010 50,000 0.18 - - 11.10% IDBI Bank Ltd... 26 Sep 2013 53,188 0.19 - - 11.15% YES Bank - 10-Jun-2008 FD - - 100,000 0.53 11.25% CanaraBank - 03-Mar-2009 FD - - 100,000 0.53 11.25% ICICI Bank Ltd... - 13-Mar-2009 FD - - 100,000 0.53 11.30% CanaraBank - 13-Mar-2009 FD - - 150,000 0.80 11.30% SyndicateBank - 24-Mar-2009 FD - - 50,000 0.27 11.30% SyndicateBank - 24-Mar-2009 FD - - 200,000 1.06 12.10% Punjab National Bank - 26-Sep-2009 FD 250,000 0.88 - - 4.25% SyndicateBank FD 09 April 2009 499,128 1.76 - - 6.00% IDBI OMNI Bonds M - 16/01/2009 - - 48,713 0.26 7.50% State Bank of India FD 08 March 2010 500,000 1.76 - - 8.50% ICICI Bank FD 09 March 2010 400,000 1.41 - - 9.0% CanaraBank FD 02 Feb 2011 9,500 0.03 - - 9.0% CanaraBank FD 05 July 2011 9,500 0.03 - - 9.0% CanaraBank FD 07 June 2011 9,500 0.03 - - 9.0% CanaraBank FD 08 March 2011 9,500 0.03 - - 9.0% CanaraBank FD 10 May 2011 9,500 0.03 - - 9.0% CanaraBank FD 12 April 2011 9,500 0.03 - - 9.0% CanaraBank FD 18 Jan 2011 9,500 0.03 - - 9.0% CanaraBank FD 19 July 2011 9,500 0.03 - - 9.0% CanaraBank FD 21 June 2011 9,500 0.03 - - 9.0% CanaraBank FD 22 Feb 2011 9,500 0.03 - - 9.0% CanaraBank FD 22 March 2011 9,500 0.03 - - 9.0% CanaraBank FD 24 May 2011 9,500 0.03 - - 9.0% CanaraBank FD 26 April 2011 9,500 0.03 - - 9.0% HDFC Bank FD 01 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 03 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 07 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 09 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 10 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 11 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 14 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 15 March 2011 49,900 0.18 - - 9.0% HDFC Bank FD 24 Feb 2011 49,900 0.18 - - 9.0% Indian Bank FD 02 Feb 2011 9,500 0.03 - - 9.0% Indian Bank FD 05 July 2011 9,500 0.03 - - 9.0% Indian Bank FD 07 June 2011 9,500 0.03 - - 9.0% Indian Bank FD 08 March 2011 9,500 0.03 - - 9.0% Indian Bank FD 10 May 2011 9,500 0.03 - - 9.0% Indian Bank FD 12 April 2011 9,500 0.03 - -

Instrument F.Y. 2008-09 F.Y. 2007-08Amt in Rs. '000 (%) Amt in Rs. '000 (%)



103




9.0% Indian Bank FD 18 Jan 2011 9,500 0.03 - - 9.0% Indian Bank FD 19 July 2011 9,500 0.03 - - 9.0% Indian Bank FD 21 June 2011 9,500 0.03 - - 9.0% Indian Bank FD 22 Feb 2011 9,500 0.03 - - 9.0% Indian Bank FD 22 March 2011 9,500 0.03 - - 9.0% Indian Bank FD 24 May 2011 9,500 0.03 - - 9.0% Indian Bank FD 26 April 2011 9,500 0.03 - - 9.25% IDBI Omni Bonds 26/03/2014 Series XVIII 149,904 0.53 - - 9.30% Bank of Baroda - U Tier II 28-Dec-2022 C 28-Dec-2017 - - 148,225 0.79 9.30% State Bank of Patiala Upper Tier II 20 Dec 2022 Call 20 Dec 2017 - - 49,410 0.26 9.35% Punjab National Bank Upper Tier II 12 Dec 2022 Call 12 Dec 2017 - - 99,441 0.53 9.35% Punjab National Bank - 05-Mar-2023 05-Mar-2018 C - - 49,751 0.26 9.40% Syndicate Bank perpetual Bond call 12 Jan 2019 76,402 0.27 - - 9.5% State Bank of Bikaner - 10-Feb-2011 FD 250,000 0.88 - - 9.50% State Bank of India - 10-Dec-2013 FD 250,000 0.88 - - 9.50% Syndicate Bank - 04-Dec-2010 FD 550,000 1.94 - - 9.85% Canara Bank - 28-Mar-2009 FD - - 200,000 1.06 9.90% State Bank of Patiala Upper Tier II 28 SEP 2022 Call 28 SEP 2017 - - 51,255 0.27 9.98% ICICI Bank Perpetual Call 13 Sept 2016 51,196 0.18 50,574 0.27 Allahabad Bank CD 03 Mar 09 - - 137,412 0.73 Allahabad Bank CD 04 Aug 2009 733,423 2.58 - - Allahabad Bank CD 04 Jan 2010 235,506 0.83 - - Allahabad Bank CD 18 June 2009 246,177 0.87 - - Allahabad Bank CD 27 Feb 2009 - - 229,672 1.22 Andhra Bank - Equity Shares 127,447 0.45 - - Axis Bank CD 01 Oct 2008 - - 239,519 1.27 Axis Bank CD 19 Feb 2009 - - 275,846 1.46 Axis Bank CD 24 Nov 08 - - 235,898 1.25 Axis Bank Ltd... - Equity Shares 1,135,552 4.00 - - Axis Bank Ltd... CD - 09-May-2008 - - 49,596 0.26 Bank of Baroda - Equity Shares 230,692 0.81 - - Bank of Baroda CD 11 Aug 2009 385,826 1.36 - - Bank of Baroda CD 15 Jan 2010 616,295 2.17 - - Bank of Baroda CD 26 Feb 2010 943,013 3.32 - - Bank of India CD 23 March 2010 465,175 1.64 - - Canara Bank CD 04 Feb 2009 - - 92,969 0.49 Canara Bank CD 07 Oct 2008 - - 143,640 0.76 Canara Bank CD 12 Feb 2010 472,066 1.66 - - Citi Bank CD 7 July 2008 - - 244,794 1.30 Corportation Bank - Equity Shares 129,223 0.45 - - Corporation Bank CD 02 March 2010 470,628 1.66 - - Corporation Bank CD 03 Aug 2009 144,945 0.51 - - Corporation Bank CD 12 Feb 09 - - 138,590 0.74 Corporation Bank CD 20 May 08 - - 345,688 1.83 HDFC Bank CD 23 Sep 2009 142,347 0.50 - - HDFC Bank Ltd... - Equity Shares 1,537,016 5.41 389,586 2.07 ICICI Bank CD 10 Mar 09 - - 456,463 2.42 ICICI Bank CD 27 Aug 08 - - 241,063 1.28 ICICI Bank CD 27 Feb 2009 - - 458,620 2.43 ICICI Bank Ltd... - Equity Shares 2,264,941 7.97 2,229,417 11.83 IDBI Bank CD 12 Mar 09 - - 228,039 1.21 IDBI Bank CD 19 May 08 - - 98,747 0.52 IDBI Ltd... - Equity Shares - - 302,940 1.61



