Scheme C - Tier I
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NATIONAL PENSION SYSTEM TRUST NPS TRUST - A/C SBI PENSION FUND SCHEME – C TIER I BALANCE SHEET AS AT March 31, 2021 As at March 31, 2021 As at March 31, 2020 Schedules ` ` Liabilities Unit Capital 2 96326,91,431 73982,32,567 Reserves and Surplus 3 219455,21,900 146145,18,764 Current Liabilities and Provisions 4 235,54,595 399,82,931 Total 316017,67,926 220527,34,262 Assets Investments 5 307042,23,224 213479,79,312 Deposits 6 43,90,000 43,90,000 Other Current Assets 7 8931,54,702 7003,64,949 Total 316017,67,926 220527,34,262 - - NATIONAL PENSION SYSTEM TRUST NPS TRUST - A/C SBI PENSION FUND SCHEME – C TIER I REVENUE ACCOUNT FOR THE HALF YEAR ENDED March 31, 2021 Half Year ended Half Year ended Schedules March 31, 2021 March 31, 2020 ` ` Income Interest 8 9896,36,312 7500,53,107 Profit on sale/redemption of investments 9 (1404,74,989) 225,44,094 Profit on inter-scheme transfer/sale of investments 10 1931,26,131 - Unrealized gain on appreciation in investments 2406,35,845 Other income - - - Miscellaneous Income 11 - - Total 10422,87,454 10132,33,045 Expenses and Losses Unrealized losses in value of investments 481,76,792 747,23,081 Loss on sale/redemption of investments 12 29,60,363 22,485 Loss on inter-scheme transfer/sale of investments 13 - Management fees 16,62,709 11,14,453 NPS Trust fees 7,04,538 4,94,349 Custodian fees 4,73,566 3,49,134 Depository and settlement charges 73,527 1,00,055 Stamp Duty on Bond/Mutual Fund 54,61,012 CRA Fees 159,69,903 128,88,150 Less: Amount recoverable on sale of units on account of CRA Charges (159,69,903) (128,88,150) Provision for Non-Performing Assets (27,172) 4,12,000 Total 594,85,336 772,15,557 Surplus/(Deficit) for the year 9828,02,119 9360,17,487 Net Surplus brought forward from previous year 53261,06,219 34533,64,270 Less: Trf to Unrealised Appreciation Account (481,76,792) 1659,12,764 Amount carried forward to Balance Sheet 63570,85,130 42234,68,992 NATIONAL PENSION SYSTEM TRUST NPS TRUST - A/C SBI PENSION FUND SCHEME – C TIER I NOTES ANNEXED TO AND FORMING PART OF THE BALANCE SHEET AS AT March 31, 2021 As at March 31, 2021 As at March 31, 2020 Schedule 2 ` ` Unit Capital Initial Capital* 1,000 1,000 Outstanding at the beginning of the year 80640,28,722 63563,67,260 Add :Units issued during the year 18808,05,073 13355,15,372 Less: Units redeemed during the year 3121,42,365 2936,50,064 Outstanding at the end of the year 96326,91,431 73982,32,567 (Face Value of Rs.10/- each unit, fully paid up) Outstanding units at the beginning of the year 8064,02,872 6356,36,726.00 Add :Units issued during the year 1880,80,507 1335,51,537.20 Less: Units redeemed during the year 312,14,236 293,65,006.40 Outstanding Units at the end of the year 9632,69,143 7398,23,256.70 * Initial Capital represent capital on the date of commencment of scheme As at March 31, 2021 As at March 31, 2020 Schedule 3 ` ` Reserves and Surplus Unit Premium Reserve Opening Balance 111712,97,096 77911,43,773 Add: Premium on Units issued 42291,09,043 25507,65,483 Less: Premium on Units redeemed 7012,97,547 5598,80,022 Closing Balance 146991,08,592 97820,29,234 Appropriation Account Surplus/(Deficit) carried forward 63570,85,130 42234,68,994 Closing Balance 63570,85,130 42234,68,994 Unrealised Appreciation Account Opening Balance 9375,04,970 4431,07,773 Add: Transferred from Revenue Account (481,76,792) 1659,12,764 Closing Balance 8893,28,178 6090,20,537 Total 219455,21,900 146145,18,764 As at March 31, 2021 As at March 31, 2020 Schedule 4 ` ` Current Liabilities and Provisions Current Liabilities Sundry Creditors for expenses NPS Charges Payable 1,30,067 90,717 Management Fee Payable 7,89,163 5,48,204 Custodial Charges Payable 2,29,902 3,13,500 Depository and settlement charges payable 1,20,309 86,920 Book Overdraft - Redemption Payable 222,50,091 389,08,167 TDS Payable 35,063 35,423 Contract for Purchase of Investments Amount Payable to Other Schemes - - Provision for Interest overdue - - Provision on upgraded Assets - - Interest receicved in advance - - 235,54,595 399,82,931 As at March 31, 2021 As at March 31, 2020 Schedule 5 ` ` Investments (Long Term and Short Term) Equity Shares - - Debentures and Bonds Listed/Awaiting Listing 286033,28,269 209291,79,310 Central and State Government Securities (including treasury bills) Commercial Paper - - Alternative Investment Funds * - - Basel III Tier I bonds Others - Mutual Fund Units 21008,94,955 4188,00,002 - Certificates of Deposit - Non Convertiable Debentures Classified as Non Performing Investment 40,00,000 40,00,000 Less: Provision for Non Performing Investment (40,00,000) (40,00,000) Total 307042,23,224 213479,79,312 *(Category I and Category II Only)/REITs/INVITs/Asset Backed Securities/Commercial mortgage based Securities or Residential mortgage based securities) As at March 31, 2021 As at March 31, 2020 Schedule 6 ` ` Deposits Deposits with Scheduled Banks 43,90,000 43,90,000 43,90,000 43,90,000 As at March 31, 2021 As at March 31, 2020 Schedule 7 ` ` Other Current Assets Balances with bank in a current account 48,07,813 296,07,610 Contracts for sale of investments - Outstanding and accrued income 8883,46,889 6707,57,339 Less: Provision for Accrued Interest Coupon Receivable Interest Receivable on Non-Performing Investments 6,51,338 Less: Provision for Interest on Non performing Investments (6,51,338) Application money pending allotment Redemption receivable on Non Performing Investment 156,00,000 20,00,000 Less: Provision for Non performing Investment (156,00,000) (20,00,000) 8931,54,702 7003,64,949 NATIONAL PENSION SYSTEM TRUST NPS TRUST - A/C SBI PENSION FUND SCHEME – C TIER I NOTES ANNEXED TO AND FORMING PART OF THE BALANCE SHEET AS AT March 31, 2021 Half Year ended Half Year ended Schedule 8 March 31, 2021 March 31, 2020 ` ` INTEREST INCOME Interest on Corporate Bonds / Debentures 9896,36,312 7500,53,107 9896,36,312 7500,53,107 Half Year ended Half Year ended Schedule 9 March 31, 2021 March 31, 2020 ` ` REALISED GAINS ON SALE OF INVESTMENTS Profit on Sale of Corp Bonds (1563,91,476) 75,05,850 Profit on Sale of Mutual Fund Scheme Units 159,16,488 150,38,243 (1404,74,989) 225,44,094 Half Year ended Half Year ended Schedule 10 March 31, 2021 March 31, 2020 ` ` REALISED GAINS ON SALE OF INVESTMENTS - INTER SCHEME Profit on Sale of Corporate Bond - - - Half Year ended Half Year ended Schedule 11 March 31, 2021 March 31, 2020 ` ` OTHER INCOME Excess Provision wirtten Back-Accrued Interest/Interest Receivable - - - Half Year ended Half Year ended Schedule 12 March 31, 2021 March 31, 2020 ` ` REALISED LOSSES ON SALE OF INVESTMENTS Loss on Sale of Corp Bonds 29,60,363 22,485 29,60,363 22,485 Half Year ended Half Year ended Schedule 13 March 31, 2021 March 31, 2020 ` ` REALISED LOSSES ON SALE OF INVESTMENTS - INTER SCHEME Loss on Sale of Corp Bonds - - NATIONAL PENSION SYSTEM TRUST SM001004-NPS TRUST- A/C SBI PENSION FUND SCHEME C - TIER I Notes annexed to and forming part of the financial statement(Refer Schedule 5) Bonds As On 31-03-2021 As On 31-03-2020 Sr.No. Security Description Face Value (Rs.) Market Value(Rs.) % to Assets Class Face Value (Rs.) Market Values(Rs.) % to Assets Class 1 0% ICICI BANK 2020 22-08-2020 0.00 0.00 0.00 2,40,000.00 2,34,174.24 0.00 2 10.08% IOTL-UTKAL ENERGY SERVICES 2022 68,00,000.00 70,99,662.40 0.02 68,00,000.00 71,28,868.40 0.03 20/02/2023 3 10.23% GREATER HYDERABAD MUNICIPAL 2000,00,000.00 2226,20,200.00 0.78 2000,00,000.00 2095,92,600.00 1.00 COPORATION 21.08.2029 4 10.25% RELIANCE GAS TRANSPORT INFRA 180,00,000.00 184,18,896.00 0.06 180,00,000.00 185,91,750.00 0.09 LTD. 2021 22.08.2021 5 10.30% IL & FS 2021 28.12.2021 40,00,000.00 40,00,000.00 0.01 40,00,000.00 40,00,000.00 0.02 6 10.40% DIWAN HOUSING FINANCE 2020 0.00 0.00 0.00 93,00,000.00 0.00 0.00 24.11.2020 7 10.42% UNITED PHOSPHOROUS LTD 2021 60,00,000.00 61,14,426.00 0.02 60,00,000.00 62,57,808.00 0.03 05.10.2021 8 10.47% UNITED PHOSPHORUS LIMITED 2022 20,00,000.00 20,84,784.00 0.01 20,00,000.00 21,26,832.00 0.01 05-10-2022 9 10.40% RELIANCE PORTS & TERMINALS LTD. 720,00,000.00 733,15,728.00 0.26 720,00,000.00 743,61,240.00 0.36 2021 18.07.2021 10 10.63% IOTL UTKAL 2028 20/10/2028 108,33,213.58 100,31,339.11 0.04 111,42,813.58 104,92,908.98 0.05 11 10.70% UNITED PHOSPHORUS LTD. 2026 20,00,000.00 20,23,300.00 0.01 20,00,000.00 20,79,022.00 0.01 06.07.2026 12 10.09% MRF LIMITED 2021 27.05.2021 160,00,000.00 161,43,184.00 0.06 160,00,000.00 166,35,664.00 0.08 13 10.00 % SHRIRAM TRANSPORT FINANCE 2024 190,00,000.00 194,88,604.00 0.07 190,00,000.00 184,78,887.00 0.09 13.11.2024 14 11.00% DIWAN HOUSING FINANCE 2021 0.00 0.00 0.00 43,00,000.00 0.00 0.00 15 11.00% SHRI RAM TRANSPORT 2020 0.00 0.00 0.00 20,00,000.00 20,00,014.00 0.01 20.04.2020 16 11.40% FULLERTON INDIA CREDIT CO LTD.