104




Indian Bank CD 4 April 08 - - 199,829 1.06 ING Vysya Bank Ltd... - Equity Shares 169,118 0.60 355,080 1.88 Kotak Bank CD 4 July 2008 - - 244,480 1.30 Kotak Mahindra Bank CD 30 May 2008 - - 147,750 0.78 National Housing Bank Loan PTC Class A8- 25-Mar-2010 36,066 0.13 - - Oriental Bank of Commerce - Equity Shares - - 172,679 0.92 Oriental Bank of Commerce CD 01 Jan 10 237,003 0.83 - - Oriental Bank of Commerce CD 04 June 09 98,532 0.35 - - Oriental Bank of Commerce CD 15 Sep 08 - - 239,251 1.27 Oriental Bank of Commerce CD 24 Dec 08 - - 93,741 0.50 Oriental Bank of Commerce CD 26 Aug 09 95,879 0.34 - - Punjab National Bank CD 12 Jan 2009 - - 233,600 1.24 Punjab National Bank CD 29 July 2009 241,360 0.85 - - Punjab National Bank - Equity Shares 476,223 1.68 787,690 4.18 Punjab National Bank CD - 17-Dec-2009 377,368 1.33 - - Punjab National Bank CD 04 Feb 2010 471,081 1.66 - - Punjab National Bank CD 12 Feb 2010 471,075 1.66 - - Punjab National Bank CD 17 March 2010 372,616 1.31 - - Punjab National Bank CD 31 Aug 2009 191,574 0.67 - - Punjab National Bank-CD - 24-Feb-2009 - - 367,820 1.95 State Bank of Bikaner & Jaipur CD 20 Jan 2009 - - 233,521 1.24 State Bank of Bikaner & Jaipur CD 17 Nov 2009 237,625 0.84 - - State Bank of Bikaner & Jaipur CD 24 Feb 2010 471,986 1.66 - - State Bank of Bikaner & Jaipur CD 27 Aug 2009 95,809 0.34 - - State Bank of Bikaner & Jaipur CD 04 Dec 08 - - 141,458 0.75 State Bank of Bikaner & Jaipur CD 13 June 08 - - 245,762 1.30 State Bank of Hyderabad CD 04 Jan 2010 235,392 0.83 - - State Bank of Hyderabad CD 09 Nov 2009 142,867 0.50 - - State Bank of Hyderabad CD 12 June 2008 - - 246,017 1.31 State Bank of Hyderabad CD 18 Jan 2010 237,542 0.84 - - State Bank of Hyderabad CD 20 Aug 2009 192,255 0.68 - - State Bank of Hyderabad CD 28 May 08 - - 197,064 1.05 State Bank of Hyderabad CD 30 June 2008 - - 243,890 1.29 State Bank of India - Equity Shares 2,989,425 10.53 1,981,609 10.52 State Bank of India CD 29 May 2008 - - 888,309 4.71 State Bank of Indore 01 June 2009 494,352 1.74 - - State Bank of Indore CD 12 May 2008 - - 99,065 0.53 State Bank of Mysore - 04-Aug-2009 978,274 3.44 - - State Bank of Mysore CD - 15-June-2009 493,018 1.74 - - State Bank of Mysore CD 01 Sep 08 - - 240,061 1.27 State Bank of Mysore CD 10 Feb 2009 - - 369,947 1.96 State Bank of Mysore CD 11 June 08 - - 245,895 1.31 State Bank of Mysore CD 16-Dec-2009 236,103 0.83 - - State Bank of Patiala CD 01 June 2009 494,147 1.74 - - State Bank of Patiala CD 10 March 2009 - - 228,822 1.21 State Bank of Patiala CD 12 March 2010 233,725 0.82 - - State Bank of Patiala CD 18 March 2010 234,042 0.82 - - State Bank of Patiala CD 22 June 2009 246,313 0.87 - - State Bank of Patiala CD 28 Oct 08 - - 95,181 0.51 State Bank of Patiala CD 29 Aug 2008 - - 240,904 1.28 State Bank of Travancore CD 03 Aug 2009 489,234 1.72 - - State Bank of Travancore CD 24 Nov 2009 474,509 1.67 - - SyndicateBank CD 29 March 2010 466,904 1.64 - -



105




UCO Bank CD 20 Nov 08 - - 141,843 0.75 UCO Bank CD 26 March 2009 - - 136,816 0.73 Union Bank 30 May 2008 - - 246,263 1.31 Union Bank CD 18 July 2008 - - 244,280 1.30 Union Bank CD 23 Oct 2008 - - 238,991 1.27 Union Bank CD 24 June 2008 - - 244,680 1.30 Union Bank of India CD 06 Nov 2009 479,771 1.69 - - Union Bank of India CD 15-Dec-2009 472,120 1.66 - - Union Bank of India CD 24 Dec 2009 235,363 0.83 - - Vijaya Bank - Equity Shares 177,642 0.63 - - Grand Total 28,402,303 100 18,840,607 100



106


Fund Name F.Y. 2008-09 F.Y. 2007-08

Accelerated Fund 14.218 12.464 15.307 14.571 12.200 16.694 Acc Mid Cap Pension Fund 8.882 7.662 16.121 15.181 11.946 19.217 Acc Mid Cap Fund 8.863 7.651 15.892 15.092 12.308 19.420 Asset Allocation Fund 9.192 8.099 10.438 10.004 9.714 11.331 Asset Allocation Pension Fund 8.848 7.816 10.030 9.656 9.311 10.112 Balanced Fund 13.444 11.779 16.875 15.937 13.832 18.851 Balanced Plus Fund 15.596 13.541 18.887 17.836 15.460 20.964 Balanced Plus Pension Fund 14.865 12.990 17.833 16.878 14.548 19.733 Bond Fund 12.917 11.303 13.216 11.409 10.449 11.458 Bond Pension Fund 13.195 11.511 13.464 11.548 10.475 11.548 Capital Guarantee Fund- 2012 10.892 9.801 11.305 10.990 9.999 11.920 Capital Guarantee Fund- 2014 10.659 9.481 11.447 11.062 9.796 12.123 Capital Guarantee Fund- 2017 10.133 8.857 11.881 11.330 9.963 12.973 Capital Shield Fund- I 10.459 10.000 10.459 - - - Capital Shield Fund- II 10.398 9.973 10.398 - - - Cash Fund 13.293 12.200 13.293 12.182 11.247 12.182 Cash Plus Fund 14.189 12.836 14.189 12.814 11.668 12.814 Cash Plus Pension Fund 14.111 12.763 14.111 12.739 11.529 12.739 Debt Fund 12.829 11.382 13.180 11.511 10.617 11.540 Debt Plus Fund 13.745 11.995 14.062 12.058 10.982 12.058 Debt Plus Pension Fund 14.038 12.358 14.400 12.395 11.270 12.414 Equity Fund 14.142 11.873 24.518 22.251 18.271 29.747 Equity Gain Fund 19.186 16.236 29.771 27.597 24.562 36.915 Equity Growth Fund 8.864 7.629 14.783 13.544 11.904 18.135 Equity Growth Pension Fund 8.732 7.546 14.580 13.314 11.924 18.509 Equity Index Fund 18.190 15.176 31.138 28.230 22.848 37.578 Equity Index Fund - II 9.808 8.202 16.789 15.227 12.416 20.320 Equity Index Pension Fund 15.982 13.351 27.385 24.826 20.169 33.109 Equity Index Pension Fund - II 9.611 8.038 16.470 14.933 12.180 19.917 Equity Midcap Fund 14.609 12.457 22.661 21.174 18.430 28.182 Equity Midcap Pension Fund 16.823 14.332 25.511 23.710 19.523 29.914 Equity Midcap Plus Fund 15.461 13.173 23.724 22.372 18.967 29.307 Equity Plus Fund 19.981 16.860 30.669 28.445 25.309 38.523 Equity Plus Pension Fund 18.127 14.966 26.960 25.065 22.195 33.741 Group Debt Fund 11.259 9.975 11.569 10.000 10.000 10.017 Group Liquid Fund 10.517 10.009 10.517 - - - Group Short Term Debt Fund 10.018 9.947 10.026 - - - Life Long Gain Fund 11.944 10.595 12.247 10.741 9.931 10.778 Liquid Pension Fund 12.746 11.547 12.746 11.528 10.515 11.528 Liquid Fund 12.763 11.583 12.763 11.563 10.546 11.563 Premier Balanced Fund 11.660 10.264 13.994 13.297 11.685 15.446 Premier Bond Fund 12.273 10.935 12.581 11.095 10.308 11.163 Premier Debt Fund 12.790 11.371 13.301 11.452 10.594 11.518 Premier Equity Fund 10.371 8.701 17.992 16.326 13.384 21.762 Premier Equity Gain Fund 10.378 8.688 16.059 14.539 13.385 21.744 Premier Equity Growth Fund 8.318 7.195 14.422 13.186 12.105 18.330 Premier Equity Index Fund 9.377 7.901 16.346 14.842 12.247 19.853 Pure Equity Fund 12.114 9.930 15.464 14.603 12.179 17.925 Pure Stock Fund 11.620 9.565 14.963 14.150 11.317 17.106 Pure Stock Pension Fund 8.034 6.772 10.324 - - - Secure Fund 13.575 12.413 13.776 13.092 11.241 13.239 Stable Fund 13.246 12.024 13.403 13.053 11.425 14.504

Closing NAV31-March-2009 31-March-2008

(Rs.) (Rs.) (Rs.) (Rs.) (Rs.) (Rs.)

Lowest NAV Highest NAV Closing NAV Lowest NAV Highest NAV

Enclosure D: Highest,Lowest and Closing NAV For the year 2008-09 Appendix III Refer Schedule 16 Note 24


107


Fund Names Income Ratio (%)F.Y.2008-09 F.Y.2007-08

Accelerated Fund (4.69) 19.72 Acc Mid Cap Pension Fund (52.84) 16.41 Acc Mid Cap Fund (48.84) 11.01 Asset Allocation Fund (7.02) (22.55)Asset Allocation Pension Fund (2.55) (9.69)Bond Fund 14.83 9.68 Bond Pension Fund 16.15 11.33 Capital Guarantee Fund- 2012 0.30 9.70 Capital Guarantee Fund- 2014 (2.63) 11.88 Capital Guarantee Fund- 2017 (8.28) 12.87 Capital Shield Fund- I 13.72 NA Capital Shield Fund- II 31.55 NA Cash Fund 11.15 10.60 Cash Plus Fund 10.98 10.34 Cash Plus Pension Fund 10.95 11.30 Debt Fund 13.47 10.80 Debt Plus Fund 14.15 10.69 Debt Plus Pension Fund 13.75 10.54 Equity Fund (43.85) 20.30 Equity Gain Fund (34.85) 11.16 Equity Growth Fund (38.63) 2.86 Equity Growth Pension Fund (39.23) 0.90 Equity Index Fund (44.31) 18.59 Equity Index Fund - II (38.55) (3.93)Equity Index Pension Fund (42.65) 19.73 Equity Index Pension Fund - II (39.81) (11.79)Equity Midcap Fund (34.92) 14.65 Equity Midcap Pension Fund (32.32) 19.59 Equity Midcap Plus Fund (36.12) 17.49 Equity Plus Fund (35.46) 10.84 Equity Plus Pension Fund (32.18) 13.24 Group Debt Fund 18.37 1.00 Group Liquid Fund 13.01 NA Group Short Term Debt Fund 1.87 NA Life Long Gain Fund 15.17 10.23 Liquid Pension Fund 11.19 10.43 Liquid Fund 11.10 10.38 Premier Bond Fund 14.00 10.54 Premier Debt Fund 12.66 10.86 Premier Equity Fund (44.54) 22.10 Premier Equity Gain Fund (32.65) 12.72 Premier Equity Growth Fund (44.57) 5.99 Premier Equity Index Fund (45.06) 9.09 Pure Equity Fund (17.33) 16.62 Pure Stock Fund (11.12) 6.38 Pure Stock Pension Fund (9.17) NA Secure Fund 5.15 1.61 Stable Fund (2.69) 9.55

Fund Names Expense Ratio (%)F.Y.2008-09 F.Y.2007-08

Accelerated Fund 1.26 1.20Acc Mid Cap Pension Fund 1.85 1.76Acc Mid Cap Fund 1.86 1.76Asset Allocation Fund 1.87 1.24Asset Allocation Pension Fund 0.75 1.25Bond Fund 1.02 0.96Bond Pension Fund 1.03 0.96Capital Guarantee Fund- 2012 1.33 1.25Capital Guarantee Fund- 2014 1.33 1.28Capital Guarantee Fund- 2017 1.06 1.25Capital Shield Fund- I 3.07 NACapital Shield Fund- II 3.61 NACash Fund 2.38 2.31Cash Plus Fund 0.76 0.75Cash Plus Pension Fund 0.75 0.83Debt Fund 2.39 2.31Debt Plus Fund 0.76 0.75Debt Plus Pension Fund 0.75 0.88Equity Fund 2.37 2.31Equity Gain Fund 2.90 2.81Equity Growth Fund 1.86 1.76Equity Growth Pension Fund 1.85 1.76Equity Index Fund 1.07 1.05Equity Index Fund - II 1.33 1.26Equity Index Pension Fund 1.05 1.13Equity Index Pension Fund - II 1.33 1.26Equity Midcap Fund 2.90 2.81Equity Midcap Pension Fund 1.58 1.65Equity Midcap Plus Fund 1.60 1.55Equity Plus Fund 1.60 1.55Equity Plus Pension Fund 1.59 1.55Group Debt Fund 1.10 1.00Group Liquid Fund 0.78 NAGroup Short Term Debt Fund 0.99 NALife Long Gain Fund 2.37 2.42Liquid Pension Fund 1.02 0.96Liquid Fund 1.02 0.96Premier Bond Fund 2.93 2.77Premier Debt Fund 2.38 2.38Premier Equity Fund 2.38 2.30Premier Equity Gain Fund 2.37 2.31Premier Equity Growth Fund 2.89 2.77Premier Equity Index Fund 2.89 2.77Pure Equity Fund 1.60 1.55Pure Stock Fund 2.94 1.76Pure Stock Pension Fund 1.91 NASecure Fund 1.27 1.20Stable Fund 1.22 1.20

Note: The above percentage of charges exclude charges deducted by wayof cancellation of units.

Ratio of Gross Income to Average Daily Assets of the Fund.

Enclosure E and F

Annualised Expense Ratio to Average Daily Assets of the Fund



108


(Am

ount

in R

s. '0

00)

Acce

lera

ted

Fund

Pens

ion

Fund

Allo

catio

nAl

loca

tion

Fund

Pens

ion

Guar

ante

eGu

aran

tee

Guar

ante

eSh

ield

Fund

Fund

Pens

ion

Fund

Fund

Fund

- 201

2 Fu

nd- 2

014

Fund

- 201

7 Fu

nd- I

Acc M

id C

apAc

c Mid

Cap

Asse

tAs

set

Bond

Bond

Capi

tal

Capi

tal

Capi

tal

Capi

tal

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

009

-

-

-

(1,4

02.1

0) -

(6

,628

.50)

(865

.66)

1,4

58.8

5 3

2.12

9

14.0

3 -

44

.98

-

-

39,

059.

70

2,6

59.8

0 1

4,79

7.70

8

64.0

2 2

,667

.93

35.

91

(72.

67)

2,6

24.6

0 17

2.12

-

-

1

78,5

15.7

0 6

,281

.42

52,

891.

04

6,1

65.7

4 3

94.8

1 1

61.9

4 4

89.3

3 3

,957

.78

(2,4

45.9

1) (1

8,27

0.58

) (2

71,8

99.8

7) (1

87,5

52.0

7) 6

15.0

9 -

-

(6

,698

.92)

(470

.51)

(4,7

37.2

4) -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(2,2

29)

(18,

271)

(271

,900

) 2

8,62

1 9

,556

6

1,06

0 6

,164

(2

,177

) (2

41)

(3,4

07)

6,5

82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.56

(1

,312

.11)

(16,

088.

31)

(84,

322.

24)

(2,2

32.6

8) -

-

(1

,809

.39)

(140

.06)

(1,3

71.7

5) -

-

2

7.32

3

20.9

0 -

-

-

-

-

-

-

-

5

(1,2

85)

(15,

767)

(84,

322)

(2,2

33)

-

-

(1,8

09)

(140

) (1

,372

) -

(2,2

24)

(19,

555)

(287

,667

) (5

5,70

1) 7

,324

6

1,06

0 6

,164

(3

,987

) (3

81)

(4,7

78)

6,5

82

(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

009

Capi

tal

Shie

ldFu

ndPl

usPl

usFu

ndPl

usPl

usFu

ndGa

inGr

owth

Grow

thFu

nd- I

IFu

ndPe

nsio

n Fu

ndFu

ndPe

nsio

n Fu

ndFu

ndFu

ndPe

nsio

n Fu

nd

Cash

Cash

Cash

Debt

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

-

-

-

-

(7,0

45.9

7) (8

,669

.49)

(799

.76)

-

-

-

-

10,5

52.0

0 -

-

-

8

,213

.01

10,

817.

00

447

.35

-

-

-

-

213.

06

-

-

-

28,

649.

71

30,

853.

78

2,4

43.3

1 -

-

-

-

-

-

-

-

-

-

-

(1

81,5

91.1

4) (1

49,8

21.1

9) (6

,279

,793

.51)

(291

,869

.13)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,7

65

-

-

-

29,

817

33,

001

2,0

91

(181

,591

) (1

49,8

21)

(6,2

79,7

94)

(291

,869

)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(109

,091

.13)

(122

,647

.48)

(1,5

87,0

07.1

2) (8

4,34

7.97

)-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(109

,091

) (1

22,6

47)

(1,5

87,0

07)

(84,

348)

10,7

65

-

-

-

29,

817

33,

001

2,0

91

(290

,682

) (2

72,4

69)

(7,8

66,8

01)

(376

,217

)


Encl

osur

e G

: Fun

dwis

e an

d Cl

assw

ise

App

reci

atio

n/(D

epre

ciat

ion)

in v

alue

of I

nves

tmen

tsA

pp

end

ix II

I Ref

er S

ched

ule

16

No

te 2

4

109


(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

009

(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

009

Equi

tyIn

dex

Inde

xIn

dex

Inde

x Pe

nsio

nM

idca

pM

idca

pM

idca

pPl

usPl

usDe

btLi

quid

Fund

Fund

- II

Pens

ion

Fund

Fund

- II

Fund

Pens

ion

Fund

Plus

Fund

Fund

Pens

ion

Fund

Fund

Fund

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Grou

pGr

oup

-

-

-

-

-

-

-

-

-

(4,4

78.8

1) -

-

-

-

-

-

-

-

-

-

5

,144

.69

-

-

-

-

-

-

-

-

-

-

16,

323.

94

-

(355

,523

.84)

(5,8

11,6

34.0

1) (2

0,08

9.32

) (4

84,9

37.0

8) (1

16,2

21.0

3) (7

,287

.30)

(181

,795

.60)

(236

,377

.34)

14,

242.

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(355

,524

) (5

,811

,634

) (2

0,08

9) (4

84,9

37)

(116

,221

) (7

,287

) (1

81,7

96)

(236

,377

) 1

4,24

2 1

6,99

0 -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(102

,471

.80)

(1,6

93,9

81.1

6) (6

,241

.99)

(134

,408

.01)

(9,1

61.0

7) (4

93.0

9) (1

3,76

7.23

) (1

94,3

27.1

7) (8

,645

.77)

-

-

-

-

-

-

2,4

59.4

8 1

1.56

2

6.72

-

-

-

-

(102

,472

) (1

,693

,981

) (6

,242

) (1

34,4

08)

(6,7

02)

(482

) (1

3,74

1) (1

94,3

27)

(8,6

46)

-

-

(457

,996

) (7

,505

,615

) (2

6,33

1) (6

19,3

45)

(122

,923

) (7

,769

) (1

95,5

36)

(430

,705

) 5

,597

1

6,99

0 -

Grou

p Sh

ort

Term

Deb

tLo

ngPe

nsio

nFu

ndBo

ndDe

btEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

Fund

Gain

Fund

Fund

Fund

Fund

Fund

Gain

Fund

Gro

wth

Fund

Inde

x Fu

ndFu

nd

Life

Liqu

idLi

quid

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

-

(150

.50)

-

-

(739

.56)

(585

.37)

-

-

-

54.

50

-

(32.

89)

461

.69

-

-

1,6

07.5

6 7

98.0

9 -

-

-

-

-

(2

2.70

) 3

,516

.23

-

-

4,2

81.2

6 2

,634

.98

-

-

-

-

-

-

-

-

-

-

-

4,7

85.5

4 (2

,383

.02)

(301

,333

.98)

(270

,829

.12)

(64,

908.

64)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(56)

3,8

27

-

-

5,1

49

2,8

48

4,7

86

(2,3

83)

(301

,334

) (2

70,7

75)

(64,

909)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(15,

080.

14)

(11,

820.

73)

(89,

093.

65)

(72,

048.

32)

(16,

295.

68)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(15,

080)

(11,

821)

(89,

094)

(72,

048)

(16,

296)

(56)

3,8

27

-

-

5,1

49

2,8

48

(10,

295)

(14,

204)

(390

,428

) (3

42,8

23)

(81,

204)


110

Encl

osur

e G

: Fun

dwis

e an

d Cl

assw

ise

App

reci

atio

n/(D

epre

ciat

ion)

in v

alue

of I

nves

tmen

tsA

pp

end

ix II

I Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infra

stru

ctur

e Bo

nds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)No

te: T

he a

bove

app

reci

atio

n / d

epric

iatio

n is

the

diffe

renc

e be

twee

n m

arke

t val

ue a

nd th

e bo

ok co

st o

f the

ist

nves

tmen

t as a

t 31

Mar

ch 2

009

Encl

osur

e G

: Fun

dwise

and

Cla

ssw

ise A

ppre

ciat

ion/

(Dep

reci

atio

n) in

valu

e of

Inve

stm

ents

Pure

Stoc

kSt

ock

Fund

Fund

Tota

lFu

ndPe

nsio

n Fu

nd

Pure

Secu

reSt

able

Gran

d

-

-

(484

.32)

(1,2

32.4

9) (3

0,62

3.01

) -

-

1

,356

.86

522

.97

102

,570

.28

-

-

5,0

31.2

2 2

,123

.96

345

,078

.62

39,

066.

93

484

.02

(5,6

91.8

9) 6

35.9

5(15

,194

,332

.33)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,

067

484

2

12

2,0

50

(14,

777,

306)

-

-

-

-

-

-

-

-

-

-

(22,

796.

64)

(51.

89)

103

.16

82.

30 (

4,40

0,86

4.56

) -

-

-

-

2

,845

.98

(22,

797)

(52)

103

8

2 (4

,398

,019

)

16,

270

432

3

15

2,1

33

(19,

175,

325)


111

Encl

osur

e G

: Fun

dwis

e an

d Cl

assw

ise

App

reci

atio

n/(D

epre

ciat

ion)

in v

alue

of I

nves

tmen

tsA

pp

end

ix II

I Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

008

(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

008

Acc M

id C

apFu

ndPe

nsio

nFu

ndAl

loca

tion

Allo

catio

nBo

ndPe

nsio

nGu

aran

tee

Guar

ante

eGu

aran

tee

Fund

Fund

Fund

Pens

ion

Fund

Fund

Fund

- 201

2Fu

nd- 2

014

Fund

- 201

7

Acc M

id C

apAc

cele

rate

dAs

set

Asse

tsBo

ndBo

ndCa

pita

lCa

pita

lCa

pita

lCa

sh

-

-

8

(9,7

72)

(358

) (1

,581

) (3

) (8

8) 8

2

28

-

23

5

35

(9,0

19)

(87)

(3,6

93)

(154

) 1

,111

(4

) (2

6) -

-

-

(3

5) (1

6,22

8) (2

64)

(2,1

06)

152

(1

1) 7

7 3

17

-

(107

,822

) (1

2,83

3) 7

26

(416

,546

) (1

,447

) -

-

8

21

184

1

,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(107

,799

) (1

2,82

8) 7

34

(451

,565

) (2

,156

) (7

,380

) (5

) 1

,833

2

65

2,2

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(7,8

84)

669

(4

6) (7

0,14

3) (2

5) -

-

3

30

56

566

-

6

1 -

-

2

09

-

-

-

-

-

-

-

(7,8

23)

669

(4

6) (6

9,93

4) (2

5) -

-

3

30

56

566

-

(115

,622

) (1

2,15

9) 6

88

(521

,499

) (2

,181

) (7

,380

) (5

) 2

,163

3

21

2,8

14

-

Cash

Plus

Plus

Fund

Plus

Plus

Fund

Gain

Grow

thGr

owth

Inde

xIn

dex

Fund

Pens

ion

Fund

Fund

Pens

ion

Fund

Fund

Fund

Pens

ion

Fund

Fund

Fund

II

Cash

Debt

Debt

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tyEq

uity

-

-

56

(1,9

87)

(483

) -

-

-

-

-

-

-

-

(1

,523

) (5

,103

) (1

73)

-

-

-

-

-

-

-

-

(4,8

96)

(2,4

44)

86

-

-

-

-

-

-

-

-

-

-

-

1,1

00,1

87

518

,884

(9

63,6

58)

(122

,059

) 3

37,4

57

(372

,909

) -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(6,3

63)

(9,5

34)

(570

) 1

,100

,187

5

18,8

84

(963

,658

) (1

22,0

59)

337

,457

(3

72,9

09)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

313

,689

(5

4,76

8) (4

72,4

90)

(52,

151)

119

,206

(9

7,07

9) -

-

-

-

-

-

2

4 2

49

7

-

-

-

-

-

-

-

313

,689

(5

4,74

4) (4

72,2

41)

(52,

144)

119

,206

(9

7,07

9)

-

-

(6,3

63)

(9,5

34)

(570

) 1

,413

,876

4

64,1

40

(1,4

35,8

99)

(174

,203

) 4

56,6

63

(469

,988

)


112

Encl

osur

e G

: Fun

dwis

e an

d Cl

assw

ise

App

reci

atio

n/(D

epre

ciat

ion)

in v

alue

of I

nves

tmen

tsA

pp

end

ix II

I Ref

er S

ched

ule

16

No

te 2

4


(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

008

(Am

ount

in R

s. '0

00)

Part

icul

ars

Gove

rnm

ent B

onds

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

oney

Mar

ket

Mut

ual F

und

Depo

sit w

ith B

anks

Tota

l(A)

Corp

orat

e Bo

nds

Infr

astr

uctu

re B

onds

Equi

tyM

utua

l Fun

d

Tota

l(B)

Tota

l(A+

B)st

Note

: The

abo

ve a

ppre

ciat

ion

/ dep

ricia

tion

is th

e di

ffere

nce

betw

een

mar

ket v

alue

and

the

book

cost

of t

he in

vest

men

t as a

t 31

Mar

ch 2

008

Equi

tyIn

dex

Inde

x Pe

nsio

nPl

usPl

usDe

btLo

ngFu

nd

Pens

ion

Fund

Pe

nsio

nPl

usPe

nsio

n Fu

ndFu

nd II

Fund

Pens

ion

Fund

Fund

Gain

Fund

Fund

Fund

Fund

Equi

tyEq

uity

Equi

tyGr

oup

Life

Liqu

idLi

quid

Mid

Cap

Mid

Cap

Mid

Cap

-

-

-

-

-

(6)

-

-

-

-

-

-

-

-

-

-

(137

) -

-

1

7 3

2

9 -

-

-

-

-

(8

62)

-

-

-

-

-

25,

573

(61,

359)

785

,192

2

0,94

1 -

-

-

-

(3

0,06

4) (6

,877

) (1

2,90

8) -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,

573

(61,

359)

785

,192

2

0,94

1 -

(1

,005

) -

-

(3

0,04

7) (6

,874

) (1

2,87

9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,5

92

(15,

118)

(223

,725

) 8

,831

-

-

-

-

5

,662

1

,911

1

7,19

2 -

-

2

11

-

-

-

-

-

17

-

55

8,5

92

(15,

118)

(223

,514

) 8

,831

-

-

-

-

5

,679

1

,911

1

7,24

7

34,

165

(76,

477)

561

,678

2

9,77

2 -

(1

,005

) -

-

(2

4,36

8) (4

,963

) 4

,368

Prem

ier

Bond

Debt

Equi

tyEq

uity

Equi

tyEq

uity

Equi

tySt

ock

Fund

Fund

Fund

Fund

Fund

Gai

n Fu

nd G

row

th Fu

ndIn

dex

Fund

Fund

Fu

nd

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Prem

ier

Pure

Pure

Secu

reSt

able

Tota

l

38

8

-

-

-

-

-

-

(254

) 9

3 (1

4,09

3) (6

5) (7

18)

-

-

-

-

-

-

42

(496

) (1

9,93

3) (3

44)

(527

) -

-

-

-

-

-

(4

34)

(401

) (2

7,92

0) -

-

5

,755

2

0,17

9 (1

50,7

46)

19,

978

71,

203

(11,

127)

(672

) (3

0,03

0) 6

07,7

52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(371

) (1

,237

) 5

,755

2

0,17

9 (1

50,7

46)

19,

978

71,

203

(11,

127)

(1,3

18)

(30,

834)

545

,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,4

92

(34,

738)

(23,

182)

13,

585

29,

129

745

(1

12)

(3,6

44)

(532

,450

) -

-

-

-

3

-

-

-

-

-

8

36

-

-

2,4

92

(34,

738)

(23,

179)

13,

585

29,

129

745

(1

12)

(3,6

44)

(531

,614

)

(371

) (1

,237

) 8

,247

(1

4,55

9) (1

73,9

25)

33,

563

100

,332

(1

0,38

2) (1

,430

) (3

4,47

8) 1

4,19

2


113

Encl

osur

e G

: Fun

dwis

e an

d Cl

assw

ise

App

reci

atio

n/(D

epre

ciat

ion)

in v

alue

of I

nves

tmen

tsA

pp

end

ix II

I Ref

er S

ched

ule

16

No

te 2

4


Receipts and Payments Account (Cash Flow Statement)for the Period ending 31st March 2009



Cash Flow from Operating ActivitiesReceipts from customers - Premium Income 106,026,241 97,167,145 - Premium & Other Deposits (795,883) 247,202

105,230,358 97,414,347 Other IncomeInterest on overdue premium 40,389 29,879 Unit linked fund administration / management charges 1,813,022 1,351,685 Others 90,698 87,763

1,944,109 1,469,327Cash generated from operations 107,174,467 98,883,675Cash paid towards Operating ActivitiesCommission (9,592,609) (15,057,592)Claims (7,530,565) (8,408,714)Other Expenses (18,139,198) (19,795,499)Direct Taxes Paid (91,356) (100,075)Change in Working Capital (3,107,138) 1,275,145

(38,460,866) (42,086,736)Cash flow before extraordinary item 68,713,601 56,796,939Extraordinary Item - - Net cash from Operating Activities ( A ) 68,713,601 56,796,939Cash Flow from Investing ActivitiesPurchase of Fixed Assets (763,461) (781,566)Purchase of Investments (Shareholders & Policy Holders) (111,968,837) (102,056,655)Net Increase/Decrease in Unit Link Investments (65,833,014) (53,021,687)

(178,565,312) (155,859,907)Investment Income (Shareholders & Policyholders) 2,282,966 1,348,942Sale of Investment (Shareholders & Policyholders) 107,003,320 91,787,225Sale of Fixed Assets 2,015 2,067

109,288,300 93,138,234Net cash from investing activities ( B ) (69,277,012) (62,721,673)Cash Flow from Financing activitiesProceeds from Issuance of Share Capital - 3,410Share Premium received on issuance of Share Capital - 5,097,950

- 5,101,360Net cash from Financing Activities ( C ) - 5,101,360Net increase in Cash & Cash Equivalents (D = A + B + C ) (563,411) (823,374)Cash & Cash equivalents at the beginning of the Year 3,321,003 4,144,377Cash & Cash Equivalents at the end of the Period 2,757,592 3,321,003Components of cash & cash equivalentsCash and Bank Balances ( as per Sch 11) 3,552,963 3,730,894Temporary overdraft (as per Sch 13 ) (795,371) (409,891)

2,757,592 3,321,003

As per our report of even date attached

Chartered Accountants Chartered AccountantsAnish Amin Juzer Miyajiwala Rahul Bajaj Kamesh Goyal Niraj Bajaj Partner Partner Chairman Alternate Director and Director Membership No. 40451 Membership No. 47483 Chief Executive Officer

Sanjiv Bajaj S. H. Khan Ranjit Gupta Director Director Director Sanjay Asher Suraj Mehta Manu Tandon Director Director Director Rajesh Viswanathan Anil Singh Sameer Bakshi Chief Financial Officer Appointed Actuary Company Secretary &





114

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Balance sheet abstract and Company's general business profile

Balance sheet abstract and Company's general business profile

I. Registration Details

II. Capital raised during the year (Amount in Rs '000)

III. Position of mobilisation and deployment of funds (Amount in Rs '000)

IV Source of Funds (Amount in Rs '000)

V Application of Funds (Amount in Rs '000)

VI. Performance of Company (Amount in Rs '000)

Note: Being a life insurance company there is no turnover.

Registration No.15959 25

CINU66010PN2001PLC015959

Balance Sheet Date31 03 2009

Date Month Year

Public Issue Rights Issue- -

Bonus Issue Private Placement- -

Total Liabilities Total Assets175,788,114 175,788,114

Paid-up Capital Reserves and Surplus (shareholders)1,507,090 10,599,550

Secured Loans Unsecured LoansNil Nil

Policyholders funds Others163,681,474 Nil

Net Fixed Assets Investments1,644,417 171,565,360

Net Current Assets Miscellaneous Expenditure(3,104,479) Nil

Accumulated loss (Shareholders) Others5,605,846 76,970

Turnover Total Expenditure- -

Profit/Loss before tax Profit/Loss after tax(706,727) (706,812)

Accumulated Profits-

Earnings per share Dividend rate (%)(4.69) Nil

State Code


115

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 100

Balance sheet abstract and Company's general business profile

VII. Generic Names 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.


Rahul Bajaj Kamesh Goyal Niraj Bajaj Chairman Alternate Director and Director

Chief Executive OfficerSanjiv Bajaj S. H. Khan Ranjit Gupta Director Director Director Sanjay Asher Suraj Mehta Manu Tandon Director Director Director Rajesh Viswanathan Anil Singh Sameer Bakshi Chief Financial Officer Appointed Actuary Company Secretary &




116


Notes

Bajaj Allianz Life Insurance Co. Ltd.GE Plaza, Airport Road, Yerawada, Pune 411006.

www.bajajallianzlife.co.in

Insurance is the subject matter of the solicitation

BJA

Z-O

-012

4/10

-Ju

l-09

bajaj allianz annual report 2008-09

Documents